Press release
Albumin Market to Reach USD 7.68 Bn by 2029, emerging at a CAGR of 5.21 percent and forecast 2023-2029
Albumin Market
The report employs a robust research methodology to analyze market trends, incorporating data analysis and industry expertise to present a clear and concise overview.
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What are Albumin Market Dynamics:
One of the primary factors driving the market's growth is the rising popularity of chronic medical conditions around the world. Albumin is commonly used to treat hypovolemia, ARDS, nephrosis, renal dialysis, liver failure, cardiac diseases, and hypoalbuminemia. Furthermore, the growing geriatric population, which is more sensitive to such disorders, is propelling market growth. In accordance with this, the emergence of the coronavirus (covid-19) pandemic has increased the use of albumin in the creation of pharmaceuticals and stable vaccine compositions.
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Albumin Market Regional Insights:
This growth is attributed to increased investments in life sciences by biopharmaceutical companies and research institutes, as well as rising demand in emerging economies like India and China.
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What is Albumin Market Segmentation:
by Product Type
Human Serum Albumin
Recombinant Albumin
Bovine Serum Albumin
by Application
Drug Formulation
Drug Delivery
Vaccines
Medical Device Coating
Culture Medium & Stabilizer
Diagnostics
In Vitro Fertilization
by End-User
Pharmaceutical & Biotechnology Industry
Research Institutes
Who are Albumin Market Key Players:
1. Albumedix A/S
2. Albumin Therapeutics, LLC
3. Biotest AG
4. CSL Behring LLC
5. Grifols International, S.A.
6. HiMedia Laboratories Pvt. Ltd.
7. InVitria
8. Medxbio Pte Ltd.
9. Octapharma AG
10. RayBiotech, Inc.
11. SeraCare Life Sciences
12. Sigma-Aldrich Co.
13. Akron Biotech
14. Baxter International Inc.
15. Celgene Corporation,
16. Grifols SA
17. Merck KGaA
18. China Biologic Products Inc.
19. Shire Plc
20. Ventria Bioscience
21. Thermo Fisher Scientific
22. Novozymes A/S.
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Table of content for the Albumin Market includes:
Global Albumin Market: Research Methodology
Global Albumin Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Albumin Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Exploring the Growing Demand for Albumin in the Global Albumin Market
Introduction:
Albumin is a protein that is primarily produced by the liver and is found in human blood plasma. It plays a crucial role in maintaining the osmotic pressure of blood and transporting various substances such as hormones, fatty acids, and drugs. Albumin is widely used in various medical applications such as blood volume expansion, treatment of burns, liver diseases, and hypovolemic shock. With the growing prevalence of chronic diseases such…
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