Hyderabad, India -- (SBWIRE) -- 03/01/2018 -- The Market research team predicts a robust rate of 7.2% by which the market is anticipated to grow its value to USD 27.46 billion by 2021. In the year 2016, the market value was asserted as USD 19.4 billion.

Plasma fractionation is used for prevention and treatment of various life-threatening diseases like infections, trauma, and medical specialty disorders. Plasma is a liquid portion of blood and it consists of red blood cells, white blood cells and platelets in it. It also consists of thousands of individual proteins and different substances like electrolytes, minerals, hormones, etc., which are necessary for the proper function of the human body. In order to maintain the blood pressure and body temperature regulation of individuals, plasma plays a crucial role. Plasma fractionation consists of separation, extraction, and purification of plasma. Plasma fractionation method is mainly used for removal of viruses and used for treating the protein deficiency condition.

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The Global Plasma Fractionation Market is mainly driven by factors like rising aging population with contaminated blood, increase in the occurrence of respiratory diseases & AATD, increasing use of immunoglobulin in therapeutic areas, growing range of haemophilic patients, raising occurrence of Alpha-1 Antitrypsin deficiency, increasing incidences of bleeding and immune disorders, and growing use of alpha-1-antitrypsin.

However, the high value of plasma product, and rigorous government rules, increasing usage of recombinant action factors, restricted compensation policies, unfavourable reactions occurred by using the product are impeding the growth of the market.

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In 2016, the market was led by North America along with the U.S holding an important share. North America is leading the market because of the presence of a high variety of registered haemophilic patients and thereby increasing use of immunoglobulins in neurological disorders. It is followed by Europe because of the increasing awareness relating to the blood disorders. Because of the larger elderly population numbers with high occurrence of blood disorders, Asia-Pacific is computable to grow at the best CAGR throughout the forecast period.

Some of the prominent firms dominating the Plasma Fractionation Market are Laboratoire Français du Fractionnement et des Biotechnologies (France), Baxalta Incorporated (U.S.), China Biologic Products, Inc. (China), CSL Ltd. (Australia), Biotest AG (Germany), Kedrion S.p.A (Italy), Sanquin (Netherland), Grifols S.A (Spain), Bio Products Laboratory (U.K.), Octapharma AG (Switzerland).

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