Latin America Apheresis Equipment Market Size & Outlook
Latin America apheresis equipment market, 2018-2030 (US$M)
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Latin America apheresis equipment market highlights
- The Latin America apheresis equipment market generated a revenue of USD 237.5 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 237.5 million |
| Market revenue in 2030 | USD 392.3 million |
| Growth rate | 7.4% (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, Latin America region accounted for 8.2% 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% in 2023. Horizon Databook has segmented the Latin America apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America region encompasses Brazil, Mexico, and Argentina and rest of Latin America. Key drivers include significant investments by major players, geographical proximity to North America, and free-trade agreements with the U.S., Canada, Japan, and several European countries.
Moreover, the rising incidence of chronic ailments like CVDs, autoimmune conditions, and blood-related disorders, which require therapeutic apheresis procedures, also contributes to the market's expansion.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America apheresis equipment market size, by country, 2018-2030 (US$M)
Latin America Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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