Plasma Derived Therapy Market Size & Share, by Product (Immunoglobulins, Coagulation Factors, Albumin); Application (Hemophilia, Primary Immunodeficiency Diseases, Idiopathic /Immune Thrombocytopenic Purpura (ITP) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 6099
  • Published Date: May 31, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Plasma Derived Therapy Market size was over USD 23 Billion in 2023 and is likely to reach USD 56 Billion by the end of 2036, witnessing around 8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of plasma derived therapy is assessed at USD 28 Billion.

The number of people suffering from rare diseases is growing to a great extent due to which demand for therapeutic treatments is increasing such as plasma-derived therapy. As per recent data provided by Global Genes, around 400 million people are suffering from rare diseases across the world and 95% of these diseases lack FDA approval for treatment.


Plasma Derived Therapy Market
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Plasma Derived Therapy Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing centers for plasma collection units - The number of plasma collection units is growing globally in addition to the rise in therapeutic treatments involving blood components. One of the major drivers of the plasma derived treatment market's expansion is the swiftly increasing need for plasma therapeutic procedures.

    Greater acceptability of these treatments has also resulted from individuals becoming more aware of the therapeutic choices that are accessible to them. According to WHO, around 118.5 million blood donations are collected across the world, 40% of these are composed of high-income countries, which are home to 16% of the world’s population.
     
  • Growing awareness and adoption of immunoglobulin - An increasing number of people in the healthcare industry are becoming aware of the sophisticated methods that use immunoglobulin to cure illnesses. As a result, immunoglobulin is now widely used to treat a variety of illnesses that are becoming more common in society.

    According to the latest report, the highest usage of immunoglobulin was found in adult patients having neurological, immunological, and hematological disorders. Moreover, in 2020, 91% (interquartile range 77%–99%) of immunoglobulin (IG) was prescribed as intravenous IG (IVIG) and 9% as subcutaneous Ig (SCIg) (IQR 4%–28%).
  • Increasing rate of genetic disorders - Genetic disorders occur due to mutation in genes and congenital abnormalities and are mainly observed in live births, and pediatric hospital admissions and cause the majority of childhood deaths in developed countries.

    Moreover, Thalassaemia and sickle-cell anemia deficiency are the most common single-gene disorders recorded worldwide. According to WHO, around 240,000 newborns die every year around the world within 28 days by cause of congenital disorders. In addition, congenital disorders caused a further 170,000 deaths of children among the ages of 1 month and 5 years in 2023.

Challenges

  • High cost of treatment procedures - The usage of modern treatment options surges the cost of treatment and further lands common people with additional pressure. Additionally, rapid changes in the facilities and schemes launched by the government to support the people economically have restricted the market’s growth.
     
  • Strict regulations set by the government - The government has imposed strict rules and regulations regarding the manufacturing and production of drugs and medicines that have challenged the growth of the plasma derived therapy market to a great extent. With the growing awareness among people regarding the side effects of various drugs and medicines, plasma-derived therapy needs to prove its efficacy by keeping the number of side effects to a minimum number.

Plasma Derived Therapy Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

8%

Base Year Market Size (2023)

USD 23 Billion

Forecast Year Market Size (2036)

USD 56 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Plasma Derived Therapy Segmentation

Product (Immunoglobulins, Coagulation Factors, Albumin)

Immunoglobulins segment is poised to hold over 49% plasma derived therapy market share by the end of 2036. The segment growth can be attributed to the people having an interest in this plasma-derived therapy due to the increasing demand for it. A large number of people are suffering from chronic diseases that are cured by this immunoglobulin plasma-derived component has been a notable reason for the market’s growth.

 Also, the increased research and development efforts by the major market players involved in the industry further drive the growth of the market. According to recent research, success rates of immune thrombocytopenia (ITP) vary from person to person but in adults with acute ITP, response rates of immunoglobulin are around 60%.

Application (Hemophilia, Primary Immunodeficiency Diseases, Idiopathic /Immune Thrombocytopenic Purpura (ITP)

By 2036, hemophilia segment is expected to hold more than 54% plasma derived therapy market share. The segment growth is associated with the surging number of cases distressed from hemophilia across the world, majorly in underdeveloped and developed countries. According to the Hemophilia Foundation Australia, this disease is reported to occur in 1 in 6,000-10,000 males internationally where around 1 in 6,000 males have hemophilia A and 1 in 25,000-30,000 males has hemophilia B.

Our in-depth analysis of the global market includes the following segments:

 

          Product

  • Immunoglobulin
  • Coagulation Factor
  • Albumin

          Application

  • Hemophilia
  •  Primary Immunodeficiency Diseases
  •  Idiopathic /Immune Thrombocytopenic Purpura (ITP)

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Plasma Derived Therapy Industry - Regional Synopsis

North American Market Statistics

In plasma derived therapy market, North America region is expected to capture around 34% revenue share by the end of 2036. The market growth in the region is also expected on account of the latest initiatives that are taken by the government and private bodies to encourage the therapeutic system that has helped the market to achieve new heights.

Moreover, the growing number of plasma collection units in this sector has emerged as a major factor that has boosted the plasma derived therapy market. As per the recent report, around 2,215,000 units (95% confidence interval (CI, 2,084,000–2,347,000 units) of plasma were transfused in the region. in 2021 resulting in an increase of 1.4% from 2019 when 2,185,000 plasma units were transfused. Additionally, with the growing frequency of chronic diseases risk of chronic wounds is increasing leading to the growing demand for cold plasma for treatment.  

The significant demand for plasma in the United States has strengthened the growth potential for key market players in the region for the growth of plasma-derived therapy. According to The American National Red Cross, around 5,000 units of platelets and 6.500 units of plasma are required on a daily basis in the U.S. 

The growing frequency of autoimmune disorders in Canada has led to the marked growth of plasma-derived therapy as it is one of the most effective in treating such disorders. According to the latest report, females have a higher frequency of autoimmune diseases (60.6% vs 34.4%, p<0.001) in the region. Additionally, around 4% of the world's population is affected by one of more than 80 different autoimmune diseases.

APAC Market Analysis

The Asia Pacific region will also encounter huge growth for the plasma derived therapy market during the forecast period and will hold the second position owing to the profitable opportunities in novel plasma therapy production. Additionally, the hospital sector is recording rapid growth due to advanced healthcare reforms, and a notable rise in accidents across the region led to the market growth of plasma-derived market growth.

According to WHO, 28% of global road traffic deaths occurred in the Southeast Asia Region. With more than 2 deaths occurring per minute and over 3200 per day, road traffic crashes remain the leading killer of children and youth aged 5–29 years. With the increasing number of accident cases, the demand for plasma is increasing parallelly.

China has made major contributions to the growth of the plasma market in the Asia-Pacific region and the use of plasma in many therapeutic treatments is now widely accepted by the population for the treatment of various diseases. China offers profitable opportunities ahead in the production of novel plasma therapies. As per the latest report, China has given plasma therapy to around 250 patients out of which 91 cases have shown improvement in symptoms and clinical indicators.

Increasing cases of peripheral nerve injury (PNI) in Japan are driving the market growth of plasma-derived therapies. Platelets-rich protein (PRP) therapy is introduced to the patients by integrating the latest technologies for repairing and rejuvenating the tissues damaged due to injury or chronic diseases.

Research Nester
Plasma Derived Therapy Market Size
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Companies Dominating the Plasma Derived Therapy Landscape

    The major players in the plasma derived therapy market are offering a detailed portfolio of demand for plasma-derived products. These companies are developing and delivering high-quality medicines and therapies using plasma that treat people with rare and serious diseases.

    • CSL Behring
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ADMA Biologics, Inc.
    • Bio Products Laboratory Ltd.
    • Biotest AG
    • Grifols, SA
    • Kedrion S.p.A
    • Octapharma AG
    • Pfizer Inc.
    • SK Plasma
    • Kamada Pharmaceuticals

In the News

  • CSL Behring company along with its partner Akebia Therapeutics, Inc. has announced that they have received U.S. Food and Drug Administration (FDA) approval for Vafseo (vadadustat) tablets which were given for the treatment of anemia caused due to chronic kidney disease (CKD) in adults who have been receiving dialysis for at least three months.
  • ADMA Biologics, Inc. received the United States Food and Drug Administration’s (FDA) approval for its supplemental Biologics License Applications (BLAs) for both ASCENIV and BIVIGAM to extend the approved 4-week room temperature (25°C) storage conditions during the first 24 months of shelf life, to allow for a 4-week room temperature storage at any time during the entire 36-month approved shelf life. 

Author Credits:  Radhika Pawar


  • Report ID: 6099
  • Published Date: May 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of plasma-derived therapy was over USD 23 billion.

The market size for plasma-derived therapy is projected to cross USD 56 billion by the end of 2036 expanding at a CAGR of 8% during the forecast period i.e., between 2024-2036.

The major players in the market are CSL Behring, ADMA Biologics, Inc., Bio Products Laboratory Ltd., Biotest AG, Grifols, SA, Kedrion S.p.A, Octapharma AG, Pfizer Inc., SK Plasma, Kamada Pharmaceuticals, and others.

The immunoglobulins segment is anticipated to garner a share/size of 49% during 2024-2036.

The North America plasma-derived therapy sector is poised to hold a 34% share by the end of 2036.
Plasma Derived Therapy Market Report Scope
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