Global Convalescent Plasma Therapy Market to Grow at a CAGR of 11.8% from 2023 to 2024 [Yahoo! Finance]
Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1/2 of a share of) (TAK)
Company Research
Source: Yahoo! Finance
Market Insights The global market for convalescent plasma therapy has experienced significant growth, forecasted to continue expanding from USD 0.05 billion in 2023 to USD 0.08 billion by 2028, with a robust compound annual growth rate (CAGR) of 12.8%. This surge can be attributed to the ongoing battle against infectious diseases and the steady advances in immunotherapies. The rise in emergency use authorizations and the increasing prevalence of notable pandemics underscore the critical role of convalescent plasma therapy within current medical practices. Safety and Efficacy Driving Growth Convalescent plasma therapy's demonstrated effectiveness, particularly its use during the COVID-19 pandemic, has been instrumental in driving market growth. Medical studies have shown that this treatment is safe and improves patient recovery rates, hence expanding its utilization in clinical settings. As such, convalescent plasma therapy remains an essential option for treating severe infecti
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TAK
Sec Filings
- 4/25/24 - Form SD
- 4/19/24 - Form 6-K
- 4/15/24 - Form 6-K
- TAK's page on the SEC website