Therapeutic Plasma Exchange Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 7.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Therapeutic Plasma Exchange Market Analysis
The Therapeutic plasma exchange systems market studied was anticipated to grow with a CAGR of nearly 7.5% during the forecast period. The major factor attributing to the growth of the market is an increased number of patients diagnosed with autoimmune diseases, hematology disorders, cardiovascular diseases, and a rise in the geriatric population. For instance, according to the National Institutes of Health report published in the year 2020, the prevalence of myasthenia gravis is increasing in recent decades and affects about 20 per 100,000 people worldwide every year demanding the efficient treatments for the ailments which are likely to fuel the market over the forecast period.
Therapeutic Plasma Exchange Market Trends
This section covers the major market trends shaping the Therapeutic Plasma Exchange Market according to our research experts:
The Neurological Disorders by Indication Segment is Expected to Hold the Largest Market Share in the Therapeutic Plasma Exchange Systems Market
- The Neurological disorders segment is expected to account for the largest revenue over the forecast period. This dominance is owing to the increased demand owing to their proven efficiency in managing neurological conditions such as Guillain-Barre syndrome (GBS), multiple sclerosis and myasthenia gravis. On the other hand, the cardiovascular disorders segment is anticipated to witness the highest growth rate during the forecast period due to increased adoption of TPE as the first line of treatment for various disorders such as arteriosclerosis, rheumatic endocarditis, etc. Furthermore, the technological developments in the segment which increased the applications of TPE in the removal of lipoproteins, fibrinogen, and inflammatory factors, etc, are likely to drive the segment over the forecast period
- Based on the End-User, the major share of the market is covered by hospitals due to the presence of a huge number of hospitalized patients with cardiac, neurological and renal conditions. Also, the rapid increase in favorable reimbursement policies and rise in the number of physicians shifting from private clinics to large scale hospitals are expected to propel the hospital segment during the forecast period
North America Dominates the Market and Expected to do Same in the Forecast Period.
North America is expected to dominate the overall therapeutic plasma exchange systems market throughout the forecast period. The dominance is due to a rise in the global prevalence of various autoimmune disorders, a steep rise in the adoption of the lipoprotein apheresis treatment for cardiovascular indications like CAD, hypercholesterolemia strokes and atherosclerosis with an increased rate of cardiac deaths in recent years. For instance, according to The American Heart Association, in 2018, nearly 92.1 million individuals in the U.S. suffered from cardiovascular diseases resulted in higher demand for TPE driving the market in the region. Also, increased availability of advanced technology and established healthcare infrastructures in the region is also likely to fuel the market over the forecast period.
Therapeutic Plasma Exchange Industry Overview
The therapeutic plasma exchange systems market is moderately competitive and consists of several major players. Some of the companies are expanding their market position by adopting various strategies such as acquisitions and mergers, while others are developing new methods for the treatment and introducing new products to maintain their market share. For Instance, In April 2017, Terumo BCT received the first and only CE mark approval for its Spectra Optia Apheresis System to treat Guillain-Barre syndrome (GBS) and myasthenia gravis (MG) using Therapeutic Plasma Exchange in the European Market fueling the market revenue share. Few of the major players currently dominating the industry in terms of revenue are Asahi Kasei Corporation, Baxter International Inc, Terumo Corporation, B. Braun Melsungen AG, and Fresenius Kabi AG
Therapeutic Plasma Exchange Market Leaders
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Asahi Kasei Corporation
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Baxter International Inc
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Terumo Corporation
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B. Braun Melsungen AG
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Fresenius Kabi AG
*Disclaimer: Major Players sorted in no particular order
Therapeutic Plasma Exchange Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Rise in Global Prevalence of Autoimmune and Cardiac Diseases
- 4.2.2 Growing R&D Activities and Clinical Trials to Increase the Application in Various Indications
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4.3 Market Restraints
- 4.3.1 High Cost of Treatment and Devices
- 4.3.2 Lack of Skilled Healthcare Professionals in Emerging Markets
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Products
- 5.1.1 Apheresis Machine
- 5.1.2 Filters
- 5.1.3 Others
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5.2 Indication
- 5.2.1 Neurological Disorders
- 5.2.2 Cardiovascular Disorders
- 5.2.3 Hematology Disorders
- 5.2.4 Renal Disorders
- 5.2.5 Others
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5.3 End-User
- 5.3.1 Hospitals
- 5.3.2 Ambulatory Surgical Centers
- 5.3.3 Others
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United states
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle-East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle-East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Asahi Kasei Corporation
- 6.1.2 Baxter International Inc
- 6.1.3 B. Braun Melsungen AG
- 6.1.4 Cerus Corporation
- 6.1.5 Fresenius Kabi AG
- 6.1.6 Haemonetics Corporation
- 6.1.7 Hemacare Corporation
- 6.1.8 IncMedica S.p.A.
- 6.1.9 Kawasumi Laboratories
- 6.1.10 Terumo Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityTherapeutic Plasma Exchange Industry Segmentation
Therapeutic plasma exchange (TPE), also known as plasmapheresis is an extracorporeal blood purification technique that removes pathogenic substances such as pathogenic autoantibodies, immune complexes, cryoglobulins and cholesterol-containing lipoproteins from the plasma of patients and replaces with substitution fluid such as albumin solution, or often fresh frozen plasma. TPE is used in the treatment of various autoimmune diseases, renal disorders, hematology disorders, etc, which is likely to drive the growth of the market.
| Products | Apheresis Machine | |
| Filters | ||
| Others | ||
| Indication | Neurological Disorders | |
| Cardiovascular Disorders | ||
| Hematology Disorders | ||
| Renal Disorders | ||
| Others | ||
| End-User | Hospitals | |
| Ambulatory Surgical Centers | ||
| Others | ||
| Geography | North America | United states |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Therapeutic Plasma Exchange Market Research FAQs
What is the current Therapeutic Plasma Exchange Systems Market size?
The Therapeutic Plasma Exchange Systems Market is projected to register a CAGR of greater than 7.5% during the forecast period (2024-2029)
Who are the key players in Therapeutic Plasma Exchange Systems Market?
Asahi Kasei Corporation, Baxter International Inc, Terumo Corporation, B. Braun Melsungen AG and Fresenius Kabi AG are the major companies operating in the Therapeutic Plasma Exchange Systems Market.
Which is the fastest growing region in Therapeutic Plasma Exchange Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Therapeutic Plasma Exchange Systems Market?
In 2024, the North America accounts for the largest market share in Therapeutic Plasma Exchange Systems Market.
What years does this Therapeutic Plasma Exchange Systems Market cover?
The report covers the Therapeutic Plasma Exchange Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Therapeutic Plasma Exchange Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Therapeutic Plasma Exchange Systems Industry Report
Statistics for the 2024 Therapeutic Plasma Exchange Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Therapeutic Plasma Exchange Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
