Plasma Expander Market
The Plasma Expander Market is expected to grow from USD 26.50 Billion in 2022 to USD 40.28 Billion by 2030, at a CAGR of 6.50% during the forecast period.
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Plasma Expander Market Size
Plasma Expander is a solution used to increase the volume of blood plasma. The Plasma Expander market research report segments the market based on type (Dextran, Hydroxyethyl Starch, Human Albumin, PEGylated Albumin, Polyvinylpyrrolidone (PVP), Gelatin), application (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies), region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe) and market players (Biogen, Kedrion Biopharma, CSL Behring, Takeda, Grifols, Pfizer, Abbott, Bayer, BioTime, Braun, Fresenius Kabi). The report also covers regulatory and legal factors specific to market conditions. The market is driven by rising demand for plasma expanders due to a surge in the number of surgeries and increasing prevalence of chronic diseases. The report highlights the high cost of raw materials and stringent regulatory requirements as key challenges for market growth. North America dominates the Plasma Expander market due to the presence of major market players and advancements in medical technology. The report presents key players with their company profiles, product portfolio, business strategies and recent developments. The major players in the market are focusing on expanding their product portfolio to enhance their market presence.
Plasma Expander Market Key Players
Biogen
Kedrion Biopharma
CSL Behring
Takeda
Grifols
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Plasma Expander Market Segment Analysis
The latest trends followed by the Plasma Expander market include the development of novel formulations and the adoption of packaging innovations to enhance the storage and transport of the product. Moreover, the growing trend of using blood substitutes and artificial products to reduce dependency on human blood transfusions is boosting the demand for plasma expanders in the market.
n conclusion, the Plasma Expander market has a significant target market and is driven by several factors, including the rising incidence of chronic diseases, surgical procedures, and trauma cases. The latest trends in the market include the development of novel formulations, packaging innovations, and the use of blood substitutes. However, the market faces several challenges, including stringent regulatory norms, product recalls, and side effects associated with certain products. The main findings and recommendations of the report emphasize the need for innovation, safety, affordability, and research and development in the Plasma Expander market.
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KEY PRODUCT APPLICATION COVERED
Online Pharmacies
Retail Pharmacies
Hospital Pharmacies
KEY PRODUCT TYPES COVERED
Dextran
Hydroxyethyl Starch
Human Albumin
PEGylated Albumin
Polyvinylpyrrolidone (PVP)
Gelatin
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