Friday, 19 April 2024
The Albumin Market is anticipated to grow in the forecast period owing to driving factors such as rising usage of albumin as multifunctional excipient, shift towards usage of recombinant albumin and grant of regulatory approvals, technological developments in drug formulation and drug delivery and increase in access to technologies such as use of albumin in cell culture media.
Albumin is a water soluble globular protein produced in the liver accounting for 50% of blood plasma proteins. These play important role in regulating blood volume and act as transporters for molecules such as few hormones, bile salts and ions.
The Albumin Market is anticipated to grow in the forecast period owing to driving factors such as rising usage of albumin as multifunctional excipient, shift towards usage of recombinant albumin and grant of regulatory approvals, technological developments in drug formulation and drug delivery and increase in access to technologies such as use of albumin in cell culture media. Nevertheless, stringent government regulations and post-operative risks associated with albumin-based therapy may hamper the market growth during the forecast period.
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The "Global Albumin Market Analysis to 2027" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of Albumin Market with detailed market segmentation by Product, Application and geography. The global Albumin Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Albumin Market players and offers key trends and opportunities in the market.
In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Baxter International Inc
China Biologic Products Holdings Inc.
CSL Limited
Grifols S.A.
Merck KGaA
Novozymes A/S
Octapharma AG
Shire Plc
Thermo Fisher Scientific Inc.
Ventria Bioscience
The global Albumin Market is segmented on the basis of Product and Application. Based on Product the market is segmented as Human Serum Albumin, Bovine Serum Albumin and Recombinant Albumin. Based on Application the market is segmented into Therapeutics, Drug Formulation & Vaccines, Component of media and Other Applications.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The report is a combination of qualitative and quantitative analysis of the Asia Pacific Genome Editing industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
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