About Blood Plasma Products
Blood plasma is a liquid component that carries cells and proteins throughout the body. It is mostly water and contain dissolve proteins, glucose, oxygen, hormones, electrolytes, etc. It protect the body from infection and other blood disorder and also balance the electrolyte concentration. Blood plasma products used in several therapeutic treatments. The blood plasma products are used in hospitals, clinics and by research firms. Immunoglobulins is a component that is present in blood plasma which is further segmented into intravenous, subcutaneous and normal immunoglobulins.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Blood Plasma Products market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADMA Biologics, Inc. (United States), Cerus Corporation (United States), China Biologic Products, Inc. (China), CSL Limited (Australia), Biotest (Germany), Intas Pharmaceuticals Limited (India), Kedrion (Italy), LFB S.A. (France), Octapharma AG (Switzerland) and PrIME Biologics Pte Ltd. (Singapore) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Shanghai RAAS Blood Products Co., Ltd (China), Sanquin (Netherlands) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Blood Plasma Products market by , Application (Immunology, Oncology, Pulmonology, Rheumatology, Transplant, Neurology and Hematology) and Region.
On the basis of geography, the market of Blood Plasma Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Immunoglobulin will boost the Blood Plasma Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Delivery, the sub-segment i.e. Infusion Solutions will boost the Blood Plasma Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Awareness about Blood and Plasma Donation and Introduction of New and Specialized Products
Market Growth Drivers:
Increase in Prevalence of Life-Threatening Disorders like Hemophilia and Increasing Usage in Plasma-Derived Medical Products
Challenges:
Post-Operative Risks Associated with Plasma Replacement Therapy
Restraints:
High Cost of Plasma Derivative-Based Therapy
Opportunities:
High Potential in Untapped Markets in the Emerging Economies
Market Leaders and their expansionary development strategies
In February 2021, Kamada Ltd., a plasma-derived biopharmaceutical company, announced that it has entered into an agreement for the acquisition of the plasma collection center and certain related rights and assets from the privately-held Blood and Plasma Research, Inc (B&PR) of Beaumont, TX, USA. B&PR’s collection facility primarily specializes in the collection of hyper-immune plasma used for the Anti-D immunoglobulin, which is manufactured by Kamada and distributed in international markets. B&PR’s plasma collection center is one of the few FDA-licensed centers in the U.S. providing the raw materials required for this product.
In May 2023, PlasmaGen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, recently celebrated the official opening of the company's new manufacturing plant for blood plasma-derived protein therapeutics in Kolar, Bengaluru.
USFDA and Centre for biologics evaluation and research (CBER): The Clinical Laboratory Improvement Amendments (CLIA) of 1988 21 CFR Code of Federal Regulations, 606: cGMP for blood and blood components. and Regulation in Europe: Blood and blood products regulation is described in blood directive 2002/98/EC of European Parliament and council on setting “standards of safety and quality for the collection, processing, testing, storage and distribution of human blood and blood components “and directive 2005/62/EC which specified “community standard and specification relating to a quality system for blood establishment”.
Key Target Audience
Manufacturers of Blood Plasma Product, Suppliers of Blood Plasma Product, Wholesalers, Distributers and Retailers of Blood Plasma Product, Healthcare Industry, Research Firms and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.