Recombinant Plasma Protein Therapeutics Market is Anticipated to Expand at a CAGR of 6.2% During 2024-2031 | Amgen Inc., Sanofi, Bayer AG.

The Recombinant Plasma Protein Therapeutics Market study by DataM Intelligence provides a comprehensive analysis of the market, delivering valuable insights, detailed statistics, historical trends, and industry-backed market data. The report explores the competitive landscape, focusing on key players in the industry. It evaluates aspects such as product offerings, pricing models, financial performance, product portfolios, growth strategies, and regional expansion to offer a thorough understanding of market dynamics and future trends.

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What is the projected growth of the Global Recombinant Plasma Protein Therapeutics market?

The Global Recombinant Plasma Protein Therapeutics Market reached US$ 34,774.78 million in 2023 and is expected to reach US$ 56,267.88 million by 2031, growing at a CAGR of 6.2% during the forecast period 2024-2031.

What is Recombinant Plasma Protein Therapeutics Market?

The Recombinant Plasma Protein Therapeutics Market focuses on bioengineered plasma proteins used to treat hemophilia, immune deficiencies, and rare genetic disorders. These therapies offer enhanced safety, consistency, and reduced reliance on human plasma. Market growth is driven by advancements in biotechnology, rising demand for safer blood-derived treatments, and increasing awareness of rare disease management.

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Who are the major players in the Recombinant Plasma Protein Therapeutics market?

The prominent players in Recombinant Plasma Protein Therapeutics market research report are:

Takeda Pharmaceuticals, CSL, Pfizer Inc., Novo Nordisk A/S., Pharming Healthcare, Inc., Amgen Inc., Sanofi, Bayer AG, Octapharma USA Inc., and Janssen Global Services, LLC among others.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Key Development

On November 9, 2023, the U.S. FDA approved ADZYNMA, a therapy developed by Takeda Pharmaceutical Company Limited. ADZYNMA is a human recombinant ADAMTS13 (rADAMTS13) enzyme replacement therapy (ERT) designed for prophylactic or on-demand treatment in adult and pediatric patients with congenital thrombotic thrombocytopenic purpura (cTTP). Later, on May 30, 2024, the Committee for Medicinal Products for Human Use (CHMP) in the EU recommended granting marketing authorization for the therapy.

On February 23, 2023, the U.S. FDA approved ALTUVIIIO, a recombinant antihemophilic factor developed by Sanofi for hemophilia patients. ALTUVIIIO is administered once weekly and is designed to control bleeding episodes and aid in post-operative management, with the added benefit of significantly reducing bleeding episodes.

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Market Segments

By Type: Coagulation Factors, Anticoagulants, Immunoglobulins, Albumin, Colony Stimulating Factors, Others.

By Expression System: Mammalian Cells, Microorganisms.

By Application: Hemophilia, Anemia, Hypovolemia, Hereditary Angioedema, Others.

By Route of Administration: Subcutaneous, Intra-Muscular.

The Recombinant Plasma Protein Therapeutics industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Recombinant Plasma Protein Therapeutics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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