Top Market Shifts Transforming the Apheresis Consumables And Equipment Market Landscape: Key Insights

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What Is the Expected CAGR for the Apheresis Consumables And Equipment Market Through 2025?
The market size for apheresis consumables and equipment has seen a swift expansion in the last few years. The market, expected to reach $3.34 billion by 2024, is projected to further increase to $3.76 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%. Factors contributing to this growth during the historic period include an increase in chronic diseases, enhanced patient understanding of apheresis procedures, a surge in demand for blood components, and an aging population.

What's the Projected Size of the Global Apheresis Consumables And Equipment Market by 2029?
The market for apheresis consumables and equipment is predicted to witness significant expansion in the coming few years, escalating to a worth of $5.66 billion by 2029 with a compound annual growth rate (CAGR) of 10.8%. The anticipated growth during the forecast period is largely due to its increasing application in cell therapy, emerging infectious diseases, personalized medicine, advancements in healthcare infrastructure, growing number of blood donations, and a surge in organ transplantation. This period is also expected to observe key trends such as the incorporation of automation and robotics, therapeutic apheresis, the rise of remote apheresis services, the introduction of portable apheresis equipment, and further integration of automation and robotics.

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Top Growth Drivers in the Apheresis Consumables And Equipment Industry: What's Accelerating the Market?
The need for blood transfusions is escalating globally due to the increasing incidences of blood disorders. This has amplified the role of Apheresis Equipment which aids in blood transfusion for conditions like sickle cell anemia, leukemia, and cancer. A study by the Leukemia and Lymphoma Society anticipated around 60,300 cases of leukemia to be reported in the USA, along with a case of blood cancer emerging every 3 minutes, all requiring immediate blood transfusions. In line with data from the American Society of Hematology, around 100,000 Americans are living with sickle cell Anemia while another 2 million people are carriers of the trait, necessitating the usage of Apheresis Equipment for blood transfusion. Predictions from the International Agency for Research on Cancer (IARC) also suggest that by 2040, approximately 16.3 million new cancer cases will be reported globally. With each cancer procedure demanding at least 8 units of blood, the need for a collection of blood components and blood transfusion rises significantly. Therefore, due to the growing prevalence of these blood disorders, the demand for Apheresis consumables and equipment in the healthcare sector is escalating.

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What Trends Will Shape the Apheresis Consumables And Equipment Market Through 2029 and Beyond?
Firms are creating high-tech, automated goods which boost the effectiveness of the product (blood). Items such as automatic apheresis machines featuring continuous flow centrifugation, automated interface systems, and personalized anticoagulant infusion systems are in the process of being created and embraced. Employing automated Apheresis machinery has led to a quicker, more efficient method of separating blood. For example, Haemonetics Corp has innovated automated apheresis machinery NexSys PCS, enhancing productivity and ameliorating quality and compliance within plasma collection centers.

What Are the Main Segments in the Apheresis Consumables And Equipment Market?
The apheresis consumables and equipment market covered in this report is segmented -

1) By Product: Disposables, Devices
2) By Technology: Centrifugation, Membrane Filtration
3) By Procedure: Photopheresis, Plasmapheresis, LDL Apheresis, Plateletpheresis, Leukapheresis, Erythrocytapheresis, Other Procedures
4) By Application: Renal Disease, Neurology, Hematology, Other Applications

Subsegments:
1) By Disposables: Apheresis Kits, Tubing Sets, Filters, Collection Bags, Anticoagulants
2) By Devices: Automated Apheresis Devices, Manual Apheresis Devices, Centrifuges, Plasmapheresis Devices

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Which Top Companies are Driving Growth in the Apheresis Consumables And Equipment Market?
Major companies operating in the apheresis consumables and equipment market include Asahi Kasei Medical Co. Ltd., Haemonetics Corporation, Kawasumi Laboratories Inc., Fresenius SE & Co. KGaA, Terumo BCT, Braun Melsungen AG, Therakos Inc., HemaCare Corporation, Cerus Corporation, Kaneka Corporation, Nikkiso Co., Medica SpA, Terumo Corporation, Macopharma, Grifols S.A., Baxter International Inc., Fenwal Inc., Miltenyi Biotec GmbH, Infomed SA, Lmb Technologie GmbH, Medivators Inc., Nigale Biomedical Inc., Aferetica S.r.l., Apheresis Care Group, Beijing Meso-Tech Co. Ltd., Biegler GmbH, Brightwake Ltd., Cytosorbents Corporation, DePuy Synthes Companies, Guangzhou Daji Medical Science and Technology Co. Ltd., Haier Biomedical

Which Regions Will Dominate the Apheresis Consumables And Equipment Market Through 2029?
The countries covered in the apheresis consumables and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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