Plasma Fractionation Market

1. Plasma Fractionation Market 2020 Key Vendors, Geographical Regions, and Industry Segmentation 2027 Plasma Fractionation Market by Product (Albumin, Immunoglobulins, Coagulation factor VIII, and Coagulation factor IX) and Sector (Public Sector and Private Sector): Global Opportunity Analysis and Industry Forecast, 2020–2027

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3. Overview The global plasma fractionation market was valued at $18,222 million in 2019, and is expected to reach $23,006 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Fractionation is a process carried out to separate certain quantity of a mixture. Furthermore, plasma is the fluid component of blood, which is fractionated to obtain different plasma derivatives such as albumin and immunoglobulins. These derived plasma products have therapeutic effects and are employed in the treatment of various blood plasma related disorders. 

4. Segments The global plasma fractionation market is segmented on the basis of product, sector, and region. By Product - by product, immunoglobulin is the largest segment in the plasma fractionation market and is also expected to exhibit the fastest growth rate during the forecast period. The growth of this segment is attributable to diversified use of immunoglobulin in various disorders such as primary and secondary immune deficiencies, autoimmune diseases, and inflammatory diseases.  BySector- by sector, the private sector acquired largest plasma fractionation market share during the forecast period. This is attributable to the fact that there are a large number of private players operating in the plasma fractionation industry, who collect and fractionate large amount of plasma into derivatives such as albumin and immunoglobulin. Thus, contribute toward plasma fractionation marker growth.

5. Geography By Region - Asia-Pacific presents lucrative opportunities for key players operating in the plasma fractionation market, owing to presence of governmental bodies that regulate and supervise plasma collection, fractionation, and sales is the major factor that boosts the market growth. In addition, surge incidences of medical conditions such as severe fever with thrombocytopenia syndrome (SFTS), hemophilia, and primary & secondary immune deficiencies also fuel the growth of the market. Furthermore, increase in geriatric population, rise in government support through Medicaid and healthcare policies, and developments in the healthcare infrastructure are other factors that drive the growth of the market.

6. Key Market Players • Some of the key players operating in the global Plasma Fractionation Market  • include: • Baxter International Inc., • Bio product laboratory, • Biotest AG, CSL Ltd., • Grifols SA, • Kedrion S.P.A (Kedrion Biopharma Inc.), • LFB S. A., • Octapharma AG, • Sanquin Blood Supply Foundation, • Takeda Pharmaceutical Company Limited.

7. In terms of value, by product, the immunoglobulin segment accounted for more than half share in the plasma fractionation market in 2019. In terms of value, by region, the Asia-Pacific is anticipated to grow with the highest CAGR of 6.6% throughout the forecast period. Asia-Pacific accounted for more than half share in the global plasma fractionation market in terms of volume for albumin & immunoglobulin in 2019.  Europe accounted for more than one fourth share of the global plasma fractionation market in terms of volume for coagulation factor VIII & coagulation factor IX, in 2019.  Key Findings of the Plasma Fractionation Market  Find out more at the Allied Market Report store https://www.alliedmarketresearch.com/plasma-fractionation-market

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