Plasma expanders market is anticipated to grow at a significant CAGR during the forecast period . Plasma expanders are agents with relatively high molecular weight. It boosts the plasma volume by increasing the osmotic pressure and are used for the treatment of patients who have suffered hemorrhage or shock. This may be necessary owing to the low oxygen saturation of cell tissues that decrease the supply of nutrients throughout the body such as glucose and oxygen. The major factor for the growth of the market during the forecast period is the increasing prevalence of CVD as well as chronic disorders such as hypertension and diabetes.
According to the International Diabetes Federation (IDF), in 2021, approximately 537 million adults aged 20-79 years has diabetes globally with 3 in 4 adults with diabetes living in low- and middle-income countries with a mortality rate of 6.7 million people globally. Additionally, the total number of people living with diabetes is anticipated to rise to 643 million by 2030 and 783 million by 2045. Moreover, almost 1 in 2 (240 million) adults living with diabetes are undiagnosed. Hence, the rising chronic disease such as diabetes is driving the demand for plasma expanders which in turn is driving the global plasma expanders market.
Some major players in the market include Pfizer Inc., Biogen Inc., and Kedrion Biopharma, among others. The market players are contributing significantly to the growth of the global plasma expanders market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in April 2021, Terumo Blood and Cell Technologies and CSL Plasma announced a collaboration to deliver a new plasma collection platform at CSL Plasma US collection centres.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Pfizer Inc., Biogen Inc., and Kedrion Biopharma, among others.
Plasma Expanders Market Report Segment
By Type
- Dextran
- Hydroxyethyl Starch
- Human Albumin
- PEGylated Albumin
- Polyvinylpyrrolidone (PVP)
- Gelatin
By Application
- Online Pharmacies
- Retail Pharmacies
- Hospital Pharmacies
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Plasma Expanders Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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