Press release
Plasma Proteins Market Grows at 8.4% CAGR as Demand Rises for Immunoglobulin and Coagulation Factor Therapies
Plasma Proteins Market
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According to the latest research by InsightAce Analytic, the global Plasma Proteins market is valued at 31.78 Billion in 2024. It is expected to reach 70.65 Billion by the year 2034, with a CAGR of 8.4% during a forecast period of 2025-2034.
Plasma, the clear, straw-colored component of blood, remains after the removal of red and white blood cells, platelets, and other cellular elements. It comprises various proteins, including simple proteins, glycoproteins, and conjugated proteins such as lipoproteins. Plasma protein therapies, which are classified as biological drugs, are administered through infusion or injection to treat a range of serious, chronic, and genetic conditions by supplementing deficient or missing plasma proteins. These proteins are critical for processes such as blood coagulation and play a fundamental role in supporting the immune system.
The global plasma protein market is experiencing steady growth, primarily driven by the increasing utilization of plasma-derived therapeutics and the introduction of innovative plasma-based treatment options. Contributing to this upward trend are the rising prevalence of neurological and immunological disorders, along with infectious diseases such as hepatitis A and B, tetanus, rabies, and varicella. However, market expansion is tempered by stringent regulatory requirements, reimbursement limitations, and the inherent complexities of biologics manufacturing. Advances in protein fractionation technologies have improved the efficiency and cost-effectiveness of plasma protein extraction, thus enhancing market viability. Additionally, growing public awareness of the importance of blood donation, coupled with supportive government initiatives, is anticipated to further stimulate market growth in the coming years.
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North America is expected to be a key contributor to the plasma proteins market. The region's growth is primarily driven by the presence of a large patient population, an expanding elderly demographic, and a well-established infrastructure for the collection and storage of high-quality source plasma. Furthermore, the Asia Pacific plasma proteins market is projected to experience significant growth over the forecast period. Key factors driving this growth include a well-developed healthcare infrastructure, increased focus by market participants on research and development for plasma protein therapies, the introduction of new products, and the rising incidence of autoimmune diseases in the region.
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
Read Overview Report- https://www.insightaceanalytic.com/report/global-plasma-proteins-market/1098
About Us:
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 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.
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InsightAce Analytic Pvt. Ltd.
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