The growth in the forecast period can be attributed to rising cases of burns and trauma, growing elderly population, increasing adoption in therapeutic areas, high prevalence of protein deficiencies, and rising awareness of albumin-based therapies. Major trends in the forecast period include product innovations, advancements in biotechnology, strategic collaborations and partnerships, and growth in emerging markets.
The growing demand for biological products is expected to accelerate the expansion of the albuminar-20 market in the future. Biological products are complex pharmaceutical substances derived from living organisms, used for diagnosing, preventing, treating, and curing medical conditions. The rising demand for biological products is driven by factors such as environmental concerns, increased consumer awareness, and the need for sustainable, effective alternatives to synthetic chemicals. Biologics enable the production of albuminar-20 by utilizing advanced biotechnology, such as recombinant DNA technology, to introduce the human serum albumin gene into host cells, which then produce the protein in large quantities for medical applications. For example, in October 2024, the US Food and Drug Administration reported that by the end of 2022, 40 biosimilars had been approved, with 27 available in the United States. As a result, the growing demand for biological products is propelling the growth of the albuminar-20 market.
The rise in healthcare expenditure is expected to drive the growth of the albuminar-20 market in the coming years. Healthcare expenditure refers to the total financial resources spent on healthcare services, including medical treatment, hospital services, pharmaceuticals, medical equipment, public health programs, and administrative costs. Factors such as aging populations, medical technology advancements, a higher prevalence of chronic diseases, and increased demand for quality healthcare services contribute to the rise in healthcare spending. This increase in spending supports albuminar-20 by facilitating greater access to advanced therapies, improving healthcare infrastructure, and boosting demand for plasma-derived products, especially in regions with aging populations and a higher incidence of chronic diseases. For instance, in September 2024, the Centers for Medicare & Medicaid Services reported that US healthcare spending increased by 4.1% in 2022, totaling $4.5 trillion, or $13,493 per capita. Therefore, the rise in healthcare expenditure is driving the growth of the albuminar-20 market.
The growth in surgical procedures is expected to further fuel the expansion of the albuminar-20 market. Surgical procedures are medical operations performed to diagnose, treat, or manage health conditions through manual or instrumental techniques. The increase in surgical procedures is driven by factors such as advancements in medical technology, rising chronic disease prevalence, aging populations, and growing demand for minimally invasive techniques. Albuminar-20 plays a key role in surgical procedures by acting as a plasma volume expander, stabilizing blood pressure, maintaining circulatory volume, and supporting organ function during or after surgery, particularly in cases involving significant blood loss or trauma. For instance, in September 2023, the International Society of Aesthetic Plastic Surgery reported an 11.2% increase in procedures performed by plastic surgeons in 2022, with over 14.9 million surgical and 18.8 million non-surgical procedures performed worldwide. Additionally, both surgical and non-surgical procedures showed increases compared to previous surveys. Therefore, the rise in surgical procedures will contribute to the growth of the albuminar-20 market.
The key company operating in the albuminar-20 market is Grifols SA.
North America was the largest region in the albuminar-20 market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in albuminar-20 report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the albuminar-20 market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Albuminar-20 is a sterile 20% human serum albumin solution used as a plasma volume expander and for various therapeutic purposes. It works by maintaining oncotic pressure, which helps restore and stabilize blood volume in conditions such as hypovolemia, burns, or hypoalbuminemia. Derived from pooled human plasma and processed to minimize the risk of infectious agents, Albuminar-20 is primarily utilized in critical care environments.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The primary formulations in the albuminar-20 market include human serum albumin, recombinant albumin, and bovine serum albumin. Human serum albumin (HSA) is a protein found in human blood plasma that plays an essential role in maintaining oncotic pressure (which keeps fluid within blood vessels) and transporting substances such as hormones, fatty acids, and drugs. Common indications for use include shock treatment, burns, and hypoalbuminemia, with distribution channels including hospitals, clinics, and retail and specialty pharmacies. The main end users of albuminar-20 are hospitals and clinics, the pharmaceutical and biotechnology industry, and research institutes.
The albuminar-20 market consists of sales of human serum albumin solutions and protein replacement or plasma volume expansion. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Albuminar-20 Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on albuminar-20 market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for albuminar-20 ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The albuminar-20 market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Formulation: Human Serum Albumin; Recombinant Albumin; Bovine Serum Albumin2) By Indication: Shock Treatment; Burns; Hypoalbuminemia
3) By Distribution Channel: Hospital And Clinics; Retail And Specialty Pharmacies
4) By End User: Hospitals And Clinics; Pharmaceutical And Biotechnology Industry; Research Institutes
Key Companies Profiled: Grifols SA
Countries: Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Grifols SA