Blood plasma derivatives are medical products derived from human blood plasma. Plasma is the liquid component of blood that remains after cells (red blood cells, white blood cells and platelets) are removed. Plasma derivatives are typically obtained through a process called fractionation, where plasma proteins are separated and purified from the collected plasma.
The blood plasma derivatives market consists of sales, by entities (organizations, sole traders and partnerships), of products derived from the plasma portion of human blood.
The global blood plasma derivatives market was valued at $31,712.7 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 8.0%.
Rise In Hemophilia Prevalence
The rise in hemophilia prevalence drove the growth of the blood plasma derivatives market during this historic period. Hemophilia is a genetic disorder characterized by the inability of the blood to clot properly. This condition is typically inherited and primarily affects males. Blood plasma derivatives play a crucial role in the management of hemophilia by providing the necessary clotting factors to restore hemostasis and prevent or treat bleeding episodes effectively. While recombinant clotting factor products offer enhanced safety profiles and supply stability, plasma-derived factors remain crucial, especially in regions with limited access to recombinant products or for patients with inhibitors against them. Despite concerns regarding blood-borne pathogen transmission, plasma-derived products continue to provide a cost-effective and accessible option for treating hemophilia, ensuring the effective management of bleeding episodes and restoration of hemostasis. In August 2022, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, for every 100,000 American males, there were 3.7 instances of hemophilia B and 12 cases of hemophilia A, respectively. Moreover, it affects 1 in 5,617 male births in the US and 1 in 19,283 male births with hemophilia B. Therefore, the rise in hemophilia prevalence drove the blood plasma derivatives market.
Increasing Investments To Expand Blood Plasma Production Capabilities
Companies in the blood plasma derivatives market are focusing on increasing their investments to capitalize on growth opportunities and contribute to long-term sustainability and profitability. For example, in September 2022, Takeda Pharmaceutical Company Limited, a Japan-based pharmaceutical company, invested close to $330 million in expanding its plasma-derived therapy production. This investment aims to enhance access to treatments for rare and complex chronic diseases, such as primary immunodeficiencies and rare conditions like hereditary angioedema and bleeding disorders. Furthermore, in March 2023, CSL Plasma, a US-based plasmapheresis company, invested $470 million to establish a new plasma fractionation facility at its site located in Marburg to expand its production capabilities and enhance its commitment to delivering on its promise to patients.
The global blood plasma derivatives market is fairly concentrated, with a large number of players operating in the market. The top ten competitors in the market made up to 22.6% of the total market in 2022.
Blood Plasma Derivatives Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global blood plasma derivatives market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for blood plasma derivatives? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The blood plasma derivatives market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider blood plasma derivatives market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by application and by end-user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the blood plasma derivatives market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by application and by end-user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations-This section includes recommendations for blood plasma derivatives providers in terms of product/service offerings geographic expansion, marketing strategies and target groups next five years.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Albumin; Factor VIII; Factor IX; Immunoglobulin; Hyperimmune Globulin; Other Types
- 2) By Application: Haemophilia; Hypogammaglobulinemia; Immunodeficiency Diseases; Von Willebrand's Disease; Other Application
- 3) By End-User: Hospitals; Clinics; Other End-Users
- Companies Mentioned: CSL Limited; China Biologic Products Holdings Inc.; Takeda Pharmaceutical Company Limited; Octapharma AG; Bayer AG
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; blood plasma derivatives indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.