Plasma Fractionation Market Harnessing the Power of Plasma Lifeblood of Innovation: The Future of the Plasma Fractionation Market

Plasma Fractionation Market worth $8.96 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Plasma Fractionation Market- (By Product (Immune-Globulins(Intravenous Immune-Globulins, Subcutaneous Immune-Globulins, Other Immune-Globulins), Coagulation Factor Concentrates (Factor VIII, Factor IX, Von Willebrand Factor, Prothrombin Complex Concentrate,

Fibrinogen Concentrates, Factor XIII, Others), Albumin, Protease Inhibitors, Other Plasma Products), By Application (Neurology, Immunology, Hematology, Critical Care, Pulmonology, Hemato-Oncology, Rheumatology, Others), By End-User (Hospitals & Clinics, Clinical Research Laboratories, Academic Institutes)), Trends, Industry Competition Analysis,

Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Plasma Fractionation Market is valued at US$ 3.89 Bn in 2022, and it is expected to reach US$ 8.96 Bn by 2031, with a CAGR of 9.83% during a forecast period of 2024-2031.

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Blood Plasma: A Source of Hope in a Growing Market
This passage explores the plasma fractionation market and its drivers. Here's a version with improved paragraph alignment:

Plasma Fractionation: Turning Blood into Medicine
Plasma fractionation is a technique for separating valuable components from human blood plasma. These components, like albumin and immunoglobulins, are then used to create plasma-derived therapies for various diseases.

Market Drivers:
• Aging Population: As the global population ages, the prevalence of chronic conditions treatable with plasma-derived therapies increases, driving market growth.

• Rising Demand for Specific Proteins: The growing reliance of the medical community on immunoglobulins and alpha-1-antitrypsin for treatment further fuels market expansion.

• Increased Plasma Collection: The establishment of more plasma collection facilities globally increases the raw material available for fractionation.

• Supportive Government Policies: Government initiatives promoting awareness of plasma-derived therapies and their benefits also contribute to market growth.

Prominent Players in the Plasma Fractionation Market:

• Kamada (Israel)
• Centurion Pharma (Istanbul)
• Prothya Biosolutions (Netherlands)
• PlasmaGen BioSciences Pvt. Ltd. (India)
• Virchow Biotech Private Limited (India)
• Fusion Healthcare (India)
• Hemarus Therapeutics Limited (India)
• CSL (Australia)
• Takeda Pharmaceutical Company Limited (Japan)
• Grifols, S.A. (Spain)
• Octapharma AG (Switzerland)
• Kedrion S.P.A (Italy)
• LFB (France)
• ADMA Biologics (US)
• Sanquin (Netherlands)
• China Biologic Products Holdings Inc. (China)
• GC Pharma (Korea)
• Hualan Bioengineering Co., Ltd. (China)
• Japan Blood Products Organization (Japan)
• Emergent BioSolutions (US)
• Shanghai Raas Blood Products Co., Ltd. (China)
• Intas Pharmaceuticals Ltd. (India)
• Bharat Serum Vaccines Limited (India)
• SK Plasma (Korea)
• Sichuan Yuanda Shuyang Pharmaceutical Co., Ltd. (China)
• Others

Market Dynamics:

Drivers-
The rising prevalence of Immunodeficiency Disorders drives market expansion. The global need for plasma-derived medicines has increased significantly. Immunoglobulin demand increased significantly, resulting in favourable global market growth. In response to the growing demand for plasma-derived products,

key market players have embarked on a number of R&D activities to bring new plasma-derived medicines to market. Furthermore, these main market participants were intensively focused on owning and acquiring new plasma collecting centres in order to streamline plasma availability for the development of new products. Furthermore, the increasing need is attributed to an increase in instances of various immunodeficiency illnesses worldwide.

Challenges:
The emergence of recombinant therapies as a viable alternative to plasma-derived medicines limits market growth. Many recombinant alternatives for various plasma-driven medicines have been developed in recent years. Recombinant products are utilized for prophylaxis and are less immunogenic than plasma-derived products.

In addition to these, several other longer-acting replacement factors are in the works. The products offer substantial advantages, such as less frequent administration and greater efficacy in preventative use. The expanding use of recombinant components in preventative therapy is thus a major factor restricting the acceptance of plasma products.

Regional Trends:
The Asia Pacific Plasma Fractionation Market is expected to register a major market share in terms of revenue, and it is projected to grow at a high CAGR in the near future. Several reasons contribute to this region's significant market share.

Major enterprises that develop and commercialize technologically advanced plasma-derived therapies and goods are among the factors that contribute to the region's success. Furthermore, North America is predicted to grow rapidly in the next years. Furthermore, the presence of the greatest number of plasma fractionation centres in the United States contributes significantly to market growth.

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Recent Developments:

• In March 2023, Takeda made an investment of 100 billion JPY in the establishment of a novel manufacturing facility in Japan, specifically dedicated to the production of plasma-derived medicines. The investment made by Takeda exemplified the company's dedication to prioritising patients and fulfilling its obligations in relation to its patient-centric, people-oriented, and environmentally conscious objectives. This approach was supported by the utilisation of data and digital technologies.

• In Dec 2022, CSL has recently inaugurated its Plasma Fractionation Facility in Victoria, Australia, which represents a significant milestone in the country's plasma manufacturing sector. With a staggering investment of $900 Bn, this state-of-the-art facility stands as the largest of its type in the Southern Hemisphere. The aforementioned statement pertains to a capital investment programme of over $2 billion that CSL is presently implementing in Australia.

Segmentation of Plasma Fractionation Market-

By Product-
• Immune-Globulins
o Intravenous Immune-Globulins
o Subcutaneous Immune-Globulins
o Other Immune-Globulins
• Coagulation Factor Concentrates
o Factor VIII
o Factor IX
o Von Willebrand Factor
o Prothrombin Complex Concentrate
o Fibrinogen Concentrates
o Factor XIII
o Others
• Albumin
• Protease Inhibitors
• Other Plasma Products

By Application-
• Neurology
• Immunology
• Hematology
• Critical Care
• Pulmonology
• Hemato-Oncology
• Rheumatology
• Others

By End-User-
• Hospitals & Clinics
• Clinical Research Laboratories
• Academic Institutes

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America


Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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