(PharmaNewsWire.Com, February 27, 2017 ) According to the report North America Plasma Protein Therapeutics, published by Market Data Forecast, the global market is projected to reach USD 11.1 Billion by 2020, at a CAGR of 7.1% from 2015 to 2020.
Recent years have witnessed the increased usage of plasma proteins in medical applications. The advancements in technology has made the process for fractionating the protein from plasma more efficient and cost saving and is a huge boost to the market. Reports from suggest that half of the global blood donors are from high income countries which constitutes only 18% of the global population. Rising awareness among individuals regarding the significance of blood donations and government initiatives helped the market to propel the market at a significant rate.
Plasma Protein Therapeutics Market, which is a protein rich fluid plays a critical role in clotting and providing immunity to diseases. Isolating these proteins from plasma can be helpful for various medical therapies which includes immune deficiencies, autoimmune, bleeding and neurological disorders. By replacing the missing or deficient proteins in plasma, plasma protein therapies can be able to treat life-threatening genetic and chronic diseases.
Rising number of new plasma-derived therapies has increased the demand for the market in the recent years. Rising prevalence of life threatening diseases that involves neurological or immune system and others infectious diseases like Tetanus, Rabies, varicella and Hepatitis A&B are some of the factors enabling the growth of the market. However, there are a few restraints that may prove to be a bottleneck for the growth of the market including stringent regulatory policies, reimbursement issues and manufacturing complexity. Enquire more about the report at http://www.marketdataforecast.com/market-reports/north-america-plasma-protein-therapeutics-market-236/inquire Plasma Protein Therapeutics Market is segmented on the basis of product type and by application. By Type Immunoglobulins Albumin Coagulation Factors alpha-1 proteinase inhibitor others By Application Hemophilia Primary Immunodeficiency Disorder Idiopathic Thrombocytopenic Purpura Secondary Immunodeficiency others The major players in the plasma protein therapeutic market are Baxter, CSL Behring, Biotest, China Biologics, Grifols, Kedrion, Octapharma, Shire Plc., and Chengdu Inst.
The Plasma Protein Therapeutics Market study offers the following deliverables: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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