Europe Plasma Fractionation Market Detailed
Overview, Scope, Trends 2028
The Europe
Plasma Fractionation Market is expected to grow from US$ 6,824.67
million in 2021 to US$ 10,402.95 million by 2028; it is estimated to grow at a
CAGR of 6.2% from 2021 to 2028. Increasing geriatric population, increasing use
of immunoglobulins in various therapeutic areas such as neurology, hematology,
rare genetic disorders and autoimmune disorders along with growing demand for
plasma derived therapies for management of diseases are all expected to boost
plasma fractionation market in rest of Europe. Furthermore, various companies in
Europe are investing more on research and development activities to develop and
launch novel approaches in plasma therapies for management of diseases.
Europe Plasma Fractionation Market Overview
The Europe plasma fractionation market, encompassing
Germany, France, the UK, Spain, Italy, and other European nations, holds a
significant global share and is projected for substantial growth. This growth
is driven by several factors: an aging population, increased utilization of
immunoglobulins for chronic disease treatment, a rising prevalence of immune
and bleeding disorders, and the expansion of plasma therapies for disease
management.
The COVID-19 pandemic has had a mixed impact on the market.
While the focus on COVID-19 research and the adoption of convalescent plasma
therapy for critically ill patients (supported by agencies like ANSM in France
and recommendations from the European Commission) provided a positive boost,
the overall shift in medical practice towards COVID-19 and the prioritization
of COVID-19 treatment development by pharmaceutical and biopharmaceutical
companies negatively impacted the treatment of other disorders, potentially
hindering market growth in certain segments.
Europe Plasma Fractionation Market Segmentation
Europe Plasma Fractionation Market -By Product
Europe Plasma Fractionation Market - By Application
Europe Plasma Fractionation Market - By End User
Europe Plasma Fractionation Market - By Country
Europe Plasma Fractionation Market - Company Profiles
Strategic Insights for the European Plasma Fractionation
Market
Data-driven strategic insights are crucial for navigating
the European plasma fractionation market. These insights offer a comprehensive
analysis of the industry landscape, including current trends, key players, and
regional variations. By identifying untapped market segments and developing
unique value propositions, stakeholders can gain a competitive edge. Leveraging
data analytics enables anticipation of market shifts, a critical factor for
investors, manufacturers, and other industry participants. A forward-looking
approach is essential for long-term success in this dynamic market. Ultimately,
these strategic insights empower informed decision-making, driving
profitability and achieving business objectives within the Europe plasma
fractionation market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market
Insights
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