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Plasma Protein Therapeutics Market Update 2023: Anticipated to Attain USD 44.3 Billion Revenue by 2031, Report
The global plasma protein therapeutics market size was valued at $26.5 billion in 2021, and is projected to reach $44.3 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031.The plasma protein therapeutics market is expected to grow as a result of factors including an increase in R&D activities related to plasma protein therapeutics and support for such research in various countries.
These medications particularly replace proteins, enabling patients to live healthier and more productive lives. The plasma protein treatments majorly treat diseases and conditions such as chronic diseases. For instance, in October 2019, ADMA Biologics, Inc. a commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and the prevention of certain infectious diseases, announced the first commercial sales of ASCENIV (formerly known as RI-002). ASCENIV received approval from the U.S. Food and Drug Administration ("FDA") on April, 2019. ASCENIV is used for the treatment of primary humoral immunodeficiency (PI) in adults and adolescents.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐๐ซ๐- https://www.alliedmarketresearch.com/request-sample/13057
Recent Product Launch In the Plasma Protein Therapeutics Market
โข In May 2020, Bio Products Laboratory (BPL) announced that the US launch of ALBUMINEX 5% (human albumin) solution for injection and ALBUMINEX 25% (human albumin) solution for injection., .
โข In September 2021, Grifols announced that TAVLESSE (fostamatinib), used to treat chronic immune thrombocytopenia (ITP) in adult patients refractory to other treatments, is available in France, Italy and Spain and reimbursable from their respective health systems.
Recent Product Development In the Plasma Protein Therapeutics Market
โข In December 2022, Biotest AG announced that, the first of 20 patients has been enrolled in a clinical phase II pilot study for the treatment of chronic hepatitis B with hyperimmunoglobulins at the Hanover Medical School.
โข In June 2022, Biotest AG announced that the planned interim analysis of the phase III AdFIrst (Adjusted Fibrinogen Replacement Strategy) trial with Fibrinogen in patients with acquired fibrinogen deficiency was successful.
โข In May 2020, Biotest AG announced the completion of the clinical trial 984. In the phase I/III study, patients with congenital fibrinogen deficiency were treated with the fibrinogen concentrate (BT524) developed by Biotest in the case of acute bleeding or as prophylactic treatment before surgery.
โข In July 2022, Takeda announced that ADVANCE-1, a randomized, placebo-controlled, double-blind Phase 3 clinical trial evaluating HYQVIA [Immune Globulin Infusion 10% (Human) with Recombinant Human Hyaluronidase] for the maintenance treatment of chronic inflammatory demyelinating polyradiculoneuropathy (CIDP), met its primary endpoint.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (262+ ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.alliedmarketresearch.com/plasma-protein-therapeutics-market/purchase-options
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plasma protein therapeutics market analysis from 2021 to 2031 to identify the prevailing plasma protein therapeutics industry opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the plasma protein therapeutics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global plasma protein therapeutics market trends, key players, market segments, application areas, and market growth strategies.
Key findings of the studyโฏ
By product type, the immunoglobulin segment was highest contributor to the plasma protein therapeutics industry in 2021 with highest CAGR during the forecast period.
By application, the hemophilia segment dominated the plasma protein therapeutics industry in 2021. However, primary immunodeficiency is anticipated to grow at highest CAGR during the forecast period.
On the basis of end user, the hospital segment was dominated the market in 2021. However, others segment is anticipated to grow at the highest CAGR of 5.6 % during the forecast period.
Region wise, North America generated the largest revenue in 2021. However, Asia-Pacific is anticipated to grow at the highest CAGR of 6.0 % during the forecast period.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ- https://www.alliedmarketresearch.com/purchase-enquiry/13057
๐๐ฅ๐๐ฌ๐ฆ๐ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
ADMA Biologics Inc
Baxter Inc
Bayer AG
Bio products laboratory
Baxter International
Grifsols
Kedrion SpA
Octapharma USA Inc
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