In 2023, the plasma fractionation market was valued at approximately $32.75 billion. By 2034, this market is expected to surge to $72.86 billion, reflecting an impressive compound annual growth rate (CAGR) of 7.54% from 2024 to 2034. This rapid growth is fueled by the increasing demand for plasma-based therapies, which continue to drive advancements and opportunities within the industry.
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North America held the largest share of the global plasma fractionation market in 2023, with the United States as the world’s top plasma supplier. The U.S. operates a paid donor system, unlike many other countries that rely on unpaid, volunteer donors, leading to significantly higher plasma collection rates. Canadian Blood Services leverages raw plasma for producing drugs like plasma proteins and related products. In the U.S., three major plasma product companies—CSL Plasma, Grifols, and BioLife—collect over 75% of the total plasma used for fractionation. Notably, the number of plasma donation centers in the U.S. has increased by 54% over the past four years. With the growing demand for plasma, estimated at 6,500 units daily, maintaining a consistent donation rate remains crucial for meeting global needs.
Europe is projected to experience the fastest growth in the plasma fractionation market between 2024 and 2034. This growth is driven by the European Union’s focus on achieving open strategic autonomy and enhancing competitiveness in the plasma sector. Collaborative efforts by EU institutions, governments, and businesses aim to address vulnerabilities and implement policies that ensure a resilient supply of plasma and plasma-derived medicinal products. These measures are expected to strengthen both regional and national strategies, fostering recognition and sustainability in Europe’s plasma fractionation industry.
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