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Plasma Derived Therapies Market Current Scenario with Future Aspect Analysis
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Plasma Derived Therapies Market Size, Share & Trends Analysis Report By Product Type (Immunoglobulin, Coagulation Factors, Albumin), Application Type (Haemophilia, Primary Immunodeficiency Disease, Idiopathic Thrombocytopenic Purpura), Region, Market Outlook And Industry Analysis 2034"The global Plasma Derived Therapies market is estimated to exhibit a CAGR of 7.0% during the forecast period.
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Plasma-derived therapies play a critical role in the treatment of various conditions, including immune deficiencies, bleeding disorders, and certain genetic diseases. These therapies are produced through plasma fractionation-a process that involves the separation and purification of plasma to isolate specific proteins or antibodies. The global market for plasma-derived therapeutics is poised for significant growth, driven by the increasing prevalence of chronic blood-related conditions, advancements in plasma collection and fractionation technologies, and the rising demand for safe, effective, and minimally invasive treatment options.
Key factors fueling market expansion include the growing aging population and the rising incidence of chronic illnesses worldwide. Plasma-derived products such as immunoglobulins, clotting factors, and albumin are used extensively in the treatment of conditions like immune deficiencies, hemophilia, and liver diseases. Furthermore, the high occurrence of rare and serious disorders-such as primary immunodeficiency disease, von Willebrand disease, and idiopathic thrombocytopenic purpura-has significantly accelerated innovation in plasma-based therapies.
List of Prominent Players in the Plasma Derived Therapies Market:
• CSL Behring
• Takeda Pharmaceutical Company Limited
• Biotest AG
• Octapharma
• BPL
• ADMA Biologics
• Grifols
• Kedrion
• Kamada Pharmaceuticals
• SK Plasma
• Pfizer
Market Dynamics:
Drivers-
The increasing prevalence of chronic and rare diseases has positioned plasma-derived therapies as a vital component in modern healthcare. Governments and private organizations have implemented various initiatives to improve access to advanced medical treatments, greatly benefiting patient outcomes. Many of these programs include reimbursement options facilitated by insurance providers, encouraging individuals to opt for cutting-edge therapies.
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Challenges:
The COVID-19 pandemic significantly disrupted healthcare operations worldwide, affecting workflows and causing temporary shutdowns across various sectors, including healthcare. Despite these challenges, the pandemic also created unique growth opportunities for the plasma-derived therapies market. On August 23, 2020, the U.S. Food and Drug Administration (FDA) issued an Emergency Use Authorization (EUA) for COVID-19 convalescent plasma to treat hospitalized patients.
Regional Trends:
North America is expected to hold a dominant share of the plasma-derived therapies market, with a strong revenue outlook and a high projected CAGR. This growth is primarily driven by the region's advanced healthcare infrastructure, high burden of chronic diseases, and robust investment in research and development. Technological innovations, supportive regulatory frameworks, and the presence of key market players further strengthen North America's leadership in this sector. Additionally, strategic collaborations, favorable reimbursement policies, and increasing healthcare expenditures are contributing to sustained market expansion across the region.
Recent Developments:
• In January 2022, The European Union (EU) announced an expansion of the indication for the subcutaneously administered human immunoglobulin cutaquig, according to Octapharma AG. Patients with acquired immune weaknesses would have more diverse treatment options thanks to the extension.
• In January 2022, The existing shareholders of Kedrion S.p.A., the Marucci family and FSI, and Permira formed a partnership to acquire and combine Kedrion with Bio Products Laboratory (BPL). The collaboration of the two businesses would become a dominant global force for drugs made from human plasma that are used to treat serious and uncommon illnesses.
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Segmentation of Plasma Derived Therapies Market-
By Product Type-
• Immunoglobulin
• Coagulation factors
• Albumin
• Others
By Application Type-
• Haemophilia
• Primary Immunodeficiency Disease
• Idiopathic Thrombocytopenic Purpura
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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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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