Asia Pacific Apheresis Equipment Market Size & Outlook
Asia Pacific apheresis equipment market, 2018-2030 (US$M)
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Asia Pacific apheresis equipment market highlights
- The Asia Pacific apheresis equipment market generated a revenue of USD 677.4 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, disposable apheresis kits was the largest revenue generating product in 2023.
- Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 677.4 million |
| Market revenue in 2030 | USD 1,398.9 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Disposable apheresis kits |
| Fastest growing segment | Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Apheresis Kits, Devices |
| Key market players worldwide | Asahi Kasei Corp, Terumo Corp, Fresenius SE & Co KGaA, Haemonetics Corp, B. Braun, Nikkiso Co Ltd, Mallinckrodt PLC Ordinary Shares - New |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.4% of the global apheresis equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,398.9 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 72.48% in 2023. Horizon Databook has segmented the Asia Pacific apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
In addition, improving healthcare infrastructure and increasing the number of healthcare practitioners in this region are expected to present the industry with a robust growth platform during the forecast period. The increasing prevalence of leukemia fuels the growth of the market in this region. According to the Scientific Research Publishing Inc. article published in February 2023, in 2020, South Asia recorded a total of 1,733,573 cancer cases, among which 62,163 cases were related to leukemia.
Notably, the highest incidence rates were reported in Pakistan (4.3 per 1,000,000) and Sri Lanka (4.1 per 1,000,000), while Bangladesh (1.8 per 1,000,000) and Nepal (2.0 per 1,000,000) exhibited the lowest incidence rates for leukemia. Concurrently, a total of 1,124,875 deaths were reported in the region, with 45,707 (4.1%) fatalities attributed to leukemia.
These figures underline the significant burden of cancer, particularly leukemia, across South Asia, necessitating comprehensive efforts in prevention, early detection, and treatment initiatives to mitigate the impact of this disease on public health in the region.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific apheresis equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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