June 24, 2019
Global apheresis equipment market is predicted to accrue over US $5,351.17 by the year 2026, according to the latest research available at Market Study Report, report provides extensively data on market share, growth, trends and forecasts for the period 2017-2026.
An apheresis apparatus is a device used for collecting blood which is separated from a patient or donor’s body and splitting it into various constituents including red blood cells, white blood cells, plasma, and platelet. Based on the purpose of apheresis, one of these constituents is collected and isolated using the equipment, whereas the other components are returned to the body.
Increasing prevalence of blood-related diseases, leads to high demand for platelets and plasma, hence driving the global apheresis equipment market. The global market is further propelled by the technological advancements aimed at the delivery of quick and more effective results. Healthcare experts & researchers are currently in the need for instruments requiring negligible human involvement, and an establishment of fully automatic apheresis equipment, with enhanced displays. This would increase the usage rate of these equipment and further impel the market growth.
In terms of procedure type, the global apheresis equipment market can be fragmented into plateletpheresis, plasmapheresis, erythrocytapheresis, lymphopheresis, and leukapheresis. The plasmapheresis segment was reported to dominate the global market in the year 2017. Rising incidences of blood-related ailments, along with the burgeoning demand for plasma-derived drugs, are the key driving factors for growth in this segment, cites the report.
Based on the application spectrum, the global market is bifurcated into blood donation and therapeutic purpose. The therapeutic purpose application segment is further classified into renal, hematology, and other rare diseases. By end-user, the apheresis equipment market is categorized into clinics, hospitals, blood donation centers, and ambulatory surgical centers. Based on the findings of the report, the hospital segment was estimated to lead the global market in 2017.
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As per the geographical arena, the global apheresis equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market experts claim that North America is slated to dominate the apheresis equipment market globally. Regional contribution can be credited to the rising healthcare spending, presence of numerous market players, increasing research & development initiatives, and high donor awareness levels. The report further cites that the Asia Pacific region is anticipated to gain traction in the worldwide apheresis equipment market over the estimated period, on account of the ascending number of hematological ailments in the region.
The global apheresis equipment market is bestowed with a highly competitive market scenario, where each player is striving to expand its footprint. The renowned companies profiled in the report include Fresenius Kabi (Fenwal), Therakos Inc., B. Braun Melsungen AG, Haemonetics Corporation, Asahi Kasei Kuraray Medical Co. Ltd., HemaCare Corporation, and Terumo BCT Inc. among others.
The report also provides an in-depth analysis of the apheresis equipment market drivers, restraints, and opportunities over the forecast period. A detailed examination of the business sphere, in terms of industry trends, market dynamics, Porter's five forces, regional landscape, competitive ranking analysis, end-user landscape, and competitive vistas, has also been included in the report.