Albumin Market 2019 Emerging Trends by Abbott Laboratories, Becton, Dickinson and Company, F. Hoffmann-La Roche, Hologic , Sysmex Corporation, Thermo Fisher Scientific, and Trivitron Healthcare

The albumin market is expected to register a CAGR of 5.8% over the forecast period.
- Factors that are responsible for the growth of this market include rise in non-therapeutic application of albumin, rising production of immunoglobulin, rising plasma collection, and high demand for albumin in R&D activities.
- The rising awareness about the benefits of albumin as an excipient is boosting its demand across various laboratories. Albumin acts as a pharmaceutical stabilizer during formulation, as well as reconstitution, of the formulated pharmaceutical composition. It reduces adhesion and denaturation of the protein active ingredients, thereby preventing their loss.

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- Moreover, human serum albumin (HSA) has the benefit of having insignificant immunogenicity when injected into a patient, making it a suitable choice for vaccine formulations.
- Improvements in protein purification and molecular separation technology are anticipated to give a significant push to the market. Moreover, the emerging markets provide immense opportunities for albumin as an excipient, owing to the development of contract research manufacturing. Henceforth, these aforementioned factors are helping in market growth.
- However, the factors, such as the irrational uses and adverse reactions associated with albumin, and the rising shift toward serum-free solutions are restraining the market growth.

Top Players:
Some of the key players operating are Abbott Laboratories, Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd, Hologic Inc., Sysmex Corporation, Thermo Fisher Scientific Inc., and Trivitron Healthcare.

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Scope of the Report
Albumin is a water-soluble globular protein produced in the liver and accounts for 50% of blood plasma proteins. It plays a vital role in regulating blood volume and acts as transporters for molecules, such as few hormones, bile salts, and ions. It is commonly used as blood volumizer in rare diseases, burns, shocks, liver conditions, and other blood loss trauma and surgeries.

The Human Serum Albumin Segment is Expected to Grow Faster During the Forecast Period
Human serum albumin is the serum albumin found in human blood. It is the most abundant protein in human blood plasma and constitutes about half of the serum proteins. It is produced in the liver and is soluble and monomeric. The fast growth of the human serum albumin segment is due to its use in large amounts in the treatment of burns, shock, and blood loss, and even it is used in the pharmaceutical preparations, such as drug formulations and vaccines, and in cell culture media. Thus, the rising formulations and increasing R&D, along with the increasing of diseases, are helping the segment to grow faster in the forecast period.

Asia-Pacific to Register the Highest CAGR in the Albumin Market
The Asia-Pacific region is expected to dominate the market in the upcoming years. Increase in use of albumin for the treatment of diseases, the presence of a high patient pool, increase in R&D using albumin as an excipient, an increase in focus toward enhanced diagnosis are the major factors driving the growth of the albumin market in the Asia-Pacific region.

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