Apheresis Equipment Market to Reach USD 6.66 Billion by 2032, Growing at a CAGR of 9.0%

Market Overview

Global Apheresis Equipment Market size and share is currently valued at USD 3.08 billion in 2023 and is anticipated to generate an estimated revenue of USD 6.66 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 9.0% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032

Apheresis refers to a medical procedure that involves the removal of specific components from a patient’s blood, which is then either treated or returned to the body. The primary applications of apheresis equipment include therapeutic apheresis, which helps in treating conditions such as autoimmune diseases, and plasma separation, which is critical in blood donation and plasma-based therapies. The growing prevalence of chronic diseases, an aging population, and advancements in apheresis technology are key drivers fueling the market’s expansion.

The global apheresis equipment market is a dynamic sector within the broader medical device industry. It comprises various equipment designed to collect, process, and separate blood components efficiently. These devices are critical in hospitals, blood banks, and specialized clinics for both donor collection and therapeutic purposes. The increasing need for personalized treatments, rising blood donation drives, and advancements in medical technology are expected to further boost the demand for apheresis equipment in the coming years.

Growth Drivers

Several key factors are driving the growth of the apheresis equipment market.

  1. Rising Prevalence of Chronic Diseases: The increasing number of patients with autoimmune diseases, blood disorders, and cardiovascular conditions is fueling the demand for therapeutic apheresis. Procedures like plasmapheresis and leukapheresis are becoming vital in treating these diseases by removing harmful components from the bloodstream.
  2. Growing Need for Blood Collection and Donation: Blood banks and donation centers are increasingly adopting advanced apheresis equipment for the collection of blood and plasma. As the demand for blood products continues to rise, there is a greater need for efficient and high-quality blood collection systems to ensure a steady supply.
  3. Technological Advancements in Medical Devices: Innovations in apheresis technology, such as the development of more precise and automated devices, are driving the adoption of apheresis equipment. These advancements not only improve patient outcomes but also enhance the efficiency of the procedures, making them more cost-effective for healthcare facilities.
  4. Plasma Separation for Biopharmaceuticals: Plasma-derived therapies are in high demand, particularly for the production of immunoglobulins, clotting factors, and albumin. The growing use of plasma separation techniques for the development of biopharmaceuticals is further propelling the market, as apheresis technology plays a crucial role in plasma collection and purification.

Key Companies

Several prominent companies are driving innovation and competition within the apheresis equipment market. Key players include:

  • Asahi Kasei Corporation
  • B. Braun SE
  • Cerus Corporation
  • Fresenius SE & Co. KGaA
  • Haemonetics Corporation
  • Haier Biomedical
  • Medica SPA
  • Miltenyi Biotec
  • NIKKISO Medical Europe GmbH
  • NxStage Medical, Inc.
  • SB-KAWASUMI LABORATORIES, INC.
  • TERUMO BCT, INC.
  • THERAKOS

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:

https://www.polarismarketresearch.com/industry-analysis/global-apheresis-equipment-market

Market Segmentation

Apheresis Equipment Market, Product Outlook (Revenue – USD Billion, 2019-2032)

  • Disposable Apheresis Kits
  • Devices

Apheresis Equipment Market, Application Outlook (Revenue – USD Billion, 2019-2032)

  • Renal Diseases
  • Hematology
  • Neurology
  • Others

Apheresis Equipment Market, Procedure Outlook (Revenue – USD Billion, 2019-2032)

  • Plasmapheresis
  • Photopheresis
  • Leukapheresis
  • Plateletpheresis
  • LDL Apheresis
  • Erythrocytapheresis
  • Others

Apheresis Equipment Market, Technology Outlook (Revenue – USD Billion, 2019-2032)

  • Membrane Filtration
  • Centrifugation

Regional Analysis

The apheresis equipment market exhibits varying growth rates across different regions due to differing healthcare infrastructures and regional healthcare needs.

  • North America: North America is currently the largest market for apheresis equipment, driven by the presence of advanced healthcare facilities, a high prevalence of chronic diseases, and a strong focus on research and development. The U.S. holds the largest share, supported by its well-established medical device industry and an increasing demand for blood and plasma donation.
  • Europe: Europe is also a significant market for apheresis equipment, with countries like Germany, France, and the U.K. driving demand. The growing aging population and the increasing adoption of advanced medical devices are key factors propelling market growth in this region.
  • Asia-Pacific: The Asia-Pacific region is anticipated to witness the highest growth rate in the coming years due to rapid improvements in healthcare infrastructure, a large patient pool, and the growing demand for blood and plasma-related treatments. Countries like China, Japan, and India are expected to be major contributors to this growth.
  • Latin America and Middle East & Africa: While these regions currently account for a smaller share of the market, there is significant potential for growth driven by improvements in healthcare access and an increasing focus on chronic disease management.

Future Outlook

The apheresis equipment market is poised for continued growth, driven by advancements in technology, increasing demand for blood and plasma products, and a growing emphasis on personalized medicine. The future of the market will likely see further innovation in device automation, miniaturization, and enhanced integration with digital healthcare systems. Additionally, as therapeutic apheresis becomes a more common treatment modality for various diseases, the market is expected to witness expanded adoption across hospitals, blood banks, and plasma centers.

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