The “Blood Plasma Market: Opportunity Analysis and Future Assessment 2022-2030” research report offers a comprehensive and an in-depth evaluation of the progressive market trends, growth areas, opportunities, drivers, and restraints, which would allow clients and stakeholders to line up their market strategies as stated in present & future market dynamics. A strategic assessment of the market growth trajectory in the forecast period, whilst taking into account the Covid-19 impact on the industry, is also included in the research study, with certain information established by research experts.
The global blood plasma market in 2022 is estimated for more than US$ 21.1 Bn and expected to reach at a value of US$ 35.4 Bn by 2030 with a significant CAGR of 6.7%.
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Blood Plasma Introduction
The liquid portion of the blood is basically known as plasma that regulates the body temperature and blood pressure. The major purpose of the plasma is that it acts as a model for the transfer of proteins, nutrients, and hormones to the other body parts. The plasma consists of more than a hundred crucial proteins such as clotting factor, immunoglobulin, fibrinogen, and protease inhibitors.
Plasma is considered as a substance and protein and is utilized as a major component in clinical products to substitute the body fluids, antibodies, and clotting factors. The procedure of medical care for autoimmune disorders and hemophilia includes plasma as an essential element.
The soaring prevalence of several chronic and life-threatening diseases among the population is majorly driving the growth of the global blood plasma market across the globe.
Blood Plasma Market Dynamics
A huge upsurge in the count of patients suffering from hemophilia across the world is one of the major drivers that is estimated to propel the growth of the blood plasma market as there is increased use of plasma for the treatment of hemophilia.
By the same token, the sluggish lifestyle of the population comprising unhealthy diets and no physical activity coupled with the growing geriatric population is also adding to the rising life-threatening ailments across the world, further boosting the demand for blood plasma in the market.
Therefore, the global blood plasma market is projected to witness rapid growth in the forthcoming years. Along with that, an advance in the knowledge and awareness among the population with respect to blood plasma derivatives and donation of blood and plasma donation is also expected to give a breakthrough to the growth of the blood plasma market during the forecast timeframe.
In addition to that, the evolution in the healthcare industry and surging technological advancements in the diagnostics and treatment provided to patients has resulted in the development of plasma-derived therapeutic protein drugs, thereby augmenting the demand of blood plasma in the market.
Hence, the blood plasma market is expected to grow substantially in the coming years. However, the inadequate understanding and awareness about blood plasma in a few emerging regions along with its high cost may hold back the growth of the blood plasma market in the near future.
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Blood Plasma Market Segmentation
The blood plasma market is segmented on the basis of blood plasma types, applications, end-user, and regions.
On Basis of Blood Plasma Types
- Immunoglobulin
o Intravenous Immunoglobulin
o Subcutaneous Immunoglobulin
o Other Immunoglobulin Type
- Albumin
- Hyperimmune
- Coagulation Factor Concentrates
- Other Plasma Fractionation Products
By End Users
- Hospitals
- Clinics
- Research laboratories
- Academic institutions
By Application
- Immunology
- Oncology
- Pulmonology
- Rheumatology
- Transplantation
- Neurology
- Haematology
- Other Applications
Blood Plasma Market Key Players
Some of the key participating players in blood plasma market are Adma Biologics Inc., Baxter International Inc., Cerus Corp., Octopharma Ag, and others
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