Plasma fractionation market is registering a substantial CAGR of 7.10% in the forecast period of 2020-2026. Plasma fractionation is a method of dividing different plasma parts. It is used to protect and treat life-threatening illnesses triggered by trauma, immunological illnesses, and infections.
Key Market Competitors:
Few of the major market competitors currently working in the global plasma fractionation market are CSL Plasma, Grifols, S.A., Shire, Octapharma, Kedrion S.p.A, BPL Inc., Sanquin, Biotest AG, LFB S.A., Japan Blood Products Organization, China Biologic Products Holdings, Inc., GREEN CROSS CORP, Shanghai RAAS, Baxter, Takeda Pharmaceutical Company Limited, Bio Products Laboratory Ltd., Novasep Inc., Pall Corporation, Merck KGaA and Boccard among others.
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Plasma fractionation method is used in healthcare applications to treat protein deficiency. It is also used for industrial applications in the manufacturing of packaging material. A primary role of plasma fractionation is the removal or inactivation of viruses and prions.
Segmentation: Global Plasma Fractionation Market
- By Product (Immunoglobulins, Coagulation Factor Concentrates, Albumin, Protease Inhibitors, Other Products)
- By Application (Neurology, Immunology, Hematology, Critical Care, Pulmonology, Hemato-Oncology, Rheumatology, Other Applications)
- By End User (Hospitals & Clinics, Clinical Research Laboratories, Academic Institutes)
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Global plasma fractionation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plasma fractionation market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
- Surging incidence of respiratory diseases is driving the growth of the market
- Increasing investment in research and development is helping the market to grow
- Various government initiatives is flourishing the growth of the market
- Increasing aging population drives the growth of the market
- High cost of plasma products hinders the growth of the market
- Strict regulations of government restrict the growth of the market
- Increasing substitutes of plasma products hampers the growth of the market
Reasons to Purchase this Report
- Current and future of global plasma fractionation market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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