healthcare and medical
October 8, 2020

COVID-19: Impact of Convalescent Plasma Therapy in Healthcare Industry

Coronavirus is a large family of viruses known for diseases ranging from the common cold to even more serious diseases such as Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory Syndrome (MERS). The virus has spread to almost all regions of the world, affecting both developed and developing countries which have heavily affected pharmaceutical and biotechnology companies. The epidemic spread rapidly across the globe within three months and was characterized by the VHO as a pandemic on March 11, 2020. According to the Worldometers.info statistics, as of 27th April 2020, there are 3,064,225 people are already affected and 211,537 patients are died due to the coronavirus. There are currently no approved specific antiviral agents targeting the new virus, while some drugs are still under investigation, including remdesivir and lopinavir / ritonavir. It is urgent to look for an alternative strategy to treat COVID-19, especially among severe patients, as an effective vaccine and specific antiviral medicines are not available till the date.

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Global Plasma Therapy Market

Global Plasma Therapy Market By Type (Pure PRP, Leucocyte-Rich PRP, Pure Platelet-Rich Fibrin, Leukocyte-Rich Fibrin), Source (Autologous, Allogenic), Application (Orthopedics, Dermatology, Dental, Cardiac Muscle Injury, Nerve Injury, Others), End User (Hospitals & Clinics, Research Institutions), Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Plasma Therapy Market

Global plasma therapy market is registering a healthy CAGR of 15.7% in the forecast period of 2019-2026. This rise in the market value can be attributed to the growth in the use of planet rich plasma for the treatment of various diseases that drives the growth of the industry and increasing incidents of sports injuries.

Market Definition: Global Plasma Therapy Market

Blood plasma involves soft tissue healing autologous platelets, platelets and cytokines. It remains a standard method broadly used in specialties of orthopedics, dentistry, and dermatology. Plasma therapy is commonly used in wound healing, facial rejuvenation, and androgenetic alopecia. Plasma is focused on the physiological value up to three to five times and then vaccinated into the tissues.

Global Plasma Fractionation Market

Global Plasma Fractionation Market By Product (Immunoglobulins, Coagulation Factor Concentrates, Albumin, Protease Inhibitors, Other Products), Application (Neurology, Immunology, Hematology, Critical Care, Pulmonology, Hemato-Oncology, Rheumatology, Other Applications), End User (Hospitals & Clinics, Clinical Research Laboratories, Academic Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026.

Global Cold Plasma Market

Global Cold Plasma Market, By Regime Type (Low Pressure,  Atmospheric Pressure), Technology (Remote Treatment Direct Treatment, Electrode Contact), Industry (Textile, Polymer And Plastic, Electronics And Semiconductor, Food & Agriculture, Medical), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027

Customization Available: Global Cold Plasma Market

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These studies have aroused hope. However, researchers warn that it is too early to think of plasma therapy as an effective treatment. For example, the sample sizes in Covid-19 plasma therapy trials are too small to draw definitive conclusions.

Browse Related Report:

·        Global Plasma Therapy Market - Industry Trends and Forecast to 2026

·        Global Plasma Fractionation Market - Industry Trends and Forecast to 2026