Canada Apheresis Equipment Market Size & Outlook
Canada apheresis equipment market, 2018-2030 (US$M)
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Canada apheresis equipment market highlights
- The Canada apheresis equipment market generated a revenue of USD 96.3 million in 2023 and is expected to reach USD 144.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 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 96.3 million |
| Market revenue in 2030 | USD 144.8 million |
| Growth rate | 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, Canada accounted for 3.3% 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 North America, U.S. apheresis equipment market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,636.2 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 71.65% in 2023. Horizon Databook has segmented the Canada apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Canada apheresis equipment market is expected to grow during the forecast period, attributed to the rising demand for apheresis equipment, a growing geriatric population, and rapid technological advancements.
Blood-related disorders such as Thrombotic Thrombocytopenic Purpura (TTP), myasthenia gravis, and hematologic malignancies are driving market expansion. For instance, Statistics Canada reported 285,704 deaths related to blood disorders in 2017, rising to 334,081 in 2022, indicating significant demand for apheresis equipment.
These conditions Require Therapeutic Plasma Exchange (TPE) or stem cell collection facilitated by apheresis procedures. In addition, the increasing prevalence of autoimmune diseases and hematologic cancers further fuels demand, positioning the Canada apheresis equipment market for expansion.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada apheresis equipment market size, by product, 2018-2030 (US$M)
Canada Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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