Published: May, 2018

The global plasma protein therapeutics market has been envisaged in a report by Transparency Market Research (TMR) to witness the dominance of a few leading players securing a handsome share in the recent years. Octapharma, Baxalta, Grifols, and CSL Behring had achieved a maximum amount of share in the recent past, amongst which CSL Behring showcased its dominance in the market. The company provides a broad scope of products pertaining to applications in coagulation, wound healing, immunology, and critical care. With that mentioned, Grifols had held a commanding share on the part of intravenous immunoglobulin (IVIG) and alpha-1 antitrypsin markets.

Between 2017 and 2024, the global plasma protein therapeutics market has been foreseen by TMR to rise at a 6.3.0% CAGR to expand to a US$31.8 bn valuation by the completion of the final forecast year. On the basis of segmentation by application, the market could testify the lead secured by primary immunodeficiency disorder (PID). By region, North America has been prognosticated to take the driver’s seat of the market with an anticipated valuation of US$13.8 bn to be attained by 2024.

global-plasma-protein-therapeutics-market.jpg

Increasing Usage of Immunoglobulins in Treatment of PID Spurs Sales

The sales of plasma protein therapeutics have been foretold to gain momentum from the swelling usage of immunoglobulins in the treatment of primary immunodeficiency disorders (PID). The world plasma protein therapeutics market could create ample of prospects in the coming years on the back of the increasing application of human albumins in the treatment of burns, shocks, and blood loss. Furthermore, plasma protein therapeutics could be used as a drug formulation agent. There could be more opportunities rising with improved access to medicines in emerging economies and the emergence of innovative plasma-derived therapies.

Other factors that could enhance growth in the world plasma protein therapeutics market are the advent of novel solutions for efficient and safe plasma collection and rising development of new indications. Increasing production of plasma-based drugs has raised the demand for immunoglobulins in the recent time. This too could amplify the rise of the global market.

Implementation of Stringent Regulatory Policies Fetters Growth

The international plasma protein therapeutics market has been envisioned to face a downside in its growth as a result of issues related to medical reimbursements and the implementation of tight regulatory policies. Additionally, there could be a possibility of bottlenecks being created due to the current complexity in biologics manufacturing. Nonetheless, there could be opportunities birthing on the back of increasing healthcare expenditure in developing countries of the world.

North America has been prophesied to witness a rise in the demand for IVIG owing to the increasing number of geriatrics in the region. New indications and researches now require the application of IVIG, which could bode well for the international plasma protein therapeutics market. Drastic increase in the amount of plasma processed and collected in Europe has been expected to be another factor augmenting the demand in the global market.

The information presented in this review is based on a TMR report, titled “Plasma Protein Therapeutics Market (Product - Coagulation Factors, Immunoglobulins, Albumins, C1-esterase Inhibitors, and Alpha-1 Proteinase Inhibitors and Hyperimmune Globulins; Application - Hemophilia, Primary Immunodeficiency Disorder, Idiopathic Thrombocytopenic Purpura, Secondary Immunodeficiency (CLL, Multiple Myeloma, and Congenital AIDS), and Hereditary Angioedema, Kawasaki Disease, GBS, and CIDP) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2024.”

The global plasma protein therapeutics market has been segmented as follows;

Global Plasma Protein Therapeutics Market by Product

  • Coagulation Factors
  • Immunoglobulins
  • Albumins
  • C1-esterase Inhibitors
  • Alpha-1 Proteinase Inhibitors and Hyperimmune Globulins

Global Plasma Protein Therapeutics Market by Application

  • Hemophilia
  • Primary Immunodeficiency Disorder
  • Idiopathic Thrombocytopenic Purpura
  • Secondary Immunodeficiency
    • CLL
    • Multiple Myeloma
    • Congenital AIDS
  • Hereditary Angioedema, Kawasaki Disease, GBS, and CIDP

Global Plasma Protein Therapeutics Market by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • Australia
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com