Apheresis Equipment Market Size to Reach USD 8.51 Billion by 2032
Zion Market Research has published a new report titled “Apheresis Equipment Market by Procedure Type (Plasmapheresis, Lymphopheresis, Plateletpheresis, Leukapheresis, Erythrocytapheresis, and Others), by Technology (Centrifugation, and Membrane Filtration), by Application (Blood Collection, and Treatment [Renal Diseases, Hematology, Neurology, and Others]), and by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Blood Donation Centers): Global Industry Perspective, Comprehensive Analysis and Forecast.
Zion Market Research estimates that the USD 3.0 billion apheresis equipment market will reach USD 8.51 billion by 2032.
Rising cases of disorders related to blood is boosting the demand for apheresis equipments market. As per the stats by NHSBT the demand for platelets is likely to grow at a rate of 4% annually. Likely, growing awareness related to platelet donation is also supporting its demand in the developed economies. Additionally, the presence of high unmet needs in developing countries of Asia Pacific and MEA regions is also serving this industry with future growth opportunities further boosting the market for apheresis equipments globally.
Apheresis is used to separate the required blood components from the donor’s blood which is further used in the treatment of conditions like leukemia. It is a process in which the blood is temporarily drawn from a donor and separated into its components. Further, the required components like platelets and plasma are retained and the remaining blood is transfused to the donor back. Rising incidences of conditions such as leukemia and sickle cell anemia, growing demand for blood derivatives, along with the growing use of apheresis equipments to treat cancer are among the factors driving the growth of apheresis equipment market globally.
The apheresis equipment market is bifurcated based on procedure type, technology, application, end user, and regions. Based on application the market is segmented into blood collection, and treatment. The segment for treatment market is further divided into hematology, neurology, renal diseases, and others. The segment for neurology held major share of the market. As per stats by Multiple Sclerosis Association of America in 2015, more than 400,000 individuals were affected with multiple sclerosis. The annual incidence rate of this disease in the U.S. is accounted to around 11,000.
Based on end user the market is segmented into hospitals, ambulatory surgical centers, clinics, and blood donation centers. The segment for Blood donation centers held major share of the market in 2018 and is likely to grow at high CAGR in the forecast period. On the basis of procedure type the market is segmented into erythrocytapheresis, leukapheresis, plateletpheresis, plasmapheresis, lymphopheresis, and others. The segment for plasmapheresis accounted for major share of the market. Plasma-based drugs are administered to patients with weak immune systems in an attempt to increase their resistance to infection or disease. Rising demand for plasma derived medicines and growing cases of blood related disorders and is likely to drive the market growth for this segment globally.
Based on technology the market is segmented into centrifugation, and membrane filtration. Centrifugation held major share of the market in 2018. However, membrane filtration is likely to register high CAGR in the forecast period. Regional segmentation includes the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries.
Some of the players included in the market are -
- Terumo BCT
- Asahi Kasei Kuraray Medical Co.
- Therakos
- HemaCare Corporation
- Haemonetics Corporation
- Fresenius Kabi
- B. Braun Melsungen AG.
The report segments the apheresis equipment market as follows:
Global Apheresis Equipment Market: Procedure Type Segment Analysis
- Plasmapheresis
- Lymphopheresis
- Plateletpheresis
- Leukapheresis
- Erythrocytapheresis
- Others
Global Apheresis Equipment Market: Technology Segment Analysis
- Centrifugation
- Membrane Filtration
Global Apheresis Equipment Market: Application Segment Analysis
- Blood Collection
- TreatmentRenal DiseasesHematologyNeurologyOthers
Global Apheresis Equipment Market: End User Segment Analysis
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Blood Donation Centers
Global Apheresis Equipment Market: Regional Segment Analysis
- North AmericaU.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- Middle East and Africa
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