Description
The global apheresis machines market size is estimated to be USD 3.12 billion in 2020 and reach USD 5.89 billion in 2027, registering a CAGR of 10.76% for 2021-2027. These machines help with controlling the volumes or doses of components, better inventory control, and better quality control due to less manipulation of the individual components. The rising demand for plateletpheresis application in apheresis procedures is expected to push the demand for apheresis machines over the forecasted period.
Factors to Impact Global Apheresis Machines Market over Forecast Period:
- Apheresis plays a crucial role in the treatment of cancer patients, which remains the key factor driving the market's growth.
- The rising demand for blood derivatives is also an important factor expected to drive the apheresis machines market growth.
- A notable increase in the rate of blood-related disorders over the recent past, particularly in developed economies, is projected to account for measurable demand generation.
- Technological advancements in apheresis machines will also contribute to expanding the global apheresis machines market during the forecast period.
- Lack of donor availability and histocompatibility stands as a major challenge to rapid market growth.
- Apheresis devices are risky to operate and cost a premium when purchased for apheresis therapy, highlighting the key challenges facing the apheresis market players.
- Apheresis procedures are widely used in treating multiple sclerosis relapses, which is expected to sustain sales in the global market.
- Favorable government initiatives regarding the healthcare and medical industry are likely to benefit the performance of the apheresis market during the forecast period.
Impact of COVID-19 on Apheresis Machines Market:
The COVID-19 pandemic has turned the healthcare and medical industry upside down. However, the arrival of the pandemic also triggered the emergency approval of apheresis machines. While the apheresis machines market initially suffered a huge loss in revenue generation and sales growth, the pandemic also affected operational activities of the apheresis market, including import and export services, due to the temporary shutdown of various key companies.
Scope of the Report
The report outlines the global apheresis machines market study based on type, application, and end-user.
Based on type, the apheresis machines market has been segmented into –
- Donor Apheresis
- Therapeutic Apheresis
Based on application, the apheresis machines market has been segmented into -
- Plasmapheresis
- Plateletpheresis
Based on end user, the apheresis machines market has been segmented into -
- Hospitals
- Blood Collection Centers
- Others
Apheresis Machines Market: Regional Outlook
The global apheresis machines market has been segmented into five geographical regions: North America, Asia Pacific, South America, Europe, and the Middle East and Africa. In 2020, North America held the largest market share in the apheresis machines, followed by the Asia Pacific. Moreover, Europe is projected to be the fastest-growing market and is thus expected to project the highest CAGR in the global apheresis machines market over the forecast period.
Key Global Apheresis Machines Market Competitors Includes –
The global apheresis machines are highly fragmented, with a large number of players across the globe. The key players operating in the global apheresis machines market include –
- Terumo BCT, Inc.
- Kaneka Corporation
- Asahi Kasei Medical Co., Ltd.
- B. brauna Melsungen AG
- Kawasumi Laboratories Inc.
- Cerus Corporation
- Fresenius Kabi
- Nikkiso Co., Ltd.
- Haemonetics Corporation
- HemaCare Corporation.
Apheresis machines market report provides a thorough analysis of macro-economic factors and the market attractiveness of every segment. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players in the respective segment and region/country. The information concluded in the report includes the inputs from primary interview respondents and survey.
Apheresis Machines Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter's Five Forces & Value Chain Analysis
- Developed & Emerging Economies Analysis
- PEST Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Apheresis Machines Market Regional Analysis Includes:
- North America (US, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA
Apheresis Machines Market: Target Audience
- Apheresis machines manufacturers
- Apheresis manufacturers, distributors, and suppliers
- End Users (Hospital, Medical centers, Clinical Institutes)
- Investment banks and private firms
- Government Bodies & Regulating Authorities
Key Issues Addressed
- What is the market size by various segmentation of the apheresis machines by region and its respective countries?
- What are the customer buying behavior, key takeaways, and Porter's 5 forces of the apheresis machines market?
- What are the key opportunities and trends for manufacturers involved in the apheresis machines supply chain?
- What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
- What and how regulations, schemes, patents, and policies are impacting the growth of the market?
- What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
- What will be the impact of cutting-edge technology on the apheresis machines market?
- How has COVID-19 impacted the demand and sales of apheresis machines in the global market? Also, the expected BPS drop or rise count of the market and market expected recovery period
- Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.
What is the size of the global apheresis machines market? The global apheresis machines market size is estimated to be USD 3.12 billion in 2020 and reach USD 5.89 billion in 2027, during the forecast period 2021-2027. What is the apheresis machines market growth rate? The global apheresis machines market size is estimated reach a CAGR of 10.76% during the forecast period 2021-2027. Which region accounted for the largest apheresis machines market share? In 2020, North America held the largest market share in the apheresis machines, followed by the Asia Pacific. Who are the key players in the apheresis machines market? The key players operating in the global apheresis machines market include Terumo BCT, Inc., Kaneka Corporation, Asahi Kasei Medical Co., Ltd., B. brauna Melsungen AG, Kawasumi Laboratories Inc., Cerus Corporation, Fresenius Kabi, Nikkiso Co., Ltd., Haemonetics Corporation, HemaCare Corporation. What are the factors driving the market of apheresis machines? Key factors that are driving the apheresis machines market growth include treatment of cancer patients, rising demand for blood derivatives, increase in the rate of blood-related disorders, technological advancements in apheresis machines, and the government initiatives regarding the healthcare and medical industry will increase the demand for apheresis machines during the forecast period.