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What is the Future CAGR of the Human Albumin Market, and How Will It Impact Industry Expansion?

The size of the human albumin market has seen a compound annual growth rate (CAGR) of XX% in recent years, expanding from a value of $XX million in 2024 to an estimated $XX million in 2025. This significant growth experienced during the historic period is due to a rise in demand for biopharmaceuticals, heightened health awareness, and an increase in medical trials. Factors such as growing healthcare expenses and the increasing necessity for therapies based on human serum albumin also contribute to this market expansion.

In the coming years, the human albumin market is projected to experience an estimated XX (CAGR) growth. By 2029, it is expected to reach a value of $XX million, realizing a compound annual growth rate (CAGR) of XX%. This anticipated growth over the forecast period can be linked to an increase in chronic diseases, advancements in healthcare, an uptick in surgical procedures, an expanding elderly populace, government strategies, and heightened awareness of human albumin and plasma. Key trends for this forecast period encompass facility growth, authority-approved drug advancements, strategic partnerships, the rise of personalized medicines, and technological upgrades in the field.

Which Factors Are Enhancing the Growth of the Human Albumin Market?

The human albumin market is expected to be propelled by the escalating prevalence of chronic diseases. These chronic ailments, which represent long-term health conditions, often necessitate ongoing medical treatment. The surge in such disorders can be primarily attributed to factors like ageing demographic, sedentary lifestyle, unhealthy eating habits, and heightened stress levels. Human albumin serves a significant role in chronic kidney disease management, where it is used to handle hypoalbuminemia and retain oncotic pressure, which helps in better fluid balance and decreased complications. For instance, Kidney Research UK, a charity entity based in the UK, revealed in a report in June 2023 that about 7.2 million people, representing more than 10% of the UK population, suffer from chronic kidney disease. Of these, 3.25 million are in the severe stages, and another 3.9 million are in the early stages, often undiagnosed and devoid of symptoms. By 2033, the number of chronic kidney disease patients is projected to rise to 7.61 million. Consequently, the soaring prevalence of chronic diseases is expected to fuel the human albumin market.

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What Are the Top Market Players Propelling the Growth of the Human Albumin Industry?

Major companies operating in the human albumin market include Takeda Biopharmaceuticals Private Ltd.; Merck KGaA; Baxter International Inc.; CSL Behring; Grifols SA; Octapharma AG; Sanquin Plasma Products BV; Taibang Biologic Group; Bovogen Biologicals Pty Ltd.; Akron Biotech

What Are the Key Trends to Watch in the Human Albumin Market Over the Coming Years?

The primary trend witness in the human albumin industry revolves around striving for drug authorisation from regulators to establish a strong footing in the market. Gaining approval for a drug asserts its safety, effectiveness, and top-grade quality, thereby boosting trust among health care providers and patients. Plus, it provides legal status to the product for marketing and selling, broadening its scope for extensive use. For instance, in June 2023, a significant achievement was marked by the approval of Bio Products Laboratory (BPL)’s human albumin product by China’s National Institutes for Food and Drug Control (NIFDC). This was announced by Kedrion Biopharma Inc., a biotechnology pharmaceutical company based in Italy and marks the first BPL product to be approved for the Chinese market. This approval paves the way for routine shipments to China, which is the biggest market for human albumin, accountable for a demand of 627 tons in comparison to a worldwide total of 1,368 tons in 2021.

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Which Key Market Segments Comprise the Human Albumin Market and Drive Its Revenue Growth?

The human albumin market covered in this report is segmented –

1) By Product: Human Serum Albumin, Recombinant Albumin, Bovine Serum Albumin

2) By Clinical Indication: Hypovolemia, Hypoalbuminemia, Burns And Shock, Liver Diseases, Neonatal Conditions, Surgical And Critical Care, Other Clinical Indications

3) By Application: Therapeutics, Drug Formulation And Vaccine, Component Of Media, Other Applications

4) By End-User: Hospitals And Clinics, Pharmaceutical And Biotechnology Industry, Research Institutes

What Regions Are Dominating the Human Albumin Market Growth?

North America was the largest region in the human albumin market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human albumin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Are the Key Characteristics That Define the Human Albumin Market?

Human albumin is a naturally occurring protein found in plasma, responsible for maintaining oncotic pressure and facilitating the transport of hormones, enzymes, drugs, and other substances in the blood. Therapeutically, human albumin is administered as an intravenous solution derived from pooled human plasma to treat conditions such as hypovolemia, hypoalbuminemia, burns, and acute respiratory distress syndrome (ARDS). It is also used in surgeries, including liver transplants and dialysis, to restore blood volume and stabilize circulation. Its ability to bind and carry molecules makes it a critical component in medical treatments for fluid replacement and shock management.

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