The global apheresis machines market size was US$ 3.4 billion in 2021. The global apheresis machines market is forecast to grow to US$ 7.89 billion by 2030 by growing at a compound annual growth rate (CAGR) of 9.9% during the forecast period from 2022 to 2030.
Apheresis machines control the volumes or doses of components. Apheresis transfers donated blood into a single-use closed bag through a tubular system for storage. These machines offer enhanced inventory and quality control.
Factors Influencing the Market
The increasing demand for plateletpheresis applications is forecast to fuel the demand for apheresis machines. Furthermore, apheresis plays a crucial role in treating cancer. The growing prevalence of cancer is forecast to fuel the growth of the global apheresis machines market during the forecast period.
The growing demand for blood derivatives will propel the market forward in the coming years. In addition, rising cases of blood-related disorders, majorly in the developed economies, will surge the growth of the market.
The growing number of technological advancements in apheresis machines will benefit the global apheresis machines market in the coming years. In addition, the shortage of donors may restrict the global apheresis machines market from growth.
Apheresis procedures are widely performed for treating sclerosis relapses. As a result, it will boost the growth of the global apheresis machines market. In addition, government initiatives to improve the healthcare and medical sector will contribute to the global apheresis machines market growth.
COVID-19 Impact Analysis
The COVID-19 pandemic has drastically impacted the global apheresis machines market during the initial phase. The sudden onset of the pandemic mandated the need to look over health and hygiene. The pandemic also upsurged the demand for emergency approval of apheresis machines. However, the market suffered a huge loss in revenue generation due to a decline in the number of donors. It also impacted the import and export services. Thus, the global apheresis machines market witnessed significant challenges in maintaining manufacturing activities.
Regional Analysis
North America is forecast to dominate the global apheresis machines market in terms of revenue. The Asia-Pacific apheresis machines market is forecast to hold the second-largest share. The growth of these markets is attributed to the growing healthcare expenditure and favorable government policies. In addition, the demand for efficient treatments is increasing in these regions due to growing public awareness. The growing prevalence of cancer will also surge the demand for apheresis machines in the coming years.
Competitors in the Market
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
Other Prominent Players
Market Segmentation
The global apheresis machines market segmentation focuses on Type, Application, End-User, and Region.
Based on Type
Donor Apheresis
Therapeutic Apheresis
Based on Application
Plasmapheresis
Plateletpheresis
Based on End-User
Hospitals
Blood Collection Centers
Others
Based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America