Global Apheresis Market to Register 8.31% CAGR Facilitated by Increasing Incidence of Hematologic Diseases
Inkwood Research estimates that the Global Apheresis Market is predicted to project a CAGR of 8.31% in terms of revenue during the forecasting years of 2021-2028.
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Apheresis is characterized as a medical procedure involving
the removal of whole blood from a patient or donor, followed by the separation
of blood into different components such as plasma, platelets, red blood cells,
and white blood cells, in order to extract a particular component. The residual
blood components are then re-introduced into the bloodstream.
Rising
Incidence of Hematologic Diseases to Drive Market Growth
Blood-related diseases impact one or more parts of the body
as well as overall health. While several blood conditions are caused by certain
genes, common blood diseases include hemophilia, anemia, von Willebrand disease
(VWD), blood cancers like leukemia-lymphoma, and myeloma, among others. The upsurge
in the number of such conditions necessitates the demand for blood transfusions,
anticipated to increase the need for apheresis equipment.
According to the National Heart, Lung, and Blood Institute,
anemia, a common blood disorder, affects over 3 million Americans. For
instance, as per the Centers for Diseases Control and Prevention (2017), nearly
5,382 fatalities were accredited to the incidence of anemia across the United
States. As a result, the growing numbers of hematologic diseases are set to
fuel the global market’s growth.
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Centrifugation
is the Fastest-Growing Technology
Centrifugation is used to separate plasma and/or other blood
components from the whole blood in order to deplete or exchange the components
or plasma. Also, the technology is the gold standard method often applied
during apheresis. Typical centrifugation entails an automated continuous-flow
system, constituting a disposable apheresis kit as well as a centrifuge, an
instrument used for separating blood components. The separation in
centrifugation is predominantly based upon the cellular size of the blood
components or specific gravity.
Asia-Pacific
to be the Leading Region over the Forecasting Years
The increasing numbers of government initiatives, the rising
awareness associated with healthcare, and blood donation camps, are among the
crucial aspects credited to the market growth. Moreover, with the surging cases
of accidents and diseases, in addition to technological advancements, the
market studied is set to bolster during the estimated period.
Multiple establishments are adopting technologically
advanced products and innovative technologies. Furthermore, owing to the COVID-19
pandemic, the demand for apheresis systems has considerably increased, thereby
propelling the market growth. Hence, the intensity of competitive rivalry is expected
to be high over the forecasted period. Leading companies operating in the
market are Kaneka Corporation, B Braun Melsungen AG, Asahi Kasei Corporation, Baxter
International Inc, etc.
About Inkwood Research
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relevant fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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