The global apheresis market size was US$ 2,415.3 million in 2021. The global apheresis market size is forecast to reach US$ 4775.4 million by 2030, growing at a compound annual growth rate (CAGR) of 8.9% during the forecast period from 2022 to 2030.
Apheresis is a medical technology that passes a person's blood through an apparatus that separates one particular constituent and returns the remainder to the circulation. Thus, it is an extracorporeal therapy. The primary use of apheresis is for collecting stem cells. The process of apheresis varies according to the substance removed. Centrifugation is the most common method for separation by density. In other methods, beads are coated with an absorbent material and filtered.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global apheresis market due to the vast application of plasma therapy in the remedy of COVID-19 infected patients. Furthermore, the US FDA granted emergency use authorization (EUA) for convalescent plasma (CCP) therapy in hospitalized COVID-19 patients in August 2020. Terumo BCT Inc. and Marker Therapeutics AG also gained FDA clearance in April 2020 for the Emergency Use Authorization (EUA) of Terumo BCT's Spectra Optia Apheresis System in combination with Marker Therapeutics' D2000 Adsorption Cartridge to treat COVID-19 disease in patients aged 18 and up.
Regional Insights
The Asia Pacific region is forecast to have a lucrative growth rate in the market during the forecast period. As a result of the growing population base, increasing disposable income, and rising patient awareness of blood donation. In addition, a surge in the incidence of dengue across countries in the Asia Pacific region is a factor driving the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global apheresis market are:
Scope of the Report
The global apheresis market segmentation focuses on Product, Apheresis Procedure, Technology, Application, and Region.
Segmentation based on Product
Segmentation based on Apheresis Procedure
Segmentation based on Technology
Segmentation based on Application
Segmentation based on Region