Press release
Apheresis Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Membrane filtration technology and centrifugation are employed in order to separate blood components depending upon their characteristics such as affinity for biological elements, dimension, molecular weight, etc. Blood is drawn from the patient’s body, combined with an anticoagulant to divide the blood components based on detailed mechanism criteria. This followed by transfusing back the residual of the blood to the patient’s body once the required blood component is separated. This apheresis procedure involves sophisticated apheresis systems. Rising application of therapeutic plasma exchange is resulting in a highly competitive market with a large number of market players functional in apheresis systems market. The intensity of the competition is estimated to mount significantly with the entry of new players in the upcoming years.
Major Factors Driving the Growth of the Global Apheresis System Market:
• Increasing demand for different blood components
• Emergent complex surgeries
• Advanced novel apheresis techniques
• Increasing prevalence of diverse chronic diseases, blood-related diseases, metabolic diseases, kidney and neurological disorders
• Availability of comprehensive database on apheresis builds based on cohort studies, clinical trials, medical journals etc.
• Mounting demand for source plasma from biopharmaceutical companies
• Rising need to improve blood centre efficiency
• A rise in government initiatives that promote blood donations in the developing economies
According to Cerus Corporation recent news updates implementation of pathogen-reduction for all apheresis platelets collected at Navy Blood Donor Centers is well received by the United States Department of the Navy.
Thus, the global apheresis system market is set to grow at lucrative CAGR and reach a bolstering market value during the forecast tenure of 2019-2026.
Factors Hampering Global Apheresis Systems Market Growth
• High capital investment
• The cost associated with individual apheresis procedure and equipment
• Risk of infections
• Shortage of skilled specialists to perform Apheresis procedure
• Adoption of tailored reimbursement policies by third-party according to the principle of appropriate
• Scarcity of qualified donors
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Global Apheresis Systems Market by Product Type
+ Standalone Apheresis Systems
+ Portable Apheresis Systems
+ Consumables and Supplies
Global Apheresis Systems Market by End User
+ Hospitals
+ Outpatient Centres
+ Blood Banks
Due to the rising inclination of using specific blood components to treat aliments and rise in hospitalisations for trauma cases and chronic diseases the hospital segment is estimated to be at the forefront in terms of market share. Also with the rising need for blood storage centres the blood banks segment is estimated to grow with a healthy CAGR in coming years.
Global Apheresis Systems Market by Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
North America holds a key share in the market due to sophisticated technological healthcare infrastructure, surge in demand for plasma-derived medicines, enhanced patient awareness, the and rise in cases of different chronic diseases. Asia-Pacific is estimated to be the fastest growing region owing to aggregate demand for various blood components, increasing healthcare expenditure and rapid development in healthcare. Untapped emerging regions from the rest of the world showcase new growth opportunities for this market over the coming years.
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global apheresis systems market by product type, by end user, by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.
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