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(Medical-NewsWire.com, September 25, 2017 ) The Asia-Pacific Plasma Protein Therapeutics Market is currently estimated at $2.88 Billion in 2015 and is forecasted to reach USD 4.29 Billon by 2020 with a significant CAGR of 8.3% in the review period. Recent years have witnessed the emergence of plasma proteins being used in the medical applications. The process of fractionating protein from plasma has become more efficient and cost saving with the technology advancements adding a significant boost to the market.
Plasma is a fluid rich with proteins and play an important role in providing immunity and blood clotting. Extracting the proteins in plasma can be helpful in carrying out medical therapies for immune deficiencies, autoimmune, bleeding and neurological disorders. These therapies treat the medical conditions by replacing the missing or deficient proteins in plasma. The treatment through plasma protein therapies involves the infusion or injection of the biological medicine to cure life-threatening chronic and genetic diseases.
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Introduction of new plasmaderived therapies in the market is the key driving force for the market along with a host of others drivers that include increasing prevalence of life threatening diseases involving neurological or immune systems like chronic inflammatory demyelinating polyneuropathy (CIPD), Ideopathic thrombocytopenic purpura (ITP) and other diseases such as Rabies, Hepatitis A&B, Tetanus and varicella. However, there are few hurdles the market must overcome to sustain in the future which including reimbursement issues, stringent regulatory policies and complexities in manufacturing
The Asia-Pacific Plasma Protein Therapeutics Market is segmented by the product type as Coagulation Factors, Immunoglobulins, alpha-1 proteinase inhibitor, albumin and others. By application the market is segmented as Secondary Immunodeficiency, Primary Immunodeficiency Disorder, Hemophilia, Idiopathic Thrombocytopenic Purpura and others. On the geographical bases the Asia-Pacific region is segmented as China, India, Japan, South Korea and Australia.
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The key companies in the market for plasma protein therapeutic market are Grifols, CSL Behring, China Biologics, Biotest, Baxter, Kedrion, Shire Plc., Octapharma and Chengdu Inst.
Market Segmentation
1) By Type
Immunoglobulins
Albumin
Coagulation Factors
Alpha-1 proteinase inhibitor
Others
2) By Application
Hemophilia
Primary Immunodeficiency Disorder
Idiopathic Thrombocytopenic Purpura
Secondary Immunodeficiency
Others
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