Plasma Protein Therapeutics Market to Grow with Increasing Targeted Diseases During the Forecast Period
Rapidly
advancing medicinal projects are driving the growth in the global plasma protein
therapeutics market in the forecast period.
According to TechSci Research report, “Global Plasma
Protein Therapeutics Market
By Product (Immunoglobulin, Albumin, Plasma Derived Clotting Factor,
Fibrinogen, Others), By Application (Hemophilia, Primary Immunodeficiency
Disorder (PID), Idiopathic Thrombocytopenic Purpura (ITP), Others), By End User
(Hospitals, Research Laboratories and Institutions, Stand-Alone Blood Banks,
Others), By Region, Competition Forecast & Opportunities, 2026”, the global plasma protein therapeutics market is anticipated to grow
with an impressive CAGR in the forecast period, 2022-2026, on the account of
increased demand of effective and efficient treatment therapeutics for the
chronic diseases. Moreover, the demand for the treatment is fulfilled by the
research and development carried out for the technologically advanced medicine,
as well as advanced administrating devices that are influencing the growth of
the market in the future five years. Government support to the research and
development institutes, along with the favorable investment policies are
driving the growth of the market in the future five years. Also, geriatric
population is more susceptible to the cardiovascular as well as neurological
diseases. Plasma protein therapeutics are widely used for the treatment of
these diseases, thus increasing geriatric population is enhancing the chances
of the market growth in the future.
Plasma protein therapeutics include biologic medicinal procedures that
are used to treat a range of rare, life threatening, chronic and genetic
diseases. These therapies are of various types like immunoglobulin therapy,
albumin therapy, plasma derived clotting factor, fibrinogen, etc. All these
therapies involve the extraction and separation of the required biomolecule
from the blood plasma that is recovered from the already infected and cured
patient. These biomolecules are efficiently responsible for the treatment of
the respective chronic, targeted, and other threatening disorders.
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The global plasma protein therapeutics market is
segmented by product, application, end user, competitional landscapes, and
regional distribution. Based on application, the market is further bifurcated
into hemophilia, primary immunodeficiency disorder (PID), idiopathic
thrombocytopenic purpura (ITP), and others. Hemophilia is an inherited genetic
disorder, that renders the human body’s ability to make blood clots and therefore
is unable to stop bleedings in case of incision wounds, or any tearing and
rupture of epidermal cells. Primary immunodeficiency disorder (PID) is
anticipated to hold the largest shares of the market in the forecast years. The
market segment is anticipated to dominate the market on the backbone of
increased expansion of clinical application for immunoglobulins, approval of
SCIGs, and high treatment costs. Primary immunodeficiency diseases include more
than 200 rare, chronic diseases that result from a defect in the immune system.
The surge in demand is due to these chronic diseases.
Companies holding major shares of the global plasma
protein therapeutics market include CSL Behring LLC, Octapharma AG, Grifols
S.A., Shire Plc, Bayer AG, Biotest AG, Kedrion S.P.A., China Biologics Products
Holdings, Inc., Takeda Pharmaceutical Company Ltd., Baxter International Ltd., Bio
Products Laboratory Ltd., ADMA Biologics, Inc., Pfizer Inc., Ferring BV, HEMA
Biologics LLC, among others.
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“North America is the
maximum potential market for the next five years with patient pool,
availability of well-developed infrastructure for storing, and maintaining
high-quality source plasma. Moreover, the healthcare industry in the region is
of excellent quality and thereby the region is leading in terms of largest
market for plasma protein therapeutics. Also, the FDA approvals, and research
and development of the technologically advanced drugs is being carried out in
the same region. Europe region is also expected to hold the significant share
of the market owing to the number of market giants available in the region.
Asia Pacific is anticipated to be of some significance owing to various
research and developments being carried out. Moreover, the economies like China
and India provide cheaper medical services thus, medical tourism might
influence the market growth in the Asia Pacific region,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Global Plasma Protein Therapeutics
Market, By Product (Immunoglobulin, Albumin, Plasma Derived Clotting Factor,
Fibrinogen, Others), By Application (Hemophilia, Primary Immunodeficiency
Disorder (PID), Idiopathic Thrombocytopenic Purpura (ITP), Others), By End User
(Hospitals, Research Laboratories and Institutions, Stand-Alone Blood Banks,
Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the
future growth potential of global plasma protein therapeutics and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global plasma protein therapeutics market.
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