Albumin Market Trends

Growth Drivers

• Growing Number of Cardiac Surgeries– In the world, to treat various cardiac conditions around 2 million people undergo open-heart surgeries, every year. During cardiac surgery, patients may experience significant blood loss, requiring the replacement of fluids and blood products. Albumin is an ideal plasma expander as it helps restore blood volume and maintain hemodynamic stability.
• Increasing Use of Albumin in Cell Culture R&D Activities– Albumin is commonly included in cell culture media to provide essential nutrients, growth factors, and a stable environment for cell growth and maintenance. Moreover, it is also applied in the development of drug delivery systems, it employs albumin as a carrier or stabilizer. Its ability to bind and transport various substances makes it an excellent candidate for delivering drugs.
• Growing Development of Plant-Based Albumins– The demand for plant-based albumins is rising owing to the desire to reduce reliance on animal-derived products. Moreover, plant-based albumins offer the opportunity for customization and functional modification. The customization, includes, optimizing solubility, stability, and binding capabilities, which can be beneficial in various industrial processes and formulation. Moreover, researchers are developing new plant-based albumins by genetic engineering or optimizing plant sources.

Challenges

• Negative Reaction of Albumins – Although uncommon, some individuals may develop allergic reactions to albumin. These reactions can range from mild symptoms like skin, rash, itching, or hives to more severe effects, such as chest tightness, difficulty in breathing, or anaphylaxis. Allergic reactions are more likely in individuals with known allergies to albumin or other proteins. Moreover, Albumins have the potential to bind with certain drugs, affecting their distribution and efficacy.
• Tough Competition from other Substitutes
• Stringent Regulation Policies & Lack of Adequate Reimbursement