Austin, TX, USA, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled "Apheresis Equipment Market Size, Trends and Insights By Product Type (Plasmapheresis Equipment, Photopheresis Equipment, LDL Apheresis Equipment, Others), By Technology (Centrifugation Apheresis, Membrane Filtration Apheresis), By Application (Renal Disease, Neurology, Hematology, Others), By End User (Hospitals, Ambulatory Surgical Centers (ASCs), Blood Donation Centers, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024-2033" in its research database.
"According to the latest research study, the demand of global Apheresis Equipment Market size & share was valued at approximately USD 4,165.1 Million in 2023 and is expected to reach USD 4,673.2 Million in 2024 and is expected to reach a value of around USD 13,169.1 Million by 2033, at a compound annual growth rate (CAGR) of about 12.2% during the forecast period 2024 to 2033."
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Apheresis Equipment Market: Growth Factors and Dynamics
Increasing Prevalence of Chronic Diseases: The rising incidence of chronic diseases such as cancer, autoimmune disorders, and renal diseases is driving the demand for apheresis equipment. These conditions often require therapeutic apheresis procedures to manage symptoms and improve patient outcomes. Technological Advancements: Continuous innovation in apheresis equipment, including improvements in device efficiency, safety, and automation, is fostering market growth. Advanced technologies are enhancing the precision and effectiveness of therapeutic procedures, attracting healthcare providers and patients alike. Growing Aging Population: The aging population is more susceptible to chronic diseases and conditions that necessitate apheresis treatments. As the elderly demographic expands globally, there is an increasing need for therapeutic interventions like apheresis to manage age-related health challenges. Expansion of Indications for Apheresis: Apheresis is increasingly being used in a broader range of medical conditions beyond traditional applications. This includes neurological disorders, cardiovascular diseases, and hematological disorders, thereby widening the market scope and driving adoption. Rising Demand for Blood Components: Blood donation centers and hospitals are experiencing growing demand for specific blood components like platelets, plasma, and red blood cells. Apheresis equipment plays a critical role in efficiently collecting these components, meeting the demand for transfusion and therapeutic purposes. Supportive Healthcare Policies and Reimbursement: Favorable healthcare policies and reimbursement frameworks support the adoption of apheresis procedures. Governments and insurance providers are increasingly recognizing the clinical benefits of apheresis, which encourages healthcare facilities to invest in advanced equipment and offer these services to patients. Increasing Awareness and Education: There is a growing emphasis on raising awareness about the benefits of apheresis therapies among healthcare professionals and patients. Educational initiatives and training programs are helping to expand the knowledge base and skillset required for performing apheresis procedures effectively, thereby contributing to market growth by enhancing confidence in the technology and its applications.
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Apheresis Equipment Market: Partnership and Acquisitions
In 2023, TERUMO BCT, INC. participated in the second instalment of the Connecting the Dot series, a film series designed for European MedTech companies. This participation underscores their commitment to fostering collaboration and innovation within the industry through knowledge sharing and networking opportunities. In 2021, Fresenius Kabi AG, a pharmaceutical company, inaugurated a USD 32.2 million expansion of its transfusion and apheresis disposables plant in the Dominican Republic. This expansion enhances the company's global export capabilities for apheresis and plasma collection sets, reinforcing its market position.
Report Scope
Feature of the ReportDetailsMarket Size in 2024USD 4,673.2 MillionProjected Market Size in 2033USD 13,169.1 MillionMarket Size in 2023USD 4,165.1 MillionCAGR Growth Rate12.2% CAGRBase Year2023Forecast Period2024-2033Key SegmentBy Product Type, Technology, Application, End User and RegionReport CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying OptionsRequest tailored purchasing options to fulfil your requirements for research.
(A free sample of the Apheresis Equipment report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.About 220+ Pages Research Report (Including Recent Research)Provide detailed chapter-by-chapter guidance on the Request.Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024Includes Tables and figures have been updated.The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology
(Please note that the sample of the Apheresis Equipment report has been modified to include the COVID-19 impact study prior to delivery.)
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Apheresis Equipment Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Apheresis Equipment Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
Disruption in Routine Medical Procedures: The COVID-19 pandemic led to disruptions in elective medical procedures, including apheresis treatments, as healthcare facilities prioritized resources for pandemic response. This resulted in reduced procedural volumes and revenue loss for apheresis equipment providers. Supply Chain Disruptions: Global supply chain disruptions caused delays in the manufacturing and distribution of apheresis equipment and consumables. Shortages of critical components and raw materials further exacerbated challenges in meeting demand during the pandemic. Resumption of Elective Procedures: As COVID-19 cases decline and healthcare systems stabilize, there is a gradual resumption of elective procedures, including apheresis treatments. This recovery phase helps restore procedural volumes and revenue streams for apheresis equipment manufacturers. Adoption of Telemedicine and Remote Monitoring: The adoption of telemedicine and remote monitoring solutions has facilitated the continuity of care for patients requiring apheresis treatments. Virtual consultations and remote monitoring of patients have minimized disruptions and enhanced patient management efficiency. Focus on Safety Protocols and Infection Control Measures: Enhanced safety protocols and infection control measures in healthcare settings have boosted patient confidence in undergoing apheresis procedures. Strict adherence to guidelines mitigates health risks associated with COVID-19 and other infections, supporting market recovery. Government Support and Healthcare Policies: Governments and healthcare authorities have implemented supportive policies and funding initiatives to mitigate the impact of COVID-19 on healthcare services, including apheresis treatments. Financial aid and regulatory flexibility have facilitated operational continuity and market rebound. Innovation and Technological Advancements: Continued innovation in apheresis equipment, such as improvements in automation, efficiency, and safety features, has spurred market recovery. Advanced technologies enhance procedural outcomes and operational efficiency, driving demand and adoption post-pandemic. Collaboration and Partnerships: Collaborative efforts between healthcare providers, equipment manufacturers, and research institutions have facilitated knowledge sharing, resource pooling, and the development of resilient strategies to navigate and recover from the impact of COVID-19 on the apheresis equipment market. Such partnerships strengthen the industry's response capabilities and contribute to sustained market recovery.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Apheresis Equipment Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
What is the size of the Apheresis Equipment market and what is its expected growth rate?What are the primary driving factors that push the Apheresis Equipment market forward?What are the Apheresis Equipment Industry's top companies?What are the different categories that the Apheresis Equipment Market caters to?What will be the fastest-growing segment or region?In the value chain, what role do essential players play?What is the procedure for getting a free copy of the Apheresis Equipment market sample report and company profiles?
Key Offerings:
Market Share, Size & Forecast by Revenue | 2024-2033Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Leading TrendsMarket Segmentation - A detailed analysis by Types of Services, by End-User Services, and by regionsCompetitive Landscape - Top Key Vendors and Other Prominent Vendors
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Apheresis Equipment Market - Regional Analysis
The Apheresis Equipment Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
North America: North America leads in apheresis equipment adoption due to advanced healthcare infrastructure and high disease prevalence. Trends include an increasing focus on personalized medicine, technological innovations in automated systems, and a growing shift towards outpatient treatments in ASCs. Europe: Europe shows steady growth with expanding applications in autoimmune disorders and haematology. Trends include stringent regulatory standards, rising investments in healthcare technology, and collaborations for clinical research and the development of novel therapies. Asia-Pacific: Asia-Pacific exhibits rapid market expansion driven by improving healthcare access and rising chronic disease burden. Trends include growing healthcare expenditure, adoption of cost-effective apheresis technologies, and partnerships for local manufacturing and distribution to enhance accessibility. LAMEA (Latin America, Middle East, and Africa): The LAMEA region is experiencing increasing adoption of apheresis equipment amidst developing healthcare infrastructure. Trends include rising awareness about therapeutic benefits, government initiatives to enhance healthcare access, and partnerships for technology transfer and training to support market growth.
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List of the prominent players in the Apheresis Equipment Market:
Terumo BCT Inc.Fresenius SE & Co. KGaAHaemonetics CorporationAsahi Kasei Medical Co. Ltd.Baxter International Inc.Kaneka CorporationBraun Melsungen AGNikkiso Co. Ltd.Medica S.p.A.Miltenyi BiotecThermo Fisher Scientific Inc.Hemonetics CorporationCerus CorporationMacoPharmaGambroOthers
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Apheresis Equipment Market: Apheresis Equipment Market Size, Trends and Insights By Product Type (Plasmapheresis Equipment, Photopheresis Equipment, LDL Apheresis Equipment, Others), By Technology (Centrifugation Apheresis, Membrane Filtration Apheresis), By Application (Renal Disease, Neurology, Hematology, Others), By End User (Hospitals, Ambulatory Surgical Centers (ASCs), Blood Donation Centers, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024-2033
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The Apheresis Equipment Market is segmented as follows:
By Product Type
Plasmapheresis EquipmentPhotopheresis EquipmentLDL Apheresis EquipmentOthers
By Technology
Centrifugation ApheresisMembrane Filtration Apheresis
By Application
Renal DiseaseNeurologyHematologyOthers
By End User
HospitalsAmbulatory Surgical Centers (ASCs)Blood Donation CentersOthers
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Regional Coverage:
North America
U.S.CanadaMexicoRest of North America
Europe
GermanyFranceU.K.RussiaItalySpainNetherlandsRest of Europe
Asia Pacific
ChinaJapanIndiaNew ZealandAustraliaSouth KoreaTaiwanRest of Asia Pacific
The Middle East & Africa
Saudi ArabiaUAEEgyptKuwaitSouth AfricaRest of the Middle East & Africa
Latin America
BrazilArgentinaRest of Latin America
This Apheresis Equipment Market Research/Analysis Report Contains Answers to the following Questions.
Which Trends Are Causing These Developments?Who Are the Global Key Players in This Apheresis Equipment Market? What are Their Company Profile, Product Information, and Contact Information?What Was the Global Market Status of the Apheresis Equipment Market? What Was the Capacity, Production Value, Cost and PROFIT of the Apheresis Equipment Market?What Is the Current Market Status of the Apheresis Equipment Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Apheresis Equipment Market by Considering Applications and Types?What Are Projections of the Global Apheresis Equipment Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?What Is Apheresis Equipment Market Chain Analysis by Upstream Raw Materials and Downstream Industry?What Is the Economic Impact On Apheresis Equipment Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?What Are Market Dynamics of Apheresis Equipment Market? What Are Challenges and Opportunities?What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Apheresis Equipment Industry?
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Reasons to Purchase Apheresis Equipment Market Report
Apheresis Equipment Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.Apheresis Equipment Market report outlines market value (USD) data for each segment and sub-segment.This report indicates the region and segment expected to witness the fastest growth and dominate the market.Apheresis Equipment Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.Apheresis Equipment Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
The study provides a thorough overview of the global Apheresis Equipment market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Apheresis Equipment market analysis. The competitive environment of current and potential participants in the Apheresis Equipment market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
Participants and stakeholders worldwide Apheresis Equipment market should find this report useful. The research will be useful to all market participants in the Apheresis Equipment industry. Managers in the Apheresis Equipment sector are interested in publishing up-to-date and projected data about the worldwide Apheresis Equipment market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Apheresis Equipment products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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