Towards Healthcare
Plasma Fractionation Market Size to Soar USD 72.86 Billion by 2034

Plasma Fractionation Market Surges as Global Demand for Immunoglobulin Climbs 11.9% in 2024

According to market projections, the global plasma fractionation market, valued at USD 35.22 billion in 2024, is anticipated to reach USD 72.86 billion by 2034, growing at a CAGR of 7.54% over the next decade. The rising therapeutic demand for plasma is boosting the plasma fractionation market.

Category: Biotechnology Insight Code: 5320 Format: PDF / PPT / Excel

The global plasma fractionation market size was estimated at US$ 32.75 billion in 2023 and is projected to grow to US$ 72.86 billion by 2034, rising at a compound annual growth rate (CAGR) of 7.54% from 2024 to 2034.

Plasma Fractionation Market Revenue 2023 - 2034

Key Takeaways

  • North America dominated the global plasma fractionation market in 2024.
  • Europe is expected to be the fastest-growing during the forecast period.
  • By type, the immune globulin segment dominated the market in 2024.
  • By type, the coagulation factor segment is expected to grow significantly at a notable CAGR during the forecast period.
  • By application type, the hospital segment dominated the market in 2024.
  • By application type, the retail pharmacy segment is expected to be the fastest growing during the forecast period.

Market Overview

Plasma fractionation is a complex process to separate blood plasma into individual components, predominantly protein which includes clotting factors, albumin, immunoglobulins and fibrinogens, other components are enzymes and antibodies with phenomenal therapeutical values. Plasma fractionation is widely used in pharmaceutical research to treat chronic diseases. The worldwide rising demand for plasma derivatives due to increased immune disease, coagulation disorders and genetic defects is fuelling the market growth.

  • In September 2024, Epsilogen, a global leading biotechnology company in London, expanded its financing round by raising $16.4 million to process the development of its immunoglobulin E (IgE) antibodies for cancer treatment. The investment was sourced by the British Patient Capital, the Novartis Venture Fund, Epidarex Capital, the 3B Future Health Fund and ALSA Ventures.
  • In June 2024, Biotest, a global company that supplies plasma protein products and biotherapeutic drugs, controlled by Grifols, a globally leading healthcare company, received FDA approval for marketing Yimmugo – a treatment of primary humoral immunodeficiency (PI) in patients 2 years of age or older.
  • In July 2024, the Independent Health and Aged Care Pricing Authority announced Activity Based Funding (ABF) for home-delivered subcutaneous immunoglobulin (SCIg) infusion therapy. This therapy is a non-admitted patient service performed by patients at their homes without a healthcare provider.

Market Data & Statistics

  • According to the World Health Organization (WHO), 118.5 million blood donations are collected every year globally. The volume of plasma for fractionation ranges from 0.1 to 52.6 liters per 1000 population, with a median of 5.2 liters.
  • In 2024, more than 900 thousand kg of plasma were sent to the industry for fractionation and manufacturing plasma-derived medicines. This marks an increase of 3% from 2023, accounting for 880,000 plasmas delivered.

Market Dynamics

Chromatography is the Future of Plasma Fractionation Market

The chromatography-based method for plasma separation rapidly gaining popularity as offers gradual improvement, improves purity and enables the production of new classes of therapeutics. Plasma contains over 120 varieties of protein. When these proteins are extracted pure and concentrated, they can create life-saving therapeutics which are crucial for the treatment of several diseases such as immune deficiencies and bleeding disorders.

Even today, modern plasma fractionation technology relies on the original, ethanol-based protocol which is mostly used to isolate albumin. To produce novel plasma products which can be used to treat protein deficiencies, it is essential to implement chromatographic techniques. This precise technique has the ability to capture even trace protein. With the help of ion-exchange chromatography (IEC), proteins at their original pH and ionic strength, even fragile proteins (such as coagulation factors, anticoagulants, and protease inhibitors) are preserved and isolated.

Risk of Sepsis: Market’s Major Restraint

A study published in the journal Science Translational Medicine mentions a pattern developing with certain blood plasma protein levels that can lead to the development of sepsis in patients. A team of medical researchers analysed the plasma profiles of hundreds of ICU patients who had developed sepsis. When the body shows dysregulated response to infection, it the known as sepsis condition. It is considered a life-threatening condition as it leads to multiple organ failure. Every year in the United Kingdom approximately 50,000 deaths are noted due to sepsis.

The researchers drew out plasma samples from 16,000 patients and measured protein levels for plasma proteome using tandem mass spectrometry and liquid chromatography on 2,600 samples. The results provide a general profile which is used to identify patients at risk.

Growth in Plasma-derived Products

The increasing incidence of chronic disease is increasing the demand for plasma-derived treatment options. At the same time, they are also being used for the treatment of autoimmune and neurological disorders. Moreover, the presence of limited alternatives is increasing their use. Thus, to deal with this growing demand, the use as well as the demand for plasma fractionation facilities increases. At the same time, the growing developments in plasma-derived therapies also contribute to the same. Thus, this promotes the plasma fractionation market growth.

In June 2025, to expand the plasma fractionation product storage facilities across Andong, 12 billion won will be invested by SK Plasma. To establish freezing facilities and refrigeration facilities near its existing Andong fractionation center for storing raw plasma and finished pharmaceuticals, respectively, this investment will be utilized.

Regional Insights

North America to Sustain as a Leader

North America dominated the global plasma fractionation market in 2023. The unites states is the largest supplier of Plasma Fractionation in the world. As US has a policy of paid donors while other countries obtain plasma from volunteers and unpaid donors. Therefore, the rate of plasma collection is less in other countries. Canadian Blood Service uses raw plasma to produce a category of drugs such as plasma protein and related products. Additionally, the three largest plasma product companies in the U.S. – CSL Plasma, Grifols and BioLife, collect over 75% of total plasma for fractionation in the States. That are about 54% more plasma donation centres in the US than there were four years back. With the rising demand for plasma on every basis of 6,500 units, there needs to be a consistent donation rate.

Canada Market Trends

In Canada, 52% of people or their family members require blood or blood products at some point in their lifetime. Canadian Blood Services (CBS) is an NGO that collects and recruits blood, plasma, and platelets at 36 collection sites and more than 14,000 donor clinics annually.

Europe to Witness a Growing Industry in Upcoming Period

Europe is anticipated to register the fastest growth in the haptic devices market during the forecast period of 2024 to 2034. The growth in this region depends upon the European Union's attainment of open strategic autonomy and improved competitiveness. European Union institutes, governments and businesses are working towards a better understanding of potential vulnerabilities and opportunities to modify policies to ensure a resilient supply of plasma and plasma-derived medicinal products. This action will provide a better solution for the EU and national level to achieve recognition.

UK Market Trends

The National Health Service (NHS) aims to collect 300,000 liters of plasma annually. In July 2023, Octapharma was appointed as the sole fractionator for the UK’s Plasma for Medicines Program. The program was launched to reduce the reliance on external plasma sources and ensure a stable and affordable supply of these products in the UK.

Germany Market Trends

About 2 million people donate blood annually in Germany, accounting for 2-3% of the total population. In March 2023, CSL opened a new $470 million plasma fractionation facility in Marburg, Germany. The state-of-the-art facility was opened to transform human plasma into life-saving medicines.

Asia-Pacific Set for Strong Growth in Plasma Fractionation Market

Asia-Pacific is expected to grow at a considerable rate in the plasma fractionation market in the upcoming period. Numerous government and private organizations launch initiatives and conduct workshops to create awareness about blood and plasma donations among the general public. The rising adoption of advanced technologies to streamline the fractionation process boosts the market. The increasing prevalence of blood-related disorders and the availability of a suitable manufacturing infrastructure drive the market.

India Market Trends

In India, 14.6 million blood are required annually, and there is a shortage of approximately 1 million. Hence, the Indian government promotes blood donation through “Raktdan Amrit Mahotsav”. The E-Rakt Kosh portal is a national repository of blood donors.

Latin America Driven by Advancing Healthcare Sector

Latin America is expected to grow significantly in the plasma fractionation market during the forecast period. The healthcare sector in Latin America is advancing. They are developing as well as adapting to various advanced treatment options to tackle the growing rates of genetic disorders. This, in turn, is increasing the research and development of plasma-derived therapies for their treatment, which in turn is increasing the demand for plasma fractionation facilities. Thus, the adoption of these facilities and the development of the therapies are being supported by the government initiatives and investments. Thus, this is promoting the market growth.

Segmental Insights

What Made the Immune Globulin the Dominant Segment in the Plasma Fractionation Market? 

By type, Immune Globulin dominated the plasma fractionation market in 2023. The growth of this segment is noticed by plasma-derived immunoglobulins are provided with a new narrative in the healthcare industry for a wide range of autoimmune inflammatory diseases. Immune globulin is needed for a patient who cannot make enough antibodies. This provides externally sourced antibodies for recovery. 

The Coagulation Factor segment is expected to grow significantly in the plasma fractionation market during the forecast period of 2024 to 2034. The expansion of this segment is observed due to its ability to stop bleeding when injured. It includes a system of proteins that controls the conversion of soluble plasma fibrinogen to fibrin, an insoluble polymer that forms a gel network to stop bleeding.

How the Hospital Segment Dominated the Plasma Fractionation Market? 

By application, the hospital segment stood dominant in the plasma fractionation market in 2023. The dominance is observed due to the wide utilization of plasma at hospitals for emergency cases to boost blood volume in trauma patients, prevent shock and help with blood clotting. Healthcare providers supply various plasma-derived medicinal products to hospitals and other healthcare facilities for the treatment of patients with immune deficiency disorders, immunodeficiency virus, hepatitis virus and many more.

The retail pharmacy segment is anticipated to grow with the highest CAGR in the plasma fractionation market during the studied years. Pharmaceutical companies extract components from raw human plasma using centrifugation, depth filtration and chromatographic methods. The manufacturing process is carried out to produce effective and safe drugs.

Company Revenue

In January 2025, financial results were released by Takeda Pharmaceutical Company Limited, which were 3.5 trillion, with an increase of 9.8% year-on-year. Revenue growth was reported. The core operating profit showed JPY 1 trillion, indicating a rise of 16.3% year-on-year and JPY 835 billion, reflecting 90.8% growth, which was reported for operating cash flow. Moreover, significant growth in growth & launch products was observed with 47% of total revenue. There was a global rise in the demand for vaccines, Kudanga with around 10 million doses, while plasma-derived therapies such as albumin and immunoglobulin showed a growth of 2.2% and 11.9%, respectively.

In March 2025, the Biotest Group released its financial results, which reported € 726.2 million in sales, indicating a 6.1 % growth in sales. The sale increased from € 34.9 million to € 62.1 million for their new intravenous immunoglobulin Yimmugo®. Moreover, adjusted EBIT was observed to be € 64.5 million in the past financial year, where € 65 to 85 million is its forecast amount. Additionally, € 46.5 million was noted to be the earnings before taxes (EBT). Similarly, the EAT amounted to € 26.4 million for the 2024 financial year.

Top Companies in Plasma Fractionation Market

Latest Announcements by Industry Leaders

  • In July 2024, Spanish drugmaker Grifols, known for its plasma-derived medicines, announced Rahul Srinivasan as its new Chief Financial officer. He appreciates this new work post and thanks Nachi Abia the CEO of Grifols he states,” the Board of the venerable institution that has made a huge difference to people’s lives with its portfolio of life-changing medicines across a wide arrange of therapeutic areas.”
  • In June 2024, Roland Wandeler, President of Grifols Biopharma Business Unit comments on Biotest’s Yimmungo, “the Yimmungo will provide a strong portfolio of intravenous and subcutaneous immunoglobulins provides another innovative treatment option for patients with primary immunodeficiencies who reply of these essential medicines in their daily lives.”

Recent Developments

  • In August 2024, Nanoform Finland, the medicine performance-enhancing company is developing pre-clinical plasma-derived therapies with Takeda Pharmaceutical Company. The aim is to develop plasma-derived therapy formulations for the treatment of rare conditions.
  • In September 2024, GEFD – a joint venture between Grifols and Egypt’s National Service Project Organisation (NSPO) launched a project as a national initiative to achieve self-sufficiency in plasma-derived medicine, which is a vital treatment extracted from blood plasma for various medical conditions. The project includes a plasma laboratory, plasma warehouse, 20 donation centres and a state-of-art manufacturing facility.

Segments Covered in this Report

By Type

  • Albumin
  • Immune Globulin
  • Coagulation Factor
  • Others

By Application

  • Hospital
  • Retail Pharmacy
  • Other

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 14 August 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

It is a critical, life-saving medicine used to treat thousands of people with rare and complex diseases.

The fractionation process extracts proteins and antibodies to create the infused or injected medicines to create therapeutics.

The extraction of plasma is achieved by the process of centrifugation.

Global Finance, Takeda, Contract Pharma, National Institutes of Health, Olgam Life.