Singapore Blood Plasma Market: Increasing Geriatric Population and Rising Demand of Blood Plasma Derivatives Products are the factors that are expected to drive this market in the forecast period of 2019 to 2026

Singapore Blood Plasma Market is projected to register a substantial CAGR in the forecast period of 2019 to 2026. The new market report contains data of historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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Drivers: Singapore Blood Plasma Market

  • Increasing prevalence of blood plasma disorders
  • Rising demand of blood plasma derivatives products

Restraints:

  • High cost of plasma therapy
  • Easy availability of recombinant plasma

Opportunity:

  • Increasing in awareness about blood & plasma donation

Challenge:

  • Stringent regulatory requirements

Market Trends:

Singapore blood plasma market is segmented into three notable segments which are based on the basis of type, application and end user.

  •  On the basis of type, the market is segmented into immunoglobulin, coagulation factor concentrates, albumin, protease inhibitors and other plasma products. Immunoglobulin segment is dominating the market due to rising demand of immunoglobulin products in the treatment of various blood disorders.
  • On the basis of application, the market is segmented into neurology, haematology, critical care, pulmonology, hamate-oncology, rheumatology, immunology and other applications. Haematology segment is dominating the market due to rising incidence of blood disorders as compare to others.
  • On the basis of end user, the market is segmented into hospitals, clinics, clinical research laboratories and academic institutes

Major Players: Singapore Blood Plasma Market

Some of the major players operating in this market are CSL Limited, Grifols, S.A., Takeda Pharmaceutical Company Limited and Octapharma AG among others.

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