Platelet and Plasma Market was valued at USD 20.5 Billion in 2022 and is projected to reach USD 35.8 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
Looking ahead, the demand for platelet and plasma products is projected to continue expanding from 2023 to 2033, driven by demographic trends such as an aging global population and rising healthcare needs. The increasing number of surgeries, cancer treatments, and emergency care incidents will create higher demand for blood products. Furthermore, advancements in blood processing technologies and the rise of automated collection methods are expected to streamline production and distribution, ensuring that the supply can meet this growing demand. Market growth will also be influenced by improvements in global healthcare access, particularly in developing regions, where healthcare infrastructure is rapidly expanding.
As the demand for platelet and plasma products rises, there are challenges to address. One of the key concerns is the potential for blood shortages, particularly in countries with low blood donation rates. To combat this, countries and organizations are focusing on encouraging voluntary blood donation and improving blood bank systems. Additionally, the development of synthetic alternatives to human plasma and platelets is being explored, though these technologies are still in the early stages of commercialization. Ethical concerns surrounding the sourcing of blood products and the potential for exploitation in low-income regions will also be a significant factor in market dynamics.
Global collaboration between blood banks, healthcare providers, and governments is expected to play a crucial role in overcoming these challenges and ensuring that the platelet and plasma supply meets the increasing demand. These partnerships will focus on both optimizing collection processes and expanding awareness campaigns to ensure a steady and ethical supply of blood products to those in need.
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The Platelet and Plasma Market experienced notable growth from 2018 to 2022, driven by advancements in medical technologies, an increasing demand for blood products, and improved healthcare infrastructure. The demand for platelets and plasma was fueled by their critical role in treating various medical conditions, including trauma, cancer treatments, and chronic illnesses. Platelets, vital for blood clotting, and plasma, rich in proteins, are essential in treatments for conditions like hemophilia and immune deficiencies. This period saw a steady rise in the global supply of blood donations and an increased awareness of their medical importance.
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America s Blood Centers
American Red Cross
American Association of Blood Banks
Blood Centers of America
Brazilian Red Cross
Canadian Red Cross
European Blood Alliance
French Red Cross
German Red Cross
Indian Red Cross
Italian Red Cross
Red Cross Society of China
Saudi Red Crescent Authority
South African Red Cross Society
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Platelet and Plasma Market
Hemophilia
Thrombocytopenia
Perioperative Indications
Platelet Function Disorders
Other Platelet Applications
Coagulation Factor Deficiencies
Thrombotic Thrombocytopenic Purpura
Hemorrhage
Liver Disease
Other Plasma Applications
Based on Types the Market is categorized into Below types that held the largest Platelet and Plasma market share In 2023.
Platelet
Plasma
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Platelet and Plasma Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Platelet and Plasma Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Platelet and Plasma Market, By Type
6. Global Platelet and Plasma Market, By Application
7. Global Platelet and Plasma Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Platelet and Plasma Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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