Convalescent Plasma Therapy Market
By Antibody Type;
IgM, IgG, and IgABy Application;
Prophylaxis and TreatmentBy End User;
Hospitals & Clinics, and Laboratories & Research InstitutesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Convalescent Plasma Therapy Market (USD Million), 2021 - 2031
In the year 2024, the Global Convalescent Plasma Therapy Market was valued at USD 3.43 million. The size of this market is expected to increase to USD 9.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.0%.
Convalescent Plasma Therapy Market
*Market size in USD million
CAGR 16.0 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 16.0 % |
Market Size (2024) | USD 3.43 Million |
Market Size (2031) | USD 9.71 Million |
Market Concentration | Low |
Report Pages | 337 |
Major Players
- Bio Farma
- Grifols
- Hilton Pharma
- Biotest
- BPL
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Convalescent Plasma Therapy Market
Fragmented - Highly competitive market without dominant players
The Convalescent Plasma Therapy Market is anticipated to achieve significant revenue growth and an impressive compound annual growth rate (CAGR) from 2023 to 2030. This market expansion is driven by the increasing global demand for Convalescent Plasma Therapy in both prophylaxis and treatment applications. The report provides detailed insights into the lucrative opportunities available at the country level within this market. Additionally, it offers a thorough analysis of costs, market segments, trends, regional developments, and the commercial progress of major key players worldwide during the forecast period.
This Convalescent Plasma Therapy Market report consolidates comprehensive information about the industry, encompassing both quantitative and qualitative data analysis with projections extending from 2023 to 2030. It considers various influencing factors, including product pricing, penetration levels of products or services at both country and regional scales, national GDP, market dynamics within primary and secondary markets, end-use industries, major players, consumer purchasing behavior, and the economic, political, and social conditions of different countries. The report is segmented to provide a detailed examination of the market from multiple perspectives.
The report's primary sections include market segments, market outlook, competitive landscape, and company profiles. Each segment offers in-depth details based on various perspectives such as end-use industry, product or service type, and other relevant criteria reflecting the current market scenario. The market outlook section provides a comprehensive analysis of market evolution, growth drivers, restraints, opportunities, and challenges. It also includes Porter’s Five Forces Framework, macroeconomic analysis, value chain analysis, and pricing analysis, all of which significantly influence the market both presently and throughout the forecast period. The section on drivers and restraints addresses internal market factors, while opportunities and challenges focus on external influences affecting the market. Moreover, the market outlook highlights trends that impact new business development and investment opportunities.
Global Convalescent Plasma Therapy Market Recent Developments
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Convalescent plasma therapy has shown promising results in clinical trials, demonstrating a potential to reduce mortality rates and improve recovery outcomes, especially in COVID-19 cases. The effectiveness and safety of the therapy in reducing symptoms and boosting recovery have led to increased confidence and wider adoption in hospitals and healthcare settings globally.
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In August 2020, the U.S. FDA issued an EUA for COVID-19 convalescent plasma, allowing healthcare providers to treat patients hospitalized with COVID-19. However, the authorization faced challenges due to mixed trial results regarding its efficacy.
Convalescent Plasma Therapy Market Segment Analysis
In this report, The Convalescent Plasma Therapy Market has been segmented by Antibody Type, Application, End User and Geography.
Convalescent Plasma Therapy Market, Segmentation by Antibody Type
The Convalescent Plasma Therapy Market has been segmented by Antibody Type into IgM, IgG and IgA.
IgM
The IgM antibody type holds around 30% share of the Convalescent Plasma Therapy Market, known for its early immune response in fighting infections. Its high efficiency in neutralizing pathogens makes it valuable in acute treatment phases.
IgG
IgG dominates the market with nearly 55% share, owing to its ability to provide long-term immunity and sustained protection against reinfection. It is the most frequently utilized antibody in plasma therapy for its therapeutic durability.
IgA
The IgA segment accounts for approximately 15% of the market, primarily contributing to mucosal immunity in the respiratory and digestive tracts. Its role in preventing pathogen adhesion makes it a key component in targeted treatment strategies.
Convalescent Plasma Therapy Market, Segmentation by Application
The Convalescent Plasma Therapy Market has been segmented by Application into Prophylaxis and Treatment.
Prophylaxis
The Prophylaxis segment accounts for nearly 40% of the Convalescent Plasma Therapy Market, focusing on preventive administration of antibodies to high-risk individuals. This approach helps reduce infection rates and improve immunity before exposure.
Treatment
Treatment holds the largest market share of about 60%, driven by its application in active disease management. It plays a crucial role in reducing viral load, alleviating symptoms and accelerating recovery in patients already infected.
Convalescent Plasma Therapy Market, Segmentation by End User
The Convalescent Plasma Therapy Market has been segmented by End User into Hospitals & Clinics and Laboratories & Research institutes.
Hospitals & Clinics
The Hospitals & Clinics segment dominates the Convalescent Plasma Therapy Market with over 65% share, driven by the high demand for in-patient treatments and emergency care. These facilities are the primary centers for plasma collection and administration to critically ill patients.
Laboratories & Research Institutes
Laboratories & Research Institutes hold around 35% of the market, focusing on clinical research and plasma analysis. Their role is essential in developing innovative therapeutic protocols and improving treatment efficacy through advanced studies.
Convalescent Plasma Therapy Market, Segmentation by Geography
In this report, The Convalescent Plasma Therapy Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Convalescent Plasma Therapy Market Share (%), by Geographical Region
North America
North America holds around 38% of the Convalescent Plasma Therapy Market, supported by extensive blood bank networks and robust clinical trial infrastructure. High adoption across hospitals & clinics and strong regulatory oversight sustain utilization and data-driven practice.
Europe
Europe accounts for about 28% of global demand, driven by coordinated transfusion services and multi-country research collaborations. Standardized collection protocols and centralized biovigilance systems help optimize safety and clinical outcomes.
Asia Pacific
Asia Pacific represents nearly 23% of the market, propelled by expanding healthcare capacity and large-scale public health programs. Growth in laboratories & research institutes and wider donor recruitment improve access across urban hubs.
Middle East & Africa
Middle East & Africa contribute around 6%, with adoption centered in tertiary care hospitals and government-backed pilot initiatives. Investments in cold-chain logistics and staff training are expanding regional readiness.
Latin America
Latin America holds about 5% share, led by national blood services and university-linked clinical studies. Strengthening quality management and cross-border data sharing support gradual scale-up of therapy programs.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Convalescent Plasma Therapy Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising incidence of infectious diseases
- Growing awareness and government support
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Limited treatment options for certain diseases - The Global Convalescent Plasma Therapy Market is significantly impacted by the limited treatment options available for certain diseases, particularly emerging infectious diseases and conditions where standard treatments are ineffective. Convalescent plasma therapy offers a critical alternative for these scenarios, utilizing antibodies from recovered patients to combat active infections in others. This approach is particularly valuable in situations where antiviral drugs or vaccines are not yet available, providing a stopgap solution that can reduce disease severity and improve patient outcomes. The reliance on convalescent plasma therapy in such cases underscores its importance as a therapeutic option and drives demand within the market.
The dependence on convalescent plasma therapy also highlights several challenges, including the variability in antibody quality and quantity from different donors, logistical complexities in plasma collection and storage, and the need for rapid mobilization during outbreaks. Moreover, as a biologic treatment, it requires stringent regulatory oversight and robust clinical protocols to ensure safety and efficacy. Despite these challenges, the urgent need for effective treatments in the face of limited alternatives continues to propel the growth of the convalescent plasma therapy market, fostering innovation and improvements in plasma therapy techniques and infrastructure. This dynamic underscores the market's potential to address critical healthcare gaps while highlighting areas for ongoing development and optimization.
Restraints :
- Limited efficacy and safety concerns
- Stringent regulatory requirements
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Logistics and donor availability - The logistics and donor availability are critical components shaping the Global Convalescent Plasma Therapy Market. Efficient logistics systems are essential for the collection, storage, and transportation of convalescent plasma to ensure its efficacy and safety. This involves maintaining cold chain logistics, proper labeling, and timely distribution to healthcare facilities. Any disruptions in the supply chain can significantly impact the availability and effectiveness of the therapy. Moreover, the integration of advanced technologies for plasma screening and tracking is enhancing the reliability of logistics operations, ensuring that the plasma remains viable from donation to transfusion.
Donor availability is another crucial factor influencing the market. The success of convalescent plasma therapy depends on a steady supply of plasma from recovered patients who have developed the necessary antibodies. Public awareness campaigns, incentives for donors, and streamlined donation processes are vital to maintaining an adequate donor pool. Additionally, the establishment of donor registries and collaboration with blood banks and health organizations are essential strategies to ensure a consistent and reliable supply. Challenges such as donor eligibility criteria, varying recovery rates, and geographical disparities in donor availability need to be addressed to optimize the donor base and meet the growing demand for convalescent plasma therapy globally.
Opportunities :
- Technological advancements
- Development of new applications
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Increasing focus on personalized medicine - The Global Convalescent Plasma Therapy Market is experiencing significant growth due to an increasing focus on personalized medicine. Personalized medicine tailors medical treatment to the individual characteristics of each patient, and convalescent plasma therapy fits well into this paradigm by using plasma from recovered individuals whose antibodies are specifically suited to combat the pathogens in the recipient's body. This targeted approach enhances the efficacy of the treatment, providing a more effective and personalized therapeutic option for patients suffering from infectious diseases. The ability to match plasma donors and recipients based on specific antibody profiles can lead to better outcomes and faster recovery times.
Advancements in genomic and proteomic technologies are facilitating the identification of optimal donors and the precise measurement of antibody levels and specificities, which is crucial for the success of personalized plasma therapy. The growing database of immunological profiles from recovered patients allows for a more strategic selection of plasma, aligning with the principles of personalized medicine. This shift towards personalized treatment is not only improving patient outcomes but also driving innovation and investment in the convalescent plasma therapy market, as stakeholders recognize the potential for tailored therapies to address complex and diverse healthcare challenges.
Competitive Landscape Analysis
Key players in Global Convalescent Plasma Therapy Market include;
- Bio Farma
- Grifols
- Hilton Pharma
- Biotest
- BPL
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Antibody Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Convalescent Plasma Therapy Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising incidence of infectious diseases
- Growing awareness and government support
- Limited treatment options for certain diseases
- Restraints
- Limited efficacy and safety concerns
- Stringent regulatory requirements
- Logistics and donor availability
- Opportunities
- Technological advancements
- Development of new applications
- Increasing focus on personalized medicine
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Convalescent Plasma Therapy Market, By Antibody Type, 2021 - 2031 (USD Million)
- IgM
- IgG
- IgA
- Convalescent Plasma Therapy Market, By Application, 2021 - 2031 (USD Million)
- Prophylaxis
- Treatment
- Convalescent Plasma Therapy Market, By End User, 2021 - 2031 (USD Million)
- Hospitals & Clinics
- Laboratories & Research institutes
- Convalescent Plasma Therapy Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Convalescent Plasma Therapy Market, By Antibody Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bio Farma
- Grifols
- Hilton Pharma
- Biotest
- BPL
- Company Profiles
- Analyst Views
- Future Outlook of the Market