FMI Analyzes Impact of COVID-19 on Therapeutic Apheresis Market; Stakeholders to Focus on Long-term Dimensions

Therapeutic apheresis is a procedure of the removal of a blood component from a patient using the apheresis technology. Therapeutic apheresis is used for the purpose of removing defective cells. Therapeutic apheresis is also used for the treatment of conditions in which a component or a pathogenic substance in the blood causes morbidity.  Basically there are three types of therapeutic apheresis procedure used, namely therapeutic plasma exchange (TPE), red blood cell exchange (RBCX) and cellular depletions. TPE is the removal of large volume of patient plasma and replacement of the plasma with appropriate fluids. TPE is commonly used for the treatment of autoimmune diseases or immune mediated diseases or disorders. TPE removes monoclonal antibiotics, paraproteins, autoimmune antibodies and antigen-antibody complexes. Therapeutic apheresis selectively removes the substantial proportion of one or more components causing diseases.

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Therapeutic Apheresis Market: Drivers and Restraints

Increasing use of therapeutic apheresis in the treatment of cancer will increase the growth of the global therapeutic apheresis market. In addition, increasing prevalence of chronic disorders and geriatric population will also increase the growth of the global therapeutic apheresis market.  Rise in healthcare expenditure will further boost the global therapeutic apheresis market. However, the lack of awareness and high cost of the procedures hampers the growth of the global therapeutic apheresis market.

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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