Europe Plasma Fractionation Market Emerging Technologies, and Growth by Forecast to 2028

The Europe Plasma Fractionation Market is expected to grow from US$ 6,824.67 million in 2021 to US$ 10,402.95 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. Increasing geriatric population, increasing use of immunoglobulins in various therapeutic areas such as neurology, hematology, rare genetic disorders and autoimmune disorders along with growing demand for plasma derived therapies for management of diseases are all expected to boost plasma fractionation market in rest of Europe. Furthermore, various companies in Europe are investing more on research and development activities to develop and launch novel approaches in plasma therapies for management of diseases.

Europe Plasma Fractionation Market Overview

The Europe plasma fractionation market, encompassing Germany, France, the UK, Spain, Italy, and other European nations, holds a significant global share and is projected for substantial growth. This growth is driven by several factors: an aging population, increased utilization of immunoglobulins for chronic disease treatment, a rising prevalence of immune and bleeding disorders, and the expansion of plasma therapies for disease management.

The COVID-19 pandemic has had a mixed impact on the market. While the focus on COVID-19 research and the adoption of convalescent plasma therapy for critically ill patients (supported by agencies like ANSM in France and recommendations from the European Commission) provided a positive boost, the overall shift in medical practice towards COVID-19 and the prioritization of COVID-19 treatment development by pharmaceutical and biopharmaceutical companies negatively impacted the treatment of other disorders, potentially hindering market growth in certain segments.

Europe Plasma Fractionation Market Segmentation

Europe Plasma Fractionation Market -By Product

• Immunoglobulin

  • Intravenous Immunoglobulin (IVIG)

  • Subcutaneous Immunoglobulin (SCIG)

• Albumin

• Coagulation Factor Concentrates

• Protease Inhibitors

• Other

Europe Plasma Fractionation Market - By Application

• Neurology

• Immunology

• Hematology

• Critical Care

• Pulmonology

• Others

Europe Plasma Fractionation Market - By End User

• Hospitals and Clinics

• Clinical Research Laboratories

• Academic Institutes

Europe Plasma Fractionation Market - By Country

• France

• Germany

• Italy

• Spain

• UK

• Rest of Europe

Europe Plasma Fractionation Market - Company Profiles

• Bharat Serums and Vaccines Limited (BSV)

• Bio Products Laboratory Ltd.

• Biotest AG.

• CSL Limited

• Grifols, S.A.

• Kedrion S.p.A

• Octapharma AG

• Sanquin

• SK Plasma

Strategic Insights for the European Plasma Fractionation Market

Data-driven strategic insights are crucial for navigating the European plasma fractionation market. These insights offer a comprehensive analysis of the industry landscape, including current trends, key players, and regional variations. By identifying untapped market segments and developing unique value propositions, stakeholders can gain a competitive edge. Leveraging data analytics enables anticipation of market shifts, a critical factor for investors, manufacturers, and other industry participants. A forward-looking approach is essential for long-term success in this dynamic market. Ultimately, these strategic insights empower informed decision-making, driving profitability and achieving business objectives within the Europe plasma fractionation market.

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights