Plasma-derived therapies allow individuals with chronic and life threatening diseases to lead more productive and healthy lives by replacing the missing or deficient proteins. The patients relying on these therapies require regular injections or infusions throughout their lives. Since the diseases treated by plasma therapies affect a small percentage of the population, they are often considered as rare. Most of these diseases are genetic and chronic conditions. However, over the years there is a rise in these rare diseases demanding more treatment options.
There have been initiatives to create awareness about the plasma-derived protein therapies and its importance. For instance, CSL Behring and Plasma Protein Therapeutics Association (PPTA’s) other global member companies, In 2018, the PPTA launched a video campaign and called it as “How Is Your Day?”. The objectives of the campaign were to differentiate traditional from the plasma-derived protein therapies and to highlight the value plasma-derived protein therapies provide to individuals with rare and serious conditions. These initiatives are further expected to boost the growth of the plasma-derived protein therapies market.
Higher volume of immunoglobulin usage in developed countries and strong demand for albumin in Asia pacific is expected to drive the growth of the plasma-derived protein therapies market during the forecast period. Increasing focus and growing investment in innovation is anticipated to propel the growth of the plasma-derived protein therapies market. For Instance, in March 2016, Grifols announced an investment of US$ 360 Mn to expand its capabilities in the production of plasma-derived therapies.
For more insights into the Market, Request a Sample of this Report –https://www.factmr.com/connectus/sample?flag=T&rep_id=5280
Plasma-derived Protein Therapies Market: Overview
Based on type, the immunoglobulin segment is expected to account for the largest share due to its beneficial application in treating patients with rare diseases. Additionally, Albumin is also expected to lead considerable growth in this segment owing to its demand in developing countries.
In the application segment, the immunological disorders are expected to hold the highest share due to growing awareness about treatment options provided by plasma-derived therapies.
Based on end user, the hospital segment is expected to have the largest share due to frequent patient visits for diagnosis and treatment of various infectious and immunological disorders.
Plasma-derived Protein Therapies Market: Regional-Wise Outlook
Geographically, the Plasma-derived protein therapies market is segmented into seven regions, i.e.; Latin America, South Asia, Oceania, East Asia, Europe, North America and Middle East & Africa.
The North America is expected to account for the largest share in the Plasma-derived protein therapies market due to rising geriatric population who are more susceptible to life threatening diseases. According to the U.S Census Bureau, there were 40.3 million U.S. residents 65 years and older in the 2010 census and more than 54 million on July 1, 2019. Other factors contributing towards the growth of the regional growth of the market in North America is large patient base and well- developed healthcare infrastructure.
Asia Pacific is expected to experience fastest growth in the plasma-derived protein therapies market. Increasing demand for advanced treatment option and rise in per capita expenditure are predicted to drive the growth of the market in this region. Additionally, the increasing focus in the development of healthcare infrastructure in the developing countries is also anticipated to drive the growth of the plasma-derived protein therapies market in Asia Pacific during the forecast period.
Speak To Research Analyst For Detailed Insights: https://www.factmr.com/connectus/sample?flag=EB&rep_id=5280
Plasma-derived Protein Therapies Market: Key players
Some of the players identified in the Plasma-derived protein therapies market include:
- CSL Behring LLC
- Octapharma AG
- Biotest AG
- Kedrion S.P.A
- Bayer AG
- Grifols S.A.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Plasma-derived Protein Therapies Market: Segmentation
Tentatively, the global Plasma-derived protein therapies market has been segmented on the basis of type, route of administration, application and end user.
Based on type, the global Plasma-derived protein therapies market is segmented as:
- Coagulation factors
- Immunoglobulins
- Hyperimmune globulins
- Albumin
- C1-esterase inhibitor (C1-INH)
- Alpha-1 Proteinase Inhibitors
Based on route of administration, the global Plasma-derived protein therapies market is segmented as:
- Intravenous
- Subcutaneous
Based on application, the global Plasma-derived protein therapies market is segmented as:
- Immunological disorders
- Infectious disorders
- Coagulation and bleeding disorders
- Metabolic disorders
Based on end-user, the global Plasma-derived protein therapies market is segmented as:
- Hospitals
- Research institutes
- Ambulatory surgical care centers
Plasma-derived protein therapies market Report Highlights:
- Overview of Global Healthcare Market
- Evolution of the technology
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: [email protected]
Visit Our Website: https://www.factmr.com