Apheresis Equipment Market Size

Apheresis Equipment Market Size

Apheresis Equipment Market size was valued at USD 2.4 billion in 2018 and is expected to witness 11.2% CAGR from; 2019 to 2025./p>

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The rising prevalence of blood related disorders in developed economies is a major factor stimulating the apheresis equipment industry growth. Blood disorders affect the blood clotting ability of an individual ranging from any age group including infant, adult and elderly population. Moreover, growing population base in Europe are highly susceptible to various blood related disorders such as hemophilia A, hemophilia B, thalassemia and sickle-cell disease among others, thereby augment huge demand for apheresis devices. Additionally, occurrence of rare disease is also known as haemoglobinopathies, which can be addressed by apheresis technique. This could further offer several opportunities for apheresis equipment in healthcare./p>

Furthermore, rapid technological advancements in apheresis devices are leading to the development of next-generation apheresis equipment that later contributes to the business revenue share. Also, the device offers automated interface systems, graphical user interface displays and screen navigation that reduces the human intervention. Such technologies provide faster and more effectively results that should augment apheresis devices business growth. However, lack of donor availability and histocompatibility may impede apheresis equipment industry growth during the analysis period.