Pune, India, Nov. 18, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global plasma protein therapeutics market was remunerated at USD 25.4 billion in 2020 and is anticipated to record strong growth rate over 2021-2026, eventually accumulating significant revenues by the end of study period.
The document also offers a detailed analysis of the sub-markets, including product type, application range, and geographical landscape, thus revealing the prominent avenues for investment in the upcoming years. An exclusive study of industry value chain, from the suppliers to the distributors and consumers, is entailed in the report as well.
Introduction of innovative plasma-derived therapies is majorly driving the market growth. In addition, growing incidence of genetic disorders and rising use of these therapeutics in pharmaceuticals are augmenting the market scope. Immense demand for targeted therapies over the past two decades as well as increasing trend towards early detection of diseases are positively swaying the industry dynamics.
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Notably, plasma protein therapeutics are used for treatments of several diseases like hemostasis. Rising awareness regarding utilization of various protein components that are highly effective and promote a modernized way of treatment are significantly influencing the market trends.
Furthermore, surging demand for advanced therapeutic remedies which are developed from the plasma protein due to its efficacy, along with government initiatives for advancing healthcare industry, and favorable reimbursement policies by health insurance companies are propelling the market development.
Market segmentation overview
Based on product type, global plasma protein therapeutics industry is segmented into albumin, immunoglobulin, factor viii, and others. Considering the application range, the marketplace is categorized into hemophilia, ITP, PID, and others.
Geographical outlook
The regional analysis of the marketplace covers North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The country level scrutiny includes Canada, United States, Germany, France, U.K, Spain, Japan, China, Australia, and South Korea.
Summarizing the competitive scope
Prominent players swaying the global plasma protein therapeutics industry dynamics are ADMA Biologics Inc., Kedrion Biopharma Inc., Octapharma AG, Pfizer Inc., Grifols S.A., Bayer AG, Biotest AG, Takeda Pharmaceutical Company Limited, Baxter International Inc., and CSL Behring.
These behemoths are investing in R&D activities in order to introduce product innovations and gain edge over the competitors. Also, strategies like collaboration, acquisitions, mergers, and partnerships are being undertaken by the companies to expand their customer base and amplify revenues.
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Global Plasma Protein Therapeutics Market by Product Type (Revenue, USD Million, 2016-2026)
- Albumin
- Immunoglobulin
- Factor VIII
- Others
Global Plasma Protein Therapeutics Market by Application Range (Revenue, USD Million, 2016-2026)
- Hemophilia
- ITP
- PID
- Others
Global Plasma Protein Therapeutics Market Regional Terrain (Revenue, USD Million, 2016-2026)
Asia Pacific
- China
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Rest of the World
Global Plasma Protein Therapeutics Market Competitive Dashboard (Revenue, USD Million, 2016-2026)
- ADMA Biologics Inc.
- Kedrion Biopharma Inc.
- Octapharma AG
- Pfizer Inc.
- Grifols S.A.
- Bayer AG
- Biotest AG
- Takeda Pharmaceutical Company Limited
- Baxter International Inc.
- CSL Behring
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Plasma Protein Therapeutics Market: Product Outlook
4. Global Plasma Protein Therapeutics Market: Sizing and Forecast
4.1 Global Plasma Protein Therapeutics Market Size, By Value, Year 2016-2026
5. Global Plasma Protein Therapeutics Market Segmentation - By Product, By Application
5.1 Competitive Scenario of Global Plasma Therapeutics Protein Therapeutics Market: By Product
5.1.1 Immunoglobulin - Market Size and Forecast (2016-2026)
5.1.2 Albumin - Market Size and Forecast (2016-2026)
5.1.3 Factor VIII - Market Size and Forecast (2016-2026)
5.1.4 Others - Market Size and Forecast (2016-2026)
5.2 Competitive Scenario of Global Plasma Protein Market: By Application
5.2.1 Hemophilia - Market Size and Forecast (2016-2026)
6. Global Plasma Protein Therapeutics Market: Regional Analysis
6.1 Competitive Scenario of Global Plasma Protein Therapeutics Market: By Region
7. North America Plasma Protein Therapeutics Market: An Analysis (2016-2026)
7.1 North America Plasma Protein Therapeutics Market: Size and Forecast (2016-2026), By Value
7.2 North America Plasma Protein Therapeutics Market - Prominent Companies
7.3 Market Segmentation By Product (Immunoglobulin, Albumin, Factor VIII and Others)
7.4 Market Segmentation By Application (Hemophilia, PID, ITP and Others)
7.5 North America Plasma Protein Therapeutics Market: Country Analysis
8. Europe Plasma Protein Therapeutics Market: An Analysis (2016-2026)
8.1 Europe Plasma Protein Therapeutics Market: Size and Forecast (2016-2026), By Value
8.2 Europe Plasma Protein Therapeutics Market - Prominent Companies
8.3 Market Segmentation By Product (Immunoglobulin, Albumin, Factor VIII and Others)?
8.4 Market Segmentation By Application (Hemophilia, PID, ITP and Others)?
8.5 Europe Plasma Protein Market: Country Analysis
9. Asia Pacific Plasma Protein Therapeutics Market: An Analysis (2016-2026)
9.1 Asia Pacific Plasma Protein Therapeutics Market: Size and Forecast (2016-2026), By Value
9.2 Asia Pacific Plasma Protein Therapeutics Market - Prominent Companies
9.3 Market Segmentation By Product (Immunoglobulin, Albumin, Factor VIII and Others)?
9.4 Market Segmentation By Application (Hemophilia, PID, ITP and Others)?
9.5 Asia Pacific Plasma Protein Market: Country Analysis?
10. Global Plasma Protein Therapeutics Market Dynamics
10.1 Drivers
10.2 Restraints
10.3 Trends
11. Market Attractiveness
11.1 Market Attractiveness Chart of Global Plasma Protein Therapeutics Market - By Product, 2026
11.2 Market Attractiveness Chart of Global Plasma Protein Therapeutics Market - By Application, 2026
11.3 Market Attractiveness Chart of Global Plasma Protein Therapeutics Market - By Region, 2026
12. Competitive Landscape
12.1 Major Technological Innovations, Mergers & Acquisitions and Role of Manufacturers
12.2 Product Pipeline of Leading Plasma Protein Companies
12.3 Market Share Analysis
13. Company Analysis
Related Report:
Platelet and Plasma Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
The platelet and plasma market is set to record considerable growth in coming years due to the increasing occurrence of chronic diseases across the globe. In modern day medical therapies, patients can receive either a pint of complete blood or just specific components present within the blood that are essential to treat particular conditions. This treatment approach, known as a blood component treatment, enables several patients to receive more benefit from a single pint of the donated whole blood. Regionally, the LATAM market held a market value of over $460 million in 2019, owing to the growing incidence of hemophilia, autoimmune disorder, as well as other infectious diseases.
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