Middle East and Africa Plasma Fractionation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Immunoglobulin, Albumin, Coagulation Factor Concentrates, Protease Inhibitors, and Other Plasma Products), Application (Neurology, Immunology, Hematology, Critical Care, Pulmonology, and Other Applications), and End User (Hospitals and Clinics, Clinical Research Laboratories, and Academic Institutes)
Market Introduction
The United Arab Emirates (UAE), Saudi Arabia and South Africa are the 3 major countries in the MEA. The Saudi Arabia was the largest market for Plasma fractionation in this region in 2021. The market for plasma fractionation in the MEA is anticipated to grow at a CAGR 5.2% during the forecast period; this growth is attributed to the rising prevalence of various diseases and increasing government initiatives in the region.
Economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflicts and cannot implement robust public health measures. Iran was in a deep economic recession due to the US sanctions. Also, the major source of economic stabilization in the Middle East countries is oil production and export. However, the COVID-19 pandemic is causing turbulence in the economies of the Middle East. A sudden drop in domestic and external demand for goods and products, especially crude oil, and halted production due to labor shortage are major impacts observed in the region. The spread of COVID-19 in the region caused heavy burdens on healthcare professionals. Cardiac surgeons were overloaded with emergency cardiac surgeries, management of COVID-19 patients, and implementation of safety guidelines to prevent the spread of the virus. The rapid spread of the virus impacted elective surgeries. Hence, the COVID-19 outbreak negatively impacted the growth of the MEA plasma fractionation market.
Market Overview and Dynamics
The plasma fractionation market in the MEA is expected to grow from US$ 2,455.61 million in 2021 to US$ 3,490.73 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028. Blood plasma is among the emerging method for treating various chronic diseases. The plasma consists of essential components, such as proteins, albumin, globulins, fibrinogen, clotting factors and inhibitors, and others. It is widely used in blood cancer, COVID19, Atrial fibrillation, leukemia, and others. The plasma is separated from the donated blood by using plasma Fractionation. The regulatory agencies are also providing the required approvals for the use of plasma in treatment processes. Thus, active involvement and approval by the regulatory and government are expected to encourage the application of blood plasma. The blood plasma can be stored for up to one year by freezing within 24 hours of blood donated to protect the valuable clotting factors and can be used post thawing process. Many blood bank settings are established in every country, have access to healthcare service providers, and are funded by various governments and other organizations. Therefore, as per the above-stated factors, the blood plasma fractionation related market in the forecast period.
Key Market Segments
MEA plasma fractionation market is segmented into product, application, end user, and country. The MEA plasma fractionation market, based on product, has been segmented into immunoglobulin, albumin, coagulation factor concentrates, protease inhibitors, and others. The immunoglobulin segment is likely to hold the largest share of the market in 2021. The MEA plasma fractionation market, based on application is segmented into neurology, immunology, hematology, critical care, pulmonology, and others. In 2021, the Neurology segment is likely to hold the largest share of the market. The MEA plasma fractionation market, based on end user is segmented into hospitals and clinics, clinical research laboratories, academic institutes. In 2021, the hospitals and clinics segment is likely to hold the largest share of the market. Based on country, the MEA plasma fractionation market is segmented into Saudi Arabia, South Africa, the UAE, and rest of the MEA. Rest of the MEA held the largest market share in 2021.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the plasma fractionation market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bharat Serums and Vaccines Limited (BSV); Bio Products Laboratory Ltd.; Biotest AG; CSL Limited; Grifols, S.A.; Kedrion S.p.A; Octapharma AG; and SK Plasma.
Reasons to buy report
- To understand the MEA plasma fractionation market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA plasma fractionation market.
- Efficiently plan M&A and partnership deals in MEA plasma fractionation market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA plasma fractionation market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEA Plasma Fractionation Market Segmentation
MEA Plasma Fractionation Market - By Product
- Immunoglobulin
- Intravenous Immunoglobulin (IVIG)
- Subcutaneous Immunoglobulin (SCIG)
- Albumin
- Coagulation Factor Concentrates
- Protease Inhibitors
- Other
MEA Plasma Fractionation Market - By Application
- Neurology
- Immunology
- Hematology
- Critical Care
- Pulmonology
- Others
MEA Plasma Fractionation Market - By End User
- Hospitals and Clinics
- Clinical Research Laboratories
- Academic Institutes
MEA Plasma Fractionation Market - By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of the MEA
MEA Plasma Fractionation Market - Company Profiles
- Bharat Serums and Vaccines Limited (BSV)
- Bio Products Laboratory Ltd.
- Biotest AG.
- CSL Limited
- Grifols, S.A.
- Kedrion S.p.A
- Octapharma AG
- SK Plasma
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Plasma Fractionation Market – By Product
1.3.2 MEA Plasma Fractionation Market – By Application
1.3.3 MEA Plasma Fractionation Market – By End User
1.3.4 MEA Plasma Fractionation Market – By Country
2. MEA Plasma Fractionation Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Plasma Fractionation Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Plasma Fractionation Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Plasma Therapy Getting Popular
5.1.2 Significant Rise in Participation of the Players in Market Developments
5.2 Market Restraints
5.2.1 Various Non-Plasma Substitutes Available
5.3 Market Opportunities
5.3.1 Emerging Countries Showing Development Capability
5.4 Future Trends
5.4.1 Plasma Therapy in the Treatment of Novel Diseases
5.5 Impact Analysis
6. Plasma Fractionation Market – MEA Analysis
6.1 MEA Plasma Fractionation Market Revenue Forecast and Analysis
7. MEA Plasma Fractionation Market Revenue and Forecasts To 2028– by Product
7.1 Overview
7.2 MEA Plasma Fractionation Market, By Product 2021 & 2028 (%)
7.3 Immunoglobulin
7.3.1 Overview
7.3.2 Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.2.1 Intravenous Immunoglobulin (IVIG)
7.3.2.1.1 Overview
7.3.2.1.2 Intravenous Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.2.2 Subcutaneous Immunoglobulin (SCIG)
7.3.2.2.1 Overview
7.3.2.2.2 Subcutaneous Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Albumin
7.4.1 Overview
7.4.2 Albumin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.5 Coagulation Factor Concentrates
7.5.1 Overview
7.5.2 Coagulation Factor Concentrates: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.6 Protease Inhibitors
7.6.1 Overview
7.6.2 Protease Inhibitors: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
7.7 Other Plasma Products
7.7.1 Overview
7.7.2 Other Plasma Products: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
8. MEA Plasma Fractionation Market Revenue and Forecasts To 2028 – Application
8.1 Overview
8.2 MEA Plasma Fractionation Market Share by Application 2021 & 2028 (%)
8.3 Neurology
8.3.1 Overview
8.3.2 Neurology: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Immunology
8.4.1 Overview
8.4.2 Immunology: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Hematology
8.5.1 Overview
8.5.2 Hematology: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Critical Care
8.6.1 Overview
8.6.2 Critical Care: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Pulmonology
8.7.1 Overview
8.7.2 Pulmonology: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
8.8 Other Applications
8.8.1 Overview
8.8.2 Other Applications: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
9. MEA Plasma Fractionation Market Revenue and Forecasts To 2028 – End User
9.1 Overview
9.2 MEA Plasma Fractionation Market Share by End User 2021 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Clinical Research Laboratories
9.4.1 Overview
9.4.2 Clinical Research Laboratories: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
9.5 Academic Institutes
9.5.1 Overview
9.5.2 Academic Institutes: Plasma Fractionation Market Revenue and Forecast to 2028 (US$ Mn)
10. MEA Plasma Fractionation Market Revenue and Forecasts to 2028 – Country Analysis
10.1 Overview
10.1.1 MEA Plasma Fractionation Market Revenue and Forecasts to 2028, By Country (%)
10.1.1.1 UAE: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.1.1 Overview
10.1.1.1.2 UAE: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.1.3 UAE: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.1.1.3.1 UAE: Plasma Fractionation Market, by Immunoglobulin Type, 2019–2028 (USD Million)
10.1.1.1.4 UAE: Plasma Fractionation Market Revenue and Forecasts To 2028, By Application (US$ Mn)
10.1.1.1.4.1 UAE: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.1.2 Saudi Arabia: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.2.1 Overview
10.1.1.2.2 Saudi Arabia: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.2.3 Saudi Arabia: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.1.2.3.1 Saudi Arabia: Plasma Fractionation Market, by Immunoglobulin Type, 2019–2028 (USD Million)
10.1.1.2.4 Saudi Arabia: Plasma Fractionation Market Revenue and Forecasts To 2028, By Application (US$ Mn)
10.1.1.2.5 Saudi Arabia: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.1.3 South Africa: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.3.1 Overview
10.1.1.3.2 South Africa Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.3.3 South Africa: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.1.3.3.1 South Africa: Plasma Fractionation Market, by Immunoglobulin Type, 2019–2028 (USD Million)
10.1.1.3.4 South Africa: Plasma Fractionation Market Revenue and Forecasts To 2028, By Application (US$ Mn)
10.1.1.3.4.1 South Africa: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.1.4 Rest of MEA: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.4.1 Overview
10.1.1.4.2 Rest of MEA: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.1.4.3 Rest of MEA: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.1.4.3.1 Rest of MEA: Plasma Fractionation Market, by Immunoglobulin Type, 2019–2028 (USD Million)
10.1.1.4.4 Rest of MEA: Plasma Fractionation Market Revenue and Forecasts To 2028, By Application (US$ Mn)
10.1.1.4.5 Rest of MEA: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
11. Impact Of COVID-19 Pandemic on MEA Plasma Fractionation Market
11.1 MEA: Impact Assessment of COVID-19 Pandemic
12. Plasma Fractionation Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies Followed by Major Market Players (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic developments
12.4.1 Overview
13. Company Profiles
13.1 Biotest AG.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Octapharma AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kedrion S.p.A
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 CSL Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Grifols, S.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Bio Products Laboratory Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Bharat Serums and Vaccines Limited (BSV)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SK Plasma
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. UAE: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 2. UAE: Plasma Fractionation Market, by Immunoglobulin Type – Revenue and Forecast to 2028 (USD Million)
Table 3. UAE: Plasma Fractionation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. UAE: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 6. Saudi Arabia: Plasma Fractionation Market, by Immunoglobulin Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Saudi Arabia: Plasma Fractionation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Saudi Arabia: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 9. South Africa Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 10. South Africa: Plasma Fractionation Market, by Immunoglobulin Type – Revenue and Forecast to 2028 (USD Million)
Table 11. South Africa: Plasma Fractionation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. South Africa: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of MEA: Plasma Fractionation Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of MEA: Plasma Fractionation Market, by Immunoglobulin Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Rest of MEA: Plasma Fractionation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of MEA: Plasma Fractionation Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 17. Organic Developments Done By Companies
Table 18. Inorganic developments done by Companies
Table 19. Glossary of Terms, MEA Plasma Fractionation Market
LIST OF FIGURES
Figure 1. MEA Plasma Fractionation Market Segmentation
Figure 2. MEA Plasma Fractionation Market Segmentation, By Country
Figure 3. MEA Plasma Fractionation Market Overview
Figure 4. Immunoglobulin Segment Held the Largest Share of the Product Segment in MEA Plasma Fractionation Market
Figure 5. Saudi Arabia to Show Significant Growth During Forecast Period
Figure 6. MEA PEST Analysis
Figure 7. Impact Analysis of Drivers and Restraints Pertaining to MEA Plasma Fractionation Market
Figure 8. MEA Plasma Fractionation Market – Revenue Forecast and Analysis – 2019- 2028
Figure 9. MEA Plasma Fractionation Market, by Product 2021 & 2028 (%)
Figure 10. MEA Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 11. MEA Intravenous Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. MEA Intravenous Immunoglobulin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. MEA Albumin: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. MEA Coagulation Factor Concentrates: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. MEA Protease Inhibitors: Plasma Fractionation Market Revenue and Forecasts to 2028(US$ Mn)
Figure 16. MEA Other Plasma Products: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. MEA Plasma Fractionation Market Share by Application 2021 & 2028 (%)
Figure 18. MEA Neurology: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 19. MEA Immunology: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 20. MEA Hematology: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 21. MEA Critical Care: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 22. MEA Pulmonology: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 23. MEA Other Applications: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 24. MEA Plasma Fractionation Market Share by End User 2021 & 2028 (%)
Figure 25. MEA Hospitals and Clinics: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 26. MEA Clinical Research Laboratories: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 27. MEA Academic Institutes: Plasma Fractionation Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 28. MEA Plasma Fractionation Market Revenue Overview, by Country, 2021 (US$ Mn)
Figure 29. MEA Plasma Fractionation Market Revenue and Forecasts to 2028, By Country (%)
Figure 30. UAE: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Saudi Arabia: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. South Africa: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. Rest of MEA: Plasma Fractionation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 35. Growth Strategies Followed by Major Market Players (%)
- Bharat Serums and Vaccines Limited (BSV)
- Bio Products Laboratory Ltd.
- Biotest AG.
- CSL Limited
- Grifols, S.A.
- Kedrion S.p.A
- Octapharma AG
- SK Plasma
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA plasma fractionation market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA plasma fractionation market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the plasma fractionation market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution