Rising incidence of hematological disorders has led to growth in demand for platelets and plasma products for efficient treatment and improvement in survival rates. The apheresis equipment market is expected to be driven by growth in incidence of blood disorders and technological innovations in nature and efficiency of apheresis equipment. Researchers, healthcare practitioners and device manufacturers worldwide are hence introducing solutions that demand minimum human intervention and allow agility to apheresis process.

For the purpose of this study, the global apheresis equipment market studied for product type, application, technology, procedure type and geographical distribution. Based on product types, this market is categorized into apheresis device and disposable kits segments. Membrane filtration and centrifugation are the two technologies adopted for performing apheresis. Apheresis finds major adoption in renal, neurology, hematology and other such applications. Based on procedure types, the global apheresis market is segmented into major procedures, namely, plasmapheresis, LDL-apheresis, plateletpheresis, leukapheresis, photophereis, erythrocytapheresis and others. Market size and forecast for each such mentioned segment for the period 2018-2029 along with respective  CAGR for the period 2021-2029 are provided in this study, while analyzing the major market developments, commercial events, product positioning and movements by market players.

Market size and forecast for these regional and country level markets are presented in this study for the period 2018-2029. Market growth rates for the forecast period 2021-2029 are also included in this report, considering 2020 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global apheresis equipment market. Tools such as market positioning of key players, Porter’s five forces analysis and attractive investment proposition provide the readers with insights on the competitive scenario of the global apheresis equipment market. This report concludes with company profiles section that highlights major information about the key players engaged in development, manufacture and sales of apheresis equipment market.

Plasmapheresis accounts for the largest share of the apheresis equipment market. This procedure is used to segregate plasma from other blood cells. Growing demand for plasma products is the most significant driver for the progress of plasmapheresis market. Plasmapheresis procedure for first developed by Grifols in 1951. Bleeding and clotting disorders, cardiovascular diseases, and burn injuries are chief application areas of plasmapheresis. Drugs based on plasma products are also administered to patients with compromised or weak immune system. Growing incidence of hematological disorders is perpetually growing, thus giving rise to demand for plasma products, thus acting as a primary growth driver.  Extracorporeal photopheresis, or photopheresis is a form of leukapheresis with an additional stage of photo-treatment. Photopheresis is approved by the FDA for treatment of cutaneous T-cell lymphoma and is also used for treating solid organ transplant rejection, type 1 diabetes, scleroderma, lichen planus, atopic dermatitis and pemphigus vulgaris. On the ground of growing prevalence of these diseases, the demand for both open and closes photopheresis systems is on the rise, and this growth will be witnessed through the forecast period.

Moreover, membrane filtration and centrifugation are the two technologies used for performing apheresis procedure.

Apheresis disposable kits is the largest segment in the total apheresis equipment market. High purchase rate of disposable kits due to high usage volume, coupled with ever growing demand for apheresis procedures drive the growth of this segment. Filters, tubes, and other such products constitute the assembly of disposable kits. In order to curb the risk of infection, single use products are in high demand, where single cycle procedures consume multiple disposable parts. Such intensive consumption of disposables is responsible for larger revenue and volume share of disposable kits segment. The currently available apheresis devices constitute collection system, separator unit and data management system and others. The modern apheresis machines allow quick turnaround and safety from infections. The demand for apheresis devices is burgeoning in emerging markets of Asia Pacific and Latin America due to rapid development of healthcare infrastructure and growing demand for apheresis procedure.

Apheresis procedures find major application in hematology, renal, neurology and other treatment areas.

Neurology is the largest segment for apheresis equipment. Increasing prevalence of neurological diseases such as myasthenia gravis and multiple sclerosis is a chief factor contributing to the dominance of this segment. Perpetual widening application of apheresis and growth in R&D efforts aimed at introducing novel products in the market will further boost the market growth. Therapeutic plasma exchange is a crucial treatment for treating myasthenia gravis, Guillain-Barre syndrome, multiple sclerosis or chronic inflammatory demyelinating polyneuropathy. Increasing prevalence of such diseases and proven efficiency of apheresis in treating such conditions is a major driver of this application segment. The burden of sickle cell disease is phenomenally high. Red blood cell transfusion is used as an ideal treatment for sickle cell disease, which is a sub-type of therapeutic hemapheresis. Therapeutic plasma exchange, leukapheresis, photopheresis, plateletpheresis are also becoming popular for treating hematological diseases.

North America holds over 45% of the global apheresis equipment market in 2020. Well-developed healthcare infrastructure, high awareness between both patients and care-givers and favorable reimbursement are the key drivers of this market. Centrifugation apheresis technology is anticipated to be in high demand in North America market during the forecast period. Increasing incidence of hematological and neurological disorders in Europe that demand apheresis procedure for treatment will drive the European apheresis equipment market. Additionally, Asia Pacific is anticipated to be the fastest progressing market for apheresis equipment during the forecast period. Increasing prevalence of blood disorders that demand treatment with platelets and plasma products in emerging markets of China, Japan, Australia, Korea and India is a key market driver of Asia Pacific market. Rapid development of healthcare infrastructure, and improving awareness in the general population will additionally contribute to demand for apheresis and hence apheresis equipment in the region.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Apheresis Equipment market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Apheresis Equipment market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Apheresis Equipment market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Apheresis Equipment market?
• Which is the largest regional market for Apheresis Equipment market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Apheresis Equipment market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Apheresis Equipment market worldwide?