Austin, June 10, 2025 (GLOBE NEWSWIRE) -- Albumin Market Size & Growth Analysis:
According to SNS Insider, the global Albumin Market was valued at USD 6.65 billion in 2023 and is projected to reach USD 11.02 billion by 2032, growing at a CAGR of 6.58% during the forecast period of 2024–2032.
The albumin market is growing steadily, supported by the increased need for albumin in therapeutics, diagnostics, and research. Rising incidence of liver and kidney diseases, production development of recombinant albumin are driving the growth. This is largely driven by the pharmaceutical and biotechnology industries, whose increasing global healthcare demands and clinical applications continue to reinforce and expand market share.
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The U.S. albumin market was estimated at USD 4.35 billion in 2023 and is expected to reach USD 6.97 billion by 2032, at a CAGR of 6.13% during the forecast period of 2024-2032. North America held the largest share of the global albumin market for 2024, owing to well-established healthcare infrastructure, extensive research and development capabilities, and high adoption of albumin in clinical settings and continued high demand for albumin products in the United States due to diversified therapeutic applications, along with the country stable plasma collection network.
Major Players Analysis Listed in this Report are:
- CSL Limited
- Grifols S.A.
- Octapharma AG
- Baxter International Inc.
- Takeda Pharmaceutical Company Limited
- China Biologic Products Holdings Inc.
- Kedrion Biopharma Inc.
- Hualan Biological Engineering Inc.
- Biotest AG
- Shanghai RAAS Blood Products Co. Ltd.
- Other players
Albumin Market Report Scope
| Report Attributes | Details |
| Market Size in 2024 | US$ 6.65 billion |
| Market Size by 2032 | US$ 11.02 billion |
| CAGR | CAGR of 6.58% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Regional Analysis | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Segment Analysis
Human Serum Albumin Segment Dominated the Albumin Market by Product
Human serum albumin segment dominates the albumin market in 2024 with a 54.6% market share, owing to its major application in the treatment of various medical conditions such as liver cirrhosis, burns, shock, and hypoalbuminemia. Due to its favorable safety profile, biocompatibility, effectiveness in volume resuscitation, and delivery of therapeutics, it is used extensively in the clinical arena. The demand from the hospital and surgical center markets has driven growth in this segment, along with availability due to new plasma fractionation facilities.
By Application, Therapeutics Segment Dominates the Albumin Market
The therapeutics segment dominated the market with 68.1% market share in 2024, owing to the high application of albumin in the treatment of critical medical conditions like liver diseases, trauma, burns, and shock. It is a vital component of emergency and surgical care, having a key role as a plasma volume expander and stabilizer in several life-saving treatments. Its demand was also driven by an increase in chronic diseases and a rise in hospitalization rates.
The Hospitals & Clinics Segment Dominates the Albumin Market by End-User
The albumin market was dominated by the hospitals & clinics segment, capturing around 82.2% market share in 2024, and this is due to a high number of patient admissions for the diseases where albumin therapy is administered, like liver failure, burns, trauma, and major surgeries. They are major sites for emergency and critical care facilities where human serum albumin is commonly administered for either plasma volume expansion or protein replacement.
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Albumin Market Segmentation
By Product
- Human Serum Albumin
- Recombinant Albumin
- Bovine Serum Albumin
By Application
- Therapeutics
- Diagnostics
- Research
By End-user
- Hospital & Clinics
- Pharmaceutical & Biotechnology Industry
- Research Institutes
Regional Trends
The Albumin Market is Dominated by North America, While the Asia Pacific Region is Expected to Register the Fastest Growth.
In 2024, North America had the highest share of the albumin market with 43.4% market share, owing to the well-developed healthcare infrastructure, extensive clinical research, and extensive utilization of albumin for any type of liver, kidney, and cardiovascular disorders. The region is aided by the presence of key manufacturers of plasma-derived therapy products, relatively high levels of awareness, and significant governmental support. Ongoing biotechnological investments and higher utilization of albumin in surgery, trauma, and therapy applications have enabled North America to maintain its dominance in this sector.
The albumin market in Asia Pacific is expected to register the fastest growth, due to improving economic conditions, increasing healthcare expenditure, rising cases of chronic liver and kidney disease, and growing demand for low-cost therapeuticsexpected to growth observative period. China and India are increasing their plasma collection and manufacturing, and healthcare reforms are increasing access to advanced therapies.
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Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Albumin Market by Product
8. Albumin Market by Application
9. Albumin Market by End-user
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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