Plasma-Derived Drugs Market is anticipated to reach US$ 74 billion by 2032, at a CAGR of 6.5%

The plasma-derived drugs market is expected to grow at a 6.5% CAGR during the forecast period, from US$ 37 billion in 2022 to US$ 74 billion by 2032.

Plasma antibodies, immunoglobulins, clotting factors, fibrinogens, and other plasma-derived pharmaceutical substances can be extracted from plasma, which has a wide range of applications and advantages.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Plasma-Derived Drugs market is projected to witness robust growth during the forecast year 2022 to 2032. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Plasma-Derived Drugs market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Plasma-Derived Drugs Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Plasma-Derived Drugs market.

Key Plasma-Derived Drugs Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Plasma-Derived Drugs market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Plasma-Derived Drugs Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Plasma-Derived Drugs market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Plasma-Derived Drugs Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Plasma-Derived Drugs market. As per the survey, Plasma-Derived Drugs sales will project steady growth over the forecast period.
  • Plasma-Derived Drugs Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Plasma-Derived Drugs market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Plasma-Derived Drugs Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Plasma-Derived Drugs market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Plasma-Derived Drugs market.

Some of the prominent market players are profiled by FMI are:

Kamada Pharmaceuticals, China Biologic Products Holdings, Bio Products Laboratory Ltd., Inc., Shanghai RAAS, Kedrion, ADMA Biologics Inc., and Biotest AG

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Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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