Apheresis Equipment Market Expected to Achieve 12.4% CAGR by 2029: Growth Forecast Insights

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How Large Will the Apheresis Equipment Market Size By 2025?
The expansion of the apheresis equipment market has been significant in recent years. From 2024 to 2025, its size is projected to rise from $3.84 billion to $4.33 billion, reflecting a compound annual growth rate (CAGR) of 12.8%. The historic period growth has been due to several factors. These include an increase in surgical procedures that require component therapy, a rising demand for customized medicine options, growing applications in fields such as oncology and neurology, an increase in government support for the treatment of blood disorders, and improvements in the efficiency and accuracy of apheresis procedures.

How Big Is the Apheresis Equipment Market Size Expected to Grow by 2029?
In the coming years, the apheresis equipment market size is anticipated to witness rapid expansion and is predicted to reach $6.92 billion in 2029 with a compound annual growth rate (CAGR) of 12.4%. The growth during the forecast period can be traced back to a rise in rare genetic diseases, an increased need for specific blood component treatments, a growing number of trauma and accident incidences, a climbing count of aged patients needing blood therapies, and an upsurge in chronic disease-related hospital admissions. Key trends during the forecast period comprise advancements in small and portable apheresis gadgets, the invention of artificial intelligence-embedded monitoring systems, breakthroughs in blood component separation processes, the advent of tailored apheresis protocols, and the expansion of home-based apheresis treatments.

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Which Key Market Drivers Powering Apheresis Equipment Market Expansion and Growth?
The escalation in cases of blood disorders is set to fuel the expansion of the apheresis equipment market. Blood disorders encompass conditions that influence the constituents of blood, such as red and white blood cells, platelets, or plasma. The surge in blood disorder cases can mainly be attributed to the growing rates of chronic ailments that significantly impact blood health, necessitating regular monitoring. Apheresis equipment aids in the effective management of blood disorders through its ability to accurately segregate and eliminate specific blood elements. It bolsters patient care by employing cutting-edge technologies that boost safety, lessen procedural duration, and maximize treatment efficacy. For instance, the Perth Blood Institute, a not-for-profit establishment based in Australia, revealed in April 2024 that the count of hemophilia patients (a hereditary blood condition where the blood does not have adequate clotting factors, leading to extended bleeding) escalated to 257,146 in 2022, up from 233,577 in 2021. Thus, the escalating rates of blood disorders are fueling the growth of the apheresis equipment market.

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Which Fast-Growing Trends Are Poised to Disrupt the Apheresis Equipment Market?
The apheresis equipment market is witnessing a trend where prominent companies are concentrating on devising advanced products like venous access techniques. These techniques aim to elevate patient comfort, trim down procedural time, and amplify the efficacy of treatments. Venous access techniques are state-of-the-art methods and technologies to aid the process of inserting needles or catheters into veins, ensuring the procedure is safer, easier, and more efficient. An example of this is Fresenius Kabi AG, a medical technology firm based in Germany, which in April 2023, introduced a single-needle venous access function for its Amicus extracorporeal photopheresis (ECP) system. This upgrade enables clinicians to easily toggle between single-needle and double-needle access throughout the procedure. Moreover, it incorporates advanced software updates and a single-use disposable kit to facilitate easy configuration and smooth clinical workflows. The enhancements not only boost patient comfort but also mitigate the risk of complications and maximize the overall effectiveness of apheresis treatments.

What Are the Emerging Segments in the Apheresis Equipment Market?
The apheresis equipment market covered in this report is segmented

1) By Product Type: Plasmapheresis Equipment, Photopheresis Equipment, Low-Density Lipoprotein (LDL) Apheresis Equipment, Other Product Types
2) By Technology Type: Centrifugation, Membrane Filtration
3) By Application: Renal Diseases, Hematology, Neurology, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Blood Donation Centers, Other End Users

Subsegments:
1) By Plasmapheresis Equipment: Automated Plasmapheresis Systems, Manual Plasmapheresis Systems, Plasma Exchange Devices, Plasma Collection Devices, Plasma Filtration Systems
2) By Photopheresis Equipment: Extracorporeal Photopheresis Systems, In Vivo Photopheresis Devices, Photoactivation Equipment
3) By Low-Density Lipoprotein (LDL) Apheresis Equipment: Cascade Filtration Systems, Immunoadsorption Systems, Selective Low-Density Lipoprotein Removal Devices
4) By Other Product Types: Leukapheresis Equipment, Red Blood Cell Apheresis Devices, Plateletpheresis Systems, Stem Cell Apheresis Devices

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Who Are the Global Leaders in the Apheresis Equipment Market?
Major companies operating in the apheresis equipment market are Asahi Kasei Medical Co. Ltd., Baxter International Inc., Fresenius Kabi AG, Terumo Blood and Cell Technologies Inc., Kaneka Corporation, Sumitomo Bakelite Co. Ltd., Nikkiso Co. Ltd., Haemonetics Corporation, Miltenyi Biotec GmbH, Macopharma S.A., B. Braun Melsungen AG, Cerus Corporation, Infomed S.A., Medica S.p.A., Baihe Medical Technology Co. Ltd., Brightwake Limited, Kawasumi Laboratories Inc., Haier Biomedical Co. Ltd., Nigale Biomedical Inc., Apheresis Technologies LLC.

Which are the Top Profitable Regional Markets for the Apheresis Equipment Industry?
North America was the largest region in the apheresis equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the apheresis equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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