Albumin Market Research Report, Growth, Industry Trends, Share, Size and Forecast 2022-2027

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Albumin Market
Albumin Market

According to IMARC Group latest report titled “Albumin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on albumin market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global albumin market reached a value of US$ 5.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2027, exhibiting a CAGR of 6.15% during 2022-2027.

Albumin refers to the water-soluble globular protein present in blood plasma. It is synthesized in the liver and is essential for maintaining the blood volume and transportation of enzymes, bile salt molecules, hormones, etc. Albumin is widely available in human, bovine, and recombinant variants. It is vital for sustaining the intravascular colloid osmotic pressure (COP) and preventing leakage of fluids into the tissue. Albumin is utilized as a blood volumizer to treat rare diseases, burns, liver disorders, blood loss trauma, etc. As a result, it finds extensive applications in drug delivery systems, therapeutics, culture media, vaccines, etc.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The growing prevalence of chronic medical ailments across the globe is primarily driving the albumin market. In line with this, the expanding geriatric population, which is more susceptible to such conditions, is also propelling the market growth. Furthermore, the escalating utilization of albumin for the development of drugs and stable vaccine formulations is catalyzing the product demand. Besides this, the increasing adoption of human serum albumin (HSA) to replenish proteins in the human plasma and maintain plasma colloid oncotic pressure is acting as another growth-inducing factor. Additionally, the introduction of product-based nanoparticles and the rising number of R&D activities in the field of biotechnology are projected to bolster the albumin market in the coming years.

Explore Full Report with Table of Contents: https://www.imarcgroup.com/albumin-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Albumedix Ltd
  • Biotest AG
  • Celgene Corporation (Bristol-Myers Squibb Company)
  • CSL Limited
  • Grifols SA
  • HiMedia Laboratories
  • Medxbio Pte Ltd
  • Merck KGaA
  • Octapharma AG
  • Takeda Pharmaceutical Company Limited
  • Thermo Fisher Scientific Inc.
  • Ventria Bioscience Inc

Albumin Market Segmentation:

Our report has categorized the market based on region, product, application and end use industry.

Breakup by Product:

  • Human Serum Albumin
  • Bovine Serum Albumin
  • Recombinant Albumin

Breakup by Application:

  • Therapeutics
  • Drug Formulation and Vaccine
  • Component of Media
  • Others

Breakup by End User:

  • Hospitals and Clinics
  • Pharmaceutical and Biotechnology Companies
  • Research Institutes

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

List of Figures

Figure 1: Global: Albumin Market: Major Drivers and Challenges
Figure 2: Global: Albumin Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Albumin Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Albumin Market: Breakup by Product (in %), 2021
Figure 5: Global: Albumin Market: Breakup by Application (in %), 2021
Figure 6: Global: Albumin Market: Breakup by End User (in %), 2021
Figure 7: Global: Albumin Market: Breakup by Region (in %), 2021
Figure 8: Global: Albumin (Human Serum Albumin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Albumin (Human Serum Albumin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Albumin (Bovine Serum Albumin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Albumin (Bovine Serum Albumin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Albumin (Recombinant Albumin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Albumin (Recombinant Albumin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Albumin (Therapeutics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Albumin (Therapeutics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Albumin (Drug Formulation and Vaccine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Albumin (Drug Formulation and Vaccine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Albumin (Component of Media) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Albumin (Component of Media) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Albumin (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Albumin (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Albumin (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Albumin (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Albumin (Pharmaceutical and Biotechnology Companies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Albumin (Pharmaceutical and Biotechnology Companies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Albumin (Research Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Albumin (Research Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Albumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Albumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Albumin Market: Sales Value (in Million US$), 2016 & 2021

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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