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Plasma Fractionation Market to Reach $65 Billion by 2032 with 7.3% CAGR

Plasma Fractionation Market

The plasma fractionation market achieved a valuation of US$ 32 billion by the end of 2022. Looking ahead to the period spanning from 2022 to 2032, the market is anticipated to experience substantial growth, with an impressive Compound Annual Growth Rate (CAGR) of 7.3%. This growth trajectory is expected to lead to a market value of US$ 65 billion by the end of this period.

The plastic granulators market is a critical component of the plastics recycling and manufacturing industry. Plastic granulators are machines designed for the purpose of reducing large plastic items, such as bottles, containers, and scrap, into smaller, uniform granules or pellets. These granules serve as the raw material for various plastic products, contributing to the reduction of plastic waste and supporting sustainability efforts. The plastic granulators market caters to a wide range of industries, including packaging, construction, automotive, and more, where plastics play a significant role in production and packaging.

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Plastic Granulators Market Dynamics

Several key dynamics influence the plastic granulators market:

  • Growing Plastic Production: The plastic manufacturing sector has been expanding consistently, resulting in an increased generation of plastic waste. This surge in plastic waste necessitates efficient recycling solutions, with plastic granulators being a critical component of the recycling process.
  • Environmental Concerns: The detrimental environmental impacts of plastic pollution have led to heightened awareness and concern. In response, there is a growing demand for sustainable practices, including recycling and reusing plastics. Plastic granulators contribute to these sustainability goals by facilitating the recycling process.
  • Technological Advancements: Continuous innovation in granulator technology has led to more efficient and versatile machines. Advanced features such as automation and energy-efficient systems have become integral to modern granulators, improving their performance and reducing operational costs.
  • Regulatory Initiatives: Governments and regulatory bodies worldwide are enacting stricter rules and regulations to address plastic waste management and environmental sustainability. Compliance with these regulations drives the adoption of plastic granulators by industries aiming to meet environmental standards.

Plastic Granulators Market Demand & Supply Trends

The surge in plastic waste production has intensified the necessity for enhanced recycling efforts, leading to a rising demand for plastic granulators. These machines offer efficient plastic recycling solutions, aiding in the reduction of environmental impact. The plastic granulators market benefits from its wide-ranging applications across diverse industries, including packaging, construction, automotive, and electronics, ensuring its stability and growth. Moreover, the market is driven by the increasing demand for customized granulators tailored to efficiently process specific plastic types, reflecting the industry’s pursuit of optimization and sustainability goals.

Key Companies Profiled In This Report

  • Grifols S.A.
  • CSL Limited
  • Takeda Pharmaceutical Company Limited
  • Octapharma AG
  • Kedrion S.p.A
  • LFB S.A.
  • Biotest AG
  • Sanquin
  • Bio Products Laboratory Ltd.
  • Intas Pharmaceuticals Ltd

Fact.MR’s data indicates that approximately 54% of plasma fractionation products are poised for utilization in North America. Within this region, the United States emerges as the dominant market, primarily attributed to the rising elderly population and the associated surge in related health disorders.

To illustrate, the Alzheimer’s Association, in March 2021, reported a staggering figure: there were approximately 13.8 million individuals aged 65 or older in the United States living with dementia linked to Alzheimer’s disease. Moreover, during the challenging period of the COVID-19 pandemic, the same source revealed a disturbing 16% increase in the number of Americans succumbing to causes related to Alzheimer’s and dementia.

Estimates indicate that in 2021, the nation expended approximately US$ 355 billion on expenses related to Alzheimer’s and other forms of dementia. Projections paint an even more financially burdensome picture, with expectations that by 2050, this figure will surpass an astounding US$ 1.1 trillion.

Furthermore, it is foreseen that by the year 2050, a staggering 13.5 million Americans aged 65 and older will grapple with Alzheimer’s dementia, compared to an anticipated 6.2 million in 2021. This dramatic surge in Alzheimer’s disease cases, coupled with the effectiveness of plasma fractionation products in treating the condition, underpin the market’s projected expansion during the envisaged timeframe.

Competitive Landscape

Leading companies in the plasma fractionation market are adopting various strategies to enhance their market presence, including mergers and acquisitions, expanding their regional footprint, and forging strategic partnerships. Notable recent developments in the market include:

  1. Terumo Blood and Cell Technologies opened a state-of-the-art production facility in Douglas County, Colorado in May 2022, representing a $250 million investment. This move aligns with the company’s commitment to advancing healthcare and expanding access to it. The 170,000 square foot facility will manufacture single-use collection sets for the newly FDA-approved Rika Plasma Donation System (Rika), bolstering source plasma collections for customers.
  2. In May 2022, CSL Behring expanded its manufacturing capabilities in Broadmeadows, Victoria, in accordance with the National Fractionation Agreement between the National Blood Authority and CSL Behring. This expansion aims to accommodate the growing annual domestic plasma collections in Australia.

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The plastic granulators market plays a vital role in the plastics recycling and manufacturing industry. As environmental concerns grow and plastic waste continues to accumulate, plastic granulators offer a sustainable solution by facilitating efficient plastic recycling. Understanding the value chain is essential for stakeholders, as it highlights the interconnected stages from raw material suppliers to end users, ensuring efficient utilization of plastic granulators across various industries.

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Plasma Fractionation Market Growth Set to Surge Significantly during 2023 to 2028 | Shire (Baxalta), BPL, Octapharma, CSL, Biotest, Grifols

Global Plasma Fractionation Market Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market.

This report on the Plasma Fractionation Market study considers important factors such as an analysis of the market, a definition of the market, segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology. The research provides an idea about various market inhibitors as well as market motivators in both a quantitative and qualitative approach with the purpose of providing users with accurate information.

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What is New Additions in 2023?

  • Detailed industry outlook
  • Additional information on company players
  • Customized report and analyst support on request
  • Recent market developments and it’s futuristic growth opportunities
  • Customized regional/country reports as per request

The list of Key Players Profiled in the study includes:- Shire (Baxalta), BPL, Octapharma, CSL, Biotest, Grifols, CBPO, LFB Group, Kedrion, RAAS, Hualan Bio

Cataloging the Competitive Terrain of the Plasma Fractionation Market:

  • The report provides an overview of every manufacturers and the products developed by each manufacturer along with the application scope of every product.
  • Data regarding the market share of every company, as well as sales figures concerning each firm, is stated in the report.
  • Details regarding the profit margins and price patterns have been inculcated in the report.

IN THE NEWS

➤Baxter International Inc. acquired ChemoSera S.A. in 2022. The acquisition will expand Baxter’s portfolio of plasma fractionation products and enable the company to expand its presence in the European markets.

➤Biovian Oy acquired ViroClinics Biosciences B.V. in 2022. The acquisition will expand Biovian’s plasma fractionation capabilities, increase its global presence, and enable the company to enhance its offerings in the field of plasma-derived biopharmaceuticals

Plasma Fractionation Market Dynamics:

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Growth Drivers:

The increasing use of immunoglobulins for various therapeutic areas, such as autoimmune diseases, immune deficiencies, and infectious diseases, is driving the growth of the plasma fractionation market. Immunoglobulins are proteins produced by the immune system to fight against infections, allergies, and other diseases. Plasma fractionation processes are used to extract immunoglobulins from the plasma of healthy donors

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Segmentation Analysis of the Market:

Global Plasma Fractionation Market forecast report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Global Plasma Fractionation Market segments and Market Data Break Down are illuminated By Type(Albumin, Immune Globulin, Coagulation Factor);By Application(Immunity, Therapy)

Regional Coverage:

Rеgіоn-wіѕе ѕеgmеntаtіоn in the Global Plasma Fractionation Market іnсludеѕ the claims to split the regional scope of the market, which among these regions has been touted to amass the largest market share over the anticipated duration

•North America(USA, Canada and Mexico)
•Europe(UK, Germany, France and the Rest of Europe)
•Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
•South America(Brazil, Argentina and the Rest of South America)
•Middle East and Africa(GCC and Rest of the Middle East and Africa)

** Note – This report sample includes:

  • Scope For 2024
  • Brief Introduction to the research report.
  • Table of Contents (Scope covered as a part of the study)
  • Top players in the market
  • Research framework (structure of the report)
  • Research methodology adopted by The Market Insights

The Global Plasma Fractionation Market Industry Report Covers The Following Data Points:

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟏: This section covers the global Market overview, including the basic market introduction, market analysis by its applications, type, and regions. The major regions of the global Market industry include North America, Europe, Asia-Pacific, and the Middle-East and Africa. Plasma Fractionation Market industry statistics and outlook are presented in this section. Market dynamics states the opportunities, key driving forces, market risk are studied.

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟐: This section covers Market manufacturers profile based on their business overview, product type, and application. Also, the sales volume, market product price, gross margin analysis, and share of each player is profiled in this report.

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟑 𝐚𝐧𝐝 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟒: These sections present the market competition based on sales, profits, and market division of each manufacturer. It also covers the industry scenario based on regional conditions.

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟓 𝐚𝐧𝐝 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟔: These sections provide forecast information related to Plasma Fractionation Market for each region. The sales channels include direct and indirect Marketing, traders, distributors, and development trends are presented in this report.

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟕 𝐚𝐧𝐝 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟖: In these sections, Industry key research conclusions and outcome, analysis methodology, and data sources are covered.

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What makes the information worth buying?

• A comprehensive and in-depth overview of the global Plasma Fractionation industry in exchange, use, and geographical area sectors is provided.

• This research looks at the industry rewards and constraints that influence industry growth.

• Developing business strategies and aspects to aid in an emerging market.

• Examining free markets and developing appropriate strategies.

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Plasma Fractionation Landscape is Slated to reach a Valuation of US$ 65 Billion by 2032: Fact.MR

The plasma fractionation market is expected to reach a valuation of US$ 32 Billion in 2022. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a 7.3% CAGR, reaching US$ 65 Billion. The world’s ageing population, which is increasingly prone to uncommon ailments that necessitate the use of blood derivatives, is the main factor driving the market’s rise.

Additionally, it is projected that the rising usage of immunoglobulins and alpha-1-antitrypsin in several medical specialties throughout the world would stimulate market expansion. The growth of blood collection facilities throughout the world is another significant factor propelling the development of this market.

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For instance, Grifols declared in March 2016 that it will spend US$ 360 Mn to increase its plasma-derived therapy production capacity. The investment is anticipated to boost the ability to fractionate and purify various proteins from plasma. Additionally, an increase in innovation investments results in technical developments in effective and affordable methods for fractionating proteins from plasma, which in turn stimulates the plasma fractionation industry. The market, however, is being significantly restrained by reasons including increasing recombinant factor market penetration, strict regulations, and reimbursement concerns.

The growth in innovation spending, the need for plasma proteins, and the occurrence of uncommon illnesses globally are the main drivers expected to drive the worldwide plasma fractionation market. For the benefit of patients, the plasma fractionation business has been investing in the research and development of novel plasma proteins therapies (such as ceruloplasmin, IgA, and plasmin).

Key Takeaways from the Market Study

  • According to Fact.MR, a CAGR of 6% was recorded for the plasma fractionation market from 2017-2022.
  • In FY 2022, the plasma fractionation market is likely to reach a valuation of US$ 32 Billion.
  • By end-user, the hospitals & clinics segment is expected to dominate the market, documenting a 6.5% value CAGR
  • As per GVR’s projections, the market for Plasma Fractionation in the UK will likely expand at a 6.7% CAGR
  • The plasma fractionation market in China is expected to expand at an 6.9% CAGR

“Growing R&D efforts, blood donation awareness campaigns, and investments from large companies are expected to provide up lucrative business prospects for sector participants in the worldwide market,” comments an analyst at Fact.MR

Competitive Landscape

Prominent players in the Plasma Fractionation Industry are taking advantage of the rapidly increasing demand for the Plasma Fractionation in various applications. Some prominent market developments are as follows:

  • In May 2022, Terumo Blood and Cell Technologies established its newest production plant in Douglas County, Colorado. The modern production plant, which cost USD $250 million, is in line with the company’s goals of improving society via healthcare and servicing more people. In order to supply customers with source plasma collections, the 170,000 square foot facility will create single-use collection sets for the recently FDA-approved Rika Plasma Donation System (Rika).
  • In May 2022, According to the National Fractionation Agreement in place between the National Blood Authority and CSL Behring, new facilities were added by CSL Behring at its manufacturing facility in Broadmeadows, Victoria, to increase processing capacity for Australia’s expanding annual domestic plasma collections.

Prominent Plasma Fractionation Service Players

  • Grifols S.A.
  • CSL Limited
  • Takeda Pharmaceutical Company Limited
  • Octapharma AG
  • Kedrion S.p.A
  • LFB S.A.
  • Biotest AG
  • Sanquin
  • Bio Products Laboratory Ltd.
  • Intas Pharmaceuticals Ltd

Key Segments Covered in the Plasma Fractionation Industry Survey

  • By Product :
    • Albumin
    • Immunoglobulins
      • Intravenous Immunoglobulins
      • Subcutaneous Immunoglobulins
      • Others
    • Coagulation Factors
      • Factor VIII
      • Factor IX
      • Von Willebrand Factor
      • Prothrombin Complex Concentrates
      • Fibrinogen Concentrates
      • Others
    • Protease Inhibitors
    • Others
  • By Method :
    • Centrifugation
    • Depth Filtration
    • Chromatography
    • Others
  • By Application :
    • Neurology
    • Hematology
    • Oncology
    • Immunology
    • Pulmonology
    • Others
  • By End User :
    • Hospitals & Clinics
    • Clinical Research
    • Others
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the global Plasma Fractionation market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product (albumin, immunoglobulins, coagulation factors, protease inhibitors and others), method (centrifugation, depth filtration, chromatography and others), application (neurology, hematology, oncology, immunology, pulmonology and others), and end user (hospitals & clinics, clinical research and others) across five major regions (North America, Europe, Asia Pacific, Latin America and Middle East & Africa).

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Plasma Fractionation Is Anticipated To Surpass A CAGR Of 7% Through 2032

The examination report distributed by Fact.MR on the Plasma Fractionation Market is expected to offer dependable information on different key variables forming the development bend of the market. This report fills in as a rich wellspring of data for key elements, for example, strategy producers, end-use ventures, financial backers, and assessment pioneers. The section represented an extensive offer in the Plasma Fractionation Market in conjecture period 2022 to 2032.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Plasma Fractionation Market, both at worldwide and provincial levels.

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The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.

Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.

Key Segments Covered

  • By Product :
    • Immunoglobulins for Plasma Fractionation
      • Intravenous Immunoglobulins
      • Subcutaneous Immunoglobulins
    • Coagulation Factor Concentrates for Plasma Fractionation
      • Factor VIII
      • Factor IXF
      • Factor XIII
      • Prothrombin Complex Concentrate
      • Von Willebrand Factor (VWF)
      • Fibrinogen Concentrates
    • Albumin for Plasma Fractionation
    • Protease Inhibitors for Plasma Fractionation
    • Other Plasma Products for Plasma Fractionation
  • By Application :
    • Plasma Fractionation for Neurology
    • Plasma Fractionation for Immunology
    • Plasma Fractionation for Haematology
    • Plasma Fractionation for Critical Care
    • Plasma Fractionation for Pulmonary Applications
    • Plasma Fractionation for Other Applications
  • By End User :
    • Plasma Fractionation for Hospitals & Clinics
    • Plasma Fractionation for Clinical Research Laboratories
    • Plasma Fractionation for Academic Institutions

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What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the global Plasma Fractionation Market
  • Factor that might restrain the growth of the global market in the coming years of the forecast period.
  • What is present competitive scenario of the global Plasma Fractionation Market and its intricate details concerning potential business prospects of leading market players
  • Pricing strategies of several different market players in the global Plasma Fractionation Market

Market Players :-

  • CSL Behring, Shire Plc.
  • Sanquin
  • Biotest AG
  • GRIFOLS SA
  • Baxter International Inc.
  • Kedrion
  • Octapharma USA Inc.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

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How Fact.MR Assists in Making Strategic Moves?

The data provided in the Plasma Fractionation Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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Global Plasma Fractionation Market worth US$ XX.X Billion by 2029

The report “Global Plasma Fractionation Market, By Product Type (Albumin, Immunoglobulins, Coagulation factor concentrates, and Others), By Application (Neurology, Hematology, Immunology, Critical Care, and Others), By End User (Hospitals and Clinics, Clinical Research Laboratories, and Academic Institutes), and Region – Global Forecast to 2029″ Global plasma fractionation market is projected to grow from US$ XX.X billion in 2019 to US$ XX.X billion by 2029. Rising incidence of immunologic disorders and growing use of immunoglobulin and alpha-1 antitrypsin are major factors driving growth of the global plasma fractionation market. In addition, increasing awareness of diseases such as hemophilia and rising incidence of sudden spreading of viral diseases across the globe are some among the major factors to raise the stakes for plasma fractionation by diagnostic centers. This factor leads to large-scale protein purification and ultimately propelling growth of the global plasma fractionation market. Innovation and development in cost effective plasmapheresis equipment’s by manufacturers and increasing number of hemophilic patients can create lucrative opportunity for players operating in the global plasma fractionation market.

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Key Highlights:

  • In December 2017, BioLife Plasma Services L. P. had files for FDA approval of a new plasma manufacturing facility in Covington, Georgia to support growing immunology franchise.

Key Market Insights from the report:          

The global plasma fractionation market accounted for US$ XX.X billion in 2019 and is projected to register a CAGR of XX.X % over the forecast period. The market report has been segmented on the basis of product type, application, end user, and region.

  • By product type, the immunoglobulins segment is accounted for major revenue share in 2018, since it reduces adverse effects and drug reactions.
  • By application, the neurology segment is accounted for major revenue share in 2018, owing to rising incidences of neurological disorders and increasing aging population.
  • By end-user, the hospitals and clinics segment is accounted for major revenue share in 2018. This is due to improving infrastructure and healthcare facilities provided by hospitals, along with increasing off-label (non-approved) use of plasma fractionated products in hospitals for excessive bleeding due to trauma and surgery.
  • By region, North America plasma fractionation market accounted for major revenue share of the global plasma fractionation market and is further anticipated to maintain its dominance over the forecast period. Due to increasing use of immunoglobulins in neurological diseases, and availability of appropriate healthcare infrastructure in the countries of the North America region. Europe plasma fractionation market accounted for second-highest market share, in 2018. This is due to increasing use of plasma fractioned in neurological diseases, in treatment hemophilic patients, and increasing use of prophylaxis treatments for diagnosed patients in this region. Asia Pacific plasma fractionation market is expected to grow at the highest rate during the forecast period owing to high expenditure for development of proper healthcare infrastructure by governments of countries in the region.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “ Global Plasma Fractionation Market”, By Product Type (Albumin, Immunoglobulins, Coagulation factor concentrates, and Others), By Application (Neurology, Hematology, Immunology, Critical Care, and Others), By End User (Hospitals and Clinics, Clinical Research Laboratories, and Academic Institutes), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029

To know the upcoming trends and insights prevalent in this market, click the link below:

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The prominent player operating in the global plasma fractionation market includes CSL Plasma, Inc., Grifols S.A., BioLife Plasma Services L. P., Octapharma Plasma, Inc., Kedrion S.p.A, Bio Product Laboratory Ltd., LFB S.A., Biotest Pharmaceuticals Corporation, Japan Blood Products Organization, and China Biologic Products Holdings, Inc.

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