Plasma Fractionation Market Future Scenario, Growth rate, Market Segmentation, and Industrial Opportunities to 2028

According to the latest study on Plasma Fractionation Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product, Application, and End User," the market is projected to reach US$ 40,731.98 million by 2028 from US$ 26,575.83 million in 2021; it is expected to grow at a CAGR of 6.3% during 2021-2028. The report highlights the trends prevailing in the global plasma fractionation market, and drivers and deterrents pertaining to the market growth.

The increasing application of plasma therapy and active participation of companies in market developments are driving the growth of the plasma fractionation market. However, the availability of recombinant or non-plasma counterparts restrains the market growth. Further, development potential in emerging countries offer lucrative opportunities for the growth of the global plasma fractionation market.

The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overviewof the growth rate of Plasma Fractionation Market during the forecast period, i.e., 2022-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application,technology,and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

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Leading Plasma Fractionation Market market Players:

BASF SE
TMIC
Creative Proteomics
BGI
RTI International
Afekta Technologies Ltd.
Fred Hutchinson Cancer Research Center
West Coast Metabolomics Center
Molecular You
Metabolon, Inc.

Based on product, the plasma fractionation market is segmented into immunoglobulin, albumin, coagulation factor concentrates, protease inhibitors, and other plasma products. The immunoglobulin segment is expected to account for the largest share of the market in 2021. The growth of the segment is attributed to the changing medical perception toward the use of plasma therapy and immunization against infectious diseases.

Market Insights

As stated in the previous driver, the market offers considerable potential for the companies operating the market-related businesses. Due to the positive market growth, the global and regional market players are actively adopting organic and inorganic development strategies. Thus it is expected to attract more significant investments in the market in the forecast period. For instance, below are some of the developments and initiatives adopted by the market players.

In March 2021, Grifols, S.A., among the global leader in plasma-related markets, acquired about 25 US-based plasma centers from Bio Products Laboratory Holdings Limited. It is expected to add about one million liters of plasma for the fractionation processes.

In August 2021, Biotest AG started about the sixth plasma collection centre in the Czech Republic. The company received the operating license for these centres from the national public health authority SUKL. The center is state-of-the-art with about 15 donor beds and has facilities for the donors such as Television(TV), Wi-Fi, and others. The center is operational six days a week for twelve hours a day.

In February 2020, Advent International Corporation a US-based global private equity firm, acquired a majority stake in Bharat Serums and Vaccines. This investment is expected to strengthen and expand Bharat Serums' offerings in domestic and global markets.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Plasma Fractionation Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Plasma Fractionation Market segments and regions.

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Plasma Fractionation Market Segmented by Region/Country: North America, Europe, AsiaPacific, Middle East & Africa, and Central & South America

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