Press release
Blood Purification Equipment Market Size is Expected to Exhibit US$ 27.3 Billion by 2027
According to the latest report by IMARC Group "Blood Purification Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global blood purification equipment market size reached US$ 18.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.3 Billion by 2027, exhibiting a growth rate (CAGR) of 6.62% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.Blood purification equipment is a medical apparatus used to extract and purify blood for treating diseases that are unresponsive to traditional therapies. The equipment withdraws the blood to remove pathogens, cytokines, viruses, and other inflammatory mediators and pumps the purified blood back into the body of the patient. Some commonly used equipment includes hemodialysis, continuous renal replacement therapy (CRRT), plasma exchange machines, and hemoperfusion. In addition, they are employed in the treatment of organ or renal failures, plasmapheresis procedures, and immune-metabolic disorders. As a result, blood purification equipment is extensively employed in ambulatory surgical centers, clinics, and hospitals across the globe.
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Blood Purification Equipment Market Trends and Drivers:
The market is primarily driven by the increasing prevalence of metabolic and immune disorders, including diabetes, hypertension, and kidney failure. In addition, the rising popularity of at-home care for the geriatric population susceptible to numerous ailments led to the widespread adoption of economical and portable blood purification equipment, contributing to market growth. Moreover, various technological advancements, such as the development of equipment with biofeedback loops and personalized dialysis prescription capabilities, represent another major growth-inducing factor. Additionally, these novel variations are beneficial in preventing low blood pressure during dialysis, keeping electronic medical records (EMRs) up-to-date, and enhancing monitoring capabilities, which is augmenting the market growth. Besides this, the growing awareness regarding early diagnosis and care, and the rising popularity of minimally invasive (MI) surgery procedures, are providing a positive thrust to the market growth. Furthermore, extensive research and development (R&D) activities in hematology, biotechnology, and pathophysiology applications are creating a favorable market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
Portable
Stationary
Breakup by Indication:
Sepsis
Renal Diseases
Others
Breakup by End User:
Hospitals and Clinics
Dialysis Centers
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Aethlon Medical Inc.
Asahi Kasei Corporation
B. Braun Melsungen AG
Baxter International Inc.
Cerus Corporation
CytoSorbents Corporation
Fresenius SE & Co. KGaA
Healthwell Medical Tech. Co. Ltd.
Jafron Biomedical Co. Ltd.
Kaneka Corporation
Medtronic plc
Nikkiso Co ltd.
Spectral Medical Inc.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/blood-purification-equipment-market
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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