Global Plasma Protein Therapeutics Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 6.7 % during forecast period of 2019 to 2026.
Global Plasma Protein Therapeutics Market Drivers and Restrains
Plasma is clear, straw-colored fluid part of the blood which residue after red platelets, blood cells, white blood cells and other cellular components are eliminated. Various proteins are present in the human blood. A mixture of lipoproteins, simple proteins, glycoprotein’s, and other conjugated proteins are called plasma proteins. Plasma protein therapy is an inimitable biological medicine, it has a biochemical profile because of which it differs in processing and production methods and is used to treat various genetic, chronic, and rare diseases.
Growing demand of the plasma proteins derived medicines and Continuous innovation in plasma-derived therapies are the factors driving the Global Plasma Protein Therapeutics Market during forecast period. Increasing demand for plasma-derived treatments, awareness among people and growth in medical tourism in developing countries are expected to propel the global market. Stringent rules and regulation for plasma protein therapeutics and Issues related to reimbursements are hampering the global market. Additionally, present complexity in biologics manufacturing is also expected to create threats for the global market.
Global Plasma Protein Therapeutics Market key segmentation
Global Plasma Protein Therapeutics Market is segmented as Product and Application. Based on product, it is further divided into Coagulation and Factors, Immunoglobulin’s, Albumins, C1-esterase Inhibitors, and others. The albumin segment is expected to gain significant share over the forecast period boosted by improved diagnosis of hypoalbuminemia caused by liver cirrhosis and hepatitis B. High demand and usage in China, which is the largest market for albumin, is anticipated to further fuel the growth.
The others segment includes alpha-1 antitrypsin, hyper immune immunoglobulin’s, and fibrogammin. Alpha-1 Antitrypsin (AAT) is used as a replacement therapy to treat a rare form of hereditary emphysema. The overall segment is anticipated to exhibit lucrative growth driven by improvement in diagnosis rate and product launches.
Global Plasma Protein Therapeutics Market Regional Analysis
North America Holds the largest share of global Plasma Protein Therapeutics market in 2018. Rise in the demand for IVIG, owing to the increasing number of geriatrics in the region. Furthermore, new indications and research now require the application of IVIG. Europe held second position in the forecast period. Drastic increase in the amount of plasma processed and collected in Europe is another factor responsible for this growth rate. increased adoption of novel therapeutics, rising disease prevalence and high R&D investment serve as high growth drivers in this region.
The objective of the report is to present comprehensive analysis of Global Plasma Protein Therapeutics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Plasma Protein Therapeutics Market dynamics, structure by analyzing the market segments, and project the Global Plasma Protein Therapeutics Market size. Clear representation of competitive analysis of key players by Systemic Inflammatory Response Syndrome Treatment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Plasma Protein Therapeutics Market make the report investor’s guide.
Scope of the Global Plasma Protein Therapeutics Market
Global Plasma Protein Therapeutics Market by Product
• Coagulation Factors,
• Immunoglobulins,
• Albumins,
• C1-esterase Inhibitors, and
• others
Global Plasma Protein Therapeutics Market by Application
• Metabolic Disorders
• Immunologic Disorders
• Hematological Disorders
• Hormonal Disorders
• Genetic Disorders,
• Cancer
Global Plasma Protein Therapeutics Market by region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating on Global Plasma Protein Therapeutics Market
• Abbott Laboratories,
• Amgen Inc.,
• Baxter International Inc.,
• Eli Lilly and Company,
• F. Homann-La Roche Ltd.,
• Johnson & Johnson,
• Merck & Co., Inc.,
• Novo Nordisk A/S,
• Pzer Inc., a
• Sano
• Biogen, Inc.,
• CSL Behring, and
• Genentech, Inc.
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