Platelet & plasma market is Likely to Witness huge Growth over 2020 – 2026

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Platelet and Plasma Market Size is expected to exceed USD 7.1 Bn by 2026. Favorable government initiatives to encourage blood donation among individuals will foster the overall market growth.

Asia Pacific platelet and plasma market accounted for over USD 1.7 Billion market value and is projected to experience substantial growth during the analysis period. Developing healthcare infrastructure couple will lead to a rise in plasma and platelet demand. Moreover, surging initiatives by several organizations such as the Indian Red Cross Society to create awareness for blood donation will foster the Asia Pacific market growth. 

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T Based on the component, the market is segmented into platelets and plasma. Plasma segment accounted for over 33% market share in 2019. Plasma can be used for the treatment of various diseases. Usage of plasma for individuals suffering from a burn, shock, along with liver disease and multiple clotting factor deficiencies will favor the segmental growth. The increasing prevalence of chronic and neurological diseases requiring plasma for treatment will augment the segmental progression.

Based on the application, the market is segmented into hemophilia, thrombocytopenia, platelet function disorders, thrombotic thrombocytopenic purpura, liver disease, hemorrhage, perioperative indications, among others. The hemorrhage segment is expected to account for around 2% CAGR during the analysis period. Hemorrhage refers to abnormal blood loss inside and outside the body. Postpartum hemorrhage (PPH) refers to a heavy loss of blood post-pregnancy. According to the World Health Organization (WHO), postpartum hemorrhage is one of the leading causes of maternal mortality in low-income countries. The demand for platelets and plasma for treatment of hemorrhage especially postpartum hemorrhage will propel the segmental growth. 

Browse key industry insights spread across 110 pages with 83 market data tables & 8 figures & charts from the report, “Platelet And Plasma Market Size By Component (Platelets, Plasma), By Application (Hemophilia, Thrombocytopenia, Perioperative Indications, Platelet Function Disorders, Coagulation Factor Deficiencies, Thrombotic Thrombocytopenic Purpura, Hemorrhage, Liver Disease), By Distribution Channel (Hospitals, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
Some of the prominent business players operating in platelet and plasma industry include America’s Blood Centers, American Association of Blood Banks, American Red Cross, European Blood Alliance, Indian Red Cross, Blood Centers of America, Japanese Red Cross, South African Red Cross Society, Italian Red Cross, and OneBlood. These market players are focusing on developing innovative services to encourage blood donation



Some major findings of the platelet and plasma market report include:


·         Increasing number of blood transfusions will favor the platelet and plasma market growth
·         Advances in therapeutic protein drug development along with rising demand for advanced therapies for treatment of several diseases will augment the market growth globally
·         Exclusive use of plasma for treatment of rare diseases in Europe will accelerate the platelet and plasma market growth
·         Favorable reimbursement scenario in developed countries will enhance the platelet and plasma business growth
·         Increasing funds for the improvement of blood storage infrastructure in North America promotes the regional platelet and plasma market growth


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