Plasma Fractionation Market Size - Growth Trends, Statistics & Forecasts (2024 - 2031)
The "Plasma Fractionation Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Plasma Fractionation market is anticipated to grow at an annual rate of 7.60% from 2024 to 2031.
This entire report is of 134 pages.
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Plasma Fractionation Market Analysis
Plasma fractionation is a process of separating plasma into its individual components for various medical purposes. The global plasma fractionation market is driven by factors such as increasing prevalence of rare diseases, growing geriatric population, and advancements in healthcare infrastructure. Major players in the market include Takeda, CSL, Grifols, Octapharma, Kedrion, LFB Group, Biotest, BPL, RAAS, CBPO, and Hualan Bio. The market is highly competitive with these companies focusing on product innovation, strategic partnerships, and geographic expansion. The report highlights key market trends, challenges, and opportunities, providing recommendations for companies to capitalize on the growth potential in the plasma fractionation market.
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The global Plasma Fractionation market is experiencing significant growth, with key segments including Albumin, Immune Globulin, Coagulation Factor, and Others. Applications span across Immunology, Hematology, and other areas. Regulatory and legal factors play a crucial role in shaping market conditions. Stringent regulations related to safety, efficacy, and quality assurance are driving manufacturers to adhere to strict guidelines. Additionally, the market is influenced by factors such as government policies, reimbursement scenarios, and licensing requirements. Companies operating in the Plasma Fractionation market need to navigate these complex regulatory environments to ensure compliance and maintain a competitive edge. Overall, the market is poised for growth but requires careful attention to legal and regulatory factors for success.
Top Featured Companies Dominating the Global Plasma Fractionation Market
The global plasma fractionation market is highly competitive with key players such as Takeda, CSL, Grifols, Octapharma, Kedrion, LFB Group, Biotest, BPL, RAAS, CBPO, Hualan Bio, and others vying for market share. These companies are involved in the production, distribution, and marketing of plasma-derived products such as albumin, immunoglobulins, factor VIII, and other plasma proteins.
Takeda, a Japanese pharmaceutical company, is a major player in the plasma fractionation market with a strong portfolio of plasma-derived therapies. CSL, an Australian biotechnology company, is known for its expertise in plasma fractionation and has a wide range of plasma products. Grifols, a Spanish healthcare company, is a leading player in the plasma industry with a vertically integrated business model.
Octapharma, a Swiss biopharmaceutical company, specializes in the production of plasma products for rare diseases. Kedrion, an Italian biopharmaceutical company, is focused on the development of plasma-derived products for the treatment of immune deficiencies and other conditions. LFB Group, a French biopharmaceutical company, is a key player in the plasma fractionation market with a strong presence in Europe.
Biotest, a German biotechnology company, is known for its plasma protein therapies and is a significant player in the global plasma fractionation market. BPL (Bio Products Laboratory), a UK-based biotherapeutics company, is involved in the production of plasma-derived products for the treatment of hemophilia and other diseases.
These companies play a crucial role in driving the growth of the plasma fractionation market through their research and development efforts, strategic partnerships, and expansion into new markets. In terms of sales revenue, Grifols reported a revenue of $ billion in 2020, CSL generated a revenue of $9.4 billion in the same year, and Takeda reported a revenue of $30.7 billion. These figures highlight the significant market presence and financial performance of these key players in the plasma fractionation market.
Takeda
CSL
Grifols
Octapharma
Kedrion
LFB Group
Biotest
BPL
RAAS
CBPO
Hualan Bio
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Plasma Fractionation Segment Analysis
Plasma Fractionation Market, by Application:
Immunology
Hematology
Others
Plasma fractionation is used in various applications such as immunology for producing immunoglobulins used in the treatment of immunodeficiency disorders, hematology for the production of clotting factors for patients with hemophilia, and other medical applications like albumin for treating burns and shock. The fastest-growing application segment in terms of revenue is immunology, as there is increasing demand for immunoglobulins due to the rising prevalence of autoimmune diseases and infectious diseases. Plasma fractionation involves separating plasma into its various components through a series of specialized processes, resulting in the production of therapeutic proteins used in a variety of medical treatments.
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Plasma Fractionation Market, by Type:
Albumin
Immune Globulin
Coagulation Factor
Others
Plasma Fractionation involves separating different components of blood plasma for therapeutic purposes. Albumin is used to treat shock, burns, and liver diseases. Immune globulin is vital for patients with immune deficiencies. Coagulation factors are crucial for patients with bleeding disorders. Other plasma products include antithrombin, fibrinogen, and alpha-1 antitrypsin. The demand for Plasma Fractionation is increasing as it provides essential therapies for a wide range of medical conditions. The market growth is driven by rising incidences of immune disorders, increasing geriatric population, and advancements in plasma technologies leading to the development of new and improved products.
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Regional Analysis:
North America:
United States
Canada
Europe:
Germany
France
U.K.
Italy
Russia
Asia-Pacific:
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America:
Mexico
Brazil
Argentina Korea
Colombia
Middle East & Africa:
Turkey
Saudi
Arabia
UAE
Korea
The plasma fractionation market is expected to witness significant growth across regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America, particularly the United States and Canada, is projected to dominate the market due to the presence of advanced healthcare infrastructure and increasing demand for plasma-derived products. Europe, led by countries like Germany, France, and the ., is also expected to hold a substantial market share. Asia-Pacific, with flourishing economies like China, Japan, and India, is anticipated to witness rapid growth in the market. Latin America and the Middle East & Africa are also expected to contribute to the market expansion. The market share percent valuation is estimated to vary across regions, with North America and Europe expected to hold the largest market share, followed by Asia-Pacific and Latin America.
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