Plasma Apheresis Machines Market Size Report, Industry Share, Trends, Analysis, Growth, 2030

Plasma Apheresis Machines Market

Plasma Apheresis Machines Market By Product Type (Plasma Collection System and Multi-Component Collection System), By Application (Extracorporeal Therapy and Plasma Donation), and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030

Category: Medical Device Report Format : PDF Pages: 230 Report Code: ZMR-7397 Published Date: Jul-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 10.2 Billion USD 17.2 Billion 9% 2022

Plasma Apheresis Machines Market

Plasma Apheresis Machines Industry Prospective:

The global plasma apheresis machines market size was evaluated at $10.2 billion in 2022 and is slated to hit $17.2 billion by the end of 2030 with a CAGR of nearly 9% between 2023 and 2030.

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The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global market space. The plasma apheresis machines industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the plasma apheresis machines market report explores the investor and stakeholder space to help companies make data-driven decisions.

Plasma Apheresis Machines Market: Overview

Plasma Apheresis Machine helps in deriving small blood volumes during the plasmapheresis process. Reportedly, plasmapheresis is a therapeutic process involving extracorporeal removal and exchange of blood plasma. The process is used for eliminating antibodies for treating autoimmune ailments. Precisely, it is a process for returning blood cells & platelets to the body of the donor while keeping the plasma of blood.

Key Insights

  • As per the analysis shared by our research analyst, the global plasma apheresis machines  market is projected to expand annually at the annual growth rate of around 9% over the forecast timespan (2023-2030)
  • In terms of revenue, the global plasma apheresis machines market size was evaluated at nearly $10.2 billion in 2022 and is expected to reach $17.2 billion by 2030.
  • The global plasma apheresis machines market is anticipated to record massive growth over the forecast period owing to the growing cases of chronic disorders that have led to a humongous demand for plasma apheresis machines.
  • In terms of product type, the multi-component collection system segment is slated to register the fastest CAGR over the analysis period.
  • On the basis of application, the extracorporeal therapy segment is slated to dominate the segmental surge over the forecast period.
  • Region-wise, the Asia-Pacific plasma apheresis machines market is projected to register the highest CAGR during the assessment timeline.

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Plasma Apheresis Machines Market: Growth Factors

A rise in chronic diseases will scale up the expansion of the global market over the forecast timeline

Growing cases of chronic disorders have led to a humongous demand for plasma apheresis machines, thereby steering the expansion of the global plasma apheresis machines market. Additionally, technological breakthroughs in the medical equipment sector will enhance the preference for plasma apheresis machines in the healthcare domain in the coming years. Escalating demand for improving the efficiency in food processing and plasma product processing activities will steer the growth of the global market.

Rise in the inherited diseases in adults as well as children have paved the way for the demand for plasma apheresis machines. As per World Health Organization, over 3, 00,000 newborn babies suffer from sickle cell disease every year. Moreover, an increase in the routine diagnosis of chronic disorders has led to massive demand for plasma apheresis equipment. This, in turn, has translated into humungous market demand across the globe. A surge in autoimmune disorders and blood-related diseases in developing as well as under-developed countries can benefit the expansion of the market globally.

Plasma Apheresis Machines Market: Restraints

Rising costs of plasma apheresis can hinder the global industry expansion in ensuing years

High procedural & treatment costs can restrain the expansion of the plasma apheresis machines industry across the globe. For the record, in the U.S., the method of plasma apheresis can cost between US$5,000 to US$10,000 for each session. Apart from this, adult plasma treatment in India costs nearly INR 2 lacs. Furthermore, the need to repeat the treatment can further put brakes on the growth of the global industry. The huge treatment costs can prove to be unaffordable for individuals residing in emerging economies, thereby posing a huge threat to global industry expansion.

Plasma Apheresis Machines Market: Opportunities

Technological breakthroughs in the medical domain can generate new growth prospects for the market globally

Continuous breakthroughs in the healthcare sector and a rise in the patient population base will create new growth opportunities for the plasma apheresis machines market across the globe. Apart from this, a surge in healthcare expenditure and liberal regulation in the emerging economies of the Asia-Pacific region will further enlarge the scope of the demand for medical equipment in the coming years.

Plasma Apheresis Machines Market: Challenges

Sharp increments in the prices of raw components can prove to be a challenging task for the global industry 

The rise in the costs of raw materials and changing government policies regarding the use of the product in the healthcare sector can pose a big challenge to the plasma apheresis machines industry's growth globally. The availability of alternative treatments can further decimate the demand for the product, thereby halting the expansion of the industry globally.

Plasma Apheresis Machines Market: Segmentation

The global plasma apheresis machines market is sectored into product type, application, and region.

In product type terms, the global plasma apheresis machines market is segregated into plasma collection system and multi-component collection system segments. In addition to this, the multi-component collection system segment, which amassed about three-fifths of the global market share in 2022, is expected to record the fastest CAGR in the forecast timeline. The growth of the segment in the ensuing years can be attributed to the massive demand for multi-component collection systems by research institutes.

On the basis of the application, the plasma apheresis machines industry across the globe is sectored into extracorporeal therapy and plasma donation segments. Furthermore, the extracorporeal therapy segment, which gained a huge share of the global industry in 2022, is expected to lead the application segment in the next couple of years. The segmental expansion in the forecast timeframe can be a result of an increase in the use of extracorporeal therapy in autoimmune ailments including myasthenia gravis, thrombotic thrombocytopenic purpura, lupus, Guillain-Barre syndrome, and Goodpasture’s syndrome.

Plasma Apheresis Machines Market: Report Scope

Report Attributes Report Details
Report Name Plasma Apheresis Machines Market Report
Market Size in 2022 USD 10.2 Billion
Market Forecast in 2030 USD 17.2 Billion
Growth Rate CAGR of 9%
Number of Pages 230
Key Companies Covered Haemonetics Corporation, Fresenius Medical Care, A.T Cross Co., Nikkiso, Grayson Tighe, Caran D'ache, Fisher Space Pen, Faber-Castell, Medical Co. Ltd., Hugo Boss, Bespoke British Pens Ltd., Jack Row, Montblanc, Bentley Motors, Baxter International Inc., Terumo BCT Inc., Asahi Kasei, B Braun Melsungen AG, and Conklin Pens.
Segments Covered By Product Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Plasma Apheresis Machines Market: Regional Insights

North America to retain global market dominance over 2023-2030

North America, which contributed more than 65% of the global plasma apheresis machines market revenue in 2022, is anticipated to record lucrative growth over the analysis timeframe. The market expansion in the region over the assessment timeframe can be due to a rise in the cases of chronic diseases along with technological breakthroughs in the healthcare & medical devices sector in countries such as the U.S. and Canada. With new entrants entering the business of manufacturing plasma apheresis machines, the market in the region is predicted to expand by leaps & bounds in the forthcoming years.

Furthermore, the plasma apheresis machines industry in the Asia-Pacific region is expected to register the highest CAGR in the assessment timespan. The key growth driving factors of the industry in the region include a rise in the budget allocation for the healthcare domain in countries such as India, Japan, South Korea, Indonesia, Taiwan, and China. In addition to this, advancements in the medical sector and a rise in the patient population will open new growth opportunities for the industry in the region. An increase in genetic disorders such as thalassemia among the young and adult population in the region can prop the growth of the industry in the sub-continent.  

Plasma Apheresis Machines Market: Competitive Space

The global plasma apheresis machines market profiles key players such as:

  • Haemonetics Corporation
  • Fresenius Medical Care
  • A.T Cross Co.
  • Nikkiso
  • Grayson Tighe
  • Caran D'ache
  • Fisher Space Pen
  • Faber-Castell
  • Medical Co. Ltd.
  • Hugo Boss
  • Bespoke British Pens Ltd.
  • Jack Row
  • Montblanc
  • Bentley Motors
  • Baxter International Inc.
  • Terumo BCT Inc.
  • Asahi Kasei
  • B Braun Melsungen AG
  • Conklin Pens

The global plasma apheresis machines market is segmented as follows:

By Product Type              

  • Plasma Collection System
  • Multi-Component Collection System

By Application

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Plasma Apheresis Machine helps in deriving small blood volumes during the plasmapheresis process. Reportedly, plasmapheresis is a therapeutic process involving extracorporeal removal and exchange of blood plasma. The process is used for eliminating antibodies for treating autoimmune ailments. Precisely, it is a process for returning blood cells & platelets to the body of the donor while keeping the plasma of blood.  

The global plasma apheresis machines market growth is owing to escalating demand for improving the efficiency in food processing and plasma product processing activities.

According to a study, the global plasma apheresis machines industry size was $10.2 billion in 2022 and is projected to reach $17.2 billion by the end of 2030.

The global plasma apheresis machines market is anticipated to record a CAGR of nearly 9% from 2023 to 2030.

The Asia-Pacific plasma apheresis machines industry is set to register the highest CAGR over the forecasting timeline owing to a rise in the budget allocation for the healthcare domain in countries such as India, Japan, South Korea, Indonesia, Taiwan, and China. In addition to this, advancements in the medical sector and a rise in the patient population will open new growth opportunities for the industry in the region. An increase in genetic disorders such as thalassemia among the young and adult population in the region can prop the growth of the industry in the sub-continent.  

The global plasma apheresis machines market is led by players such as Haemonetics Corporation, Fresenius Medical Care, A.T Cross Co., Nikkiso, Grayson Tighe, Caran D'ache, Fisher Space Pen, Faber-Castell, Medical Co. Ltd., Hugo Boss, Bespoke British Pens Ltd., Jack Row, Montblanc, Bentley Motors, Baxter International Inc., Terumo BCT Inc., Asahi Kasei, B Braun Melsungen AG, and Conklin Pens.

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