Press release
Latest Updates on Plasma Fractionation Market By Covid19 Impact Analysis and Top Manufacturers: Bio Products Laboratory, Biotest AG, China Biologic Products, CSL Behring
The Plasma Fractionation market studied is anticipated to grow with a CAGR of nearly 6.4%, during the forecast period. Certain factors that are driving the market growth include growing use of immunoglobulins in various therapeutic areas, rising geriatric population coupled with rise in prevalence of rare diseases, and increasing number of plasma collection centers across the globe.Plasma Fractionation Market Precise Outlook 2020-2025 is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the Plasma Fractionation Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.
The rise in the elderly population has led to the rise in demand for plasma fractionation. According to the Centers for Diseases Control and Prevention, the number of adults unable (or very difficult) to walk a mile was found to be around 17.1 million in 2016. As per the revised World Population Prospects, by the United Nations, the number of people aged 60 or above is expected to grow greater than double by 2050, i.e. from 962 million in 2017 to 2.1 billion in 2050, globally. This age group is highly vulnerable to different types of age-related diseases that require various plasma protein therapeutics.
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The prominent players in the Global Plasma Fractionation market are:
Bio Products Laboratory, Biotest AG, China Biologic Products, CSL Behring, Grifols S.A., Japan Blood Products Organization, Kedrion S.p.A, Octapharma, Shanghai RAAS Blood Products
*Industry Updates:
1) Oct 08, 2008 Govt approves setting up of Plasma Fractionation Centre
In January 2019, Takeda Pharmaceutical Company Limited (Japan), a global biopharmaceutical company acquired Shire, increasing its geographic footprint and global customer base.
2) Biotest AG:
06.04.2020 Biotest produces life-saving medicine derived from plasma from healed COVID-19 patients and participates in a cross-industry initiative
WED, APR 8 2020 BRIEF-4Sc: FDA Accepts IND Application For MERKLIN 2 Study
Aug. 14, 2019 DGAP-News: Biotest AG: Biotest increases adjusted EBIT by 12% to EUR 29.9 million
Standardization of Automation Components Pays Off at New Biotest AG Plasma Fractionation Plant
3) China Biologic Products:
Jun 20, 2016 China Biologic Products Opens Plasma Collection Station In Hebei Province
4) Octapharma:
06.04.2020 Octapharma acts to accelerate development of COVID-19 plasma therapies
Global Plasma Fractionation Market: Research Methodology
Albumin Shows Lucrative Growth Opportunity in the Global Plasma Fractionation Market
Human albumin (HA) is the most abundant circulating protein in the plasma of healthy individuals (3.5 5 g/dL). Albumin represents roughly 50% of the total protein content. HA is the main modulator of fluid distribution among the compartments of the body, providing approximately 70-80% of the total plasma oncotic pressure.
However, many other non-oncotic properties that are unrelated to the regulation of fluid compartmentalisation (and are mostly the result of the peculiar structure and conformation of the molecule) have been identified in the last two decades. Consequently, over the past decade, there has been an observed increment in the use of human albumin as a non-therapeutic material, specifically for commercial settings. A large number of biotech and biopharmaceutical firms are expected to develop recombinant versions of albumin to explore its potential in extending the half-life and stability to biologics and bio-similars. As of 2018, there were at least 15 products under clinical trial that involve the use of human albumin as an excipient (stabiliser and drug formulation).
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Competitive Landscape:
The global Plasma Fractionation market is moderately competitive and consists of a number of major players. Companies like Bio Products Laboratory, Biotest AG, China Biologic Products, CSL Behring, Grifols S.A., Japan Blood Products Organization, Kedrion S.p.A, Octapharma, Shanghai RAAS Blood Products, among others, hold the substantial market share in the market.
Furthermore, Global Plasma Fractionation Market following points are involved along with a detailed study of each point: -
- Global Plasma Fractionation Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Plasma Fractionation Market competition by Manufacturers (2020-2025)
- Production and Consumption by Regions
- Complete profiling and analysis of Manufacturers (2020-2025)
- Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Plasma Fractionation Market Effect Factors Analysis (2020-2025)
- Global Plasma Fractionation Market Forecast (2020-2025)
- Global Plasma Fractionation Market Research Findings and Conclusion
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.
Competitive Landscape:
- The majority of the ophthalmic ultrasounds are being manufactured by the Global key players. Market leaders with more funds for research and a better distribution system have established their position in the market.
- Moreover, Asia-pacific is witnessing the emergence of some small players due to the rise of awareness. This has also helped the market grow.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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