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What is the Anticipated Growth Speed of the Plasma Fractionation Market Between 2024 and 2033?

The plasma fractionation market will grow from $28.95 billion in 2023 to $31.78 billion in 2024, at a CAGR of 9.8%. The growth is driven by the growing prevalence of hemophilia and immunodeficiency disorders, an increasing aging population, rising demand for immunoglobulins, the expansion of plasma collection centers, and the growing number of surgical procedures.

The plasma fractionation market is expected to reach $46.72 billion by 2028 at a CAGR of 10.1%. Growth is driven by global healthcare expenditure, rising applications of plasma-derived products, increased R&D investments, and a growing demand for plasma in treating neurological disorders. Key trends include new fractionation technologies, the shift towards albumin and immunoglobulin therapies, rising demand for specialty plasma products, pathogen inactivation technologies, and strategic collaborations in the industry.

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Which Factors Are Enhancing the Growth of the plasma fractionation Market?

The plasma fractionation market is poised for growth with the increasing number of chronic diseases. Chronic illnesses, lasting one year or more, are projected to affect a significant portion of the global population by 2050. Treating chronic diseases with plasma products enhances the quality of life and reduces morbidity, contributing to the rising demand for plasma fractionation and driving market growth.

Which Segments Are Crucial in the Plasma Fractionation Market?

1) By Product: Immunoglobulins, Coagulation Factors, Albumin, Protease Inhibitors

2) By Application: Immunology, Hematology, Neurology, Critical Care, Hemato-Oncology, Rheumatology

3) By End User: Hospitals and Clinics, Clinical Research Laboratories, Academic Institutes

What Emerging Trends Are Shaping the Future of the 177 Market?

Technological advancements are driving trends in the plasma fractionation market, with major companies introducing innovations like HYCON, a self-cleaning and fully automatic separator, to maintain their market position. GAE, a Germany-based pharmaceutical systems manufacturer, launched HYCON in June 2021. This fully automatic separator facilitates one-touch production for blood plasma and plasma proteins separation in clean room environments, enhancing hygienic conditions, preventing cross-contamination, and ensuring batch safety.

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What Regions Are At the Forefront of Plasma Fractionation Market Expansion?

North America was the largest region in the plasma fractionation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plasma fractionation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Plasma Fractionation Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the plasma fractionation market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Plasma Fractionation Market Include

1. Plasma Fractionation Market Executive Summary

2. Plasma Fractionation Market Segments

3. Plasma Fractionation Market Size And Template Market Growth Rate

4. Key Plasma Fractionation Market Trends

5. Major Plasma Fractionation Market Drivers

……

25. Key Mergers And Acquisitions In The Plasma Fractionation Market

26. Top Plasma Fractionation Companies

27. Plasma Fractionation Market Opportunities And Strategies

28. Plasma Fractionation Market, Conclusions And Recommendations

29. Appendix

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