Brazil Apheresis Equipment Market Size & Outlook
Brazil apheresis equipment market, 2018-2030 (US$M)
Related Markets
Brazil apheresis equipment market highlights
- The Brazil apheresis equipment market generated a revenue of USD 105.3 million in 2023 and is expected to reach USD 187.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.6% 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.
Apheresis equipment market data book summary
| Market revenue in 2023 | USD 105.3 million |
| Market revenue in 2030 | USD 187.3 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Disposable apheresis kits |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 3.6% of the global apheresis equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil apheresis equipment market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 187.3 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 71.79% in 2023. Horizon Databook has segmented the Brazil apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The apheresis equipment market in Brazil is experiencing significant growth due to several factors. Rising incidences of chronic diseases like CVDs and blood-related conditions drive the demand for apheresis procedures. According to a report published by the Science Direct in August 2023, Sickle Cell Disease (SCD) encompasses inherited chronic conditions significantly affecting quality of life and morbidity/mortality rates.
In Brazil, it ranks among the most prevalent hereditary diseases. Between 2015 and 2019, recorded 3,320 instances of individuals with SCD succumbing to mortality out of a total of 6,553,132 death recorded. In addition, increased healthcare spending and expanding healthcare infrastructure contribute to market expansion. Moreover, the growing awareness among healthcare professionals and patients about the benefits of apheresis therapies fuels market demand.
For instance, a study conducted by Scientific Electronic Library Online (SciELO), Brazil, in March 2022 demonstrated that Lipoprotein Apheresis (LA) is a remarkably efficient therapy for lowering serum lipid levels and is considered safe, with no significant adverse effects. Favorable government initiatives play a crucial role in driving Brazil's apheresis equipment market growth.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil apheresis equipment market size, by product, 2018-2030 (US$M)
Brazil Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
