Meticulous Research®, a leading global market research company, has published an in-depth report titled, “Plasmapheresis Market by Product (Instruments, Disposables), Technology (Membrane Filtration, Centrifugation), Application (Therapeutic [Immunology, Neurology, Hematology], Plasma Collection), End User (Biopharma, Hospitals) - Global Forecast to 2030.”
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According to the latest insights from Meticulous Research®, the plasmapheresis market is projected to reach $2.55 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. This growth is propelled by the increasing incidence of autoimmune diseases, the rising demand for source plasma by biopharmaceutical companies, and favorable reimbursement policies for plasmapheresis procedures. Additionally, the expanding demand for plasmapheresis in emerging markets presents substantial growth opportunities.
However, market expansion is somewhat restrained by the high costs associated with plasmapheresis devices and procedures, as well as the inherent risks involved in plasmapheresis. Moreover, the lack of awareness regarding plasmapheresis procedures and limited access in certain regions pose significant challenges.
Plasmapheresis Market: Future Outlook
The plasmapheresis market is comprehensively segmented by product, technology, application, end user, and geography, with detailed evaluations of industry competitors and country-level market analyses.
Product Segment: Disposables: In 2023, disposables are expected to dominate the market, driven by the consistent use of plasma separation filters and administration sets in plasmapheresis procedures.
Technology Segment: Centrifugation: Expected to hold the largest market share in 2023, this segment benefits from the rapid and efficient separation of plasma from blood components.
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Application Segment: Source Plasma Collection: This segment is anticipated to lead the market in 2023 due to the rising demand from pharmaceutical and biotechnology companies, increased need for plasma proteins, and growing awareness about plasma donation.
End User Segment: Source Plasma Collection Centers: These centers are predicted to capture the largest market share in 2023, owing to the growing demand for source plasma for the production of plasma-derived products through fractionation methods.
Geographic Insights: The report provides a thorough analysis across major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In 2023, North America is poised to dominate the plasmapheresis market, followed by Europe and Asia-Pacific. The substantial market share of North America can be attributed to high awareness of plasmapheresis's therapeutic applications, the prevalence of autoimmune diseases, advanced technology adoption, and a robust healthcare infrastructure.
Key Players: Foremost entities operating in the plasmapheresis market landscape include Asahi Kasei Corporation (Japan), Terumo Corporation (Japan), Baxter International Inc. (U.S.), B. Braun Melsungen AG (Germany), SB Kawasumi Laboratories, Inc (Japan), Kaneka Corporation (Japan), Haemonetics Corporation (U.S.), Fresenius SE & Co. KGaA (Germany), Shanghai Dahua Medical Apparatus Co., Ltd. (China), and Infomed SA (Switzerland).
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