Human Albumin Market - Opportunities and Forecast, 2016 - 2020

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Global Human Albumin Market to grow at a CAGR of 4.97%
during the period 2016-2020
Summary
Technavio Announces the Publication of its Research Report – Global Human Albumin Market 20162020
Technavio recognizes the following companies as the key players in the global human albumin market:
CSL Behring, Grifols, Baxalta, Octapharma, and Kedrion.
Other Prominent Vendors in the market are: AADi, Ablynx, Albumedix, Ampio Pharmaceuticals, Azaya
Therapeutics, Beijing Tiantan, Biotest, Bristol-Myers Squibb, Celgene, ConjuChem, GSK, Hebei
Changshan Biochem Pharma, HiMedia Laboratories, Hualan Biological Engineering, InVittria, MedxBio,
Merck, Mitsubishi Tanabe Pharma, NantBioScience, Novo Nordisk, Novozymes, Shanghai RAAS Blood
Products, Sucampo Pharmaceuticals, Teva Pharmaceuticals, Thermo Fisher Scientific, Tianjin SinoBiotech
& Beijing Bio-Fortune, Ventria Bioscience, and Yoshitomi Pharmaceutical.
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Commenting on the report, an analyst from Technavio’ s team said: “A trend helping to propel market
growth is the rise in non-therapeutic applications. Non-therapeutic applications of albumin are on a rise.
Research is yet to evaluate the applications of albumin as an excipient for commercial use. Some areas
where albumin can be employed are as a drug-formulating agent, an ingredient in vaccines and sealant
in surgeries, and to coat medical devices and equipment. Though the current supply of albumin for nontherapeutic purposes is low, the high interest shown by the research institutes and pharmaceutical and
biopharmaceutical companies in investigating the potential non-therapeutic uses of albumin is expected
to drive the market.”
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According to the report, a key driver is the high demand for human albumin in China. China is the largest
market for albumin products. Albumin is being used as a volume replacement therapy and for treating
kidney diseases, cirrhosis, and cancer. But the demand for plasma products, primarily albumin and
immunoglobulins, is outstripping the supply. This is because of the stringent regulations imposed on the
supply of raw materials and ban in the import of plasma products. Because of the increased demand for
albumin products, the ban on import of plasma products did not include albumin
Further, the report states that one challenge that could curtail market growth is the spread of
pathogenic contaminants.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Human Albumin Market
Albumin-based therapies such as Idelvion (CSL654 rIX-FP) by CSL Behring received marketing approval
from the US FDA in March 2016 and from the EMA in May 2016. Apart from these, Albutropin (TV-1106)
by Teva Pharmaceuticals, Ampion by Ampio Pharmaceuticals, and Albutein by Grifols (for Alzheimer's
disease)
are
expected
to
enter
the
market
during
the
forecast
period.
The demand for albumin is high in APAC in countries like India and China. Still, the uptake of these
therapeutics is less due to the lack of awareness about these products and their therapeutic uses. Thus,
the awareness programs conducted by organizations such as PPTA, which includes International Plasma
Awareness Week, to help increase the awareness about plasma donation and the different plasma
protein therapies available, along with their potential uses, is expected to increase the uptake of these
therapeutics in treating various conditions.
Technavio’ s analysts forecast the global human albumin market to grow at a CAGR of 4.97% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global human albumin market
for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of
branded and generic albumin drugs used to treat infections, liver diseases, shock, during surgery, and
severe burns. The report also considers the revenues to be generated from the sales of drugs that are
expected to be launched in the market along with the decline in revenues from the genericization of the
marketed drugs during the forecast period.
The market is divided into the following segments based on geography:
• Americas
• APAC
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• EMEA
Technavio's report, Global Human Albumin Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• CSL Behring
• Grifols
• Baxalta
• Octapharma
• Kedrion
Other prominent vendors
• AADi
• Ablynx
• Albumedix
• Ampio Pharmaceuticals
• Azaya Therapeutics
• Beijing Tiantan
• Biotest
• Bristol-Myers Squibb
• Celgene
• ConjuChem
• GSK
• Hebei Changshan Biochem Pharma
• HiMedia Laboratories
• Hualan Biological Engineering
• InVittria
• MedxBio
• Merck
• Mitsubishi Tanabe Pharma
• NantBioScience
• Novo Nordisk
• Novozymes
• Shanghai RAAS Blood Products
• Sucampo Pharmaceuticals
• Teva Pharmaceuticals
• Thermo Fisher Scientific
• Tianjin SinoBiotech & Beijing Bio-Fortune
• Ventria Bioscience
• Yoshitomi Pharmaceutical
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Market driver
• High demand for human albumin in China
• For a full, detailed list, view our report
Market challenge
• Spread of pathogenic contaminants
• For a full, detailed list, view our report
Market trend
• Rise in non-therapeutic applications
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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provided within the report.
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Table Of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Plasma therapeutics: An overview
• Components of blood plasma
• Derivation of various plasma therapeutics
PART 06: Global plasma therapeutics market
• Market overview
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• Market size and forecast
PART 07: Plasma fractionation market
• Overview
• Market size and forecast
• Market players
PART 08: Albumin: An overview
• Types of albumin
• Albumin in human body
• Clinical uses
PART 09: Pipeline portfolio
PART 10: Global albumin market
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According to the report, a key driver is the high demand for human albumin in China. China is the largest market for albumin products. Albumin is being used as a volume replacement therapy and for treating kidney diseases, cirrhosis, and cancer. But the demand for plasma products, primarily albumin and immunoglobulins, is outstripping the supply. This is because of the stringent regulations imposed on the supply of raw materials and ban in the import of plasma products.