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17-May-2024

Apheresis Market: Anticipated to Reach a Milestone of $5.3 billion by the Year 2031

Allied Market Research (AMR) has released a comprehensive report on the global Apheresis Market. According to the report, the industry is estimated to reach a value of $5.3 billion by 2031, having contributed to a value of $2.4 billion in 2021, exhibiting a notable CAGR of 8.3% throughout the forecast period (2021-2030). This report provides detailed information on the top market segments, key dynamics, growth perspectives, regional analysis, and business outlook.

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Key Highlights

  • Based on product, the global apheresis industry is fragmented into software, disposable and reagents, and devices.
  • The disposable and reagents segment accounted for the largest share in 2021. Moreover, it is expected to witness the fastest CAGR over the projection period.
  • By region, Asia-Pacific is expected to show the fastest CAGR during the forecast period.

Key Factors Driving the Growth of the Apheresis Market

The growth of the apheresis market is driven by several factors, including the rising demand for blood components worldwide, and increased government initiatives to encourage blood donation. In addition, newly authorized uses for apheresis therapy, such as acute disseminated encephalomyelitis, autoimmune hemolytic anemia, and cardiac neonatal lupus, further drive market growth.

Moreover, the increasing use of plasma donation in treating burn injuries, trauma patients, and individuals with serious disorders also contributes to market growth. Furthermore, convalescent plasma therapy for COVID-19 patients has emerged as a significant application during the pandemic. However, advancements in the healthcare industry in developing countries present lucrative opportunities for key players in the apheresis industry.

Market Segmentation

The report provides insights into market segments and highlights their future developments that are affecting global economic growth. This enables clients to gain a deeper understanding and form well-informed opinions on the market.

By Product

  • Disposable and Reagents

Disposable components in apheresis, such as tubing sets and filters, are important for maintaining sterility and safety by preventing the spread of infections. Reagents, including anticoagulants, help with the blood processing. These components are essential in the apheresis industry for effective and reliable treatments.

  • Software

Software plays a crucial role in the apheresis industry, as it is necessary for controlling equipment, monitoring patients, and managing data. The software helps in maintaining accurate treatment parameters, providing real-time feedback on patient status, and keeping detailed records for compliance and analysis, thus improving the efficiency and safety of therapeutic procedures.

  • Devices

Devices such as centrifuges, apheresis machines, and leukapheresis machines are commonly used in the apheresis market. These instruments are essential for separating blood components for various therapeutic purposes, including plasma exchange, plateletpheresis, and red cell exchange.

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By Method

  • Centrifugation

Centrifugation is crucial in the apheresis industry as it separates blood components. This method allows for the isolation of elements such as platelets or plasma, which are utilized in treatments for immune disorders and cancer.

  • Membrane Separation

Membrane separation plays a crucial role in medical apheresis procedures. This technique involves using specialized membranes that permit specific substances to pass through while blocking others. By selectively removing specific components such as plasma or blood cells from the bloodstream, apheresis offers a precise method for treating various medical conditions.

  • Selective Adsorption

Selective adsorption is the targeted removal of specific substances from a patient’s blood, such as toxins or infective agents, using specialized adsorbent materials. This method enables precise treatments tailored to each patient’s requirements.

By Procedure

  • Donor/Automated Apheresis

Donor/automated apheresis is a medical process in which blood is taken from a donor’s arm, and separated into its different parts, and specific components such as platelets or plasma are collected, while the remaining blood is returned to the donor. This procedure is effective for gathering specific blood components.

  • Therapeutic Apheresis

Therapeutic apheresis is a medical procedure that involves extracting blood from a patient, separating its components (such as plasma or cells), and returning the necessary components into the patient’s bloodstream. This technique is utilized to treat various conditions including autoimmune diseases and high cholesterol.

By End User

  • Blood Centers

Blood centers are essential in gathering, handling, and distributing blood components for transfusion therapy, serving as core facilities in meeting the need for blood products and supporting healthcare systems worldwide.

  • Hospitals

Hospitals with apheresis departments specialize in extracting specific blood components, including platelets or plasma, for medical treatment. These facilities use advanced technology and skilled medical professionals to perform apheresis procedures, which are crucial for treating various health issues such as immune disorders and leukemia.

  • Other End Users

Other end users, such as research institutions, depend on apheresis technology to separate blood components for various therapeutic and diagnostic purposes. These include treating autoimmune diseases, collecting stem cells, and performing plasma exchange therapies.

Component

  • Plasma (Plasmapheresis): The liquid component of blood contains water, electrolytes, and proteins, crucial for clotting and immunity.
  • Platelets (Plateletpheresis): Small cell fragments assist in forming blood clots.
  • Leukocytes (Leukapheresis or Leukopheresis): White blood cells are essential for immune defense.
  • RBCs (Erythropheresis): Red blood cells carry oxygen to all parts of the body.
  • Lymphocytes (Lymphopheresis or Lymphapheresis): A specialized type of white blood cells important for immune response.

Regional Analysis

The global apheresis market is examined across major regions, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The market in North America held the major market share in 2021 and is expected to maintain its lead position throughout the forecast period. This is due to the early use of innovative apheresis systems and an increase in the prevalence of blood-related disorders in this area. Simultaneously, the Asia-Pacific region is estimated to showcase the fastest CAGR of 9.3% by 2031. This is because of the significant increase in population and the growth in the geriatric population (which are at risk of chronic injuries and diseases).

Latest Developments in the Apheresis Market

Therapeutic apheresis techniques

New developments in therapeutic apheresis techniques have been made for treating conditions such as autoimmune diseases, neurological disorders, and specific hematologic disorders. Researchers are constantly investigating further indications and enhancing existing protocols to ensure effectiveness and safety.

Enhanced automation and efficiency

Advancements in apheresis devices and systems are becoming more automated and efficient, resulting in faster and more precise processing of blood components. These enhancements give rise to shorter procedure durations, reduced labor needs, and improved patient satisfaction.

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Last Updated: 17-May-2024