According to Meticulous Research®, the plasmapheresis market is set to achieve $2.55 billion by 2030, growing at a CAGR of 8.6% between 2023 and 2030. The factors driving this growth include the increasing prevalence of autoimmune diseases, heightened demand for source plasma by biopharmaceutical companies, and favorable reimbursement policies for plasmapheresis treatments. Additionally, emerging markets are expected to present substantial growth prospects in the field of plasmapheresis.
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However, challenges such as high device and procedural costs, associated risks, and a general lack of awareness about plasmapheresis hinder market expansion. Limited access in certain areas further complicates the landscape for growth.
Market Structure and Trends
The plasmapheresis market is segmented by product, technology, application, end user, and geography. The report also provides competitive insights and an analysis of regional markets.
In 2023, the largest market share is expected to be held by the disposables segment, owing to the recurring need for plasma separation filters and administration sets in procedures. This highlights the importance of disposables in routine clinical applications.
From a technological standpoint, centrifugation is projected to dominate the market due to its effective and rapid plasma separation capabilities, making it a key technology in plasmapheresis applications.
Leading Applications
The application segment indicates that source plasma collection is expected to lead the market in 2023, driven by rising demand from pharmaceutical and biotechnology companies, alongside increased awareness of voluntary plasma donation initiatives.
For end users, the source plasma collection segment is likely to maintain its leading position, as the demand for source plasma for producing plasma-derived products continues to grow through plasma fractionation methods.
Geographic Distribution
The market analysis includes a thorough review of key regions, covering North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, and Rest of Asia-Pacific), Latin America, and the Middle East & Africa.
North America is projected to command the largest market share in 2023, attributed to heightened awareness regarding therapeutic applications, a significant prevalence of autoimmune diseases, and a robust healthcare infrastructure that supports advanced technologies.
Prominent Industry Players
Key players shaping 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). These industry leaders are crucial to fostering innovation and driving growth in the plasmapheresis sector.
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