Apheresis Equipment Market – Worldwide Industry Outlook
The “Global Apheresis Equipment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast” offered by DecisionDatabases.com gives an analytical study of the market, its value chain, latest trends, forecasts, innovation, drivers, and restraints. The historical study helps in a better understanding of the market. The report also gives details about the market players who hold a dominating position in the global business scenario. Increasing occurrence of blood disorders coupled with rising demand for blood and favorable medical reimbursement policy are some of the key drivers, which are foreseen to increase the demand for apheresis equipment market over the study period.
Apheresis equipment is a device which helps in the separation of various components such as RBC, platelets, and plasma from the blood samples. It is a medical technology in which the blood samples of a patient are traversed through machines for the extracorporeal therapy. The rising number of platelets donor is also anticipated to be a major factor for the market growth in the near future. However, the high cost of therapy, lack of knowledgeable professionals and risk related with apheresis are some market restraints, which can have a negative impact on the market growth of apheresis equipment over the forecast period.
Rising incidences of chronic diseases such as autoimmune or cancer diseases are also anticipated to witness a significant growth over the forecast period on account of improvement in healthcare facilities and infrastructure across the globe. In addition, growing demand for plasma by pharmaceutical companies is also projected to open new avenues for the market growth of apheresis equipment.
The global apheresis equipment market has been segmented based on products into devices and disposables. The disposable is a leading product segment and is anticipated to grow at a substantial rate over the forecast period owing to growing worldwide demand for disposable tubes; vials blood bags, bowls and needles, along with its low cost. The apheresis equipment market has further been segmented based on application into neurological disorders, hematology, renal disorders and others. The neurological disorder is a major application segment and is projected to continue its dominance due to rising occurrence of blood-related disorder across the globe. Furthermore, the apheresis equipment market has been segmented based on procedures and technology. The centrifugation segment is estimated to grow at the highest CAGR over the forecast period on account of its growing popularity worldwide due to its unrestricted usage in the effective separation of the whole blood component. The Plasmapheresis is a dominant procedure segment and is estimated to grow at a considerable rate over the coming years due to growing adoption of this procedure in an effective replacement of infected plasma from a healthy sample.
North America is one of the leading markets for apheresis equipment and is projected to grow at a significant rate over the forecast period on account of the high patient-awareness, healthcare reimbursement policy and advanced healthcare infrastructure in the region. Asia Pacific is one of the fastest growing markets for apheresis equipment and is expected to grow at an outstanding rate in the near future owing to the presence of extensive need for medical assistance along with rising healthcare infrastructure, especially in India and China.
The key players are Asahi Kasei Kuraray Medical Co., Ltd., Terumo BCT, Inc., Fenwal, Inc., Haemonetics Corporation, Therakos, Inc., B. Braun Melsungen AG and Hemacare Corporation. The market is characterized by the presence of a large number of regional and unorganized players. Vendors are adopting various marketing strategies such as innovative product development and mergers and acquisitions for their differentiation.
In October 2015, Terumo BCT, a German company has launched the Correct Connect System, to simplify apheresis procedures and to improve safety in the process.
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