Key Trends and Insights into the Apheresis Consumables And Equipment Market: Growth Rate and Opportunities to 2034
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What Future CAGR is Anticipated for the Apheresis Consumables And Equipment Market Over the 2025–2034 Period?
The market for apheresis consumables and equipment has undergone rapid expansion in recent years, with its value expected to rise from $3.34 billion in 2024 to $3.76 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.4%. The growth experienced during the historic period is attributable to factors such as the rising incidence of chronic illnesses, heightened patient understanding of apheresis procedures, growing requirement for blood components, and the aging population.
The size of the apheresis consumables and equipment market is anticipated to experience fast expansion in coming years, projecting a value of $5.66 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 10.8%. The projected growth during this period can be ascribed to factors such as escalating use in cell therapy, the emergence of infectious diseases, the rise of personalized medicine, the development of healthcare infrastructure, an increase in blood donations, and a surge in organ transplants. Key trends anticipated during this forecast period encompass the utilization of automation and robotics, the adoption of therapeutic apheresis, the access to remote apheresis services, the establishment of portable apheresis equipment, and the wide-scale implementation of automation and robotics.
How Are the key drivers expanding the growth of the Apheresis Consumables And Equipment Market?
Globally, instances of blood disorders are witnessing an uptick, subsequently driving a demand for blood transfusions. Apheresis Equipment is instrumental in blood transfusion procedures for individuals suffering from blood disorders such as leukemia, sickle cell anemia, and cancer. A study from the Leukemia and Lymphoma Society suggests a projected diagnosis of leukemia in 60,300 individuals in the USA alone. The study also reveals that every 3 minutes, someone is diagnosed with blood cancer which underscores the urgency of an immediate blood transfusion. Data from the American Society of Hematology discloses that 100,000 Americans are affected by sickle cell Anemia while an additional 2 million individuals carry the trait, hence the necessity for Apheresis Equipment for blood transfusion. The International Agency for Research on Cancer anticipates 16.3 million new cancer cases worldwide by 2040. With each cancer treatment procedure requiring a minimum of 8 blood units, there is a critical need for blood component collection and transfusion. As a result, the heightened prevalence of these blood disorders triggers a rise in demand for apheresis consumables and equipment industry.
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Who Are the Influential Players Fueling Innovation and Growth in the Apheresis Consumables And Equipment Market?
Major companies operating in the apheresis consumables and equipment market include Asahi Kasei Medical Co. Ltd., Haemonetics Corporation, Kawasumi Laboratories Inc., Fresenius SE & Co. KGaA, Terumo BCT, Braun Melsungen AG, Therakos Inc., HemaCare Corporation, Cerus Corporation, Kaneka Corporation, Nikkiso Co., Medica SpA, Terumo Corporation, Macopharma, Grifols S.A., Baxter International Inc., Fenwal Inc., Miltenyi Biotec GmbH, Infomed SA, Lmb Technologie GmbH, Medivators Inc., Nigale Biomedical Inc., Aferetica S.r.l., Apheresis Care Group, Beijing Meso-Tech Co. Ltd., Biegler GmbH, Brightwake Ltd., Cytosorbents Corporation, DePuy Synthes Companies, Guangzhou Daji Medical Science and Technology Co. Ltd., Haier Biomedical
What Are the Most Influential Trends Currently Shaping the Apheresis Consumables And Equipment Market?
Firms are creating products with high technology and automation that boost the product’s efficiency (blood). Companies are adopting sophisticated products such as automatic apheresis machines with continuous flow centrifugation, automated interface systems, and personalized anticoagulant infusion systems. The utilization of automated apheresis machinery has made the blood separation process quicker and more effective. For example, Haemonetics Corp has engineered an automated apheresis machine, NexSys PCS, that enhances productivity and elevates the quality and compliance at plasma collection centers.
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Which Key Segments of the Apheresis Consumables And Equipment Market Are Poised for Growth and Innovation?
The apheresis consumables and equipment market covered in this report is segmented –
1) By Product: Disposables, Devices
2) By Technology: Centrifugation, Membrane Filtration
3) By Procedure: Photopheresis, Plasmapheresis, LDL Apheresis, Plateletpheresis, Leukapheresis, Erythrocytapheresis, Other Procedures
4) By Application: Renal Disease, Neurology, Hematology, Other Applications
Subsegments:
1) By Disposables: Apheresis Kits, Tubing Sets, Filters, Collection Bags, Anticoagulants
2) By Devices: Automated Apheresis Devices, Manual Apheresis Devices, Centrifuges, Plasmapheresis Devices
What Regions Are Leading the Growth Trajectory of the Apheresis Consumables And Equipment Market?
The countries covered in the apheresis consumables and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Are the Key Characteristics That Define the Apheresis Consumables And Equipment Market?
Apheresis consumables and equipment are devices through which the blood drawn from a donor is separated into its components through plasma exchange, stem cell harvest, photopheresis, and low-density lipid removal techniques. Further, the required components like plasma or platelets are retained and the remaining is passed to the circulation.
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