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Showing posts with the label Blood plasma trade in America

The Rise of America's Blood Plasma Trade: Why Demand is Soaring in 2024

Blood has always been a vital element of life, playing a critical role in medical treatments worldwide. However, within this liquid lies a component that not only saves lives but also fuels a growing global trade. In 2024, one particular part of blood—plasma—is stirring up the healthcare and economic worlds alike.The US is leading the way in this industry now worth 37 billion USD, a big help in the global market. Plasma’s unique properties make it indispensable for creating life-saving medicines, and with rising demand across the globe, the US is increasingly becoming a key player in plasma exports. Yet, why the plasma demand is increasing? And why does the US dominate the global market? Let’s dive into the complex dynamics behind America's growing blood plasma trade and the ethical, economic, and medical factors driving its rapid expansion. What is Blood Plasma? To get straight to the point, before we discuss the reasons behind the plasma trade surge, first, we should cover the co...