The Apheresis Consumables And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Apheresis Consumables And Equipment Global Market Report 2024, The apheresis consumables and equipment market size has grown rapidly in recent years. It will grow from $2.96 billion in 2023 to $3.34 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to increasing prevalence of chronic diseases, rising patient awareness of apheresis procedures, growing demand for blood components, aging population.
The apheresis consumables and equipment market size is expected to see rapidly grown in the next few years. It will grow to $5.1 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to expanding use in cell therapy, emerging infectious diseases, personalized medicine, healthcare infrastructure development, increasing blood donations, rise in organ transplantation . Major trends in the forecast period include automation and robotics, therapeutic apheresis, remote apheresis services, portable apheresis equipment, automation and robotics.
The cases of blood disorders are on the rise globally, creating a need for blood transfusions. Apheresis Equipment helps to transfuse blood for blood disorders like sickle cell anemia, leukemia, and cancer. According to a report published by the Leukemia and Lymphoma Society, 60,300 people in the USA are expected to be diagnosed with leukemia, and one person is diagnosed with blood cancer every 3 minutes requiring an immediate blood transfusion. According to the American Society of Hematology, 100,000 Americans possess sickle cell Anemia and another 2 million people carry the trait requiring Apheresis Equipment for blood transfusion. According to the International Agency for Research on Cancer (IARC), by 2040, 16.3 million new cancer cases are expected to be reported worldwide. Cancer treatment requires at least 8 units of blood per patient per procedure, thus requiring blood component collection and blood transfusion. Thus, such a high prevalence of these blood disorders increases demand for apheresis consumables and equipment industry.
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The apheresis consumables and equipment market covered in this report is segmented –
1) By Product: Disposables, Devices
2) By Technology: Centrifugation, Membrane Filtration
3) By Procedure: Photopheresis, Plasmapheresis, LDL Apheresis, Plateletpheresis, Leukapheresis, Erythrocytapheresis, Other Procedures
4) By Application: Renal Disease, Neurology, Hematology, Other Applications
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The apheresis consumables and equipment market report table of contents includes:
1. Executive Summary
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