Global blood plasma market size was valued at USD 31.61 million in 2023 and is projected to reach USD 70.77 billion by 2031, with a CAGR of 10.60% during the forecast period of 2024 to 2031.
Blood Plasma Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Blood Plasma Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
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Which are the top companies operating in the Blood Plasma Market?
The study report on the Global Blood Plasma Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Blood Plasma Market report provides the information of the Top 10 Companies in Blood Plasma Market in the market their business strategy, financial situation etc.
**Segments**
- Based on type, the blood plasma market can be segmented into recovered plasma and source plasma. Recovered plasma is collected from whole blood donations and used for fractionation, while source plasma is collected through a process known as plasmapheresis and is used to make plasma-derived products.
- On the basis of application, the market can be categorized into immune deficiencies, hemophilia, hereditary angioedema, COVID-19, and other applications. Plasma therapies are crucial in managing these conditions by providing necessary antibodies and proteins to patients.
- Geographically, the blood plasma market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America currently dominates the market due to the presence of well-established healthcare infrastructure and increasing demand for plasma-derived products.
**Market Players**
- CSL Limited: One of the key players in the blood plasma market, CSL Limited is known for its advanced plasma collection centers and a wide range of plasma-derived therapies.
- Grifols, S.A.: Grifols is a global leader in plasma therapies and operates a vertically integrated business model, encompassing plasma collection, processing, and distribution of plasma-derived products.
- Octapharma: With a strong focus on innovation and research, Octapharma offers a diverse portfolio of plasma-derived and recombinant therapies for various medical conditions.
- Biotest AG: Biotest specializes in plasma protein products and provides immunoglobulins and coagulation factors to address the needs of patients with immune disorders and bleeding disorders.
- Kedrion Biopharma: Kedrion is known for its expertise in plasma-derived products and has a significant presence in the global blood plasma market, catering to the requirements of patients worldwide.
For more detailed insights, refer to: https://www.databridgemarketresearch.com/reports/global-blood-plasma-marketThe blood plasma market is witnessing significant growth due to the increasing prevalence of immune deficiencies, hemophilia, hereditary angioedema, and the emergence of conditions like COVID-19 that require plasma therapies for management. The segmentation of the market into recovered plasma and source plasma highlights the different collection methods and utilization of plasma in producing various plasma-derived products. Recovered plasma, obtained from whole blood donations, is crucial for fractionation processes, while source plasma collected through plasmapheresis is utilized in manufacturing specific therapies for different medical conditions.
Geographically, North America leads the blood plasma market, attributed to the well-established healthcare infrastructure and the rising demand for plasma-derived products in the region. However, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are also emerging as significant markets for blood plasma, driven by increasing awareness about plasma therapies and advancements in healthcare technologies.
The key market players like CSL Limited, Grifols, S.A., Octapharma, Biotest AG, and Kedrion Biopharma play a crucial role in driving innovation and research in plasma-derived therapies. These companies are focused on expanding their product portfolios, enhancing their plasma collection capabilities, and catering to a diverse range of medical conditions that require plasma-based interventions. The competitive landscape of the blood plasma market is characterized by strategic partnerships, acquisitions, and investments in research and development to bring novel therapies to market.
The growing demand for plasma-derived products, coupled with advancements in plasma collection and processing technologies, is expected to fuel the expansion of the blood plasma market in the coming years. Emerging applications of plasma therapies in areas such as neurology, oncology, and regenerative medicine are also likely to drive market growth further. As healthcare systems worldwide recognize the therapeutic potential of plasma-derived products, the market is poised for continued growth and innovation to address unmet medical needs across various patient populations.**Market Players**
Allergan (Ireland)
AbbVie Inc. (US)
GALDERMA (Switzerland)
Evolus, Inc. (US)
Revance (US)
HUGEL, Inc. (South Korea)
Ipsen Pharma (France)
USWM, LLC. (US)
Sun Pharmaceutical Industries Ltd. (India)
copyright Inc. (US)
GlaxoSmithKline plc (UK)
Merz Pharma (Germany)
Medytox (South Korea)
Smith+Nephew (US)
Sanofi (France)
Novartis AG (Switzerland)
Teva Pharmaceutical Industries Ltd. (Israel)
LGM Pharma. (US)
Lannett (US)
NorthStar Rx LLC (US)
Par Pharmaceutical (US)
Among others
The blood plasma market is experiencing notable growth driven by the rising prevalence of immune deficiencies, hemophilia, hereditary angioedema, and conditions like COVID-19. These factors are fueling the demand for plasma therapies required for the management of various medical conditions. The segmentation of the market into recovered plasma and source plasma underlines the distinct collection methods and utilization of plasma in producing a range of plasma-derived products, essential for treating different ailments. Recovered plasma, gathered from whole blood donations, plays a vital role in fractionation processes, while source plasma obtained through plasmapheresis is instrumental in manufacturing specific therapies tailored to address various health issues.
North America currently dominates the blood
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Regional Analysis For Blood Plasma Market
North America (the United States, copyright, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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This report provides Global Blood Plasma Market :
- An in-depth overview of the global market for
- Blood Plasma Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Global Blood Plasma Market
- Discussion of R&D, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Blood Plasma Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
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