Prothrombin Complex Concentrate Market Analysis

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Prothrombin Complex Concentrate Market Analysis

Prothrombin Complex Concentrate Market Analysis From 2020 to 2026 By Industry Trends, Growth, Share, Size, And Regional Forecast

Prothrombin Complex Concentrate Market | 2020 Global Industry Forecast by Size, Share, Trends and Growth Forecast to 2027, is latest depth analysis research report published on Global Prothrombin Complex Concentrate Market By Product (3-factor PCC and 4-factor PCC), By Application (Acquired Coagulation Factor Deficiency and Congenital Coagulation Factor Deficiency), By End User (Hospitals & Ambulatory Surgical Centers, Specialty Clinics and Others), and Regional Forecast, 2020-2027.

Prothrombin Complex Concentrate Market | 2020 Global Industry Forecast by Size, Share, Trends and Growth Forecast to 2027, is latest depth analysis research report published on Global Prothrombin Complex Concentrate Market By Product (3-factor PCC and 4-factor PCC), By Application (Acquired Coagulation Factor Deficiency and Congenital Coagulation Factor Deficiency), By End User (Hospitals & Ambulatory Surgical Centers, Specialty Clinics and Others), and Regional Forecast, 2020-2027.

Prothrombin Complex Concentrate Market 2020 report offers a detailed analysis and information as per Prothrombin Complex Concentrate manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Prothrombin Complex Concentrate Companies Analyzed In Report:

Takeda Pharmaceutical Company Limited, Kedrion S.p.A, Octopharma AG, Grifols, S.A., China Biologic Products, Holdings, Inc., Sanquin, CSL Behring.

Prothrombin Complex Concentrate Market Analysis:

Hemophilia is a rare bleeding disorder that is characterized by the deficiency of blood-clotting proteins in a person. A study conducted by a team of international researchers, spearheaded by the McMaster University in Canada, found that over 1,125,000 men suffer from inherited hemophilia, which is three times higher than previously believed. Of these, approximately 418,000 are afflicted with the more severe variant of the disease, with the highest incidence of the disorder being observed in middle- and low-income countries.

This bodes well for the PCC market growth as the demand for plasma-derived factor IX, a vital blood clotting factor in hemophilia B patients, is steadily rising. For example, the World Federation of Hemophilia reported that more than 68,703,141 I.U. of plasma-derived factor IX were used in Europe in 2018. These developments are expected to prove favorable for the prothrombin complex concentrate market growth in the coming years.

COVID-19 patients having severe pneumonia have been found to be suffering from internal bleeding, with an inhibited ability for blood coagulation. As a result, the demand for plasma-derived therapies such as PCC, which have proven efficacy in dealing with blood disorders, is rising at a rapid rate during the current crisis. Plasma therapies are already being administered to coronavirus patients around the world and are meeting with notable success. This has surged the uptake of plasma-derived medications, drugs, and therapies, which is expected to feed the growth of this market.

North America, with a market size of USD 305.9 million in 2019, is expected to lead the global PCC market on account of strong support from the US Food and Drug Administration (FDA) for novel plasma-derived therapies. This favorable environment is encouraging pharmaceuticals in the region to ramp up their R&D spending and bring out specialized treatments and drugs for patients with blood disorders.

Europe is also expected to strengthen its hold on the prothrombin complex concentrate market share during the forecast period owing to the surging number of COVID-19 cases in the region. Large pharmaceuticals in the region such as Grifols are optimizing their production capacity and distribution networks to meet the escalating demand for plasma-based medication.

In Asia Pacific, the market will be primarily driven by the measures taken by governments in China and India to improve accessibility and affordability to essential medicines and therapies.

The competition in the market for prothrombin complex concentrate is monopolistic, owing to the presence and activities of a very few number of pharmaceutical companies. These companies are presently focusing on delivering advanced and superior treatment options of patients with blood disorders to further entrench their market position.

Highlights of the Report

Elaborative overview of the industry outlook;

360-degree analysis of the factors driving and restraining the market;

Careful study of the different market segments; and

Detailed research into the regional and competitive dynamics influencing the market growth.

Regional Market Overview:

Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

Competitive Analysis:

The Facial Injectable Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

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