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Blood Plasma Product Market Scenario, Leading Players, Segments Analysis and Forecast to 2024

2019-12-26 17:14:24 | healthcare
The global blood plasma product market size is expected to witness a significant growth during the forecast period due to the high demand by a large pool of patients with no alternative therapeutic approach. Blood plasma product have a wide range of components that have clinical use such as, Albumin, Factor VIII, Factor IX, immunoglobulin, fibrinogen with their major applications in bleeding disorders (haemophilia, immunological disorders), massive hemorrhage and in traumatic injuries. Moreover, the presence of biomarkers in plasma adds to their application in clinical diagnosis of diseases. These factors will drive the growth of global blood plasma product market in future.



Segmentation on the basis of application includes neurology, immunology, hematology, pulmonology, hemato-oncology, rheumatology, critical care and others. Globally, the demand for plasma product was largest in hospitals and clinics due to the large patient population. Other key end users in the global blood plasma product market are clinical research laboratories, and academic institutes.

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According to a report by World Federation of Haemophilia, there are 304,362 people suffering from bleeding disorders such as, haemophilia, von Willebrand disease and others. The statistics depict 5.6% increase in prevalence of diseases from 2014-2015. The present therapeutics involve a continuous supply of plasma product as supplement. This increase in prevalence of bleeding disorders will drive a positive impact on the growth of the market during the forecast period.

Geographically, North America held the largest share in the global blood plasma product market in 2016, followed by Europe. North America was the prominent market for the blood plasma collection, fractionation and product formation. Asia Pacific global blood plasma product market is expected to witness the fastest growth during the forecast period. The growing geriatric population and the increase in prevalence of blood disorder diseases are the factors responsible for the growth.


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