Apheresis Equipment Market Introduction

The apheresis equipment market refers to the industry that produces and sells medical devices used for apheresis, which is a medical procedure that involves removing a patient's blood, separating it into its individual components, and then returning certain components back to the patient. Apheresis equipment is used to perform this process, which is often used to treat a variety of medical conditions, including autoimmune diseases, blood disorders, and certain types of cancer.Apheresis equipment typically includes machines that are designed to separate the various components of blood, such as red blood cells, white blood cells, and platelets, as well as plasma. These machines use different methods to accomplish this, such as centrifugation, filtration, or adsorption. Some apheresis equipment may also include devices that help to monitor the patient's blood pressure, heart rate, and other vital signs during the procedure.The apheresis equipment market is driven by a number of factors, including an aging population, the increasing prevalence of chronic diseases, and the growing demand for blood products. The market is also influenced by technological advancements in apheresis equipment, such as the development of portable and automated systems that can improve patient comfort and increase the efficiency of the procedure.The global apheresis equipment market is expected to continue to grow in the coming years, with increasing demand from both developed and developing countries. However, the market is also expected to face challenges, such as regulatory hurdles and the high cost of some apheresis equipment, which may limit its adoption in certain markets.

Apheresis Equipment Market Size

The global apheresis equipment market size was valued at USD 1.3 billion in 2020 and is projected to reach USD 2.2 billion by 2027, growing at a CAGR of 7.8% during the forecast period.The increasing prevalence of chronic diseases, such as cancer, autoimmune diseases, and neurological disorders, is expected to drive the growth of the apheresis equipment market. Additionally, the rising demand for blood components and increasing awareness about apheresis among healthcare professionals are expected to boost the market growth.North America is expected to dominate the apheresis equipment market due to the presence of well-established healthcare infrastructure and high healthcare expenditure. Europe is also expected to witness significant growth due to the increasing number of plasma collection centers in the region. The Asia Pacific region is expected to grow at the fastest rate during the forecast period due to the increasing adoption of apheresis equipment in emerging economies like China and India.The apheresis equipment market is highly competitive, with several key players operating in the market, including Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo BCT, Inc., B. Braun Melsungen AG, and Asahi Kasei Medical Co., Ltd. These companies are focusing on product development, strategic collaborations, and mergers and acquisitions to expand their market presence and increase their customer base.

Apheresis Equipment Market Share

The apheresis equipment market is highly fragmented, with several companies competing for market share. The major players in the market are Haemonetics Corporation, Fresenius SE & Co. KGaA, Terumo BCT, Inc., B. Braun Melsungen AG, and Asahi Kasei Medical Co., Ltd. These companies together account for a significant portion of the global apheresis equipment market share.Haemonetics Corporation is the leading player in the apheresis equipment market, with a significant market share. The company offers a wide range of apheresis equipment, including automated and manual devices for plasma, platelet, and red blood cell collection. Fresenius SE & Co. KGaA is another key player in the market, offering a wide range of apheresis equipment, including centrifugal and membrane-based systems for plasma and blood component collection.Other notable players in the apheresis equipment market include Kawasumi Laboratories, Inc., Cerus Corporation, Becton, Dickinson and Company, and HemaCare Corporation. These companies offer a range of apheresis equipment and related services, including software and disposables.The market share of each player varies by geography, with some companies dominating certain regions. For example, Haemonetics Corporation has a strong presence in the North American and European markets, while Asahi Kasei Medical Co., Ltd. is a major player in the Asia Pacific region. Overall, the market is highly competitive, with companies focusing on innovation and product development to gain an edge over their competitors.

Apheresis Equipment Market Trends

1. Increasing demand for plasma and blood components: With the growing prevalence of chronic diseases and the aging population, the demand for blood components and plasma is increasing. This trend is expected to drive the growth of the apheresis equipment market, as apheresis is a key method for collecting these components.
2. Technological advancements: The apheresis equipment market is experiencing rapid technological advancements, with the development of automated and portable systems that improve patient comfort and increase the efficiency of the procedure. These advancements are expected to drive market growth by increasing the adoption of apheresis equipment.
3. Growing awareness among healthcare professionals: As healthcare professionals become more aware of the benefits of apheresis, the procedure is becoming more widely adopted. This trend is expected to continue, with more healthcare professionals incorporating apheresis into their treatment plans.
4. Increasing number of plasma collection centers: The number of plasma collection centers is increasing globally, driven by the growing demand for plasma and blood components. This trend is expected to boost the apheresis equipment market by increasing the number of facilities that require apheresis equipment.
5. Regulatory changes: Regulatory changes are expected to impact the apheresis equipment market, particularly in regions such as Europe, where new regulations governing medical devices are being implemented. These changes may lead to increased scrutiny of apheresis equipment and require companies to adapt to new requirements.
6. Growing demand from emerging economies: The apheresis equipment market is expected to grow rapidly in emerging economies such as China and India, driven by increasing healthcare spending, growing awareness of apheresis, and the increasing prevalence of chronic diseases in these regions.
7. Strategic collaborations: Companies in the apheresis equipment market are increasingly forming strategic collaborations to expand their market presence and increase their customer base. These collaborations may involve partnerships with other companies, academic institutions, or government organizations.

Apheresis Equipment Market Driving factors

1. Growing prevalence of chronic diseases: The increasing prevalence of chronic diseases, such as cancer, autoimmune diseases, and neurological disorders, is driving the demand for apheresis equipment. Apheresis is a key method for collecting plasma and blood components, which are used in the treatment of these conditions.
2. Increasing demand for blood components: With the aging population and the growing prevalence of chronic diseases, the demand for blood components, such as platelets and plasma, is increasing. Apheresis is a key method for collecting these components, which are used in a variety of medical procedures.
3. Technological advancements: Apheresis equipment is experiencing rapid technological advancements, with the development of automated and portable systems that improve patient comfort and increase the efficiency of the procedure. These advancements are driving market growth by increasing the adoption of apheresis equipment.
4. Growing awareness among healthcare professionals: As healthcare professionals become more aware of the benefits of apheresis, the procedure is becoming more widely adopted. This trend is expected to continue, with more healthcare professionals incorporating apheresis into their treatment plans.
5. Increasing number of plasma collection centers: The number of plasma collection centers is increasing globally, driven by the growing demand for plasma and blood components. This trend is expected to boost the apheresis equipment market by increasing the number of facilities that require apheresis equipment.
6. Rising healthcare expenditure: Healthcare expenditure is increasing globally, driven by government initiatives and a growing demand for healthcare services. This trend is expected to drive market growth by increasing the demand for apheresis equipment in healthcare facilities.
7. Strategic collaborations: Companies in the apheresis equipment market are increasingly forming strategic collaborations to expand their market presence and increase their customer base. These collaborations may involve partnerships with other companies, academic institutions, or government organizations, and can drive market growth by increasing the availability of apheresis equipment.

Apheresis Equipment Market Reginal Analysis

The apheresis equipment market can be analyzed regionally as follows:

1. North America: The North American market is the largest regional market for apheresis equipment, driven by the presence of major players and a high prevalence of chronic diseases. The United States accounts for the largest share of the market in this region.
2. Europe: The European market is the second-largest regional market for apheresis equipment. The market is driven by the increasing prevalence of chronic diseases, a growing demand for blood components, and a high level of healthcare expenditure. Germany, the United Kingdom, and France are the major markets in this region.
3. Asia Pacific: The Asia Pacific market is expected to grow rapidly, driven by the increasing healthcare expenditure, the growing prevalence of chronic diseases, and a large population base. China, India, and Japan are the major markets in this region.
4. Latin America: The Latin American market is expected to grow moderately, driven by the increasing prevalence of chronic diseases, a growing demand for blood components, and a rising level of healthcare expenditure. Brazil and Mexico are the major markets in this region.
5. Middle East and Africa: The Middle East and Africa market is expected to grow moderately, driven by increasing healthcare expenditure and a growing demand for blood components. South Africa, Saudi Arabia, and the UAE are the major markets in this region.

Overall, the apheresis equipment market is expected to grow globally, driven by the increasing prevalence of chronic diseases, a growing demand for blood components, and technological advancements in apheresis equipment. However, the market may be impacted by regulatory changes and competition among major players.

Apheresis Equipment Market Forecasts 2030

The global apheresis equipment market is expected to continue to grow and reach a value of USD 5.5 billion by 2030, with a compound annual growth rate (CAGR) of 7.3% from 2021 to 2030. The increasing prevalence of chronic diseases, the growing demand for blood components and plasma, and technological advancements in apheresis equipment are expected to drive market growth during the forecast period.By product type, the disposable apheresis kits segment is expected to dominate the market in 2030, with a market share of more than 50%. This can be attributed to the increasing demand for apheresis procedures and the ease of use and disposability of these kits.By technology, the centrifugation segment is expected to dominate the market in 2030, with a market share of more than 60%. This can be attributed to the wide adoption of centrifugation-based apheresis equipment and the increasing demand for plasma collection.By application, the neurology segment is expected to dominate the market in 2030, with a market share of more than 30%. This can be attributed to the increasing prevalence of neurological disorders and the growing demand for plasma exchange procedures for the treatment of these conditions.Geographically, the Asia Pacific region is expected to witness the highest CAGR during the forecast period, driven by the increasing healthcare expenditure, the growing prevalence of chronic diseases, and a large population base. North America and Europe are expected to remain the largest regional markets during the forecast period, driven by the presence of major players and a high prevalence of chronic diseases.Overall, the apheresis equipment market is expected to continue to grow during the forecast period, driven by the increasing demand for blood components and plasma, technological advancements, and growing awareness among healthcare professionals.

Apheresis Equipment Market Key Industry Players

Some of the key players in the apheresis equipment market include:

1. Fresenius Medical Care AG & Co. KGaA
2. Haemonetics Corporation
3. Terumo BCT, Inc.
4. B. Braun Melsungen AG
5. Cerus Corporation
6. Kawasumi Laboratories, Inc.
7. Medica SpA
8. Therakos, Inc.
9. Infomed SA
10. HemaCare Corporation

These companies have a strong presence in the market and are constantly engaged in research and development activities to introduce new and innovative products. They also focus on strategic collaborations and acquisitions to expand their product portfolio and increase their market share. The apheresis equipment market is highly competitive, with these key players competing for market share through product innovation, price, and distribution channels.