Healthcare Services

Global Convalescent Plasma Therapy Market Outlook, Opportunities And Strategies

November 26, 2021 by The Business Research Company

Learn about the global convalescent plasma therapy market through The Business Research Company, which provides information on convalescent plasma therapy market size, convalescent plasma therapy market drivers and restraints, convalescent plasma therapy market players, the COVID-19 impact on the convalescent plasma therapy market, and more.

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The global convalescent plasma therapy market is expected to grow from $0.026 billion in 2020 to $0.028 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The convalescent plasma therapy market is expected to reach $0.05 billion in 2025 at a CAGR of 16%.

Higher efficacy and safety evaluated during the trials conducted for CPT in COVID-19 patients are expected to drive innovation in convalescent plasma therapy, thus driving the market during the forecast period.

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The convalescent plasma therapy market consists of sales of convalescent plasma obtained from patients who have recovered from an infection. Convalescent plasma is the plasma collected from the recovered or convalesced people consisting of the antibodies against the infection causing microorganism. The revenue generated by the market includes the sales of convalescent plasma collected from people post-infection, which will be utilized for prophylaxis and treatment of infected patients with the respective microorganism. The companies engaged in the convalescent plasma market are primarily engaged in the collection and processing of convalesced plasma for the utilization by research institutes, laboratories, hospitals and clinics.

Global convalescent plasma therapy market segments include:

By Application: Prophylaxis, Treatment

By End-Users: Hospitals & Clinics, Laboratories & Research Institutes

By Antibody Type: IgM, IgG, IgA

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The development of antibody-based immunotherapy as a potential therapeutic intervention for COVID-19 shows opportunities for the convalescent plasma therapy market. Convalescent plasma therapy utilizes the antibodies produced against coronavirus by the donor to improve the immunity of the recipient. Companies are initiating trials, collaborating and investing for antibody-based COVID-19 therapy.

TBRC’s convalescent plasma therapy market report covers:

Major Market Players: Bio Farma, Grifols, Hilton Pharma, Biotest, BPL, LFB, Octapharma, CSL Behring, Takeda Pharmaceutical Company Limited, and Orthosera Kft.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Convalescent Plasma Therapy Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides convalescent plasma therapy market overviews, analyzes and forecasts market size, share, convalescent plasma therapy market players, convalescent plasma therapy market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s convalescent plasma therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Plasma Therapy Global Market Report 2021

Blood And Blood Components Global Market Report 2021

Blood Transfusion Diagnostics Global Market Report 2021

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