Press release
Plasma Proteins Market Survey Detailed Analysis and Forecast 2024-2031
According to the latest research by InsightAce Analytic, the global Plasma Proteins market is valued at US$ 26.0 Billion in 2021. It is expected to reach US$ 53.24 Billion by 2030, with a CAGR of 8.56% during a forecast period of 2022-2030.
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A component of blood known as plasma is a transparent, straw-colored fluid that remains after the destruction of red platelets, white blood cells, blood cells, and other biological components. Various proteins can be found in human blood. Plasma proteins are a collection of simple proteins, glycoproteins, and conjugated proteins, including lipoproteins. Plasma protein treatments are employed to treat the well-specified medical problem by substituting the deficient or missing proteins in plasma. Biological drugs infused or injected into the body to treat life-threatening, chronic and hereditary disorders are classified as plasma protein therapies. This plasma protein aids in the blood coagulation process and also offers immunity from sickness.
The primary drivers driving the global plasma protein market are the rising use of plasma protein-derived pharmaceuticals and the introduction of innovative plasma-derived therapeutics. Numerous other variables, such as the increased incidence of neurological or immunological disorders that might be fatal, as well as infectious diseases like varicella, rabies, tetanus, and hepatitis A&B, also influence the market. On the other hand, there are a few market barriers, including strict government regulations, problems with reimbursement, and the difficulty of manufacturing biologics, which may restrict the market's expansion. The technique of fractionating the protein from plasma has grown more functional and cost-effective thanks to technical improvements, which are also expected to increase the demand for plasma protein globally. The market for plasma proteins is anticipated to expand significantly over the next several years due to rising public knowledge of blood donations and government initiatives.
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North America is anticipated to contribute to the Plasma Proteins market. Some of the leading regional drivers include the presence of a sizable patient base, an increasing geriatric population, and the availability of a well-developed infrastructure for storing and keeping high-quality source plasma. In addition, the Asia Pacific Plasma Proteins market is expected to register significant growth. The market's main growth drivers are the established healthcare infrastructure-focused market participants on R&D for plasma protein therapies, recent product releases, and the rising prevalence of autoimmune illnesses.
Major market players operating in the Plasma Proteins market include
Novartis, Pfizer, Merck Serono, Biogen Idec, TEVA, UCB, Boehringer Ingelheim, Sanofi, GlaxoSmithKline and Other Key Players
Recent collaborations and agreements in the market:
• In March 2022, Rika Plasma Donation System (Rika), a new plasma collection system created by medical technology company Terumo Blood and Cell Technologies (Terumo BCT), received FDA approval. Rika is a cutting-edge automated system focusing on the experience of donors and staff in plasma centers.
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Market Segments
Global Plasma Proteins Market, by Product Type, 2022-2030 (Value US$ Mn)
• Coagulation factors
• Immunoglobulin
• Alpha-1 proteinase inhibitor
• Albumin
Global Plasma Proteins Market, by Application, 2022-2030 (Value US$ Mn)
• Hemophilia
• Idiopathic Thrombocytopenic Purpura
• Secondary Immunodeficiency
• Hereditary Angioedema
• Primary Immunodeficiency Disorder
Global Plasma Proteins Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Plasma Proteins Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Plasma Proteins Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Plasma Proteins Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Plasma Proteins Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Plasma Proteins Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Plasma Proteins market
To receive an industry overview and future trends of the Plasma Proteins market
To analyze the Plasma Proteins market drivers and challenges
To get information on the Plasma Proteins market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Plasma Proteins market industry
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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