By 2024, Apheresis Equipment Market to attain significant growth| Top Players: Hemacare Corporation, Asahi Kasei Kuraray Medical, B. Braun Melsungen AG

The Apheresis Equipment Market is set to exceed USD 4.5 billion by 2024; as per a new research report by Global Market Insights, Inc. Increasing incidence of cardiovascular disorders such as sickle cell anemia, leukemia, rising demand for automated blood component separation procedures along with growing awareness regarding apheresis blood collection should drive global apheresis equipment market size.

Growing adoption of technologically advanced automated products should drive apheresis equipment market growth over the forecast period. Various technological advancements such as automatic apheresis equipment with continuous flow centrifugation, automated interface system, and facilities such as customized anticoagulant infusion system, screen navigation, and GUI display. These advancements are expected to boost apheresis equipment demand.

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Plasmapheresis held 54% of global apheresis equipment market share in 2015 and is slated to reach USD 2,152 million by 2024. Growing demand for plasma derived therapies along with increasing prevalence of cardiovascular devices will propel demand for plasmapheresis procedures. However, the risks associated with apheresis, lack of donor availability and histocompatibility and lack of favorable reimbursement framework should impede apheresis equipment market growth.

Photopheresis will be the most lucrative apheresis equipment market segment growing at 13.5% over the forecast period and exceed USD 1,125 million by 2024, owing to increased prevalence of various cancer types and skin disorders. U.S. apheresis equipment market share was over 87% in 2015 and estimated to surpass USD 1,524 million by 2024. Favorable reimbursement policies, improved healthcare access and rising demand for technologically advanced automated products will drive business growth.

China apheresis equipment market size was valued over USD 128 million in 2015, with expectations to surpass USD 400 million by 2024. Increasing prevalence of blood disorders requiring plasma and platelets transfusion, availability of healthcare practitioners and continuously improving healthcare infrastructure will stimulate business growth.

The apheresis equipment market size is likely to face limitations in term of risks associated with apheresis procedures and lack of donor availability and histocompatibilty. Additionally, high apheresis procedure costs coupled with lack of favorable reimbursement framework in certain countries is likely to slower market penetration rates in some underdeveloped and few emerging markets. Several public and private insurers have recently begun to examine apheresis procedures reimbursement coverage. However, many private insurers such as the Pacific Mutual and Prudential provide coverage for apheresis procedures regardless of whether they are conducted in a hospital or elsewhere.

Similar policy related reforms are implemented in other countries and insurers are forming consensus on wide coverage of diseases. Presence of such favorable reimbursement policy structures especially in the developed markets are expected to drive global apheresis equipment market growth. Strategic alliances, mergers and acquisitions and new product development are some of the sustainability strategies adopted by the key industry players. Advanced technological innovations are aimed at delivering effective and faster results. Automated interface systems and GUI displays reduces human intervention and improves their adoption rates thus spurring apheresis equipment industry growth.

Some industry players are Hemacare Corporation, Asahi Kasei Kuraray Medical, B. Braun Melsungen AG, Fenwal, Terumo BCT, Therakos, Haemonetics Corp.,Fresenius Kabi, Kawasumi Laboratories. Strategic collaborations, merger and acquisitions are key strategies followed by market payers for consolidating their position in the market.

Global Apheresis Equipment Market By Product

1 Disposable Kit
2 Apheresis Machines

Global Apheresis Equipment Market By Application

1 Renal Disease
2 Neurology
3 Hematology

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Global Apheresis Equipment Market By Procedure Analysis

1 Photopheresis
2 Plasmapheresis
3 LDL Apheresis
4 Plateletpheresis
5 Leukapheresis
6 Erythrocytapheresis

Chapter 1. Methodology and Scope

1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.1.4. Research parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Apheresis Equipment Market 3600 synopsis, 2012 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends

Chapter 3. Apheresis Equipment Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2012 - 2024
3.3. Industry impact forces

3.3.1. Growth drivers
3.3.1.1. Growing demand for platelets and plasma
3.3.1.2. Increasing prevalence of target diseases
3.3.1.3. Presence of favorable reimbursement policies
3.3.1.4. Implementation of supportive government initiatives

3.3.2. Market restraints
3.3.2.1. Risks associated with apheresis
3.3.2.2. Lack of donor availability & histocompatibility

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Data Tables

TABLE 1 Apheresis Equipment Industry 3600 Synopsis, 2012-2024
TABLE 2 Global Apheresis Equipment Market, by product, 2012 – 2024 (USD Million)
TABLE 3 Global Apheresis Equipment Market, by application, 2012 – 2024 (USD Million)
TABLE 4 Global Apheresis Equipment Market, by procedure, 2012 – 2024 (USD Million)
TABLE 5 Global Apheresis Equipment Market, by technology, 2012 – 2024 (USD Million)
TABLE 6 Global Apheresis Equipment Market, by region, 2012 – 2024 (USD Million)
TABLE 7 Industry impact forces
TABLE 8 North America Apheresis Equipment Market, by product, 2012 – 2024 (USD Million)
TABLE 9 North America Apheresis Equipment Market, by application, 2012 – 2024 (USD Million)
TABLE 10 North America Apheresis Equipment Market, by procedure, 2012 – 2024 (USD Million)

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