Market revenue in 2023 | USD 98.0 million |
Market revenue in 2030 | USD 183.6 million |
Growth rate | 9.4% (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 |
Disposable apheresis kits was the largest segment with a revenue share of 72.55% in 2023. Horizon Databook has segmented the Spain apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Although small & midsized companies account for 90% of Spain’s medical devices manufacturing industry, a few large companies control the majority of the domestic market. The lower cost of treatment continues to drive interest in the adoption of apheresis equipment.
The research is part of a larger USD 19.5 million SCN investment in 32 projects, highlighting the significant role of stem cell research in improving human health. The project which also includes the collaboration of researchers from Montreal, Spain, and France. By providing funding for R&D projects, the SCN can stimulate the creation of new apheresis techniques & technologies.
This can lead to the development of more advanced apheresis equipment that is more effective and safer, thus increasing the demand for such equipment. In addition, in September 2019, Maria Salazar, a researcher in the Cell Division and Cancer Group led by Marcos Malumbres, received a prestigious CaixaImpulse grant to lead a project on regenerative medicine in diabetes.
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