Apheresis Equipment Market
Apheresis Equipment Market (Plasmapheresis, Photopheresis, Apheresis in Neurological, Renal, Hematological Diseases, Centrifugation, Membrane Filtration, Apheresis Machines and Disposable Kits) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018
Press Release :
Majorly used by the medical community, apheresis is seeing an increase in its application in the control of disease. Though not new to the field of science, therapeutic apheresis is witnessing an increase in scope over the last few years. In fact, each year, a large number of patients, the number going to millions, go through this treatment.
As per Transparency Market Research, the global apheresis equipment market would chart a CAGR of 11.3% from 2012 to 2028 and by the end of this period, the market worth would rise to USD 2.3 bn. It is a notable increase from USD 1.1 bn. in the year 2011.
Some of the factors that are leading to growth in the market are increase in incidence of diabetes and increase in prevalence of chronic diseases. Some of the most significant factors helping the market stay buoyant are outlined below:
- In America, 133 million people suffer from chronic diseases. Percentage wise this comes to 40% of the overall population. Six in every ten people in the region are suffering from a chronic disease and four in every ten are suffering from more than one. This will lead to growth in global apheresis equipment market.
- In 2014, the number of diabetics was a hefty 422 million and the prevalence of this disease in the year for adults aged 18 and above was 8.5%. The prevalence is quite high and rapidly increasing in countries that are considered middle or low income
- Increase in geriatric population is a significant factor driving growth in this market. One in every six people in the world with be old by the year 2050 and some 2 billion people will be falling in the age group of 60 and above by the same year. The pace of ageing would be higher in North America and Europe.
In the past few decades, the medical community all across the world has increasingly engaged in the use of apheresis. In therapeutic apheresis, a patient’s plasma or blood cellular parts are split and removed from the blood and replaced by substitute plasma or substitute blood fluids. The rationale behind apheresis is that the abnormal substances or cells in the patient’s blood are removed through apheresis, thereby leading to cure or control of the disease.
This report on the global apheresis equipment market includes the different facets of therapeutic apheresis, donor apheresis, and the apheresis devices market. The report covers the performance of various segments of the apheresis market in terms of revenues generated in such segments. The overall market is classified on the basis of the types of applications of apheresis, different procedural modalities of therapeutic apheresis, various technologies employed, and the types of equipment used in apheresis. The report provides in-depth analysis of the sub-segments of the market with their estimated forecast of market size from 2010 to 2018. The base year for this forecast is 2011 and compounded annual growth rate is calculated from 2012 to 2018.
The applications equipment market is classified on the basis of types of clinical areas in which the apheresis procedure is employed. The report covers the analysis of the estimated revenues and forecast of these major applications for the period 2012 - 2018. Similar analysis is performed for the procedure modalities of apheresis and types of technology used in therapeutic apheresis. This report also includes analysis of the global apheresis equipment market, which is further segmented on the basis of geographical distribution. The overall analysis of the competitiveness of the global apheresis equipment market is covered in the report. The above mentioned key analysis with recommendations would be of assistance in taking strategic decisions related to the market.
The market numbers of this report have been derived by performing secondary research and have been further validated with C-level executives of major market players in the apheresis market through primary research. This research is specifically prepared to analyze and estimate the performance of the major apheresis equipment segments in the global market. The study also presents a comprehensive assessment of the major strategies of the market stakeholders and their winning imperatives by segmenting the market as follows:
Apheresis equipment market, by types of applications
- Renal diseases
Apheresis equipment market, by types of procedures
Apheresis machines market, by technology
- Membrane filtration
Apheresis equipment market, by geography
- North America
- Asia Pacific
- Rest of the World
The extensive research and high level analysis will allow apheresis device manufacturers, lawmakers, apheresis service providers, medical companies, and research and development agencies to make informed decisions about apheresis services, equipment manufacturing, marketing, growth strategies, and gain competitive advantage.