The plasma protein therapeutics market size was estimated at US$ 28.13 Billion in 2023 and is predicted to grow at a CAGR of 5.10% from 2023 to 2032 to reach around US$ 44.01 Billion by the end of 2032.
Key Takeaways
- North America contributed more than 47% of revenue share in 2022.
- Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By product type, the immunoglobulin segment has held the largest market share of 35% in 2022.
- By product type, the albumin segment is anticipated to grow at a remarkable CAGR of 6.5% between 2023 and 2032.
- By application, the hemophilia segment generated over 32% of revenue share in 2022.
- By application, the primary immunodeficiency disorder segment is expected to expand at the fastest CAGR over the projected period.
- By end user, the hospitals segment generated over 70% of revenue share in 2022.
- By end user, the other segment is expected to expand at the fastest CAGR over the projected period.
The Plasma Protein Therapeutics Market is a dynamic sector within the healthcare industry that revolves around the development, production, and distribution of therapeutic products derived from plasma proteins. These therapies play a crucial role in treating a diverse range of medical conditions, including immune deficiencies, hemophilia, and neurological disorders.
Growth Factors:
The market’s growth is propelled by increasing awareness about plasma-derived therapies, advancements in biotechnology, and a rising prevalence of chronic diseases globally. Additionally, ongoing research and development efforts, coupled with favorable government initiatives, contribute to the expansion of the Plasma Protein Therapeutics Market.
Get a Sample: https://www.precedenceresearch.com/sample/3630
Plasma Protein Therapeutics Market Scope
Report Coverage | Details |
Growth Rate from 2023 to 2032 | CAGR of 5.10% |
Market Size in 2023 | USD 28.13 Billion |
Market Size by 2032 | USD 44.01 Billion |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Product Type, By Application, and By End-user |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Region Snapshot
Drivers:
The growing demand for plasma-derived therapies, technological innovations in manufacturing processes, and an aging population are significant drivers. Furthermore, an increasing number of therapeutic applications and a surge in patient awareness contribute to the sustained market growth.
Challenges:
Despite its promising outlook, the Plasma Protein Therapeutics Market faces challenges such as stringent regulatory requirements, high production costs, and ethical concerns associated with plasma collection. Market players must navigate these challenges to maintain sustainable growth.
Opportunities:
Opportunities in this market lie in expanding therapeutic applications, strategic collaborations, and investments in emerging markets. Moreover, technological advancements in plasma fractionation techniques present prospects for more efficient and cost-effective production processes, fostering market growth.
Read Also: Radar Sensors Market Size To Worth Around USD 39.37 Billion By 2032
Plasma Protein Therapeutics Market Players
- CSL Limited
- Grifols S.A.
- Takeda Pharmaceutical Company Limited
- Octapharma AG
- Biotest AG
- Kedrion S.p.A.
- Shire (acquired by Takeda)
- Bio Products Laboratory (BPL)
- Kamada Ltd.
- China Biologic Products Holdings, Inc.
- Octapharma Plasma, Inc.
- Sanquin
- LFB S.A.
- ADMA Biologics, Inc.
- Bioverativ (acquired by Sanofi)
Segments Covered in the Report
By Product Type
- Immunoglobulin
- Albumin
- Plasma derived factor VIII
- Others
By Application
- Hemophilia
- Idiopathic thrombocytopenic purpura
- Primary immunodeficiency disorder
- Others
By End-user
- Hospitals
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Plasma Protein Therapeutics Market
5.1. COVID-19 Landscape: Plasma Protein Therapeutics Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Plasma Protein Therapeutics Market, By Product Type
8.1. Plasma Protein Therapeutics Market Revenue and Volume, by Product Type, 2023-2032
8.1.1 Immunoglobulin
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Albumin
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Plasma derived factor VIII
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Plasma Protein Therapeutics Market, By Application
9.1. Plasma Protein Therapeutics Market Revenue and Volume, by Application, 2023-2032
9.1.1. Hemophilia
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Idiopathic thrombocytopenic purpura
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Primary immunodeficiency disorder
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Plasma Protein Therapeutics Market, By End-user
10.1. Plasma Protein Therapeutics Market Revenue and Volume, by End-user, 2023-2032
10.1.1. Hospitals
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Others
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Plasma Protein Therapeutics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by End-user (2020-2032)
Chapter 12. Company Profiles
12.1. CSL Limited
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Grifols S.A.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Takeda Pharmaceutical Company Limited
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Octapharma AG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Biotest AG
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Kedrion S.p.A.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Shire (acquired by Takeda)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Bio Products Laboratory (BPL)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Kamada Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. China Biologic Products Holdings, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Web: https://www.precedenceresearch.com
Blog: https://www.expresswebwire.com/
Blog: https://www.uswebwire.com/