Transparency Market Research (TMR) observes in a research report that
the competitive landscape in the global apheresis market is likely to
be intense owing to the fact that a few leading vendors hold a
substantial share in the market. The future threat arising from new
entrants is likely to be comparatively low over the coming years
because of the license required for manufacturing equipment,
technical expertise needed to venture into this field, and expensive
nature of the manufacturing process, which is keeping the new players
at bay. The focus on mergers, collaborations, and strategic
collaborations is likely to be high in the coming years with leading
companies looking forward to tighten their grip in the intensely
competitive market and amid the growing cost related pressures. The
leading companies in the market comprise B. Braun Melsungen AG, Cerus
Corporation, Fresenius Kabi AG, Haemonetics Corporation, Terumo
Corporation, and Asahi Kasei Medical Co. Ltd.
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According to a TMR analyst, “The global market for apheresis is
anticipated to exhibit a 10.2% CAGR between 2017 and 2025. In 2016,
the market was worth US$1.85 bn and is likely to touch a valuation of
US$4.33 bn by the end of 2025.” Based on procedure, the market has
been segmented into erythrocytapheresis, leukapheresis,
plateletpheresis, LDL apheresis, photopheresis, and plasmapheresis.
Among all these, the market was reigned by the plasmapheresis segment
in 2016 owing to the growing number of procedures pertaining to donor
plasmapheresis across the globe. The segment is further estimated to
experience an 8.9% CAGR over the course of the forecast period.
Region-wise, the market is anticipated to be dominated by North
America until the end of the forecast period. This growth can be
attributed to the extensive development of the healthcare
infrastructure in the region.
The huge ascent in the prevalence of chronic maladies worldwide has
prompted an extensive demand for blood components for use medical
products such as immunoglobulin, coagulation factors, plasma, and
albumin. Additionally, strict safety regulations are prompting the
expanded concentration of healthcare facilities on the security and
viability parts of these items, which has prompted specialized
advances in apheresis items and techniques. In this manner, the
rising interest for blood parts and plasma for therapeutics is
anticipated to remain a key constrain affecting the general
advancement of the worldwide apheresis market in the following couple
of years.
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The market is additionally anticipated to profit by the enlarging set
of therapeutic apheresis, which is provoking the expanded utilization
of apheresis methodology in the treatment of various ailments and
signs. According to the American Society for Apheresis' (ASFA)
Apheresis rule's 2016 version, there are 87 ailments (78 out of 2013
release) and 179 sign for apheresis. In 2016, three new hematological
signs were included these rules. Such enlarging utilizations of
apheresis is anticipated to drive development for apheresis market in
the coming years.
The set-up of apheresis includes expensive disposables and apheresis
systems. Furthermore, technically skilled operators are needed to
conduct these procedures. This further, raises the cost of the
operations, thus, making the complete procedure expensive. This type
of situation also becomes a Herculean state in developing economies.
Apheresis is also termed unaffordable for treating certain other
diseases in which several other alternatives are also available which
are equally efficient in treating the disease and are inexpensive as
well. This issue is anticipated to have a huge impact on the growth
of the global market for apheresis.
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