Pune, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Global plasma fractionation market size is expected to reach USD 48.55 billion by 2027, exhibiting a CAGR of 7.6% during the forecast period. The growing incidence of immunological disorders is expected to spur demand for the market, states Fortune Business Insights, in a report, titled Plasma Fractionation Market Size, Share & COVID-19 Impact Analysis, By Product (Immunoglobulin, Albumin, Coagulation Factors, Protease Inhibitors, and Others), By Application (Immunology & Neurology, Hematology, Critical Care, Pulmonology, and Others), By End-user (Hospitals & Clinics, Clinical Research Laboratories, and Others), and Regional Forecast, 2020-2027. The market size stood at USD 25.44 billion in 2019.

The report on the market of Plasma Fractionation comprises:

Notable Development:

October 2018: Shire announced the commencement of the plasma fractionation facility in Georgia, U.S.

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High R&D for Alzheimers Therapies to Contribute Growth

The growing adoption of immunoglobulin for the management, treatment, and diagnosis of metabolic diseases is expected to have a tremendous impact on the market. The ongoing R&D investments and study of immunoglobulin to treat Alzheimers and other autoimmune disorders therapies will spur business opportunities for the market.

Immunoglobulin is glycoprotein molecules that are derived by plasma fractionation and act as antibodies. Moreover, the growing utilization of immunoglobulin owing to its superior advantages can further incite the development of the market.

The coronavirus incidence has caused severe damage and financial ruin to industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain.

But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/industry-reports/plasma-fractionation-market-101614

Favorable Government Regulations to Propel Market in North America

The market size in North America is expected to grow profoundly during the forecast period owing to the increasing research and development in the field of plasma. The well-established healthcare infrastructure. The favorable government regulations and FDA approvals are expected to enable speedy expansion of the market in the forthcoming years.

The growing participation in plasma donations is expected to foster the healthy growth of the market. Europe is predicted to witness high growth during the forecast period due to the growing prevalence of rare diseases in the region. The heavy investments in plasma fractionation systems will create lucrative business opportunities for the market.

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The Report Lists the Main Companies in this Plasma Fractionation Market:

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Global Plasma Fractionation Market Segmentations:

By Product Type

Albumin

Immunoglobulin

o Intravenous Immunoglobulin

o Subcutaneous Immunoglobulin

Coagulation Factors

o Factor IX

o Factor VIII

o Prothrombin Complex Concentrates

o Fibrinogen Concentrates

o Others

Protease Inhibitors

Others

By Application

Immunology & Neurology

Hematology

Critical Care

Pulmonology

Others

By End User

Hospitals & Clinics

Clinical Research Laboratories

Others (Academic Institutes, etc)

By Geography

North America (U.S, Canada)

Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)

Asia-Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia- Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

The Middle East and Africa (South Africa, GCC, and Rest of the Middle East and Africa)

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Plasma Fractionation Market to Exhibit a CAGR of 7.6% and Touch USD 48.55 Billion by 2027; Constant Research and Study of immunoglobulin to Lighten...