Press Release

Apheresis Market to Thrive Due to the Growing Demand for Blood Components

The Global Apheresis Market is projected to grow at a CAGR of 8.75% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. The factors positively contributing to the growth in demand are rising incidences of  Renal disorders & cardiovascular diseases. Due to rising obesity & diabetes mellitus, individuals across the globe are witnessing an increase in kidney disorders. Additionally,  the occurrences of hematological is also surging. These individuals require medical intervention & undergo medical therapies, which is uplifting the demand for Apheresis.

Additionally, non-government organizations and pivotal market players are increasingly laying awareness programs to educate individuals about blood donations and transfusions worldwide. These efforts are boosting more people to donate blood & engage in blood donation activities. The collection of the blood components donated by the individuals is done using the apheresis machine. Thus, the rising blood donation activities across the globe are leading to a rise in the use of apheresis machines, thereby boosting the market. Furthermore, several individuals voluntarily increasingly agree to donate their organs to help the patients who need organ transplantation. The overall organ transplantation procedure requires platelet transfusions, which are primarily obtained through apheresis assistance, further driving the demand for apheresis machines and disposables.

Additionally, the major market players are amalgamating the latest technologies to  expand their applications  in various medical fields, which would continue to fuel market growth, further states the research report, “Global Apheresis Market Analysis, 2024.”

Global Apheresis Market Segmentation Analysis

Plasmapheresis Leads the Global Apheresis Market

Based on the apheresis procedure segment, the market is further categorized into Leukapheresis, Plasmapheresis, Plateletpheresis, Erythrocytapheresis, and Others. Among them, Plasmapheresis holds a noteworthy market share in the Global Apheresis Market. The rising incidences of neurological disorders are necessitating the requirement for Plasmapheresis since it provides more positive outcomes. These medical treatments also provide treatment for multiple sclerosis and potentially remove harmful substances from the bloodstream. This consequently minimizes the adverse effects and duration of multiple sclerosis relapses, providing comfort to the patients. Additionally, the heightened awareness among healthcare professionals & patients, along with favorable regulatory environments is also propelling the adoption of Plasmapheresis, contributing significantly to the growth of the Plasmapheresis segment market.

North America Outperforms in the Global Apheresis Market

Geographically, North America holds a dominant share in the Global Apheresis Market. The countries in the region have a higher recorded number of patients suffering from CKD & autoimmune disorders. Therefore, there is a higher requirement for apheresis machines to alleviate the pain & treat the patients. Additionally, the governing authorities of the North American countries are encouraging the hospitals to modernize their infrastructure and invest in the latest machines. These consistent investments & government favorable policies would continue to uplift the demand for apheresis machines in North America. Moreover, the geriatric population is also increasing in the country. This aging population is more susceptible to autoimmune disorders, therefore, the requirement for apheresis machines to cure patients would continue to grow.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including B. Braun SE, Asahi Kasei Corporation, Fresenius SE & Co. KgaA, Haemonetics Corporation, Terumo Corporation, Kaneka Corporation, SB-Kawasumi Laboratories, INC., Medica SPA, Nikkiso Co., Ltd., Cerus Corporation, Miltenyi Biotech, Haier Biomedical, and Others, are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the Global Apheresis Market?
3. What key factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been  shaping across various regions?
6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?