Plasmapheresis Market Projected to Reach $2.55 Billion by 2030


Posted May 14, 2024 by Pallavig

Embark on a journey through the evolving landscape of the plasmapheresis market, meticulously examining its key components: products, technologies, applications, and end users.

 
Meticulous Research®, a distinguished leader in global market research, has released its latest comprehensive report entitled, "Plasmapheresis Market by Product (Instruments, Disposables), Technology (Membrane Filtration, Centrifugation), Application (Therapeutic [Immunology, Neurology, Hematology], Plasma Collection), End User (Biopharma, Hospitals) - Global Forecast to 2030."

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The report projects a momentous trajectory for the plasmapheresis market, estimating a remarkable valuation of $2.55 billion by the year 2030. This growth is anticipated to unfold at a notable CAGR of 8.6% from 2023 to 2030. Key drivers underpinning this surge include the escalating incidence of autoimmune disorders, heightened demand for source plasma by biopharmaceutical enterprises, and the facilitative reimbursement frameworks governing plasmapheresis procedures. Moreover, burgeoning requirements for plasmapheresis in emerging economies are poised to unlock substantial avenues for market expansion.

Nonetheless, the market's ascent may face impedance due to the exorbitant costs associated with plasmapheresis equipment and procedures, alongside inherent procedural risks. Moreover, challenges such as limited awareness regarding plasmapheresis methodologies and constrained accessibility in certain regions loom as significant hurdles to market proliferation.

Future Outlook: The plasmapheresis market delineates its contours across product, technology, application, end user, and geographical dimensions. The report furnishes a meticulous appraisal of industry adversaries while dissecting country and regional-level market landscapes.

Product Segmentation: In 2023, the disposables segment is poised to dominate the market, attributed to the recurring usage of plasma separation filters and administration sets during plasmapheresis procedures.

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Technology Breakdown: The centrifugation segment is anticipated to hold sway in 2023, owing to its adeptness in swiftly segregating plasma from other blood constituents.

Application Dynamics: The source plasma collection segment is forecasted to commandeer a substantial market share in 2023, propelled by heightened demand from pharmaceutical and biotechnology entities, coupled with increased awareness regarding voluntary plasma donations.

End User Landscape: The source plasma collection sector is anticipated to reign supreme in 2023, fueled by escalating requisites for source plasma in the fabrication of plasma-derived products through plasma fractionation methodologies.

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Geographic Review: The report conducts a comprehensive scrutiny of major regions, encompassing North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, and Rest of Asia-Pacific), Latin America, and the Middle East & Africa. North America is primed to commandeer the lion's share of the plasmapheresis market in 2023, trailed by Europe and Asia-Pacific. North America's preeminence is underpinned by heightened cognizance regarding plasmapheresis's therapeutic applications, elevated prevalence of autoimmune maladies, robust adoption of cutting-edge technologies, and well-entrenched healthcare infrastructure.

Key Players: Foremost entities operating in the plasmapheresis market landscape include Asahi Kasei Corporation (Japan), Terumo Corporation (Japan), Baxter International Inc. (U.S.), B. Braun Melsungen AG (Germany), SB-Kawasumi Laboratories, Inc (Japan), Kaneka Corporation (Japan), Haemonetics Corporation (U.S.), Fresenius SE & Co. KGaA (Germany), Shanghai Dahua Medical Apparatus Co., Ltd. (China), and Infomed SA (Switzerland).

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Categories Business , Health , Medical
Tags plasmapheresis machines , plasmapheresis market , therapeutic plasma exchange systems
Last Updated May 14, 2024