Plasma Fractionation Market Expansion in Key Global Regions

Plasma Fractionation Market Growth and Outlook for 2024-2030

The global Plasma Fractionation Market, valued at USD 30.84 billion in 2023, is expected to grow at a CAGR of 6.89% through the forecast period, reaching an estimated USD 49.18 billion by 2030. This growth is driven by the increasing demand for plasma-derived products used in treating rare diseases, autoimmune disorders, and immunodeficiencies. The rise in elderly populations globally and advances in healthcare technology have been key factors fueling this market expansion.

Plasma fractionation involves processing blood plasma to produce vital therapeutic products, such as immunoglobulins, albumin, and coagulation factor concentrates. These products play a significant role in managing chronic conditions, such as hemophilia, immune system deficiencies, and inflammatory diseases.

Key Growth Drivers:

• Increased use of immunoglobulins and other plasma-derived proteins.
• Rising demand for treatments related to autoimmune and inflammatory diseases.
• Expansion of plasma collection facilities worldwide.

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Country-Specific Opportunities, Trends, and Consolidation

Plasma Fractionation Growth in Vietnam

Vietnam is showing significant progress in the plasma fractionation sector, driven by increased healthcare awareness and expanding treatment options for rare diseases. With greater investments in plasma collection infrastructure, the market is poised for rapid expansion in the coming years. Vietnam's government is actively supporting the development of biopharmaceuticals, opening opportunities for both local and international companies.

Plasma Fractionation Opportunities in Thailand

Thailand's growing healthcare infrastructure and high prevalence of blood-related disorders are accelerating demand for plasma-derived therapies. As Thailand strengthens its medical research capabilities, opportunities for advanced fractionation techniques are increasing. The nation’s regulatory improvements provide a fertile ground for collaborations with global industry leaders, further driving growth.

Plasma Fractionation Trends in Japan

Japan remains a leader in innovative healthcare solutions, including plasma fractionation. With the rising number of elderly patients and increased focus on immunotherapy, Japan is expanding its fractionation facilities. Major players like Green Cross Corporation are collaborating with local hospitals to enhance plasma treatment options. The country is expected to see continued growth in this sector due to advancements in immunology and neurology treatments.

Plasma Fractionation Consolidation in South Korea

South Korea is witnessing market consolidation with key players, such as Shangai RAAS, strengthening their presence. Through mergers and acquisitions, these companies are improving their technological capabilities and streamlining plasma collection processes. This consolidation is enhancing market stability and efficiency in providing essential plasma-derived therapies.

Plasma Fractionation Updation in Singapore

Singapore’s growing healthcare sector has fostered numerous updates to its plasma fractionation industry. The country is focusing on expanding plasma fractionation facilities to meet increasing demand for specialized treatments like coagulation factor concentrates. The development of local biotech companies has created opportunities for partnerships with global pharmaceutical giants, increasing the availability of plasma-based medications.

Plasma Fractionation Trends in the United States

The United States leads the global market in plasma fractionation, owing to advanced healthcare infrastructure and a high demand for immunoglobulins and clotting factors. Baxter International and Takeda Pharmaceutical Company Limited are among the market leaders actively contributing to the growth of the plasma fractionation sector. Rising investments in plasma collection centers are further driving market expansion, particularly in the face of chronic disease epidemics.

Plasma Fractionation Opportunities in China

China’s market for plasma fractionation is witnessing rapid growth, fueled by an increasing focus on healthcare reform and the expansion of plasma collection facilities. The government’s investment in biotechnology and the rising awareness about plasma-derived treatments are enhancing growth opportunities. With a large patient population, China Biologic Products Holdings Inc. is poised to dominate the market in the coming years.

Plasma Fractionation Growth in Europe

Europe's plasma fractionation market continues to grow, particularly in countries like Germany, France, and the UK. The aging population and a rise in autoimmune diseases are contributing to the increased demand for plasma-derived therapeutics. Companies like Octapharma AG are expanding their presence through new product developments and increased production capacities to meet European demand.

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Recent Mergers and Acquisitions in the Plasma Fractionation Market

1. Baxter International acquired Cangene Corporation to enhance its plasma products portfolio, with a focus on immunology.
2. Grifols expanded its presence in Asia through a strategic partnership with a local plasma collection center in South Korea.
3. Shanghai RAAS and Bharat Serums and Vaccines entered into a merger to expand their footprint in the Asian and global markets.

Plasma Fractionation Market Segmentation Breakdown:

by Type

Immunoglobulins
Coagulation Factor Concentrates
Albumin
Protease Inhibitors
Other

The market for plasma fractionation is divided into several segments based on the kind of product: albumin, protease inhibitors, coagulation factor concentrates, immunoglobulins, and others.

Immunoglobulin's plasma fractionation market is the biggest and is projected to grow at the fastest rate throughout the forecast period. This market has grown as a result of the use of immunoglobulins in a number of disorders, such as autoimmune diseases, inflammatory diseases, and primary and secondary immunological deficits. The increase in immunology-related research being conducted globally is another element propelling the immunoglobulin market's growth.

by Application

Immunology
Hematology
Neurology
Critical Care
Hemato-Oncology
Rheumatology
Others

Immunology, Haematology, Neurology, Critical Care, Hemato-Oncology, Rheumatology, and Others are the market segments for plasma fractionation based on their respective applications. Due to reasons including the growing use of plasma proteins in the treatment of immunological deficiencies, immunology holds the biggest market share.

by End User

Hospitals & Clinics
Clinical Research Laboratories
Academic Institutions
Others

Hospitals and clinics, clinical research laboratories, academic institutions, and others make up the end-user market segmentation. Due to their improved healthcare facilities and infrastructure, as well as their growing off-label use of plasma fractionation products to treat a variety of illnesses, hospitals and clinics hold the biggest market share.

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Key Market Players and Strategies

The report includes a detailed analysis of the major market players, focusing on their strategies, product portfolios, and competitive positioning. It also highlights strategic alliances, mergers, acquisitions, and technological advancements shaping the competitive landscape.

1.io Products Laboratory
2.iotest AG
3.hina Biologic Products Holdings Inc.
4.SL Limited
5.reen Cross Corporation
6.rifols
7.apan Blood Products Organization
8.edrion
9.FB group
10.Octapharma AG
11.Sanquin Blood Supply Foundation
12.Takeda Pharmaceutical Company Limited.
13.Baxter
14.Green Cross Corporation
15.Shanghai RAAS
16.Bharat Serums and Vaccines Limited
17.Merck KGaA
18.ADMA Biologics
19.Boccard
20.Intas Pharmaceuticals Ltd.

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Key Market Insights and Trends

Critical Questions Addressed:

1. What is the Plasma Fractionation market, and why is it significant?
2. What was the size of the Plasma Fractionation market in 2023?
3. What is the forecasted growth rate for the Plasma Fractionation market?
4. What key factors are driving market growth?
5. What are the major segments within the Plasma Fractionation market?
6. Which strategies are companies adopting to strengthen their market position?
7. What innovative applications and emerging trends are anticipated in the market?
8. How can companies capitalize on recent industry trends to unlock new revenue streams?
9. Who are the prominent market leaders, and what does their portfolio include?
10. How is the market segmented geographically and by product type?

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