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Albumin Market 2018: Global Analysis and Forecast to 2022
Global Albumin Market Overview:
According to market analysts, Global Albumin Market is projected to grow at a high CAGR value from 2018 to 2022.
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Factors such as the high demand of albumin in R&D activities, rising non-therapeutic application of albumin, development of plant based albumin, rising production of immunoglobulins, and rise in plasma collection are driving the Albumin market.
The Albumin Market is segmented based on type, application, end-user and region. Based on type, the market is sub-segmented into human serum albumin, bovine serum albumin and recombinant albumin. Among these human serum albumin segment is expected to dominate the market owing to high demand as blood volumizer in emerging markets. Recombinant human serum albumin is an advanced form of HSA, which is produced on large scale through gene sequence modification.
Based on application, global albumin market is sub-segmented into drug delivery, therapeutics, culture media ingredient, vaccine ingredient and others. The drug delivery segment accounted for 25.0% market share and the trend is expected to continue in the near future.
The end-user segment includes pharmaceutical & biotechnology industries, research institutes, and others. Pharmaceutical & biotechnology industries are anticipated to dominate the albumin market in the forecast period due to the rapid increase in R&D activities to develop advanced products and a rise in government funding.
Regionally, The Asia Pacific is anticipated to dominate the albumin market during the forecast period. Asia Pacific region held the largest share of the albumin market. North America is the second most lucrative market after the Asia Pacific. Europe is anticipated to show a rapid growth in this market.
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Key Players:
1 Octapharma
2 Kedrion
3 CSL Behring
4 Shire (Baxter)
5 Grifols
6 Hualan Bio
7 Taibang Bio
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the Albumin Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Albumin Definition
2 Global Albumin Market Major Player Share and Market Overview
3 Major Player Albumin Business Introduction
4 Global Albumin Market Segmentation (Region Level)
5 Global Albumin Market Segmentation (Type Level)
6 Global Albumin Market Segmentation (Industry Level)
7 Albumin Market Forecast 2018-2022
8 Albumin Segmentation Type
9 Albumin Segmentation Industry
10 Albumin Cost Analysis
11 Conclusion
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