Plasma Fractionation Market Research Report: By Product (Immunoglobulin, Coagulation Factor Concentrates, Albumin, Protease Inhibitors, and Others), Application (Immunology, Neurology, Hematology, and Others), End User – Global Forecast Till 2027Market HighlightsThe global plasma fractionation market is expected to grow at an approximate CAGR of 6.5% during forecast period, 2018–2023.Rising participation of market players is one of the key factors driving the plasma fractionation market.
For instance, in 2018, Grifols acquired 24 plasma donation centers in the United States operated by Biotest Pharmaceuticals Corp. for USD 286 million.
With this acquisition, Grifols now owns 249 plasma donation centres to increase its supply of plasma proteins used for therapeutic purposes.Various other factors such as increasing geriatric population, technological advancements, emerging markets in APAC and RoW, rising plasma collection, and increasing prevalence of respiratory and autoimmune disorders are also expected to propel the growth of the market.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7397However, the emergence of recombinant alternatives, high cost of advanced products, and unfavorable reimbursement policies can hamper the market growth over the forecast period.SegmentationThe global plasma fractionation market is segmented based on product, application, end user, and region.The global market for plasma fractionation, by product is segmented into immunoglobulin, coagulation factor concentrates, albumin, protease inhibitors, and others.
The immunoglobulin segment is further classified as intravenous immunoglobulin (IVIG), subcutaneous immunoglobulin (SCIG), and others.
The coagulation factor concentrates segment is further classified as Factor VIII, Factor IX, Von Willebrand Factor, Prothrombin Complex Concentrate, Fibrinogen Concentrates, and Factor XIII.Based on application, the market is segmented into immunology, neurology, hematology, critical care, pulmonology, rheumatology, hemato-oncology, and others.Based on end user, the market is segmented into hospitals & clinics, clinical research laboratories, academic institutes, and others.Regional AnalysisThe Americas dominated the global market for plasma fractionation owing to the presence of major market players and increasing prevalence of immunodeficiency disorders within the region.
According to the 2018 study published in the Allergy, Asthma & Clinical Immunology journal, the estimated overall prevalence of immunoglobulin A (IgA) deficiency in the US was approximately 1 in 300 to 1 in 500 persons.In 2017, it was estimated that Europe stood second in the global plasma fractionation market.