Albumin Market Share, Growth Opportunities, Analysis And Forecasts Report 2029

Market Overview:
The Global Albumin Market was valued at USD 5.16 billion in 2021 and is expected to reach USD 7.66 billion by the year 2028, at a CAGR of 5.8%.

Simple protein albumin is found in the bodily fluids and tissues of both animals and plants. It is produced in the liver of humans, where it makes up 25% of all the proteins the organ produces. It is released into the bloodstream after being synthesized in the liver. It performs a variety of crucial functions, including neutralizing free radicals, maintaining the proper osmotic pressure, and binding and transporting diverse substances including hormones and medications in the blood. A crucial protein for binding the components of plasma that would be harmful to human health if circulated in free form is albumin.

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The Report Will Contains A Crucial Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis

Market Dynamics:
Driver:
Numerous critical substances in the blood are transported by albumin in a significant way. Albumin's ability to deliver essential medications to their intended organs can be altered. Recombinant albumin can be created in a lab thanks to improvements in DNA technology and the rising popularity of recombinant DNA technology. This recombinant albumin can be used to treat a variety of conditions, including hypovolemia and hypoalbuminemia. Additionally, albumin can carry a variety of medications, and this property of albumin can be used to deliver cancer medications to the area of the body where tumors are concentrated, as well as to encourage the drug's accumulation within tumors.

Opportunities:
Over the past few years, there has been a steady increase in the number of people with liver problems. The liver is where albumin is synthesized, and any condition that affects the liver may have an impact on albumin production. In the United States, it is anticipated that 42,230 people will be diagnosed with primary liver cancer in 2021 and that 30,230 people will pass away from it. Additionally, liver cancer is the population's sixth most prevalent cancer kind. Serum albumin production is greatly impacted by liver diseases and cancer.

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Key Players For The Global Albumin Market:
• Albumedix Ltd. (UK)
• Albumin Bioscience (US)
• Biotest AG (Germany)
• CSL Behring (US)
• Grifols International SA (Spain)
• HiMedia Laboratories Pvt. Ltd. (India)
• InVitria (US)
• Medxbio Pte. Ltd. (Singapore)
• MilliporeSigma (US)
• Octapharma AG (Switzerland)
• RayBiotech Inc. (Georgia)
• Seracare Life Sciences Inc. (the US)
• Akron Biotech (US)
• Bristol-Myers Squibb Company (US)

Market Segmentation
By Product
• Recombinant Albumin
• Bovine Serum Albumin
• Human Serum Albumin

By Application
• Ingredient in Culture Media
• Vaccine Ingredient
• Therapeutics & Drug Delivery
• Others

By End-Users
• Research Institutes
• Pharmaceutical
• Biotechnology Industry

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By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

COVID-19 Impact on Albumin Market:
The outbreak of COVID-19 severely impacted the manufacturing facilities of several industries. To curb the spread of the SARS CoV-2 virus, the nationwide lockdown was imposed by multiple nations across the globe. There was a shortage of albumin products in the market due to the unavailability of the workforce and restrictions on transport. Studies found that a low level of albumin increased the mortality rate in individuals. Therefore, the demand for external albumin dosage significantly increased during the pandemic period. The pandemic disclosed the fragile supply chains present in the albumin as well as in other medical products. China and India are the two major suppliers of raw active pharmaceutical ingredients (APIs). The rapid spread of the virus in these countries halted the export of APIs to other countries.

Table of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment
 3.1 By Product
 3.2 By Application
 3.3 By End-Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Albumin Market by Product
 5.1 Albumin Market Overview Snapshot and Growth Engine
 5.2 Albumin Market Overview
 5.3 Recombinant Albumin
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Recombinant Albumin: Geographic Segmentation
Chapter 6: Albumin Market by Application
Chapter 7: Albumin Market by End-Users
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Albumin Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Albumin Market Analysis, Insights and Forecast, 2016-2028

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