According to the recent research report titled ‘GLOBAL BLOOD PLASMA MARKET 2019-2027’, available with Market Study Report, global blood plasma market is anticipated to record a CAGR of 6.13% during 2019-2027.
 

Increasing acceptance of immunoglobulin-centered therapies, growing aging population, development of new therapeutics, and rising number of treatments for hemophilia are the key factors driving the growth of global blood plasma market.
 

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Notably, blood plasma consists of several beneficial elements like coagulation factors, immunoglobulins, albumin as well as protease inhibitors, and plays an important role in regulating body function. Rising instances of deficiencies in blood components has impelled the occurrence of blood disorders, which in turn has augmented research & development activities, thereby stimulating the industry outlook.
 

In several treatments, blood plasma is part of an important clinical treatment strategy because of its ability to fight many diseases, such as hemophilia, leukemia, immunodeficiency, and other chronic and life-threatening bleeding diseases.
 

Rising adoption of blood plasma among patients suffering from such disorders is augmenting global blood plasma market share. However, easily availability of recombinant plasma and hefty cost of blood plasma treatments may act as a restraining factor for the industry growth. Besides, rising concerns regarding spread of pathogenic contaminants and strict regulatory scenario may also negatively impact worldwide blood plasma industry remuneration.
 

Based on mode of delivery, global blood plasma market is divided into biomedical sealants, sprays, gels, and infusion solutions. Speaking of blood type, the industry is bifurcated into hyperimmunes, coagulation factor concentrates, immunoglobulin, and albumin. The immunoglobulin segment is further classified into subcutaneous immunoglobulin, intravenous immunoglobulin, and other immunoglobulin type.
 

Elaborating on application spectrum, worldwide blood plasma market is categorized into pulmonology, immunology, neurology, rheumatology, transplantation, and other applications. In terms of end-user scope, the market is split into hospitals & clinics, research laboratories, and academic institutions.
 

Citing the regional landscape, worldwide blood plasma market is segmented into Middle East & Africa (MEA), Asia Pacific, North America, Europe, and Latin America. The report states that Asia Pacific blood plasma industry is poised to attain notable gains over the forecast timespan. The growth is attributable to introduction of a non-profit organization called Asia-Pacific Blood Network (APBN), which intends to offer cost-effective, steady, and safe supply of blood and its components across the region.
 

Further, Japan accounts for significant share of Asia Pacific blood plasma industry owing to high concentration of organizations that ensure blood plasma supply. Meanwhile, the report cites that China is also a major revenue generator for the Asia-Pacific market.
 

Leading organizations in global blood plasma market are General Electric Co., ADMA Biologics Inc., Biotest AG, Baxter International Inc., Arthrex GmbH, Shire plc, Octapharma AG, Grifols International S.A., CSL Ltd., Cerus Corp., and China Biologic Products Inc. among others.