What Are the Key Growth Drivers for the Plasmapheresis Market Projected to Reach $2.55 Billion by 2030?


Posted August 29, 2024 by Pratiksha

With a forecasted CAGR of 8.6% from 2023 to 2030, the Plasmapheresis Market is set to achieve $2.55 billion by 2030.
 
As reported by Meticulous Research®, the plasmapheresis market is projected to grow to $2.55 billion by 2030, achieving a CAGR of 8.6% from 2023 to 2030. The growth is fueled by factors such as increasing autoimmune disease prevalence, high demand for source plasma, and favorable reimbursement policies. Emerging markets also present significant growth opportunities.

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Growth Constraints
Challenges such as high costs of devices and procedures, procedural risks, and limited awareness about plasmapheresis, coupled with access issues in certain regions, could temper market growth.

Segmentation Highlights
• Products
The disposables segment is anticipated to be the largest market segment in 2023. This is due to the frequent use of plasma separation filters and administration sets required for plasmapheresis procedures.

• Technology
Centrifugation technology is expected to hold the largest market share in 2023, owing to its efficiency in quickly separating plasma from other blood components.

• Applications
Source plasma collection is projected to dominate the market in 2023, driven by the increased need for plasma from pharmaceutical and biotechnology companies and rising awareness about plasma donations.

• End Users
The source plasma collection segment is expected to lead in 2023 among end users due to the high demand for plasma in manufacturing plasma-derived products through fractionation techniques.

Regional Insights
• North America
North America is expected to capture the largest share of the plasmapheresis market in 2023, with Europe and Asia-Pacific following. The region’s large market share is due to high awareness of plasmapheresis applications, a high incidence of autoimmune diseases, advanced technology, and a robust healthcare system.

• Global Overview
The market analysis includes detailed insights into Europe, Asia-Pacific, Latin America, and the Middle East & Africa, highlighting the diverse growth dynamics across these regions.

Leading Companies
The plasmapheresis market features key players such as Asahi Kasei Corporation, Terumo Corporation, Baxter International Inc., B. Braun Melsungen AG, SB-Kawasumi Laboratories, Inc., Kaneka Corporation, Haemonetics Corporation, Fresenius SE & Co. KGaA, Shanghai Dahua Medical Apparatus Co., Ltd., and Infomed SA. These companies are pivotal in driving market innovation and growth.

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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Last Updated August 29, 2024