Monday, 9 November 2020

Healthcare Personal Protection Equipment Industry Overview By Growth Factors, Product Chain Value, Competitors Analysis And Forecast 2027

 Global Healthcare Personal Protection Equipment Market is expected to cross USD 10.116 Billion by 2027 at a CAGR of 9.17%.  

Market Synopsis

Personal Protective Equipment (PPEs) are protective gear designed to safeguard the health of workers by minimizing the exposure to a biological agent. It is one of the necessary tools in preventing transmission of infectious diseases not only in treatment centers but also in various activities, e.g. cleaning, waste management and safe burials, and community care related to the outbreak. Components of PPE are goggles, face-shield, mask, gloves, coverall/gowns (with or without aprons), head cover, shoe cover, and others.

Impact of Covid-19 Outbreak on Healthcare Personal Protection Equipment Market

Healthcare Personal Protection Equipment (PPE) are protective gears that are designed to safeguard the workers by minimizing the exposure to a biological agent. PPE helps healthcare workers to fight against novel coronavirus (COVID-19). The World Health Organization (WHO) has recommended several governments worldwide to increase the production of masks, gloves, respirators, and coveralls/gowns. It also recommended that PPE manufacturers must increase their production by 40% and prioritizing their orders to countries with a high demand-supply gap.   

Several countries, including India, have considered importing PPE kits to meet its requirements from China, Singapore, and South Korea. Although a tender was rolled out last week by the government’s nodal procurement agency HLL Lifecare, the government has chosen not to wait for the bids to be released, rather than source it from other countries. As of the 3rd week of April, the coronavirus (COVID-19) pandemic crossed two million cases globally. The increasing demand for hand protection, respiratory protection, and protective clothing in the healthcare industry to ensure people’s safety during the ongoing COVID-19 pandemic is expected to boost the demand for PPE.  Furthermore, the increasing government initiatives to facilitate the import of PPE is expected to drive the market growth. For instance, in March 2020, in response to the COVID-19 outbreak, the Food and Drug Administration (FDA) initiated numerous steps to improve the US stocks of PPE. A few of its measures include adjustments in import screening, flexibility to manufacturers, and creation of special mailbox service, among other provisions.

We have observed the massive impact of novel coronavirus on people’s lives over the last five months. It has also impacted various industries across the globe, eventually affecting the global economy. Some industries have experienced negative growth, whereas some industries have experienced tremendous demand and have generated massive revenues in this period. Covid 19 Impact on Healthcare Personal Protection Equipment market is the one of the positive impact sector on global industry

Healthcare Personal Protection Equipment Market Influencer

PPE helps healthcare workers to fight against novel coronavirus (COVID-19). The World Health Organization (WHO) has recommended the governments across the world to increase the production of masks, gloves, respirators, and coveralls/gowns. It also recommended that PPE manufacturers must increase their production by 40% and prioritizing their orders to the countries with a high demand-supply gap.

Market Drivers

  • As of the 3rd week of April, coronavirus (COVID-19) pandemic crossed 2 million cases globally. The increasing demand for hand protection, respiratory protection, and protective clothing in the healthcare industry to ensure the people’s safety during the ongoing COVID-19 pandemic is expected to boost the demand for Personal Protective Equipment (PPE).
  • Rapid technological advancements in the field of surgery such as High-Reliability Organizing (HRO), technical advancements, and standardizing procedures are expected to have a positive impact on the hospital sector, thereby impacting the demand for personal protective equipment positively.
  • Increasing government initiatives to facilitate the import of personal protective equipment is expected to drive the market growth. For instance, in March 2020, in response to the COVID-19 outbreak, the Food and Drug Administration (FDA) initiated numerous steps to improve US stocks of personal protective equipment. The measures include adjustments in import screening, flexibility to manufacturers, and creation of special mailbox service, among other provisions.
  • The emergence of local PPE manufacturers, increasing end user demand, and the rising production of cost-effective and integrated PPE is expected to boost the market growth. For instance, in India, the Union Textiles Ministry and the Health Ministry has said the government is augmenting the supplies of personal protective equipment (PPEs), including body coveralls, N-95 masks and 2-ply/3-ply surgical masks required for healthcare professionals dealing with COVID-19 cases. Furthermore, more than 130 Australian companies have responded to an urgent call to dramatically boost the manufacturing of face masks, gowns, and gloves to deal with the COVID-19 crisis.

Market Restraints

  • The current global stockpile of PPE is inadequate to handle the existing and expected cases in different parts of the world, particularly for medical masks and respirators. The supply of gowns and goggles is also expected to be insufficient as the disease is spread. Surging global demand is not only driven by the increasing number of COVID-19 cases but also by misinformation, hoarding, and panic buying. The lockdown in a significant portion of the world is hampering the manufacturing of PPE.
  • The high cost of raw materials (specialized clothing and other related products) is hindering the demand for PPEs in economically weak countries.

Healthcare Personal Protection Equipment Market Segmentation

By Product

  • Protective Clothing: The protective clothing is further segmented into coveralls, gowns, and others. Coverall/gowns are designed to protect the torso of healthcare providers from exposure to the virus.
  • Respiratory Protection: Respiratory protection is bifurcated into surgical masks, respirator masks, and others. The healthcare professionals are recommended to use surgical N95 respirators or medical respirators to protect them from the direct exposure to the COVID-19 virus.
  • Head, Eye, and Face Protection: The largest segment. To prevent exposure of the eye and face from the virus, goggles or a face shield should be considered. High risk of COVID-19 and other infections through nose, eyes, and ears is among the primary reason driving the growth for this segment. The goggles must fit the contours of the user’s face and are compatible with the respirator. The use of face shields/ goggles is an integral part of standard and contact precautions for the people most at risk of COVID-19 infection.
  • Protective Footwear: The use of protective footwear such as washable and disposable footwear is essential to avoid self-contamination.
  • Hand protection: Hand protection is further sub-segmented into general-purpose, chemical handling, sterile gloves, and surgical. The rising awareness about hygiene and prevention from the transmission of pathogens in healthcare facilities is increasing the demand for medical gloves.
  • Others

By End Use

  • Hospitals & Clinics: The largest segment and expected to grow at the highest CAGR during the forecast period. The rising awareness regarding the hand protection during a viral outbreak is increasing the demand for PPEs in hospitals.
  • Ambulatory Surgical Centers: The increasing number of patients visiting surgical centers is facilitating the demand for PPEs in ambulatory surgical centers.
  • Academic and Research Institutes: PPEs are very effective in minimizing occupational injuries, accidents, and other hazards which otherwise result in substantial manpower and financial losses. The use of basic PPE is a must in research institutes as they protect from skin contact and contamination.
  • Diagnostic Laboratories: The use of protective equipment is necessary for diagnostic laboratories to protect healthcare workers from specific hazards and hazardous materials.
  • Others

By Region

  • Americas: The largest regional market. The increasing government initiatives and rising concerns in terms of health and safety of healthcare professionals is boosting the demand for the same. Moreover, the rising prevalence of COVID-19 infection is majorly contributing to the growth of this region.
  • Europe: The healthcare market in Northern European economies, such as Germany, U.K., and Sweden, is expected to exhibit an increase in healthcare expenditure, thereby leading to the growth in production as well as the consumption of medical devices and products.
  • Asia-Pacific: The fastest-growing regional market. Emerging market players in the region, technological advancements, rising focus of government towards healthcare facilities, and high target population in the region are among the key factors driving the market growth in the region.   
  • Middle East & Africa: The high penetration of personal protective equipment in developed healthcare industries of UAE, South Africa is expected to drive the growth of the market in this region.
 

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Particle Counter Industry Overview By Growth Factors, Product Chain Value, Competitors Analysis And Forecast 2025

 Market Highlights

According to MRFR analysis, the global particle counter market is expected to register a CAGR of ~7.1% during the forecast period of 2019 to 2025 and was valued at USD 89.23 million in 2018.

A particle counter is a tool for monitoring indoor air quality to understand the concentration of particles in the air in cleanrooms and workplaces. This device would not identify specifically what kinds of dust particulates are present in the air, but it will identify how many airborne particles of a certain size are present in the environment.

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The growth of the global particle counter market is determined by numerous factors such as increasing incidence of chronic disorders, stringent regulatory scenario, and the adoption of particle counters to maintain air quality. However, the high cost of particle counters and technical limitations of particle counters is projected to restrain the growth of the market during the forecast period.

The global particle counter market is currently dominated by several market players. The key players are involved in expansion, acquisition, and strategic collaborations to strengthen their market positions.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The market in the Americas region is anticipated to hold the largest market share owing to the high health care spending, well-developed technology, and growing geriatric population. Additionally, stringent protocol and guidelines by the FDA for the maintenance of the cleanroom environment are driving the market growth. The particle counter market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada.

The European particle counter market has been categorized into Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Particle counter market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the presence of a huge patient population, rapid development in technology and the expansion of healthcare facilities, the market in Asia-Pacific is expected to be the fastest-growing during the forecast period. The particle counter market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The global particle counter market has been segmented based on product type, modularity, technology, and end-user.

The market, based on product type, has been divided into airborne particle counters and liquid particle counters. The airborne particle counters are likely to hold maximum market share in the global particle counter market due to the increasing use of these particle counters for cleanroom monitoring and the growing stringency of air pollution monitoring.

The global particle counter market based on technology has been segregated into online particle counters and offline particle counters. The online particle counters segment is anticipated to hold the largest share in the market due to its ability to monitoring solutions in hydraulic and lubricating systems.

The global particle counter market based on modularity has been segregated into portable particle counters, remote particle counters, and handheld particle counters. The portable particle counters segment is anticipated to hold the largest share as they are easy to carry and are designed to save time and money.

The end-user segments of the market are the medical device industry, the pharmaceutical industry, research laboratories, and others. The medical device industry segment is expected to hold the largest share of the market, due to increased R&D expenditure and the establishment of new manufacturing facilities by global pharmaceutical giants in newer geographies.

Key Players

Some of the key players in the global particle counter market are Particle Measuring Systems, Inc. (A Spectris Company), Beckman Coulter (A Danaher Corporation Company), Rion Co., Ltd., Lighthouse Worldwide Solutions, Inc., TSI Incorporated, Climate Instruments Company, Setra Systems, Met One Instruments, Inc., and Chemtrac, Inc.

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Global Whole Exome Sequencing Market 2020 Analysis By Manufacturers, Latest Trends, Competitive Landscape And Strategies

 Market Highlights

Global Whole Exome Sequencing Market is estimated to be valued at USD 2,696.03 Million by 2025 and is expected to register a CAGR of 19.80% during the forecast period.

Whole exome sequencing is a widely used next-generation sequencing (NGS) method to determine the nucleotide sequence primarily of the protein-coding regions of an individuals related sequences, representing approximately 1% of the complete DNA sequence. The human exome represents less than 2% of the genome but contains ~85% of known disease-related variants, which makes it major usage in the identification and the determination of genetic variants causing various diseases such as Miller syndrome and Alzheimer’s.

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Segment Analysis

The global whole exome sequencing market has been segmented on the basis of product, technology, application, and end user. The market, based on product, has been segmented into kits, sequencer, and services. Kits are further segmented into DNA Fragmentation, End Repair, A-Tailing, And Size Selection Kits, Library Preparation, and Target Enrichment. Services are further sub-segmented into Sequencing Services, Data Analysis (Bioinformatics), and Others. The global whole exome sequencing market, by technology, has been categorized as Sequencing by Synthesis (SBS), ION Semiconductor Sequencing, and others. The market by application is segmented into diagnostics, drug discovery and development, agriculture and animal research, others. Based on end user, the market is segmented into research centers and government institutes, hospitals and diagnostics centers, pharmaceutical & biotechnology companies, and others.

Regional Analysis

The Americas was the largest market for whole exome sequencing in 2019. The growth of the Americas market is due to the high prevalence rate of cancer and other chronic disorders and rising healthcare expenditure. Additionally, favorable initiatives by the government and other organizations for the development and adoption of whole-exome sequencing technologies are driving the market for whole-exome sequencing.  For instance, in 2018, All of Us Research Program, a part of the National Institutes of Health, awarded funds over USD 28.6 million to establish three genome centers in the US. These centers aim to produce genome data for researchers and the program’s precision medicine research platform, a national resource to support studies on a variety of important health questions.

Europe is the second-largest market for whole exome sequencing with Western Europe, holding the largest market share. The European market is expected to register a sturdy growth rate during the forecast period due to rising cases of cancer and increasing programs for the adoption of genome sequencing. According to the International Agency for Research on Cancer, in 2018, there were 4,229,662 cases of cancer in Europe. This increasing number of cases of cancer and rising genome mapping programs are expected to have a positive impact on the growth of the whole exome sequencing market.

Asia-Pacific is expected to represent the highest market growth potential over the forecast period due to the growing patient pool and increasing technological advancements. The fast growth of the Asia-Pacific region is due to the increasing per capita income along with government initiatives to enhance the quality of healthcare and rising diabetes being the major concern in this region. China, India, and Australia have a lucrative market for whole exome sequencing due to the growing older population. Moreover, according to the report published by the United Nations in 2015, the number of older people aged 60 years or above in the world is predicted to grow by 56% between 2015 and 2030. 66% of the older population out of the total global population would also reside in the Asia-Pacific region.

In the Middle East & Africa, the whole exome sequencing market is driven by increasing obesity issues, rising initiatives by governments to improve patient care, and favorable reimbursement policies.

Key Players

Market Research Future (MRFR) Illumina Inc.  (US), BGI (China), Eurofins Scientific (Belgium), Thermo Fisher Scientific (US), Agilent Technologies, Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), GENEWIZ (US), Ambry Genetics (US ), Macrogen, Inc. (South Korea), Integragen SA (France),  as the Key Players in the Global Whole Exome Sequencing Market.

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Worldwide CBD (Cannabidiol) Market Ready To Set Outstanding Growth From 2020 To 2026

 CBD (Cannabidiol) Market Overview 

Cannabidiol (CBD) is a natural compound present in the cannabis resinous flower, a plant with a long history as a medicinal drug stretching back several decades. Today scientists and physicians around the world are researching and verifying the medicinal effects of CBD. CBD is one of over a hundred “phytocannabinoids,” a healthy, non-addictive drug that is specific to cannabis and that endows the plant including its robust medicinal profile. CBD is closely linked to another essential phytocannabinoid involved in the medicine: tetrahydrocannabinol (THC), the compound that induces the high medical marijuana is known for. 

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CBD and THC both have great medicinal strengths. Unlike THC, however, CBD doesn’t really make someone feel intoxicated. This is because CBD and THC function on various brain receptors and bodies in differing ways. Indeed, CBD will mitigate or neutralize THC’s addictive properties, based on how much each compound is consumed. Most people like cannabis without the high-or with a little less a high-health benefit. The idea that CBD is both medicinally active and non-intoxic, and easier to take as a CBD oil, makes it an attractive treatment choice for those that try it for the first time. 

There’s plenty of hype about CBD’s healing abilities-for justifiable reason. But that wasn’t this until June 2018. Food and Drug Administration (FDA) has accepted cannabidiol as a true medication by recognizing Epidiolex, an almost pure form of prescription CBD, as a cure for two serious pediatric seizure disorders, Lennox-Gastaut syndrome and Dravet syndrome. It was the first time since the height of the reefer madness era 80 years ago – as “marihuana” was a felony rather than a treatment – that the administration gave an official thumbs-up for a drug extracted from cannabis. 

CBD Market Key Players

The prominent players in the global CBD market are Aphria Inc., Folium Biosciences, Freedom Leaf, Inc, Green Roads of Florida, LLC, CBD Health Solutions, LLC, ENDOCA, Isodiol International Inc, CV Sciences, Inc, Medical Marijuana, Inc., Canopy Growth Corporation, Elixinol Global Limited.

CBD (Cannabidiol) Market Segmentation 

CBD is not a wonder but a substance. Most people may greatly benefit from legal access to a wide variety of cannabis treatments, not just low-THC or no-THC products. CBD alone can not do the trick at all. There is ample evidence that CBD performs best when combined with THC and the wide range of other ingredients of cannabis. In order to understand the global CBD market in a better way, experts have segmented the market. 


Based on form, the market has been segmented into: 

  • Solid
  • Liquid 

By product: 

  • Food Grade
  • Therapeutic Grade 

By routes of administration: 

  • Tincture
  • Capsules
  • Inhalation (Smoke or Vapor)
  • Aerosol Spray 

By application: 

  • Fibromyalgia
  • Neurogenerative Disorder
  • Diabetes
  • Energy Drinks
  • Protein Bars

By end user: 

  • Food & Beverage
  • Healthcare 

By source: 

  • Organic
  • Inorganic 

CBD (Cannabidiol) Market Regional Overview 

These are of course exciting times for the CBD industry. Experts believe that CBD’s future looks bright, with big international retailers willing to store a wider variety of CBD items. That being said, sounding a cautionary note is essential. Big, scientific studies are still in dearth, and several questions need to be answered. To better understand the global market for CBD at regional levels, industry experts have segmented the market based on regions which include North America, Asia Pacific, Europe, and the rest of the world. The countries covered in the report are India, China, the United States, the United Kingdom, Australia, Japan, Germany, and others. 

CBD (Cannabidiol) Industry News 

Newly implemented government plans for tribal hemp development are giving a strategic advantage to US sovereign countries in cultivating the plant and selling CBD, the communities claim. Following 80 years of ban, when U.S. farmers race to grow hemp, tribal territorial authorities realize they have such an edge so they can avoid red tape to become the first merchants on state markets to sell very own CBD.

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The Gene Expression Analysis Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2023

 Gene Expression Analysis Market Overview

As per Market Research Future (MRFR) analysis, the global gene expression analysis market is estimated to hold a market value of USD 3.250 million with a CAGR 9.1% from 2018 to 2023 (forecast period). 

Gene expression analysis is a research focused on functional genomics that broadens the scope of the study of genes and gene transcripts. Synthesizing functional gene products like functional RNAs and protein species provides insights into how an intact organism survives when a particular gene is missing. 

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Gene Expression Analysis Market Dynamics

Personalized medicine is becoming more popular, with an increasing number of genetic disorders. In addition, increasing awareness of personalized medicine is expected to drive growth over the forecast period. As per the data published by Foley & Lardner LLP, the Food and Drug Administration (FDA) approved 16 new personalized medicinal products in 2017. Moreover, the advancement of genomic databases increased government support for genomics, and growth in personalized medicine is likely to drive the market. 

However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period. 

Gene Expression Analysis Market Segmentation

The global market for gene expression analysis has been segmented into product, consumables, instruments, services, application, and end-user.

Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.

Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.

Based on instruments, the global market for gene expression analysis has been further segmented into next-generation sequencing (NGS), polymerase chain reaction (PCR), microarray, Sanger sequencing, and others.

Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.

Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.

Based on end-user, the global market for gene expression analysis has been segmented into academic & research institutes, pharmaceutical & biotechnology companies, contract research organizations, and others. 

Gene Expression Analysis Market Regional Analysis

Regionally, the global gene expression analysis market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas are predicted to dominate the global market for gene expression analysis due to increasing research activities and the increasing popularity of gene expression tests. In addition, the well-developed healthcare sector is predicted to improve the American market for gene expression analysis.

Europe is predicted to hold the second-largest position in the global market for gene expression analysis. Market growth in this region is due to the availability of research funding.

The Asia Pacific is projected to be the fastest-growing region on the market due to rising investment by governments in genomics and continuously developing economies. As stated in the report published by the International Journal of Social and Developmental Concerns in October 2017, the growth of public primary and secondary care facilities in Malaysia has decreased over the last few years and has not kept pace with modern urbanization. These factors, therefore, restrict the growth of the market in this region. 

The Middle East and Africa are estimated to have the least market share. 

Gene Expression Analysis Market Key Players

Some of the significant participants in the global gene expression analysis market are GENERAL ELECTRIC COMPANY, Illumina, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific, Pacific Biosciences of California, Inc., Oxford Gene Technology, BGI, PerkinElmer Inc., Agilent Technologies, Inc., QIAGEN, Eurofins Scientific, Genotypic Technology Pvt Ltd, Danaher, Macrogen Inc. 

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The Leukemia Therapeutics Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2023

 Leukemia Therapeutics Market Scenario:

The clinical condition an in which an increased number of abnormal leucocytes or generally called white blood cells of malignant characteristic is called leukemia. Frequent infections, fever with chills and fatigue are early signs of leukemia. Acute, chronic, lymphocytic, and myelogenous leukemias are classified under leukemia. Cancer statistics center of American Cancer Society estimates 61780 new cases of leukemia in 2019. Treatment for such a malicious disease requires intense therapeutic attention. Therefore, the need for accurate treatment in the rising population of leukemia patients is the major factor impelling the global leukemia therapeutics market growth. The traditional therapies involved in the treatment of leukemia are chemotherapy, biological therapy, targeted therapy, radiation therapy, and stem cell transplant. The complex pathology of leukemia demands advancements in medical infrastructure for treatment. Hence, letting the market key players immense opportunity to invest in research and development and bring forth innovation in the leukemia therapy. This generates a lead for clinical researchers to investigate better drug administration methods. Efforts which are being made to deliver more effective leukemia therapies is likely to trigger the leukemia therapeutics industry market growth.

However, on the flip side, the high cost of existing leukemia therapies and investment required for developing new therapies is curbing the expansion of leukemia therapeutics market.

Global leukemia therapeutics market is expected to grow significantly over the forecast period. It is anticipated that the market held the value of USD 10.7 billion in 2017 and is projected to grow at a CAGR of 5.3% during the assessment period predicts Market Research Future (MRFR).

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Segmentation

The global leukemia therapeutics market has been segmented into type, applications, and region.

Based on applications, leukemia therapeutics market is segmented into acute lymphocytic leukemia, acute myelogenous leukemia, chronic lymphocytic leukemia, chronic myelogenous leukemia, and others. The acute lymphocytic leukemia segment is expected to account for the largest share segment of the market in 2017.

Based on type, leukemia therapeutics market is segmented into chemotherapy, biological therapy, targeted therapy, radiation therapy, and stem cell transplant. The chemotherapy segment is expected to account for the largest share segment of the market in 2017. Chemotherapy segment further sub segmented into alkylating agents, antimetabolites, antitumor antibiotics, and others.

Top Key Players

  • Eisai Co., Ltd (Japan)
  • Novartis AG (Switzerland)
  • Pfizer Inc. (US)
  • GlaxoSmithKline plc (UK)
  • Bristol-Myers Squibb Company (US)
  • Hoffmann-La Roche AG (Switzerland)
  • Sanofi S.A. (France)
  • Teva Pharmaceutical Industries Ltd (Israel)
  • Amgen Inc (US)
  • Takeda Pharmaceutical Company Ltd (Japan)

Regional Market Summary

Geographically, the Americas is anticipated to dominate the global leukemia therapeutics market owing to a well-established player, innovative therapies to drive the market for leukemia, increase prevalence of leukemia, and increasing older population.

Europe is expected to hold the second largest position in the global leukemia therapeutics market. The market growth in this region is attributed to increase prevalence of leukemia.

The leukemia therapeutics market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region.

The Middle East & Africa has the least share of the leukemia therapeutics market.

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The Plasma Fractionation Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2023

 Plasma Fractionation Market Overview: 

The global plasma fractionation market is showing ample scope for growth and it is projected to secure a 6.5% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR), in its attempt to understand the market proceedings, has revealed several factors that can impact the growth. The better technological influx and their easy integration in the mainstream, improvement in the infrastructure, and a rise in investment to boost the research works would help the global market achieve growth.  

However, the process is getting hindered in lesser-developed regions owing to which the market may find the growth a bit sluggish.  

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Plasma Fractionation Market Segmentation: 

The global market for plasma fractionation has been segmented by market researchers on the basis of product, application, and end user. MRFR analysts help in a proper assessment of the market to assist players in increasing their profit margin.  

By product, the global market study on the plasma fractionation has been segmented into coagulation factor concentrates, protease inhibitors, albumin, immunoglobulin, and others. The immunoglobulin segment has been segmented further into subcutaneous immunoglobulin (SCIG), intravenous immunoglobulin (IVIG), and others. The coagulation factor concentrates segment encompasses Factor IX, Von Willebrand Factor, Factor VIII, Fibrinogen Concentrates, Prothrombin Complex Concentrate, and Factor XIII. 

By application, the global discussion on the plasma fractionation market includes neurology, hematology, immunology, hemato-oncology, pulmonology, rheumatology, critical care, and others. The immunology segment is getting significant traction to boost the treatment process against viral attacks.  

By end user, the global report on the plasma fractionation market includes clinical research laboratories, hospitals & clinics, academic institutes, and others. Various clinical research laboratories are impacting the global market as they are trying to develop new methods of treatments. The Academic institutes are also fetching revenues as they are getting bolstered by government and private funding.  

Plasma Fractionation Market Regional Analysis: 

The Americas would dominate the global Plasma Fractionation Market and it would be backed by the US. The infrastructural superiority, better inclusion of technology, and high rate of investment to support the process would ensure the market’s upward trajectory. Asia Pacific would register the fastest CAGR during the forecast period.  

Plasma Fractionation Market Competitive Landscape: 

The global market on the plasma fractionation is getting inspired by the contributions of companies by Biotest AG, China Biologic Products Holdings, Inc., Bio Products Laboratory (BPL), Grifols, S.A., Japan Blood Products Organization, CSL Limited, Green Cross Corporation, LFB group, Octapharma AG, Kedrion S.p.A, Shanghai RAAS, Shire, Sanquin, and others. These companies are trying to expand their portfolio through innovation, merger, acquisition, and joint venture. The process is witnessing a surge in funding for the research and development sector. This has led to the development of better marketing strategies, branding, and launching. MRFR recorded these moves to influence the study of the market and facilitate future strategy-making policies.  

Plasma Fractionation Industry News: 

In May 2020, Headspring, a company known for its leading presence in the strategy and development, announced a partnership with the Plasma Protein Therapeutics Association (PPTA). The attempt is to develop a state-of-the-art system and help in protecting and ensuring donor health and plasma safety. This will accelerate the production of life-saving plasma protein therapies (PPTs), which would be helpful in treating patients with rare, chronic diseases. PPTA is known for being collectors of source plasma used for fractionation. 

The global market for plasma fractionation is getting ample traction from the COVID-19 treatment demands. Plasma therapy is gaining ground to treat patients with the disease, which is boosting the market prospect of the plasma fractionation.  

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