Plasma Protein Therapeutics Market growing at a CAGR of 7.5% (2015–2020)
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According to the report "Plasma Protein Therapeutics", published by Market Data Forecast, the global market is projected to reach USD 27.56 Billion by 2020, at a CAGR of 7.5% from 2015 to 2020.
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Plasma is a protein rich fluid and plays a crucial role in clotting and providing immunity to diseases. By isolating the proteins from plasma, they can used for medical therapies which includes autoimmune, immune deficiencies, neurological, bleeding disorders and these therapies are used to treat well-defined medical condition by replacing the deficient or missing proteins in plasma. Plasma protein therapeutics involves biological medicines either infused or injected to treat life-threatening, chronic and genetic diseases.
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Increasing introduction of new plasma-derived therapies is the primary driving factor for the market. The market is also driven by a host of other factors, including rising prevalence of life threatening diseases involving immune or neurological systems such as Ideopathic thrombocytopenic purpura (ITP), chronic inflammatory demyelinating polyneuropathy (CIPD) and other infectious diseases like Rabies, Tetanus, Hepatitis A&B and varicella. On the contrary there are a few restraints for market which includes stringent government policies, issues pertaining to reimbursement, complexity in manufacturing.
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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
By Region
•North America
•Europe
•Asia-Pacific
•Latin America
•Middle-East & Africa
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The major players in the plasma protein therapeutic market are Baxter, CSL Behring, Biotest, China Biologics, Grifols, Kedrion, Octapharma, Shire Plc., and Chengdu Inst.
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