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The apheresis devices market size is valued to increase by USD 1.59 billion, at a CAGR of 8.45% from 2023 to 2028. Growth in new indications for plasma products will drive the apheresis devices market.
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Apheresis devices are essential components of perfusion systems used in extracorporeal treatments, including leukapheresis procedures for hematopoietic stem cell collection and plasmapheresis for immunoglobulin purification. Membrane filtration technology enhances donor safety protocols by reducing apheresis complications, while anticoagulation management ensures efficient blood volume monitoring and blood cell recovery. Centrifugal separation and plateletpheresis technology enable automated apheresis systems to streamline blood processing steps and improve ROI through increased throughput. Software integration facilitates data logging capabilities and apheresis data management for regulatory compliance and quality control metrics. Apheresis device automation and patient safety features contribute to system maintenance protocols, ensuring the highest standards of blood bag management and device sterilization. With a growing focus on therapeutic apheresis, the market for apheresis devices continues to expand, with adoption rates increasing by 15% year-over-year. Apheresis consumables and apheresis clinical trials further drive innovation in cell separation techniques and blood component separation.
The significant expansion in the application areas for plasma products serves as the primary market growth catalyst.
The market is experiencing significant developments as the industry trend. Advancements continually shape the apheresis devices sector.
The high costs associated with apheresis devices and procedures represent a significant challenge to the industry's growth, as these expenses can significantly impact profitability and limit access to these important medical treatments for some patients.
The apheresis devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The systems segment is estimated to witness significant growth during the forecast period.
The market encompasses advanced systems designed for the separation and collection of specific blood components, including plasma, platelets, red blood cells, and white blood cells. Centrifugation and filtration technologies are predominantly used in these systems, which consist of centrifuges, filters, optical sensors, and pumps. Integration of automated procedure programming in apheresis systems ensures accurate blood volume management and reduces overdraws or underdraws, enhancing patient safety and procedure efficacy. Apheresis systems are integral to extracorporeal treatment, donor safety protocols, and therapeutic applications, such as hematopoietic stem cell collection and immunoglobulin purification.
The Systems segment was valued at USD 1.56 billion in 2018 and showed a gradual increase during the forecast period.
The market witnesses continuous advancements in apheresis device automation, anticoagulation management, and device sterilization. For instance, automated apheresis systems have improved blood cell recovery by up to 95%, ensuring optimal blood processing steps and data logging capabilities for regulatory compliance.
North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth, particularly in North America, which accounts for a substantial market share. Fueled by the rising prevalence of cardiovascular diseases (CVDs) and neurological disorders, the region's market expansion is driven by an increasing number of surgical procedures, growing awareness among healthcare professionals, and escalating healthcare expenditure. Furthermore, advanced medical devices and the presence of prominent companies are key contributors to the market's growth. According to the American Heart Association, approximately 91.1 million adults in the United States have one or more types of CVDs.
Apheresis procedures offer operational efficiency gains through cost reduction and compliance with stringent regulatory requirements, making them increasingly popular in healthcare settings. This technological advancement is expected to continue driving market growth in North America.
Customer Landscape of Apheresis Devices Industry
Companies are implementing various strategies, such as strategic alliances, apheresis devices market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Asahi Kasei Corp. - The company specializes in manufacturing and supplying apheresis devices, including Plasmaflo OP, Cascadeflo EC, IMMUSORBA TR, IMMUSORBA PH, PLASORBA BR, CUREFLO, and others.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Apheresis Devices Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.45% |
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Market growth 2024-2028 |
USD 1.59 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.22 |
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Key countries |
US, Canada, Germany, UK, and China |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
The market is witnessing significant growth due to the increasing demand for advanced leukapheresis systems that ensure high cell collection efficiency and optimized red blood cell recovery rates. Automation in plateletpheresis devices is a key trend, with manufacturers focusing on developing systems with higher automation levels to streamline procedures and reduce human error. Contamination control is another critical factor driving market growth, with manufacturers prioritizing safety mechanisms to prevent system contamination during plasmapheresis treatments. These mechanisms include advanced filtration systems, closed systems, and stringent validation protocols for the immunoglobulin purification process. Therapeutic apheresis treatment protocols require precise optimization of various parameters, including blood volume monitoring accuracy and automated cell counting system precision. Patient blood safety during procedures is paramount, and apheresis systems must comply with strict regulatory requirements. Single-use apheresis systems offer numerous benefits, including reduced contamination risk and streamlined disposal processes. Closed systems, in particular, are gaining popularity due to their lower contamination risk and ease of use. However, the cost-effectiveness of disposable components is a concern, and manufacturers must balance the benefits of single-use systems against the costs. Apheresis device maintenance guidelines are essential to ensure optimal system performance and prolong their lifespan. Perfusion system flow rate optimization is critical to maintain system efficiency and reduce downtime. Apheresis data management systems must be integrated into hospital workflows to facilitate seamless data transfer and analysis. Apheresis system software validation is a crucial aspect of operational planning and supply chain management, with manufacturers investing in robust validation processes to ensure system reliability and regulatory compliance. The market for apheresis devices is expected to grow at a steady pace, with increasing demand for advanced systems that offer improved efficiency, safety, and cost-effectiveness.
What is the expected growth of the Apheresis Devices Market between 2024 and 2028?
USD 1.59 billion, at a CAGR of 8.45%
What segmentation does the market report cover?
The report is segmented by Product (Systems and Consumables), Application (Neurological disorders, Haematological disorders, Renal disorders, and Autoimmune disorders), and Geography (North America, Europe, Asia, and Rest of World (ROW))
Which regions are analyzed in the report?
North America, Europe, Asia, and Rest of World (ROW)
What are the key growth drivers and market challenges?
Growth in new indications for plasma products, High costs associated with apheresis devices and procedures
Who are the major players in the Apheresis Devices Market?
Asahi Kasei Corp., B.Braun SE, BioIVT LLC, Braun and Co. Ltd., Charles River Laboratories International Inc., Fresenius Medical Care AG and Co. KGaA, Haemonetics Corp., Haier Smart Home Co. Ltd., Kaneka Corp., Lmb Technologie GmbH, Mallinckrodt Plc, Medica S.p.A., MICRO TECHNOLOGIES, Miltenyi Biotec B.V. and Co. KG, Nikkiso Co. Ltd., OTSUKA ELECTRONICS CO. LTD, Kawasumi Laboratories Inc., Terumo Corp., and Cerus Corp.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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