Albumin Market by Product and Application - Global Opportunity Analysis and Industry Forecast, 2016-2023

  • ID: 4580661
  • Report
  • Region: Global
  • 185 pages
  • Allied Analytics LLP
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Albumin is globular protein found in blood plasma. Serum albumin is the most abundant plasma protein, constituting around 50% of human plasma protein. Albumin is obtained from plasma fractionation process where human serum albumin and bovine serum albumin is most widely used. Recombinant albumin is produced using recombinant techniques in rice plants, yeast species, and other cell lines. Albumin is used as blood volumizer and is employed in the treatment of various diseases including surgical blood loss, shock, burns, trauma, chronic liver disease, hypovolemia, hemorrhage, acute liver failure, hypoalbuminemia, and acute respiratory distress syndrome.

The global albumin market was valued at $5,381 million in 2016, and is projected to reach $10,305 million at a CAGR of 9.6% from 2017 to 2023. Increase in prevalence of rare diseases, shocks, trauma, burns, and other fatalities is the major factor that contributes toward the growth of the albumin market. Moreover, other factors that fuel the market growth include increase in adoption of albumin products, growth in awareness about recombinant albumin products, and rise in non-therapeutic application of albumin as an excipient and drug formulating agent. However, stringent governmental regulations and risks of side effects associated with the use of albumin-based therapy impede the market growth. Conversely, development of cost-effective therapeutics through large scale production and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market.

The global albumin market is segmented into product, application, and region. Based on product, the market is divided into human serum albumin, bovine serum albumin, and recombinant albumin. The applications covered in the study include therapeutics, drug formulation & vaccine, component of media, and other applications. Based on region, it is analyzed for North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global albumin market with current trends and future estimations from 2016 to 2023 to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.

Key market segments:

By Product

Human Serum Albumin
Bovine Serum Albumin
Recombinant Albumin

By Application

Therapeutics
Drug Formulation & Vaccine
Component of Media
Other Applications

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Grifols, S.A.
Octapharma AG
China Biologic Products, Inc.
Ventria Bioscience
Shire Plc
CSL Limited
Albumedix Ltd.
Merck KGaA
Thermo Fisher Scientific
Baxter International Inc.

LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request)

Biotest AG
Medxbio Pte Ltd
Mitsubishi Tanabe Pharma Corporation
Kedrion Biopharma, Inc.
HiMedia Leading BioSciences Company
Celgene Corporation
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CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Market share analysis, 2016
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in prevalence of rare diseases and various life-threatening conditions
3.4.1.2. Increase in demand for albumin
3.4.1.3. Growing preferences for recombinant albumin
3.4.1.4. Rise in non-therapeutic application of albumin
3.4.2. Restraints
3.4.2.1. Stringent government regulations
3.4.2.2. Risks associated with albumin
3.4.3. Opportunities
3.4.3.1. Opportunities in emerging economies
3.4.3.2. Development of cost effective therapeutics through large scale production
3.4.4. Impact analyses
3.5. Government regulations
3.6. Patent analysis (2013-2018)
3.6.1. Patent analysis, by year
3.6.2. Patent analysis for year 2017, by country

CHAPTER 4: ALBUMIN MARKET, BY PRODUCT
4.1. Overview
4.1.1. Market size and forecast
4.2. Human serum albumin
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Bovine serum albumin
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Recombinant albumin
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

CHAPTER 5: ALBUMIN MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast (value)
5.2. Therapeutics
5.2.1. Market size and forecast, by region
5.2.2. Market analysis, by country
5.3. Drug formulation & vaccines
5.3.1. Market size and forecast, by region
5.3.2. Market analysis, by country
5.4. Component of media
5.4.1. Market size and forecast, by region
5.4.2. Market analysis, by country
5.5. Other applications
5.5.1. Market size and forecast, by region
5.5.2. Market analysis, by country

CHAPTER 6: ALBUMIN MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends, growth factors and opportunities
6.2.2. North America albumin market, by country
6.2.2.1. U.S.
6.2.2.1.1. Market size and forecast, by product
6.2.2.1.2. Market size and forecast, by application
6.2.2.2. Canada
6.2.2.2.1. Market size and forecast, by product
6.2.2.2.2. Market size and forecast, by application
6.2.2.3. Mexico
6.2.2.3.1. Market size and forecast, by product
6.2.2.3.2. Market size and forecast, by application
6.2.3. North America market size and forecast, by product
6.2.4. North America market size and forecast, by application
6.3. Europe
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Europe market size and forecast, by country
6.3.2.1. Germany
6.3.2.1.1. Market size and forecast, by product
6.3.2.1.2. Market size and forecast, by application
6.3.2.2. France
6.3.2.2.1. Market size and forecast, by product
6.3.2.2.2. Market size and forecast, by application
6.3.2.3. UK
6.3.2.3.1. Market size and forecast, by product
6.3.2.3.2. Market size and forecast, by application
6.3.2.4. Italy
6.3.2.4.1. Market size and forecast, by product
6.3.2.4.2. Market size and forecast, by application
6.3.2.5. Spain
6.3.2.5.1. Market size and forecast, by product
6.3.2.5.2. Market size and forecast, by application
6.3.2.6. Rest of Europe
6.3.2.6.1. Market size and forecast, by product
6.3.2.6.2. Market size and forecast, by application
6.3.2.6.3. Europe market size and forecast, by product
6.3.2.6.4. Europe market size and forecast, by application
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Asia-Pacific market size and forecast, by country
6.4.2.1. Japan
6.4.2.1.1. Market size and forecast, by product
6.4.2.1.2. Market size and forecast, by application
6.4.2.2. China
6.4.2.2.1. Market size and forecast, by product
6.4.2.2.2. Market size and forecast, by application
6.4.2.3. India
6.4.2.3.1. Market size and forecast, by product
6.4.2.3.2. Market size and forecast, by application
6.4.2.4. Australia
6.4.2.4.1. Market size and forecast, by product
6.4.2.4.2. Market size and forecast, by application
6.4.2.5. South Korea
6.4.2.5.1. Market size and forecast, by product
6.4.2.5.2. Market size and forecast, by application
6.4.2.6. Rest of Asia-Pacific
6.4.2.6.1. Market size and forecast, by product
6.4.2.6.2. Market size and forecast, by application
6.4.3. Asia-Pacific market size and forecast, by product
6.4.4. Asia-Pacific market size and forecast, by application
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. LAMEA market size and forecast, by country
6.5.2.1. Brazil
6.5.2.1.1. Market size and forecast, by product
6.5.2.1.2. Market size and forecast, by application
6.5.2.2. Saudi Arabia
6.5.2.2.1. Market size and forecast, by product
6.5.2.2.2. Market size and forecast, by application
6.5.2.3. South Africa
6.5.2.3.1. Market size and forecast, by type
6.5.2.3.2. Market size and forecast, by application
6.5.2.4. Rest of LAMEA
6.5.2.4.1. Market size and forecast, by product
6.5.2.4.2. Market size and forecast, by application
6.5.3. LAMEA market size and forecast, by product
6.5.4. LAMEA market size and forecast, by application

CHAPTER 7: COMPANY PROFILES
7.1. Baxter International Inc.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.2. China Biologic Products Holdings, Inc.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.3. CSL Limited
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.4. Grifols S.A. (Grifols International, S.A.)
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. Merck KGaA
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments
7.6. Novozymes A/S (Albumedix Ltd.)
7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Product portfolio
7.6.4. Business performance
7.7. Octapharma AG
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.8. Shire Plc. (Shire US, Inc.)
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.9. Thermo Fisher Scientific Inc (Affymetrix, Inc.)
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. Ventria Bioscience
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating product categories
7.10.4. Product portfolio
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According to a new report titled, Albumin Market, by Product, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023" the global albumin market was valued at $5,381 million in 2016, and is projected to reach $10,305 million in 2023, registering a CAGR of 9.6% from 2017 to 2023.

Albumin is globular protein found in liquid component of blood called plasma. It is most abundant protein in plasma constituting around 50% of the total protein in the blood. It plays a vital role in maintaining proper oncotic pressure of blood and transporting hormones, fatty acids, and other compounds throughout the body. It is derived from blood plasma on fractionation, and is widely used to clinically to treat variety of diseases. Different types of albumin are used clinically. These include human serum albumin, bovine serum albumin, and recombinant albumin.

The factors that drive the growth of the albumin market include increase in prevalence of life-threatening diseases and conditions namely surgical procedures, liver diseases, trauma and burns cases, and others. Moreover, rise in awareness about recombinant albumin products, upsurge in demand for albumin products, and growth in non-therapeutic application of albumin also fuel the growth of the market. However, stringent governmental regulations and reforms, and risk of side effects associated after using albumin products impede the market growth. Conversely, the development of cost-effective therapeutic along with large production of albumin and presence of untapped market in emerging economies are expected to provide lucrative growth opportunities for the market.

The human serum albumin segment accounted for the largest share in 2016, owing to high usage as blood volumizer and applicability for treating variety of diseases and improved human serum albumin production due to the emergence of advanced technologies. However, the recombinant albumin segment is expected to grow at the high CAGR from 2017 to 2023.

The utilization rate of albumin for therapeutics is high owing to rise in prevalence of trauma and cases of burns as well as increase in the number of surgical procedures. However, drug formulation and vaccines segment is expected to grow at a high CAGR during the forecast period.

Key findings of the Albumin Market:

The bovine serum albumin segment accounted for nearly one-eighth share of the global albumin market in 2016.
The recombinant albumin segment is expected to grow at highest CAGR from 2017 to 2023.
The component of media segment accounted for around one-fifth share of the global market in 2016.
Europe accounted for around one-third share of the global market in 2016.
LAMEA is expected to provide lucrative market growth opportunities from 2017 to 2023.

North America was the leading revenue contributor to the global albumin market in 2016, and is expected to dominate the market during the forecast period. This is attributed to the early approval of albumin products and high adoption of recombinant albumin in this region. However, Asia-Pacific is expected to grow at the highest CAGR during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward albumin products.
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