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(MoneyNewsWire.Net, October 24, 2017 ) The Europe Plasma Fractionation Market was worth USD 5.24 billion in 2016 and is projected to be growing at a CAGR of 6.10%, to touch USD 7.04 billion by 2021. Plasma Fractionation consists of screening ad fractionating procedure in which the blood is split into its constituents of the plasma and RBCs, WBCs and platelets. The plasma is studied for various deficiencies and replaced, or treatment is prescribed.
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Plasma is a necessary constituent of blood as it constitutes about 55% blood by volume and carries more than a thousand proteins and other substances like electrolytes, hormones which are required for the optimal function of the human body. Albumin is one of the major proteins which is replaced and also used to compensate during plasma exchange.
The growth of the Europe Plasma Fractionation Market is mainly driven by factors such as the increasing incidence of immune and bleeding disorders, growing incidence of Alpha-1 Antitrypsin deficiency and the rising use of immunoglobulins. Further, increasing aging population with related blood related ailments is set to promote market growth. However, adverse reactions associated with the use of plasma fractionation and transfer, high costs of plasma products and unfavourable reimbursement policies are the major constraints of market growth.
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The Europe Plasma Fractionation Market is segment on the basis of Product, Application, End User and Geography. Based on Product, the market is divided into Albumin, Immunoglobulin, Factor VIII, and Protease Inhibitors. Based on Application, the Plasma Fractionation Market is segmented into Neurology, Haematology, Rheumatology, Pulmonology, and Immunology. Based on the End User, it is categorized into Hospital and Clinical Laboratories.
Europe Plasma Fractionation Market Geographical Analysis
U.K
Spain
Germany
Italy
France
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Europe Plasma Fractionation Market Leaders' Analysis
Baxalta Incorporated
CSL Ltd.
Grifols S.A
Octapharma AG
Kedrion S.p.A
Bio Products Laboratory
Sanquin
China Biologic Products, Inc.
Biotest AG
Laboratoire Franηais du Fractionnement et des Biotechnologies
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