Plasma Therapy For COVID-19: A Possible Treatment For Coronavirus?

COVID-19 convalescent plasma has not yet been approved by the FDA, to it is regulated as an exploratory product. As such, the COVID-19 administration convalescent plasma by a physician must be under investigation by a new drug application (IND) under traditional regulatory through IND, Extended Access IND, or newly announced administration of a new emergency drug (eIND) for one patient (42) U.S.C. 262(a)(3); 21 U.S.C. 355(i); 21 CFR 601.21; and 21 CFR 312.1).  The FDA is not doing collection of COVID-19 convalescent plasma or provides COVID-19 convalescent plasma. Healthcare professionals or acute care facilities would receive COVID-19 instead convalescent plasma from an FDA-registered blood establishment.

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This report presents a comprehensive overview, market shares, and growth opportunities of Plasma Therapy market by product type, application, key manufacturers and key regions and countries.

This study specially analyses the impact of Covid-19 outbreak on the Plasma Therapy, covering the supply chain analysis, impact assessment to the Plasma Therapy market size growth rate in several scenarios, and the measures to be undertaken by Plasma Therapy companies in response to the COVID-19 epidemic.

Global Plasma Therapy Market Split By Product Type And Applications:

This report segments the global Plasma Therapy Market on the basis of Types are:

·        Pure PRP

·        Leucocyte-rich PRP

·        Leukocyte-rich Fibrin (L-PRF)

On the basis of Application, the Global Plasma Therapy Market is segmented into:

·        Orthopedic

·        Darmatology

·        Cardiac Muscle Injury

·        Dental

·        Nerve Injury

Regional Analysis For Plasma Therapy Market:

For comprehensive understanding of market dynamics, the Plasma Therapy Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Impact on demand

Scientists are trying to use vaccines, medicines and other methods as a cure for the new coronavirus. With no confidence in the exact treatment in sight, doctors around the world are working on the treatment of centuries-old cure for infections: infusion of blood plasma that is immune to molecules can help survivors beat the infection. The demand of plasma therapy is increasing due to their potential use in the coronavirus treatment. The plasma therapy is the only therapy which shown positive results for the corona virus treatment. In addition to the US, China and Turkey, Spain, Italy, South Korea, the United Kingdom, there are some of the few countries that are also looking at plasma therapy to more easily address the worldwide coronavirus crisis. Even India joined the belt and started a trial for plasma therapy. In Delhi hospital has successfully cured COVID-19 patient using plasma therapy. The respiratory rate of the first patient was 30 which should be 15, and the oxygen saturation level was 85%, which should be 95%. After plasma therapy, the respiratory rate was 20 and the oxygen saturation level was 98%. This has been observed in all patients with increased respiratory rate and oxygen saturation level.

Strategic decisions of manufacturers

Collaboration, agreements, strategic initiatives by market players such as CSL Behring, Takeda Pharmaceutical Company Limited, Biotest, Octapharma in the plasma therapy market will help them expand their market and expand their product portfolio. This, in turn, will help increase product demand among consumers, thus increasing future sales.

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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