South Korea Plasma Collection Devices Market was valued at USD 0.40 Billion in 2022 and is projected to reach USD 0.65 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The Plasma Collection Devices Market in South Korea is experiencing rapid growth, driven by increasing demand from various industries, including healthcare, biotechnology, and pharmaceuticals. The need for plasma, essential for creating life-saving therapies and treatments, is propelling this market forward. With advancements in technology and a growing focus on public health, South Korea is becoming a key player in the global plasma collection devices market.
At the heart of this growth are plasma collection devices, which are used to safely and efficiently collect blood plasma from donors. These devices play a crucial role in ensuring the quality and quantity of plasma, which is used for the production of immunoglobulins, clotting factors, and other critical products for treating diseases such as hemophilia and immune deficiencies.
The demand for plasma collection devices in South Korea is primarily driven by the healthcare industry's need for reliable and efficient plasma collection methods. Hospitals and blood banks are investing in advanced equipment to streamline the plasma collection process, ensuring better donor safety and higher yields. Additionally, biotechnology companies are increasingly adopting these devices for research purposes, as plasma is a valuable resource for developing new biotherapies.
South Korea’s well-established healthcare infrastructure and the government's strong support for the biotechnology sector have created a favorable environment for the plasma collection devices market to thrive. The country’s commitment to medical research and technological advancements also plays a significant role in driving demand for these devices.
The plasma collection devices market is also influenced by the increasing number of plasma donation centers across the country. These centers are equipped with state-of-the-art technology to ensure the collection process is both efficient and safe. As the need for plasma continues to grow globally, South Korean manufacturers of plasma collection devices are positioning themselves as key players in the international market.
With the rise of medical tourism and the growing popularity of plasma donation, the South Korean plasma collection devices market is expected to continue expanding, providing new opportunities for innovation and growth in the years to come.
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Terumo BCT
Fresenius Kabi
Haemonetics
Asahi Kasei Medical
Nikkiso
B. Braun
Miltenyi Biotec
Kaneka Medix
Nigale
Haier Biomedical
Scinomed
Medica SPA
Dahua Medical Instrument
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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 South Korea Plasma Collection Devices Market
Plasma Collection Kits
Plasma Collection Machines
Plasma Storage Systems
Hospitals
Blood Banks
Plasma Collection Centers
Research Institutions
Continuous Flow Centrifugation
Intermittent Flow Centrifugation
Membrane Filtration
Plasma Donation
Plasma Therapeutics
Plasma Fractionation
Clinical Research
Blood Bags
Centrifuges
Filters
Needles & Syringes
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Plasma Collection Devices 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. South Korea Plasma Collection Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Plasma Collection Devices Market, By Type
6. South Korea Plasma Collection Devices Market, By Application
7. South Korea Plasma Collection Devices Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Plasma Collection Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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