Apheresis Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2032

Report Overview
The market for apheresis equipment was estimated at USD 2.66 billion in 2022, and from 2023 to 2032, it is anticipated to increase at a CAGR of 10.94%. The market expansion is anticipated to be fueled by the increased prevalence of blood-related illnesses, the availability of supportive government initiatives, and reimbursement frameworks. Additionally, it is projected that the demand for apheresis equipment would be supported during the forecast period by the increased popularity and involvement in blood donation drives and camps as well as the rising number of blood transfusions.

The prevalence of chronic conditions like cancer and autoimmune illnesses is expected to increase, which will accelerate market expansion. According to the National Stem Cell Foundation (NSCF), there are over 80 different autoimmune illnesses that affect about 4% of the world's population. In the United States, autoimmune illnesses are the third most common cause of chronic illness. For instance, 3%, or around 10 million people, of the population of the United States are affected by all autoimmune illnesses, according to Johns Hopkins Medicine Pathology. TPE, or therapeutic plasma exchange, is frequently used to treat autoimmune illnesses.

The need for apheresis equipment is rising as a result of the rising complexity of surgical procedures and the rising demand for various blood components. The American National Red Cross estimates that the United States needs about 29,000 units of RBCs every day. Every year, over 16 million blood components are transfused. The risk associated with apheresis equipment, in addition to a scarcity of donors and histocompatibility, are restricting the market's growth.

Key Takeaways
Geographically, North America dominated the market in 2021 because to its well-developed healthcare infrastructure, availability of specialists with advanced training to operate the machinery, and presence of reputable businesses producing apheresis equipment. Due to the increased incidence of blood disorders and cancer, the demand for better healthcare facilities, and the rise in healthcare spending, Asia-Pacific is predicted to present manufacturers with lucrative growth possibilities.

During the projected period of 2023-2032, it is anticipated that increased blood component demand and the prevalence of chronic bleeding problems will propel the market expansion for apheresis equipment. However, the high cost of the apheresis method and associated equipment, together with the substantial capital investment needed, continue to restrain market expansion.

Competitive Landscape:
Asahi Kasei Corporation, B. Braun Melsungen Aktiengesellschaft, Baxter International Inc., Fresenius Kabi Aktiengesellschaft (Fresenius SE & Co. KGaA), Haemonetics Corporation, Hemacare Corporation (Charles River Laboratories Inc.), Kaneka Corporation, Kawasumi Laboratories Inc., Medica SpA, Nikkiso Co Ltd., and Terumo BCT Inc. are some of the major players (Terumo Corporation).

This report examines all the key factors influencing growth of global Apheresis Equipment market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Apheresis Equipment market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

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Global Apheresis Equipment Market: Major Players
Therakos, Inc.
Terumo BCT, Inc.
Haemonetics Corporation
HemaCare Corporation
Fresenius Kabi (Fenwal)
B. Braun Melsungen AG
Asahi Kasei Kuraray Medical Co. Ltd

Global Apheresis Equipment Market: Types
Plasmapheresis
Plateletpheresis
Leukapheresis
Lymphopheresis
Erythrocytapheresis

Global Apheresis Equipment Market: Applications
Blood Donation
Therapeutic Purpose

Global Apheresis Equipment Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Apheresis Equipment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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An Overview of the Impact of COVID-19 on Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Frequently Asked Questions About This Report
• How big is the apheresis equipment market?
• What is the apheresis equipment market growth?
• Which segment accounted for the largest apheresis equipment market share?
• Who are the key players in the apheresis equipment market?
• What are the factors driving the apheresis equipment market?

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