Albumin Market: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2022-27

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Global Albumin Market Outlook 2022-2027:

The latest report by IMARC Group, titled “Albumin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global albumin market size reached US$ 5.4 Billion in 2021.

Albumin refers to a water-soluble globular protein produced by the liver and found in blood plasma. It enters the bloodstream and prevents fluids from leaking out of the blood vessels into other tissues. It also maintains the blood volume, regulates intravascular colloid osmotic pressure (COP), and carries hormones, vitamins, and enzymes throughout the body.

It is widely used as a blood volumizer to treat rare diseases, liver disorders, blood loss, shocks, surgical complications, and burns. Besides this, albumin finds extensive applications in manufacturing drug delivery systems, therapeutics, culture media, and vaccines.

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Global Albumin Market Drivers/Constraints:

Albumin is extensively utilized for treating renal dialysis, liver failure, hypovolemia, acute respiratory distress syndrome, cardiopulmonary disorders, nephrosis, and hypoalbuminemia. As a result, the surging prevalence of chronic diseases represents the primary factor driving the market growth. Moreover, the expanding geriatric population that is more prone to developing such medical ailments is positively influencing the market growth.

Furthermore, albumin is rapidly gaining traction as a pharmaceutical stabilizer to reduce the denaturation of protein-active ingredients. In line with this, the growing usage of human serum albumin (HSA) to replenish proteins in human plasma and regulate plasma colloid oncotic pressure has augmented the product demand.

Apart from this, the rising adoption of HSA in pharmaceutical preparations, such as drug formulations and vaccines, is another major growth-inducing factor. In addition, the introduction of albumin-based nanoparticles and extensive investments in drug development and drug discovery activities in the biopharmaceutical industry have catalyzed market growth.

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Key Market Segmentation

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Breakup by End User:

Breakup by Region: forward, by

Report Description Key Questions Answered in the Report

1. What has been the historical growth rate of the global Albumin Market?

2. What has been the impact of COVID-19 on the global Albumin Market?

3. What are the key factors driving the global Albumin Market?

4. What is the breakup of the global Albumin Market based on the type?

5. What is the breakup of the global Albumin Market based on the application?

6. What is the breakup of the global Albumin Market based on the distribution channel?

7. What are the key regions in the global Albumin Market?

8. Who are the key players/companies in the global Albumin Market?

Report Description of Contents

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