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Plasma Fractionation Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
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Plasma fractionation is the process of separating plasma from whole blood. Plasma is the liquid portion of blood that contains proteins, including clotting factors. Fractionation is necessary because plasma proteins can only be used therapeutically if they are free of red blood cells and other contaminants.
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Key Trends
There are several key trends in plasma fractionation technology.
One is the move towards using more purified and concentrated forms of plasma. This is being driven by the need for more effective and safer therapies, as well as by the increasing cost of plasma-derived products.
Another trend is the development of new technologies for the fractionation of plasma. This is being driven by the need for more efficient and cost-effective methods of plasma fractionation.
Key Drivers
The key drivers of the plasma fractionation market are the increasing incidence of chronic and infectious diseases, the growing demand for immunoglobulin therapy, and the availability of reimbursement policies in developed countries.
The increasing incidence of chronic and infectious diseases is the major factor driving the growth of the plasma fractionation market. According to the World Health Organization (WHO), the incidence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is increasing globally. This is expected to increase the demand for plasma-derived products such as immunoglobulins and clotting factors.
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Market Segments
The Plasma Fractionation Market is segmented on the basis of product, sector, and region. On the basis of product, the market is divided into albumin, immunoglobulins, coagulation factor VIII, and coagulation factor IX. By sector, the market is bifurcated into public sector and private sector. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Plasma Fractionation Market report includes players such as Baxter International Inc., Bio Product Laboratory, Biotest AG, CSL Ltd., Grifols SA, Kedrion S.P.A (Kedrion Biopharma Inc.), LFB S. A., Octapharma AG, Sanquin Blood Supply Foundation, and Takeda Pharmaceutical Company Limited.
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