Plasma Fractionation Is Poised To Surge at A 7.3% CAGR, Reaching US$ 65 Billion By 2032

The global chemical tanker market is witnessing continued improvements according to Fact.MR on the backdrop of increasing overall seaborne trade and rising overall fleet of key operators.

The size of the global chemical tanker market is expected to reach nearly USD 5 billion in 2019, whereas, the global chemical tanker shipping industry is expected to reach more than US$ 28.5 Bn in 2019.

High concentration of chemical manufacturing industries and growing demand for industrial grade chemicals around the world are some of the main reasons for the development of the chemical tanker market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=4806

Key Segments Covered in the Plasma Fractionation Industry Survey

• By Product :
o Albumin

o Immunoglobulins
• Intravenous Immunoglobulins
• Subcutaneous Immunoglobulins
• Others

o Coagulation Factors
• Factor VIII
• Factor IX
• Von Willebrand Factor
• Prothrombin Complex Concentrates
• Fibrinogen Concentrates
• Others

o Protease Inhibitors

• By Method :
o Centrifugation
o Depth Filtration
o Chromatography
o Others

• By Application :
o Neurology
o Hematology
o Oncology
o Immunology
o Pulmonology
o Others

• By End User :
o Hospitals & Clinics
o Clinical Research
o Others

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4806

Plasma Fractionation Market- Competitive Landscape

To increase their market position, key companies in this market are using a variety of methods, such as alliances through mergers and acquisitions, regional expansion, and strategic collaborations. Some prominent market developments are as follows:

• In May 2022, Terumo Blood and Cell Technologies established its newest production plant in Douglas County, Colorado. The modern production plant, which cost USD $250 million, is in line with the company's goals of improving society via healthcare and servicing more people. In order to supply customers with source plasma collections, the 170,000 square foot facility will create single-use collection sets for the recently FDA-approved Rika Plasma Donation System (Rika).
• In May 2022, according to the National Fractionation Agreement in place between the National Blood Authority and CSL Behring, new facilities were added by CSL Behring at its manufacturing facility in Broadmeadows, Victoria, to increase processing capacity for Australia's expanding annual domestic plasma collections.

Prominent Plasma Fractionation Service Players
• Grifols S.A.
• CSL Limited
• Takeda Pharmaceutical Company Limited
• Octapharma AG
• Kedrion S.p.A
• LFB S.A.
• Biotest AG
• Sanquin
• Bio Products Laboratory Ltd.
• Intas Pharmaceuticals Ltd

𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭: https://www.factmr.com/checkout/4806

As per Fact.MR, around 54% of plasma fractionation products are expected to be utilized across North America. Due to the growing elderly population and many related disorders, the United States held the biggest market share in the region.

For instance, the Alzheimer's Association reported in March 2021 that there are currently 13.8 million persons in the United States who are 65 years of age or older and who are living with dementia associated to Alzheimer's disease. Additionally, according to the same source, the number of Americans who died from Alzheimer's and dementia-related causes rose by 16% during the COVID-19 pandemic.

According to estimates, the nation spent around US$ 355 Billion in 2021 on Alzheimer's and other dementia-related expenses, and it is predicted that by 2050, this sum will have increased to more than US$ 1.1 Trillion.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
• https://www.prnewswire.com/news-releases/catapulting-investments-in-infrastructure-to-position-structural-adhesives-market-at-us-28-2-billion-by-2032--301619131.html

• https://www.prnewswire.com/news-releases/medical-plastics-market-to-register-5-cagr-as-sales-of-engineering-plastics-surge-by-6-through-2026-301619201.html

• https://www.prnewswire.com/news-releases/neurorehabilitation-devices-market-to-almost-double-by-2026--surpassing-us-2-3-billion-301620293.html

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This release was published on openPR.