Meticulous Research®, a renowned global market research organization, has recently published an insightful 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 this report, the plasmapheresis market is projected to achieve a valuation of $2.55 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.6% from 2023 through 2030. The growth of this market can be attributed to several factors, including a rising incidence of autoimmune disorders, an increased need for source plasma from biopharmaceutical companies, and supportive reimbursement policies for plasmapheresis procedures. Additionally, the demand for plasmapheresis services in emerging markets is expected to provide significant growth prospects for the sector.

However, the high costs associated with plasmapheresis devices and procedures, along with the potential risks related to these procedures, may hinder the market's growth. Moreover, challenges such as low awareness regarding plasmapheresis and limited access in certain regions represent critical hurdles for market expansion.

Plasmapheresis Market: Future Outlook

The plasmapheresis market is categorized by product type, technology, application, end user, and geographic region. The study also evaluates competitive dynamics and provides a detailed analysis of regional markets and key countries.

Focusing on products, the disposables segment is expected to hold the largest market share in 2023. This is mainly due to the frequent need for plasma separation filters and administration sets utilized in plasmapheresis procedures.

When it comes to technology, the centrifugation segment is projected to dominate in 2023, owing to its efficiency in separating plasma from other blood components in a timely manner.

In terms of application, the source plasma collection segment is expected to capture the largest share of the market in 2023. This growth can be attributed to the rising demand for source plasma from the pharmaceutical and biotechnology sectors, alongside increased awareness regarding voluntary plasma donations.

From an end-user perspective, the source plasma collection segment is anticipated to have the largest market share in 2023, driven by the increasing need for source plasma in the manufacture of plasma-derived products through fractionation techniques.

Geographic Insights

The report examines the plasmapheresis market across key regions, including North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and other European regions), Asia-Pacific (Japan, China, India, Australia, and other Asia-Pacific countries), Latin America, and the Middle East & Africa.

North America is expected to lead the plasmapheresis market in 2023, followed by Europe and Asia-Pacific. The significant market share in North America can be attributed to heightened awareness of the therapeutic uses of plasmapheresis, a high prevalence of autoimmune diseases, rapid adoption of advanced technologies, and a well-established healthcare infrastructure.

Leading Market Players

Key players in the plasmapheresis market 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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