Global Plasma Fractionation Market Projected to Reach US $33,763.10 Mn by 2026
The global plasma fractionation market was valued at US$ 18,420.00 Mn in 2017 and is anticipated to reach US$ 33,763.10 Mn by 2026.
Albany, NY -- (SBWire) -- 11/19/2018 --Significant advancement in protein therapeutics development targeted for critical medical conditions such as congenital deficiencies, immunological disorders, and infections leverages growth in plasma fractionation market. Substantial advancement in technological breakthroughs and manufacturing techniques to arrest contamination and improve safety and efficacy of drug dosage are accounted as major growth drivers in plasma fractionation market.
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A new market intelligence report titled, 'Plasma Fractionation Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026' included in the fast expanding repository of Market Research Reports Search Engine is a comprehensive overview of various market factors and trends that drive growth in plasma fractionation market.
Leading Vendors Invest on Apt Safety Measures to Arrest Incidences of Blood Borne Maladies
Advancement towards improved purity and isolation of unique, novel plasma proteins remain primary focal points amongst leading market participants in plasma fractionation market, besides leading institutes are keen on accentuating novel discovery in protein therapeutics such as plasmin, iga, and ceruloplasmin.
Key market players and stakeholders are akin on investing thoroughly towards development of apt safety measures to reduce incidences of blood- borne maladies triggered by plasma fractionation. Several leading pharmaceutical organizations are encouraged to invest significantly towards better equipped laboratories and facilities to accentuate plasma based therapies. Such ventures are expected to influence favorable growth in plasma fractionation market.
CSL Commences Construction of New Plasma Fractionation Facility
In the light of growing demands for protein based therapeutics, leading market participant in plasma fractionation spectrum, CSL Ltd. has recently confirmed its investment worth $ 170 million to augment superlative albumin production at a new facility. The development is expected to largely benefit plasma fractionation market, emphasizing high demands across Europe, Asia-Pacific, and North America.
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Immunoglobulin Product Segment to Remain Potent Growth Driver
As the report progresses with vital market highlights, readers are presented with a detailed overview of market dynamics trends, drivers, and opportunities prevalent in plasma fractionation market. This section of the report also highlights pertinent details on market segments and factors operational in plasma fractionation market such as product type, application, and end-user. Based on product type plasma fractionation market is classified into immunoglobulin, coagulation factor concentrates, albumin, and protease inhibitors amongst others. Immunoglobulin segment is sub-segregated into intravenous and subcutaneous immunoglobulin. Coagulation factor concentrates Is further bifurcated into factor VIII, ix, xiii, prothrombin complex concentrates, von willebrand factor, and fibrinogen concentrates. In terms of application, plasma fractionation market is diversified into neurology, immunology, hematology, critical care, pulmonology, and other applications amongst others. Based on end-user, hospitals, clinics, clinical research institutes, and academic institutes are recognized as major application segments in plasma fractionation market.
North America and Europe to Remain Lucrative during the Forecast Tenure
Based on regional expanse of plasma fractionation market, this section of the report identifies Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa as chief regional pockets in plasma fractionation market.
Competition Dashboard: Plasma Fractionation Market
Thorough research elements included in this section of the report allow readers to gauge the effectiveness of marketing tactics and tools implemented by leading market players in fostering growth in plasma fractionation market, besides enticing desired consumer response such as their buying preferences and eventual purchase discretion. Some of the leading players identified in plasma fractionation market include, CSL Limited, Shire plc, Sanquin, Baxter International Inc., Kedrion, and Octapharma amongst others.
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