Plasma Fractionation Market Trends, Share, Business Challenges, Competition and Future Opportunities: SPER Market Research
According to SPER market research, ‘Plasma Fractionation Market Growth, Size, Trends Analysis - By Product, By Method, By Application, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Plasma Fractionation Market is predicted to reach 82.93 billion by 2034 with a CAGR of 8.73%
Plasma fractionation is a manufacturing technique that separates plasma proteins for use in various therapies. Human plasma fractionation provides the foundation for producing a number of life-saving protein medicines, including coagulation factors, albumin, immunoglobulins, protease inhibitors, and more.
These plasma-derived pharmaceutical preparations are commonly used in clinical settings to replace intravenous protein therapy in the treatment of immunological, hemostatic, metabolic, and other life-threatening illnesses.
According to SPER market research, ‘Plasma Fractionation Market Growth, Size, Trends Analysis - By Product, By Method, By Application, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Plasma Fractionation Market is predicted to reach 82.93 billion by 2034 with a CAGR of 8.73%.
Drivers:
Increased prevalence of chronic diseases, especially among the senior population, is one of the key drivers propelling the market's rise. problems like immunoglobulins and coagulation factors, which are frequently treated with plasma-derived therapies, are more common in older persons. These problems include immunological deficiencies, respiratory disorders, and bleeding disorders. Particularly in areas like Europe, North America, and parts of Asia where people are aging quickly, the need for plasma treatments is predicted to increase as the world's population continues to age.
Restraints:
The emergence of recombinant therapies as an alternative to plasma-derived medicines restrains market growth. The recombinant product performance of plasma-derived products is achieved by producing similar proteins in genetically modified cells. It is safer than plasma-derived products because it prevents the transfer of bloodborne diseases. The development of recombinant therapeutics as an alternative to plasma-derived medicines has slowed growth. In recent years, numerous plasma-driven treatments have developed multiple recombinant choices. Plasma-derived compounds are more immunogenic than recombinant products used to prevent diseases. In addition to these, the development series includes a large number of other longer-acting replacement factors.
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North America dominated the global plasma fractionation market in 2024, capturing a large share due to greater awareness and benefits of plasma among its citizens, along with a rise in respiratory disorders. Key factors include significant players, more plasma collection facilities, increased immunoglobulin consumption, and efficient plasma supply and distribution. Some significant market players are Grifols S.A, CSL Limited, Takeda Pharmaceutical Company Limited, Octapharma AG, Kedrion S.p.A, and others.
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