Apheresis Market is Expected to Showcase a Significant CAGR of 7.3% During 2017-2023

Apheresis system assists in the collection and separation of blood components for donation. In addition, this system can perform the removal or exchange of blood components for therapeutic procedures. The American National Red Cross offers various therapeutic apheresis services across the U.S. that include plasmapheresis, photopheresis, LDL apheresis, and stem cell harvest.

In addition, the center has employed qualified and specialized staff for apheresis procedures while maintaining the accessibility and availability regarding the same. Increase in the number of such blood centers across the globe significantly drives the growth of the apheresis market.

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In addition, the rise in government initiatives that promote blood donations in developing countries such as China and India propels the market growth. For instance, Twitter has recently launched a social initiative called BloodMatters in India in March 2018. Twitter has collaborated with the voluntary blood donation helpline named Blood Donors.

Moreover, the increase in the number of blood donations was observed in China in 2014, which led to an increase in the number of blood centers in the country. Such circumstances positively impact market growth.

According to a new report published by Allied Market Research, titled, Apheresis Market by Product, Method, Procedure, Component, and End User: Global Opportunity Analysis and Industry Forecast, 20172023, the global apheresis market was valued at $2,560.4 million in 2016, and is projected to reach $4,200.6 million by 2023, growing at a CAGR of 7.3% from 2017 to 2023. The disposable & reagents segment accounted for four-ninths of the total market share in 2016.

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Major Players:

•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.

Key Benefits:

• The study provides in-depth analysis with the current trends and future estimations of the global apheresis market to elucidate the imminent investment pockets.

• Comprehensive analysis of the factors that drive and restrict market growth is provided.

• The quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.

• Extensive analysis of key segments of the industry is provided to understand the products of apheresis used globally.

• Key players and their strategies are analyzed to understand the competitive outlook of the market.

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