Global Plasma Protein Therapeutics Market Overview:
Plasma protein therapeutics are a class of drugs made from proteins found in human plasma. These proteins have a variety of biological functions, including regulating blood clotting, immune responses, and maintaining body fluid balance. Plasma protein therapeutics are used to treat a wide range of medical conditions including bleeding disorders, immune deficiencies, and genetic disorders. They are often administered by injection or infusion and require careful monitoring to ensure proper dosing and minimize potential side effects. The rise in research and development activities for plasma protein therapeutics drive the growth of the plasma protein therapeutics market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased Research and Development Activities for Plasma Protein Therapeutics
Market Growth Drivers:
Increased Incidence of Autoimmune Diseases and Increasing Adoption of Different Strategies by Key Market Players
Challenges:
Raising Awareness of the Importance of Blood Donation and Encouraging New and Regular Blood Donation Habits.
Restraints:
Stringent Regulations for Handling Plasma Protein Products and Lack of Proper Reimbursement Policies.
Opportunities:
Increasing Government Initiatives, Escalating Awareness Levels Among Blood Donors and Increased Research Partnerships
Competitive Landscape:
Some of the key players profiled in the report are Octapharma AG (Switzerland), CSL Limited (Australia), ADMA Biologics Inc. (United States), Taibang Biological Group Co. Ltd (China), Bayer AG (Germany), Bio Products Laboratory Ltd. (United Kingdom), Takeda Pharmaceutical Company Limited (Japan), Grifols (Spain), Kedrion (Italy) and Baxter International Inc. (United States). Considering Market by End Users, the sub-segment i.e. Hospitals will boost the Plasma Protein Therapeutics market.
Latest Market Insights:
In November 2019, ADMA Biologics, Inc., a commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty plasma-derived biologics for the treatment of immunodeficiency patients at risk of infection and prevention of certain infectious diseases, was admitted to membership. Plasma Protein Therapeutics Association (PPTA).
In January 2022, Octapharma will expand indications in the European Union (EU) for cutaquig, a human immunoglobulin for subcutaneous administration, providing more flexible treatment options for patients with a much wider range of acquired immunodeficiency.
What Can be Explored with the Plasma Protein Therapeutics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Plasma Protein Therapeutics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Plasma Protein Therapeutics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plasma Protein Therapeutics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Plasma Protein Therapeutics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.