Apheresis Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Apheresis Equipment Market Forecast to 2028 - Global Analysis by Product (Apheresis Machine and Disposable Apheresis Kits), Technology (Membrane Separation and Centrifugation), Procedure (Erythrocytapheresis, LDL-Apheresis, Leukapheresis, Photopheresis, Plasmapheresis, and Plateletpheresis), Therapeutic Area (Renal Diseases, Hematology, Neurology, and Other Applications), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Blood Donation Centers), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPHE100001288
  • Category : Medical Device
  • No. of Pages : 179
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The global apheresis equipment market is expected to grow from US$ 2,294.11 million in 2021 to US$ 3,854.77 million in 2028; it is estimated to grow with a CAGR of 8.0% from 2022 to 2031.

Apheresis is a process in which blood is temporarily removed from the donor’s body and separated into various components such as plasma, platelets, red blood cells, and white blood cells by centrifugation or membrane separation process, depending on the components to be separated. Apheresis removes the impurities and abnormal components in the blood; hence, it is preferred for curing or controlling diseases. The apheresis equipment market is attributed to increasing number of voluntary blood donors, rising incidence of hematologic diseases, and growing geriatric population. However, the factors such as high cost of apheresis equipment and complications associated with apheresis procedure are hampering the market growth. However, the rising usage of the apheresis technique in emerging economies is likely to provide a lucrative opportunity for the market growth.

The apheresis equipment market is segmented on the basis of product, technology, procedure, therapeutic area, end user, and geography. The report offers insights and in-depth analysis of the apheresis equipment market, emphasizing various parameters such as market trends, technological advancements, and market dynamics, as well as the competitive landscape analysis of leading market players.

Strategic Insights

Market Insights

Rising Number of Voluntary Blood Donors to Bolster Apheresis Equipment Market in Coming Years

Blood transfusion helps to save and improve the lives of people. Various medical advancements improved the treatment of serious illnesses and injuries and have increased the need for blood transfusion for patients’ survival and maintenance of the patients’ health. The awareness about the importance of blood transfusion in healthcare has increased among the population across the globe, which has led to a rise in the number of people willing to donate their blood for medical purposes. The World Health Organization (WHO) reports that 117.4 million blood donations were collected worldwide in 2018. Moreover, the blood donors are usually categorized into voluntary unpaid, paid, and family/replacement. The WHO estimates stated that a reliable and adequate supply of blood was collected from voluntary/unpaid donors.

The trend of blood donors is also significantly visible among low- and middle-income countries. For instance, there has been an increase of 11.6 million blood donations of voluntary unpaid donors from 2008 to 2015 among 139 countries across the globe, as per the World Health Organization 2019. According to the data from CAG annual meeting in 2017, approximately 13,000 procedures were performed on 1,087 patients in 2016. The highest surge in the number of voluntary blood donors has been found across South-East Asian countries and the US, i.e., 83% and 70%, respectively.

In addition, government-based national blood transfusion programs that are developed and employed in most countries across the globe are likely to increase the number of platelet and blood donors. For instance, in India, the National Blood Transfusion Council (NBTC) was constituted within National AIDS Control Organization (NACO); similarly, State Blood Transfusion Councils (SBTCs) were established within State AIDS Control Societies (SACS). Thus, the rising number of eligible donors across the globe is expected to fuel the need for apheresis equipment that is majorly used to separate the components of the blood required for various medical needs.

Product-Based Insights

Based on product, the global apheresis equipment market is bifurcated into disposable apheresis kits and apheresis machine. The disposable apheresis kits segment held a larger share of the market in 2021, and it is also anticipated to register a higher CAGR in the market during the forecast period, owing to the increased usage of these kits in apheresis procedures.

Technology-Based Insights

Based on technology, the global apheresis equipment market is bifurcated into centrifugation and membrane separation. In 2021, the membrane separation segment held a larger share of the market, and it is also expected to grow at the fastest rate during the coming years owing to the precise separation of the desired components from the whole blood solution.

Procedure-Based Insights

Based on procedure, the global apheresis equipment market is segmented into plasmapheresis, photopheresis, erythrocytapheresis, leukapheresis, plateletpheresis, and LDL-apheresis. In 2021, the plasmapheresis segment held the largest share of the market. Moreover, the LDL-apheresis segment is also expected to grow at the fastest rate during the coming years.

Therapeutic Area-Based Insights

Based on therapeutic area, the global apheresis equipment market is segmented into hematology, renal diseases, neurology, and other therapeutic areas. In 2021, the hematology segment held the largest share of the market, and it is also expected to grow at the fastest rate during the coming years.

End User-Based Insights

Based on end user, the global apheresis equipment market is segmented into blood banks/ blood donation centers, hospitals & clinics, and ambulatory surgical centers. In 2021, the hospitals & clinics segment held the largest share of the market, and it is also expected to grow at the highest CAGR during 2022 to 2031.

Based on geography, the global apheresis equipment market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. The North America global apheresis equipment market held the largest share of the market in 2021. The US dominated the North America apheresis equipment market. The market growth in the country is expected to grow at the highest CAGR due to a rising number of apheresis procedures, along with apheresis centers, and growing access to well-developed healthcare infrastructure.

The Canada apheresis equipment market is likely to grow due to the rising number of plasma exchange procedures and neurology apheresis procedures across the country. Also, the apheresis equipment market in Mexico is likely to experience growth opportunities due to the rise in the development of the healthcare system.

By geography, the apheresis equipment market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

Company Profiles

The apheresis equipment market majorly consists of the players such Medica SPA; Terumo Corporation; B. Braun Melsungen AG; Fresenius Medical Care AG & Co. KGaA; Asahi Kasei Corporation; Haemonetics Corporation; HemaCare Corporation; KANEKA MEDIX CORPORATION;, Kawasumi Laboratories, Inc.; and medicap clinic GmbH among the others.

REGIONAL FRAMEWORK

Apheresis Equipment Market Report Analysis

Apheresis Equipment Market

  • CAGR (2023 - 2031)
    8.00%
  • Market Size 2023
    US$ 2.68 Billion
  • Market Size 2031
    US$ 4.95 Billion

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Medica SPA
  • Terumo Corporation
  • B. Braun Melsungen AG
  • Fresenius Medical Care AG & Co. KGaA
  • Asahi Kasei Corporation
  • Haemonetics Corporation,
  • HemaCare Corporation
  • Kaneka Medix Corporation
  • Kawasumi Laboratories, Inc.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Product
  • Apheresis Machine and Disposable Apheresis Kits
By Technology
  • Membrane Separation and Centrifugation
By Procedure
  • Erythrocytapheresis
  • LDL-Apheresis
  • Leukapheresis
  • Photopheresis
  • Plasmapheresis
  • Plateletpheresis
By Therapeutic Area
  • Renal Diseases
  • Hematology
  • Neurology
  • Other Applications
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Apheresis Equipment Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.68 Billion
Market Size by 2031 US$ 4.95 Billion
Global CAGR (2023 - 2031) 8.00%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product
  • Apheresis Machine and Disposable Apheresis Kits
By Technology
  • Membrane Separation and Centrifugation
By Procedure
  • Erythrocytapheresis
  • LDL-Apheresis
  • Leukapheresis
  • Photopheresis
  • Plasmapheresis
  • Plateletpheresis
By Therapeutic Area
  • Renal Diseases
  • Hematology
  • Neurology
  • Other Applications
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Medica SPA
  • Terumo Corporation
  • B. Braun Melsungen AG
  • Fresenius Medical Care AG & Co. KGaA
  • Asahi Kasei Corporation
  • Haemonetics Corporation,
  • HemaCare Corporation
  • Kaneka Medix Corporation
  • Kawasumi Laboratories, Inc.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Product, Technology, Procedure, Therapeutic Area, and End User

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What are the major factors expected to limit the growth of the apheresis equipment market?

    High price of apheresis instruments and complications related to apheresis are the main issues preventing the market growth.

    What are the drivers for the apheresis equipment market?

    The growth of the worldwide apheresis instrument market is ascribed to the rising range of voluntary blood donors, increasing incidence of hematological diseases and increasing geriatric population.

    How apheresis equipment works to process blood?

    The apheresis instrumental separates blood elements by utilizing centrifugation or membrane separation, betting on the elements to be separated.

    What is apheresis?

    Apheresis is a method within which blood is temporarily removed from the donor’s body and separated into numerous elements like plasma, platelets, red blood cells further as white blood cells, by centrifugation or membrane separation process. The impurities and unusual elements within the blood are removed by the method of apheresis.

    The List of Companies

    1. Medica SPA
    2. Terumo Corporation
    3. B. Braun Melsungen AG
    4. Fresenius Medical Care AG & Co. KGaA
    5. Asahi Kasei Corporation
    6. Haemonetics Corporation,
    7. HemaCare Corporation
    8. Kaneka Medix Corporation
    9. Kawasumi Laboratories, Inc.
    10. Medicap Clinic GmbH

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. Data Collection and Secondary Research:

    As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

    The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

    For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

    A typical research interview fulfils the following functions:

    • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
    • Validates and strengthens in-house secondary research findings
    • Develops the analysis team’s expertise and market understanding

    Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

    • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
    • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

    1. Data Analysis:

    Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

    • 3.1 Macro-Economic Factor Analysis:

    We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

    • 3.2 Country Level Data:

    Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

    • 3.3 Company Profile:

    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

    • 3.4 Developing Base Number:

    Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

    1. Data Triangulation and Final Review:

    The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

    We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

    We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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