PUBLISHER: Acute Market Reports | PRODUCT CODE: 1251918
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1251918
Plasma Protein Therapeutics Market Is Projected to Expand At A CAGR Of 6.5% Between 2023 And 2031. A variety of life-threatening & chronic disorders such as hematological diseases, immune deficiencies, genetic diseases, and neurological disorders among others are treated with plasma proteins. The different clinical responses of plasma proteins are due to their unique biochemical profile, and variances in production & processing technologies. Recent developments observed in the plasma protein therapeutics industry are satisfactory and groundbreaking, especially recently approved recombinant protein therapeutics which cater to several clinical indications such as autoimmune diseases, cancers, infectious diseases, and genetic disorders. These developments in plasma protein therapeutics technologies have allowed industry players to use the maximum potential of proteins in therapeutics by equivalently maintaining product safety and efficacy. The key factors driving this market are vast applications of immunoglobulins and albumin, catering to a wide range of diseases, rising investment in research and development of novel plasma protein-based drugs, and increasing off-label use of immunoglobulins.
The global regulatory framework is evolving daily with the incessant development of novel technologies in the biopharmaceutical industry. In the case of plasma protein therapeutics improved versions of current therapies are being introduced that are mainly attained through enhanced drug targeting and enhancement in functionality and potency. Thus, the plasma protein therapeutics market is expected to experience tremendous growth shortly.
North America was observed as the largest plasma protein therapeutics market due rising prevalence of chronic diseases, high acceptance & accessibility towards novel drug therapy, and mounting investments in R&D of plasma proteins therapeutics. Asia Pacific was observed as the fastest-growing plasma protein therapeutics market due to rising demand for novel therapeutics, developing healthcare infrastructure, and rising prevalence of cancer and autoimmune diseases.
New plasma-derived therapies entering the market are on the rise which is the major factor assisting the overall market growth. On the other hand, major market restraints include stringent regulatory policies, evolving reimbursement policies for developing the plasma protein therapeutics industry, and intricacy in manufacturing.
Key players identified for the plasma protein therapeutics market include:
Baxter International, Biotests, CSL Behring, GRIFOLS, S.A, Kedrion, Octapharma USA, Inc., Shire Plc., China Biologics, and Others.
Historical & Forecast Period
This study report represents an analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends, and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. A key data point that enables the estimation of Plasma Protein Therapeutics market is as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price, and value.
Geographical revenues generated by countries considered in the report
Micro and macro environment factors that are currently influencing the Plasma Protein Therapeutics market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
Immunoglobulins
Albumin
Coagulation Factors
Alpha-1 Proteinase Inhibitor
Others (C1-esterase Inhibitors & Hyperimmune Globulins)
Pipeline Analysis
Phase III Drugs Analysis, Forecast till 2026
Phase II & Phase I (Tabular Representation)
Application
Hemophilia
Primary Immunodeficiency Disorder
Idiopathic Thrombocytopenic Purpura
Secondary Immunodeficiency
Others (Kawasaki Disease, Hereditary Angioedema, GBS, and CIDP)
Region Segment (2021-2031; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Plasma Protein Therapeutics market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2031.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Plasma Protein Therapeutics market?
Which is the largest regional market for Plasma Protein Therapeutics market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Plasma Protein Therapeutics market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Plasma Protein Therapeutics market worldwide?