The Plasma Protein Therapeutics Market for the historical period 2017–2018 and forecast period 2019–2027, Growing Investment in Innovation, Rising Demand for Immunoglobulin (IG), Rising Indications and Therapeutic use of Plasma Derived Protein Therapeutics are projected to drive the plasma protein therapeutics market
According to the report, the Plasma Protein Therapeutics Market was valued at US$ 22.41 Bn in 2018 and is projected to expand at a CAGR of 7.0% from 2019 to 2030
Growing Investment in Innovation: Key Drivers
Quality and advancements have been the success drivers of the plasma protein industry in order to increase the quality of life of patients and to guarantee donor safety. Plasma acquired via apheresis technology or complete blood donation processing can either be assembled or fractionated into plasma protein products that comprise one or more purified plasma protein or transfused directly to patients.
The plasma protein industry has been investing in research and development of new plasma proteins therapies (e.g.: Ceruloplasmin, IgA, Plasmin) leading to innovative treatments for the benefits of patients. In March 2016, Grifols announced that it will invest US$ 360 Mn to expand production capabilities for plasma-derived therapies. The investment will increase the plasma fractionation capacity and purification of several proteins.
This has been also evident from advancements such as the product presentations (e.g. subcutaneous IG, IVIG 10% concentration, and IVIG liquid presentation), manufacturing process (e.g. improvement of yield), added virus elimination technologies (e.g. nanofiltration), and development of new plasma proteins (e.g. protein C and purified factor V)
Technological advancements in efficient and cost-effective procedures for fractionating proteins from plasma are anticipated to boost the plasma protein therapeutic market. According to the World Health Organization, global blood donation come from the high income countries, i.e., more than half of the 108 million, which is the home for 18% of the world’s population.
Rising incidence of over 200 life threatening diseases affecting immune or neurological system such as chronic inflammatory demyelinating polyneuropathy (CIPD), multifocal motor neuropathy (MMN), ideopathic thrombocytopenic purpura (ITP), and other infectious diseases including hepatitis A&B, rabies, tetanus, and varicella is driving the market.
Rising Demand for Immunoglobulins (IG)
The number of clinical indications for IG has been increasing. IG has become an important treatment option in a number of clinical indications beyond primary immunodeficiency, including autoimmune and acute inflammatory conditions. Also, off-label prescribing has crossed over into almost every medical specialty. Chronic use of off-label prescribing in some indications, particularly for the treatment of some neurological illnesses, in addition to immune deficiencies is increasing demand for IG.
Plasma-derived IG is used for a wide range of autoimmune and inflammatory diseases. Increased recognition and treatment of immune deficiencies in developing world have added to the global demand for IG. However, increased use of high dose therapy, particularly in autoimmune neurologic diseases is the major reason for the continued strong growth in demand for IG products.
Widespread off-label use of IG demonstrates use of large volume of plasma. Examples of most common off-label uses for IVIG in the U.S. are multifocal motor neuropathy (MMN), acute panautonomic polyneuropathy, hemolytic disease of the newborn, autoimmune mucocutaneous blistering diseases, and acute cardiomyopathy.
The clinical demand for these medicines has increased in the past few years and the trend is likely to continue due to constant improvement in diagnosis and improved life-expectancy
Stringent Regulation and Reimbursement Issues Threat to Hamper Market
The plasma collection standards in emerging countries do not match those required by the fractionators. These regions follow strict rules and regulations regarding the quality of their operations, starting with the quality of the raw material. Specific fractionators are designed for plasma. For instance, the European health authorities require that the plasma pool for fractionation be tested for HIV, hepatitis A, B and C, and Parvovirus B. The blood collected by many centers is often unable to comply with these regulations, causing some recovered plasma to be unused.
Health budgets have been subjected to growing pressures. Funding through reimbursement pathways from private and public payers has come under inspection and it has drawn plasma protein therapies into the landscape of Health Technology Assessments (HTA), including the possible application of cost-utility analysis (CUA) in the distribution of reimbursement funds. Given the high cost of the therapies and the comparatively nascent nature of many of the indications, application of these tools of health economics can constraint the supply of products for patients in genuine need.
Regulatory and quality policies affect every step of the plasma protein therapy lifecycle, which includes donor safety, quality and compliance, biological license application process, therapy safety and efficacy, and pharmacovigilance. For example, licensing and inspecting of plasma collection centers and plasma protein therapy manufacturing facilities can be tedious and time consuming.
Plasma protein therapies used by Medicare beneficiaries predominately are reimbursed through Medicare Part B, which covers physician-administered therapies. In addition to being a complex technology, prices of raw materials and multiple safety measures contribute to the cost of these products. Hence, it is essential that reimbursement for plasma protein therapies is sufficient to maintain access.
Plasma Protein Therapeutics Market: Competitive Landscape
This report profiles major players in the plasma protein therapeutics market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
The plasma protein therapeutics market is fragmented, with the presence of a number of international as well as regional players
Various players operating in the plasma protein therapeutics market are
Key Questions Answered in Global Plasma Protein Therapeutics Market Report
Global Plasma Protein Therapeutics Market- Segmentation
Product
Application
Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Plasma Protein Therapeutics Market
4. Market Overview
4.1. Introduction
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Plasma Protein Therapeutics Market Analysis and Forecast, 2017–2030
4.4.1. Market Revenue Projections (US$ Mn)
4.5. Porter’s Five Force Analysis
5. Key Insights
5.1. Pipeline Analysis
5.2. Phase 1 and Phase 2 Drugs (Qualitative Analyses)
5.3. Phase 3 Drugs (Quantitative)
6. Global Plasma Protein Therapeutics Market Analysis and Forecast, by Product
6.1. Introduction & Definition
6.1.1. Key Findings / Developments
6.2. Global Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
6.2.1. Immunoglobulin
6.2.2. Albumin
6.2.3. Coagulation Factor
6.2.4. C1-esterase inhibitors
6.2.5. Others
6.3. Global Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
6.3.1. Hemophilia
6.3.2. Primary Immunodeficiency Disorder (PID)
6.3.3. Idiopathic Thrombocytopenic Purpura
6.3.4. Secondary Immunodeficiency
6.3.5. Hereditary Angioedema
6.3.6. Other Indications
6.4. Global Plasma Protein Therapeutics Market Attractiveness, by Product
6.5. Global Plasma Protein Therapeutics Market Attractiveness, by Application
7. Global Plasma Protein Therapeutics Market Analysis and Forecast, by Region
7.1. Key Findings
7.2. Global Plasma Protein Therapeutics Market Value Forecast, by Region
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. Middle East & Africa
7.3. Global Plasma Protein Therapeutics Market Attractiveness, by Region
8. North America Plasma Protein Therapeutics Market Analysis and Forecast
8.1. Introduction
8.1.1. Key Findings
8.2. North America Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
8.2.1. Immunoglobulin
8.2.2. Albumin
8.2.3. Coagulation Factor
8.2.4. C1-esterase inhibitors
8.2.5. Others
8.3. North America Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
8.3.1. Hemophilia
8.3.2. Primary Immunodeficiency Disorder (PID)
8.3.3. Idiopathic Thrombocytopenic Purpura
8.3.4. Secondary Immunodeficiency
8.3.5. Hereditary Angioedema
8.3.6. Other Indications
8.4. North America Plasma Protein Therapeutics Market Value (US$ Mn) Forecast, by Country, 2017–2030
8.4.1. U.S.
8.4.2. Canada
8.5. North America Plasma Protein Therapeutics Market Attractiveness Analysis
8.5.1. By Product
8.5.2. By Application
8.5.3. By Country
9. Europe Plasma Protein Therapeutics Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
10. Europe Plasma Protein Therapeutics Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Europe Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
10.2.1. Immunoglobulin
10.2.2. Albumin
10.2.3. Coagulation Factor
10.2.4. C1-esterase inhibitors
10.2.5. Others
10.3. Europe Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
10.3.1. Hemophilia
10.3.2. Primary Immunodeficiency Disorder (PID)
10.3.3. Idiopathic Thrombocytopenic Purpura
10.3.4. Secondary Immunodeficiency
10.3.5. Hereditary Angioedema
10.3.6. Other Indications
10.4. Europe Plasma Protein Therapeutics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2030
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Europe Plasma Protein Therapeutics Market Attractiveness Analysis
10.5.1. By Product
10.5.2. By Application
10.5.3. By Country/Sub-region
11. Asia Pacific Plasma Protein Therapeutics Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Asia Pacific Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
11.2.1. Immunoglobulin
11.2.2. Albumin
11.2.3. Coagulation Factor
11.2.4. C1-esterase inhibitors
11.2.5. Others
11.3. Asia Pacific Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
11.3.1. Hemophilia
11.3.2. Primary Immunodeficiency Disorder (PID)
11.3.3. Idiopathic Thrombocytopenic Purpura
11.3.4. Secondary Immunodeficiency
11.3.5. Hereditary Angioedema
11.3.6. Other Indications
11.4. Asia Pacific Plasma Protein Therapeutics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2030
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Asia Pacific Plasma Protein Therapeutics Market Attractiveness Analysis
11.5.1. By Product
11.5.2. By Application
11.5.3. By Country/Sub-region
12. Latin America Plasma Protein Therapeutics Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Latin America Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
12.2.1. Immunoglobulin
12.2.2. Albumin
12.2.3. Coagulation Factor
12.2.4. C1-esterase inhibitors
12.2.5. Others
12.3. Latin America Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
12.3.1. Hemophilia
12.3.2. Primary Immunodeficiency Disorder (PID)
12.3.3. Idiopathic Thrombocytopenic Purpura
12.3.4. Secondary Immunodeficiency
12.3.5. Hereditary Angioedema
12.3.6. Other Indications
12.4. Latin America Plasma Protein Therapeutics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2030
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America Latin America
12.5. Latin America Plasma Protein Therapeutics Market Attractiveness Analysis
12.5.1. By Product
12.5.2. By Application
12.5.3. By Country/Sub-region
13. Middle East & Africa Plasma Protein Therapeutics Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Middle East & Africa Plasma Protein Therapeutics Market Value Forecast, by Product, 2017–2030
13.2.1. Immunoglobulin
13.2.2. Albumin
13.2.3. Coagulation Factor
13.2.4. C1-esterase inhibitors
13.2.5. Others
13.3. Middle East & Africa Plasma Protein Therapeutics Market Value Forecast, by Application, 2017–2030
13.3.1. Hemophilia
13.3.2. Primary Immunodeficiency Disorder (PID)
13.3.3. Idiopathic Thrombocytopenic Purpura
13.3.4. Secondary Immunodeficiency
13.3.5. Hereditary Angioedema
13.3.6. Other Indications
13.4. Middle East & Africa Plasma Protein Therapeutics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2030
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Middle East & Africa Plasma Protein Therapeutics Market Attractiveness Analysis
13.5.1. By Product
13.5.2. By Application
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Mergers & Acquisitions (M&A)
14.2. Funding
14.3. Company Profiles
14.3.1. Dexcom, Inc.
14.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.1.2. Growth Strategies
14.3.1.3. SWOT Analysis
14.3.2. Apple, Inc.
14.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.2.2. Growth Strategies
14.3.2.3. SWOT Analysis
14.3.3. FitBit, Inc.
14.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.3.2. Growth Strategies
14.3.3.3. SWOT Analysis
14.3.4. Withings
14.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.4.2. Growth Strategies
14.3.4.3. SWOT Analysis
14.3.5. Proteus Digital Health
14.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.5.2. Growth Strategies
14.3.5.3. SWOT Analysis
14.3.6. Omada Health, Inc.
14.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.6.2. Growth Strategies
14.3.6.3. SWOT Analysis
14.3.7. WellDoc, Inc.
14.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.7.2. Growth Strategies
14.3.7.3. SWOT Analysis
14.3.8. Livongo Health
14.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.8.2. Growth Strategies
14.3.8.3. SWOT Analysis
14.3.9. Noom, Inc.
14.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.9.2. Growth Strategies
14.3.9.3. SWOT Analysis
14.3.10. Ginger.io, Inc.
14.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.10.2. Growth Strategies
14.3.10.3. SWOT Analysis
14.3.11. Propeller Health
14.3.11.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.11.2. Growth Strategies
14.3.11.3. SWOT Analysis
14.3.12. 2Morrow, Inc.
14.3.12.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.12.2. Growth Strategies
14.3.12.3. SWOT Analysis
14.3.13. Canary Health
14.3.13.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.13.2. Growth Strategies
14.3.13.3. SWOT Analysis
14.3.14. Mango Health
14.3.14.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.14.2. Growth Strategies
14.3.14.3. SWOT Analysis
14.3.15. BiogeniQ Inc.
14.3.15.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.15.2. Growth Strategies
14.3.15.3. SWOT Analysis
14.3.16. Twine Health, Inc.
14.3.16.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.16.2. Growth Strategies
14.3.16.3. SWOT Analysis
14.3.17. Glooko, Inc.
14.3.17.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.17.2. Growth Strategies
14.3.17.3. SWOT Analysis
14.3.18. Firstbeat Technologies Ltd
14.3.18.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.18.2. Growth Strategies
14.3.18.3. SWOT Analysis
14.3.19. Claritas MindSciences
14.3.19.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.19.2. Growth Strategies
14.3.19.3. SWOT Analysis
14.3.20. Big Health
14.3.20.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.20.2. Growth Strategies
14.3.20.3. SWOT Analysis
14.3.21. Dthera Sciences
14.3.21.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.21.2. Growth Strategies
14.3.21.3. SWOT Analysis
14.3.22. Virta Health Corp
14.3.22.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.22.2. Growth Strategies
14.3.22.3. SWOT Analysis
14.3.23. Zest Health, LLC
14.3.23.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.23.2. Growth Strategies
14.3.23.3. SWOT Analysis
14.3.24. Meru Health, Inc.
14.3.24.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.24.2. Growth Strategies
14.3.24.3. SWOT Analysis
14.3.25. HealthMine, Inc.
14.3.25.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.25.2. Growth Strategies
14.3.25.3. SWOT Analysis
14.3.26. Pear Therapeutics, Inc.
14.3.26.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.26.2. Growth Strategies
14.3.26.3. SWOT Analysis
14.3.27. BioTelemetry, Inc.
14.3.27.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.27.2. Growth Strategies
14.3.27.3. SWOT Analysis
14.3.28. Blue Mesa Health
14.3.28.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.28.2. Growth Strategies
14.3.28.3. SWOT Analysis
14.3.29. Digital Therapeutics
14.3.29.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.29.2. Growth Strategies
14.3.29.3. SWOT Analysis