According to FutureWise analysis, the market for Plasma Expander is expected to grow with a CAGR of 6.92% over the forecast period 2024-2032, and reach a market value of US$ 48.3 Billion by 2031.
Plasma expanders are a crucial component of medical treatment designed to restore or maintain blood volume and circulation when a patient's blood volume is insufficient. They serve as substitutes for whole blood or blood components when immediate access to these resources is limited or not feasible. These solutions are typically administered intravenously and are composed of various substances, including colloid-based solutions like starches, gelatins, or albumin, as well as crystalloid-based solutions like saline or Ringer's lactate.
Plasma expanders are critical in numerous medical situations, including surgical procedures, trauma care, and acute care settings. During surgery, they help maintain blood pressure and perfusion to vital organs, enabling surgeons to work effectively. In trauma cases, where rapid blood loss can be life-threatening, plasma expanders provide immediate support until blood products are available. In intensive care units, they are used to stabilize patients and support their recovery. Plasma expanders are valuable tools in emergency and surgical medicine; they are not a replacement for whole blood or specific blood components in all clinical scenarios. Each has its indications, contraindications, and potential risks, and their administration is guided by a physician's assessment of the patient's specific needs.
FutureWise Market Research has published a report that provides an insightful analysis of Plasma Expander Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts' projects that the Plasma Expander Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.