Albumin Market Size

  • Report ID: 5035
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Albumin Market Size

Albumin Market size was over USD 5.68 billion in 2024 and is poised to reach USD 12.51 billion by the end of 2037, growing at around 6.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of albumin is assessed at USD 5.97 billion. The rising cases of liver diseases and infection have increased the demand for albumin, thus, driving market growth. The worldwide incidence of cirrhosis from autopsy results ranges from 4.5% to 9.5% of the population as a whole. It is estimated that in the next few years, more than fifty million adults worldwide will be afflicted with chronic liver disease. In the liver diseases, such as Ascites, albumin is used as a component for removing excess fluid from the abdomen. It helps prevent complications such as renal dysfunction and hypovolemia by maintaining plasma volume.

Furthermore, the rising discovery of new albumins is expected to augment the market growth. In April 2022, the article Impact of Serum Albumin Levels on COVID-19 Mortality implied that during admission if a COVID patient is injected with low levels of albumin serum. It can identify the patient who is at high risk of pneumonia and respiratory failure.


Albumin Market
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Author Credits:  Radhika Pawar


  • Report ID: 5035
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of albumin is assessed at USD 5.97 billion.

The albumin market size was over USD 5.68 billion in 2024 and is poised to reach USD 12.51 billion by the end of 2037, growing at around 6.4% CAGR during the forecast period i.e., between 2025-2037. Rising demand for immunoglobulins, higher production of new drugs, and rising cases of liver diseases and coronary issues will boost the market growth.

North America industry is predicted to be the largest with a share of about 35% by 2037, owing to increasing production of immunoglobins along with rise in the number of HIV patients in the region.

The major players in the market include Apotex Inc., Octapharma AG, Bio Med International Pvt. Ltd., Baxter, Novozymes, Mitsubishi Tanabe Pharma America Inc., Merck KGaA, Akron Biotech, Thermo Fisher Scientific, Grifols, S.A.
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