Plasma Fractionation Market Size: Competitive Analysis and Forecast
Plasma Fractionation Market size was valued at USD 27.1 billion in 2022 and is expected to reach USD 43.52 billion By 2030 and grow at a CAGR of 6.1% over the forecast period of 2023-2030.
The plasma fractionation market is a rapidly growing sector in the healthcare industry, driven by the increasing demand for plasma-derived products. Plasma fractionation involves the separation of plasma into its various components, such as albumin, immunoglobulins, clotting factors, and others. These components are then used to develop life-saving therapies for patients with rare and chronic diseases.
One of the key factors contributing to the growth of the plasma fractionation market is the rising prevalence of immune system disorders and bleeding disorders. Conditions like primary immunodeficiency diseases (PIDD), hemophilia, and von Willebrand disease require regular infusion of plasma-derived products to manage symptoms and improve quality of life. As a result, there is a growing need for reliable and safe sources of these products.
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Moreover, advancements in technology have significantly improved the efficiency and safety of plasma fractionation processes. The introduction of advanced filtration techniques, chromatography systems, and viral inactivation methods has enhanced product purity while minimizing the risk of transmitting infectious agents These advancements have not only increased the availability of plasma-derived products but have also provided patients with a greater sense of security and peace of mind.
KEY MARKET SEGMENTS
By Product
- Albumin
- Von Willebrand Factor
- PCC
By Application
- Neurology
- Immunology
- Hematology
- Rheumatology
By End User
- Hospitals
- Clinics
- Clinical Research
Major Players Listed in the Report are as Follows:
Bio Products Laboratory (BPL), Biotest AG, China Biologic Products Holdings, Inc., CSL Limited, Japan Blood Products Organisation, Kedrion S.p.A., LFB Group, Octapharma AG, Sanquin, Shanghai RAAS. And the final reports list additional participants.
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