Apheresis Equipment MarketSize and Trends
The Global Apheresis Equipment Market is expected to reach US$ 8.11 Bn by 2030, from US$ 3.85 Bn in 2023, exhibiting a CAGR of 11.2% during the forecast period.
Apheresis is a medical technology that involves separating different components of blood ex vivo for different therapeutic purposes. The main products in the apheresis equipment market are apheresis machines and disposable apheresis kits. Apheresis machines are advanced automated blood component separators that separate desired components from whole blood based on centrifugal force or membrane filtration. The two major types of apheresis machines are centrifugation equipment and membrane separation equipment. Centrifugation equipment uses centrifugal force to separate components based on their density, while membrane separation uses a semi permeable filter to separate components based on molecular weight.
The global apheresis equipment market is segmented based on equipment type, technology type, procedure type, application, and region. By equipment type, the disposable apheresis kits segment accounted for the largest market share in 2022. The high share of this segment can be attributed to the continuous approvals of new products.
Global Apheresis Equipment Market - Trends
- Increasing adoption of disposable apheresis kits: The increasing adoption of disposable apheresis kits is having a significant impact on the global apheresis equipment market. With disposable kits, the process of blood collection has become more convenient and efficient. Traditionally, apheresis machines used durable hardware that required sterilization between each donation session. This made the process more complex and time-consuming.
- Rising demand for therapeutic plasma exchange procedures: The increasing demand for therapeutic plasma exchange procedures is having a significant impact on the global apheresis equipment market. Plasma exchange therapy is used extensively to treat various autoimmune disorders such as Guillain-Barre syndrome, myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, and TTP. It helps remove pathogenic autoantibodies or immunoglobulins from circulating blood which are responsible for these conditions.
- Growth in the number of community blood donation centers: The growth in the number of community blood donation centers is positively impacting the global apheresis equipment market. As more community blood donation centers are being established across the world by governments and non-profit organizations to ensure adequate availability of blood for transfusion needs, there is an increasing demand for modern apheresis equipment at these centers.
Global Apheresis Equipment Market - Recent Developments
Key Developments
- On May 25, 2023, Terumo Corporation a medical device company launched the first training program of its kind to help cell and gene therapy manufacturers improve their cell collection processes and accelerate the commercialization of therapeutics. This new program trains the participants in apheresis.
- In January 2020, Fresenius Kabi AG a pharmaceutical company inaugurated the US$ 32.2 Mn (€30 Mn) expansion of transfusion and apheresis disposables plant in Dominican Republic. This plant expansion will strengthen the company’s role as a major global exporter of apheresis and plasma collection sets.