About Hemoperfusion
Hemoperfusion is a treatment that is used to handle large volumes of the patient’s blood and is passed over an adsorbent substance from the blood. Adsorption is a process through which molecules and particles are attracted to the surface of the solid material held there. It is a treatment of chronic uremia which is focusing on reducing the generation of the nitrogenous end products.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 13.0% |
The global hemoperfusion market is moderately competitive and it is having of some leading players. In terms of vendors share, some of the leading players are highly dominating the global market. These leading market players are focusing on strategic growth initiatives which enhanced their market share to improve their business profitability. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hemoperfusion market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gambro (United States), Organon-Teknika (United States), Smith and Nephew (United Kingdom), Cytosorbents (United States), Asahi-Kasei (Japan), Biosun Medical (China), Toray Medical (Japan), Jafron Biomedical (China), Baxter International (United States) and Kaneka Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Toray Medical Co. Ltd. (Japan), Fresenius SE & Co. KGaA (Germany), B. Braun Melsungen AG (Germany) and Abbott Laboratories (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hemoperfusion market by Type (Charcoal Hemoperfusion and Certain Resins Hemoperfusion), Application (Drug Intoxication, Hepatic Encephalopathy and Others) and Region.
On the basis of geography, the market of Hemoperfusion has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Hemoperfusion Devices, the sub-segment i.e. DiaKart will boost the Hemoperfusion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Raw Material, the sub-segment i.e. Polypropylene will boost the Hemoperfusion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sorbent, the sub-segment i.e. Petroleum Based Charcoal will boost the Hemoperfusion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Use of Hemoperfusion in Healthcare Such As Providing Supportive Treatment Before and After Transplantation for Patients In Case Of Liver Failure and Others
Market Growth Drivers:
Increasing Utilization of Adsorbent Substance Technique to Remove Toxic Substances and Poisons, Rising Investment from the Emerging Countries Such As China, India and Rapid Growth in End User Industries Is Booming the Market in Hemoperfusion
Challenges:
Lack of Consumer Awareness
Restraints:
Rising Concern towards Risks Such As Infection, Blood Clotting, Destruction of Blood Platelets, And Organ Failure
Opportunities:
Rising Investment of Research and Development Innovative and Increasing Prevalence of Blood Disorders Such As Platelet Disorder and Bleeding Problem
Market Leaders and their expansionary development strategies
In June 2022, CytoSorbents Corporation announced that following a successful pilot program in three countries, the Company has signed an expanded non-exclusive agreement with Nikkiso Europe GmbH (Nikkiso) to distribute their PureADJUST stand-alone hemoperfusion pump and accessories
In Feb 2020, Baxter International Inc. announced the agreement to deal with Spectral Medical Inc. for the blood filter in the United States and Canada region. Basically, it is a hemoperfusion filter and endotoxin activity assay, a diagnostic tool. It is an investigating device in the United States.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Hemoperfusion Devices Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.