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Plasma Fractionation Market Size 2024 to 2031.

04-15-2024 06:19 AM CET | Health & Medicine

Press release from: Report Prime

Market Overview and Report Coverage

Plasma fractionation is a process that separates various components of blood plasma, such as proteins, into individual products for therapeutic use. This market is driven by the increasing demand for plasma-derived medicines, technological advancements in plasma fractionation techniques, and the rising prevalence of autoimmune and respiratory diseases.
The future outlook of the plasma fractionation market is promising, with a projected growth rate of 7.60% during the forecasted period. The market is expected to continue expanding due to the growing aging population, increased awareness about plasma-derived therapies, and the rising number of patients with rare diseases. Furthermore, advancements in biotechnological processes and the development of innovative therapies are expected to drive market growth.
Currently, North America dominates the plasma fractionation market, followed by Europe and Asia-Pacific. However, emerging economies in Asia-Pacific and Latin America are expected to offer significant growth opportunities in the coming years. Overall, the plasma fractionation market is poised for substantial growth, fueled by technological advancements, increasing demand for plasma-derived therapies, and the rising prevalence of chronic diseases.

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Market Segmentation
The Plasma Fractionation Market Analysis by types is segmented into:
• Albumin
• Immune Globulin
• Coagulation Factor
• Others

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Plasma fractionation market consists of various types including albumin, immune globulin, coagulation factor, and others. Albumin is used to treat patients with low blood volume or shock, while immune globulin helps boost immunity in those with immune deficiencies. Coagulation factor is crucial for blood clotting in patients with hemophilia or other bleeding disorders. Other plasma fractions may include albumin, fibrinogen, and alpha-1 antitrypsin, among others, used for various therapeutic purposes. Each type plays a vital role in treating different medical conditions.

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The Plasma Fractionation Market Industry Research by Application is segmented into:
• Immunology
• Hematology
• Others

Plasma fractionation is used in various medical applications such as immunology, hematology, and others. In immunology, it is utilized for the isolation and purification of specific antibodies for therapeutic purposes. In hematology, plasma fractionation is essential for producing blood products like clotting factors and albumin. The "others" category encompasses a range of specialties including neurology, critical care, and rheumatology where plasma-derived products are used to treat various conditions. Overall, plasma fractionation plays a crucial role in providing essential therapies for diverse medical needs.

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In terms of Region, the Plasma Fractionation Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Plasma Fractionation market?
The global plasma fractionation market is experiencing several emerging trends, including increasing demand for plasma-derived therapies, advancements in purification techniques, growing prevalence of rare diseases, and expanding applications in various medical fields such as immunology and neurology. Additionally, there is a rising focus on personalized medicine and biopharmaceutical research, driving the development of innovative plasma fractionation products. Moreover, there is a growing emphasis on sustainable practices and the adoption of environmentally friendly processes in plasma fractionation. Overall, these trends are expected to fuel market growth and technological advancements in the coming years.

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Major Market Players
Takeda, a Japanese pharmaceutical company, is one of the prominent players in the Plasma Fractionation market. With a history dating back over two centuries, Takeda has established itself as a global leader in the healthcare industry. The company has a strong presence in the plasma fractionation market, providing a wide range of plasma-derived products for the treatment of various rare and chronic conditions. Takeda's market growth has been steady, with a focus on research and development to expand its product portfolio and reach more patients in need.
CSL, an Australian biotechnology company, is another key player in the Plasma Fractionation market. With a history stretching back to the early 20th century, CSL has a long-standing reputation for producing high-quality plasma-derived therapies. The company has seen significant market growth in recent years, driven by increasing demand for plasma fractionation products worldwide. CSL's commitment to innovation and investment in cutting-edge technologies has helped maintain its position as a leading player in the market.
Grifols, a Spanish healthcare company, is also a major player in the Plasma Fractionation market. Founded in 1940, Grifols has grown into a global leader in the production of plasma-derived medicines. The company's market size has expanded significantly over the years, with a focus on strategic acquisitions and partnerships to enhance its product offerings. Grifols' sales revenue has been on a steady rise, reflecting its strong presence in the plasma fractionation market and continued efforts to meet the growing demand for plasma-derived therapies.
Overall, these companies, along with other players in the Plasma Fractionation market, continue to drive innovation and advancements in healthcare, ensuring patients have access to life-saving treatments for various medical conditions.

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