Plasma Fractionation

SEATTLE , WASHINGTON, UNITED STATES, December 14, 2021 /EINPresswire.com/ -- Plasma Fractionation Market

Market Overview

Plasma fractionation is a procedure for separating different components of plasma, which in fact, is a component of blood obtained through blood fractionation. The separated plasma can be used for various medical applications. Plasma is taken from donors when whole blood is donated, or by plasmapheresis - a process by which the liquid part of the blood, or plasma, is separated from the blood cells and plasma is retained. This plasma can be used as Fresh Frozen Plasma (FFP) for replacement of clotting factors. Most plasma is used for products which derived from plasma fractionation. Plasma comprehends thousands of diverse proteins, but only about 20 of these are used to produce therapeutic plasma products. These fit into three classes’ immunoglobulins, clotting factors, and albumin.

𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏

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Competitive Section

Key players operating in the global plasma fractionation market are CSL Ltd., Octapharma AG, Grifols S.A, Baxalta Incorporated, Octapharma AG, and Kedrion S.p.A held the major share of the plasma fractionation market and will continue to take over the market. Other major players are Bio Products Laboratory, Sanquin, China Biologic Products, Inc., Biotest AG, and Laboratoire Français du Fractionnement ET des Biotechnologies.

Market Dynamics

Increasing cases of bleeding and immune disorders combined with rising geriatric population and rising use of immunoglobulin and alpha-1-antitryspin is expected to drive growth of the global plasma fractionation market during the forecast period. Plasma fractionation is used for treating protein deficiency in healthcare applications and also as a packaging material for industrial applications. The prime function of plasma fractionation is removal or inactivation of viruses and prions.

According to Centers of Disease Control (CDC) statistic, in 2012 chronic diseases were one of the major causes of death and disability in the U.S., with an estimated 117 million people suffering from some form of chronic disease. Furthermore, increasing incidence and prevalence of chronic diseases, presence of robust diagnostic facilities, and easy access to healthcare services are expected to propel the global plasma fractionation market growth over the forecast period. According to Centers for Disease Control and Prevention (CDC), in the U.S. about 400 newborns suffer from hemophilia every year. Hemophilia is the most well-known inherited bleeding disorder, although it is comparatively rare.

However, increasing costs of plasma derivatives and risk related it coupled with inadequate reimbursement policies are expected to hamper the global plasma fractionation market growth over the forecast period.

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Regional Insights

Among regions, North America is expected to hold dominant position in the global plasma fractionation market during the forecast period. This is owing to rising per capita healthcare expenditure combined with growing demand for advanced healthcare facilities and rising acceptance of advanced technologies across the U.S. Furthermore, Asia Pacific is expected to register the highest CAGR over the forecast period, owing to increasing prevalence of haemophilia in emerging economies such as India and China coupled with rising geriatric population.

Key Developments:

In September 2019, Biopharma, a Ukraine based company which is specialized for the production of plasma-based, recombinant and other drugs, launched a new plant for plasma fractionation in Bila Tserkva, Ukraine. The company offers a unique plasma fractionation technology which allows the plasma components of the blood to be processed for the extraction of life-saving drugs and the company is equipped with GMP – certified equipment and facilities. The launch of the company has put Ukraine almost on the same page as that of USA, Austria, and Germany. In the facility, production of blood products like Albumin, Bioven and Immunoglobulin is expected to help treat diseases caused due to immunodeficiency.

In June 2019, Egypt initiated a project for the setup of the blood plasma fractionations and processing plant in the country in order to establish labs for the plasmapheresis.

In 2017, Green Cross Biotherapeutics launched a new plasma fractionation plant in Technoparc, Montreal. The Quebec government granted US$ 21.4 million for the project.

In 2017, Probitas Foundation in collaboration with Grifols, S.A, encouraged plasma donations from the Ebola survivors in order to produce immunity against Ebola.

Plasma Fractionation Market Taxonomy

By Product Type

Albumin
Immunoglobulins
Coagulation Factor Concentrates

By Application

Neurology
Hematology
Immunology
Critical Care

By End User

Hospitals
Clinical Research Laboratories

By Region

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

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