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Blood Plasma Products Market Research Report with Size, Share, Value, CAGR of 6.8%, Outlook, Analysis, Latest Updates, Data, and News 2021-2025 | CSL Behring, Shire Plc, ADMA Biologics
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The blood plasma market is set to grow at a 6.8% CAGR, driven by immunoglobulin demand and technological advances, reaching USD 28.5 billion by 2023.
The global blood plasma products market is forecasted to grow at a CAGR of 6.8% and will reach USD 28.5 Bn in 2023 from USD 20.5 Bn in 2018. The increasing demand of immunoglobulin for the treatment of immunodeficiency drives market growth.
Blood Plasma Products Market Overview:
The blood plasma products market is segmented based on product types like immunoglobulin, albumin, hyperimmune globulin, coagulation factor VIII, coagulation factor IX, and other plasma products. The market is also segmented based on end users such as hospitals, clinics, and other end users. Rise in technology at plasma collection centers to collect plasma and record patient history, and use of dried plasma that reduced cold chain requirements are the major trends in the market that may boost the market growth.
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Companies covered
Segmentation Based On Product Types
Based on product types, immunoglobulin market has the highest market share (approximately 47%) because of the growing incidence of immunological diseases coupled with the rise in the geriatric population. The market share of albumin was 15.6% in 2018 which is driven by the rise in adoption of albumin in developing countries and an increase in awareness of recombinant albumin but post-operative risks associated with albumin-based therapy may hamper the market growth. Albumin market share is followed by hyperimmune globulin, coagulation factor VIII, and coagulation factor IX in 2018.
Segmentation based on End Users
On the basis of end users, the hospital segment dominated the market with a market share of ~82% in 2018. This is due to the increase in the number of hospitals in developing countries and the rise in awareness of diseases like hemophilia. It is followed by clinics with a market share of 14.1% in 2018. The clinics market is driven by the growing number of clinics, increase in awareness among patients regarding plasma products and rise in the number of patients with blood and immunological disorders. Other end users that include research institutes, blood transfusion centers, and academic institutes was having the least market share in 2018.
Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in the study
1.3. Executive summary
Chapter 2: Introduction
2.1. Market definitions
2.2. Global market trends
2.3. Global drivers
2.4. Global challenges
2.5. Revenue based on product types – 2018 (USD Bn)
2.6. Revenue based on end users – 2018 (USD Bn)
2.7. Value chain of blood plasma products market
Chapter 3: Global Blood Plasma Products Market Overview
3.1. Market overview
3.1.a. Global historical market revenue – (2015-2017) (USD Bn)
3.1.b. Global forecast market revenue – (2018-2023) (USD Bn)
3.1.c. Geography-wise market revenue – (2018, 2023) (USD Bn)
Chapter 4: Global Blood Plasma Products Market – Based on Product Types
4.1. Global Immunoglobulin market
4.1.a. Market Overview
4.1.b. Regional Revenue Contribution
4.2. Global Albumin market
4.2.a. Market Overview
4.2.b. Regional Revenue Contribution
4.3. Global Hyperimmune Globulin market
4.3.a. Market Overview
4.3.b. Regional Revenue Contribution
4.4. Global Coagulation Factor VIII market
4.4.a. Market Overview
4.4.b. Regional Revenue Contribution
4.5. Global Coagulation Factor IX market
4.5.a. Market Overview
4.5.b. Regional Revenue Contribution
4.6. Global Other Plasma Products market
4.5.a. Market Overview
4.5.b. Regional Revenue Contribution
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Chapter 5: Global Blood Plasma Products Market – Based on End Users
5.1. Global Hospitals market
4.1.a. Market Overview
4.1.b. Regional Revenue Contribution
5.2. Global Clinics market
4.2.a. Market Overview
4.2.b. Regional Revenue Contribution
5.3. Global Other End Users market
4.3.a. Market Overview
4.3.b. Regional Revenue Contribution
Chapter 6: Global Blood Plasma Products Market – Based on Regions
6.1. North America market
6.1.a. Market Overview by Product Types
6.1.b. Market Overview by End Users
6.2. Europe market
6.2.a. Market Overview by Product Types
6.2.b. Market Overview by End Users
6.3. Asia-Pacific market
6.3.a. Market Overview by Product Types
6.3.b. Market Overview by End Users
6.4. Latin America market
6.4.a. Market Overview by Product Types
6.4.b. Market Overview by End Users
6.5. The Middle-East and Africa market
6.5.a. Market Overview by Product Types
6.5.b. Market Overview by End Users
Regional insights
North America is leading the blood plasma products market and occupied approximately 44.2% of the market in 2018. This is due to the rising incidence of haemophilia, and rapid approval by the FDA for the plasma products. Europe is likely to expand over the forecast period of 2018-2023, by exhibiting a CAGR of 6.6%. This is due to easy access to high-quality plasma through the contributions of qualified donors. Europe is followed by the Asia pacific with a market share of 19.3% in 2018.
India and China are the major contributors of plasma products market in the Asia-Pacific region due to a large number of immunodeficient patients to get treated in hospitals and clinics. The Latin America and the Middle-East and Africa markets though, still at nascent stages, will also experience high growth because of the growing prevalence of blood disorders.
Global Blood Plasma Products Markets: Regional Analysis
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The article discusses the growth and trends in the blood plasma products market from 2021 to 2025.
The increasing demand for immunoglobulin and advancements in plasma collection technology drive growth.
The market is expected to grow at a CAGR of 6.8%, reaching USD 28.5 billion by 2023.
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