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Blood Purification Equipment Market Analysis, Top Drivers, Key Players, Segmentation And Forecast To 2033
Blood Purification Equipment Market Analysis
As per the report, the blood purification equipment market size has grown strongly in recent years. It will grow from $19.9 billion in 2023 to $21.28 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The blood purification equipment market size is expected to see strong growth in the next few years. It will grow to $28.71 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.
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Blood Purification Equipment Market Surge Driven By Increasing Kidney Transplants
Increasing kidney transplants is expected to propel the growth of the blood purification equipment market going forward. Kidney transplant refers to a surgical procedure in which a healthy kidney from a donor is transplanted into a patient with end-stage renal disease (ESRD) or other severe kidney-related disorders. Blood purification equipment can help in the management of these patients by removing excess medications from the blood, maintaining the balance of electrolytes, and managing fluid levels. For instance, according to the United Network for Organ Sharing, a US-based non-profit scientific and educational organization, in 2022, more than 25,000 kidney transplants were performed in the United States, marking a new annual record and a 3.4% increase over 2021. Therefore, increasing kidney transplants is driving the blood purification equipment market.
Breakthrough Innovations In Blood Purification Equipment
Major companies operating in the blood purification equipment market are developing innovative products to address the growing demand for blood purification therapy. For instance, in June 2022, Santersus AG, a therapeutic apheresis company, received FDA breakthrough designation for its medical device product, NucleoCapture. The NucleoCapture device is designed to cleanse patient blood of neutrophil extracellular traps (NETs), which have been recognized as a contributing factor in the development of sepsis and other conditions. It is the first-in-class, fully functional product designed to capture and remove circulating NETs from patient blood, allowing safe removal of NETs without compromising the defensive function of neutrophils.
The blood purification equipment market covered in this report is segmented -
1) By Product Type: Portable, Stationary
2) By Indication: Sepsis, Renal Diseases, Other Indications
3) By End User: Hospitals And Clinics, Dialysis Centers, Other End Users
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Major companies operating in the blood purification equipment market report are B. Braun Melsungen AG, Baxter International Inc., Nikkiso Co. Ltd., Spectra Medical Inc., Fresenius SE and Co. KGaA, Cerus Corporation, Infomed SA, Asahi Kasei Corporation, Healthwell Medical Tech. Co. Ltd., SWS Medical Group, ExThera Medical Corporation, Stellarray Inc., Medtronic, Toray Medical Co Ltd., NxStage Medical Inc., Nipro Pharma Corporation., WEGO Group, JMS Co. Ltd., Shanwaishan Medical Group, Cytosorbents Corporation, Aethlon Medical Inc., SWS Hemodialysis Care Co Ltd, Jafron Biomedical Co. Ltd., Medica S.p.A., Medivators Inc., Rockwell Medical Inc., Terumo Corporation, Belco, Spiggle & Theis Medizintechnik, Delcon .
Contents of the report:
1. Executive Summary
2. Blood Purification Equipment Market Report Structure
3. Blood Purification Equipment Market Trends And Strategies
4. Blood Purification Equipment Market - Macro Economic Scenario
5. Blood Purification Equipment Market Size And Growth
…..
27. Blood Purification Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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