Global apheresis equipment market expected to reach over US $2,500 million by 2019, says Technavio

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This market research report segments the global apheresis equipment market by technology (centrifugation and membrane filtration), by procedure (plasmapheresis, plateletpheresis, leukapheresis, erythrocytapheresis, and others), by product type (devices and disposables), and by geography (APAC, EMEA, and the Americas). The leading vendors in this market are Terumo BCT, Haemonetics, Fenwal, Asahi Kasei Medical, and Macopharma.

Technavio’s market research analysts estimate the global apheresis equipment market to grow at a CAGR of around 11% between 2015 and 2019. The augmented demand for plasma by biopharmaceutical companies are primarily driving this market’s growth. Plasmapheresis is the most commonly used apheresis procedure. It involves the removal of infected plasma from the whole blood using a device. This procedure is rapidly being adopted owing to its ability to effectively replace the infected plasma with a healthy substitute.

The new market research report from Technavio provides a breakdown and analysis of the apheresis equipment segments by technology.

“Vendors are focusing to develop innovative apheresis systems that are automated, patient-friendly, and provide accurate results. They are providing wide range of cell separators, especially next-generation blood cell separators that use microfiltration and centrifugation technologies to separate blood components. Advances in cell separator technology also allow control over the anticoagulant volume, provide the flexibility of changing blood volume, and collect blood from multiple donors in one sitting,” says Imran Mushtaq, Lead Analyst, Healthcare, Technavio Research.

The Americas dominate the global market for apheresis equipment owing to the presence of extensive sales and distribution network for vendors in the US region. Factors such as the growing demand for blood apheresis among the aging population and the presence of a well-established healthcare infrastructure are also expected to drive the prospects for growth in this market.

Centrifugation is the most used technology for apheresis in hospitals and blood collection centres. This segment dominates the apheresis equipment market in terms of revenue and accounts for close to 56% of the total market. This technology has gained popularity due to its ability to separate all blood components from a whole blood sample.

The key vendors in the global apheresis equipment market include Terumo BCT, Haemonetics, Fenwal, Asahi Kasei Medical, and Macopharma. This market is characterized by the presence of numerous local and multinational vendors. The adoption of various strategies like new product development by vendors and the recent increase in mergers and acquisitions are expected to aid vendors in cementing their position in this market.

A more detailed analysis is available in the Technavio report, Global Apheresis Equipment Market 2015-2019 – Market research study.

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