Exploring Dynamics in the Convalescent Plasma Therapy Market - Bio Farma, Hilton Pharma Ltd., Biotest AG, BPL Ltd., LFB SA

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The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Convalescent Plasma Therapy Global Market Report 2023 identifies the increase in the number of hospitals is expected to boost the growth of the convalescent plasma therapy market going forward. A hospital is a specialized medical facility designed to provide a wide range of healthcare services, including diagnosis, treatment, and care for patients with various medical conditions and illnesses. Increased hospital numbers often correlate with improved healthcare infrastructure. This, in turn, translates to better facilities for collecting, processing and administering convalescent plasma, thereby raising the quality of care.

The convalescent plasma therapy market size has grown rapidly in recent years. It will grow from $0.05 billion in 2023 to $0.05 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to pandemics and infectious disease outbreaks, immunotherapy research, emergency use authorization (eua), patient availability, clinician and public awareness. The convalescent plasma therapy market size is expected to see rapid growth in the next few years. It will grow to $0.08 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%.

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Major competitors in the convalescent plasma therapy market include Bio Farma, Hilton Pharma Ltd., Biotest AG, BPL Ltd., LFB SA, Octapharma AG, CSL Behring LLC, Takeda Pharmaceutical Company Ltd., Orthosera Kft., ADMA Biologics Inc., GC Biopharma Corp, Grifols S.A, Sanquin Plasma Products B.V., America's Blood Centers.

A key trend in the convalescent plasma therapy market includes antibody-based therapies uplift the market. The development of antibody-based immunotherapy as a potential therapeutic intervention for COVID-19 shows opportunities for the convalescent plasma therapy market. Convalescent plasma therapy utilizes the antibodies produced against COVID-19 by the donor to improve the immunity of the recipient. Companies are initiating trials, collaborating and investing for antibody-based COVID-19 therapy.

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The convalescent plasma therapy market covered in this report is segmented -

1) By Antibody type: IgM, IgG, IgA

2) By Application: Prophylaxis, Treatment

3) By End-Users: Hospitals & Clinics, Laboratories & Research institutes

4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the convalescent plasma therapy market.

The Business Research Company's "Global Convalescent Plasma Therapy Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Convalescent Plasma Therapy Market Include:
1. Executive Summary
2. Convalescent Plasma Therapy Market Characteristic
3. Convalescent Plasma Therapy Market Trends And Strategies
4. Convalescent Plasma Therapy Market - Macro Economic Scenario
5. Convalescent Plasma Therapy Market Size And Growth
……………
27. Convalescent Plasma Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Convalescent Plasma Therapy Market
29. Convalescent Plasma Therapy Market Future Outlook And Potential Analysis
30. Appendix

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