Global Platelet and Plasma Market Size is expected to be worth roughly USD 8.8 Billion by 2030, growing at a CAGR of more than 3.5% during the projected timeframe of 2022-2030, according to Ameco Research
The platelet and plasma market size is a growing industry as these products are essential for a range of medical treatments. There has been an increase in demand for platelets and plasma in recent years due to a number of factors, including an aging population, an increase in the prevalence of chronic diseases, and an increase in the number of surgical procedures being performed. Additionally, advances in technology have made it easier to collect, process, and store platelets and plasma, which has also contributed to the growth of the market.
Platelets, also known as thrombocytes, are small blood cells that are involved in the clotting process. They are often used in the treatment of bleeding disorders, as well as to support wound healing and tissue repair. Plasma, on the other hand, is the straw-colored liquid portion of blood that contains proteins, including clotting factors, antibodies, and enzymes. It is used in a variety of medical treatments, including the treatment of bleeding disorders, shock, and burns. Overall, the platelet and plasma market value is expected to continue to grow in the coming years due to increasing demand and advances in technology.
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Global Platelet and Plasma Market Trends
The platelet and plasma market refers to the industry involved in the collection, processing, and distribution of platelets and plasma for medical use. Platelets are small, disc-shaped cells found in the bloods that are involved in the clotting process. They are used in the treatment of bleeding disorders, as well as to support wound healing and tissue repair. Plasma is the straw-colored liquid portion of blood that contains proteins, including clotting factors, antibodies, and enzymes. It is used in a variety of medical treatments, including the treatment of bleeding disorders, shock, and burns.
The platelet and plasma market includes a range of stakeholders, including blood banks and collection centers, manufacturers of platelet and plasma products, hospitals and clinics, and regulatory agencies. These organizations work together to ensure a reliable supply of platelets and plasma for medical use. The market is regulated by national and international agencies to ensure the safety and quality of these products.
Increasing Incidence of Chronic Diseases Drives the Platelet And Plasma Market Growth
The growing prevalence of chronic diseases drives the platelet and plasma Market since these disorders frequently necessitate the usage of blood products such as platelets and plasma for treatment. Chronic diseases, such as cancer, diabetes, and cardiovascular diseases, are on the rise globally due to factors such as aging populations, unhealthy lifestyles, and pollution. These conditions may increase the demand for platelets and plasma for treatment. For example, cancer patients may require platelets and plasma to help their blood clot during chemotherapy, which can affect their ability to produce blood cells. Platelets and plasma can also be used to treat patients with bleeding disorders or to replace blood loss during surgery. Overall, the increasing incidence of chronic diseases is a key driver for the platelet and plasma market as it leads to an increased demand for these blood products for treatment.
Platelet and Plasma Market Segmentation
Ameco Research has fragmented the global platelet and plasma market by component, application, and distribution channel. By component, the industry is sub-divided into plasma, and platelets. Based on the application, the industry is categorized into (hemophilia, platelet function disorders, perioperative indications, thrombocytopenia, and other platelet applications) and (coagulation factor deficiencies, hemorrhage, thrombotic thrombocytopenic purpura, liver disease, and other plasma applications).
In term of distribution channel, the market is classified into ambulatory surgical centers, hospitals, and others. According to the platelet and plasma market forecast, the hospitals segment is predicted to grow extensively in the global market over the next few years.
Platelet and Plasma Market Regional Outlook
The global platelet and plasma market is divided into several geographical regions: North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. According to a platelet and plasma industry analysis, the Asia-Pacific region is predicted to grow rapidly in the market over the next few years. The Asia-Pacific region's growth can be attributed to the rising prevalence of chronic diseases, increased demand for blood products, and a scarcity of blood donors. The Asia-Pacific area is experiencing an increase in the prevalence of chronic diseases such as cancer and cardiovascular disease, which is driving up demand for platelets and plasma for treatment. Furthermore, the Asia-Pacific region's need for blood products, such as platelets and plasma, is rising due to an increase in the number of surgeries, trauma cases, and other medical operations that necessitate blood transfusions.
Platelet and Plasma Market Market Companies
Some of the most notable worldwide platelet and plasma market players are Blood Centers of America, Saudi Red, Indian Red Cross Society, Spanish Red Cross, America’s Blood Centers, European Blood Alliance, Japanese Red Cross Society, Crescent Authority, Arthrex, Inc., AdiStem Ltd., American Red Cross, Red Cross Society of China, and South Africa Red Cross Society.
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