Europe Apheresis Equipment Market Size & Outlook
Europe apheresis equipment market, 2018-2030 (US$M)
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Europe apheresis equipment market highlights
- The Europe apheresis equipment market generated a revenue of USD 789.6 million in 2023.
- The market is expected to grow at a CAGR of 9.4% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 789.6 million |
| Market revenue in 2030 | USD 1,484.5 million |
| Growth rate | 9.4% (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, Europe region accounted for 27.2% 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 72.33% in 2023. Horizon Databook has segmented the Europe apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The European apheresis equipment market, including the UK, is part of the global market that is experiencing significant growth. The market is influenced by several factors: Increasing Prevalence of Chronic Diseases: Chronic diseases such as kidney, liver, and heart diseases, as well as autoimmune disorders like lupus & rheumatoid arthritis, require blood components extracted through apheresis.
Regenerative Medicine and Stem Cell Research: Advancements in stem cell research, particularly in the areas of regenerative medicine, are driving the need for apheresis equipment to isolate and process stem cells for therapy. Blood Donation Awareness Campaigns. Initiatives to raise blood donation awareness can influence the market by increasing the number of eligible donors and, consequently, the frequency of apheresis procedures Advancements in Technology.
The development of more advanced apheresis equipment, such as automated systems and disposables, is improving the efficiency and safety of apheresis procedures, thus expanding the market Collaborations and Partnerships: The market benefits from collaborations between academic institutions, pharmaceutical companies, and device manufacturers, which can lead to the development of new therapeutic apheresis treatments.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe apheresis equipment market size, by country, 2018-2030 (US$M)
Europe Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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