The global apheresis market size was US$ 2,415.3 million in 2021. The global apheresis market size is forecast to reach US$ 4775.4 million by 2030, growing at a compound annual growth rate (CAGR) of 8.9% during the forecast period from 2022 to 2030.
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Apheresis is a medical technology that passes a person’s blood through an apparatus that separates one particular constituent and returns the remainder to the circulation. Thus, it is an extracorporeal therapy. The primary use of apheresis is for collecting stem cells. The process of apheresis varies according to the substance removed. Centrifugation is the most common method for separation by density. In other methods, beads are coated with an absorbent material and filtered.
Factors Influencing Market Growth
Among the factors driving the global apheresis market include rising demand for blood components worldwide and increasing government initiatives toward blood donation.
The global market is growing due to the recently approved signs for apheresis treatment, including acute disseminated encephalomyelitis, autoimmune hemolytic anemia, and cardiac neonatal lupus.
The absence of skilled professionals and complications associated with the apheresis procedure may slow down the overall market growth.
The growing demand for plasma-derived pharmaceuticals presents lucrative growth opportunities for the global market during the forecast period.
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global apheresis market due to the vast application of plasma therapy in the remedy of COVID-19 infected patients. Furthermore, the US FDA granted emergency use authorization (EUA) for convalescent plasma (CCP) therapy in hospitalized COVID-19 patients in August 2020. Terumo BCT Inc. and Marker Therapeutics AG also gained FDA clearance in April 2020 for the Emergency Use Authorization (EUA) of Terumo BCT’s Spectra Optia Apheresis System in combination with Marker Therapeutics’ D2000 Adsorption Cartridge to treat COVID-19 disease in patients aged 18 and up.
Regional Insights
The Asia Pacific region is forecast to have a lucrative growth rate in the market during the forecast period. As a result of the growing population base, increasing disposable income, and rising patient awareness of blood donation. In addition, a surge in the incidence of dengue across countries in the Asia Pacific region is a factor driving the market growth in the region.
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Leading Competitors
The leading prominent companies profiled in the global apheresis market are:
Haemonetics Corporation
Fresenius Kabi
Terumo BCT, Inc
Asahi Kasei Medical Co., Ltd
HemaCare Corporation
Kaneka Corporation
Kawasumi Laboratories Inc
Cerus Corporation
B. Braun Melsungen AG
Nikkiso Co., Ltd
Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Apheresis industry experienced notable growth in its workforce. Starting in January, employment within the Apheresis sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Apheresis output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Apheresis output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Apheresis market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Apheresis market.
Scope of the Report
The global apheresis market segmentation focuses on Product, Apheresis Procedure, Technology, Application, and Region.
Segmentation based on Product
Devices
Disposable
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Segmentation based on Apheresis Procedure
Leukapheresis
Plasmapheresis
Plateletpheresis
Erythrocytapheresis
Other Apheresis Procedures
Segmentation based on Technology
Centrifugation
Membrane Separation
Segmentation based on Application
Renal Disorders
Hematological Disorders
Neurological Disorders
Autoimmune Disorders
Other Applications
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Apheresis Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Apheresis Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Apheresis Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Apheresis Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Apheresis market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Apheresis market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Apheresis business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
* Assisting businesses in gauging the viability of new or existing products or services.
* Facilitating business enterprises in the identification and cultivation of novel market segments.
* Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
* Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
* Analyzing market trends to aid businesses in devising adaptive strategies.
* Guiding businesses in the optimal placement of their products.
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