About Apheresis
Apheresis is a medical technology in which the blood of a person is passed through an apparatus that separates out one particular constituent and returns the remainder to the circulation. The increasing demand for blood components and growing concerns regarding blood safety across the globe, rising prevalence of various blood disorders, increasing number of surgical procedures and emergency care cases in hospitals around the world are driving market growth. Extending reach of apheresis in the untapped paediatric segment and growth in emerging markets due to increasing investments presents significant growth opportunities for players in this market. However, high costs of apheresis machines & procedures and scarcity of qualified donors are the major restraining factors for this market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States and Japanese Players will contribute the maximum growth to Global Apheresis 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.
Terumo BCT, Inc. (United States), Fresenius SE & Co. KGaA (Germany), Haemonetics Corporation (United States), Asahi Kasei Medical Co. Ltd. (Japan), B. Braun Melsungen AG (Germany), Baxter International Inc. (United States), Cerus Corporation (United States), Kaneka Corporation (Japan), Kawasumi Laboratories, Inc. (Japan) and Nikkiso Co., Ltd. (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Apheresis market by Type (Apheresis Devices and Apheresis Disposables), Application (Plasmapheresis, Plateletpheresis, Erythrocytapheresis, Leukapheresis and Other Applications) and Region.
On the basis of geography, the market of Apheresis 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 Technology, the sub-segment i.e. Centrifugation will boost the Apheresis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Automated blood collection (Donor Apheresis) will boost the Apheresis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Source Plasma From Biopharmaceutical Companies and Favourable Reimbursement for Apheresis Procedures
Market Growth Drivers:
Rising Prevalence of Chronic Diseases and Growing Number of Trauma and Injury Cases, Rising Demand for Blood Components and Growing Concerns Regarding Blood Safety and Increase in the Number of Complex Surgical Procedures
Challenges:
Recruitment of Voluntary Non-Remunerated Donors and Safety of Blood Transfusion in Developing Countries
Restraints:
High Cost of Apheresis Devices & Therapeutic Apheresis Procedures and Installation of Apheresis Devices Through Rental Model, Fewer Blood Donations Using Apheresis Due to Lack of Awareness and Stringent Donor Recruitment Criteria
Opportunities:
Apheresis for Leukemia and Pediatric Patients and Emerging Economies With Increasing Investments From Government Bodies and Leading Players
Market Leaders and their expansionary development strategies
In October 2019, Terumo BCT (US) collaborated with the UniCAR-Therapy Bio-Medicine Technology Co. (China). This collaboration aimed at advancing CAR T-cell therapies by creating a new Shanghai Center of Excellence. This development also helped Terumo widen its applications of apheresis and leukapheresis procedures.
In June 2019, Toray Medical Co. Ltd. (Japan) launched the TORAMYXIN device in the European region.
Key Target Audience
Apheresis Procedure Giver, Apheresis Treatment Providers, Research and Development Institutes, Potential Investors, Hospitals, Regulatory Bodies and Others
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.