Plasma Fractionation Market Size, Share & Future Trends

Healthcarenews18 Apr, 2024Business

The plasma fractionation market is projected to grow significantly, reaching USD 40.4 billion by 2028, up from USD 29.0 billion in 2023. The market is set to expand at a compound annual growth rate (CAGR) of 6.9% during the forecast period. This growth is driven by various factors such as the increasing use of immunoglobulins in therapeutic fields, strategic expansion of plasma collection centers, and rising cases of respiratory diseases like alpha-1-antitrypsin deficiency (AATD) and chronic obstructive pulmonary disease (COPD).