Industry Background:
Human serum albumin (HSA) is the richest protein found in human blood plasma which is produced in the liver. The biological purposes of albumin include and transportation & metabolization of endogenous, normalization of the colloidal osmotic blood pressure and exogenous molecules e.g. fatty acids, amino acids, steroids, hormones, and pharmaceutical drugs. rHSA is plant-derived (rice-based), which reduces the risk of bacterial and viral infections. Additionally, the greater consistency of rHSA saves time while providing better performance. The annual demand for therapeutic human serum albumin (HSA) is predictable to be more than 500 metric tons worldwide. As a major protein in the human body, HSA plays a vital role in many physiological processes, including the maintenance of oncotic pressure and the transportation of various biomolecules and pharmaceuticals.This growth is primarily driven by Risk of Transmission of Viruses and Infectious Due to Use of pHSA and Increasing Plasma Collection.
Globally, a noticeable market trend is evident Increasing Non-Therapeutic Application of Albumin. Major Players, such as Albumedix (United Kingdom), Merck (United States), Ventria (InVitria) (United States), Proteintech Group (United States), Wuhan Healthgen Biotechnology Corp. (China), HiMedia Laboratories (India), Biorbyt Ltd. (United Kingdom), Aspira Chemical (United States) and Lazuline (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Risk of Transmission of Viruses and Infectious Due to Use of pHSA
- Increasing Plasma Collection
Market Trend
- Increasing Non-Therapeutic Application of Albumin
Restraints
- Stringent Government Regulations on Human Serum Albumin
Opportunities
High Demand for Albumin in R&D Activities and Expanding Applications of Albumin
Challenges
High Competition from Substitute Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Recombinant Human Serum Albumins Study Sheds Light on
The Recombinant Human Serum Albumins Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Recombinant Human Serum Albumins industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Recombinant Human Serum Albumins industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.