Apheresis Equipment Market 2020-2026 Moving Towards Brighter Future | Major Giants – Braun Melsungen AG, Cerus Corporation, Fresenius Medical Care
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Global apheresis equipment market is expected to rise with a healthy CAGR of 11.87% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased development of drugs with better therapeutic profiles. The report contains data of the base year 2018 and historic year 2017.
Few of the major competitors currently working in the global apheresis equipment market are Terumo Medical Corporation, HemaCare, Haemonetics Corporation, Asahi Kasei Medical Co.,Ltd, B. Braun Melsungen AG, Cerus Corporation, Fresenius Medical Care AG & Co. KGaA, KAWASUMI LABORATORIES, INC, KANEKA CORPORATION, Mallinckrodt, Medica S.p.A among others.
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Market Definition: Global Apheresis Equipment Market
Apheresis refers to a process in which the blood of a person is passed through equipment in which one particular component of blood is centrifuged and the remainder component is send back to the donor’s circulation. For instance, during the blood donation the apheresis equipment is used for separation and collection of the platelets or plasma while returning of the red blood cells to the donor blood stream. Growing usage of apheresis equipment during blood donation is a major factor for the growth of this market.
Apheresis Equipment Market Drivers:
Increasing demand for blood derivatives is expected to drive the growth of the market
Growing cases of sickle cell anemia and leukemia is expected to drive the growth of the market
Increasing cases of hospital acquired infection is expected to drive the growth of the market
Rising demand of apheresis to treat cancer is also expected to boost the growth of the market
Apheresis Equipment Market Restraints:
Stringent regulatory policies, which is restricting the overall adoption of these meters
Lack of blood donors; this factor is expected to restrict the growth of the market
High cost of the systems restricts the growth of the market
Key Developments in the Apheresis Equipment Market:
In April 2019, Advanced Prenatal Therapeutics, Inc. received the FDA approval for its APT’s Targeted Apheresis Column for Preeclampsia (TAC-PE) and designated it as a breakthrough device. The designation allows APT to work with the FDA to accelerate development and regulatory timelines. With this product launch the company will establish a footprint in the apheresis equipment market
In December 2017, Spectral Medical Inc. received the FDA 510(k) clearance for its Spectral Apheresis Machine which is specifically designed to use in the therapeutic plasma exchange and continuous renal replacement therapy. This product approval will enhance the company’s product portfolio for this market
Opportunities in the Apheresis Equipment Market Report :
Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Apheresis Equipment Market report.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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Apheresis system assists in the collection and separation of blood components for donation. In addition, this system can perform 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
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Global Apheresis Equipment Market: Snapshot An apheresis machine comprises of a gadget or device which gathers blood removed from the body of the donor and separates it into the diverse components, for instance, platelets, plasma, platelets, red and white platelets. Contingent upon the reason, the apheresis procedure is required, one of these parts can be effortlessly segregated and gathered by the gear, while alternate segments are sent back to the body.
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Apheresis is a procedure in which the blood is passed through equipment in which one component of the blood is centrifuged and the remainder component is returned back to the donor’s or patient’s circulation. For example during blood donation using apheresis equipment, the procedure involves separation and collection of the plasma or platelets, while returning red blood cells back to the donor blood stream. There are different types of procedures
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Global Apheresis Market: Overview Apheresis, also known as pheresis and hemapheresis refers to a procedure that comprises extraction of blood from a donor and separating and preserving its components such as leukocytes, platelets, and plasma. Henceforth, the rest of the components are transfused back into the body of the donor. In this process, several abnormal components are also removed from the blood. The apheresis market is categorized from both the therapeutic