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Apheresis Market to Receive Overwhelming Hike in Revenues by 2025

11-05-2017 06:19 AM CET | Health & Medicine

Press release from: TMR - Research Reports

Apheresis Market to Receive Overwhelming Hike in Revenues

According to a TMR analyst, “The global market for apheresis is anticipated to exhibit a 10.2% CAGR between 2017 and 2025. In 2016, the market was worth US$1.85 bn and is likely to touch a valuation of US$4.33 bn by the end of 2025.” Based on procedure, the market has been segmented into erythrocytapheresis, leukapheresis, plateletpheresis, LDL apheresis, photopheresis, and plasmapheresis. Among all these, the market was reigned by the plasmapheresis segment in 2016 owing to the growing number of procedures pertaining to donor plasmapheresis across the globe. The segment is further estimated to experience an 8.9% CAGR over the course of the forecast period. Region-wise, the market is anticipated to be dominated by North America until the end of the forecast period. This growth can be attributed to the extensive development of the healthcare infrastructure in the region.

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The huge ascent in the prevalence of chronic maladies worldwide has prompted an extensive demand for blood components for use medical products such as immunoglobulin, coagulation factors, plasma, and albumin. Additionally, strict safety regulations are prompting the expanded concentration of healthcare facilities on the security and viability parts of these items, which has prompted specialized advances in apheresis items and techniques. In this manner, the rising interest for blood parts and plasma for therapeutics is anticipated to remain a key constrain affecting the general advancement of the worldwide apheresis market in the following couple of years.

From a geographical standpoint, the global apheresis market has been segmented in the report into five regions: North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America dominated the global apheresis market in 2016 owing to its well-established healthcare infrastructure and high demand for plasma for production of plasma derived medicines. Disposables products segment is anticipated to contribute largest share in North America apheresis market.

Some of the leading players operating in the global apheresis market are Asahi Kasei Medical Co. Ltd., Terumo Corporation, Haemonetics Corporation, Fresenius Kabi AG, Cerus Corporation, B. Braun Melsungen AG, Kawasumi Laboratories Inc., NIKKISO CO., LTD., Therakos, Inc., and Medica S.p.A.

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About TMR

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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