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Apheresis Equipment Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Author : Ronak Bora | Published Date : 2020-09-10 

Apheresis Equipment Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Favorable government regulations towards apheresis across developed economies is slated to push the apheresis equipment market growth over the coming years. The European Commission has encouraged many initiatives to ensure quality and safety associated with storage, distribution, collection, and processing of blood components. Several regulatory initiatives to promote the rising demand for blood and plasma components for people needing plasma transfusion and blood derived products for survival would further bolster the product demand over the coming years. In fact, the Article 110 of Directive 2001/83/EC actively encourages the industry players to manufacture human plasma-derived or blood-derived medicinal products to be used in the treatment of blood disorders.

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Based on these factors, GMI Inc. estimates the apheresis equipment market is likely to exceed a valuation of $4.5 billion by 2025.

Moreover, an upsurge in the number of people suffering from blood disorders is further expected to push the market share. In fact, according to a recent survey conducted by the Centers for Disease Control and Prevention across hemophilia treatment centers that are federally funded, about 33,000 males are suffering from hemophilia in the U.S. alone. Owing to such tremendous number of blood disorder related disease cases, demand for plasma and subsequently apheresis equipment is likely to go up significantly.

In terms of the product, the apheresis machines segment represented more than 30% revenue share of the overall market in 2018. The segment is anticipated to register considerable growth over the coming years owing to the increasing demand for apheresis machines globally. These machines observe such distinguished rate of adoption due to their durability and extensive use in transfusion therapy. Moreover, ample availability of a better class of machines for efficient separation of numerous plasma and blood components would foster the segment share.

With respect to the application, in 2018 hematology segment was valued at about $795 million. Over the coming years the segment is expected to foresee lucrative business growth owing to the increasing usage of these units in the field of hematology for specific analysis and examination of the blood. The HAU (hematology apheresis unit) is increasingly used to effectively measure marrow as well as blood components containing stem cell based peripheral blood assemblies, making them highly integral for the healthcare industry.

On the geographical front, growing healthcare issues in the regional population are considered to push the North America apheresis equipment market growth. In fact, the region accounted for a revenue share of more than 40% in 2018. Higher availability of enhanced healthcare infrastructure would further augment the regional market size. Moreover, the relatively higher expenditure on healthcare facilities should further push the North America apheresis equipment industry outlook.

Major industry players are increasingly adopting various strategies to consolidate their position in the industry and gain a competitive edge over other market players. Taking March 2020 for instance, Haemonetics Corporation acquired enicor GmbH, a blood coagulation systems manufacturer based in Munich, Germany. The acquisition allowed Haemonetics to further expand its advanced viscoelastic testing portfolio.

The competitive landscape of the global apheresis market is inclusive of players such as Fresenius, Hemacare, Therakos, Asahi Kasei Kuraray Medical, Fenwal, and Terumo BCT among others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/apheresis-equipment-market

Partial Chapter of the Table of Content 

Chapter 4. Apheresis Equipment Market, By Product

4.1. Key segment trends

4.2. Disposable apheresis kits

4.2.1.  Market size, by region, 2014 – 2025 (USD Million)

4.3. Apheresis machines

4.3.1.  Market size, by region, 2014-2025 (USD Million)

Chapter 5. Apheresis Equipment Market, By Application

5.1. Key segment trends

5.2. Renal disease

5.2.1.  Market size, by region, 2014-2025 (USD Million)

5.3. Neurology

5.3.1.  Market size, by region, 2014-2025 (USD Million)

5.4. Hematology

5.4.1.  Market size, by region, 2014-2025 (USD Million)

5.5. Others

5.5.1.  Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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