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Platelet and Plasma Market Market Growth Drivers with America's Blood Centers, American Red Cross, Blood Centers of America, Brazilian Red Cross, Canadian Red Cross, European Blood Alliance, German Red Cross

03-05-2019 10:00 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

Platelet and Plasma Market

Platelet and Plasma Market

Increasing blood transfusion rates in Europe will drive the global platelet and plasma market growth over the forecast period. Blood transfusion process is primarily done to isolate the desired blood components such as red blood cells, plasma, platelets and other vital components of the blood. Government initiatives to create awareness regarding source plasma collection as well as use of lifesaving plasma protein therapies in rare diseases will positively impact the market growth. Advancements in healthcare infrastructure coupled with increasing number of blood transfusions will directly impact growth of platelets and plasma market in coming years.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• America's Blood Centers
• American Red Cross
• Blood Centers of America
• Brazilian Red Cross
• Canadian Red Cross
• European Blood Alliance
• German Red Cross
• Indian Red Cross Society (IRCS)
• Italian Red Cross
• Saudi Red Crescent Authority
• South African Red Cross Society (SARCS)
• Spanish Red Cross

Platelet segment accounted for the largest market share with a revenue of USD 3.6 billion in 2017 and will continue to dominate the industry over the forecast period. The reason can be attributed to increasing adoption of advanced technologies for the treatment of various diseases. Platelets are used in various surgical procedures due to its vivid therapeutic and prophylactic applications. Plasma segment is predicted to witness significant growth rate of 2.1% CAGR over the analysis period. The growth is attributed to rising incidences of chronic diseases such as autoimmune diseases, hereditary angioedema and other rare diseases. Plasma is used for treatment of various rare diseases in case of unavailability of any specific treatment, drugs or vaccines.

North America Platelet and Plasma Market accounted for the highest revenue of over USD 2.1 billion in 2017 and is projected to grow at a significant rate during the forecast period. The growth is attributed to the increasing cases of cancer, obesity, cardiac diseases, neurological disorders and other chronic diseases. Furthermore, American Red Cross undertakes various initiatives for increasing awareness regarding importance of blood donation. Blood donation systems in North America are based on a mixed system of non-compensated as well as compensated donations. Moreover, high demand for advanced technologies coupled with availability of advanced healthcare infrastructure will augment the regional growth during the forecast period.

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Ambulatory Surgical Centres (ASCs) accounted for 28.1% of the revenue share in 2017. The segment is estimated to witness lucrative growth in the coming years owing to growing inclination of people towards ambulatory surgeries. The benefits offered by ASCs such as short hospital stay, reduced risks of hospital acquired infection as well as well-equipped facilities will accelerate the growth of platelets and plasma market during the analysis timeframe.

Platelet and Plasma Market by Component
o Platelets
o Plasma

Platelet and Plasma Market by Application

o Hemophilia
o Thrombocytopenia
o Perioperative Indications
o Platelet Function Disorders
o Other Platelet Applications
o Coagulation Factor Deficiencies
o Thrombotic Thrombocytopenic Purpura
o Hemorrhage
o Liver Diseases
o Other Plasma Applications

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://solutionrocket.com

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