Press release
Global Plasmapheresis Market Poised to Reach $2.55 Billion by 2030
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The report highlights several key factors driving the market's expansion. The increasing prevalence of autoimmune disorders, such as lupus and multiple sclerosis, has led to a surge in demand for therapeutic plasmapheresis. Additionally, the biopharmaceutical industry's growing need for source plasma, coupled with improved reimbursement frameworks, is significantly contributing to market growth. Emerging markets are also expected to offer substantial growth opportunities, as awareness and adoption of plasmapheresis procedures continue to rise.
However, the market faces challenges that could impede its growth to some extent. High costs associated with plasmapheresis devices and procedures, along with the inherent risks of the procedure, remain significant barriers. Furthermore, a lack of awareness about plasmapheresis and limited access to these procedures in certain regions pose additional challenges.
Market Segmentation and Insights
The plasmapheresis market is comprehensively segmented by product, technology, application, end user, and geography, offering a detailed analysis of each segment's performance and future outlook.
Product Segment: In 2023, the disposables segment is expected to dominate the market, driven by the recurring need for plasma separation filters and administration sets during plasmapheresis procedures.
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Technology Segment: The centrifugation technology segment is anticipated to hold the largest market share in 2023. This technology's efficiency in separating plasma from other blood components quickly and effectively underpins its dominant position.
Application Segment: Source plasma collection is forecasted to lead the market in 2023, propelled by the rising demand for plasma from pharmaceutical and biotechnology companies and the growing awareness of voluntary plasma donations.
End User Segment: Source plasma collection is again expected to command the largest share in 2023, reflecting the increasing demand for plasma-derived products and advancements in plasma fractionation methods.
Geographical Insights
Regionally, North America is projected to maintain its leading position in the plasmapheresis market in 2023, followed by Europe and Asia-Pacific. The dominance of North America is attributed to high awareness of therapeutic plasmapheresis applications, a significant prevalence of autoimmune diseases, and the region's advanced healthcare infrastructure.
Leading Market Players
The competitive landscape of the plasmapheresis market includes key players such as: Asahi Kasei Corporation (Japan), Terumo Corporation (Japan), Baxter International Inc. (U.S.), B. Braun Melsungen AG (Germany), SB-Kawasumi Laboratories, Inc (Japan), Kaneka Corporation (Japan), Haemonetics Corporation (U.S.), Fresenius SE & Co. KGaA (Germany), Shanghai Dahua Medical Apparatus Co., Ltd. (China), and Infomed SA (Switzerland).
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