Plasma Protein Therapeutics Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033

LONDON, GREATER LONDON , UK, September 10, 2024 /EINPresswire.com/ -- The plasma protein therapeutics market has experienced robust growth in recent years, expanding from $29.66 billion in 2023 to $32.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing prevalence of rare diseases, growing aging population, global blood plasma supply, rise in hemophilia cases, improvements in diagnosis, supportive regulatory environment.

What Is The Estimated Market Size Of The Global Plasma Protein Therapeutics Market And Its Annual Growth Rate?
The plasma protein therapeutics market is projected to continue its strong growth, reaching $43.85 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to gene therapy advancements, increasing healthcare expenditure, expanded indications, precision medicine approaches, patient access programs.

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Growth Driver Of The Plasma Protein Therapeutics Market
An increasing prevalence of autoimmune disorders is expected to propel the growth of the plasma protein therapeutics market going forward. An autoimmune disorder is a condition that emerges when the body's immune system attacks and destroys healthy body cells. Therapeutic plasma exchange is used to treat autoimmune diseases, which emerge when the body misidentifies a part of itself as foreign and produces proteins (known as autoantibodies) that attack the part of the body that is misidentified.

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Which Market Players Are Steering The Plasma Protein Therapeutics Market Growth?
Key players in the plasma protein therapeutics market include CSL Behring LLC, Grifols SA, China Biologic Products Holdings Inc., Takeda Pharmaceutical Company Limited, Baxter International Inc.

What Are The Key Trends That Influence Plasma Protein Therapeutics Market Share And Analysis?
Major companies operating in the plasma protein therapeutic market are adopting strategic collaborations to gain a competitive edge in the market. Plasma protein therapeutic companies engage in strategic partnerships to enhance their product portfolios, expand their global reach, and drive innovation in the development of new therapies.

How Is The Plasma Protein Therapeutics Global Market Segmented?
1) By Product: Immunoglobulin, Albumin, Coagulation Factor, C1-esterase Inhibitors, Other Products
2) By Route Of Administration: Intravenous, Subcutaneous
3) By Applications: Primary Immunodeficiency Disorder (PID), Idiopathic Thrombocytopenic Purpura, Secondary Immunodeficiency, Hereditary Angioedema, Other Applications

Geographical Insights: North America Leading The Plasma Protein Therapeutics Market
North America was the largest region in the plasma protein therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plasma protein therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Plasma Protein Therapeutics Market Definition
Plasma protein therapeutics refers to therapies derived from plasma and their recombinant analogs. It is used for the treatment of specific medical conditions by replacing missing or deficient proteins found in plasma, allowing recipients to live healthier and more productive lives.

Plasma Protein Therapeutics Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global plasma protein therapeutics market report covering trends, opportunities, strategies, and more
The Plasma Protein Therapeutics Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on plasma protein therapeutics market size, plasma protein therapeutics market drivers and trends, plasma protein therapeutics market major players, plasma protein therapeutics competitors' revenues, plasma protein therapeutics market positioning, and plasma protein therapeutics market growth across geographies. The plasma protein therapeutics market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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The Business Research Company
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