The Blood Plasma market is expected to grow from USD 31.67 billion in 2019 to USD 62.82 billion by 2026 at a CAGR of 10% from 2020 to 2026.
Plasma is the fluid part of the blood. Plasma is the flexible part and makes around 55% of the blood. Plasma is the composite blend of in excess of 700 proteins and different substances which are fundamental for the proficient working of the human body. Plasma helps in controlling body temperature and pulse. It fills in as a medium for trade of proteins, supplements and hormones to the diverse parts of the body. Clotting factor, albumin and immunoglobulin are some of the major proteins found in plasma.
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The global Blood Plasma market has been segmented as below:
By Product
Immunoglobulin
Albumin
Protease Inhibitors
Coagulation Factor Concentrates
Others
By Application
Hospitals and Clinics
Research Laboratories
Academic Institutions
By Region
North America
Europe
Asia-Pacific
Rest of the World
Competitive Rivalry
Baxter International, CSL, Grifols, Octapharma, ADMA Biologics, Cerus Corp, Sanquin, Shanghai Raas, TCS Biosciences, and others are among the major players in the global Blood Plasma market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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