Press release
Blood Purification Equipment Market Size is Expected to Exhibit US$ 27.3 Billion by 2027
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.
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