The Plasma Therapy Market, estimated at USD 436.2 Mn in 2025, is expected to exhibit a CAGR of 14.2% and reach USD 1,105.0 Mn by 2032.
The market growth is driven by increasing demand for innovative and effective drugs across diverse therapeutic areas. Advances in drug discovery, biopharmaceuticals, and digital technologies are improving treatment outcomes and operational efficiency. Supportive regulations, rising R&D investments, and a strong focus on patient-centric care are creating new opportunities for pharmaceutical companies.
The geriatric population is increasing rapidly, globally. This population group is highly susceptible to different types of age-related diseases such as Parkinson's disease, mental health disorders, and others. For instance, according to the Report of the Technical Group on Population Projections for India and States 2011-2036- a technical Group, constituted by the National Commission on Population (NCP), there were nearly 138 million elderly persons in India in 2021 (67 million males and 71 million females) and this population was further expected to increase by around 56 million elderly persons in 2031.
Global Plasma Therapy Market– Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2019 as "coronavirus disease 2019" or COVID-19. This virus spread quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries such as India, China, Brazil, and others faced problems with regard to the transportation of drugs from one place to another.
COVID-19 had a positive impact on the global plasma therapy market. According to the World Health Organization (WHO), on August 31, 2020, 261,790 people were infected by the coronavirus and 850,762 people died from the infection. Therefore, the rapidly increasing number of infected people led government of many countries to encourage plasma donation from patients who had recovered from the illness. For instance, on 2nd June 2020, The Pentagon- the military headquarters of the U.S., launched a drive to collect plasma from the military personnel who had recovered from the infection.
Global Plasma Therapy Market: Key Developments
Strategies like investments in manufacturing sites to develop new drug treatments can increase the reach of the products and this is expected to boost market growth during the forecast period.
For instance, on July 15, 2023, Takeda Pharmaceutical Company Limited, a Japan-based multinational pharmaceutical company, announced that through its investment of approximately US$ 673 Mn, it plans to build a new manufacturing facility for plasma-derived therapies (PDTs) in Osaka, Japan.