The therapeutic plasma exchange global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Therapeutic Plasma Exchange Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The therapeutic plasma exchange market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.47 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to the emergence of immunological diseases, increasing technological advancements, increased awareness and education, expanded indications, and improved understanding of the pathophysiology.
The therapeutic plasma exchange market size is expected to see strong growth in the next few years. It will grow to $2.12 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to the rising geriatric population, clinical evidence and guidelines, regulatory environment, hospital infrastructure and healthcare investments, healthcare expenditure, and reimbursement policies. Major trends in the forecast period include personalized therapies, integration of automation, collaborative initiatives, and telemedicine integration.
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Scope Of Therapeutic Plasma Exchange Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Therapeutic Plasma Exchange Market Overview
Market Drivers –
The high prevalence of hematological disorders is expected to propel the growth of the therapeutic plasma exchange market going forward. Hematological disorders, also known as blood disorders, refer to medical conditions that affect the blood and blood-forming tissues, including the bone marrow, lymph nodes, and spleen. Hematological disorders are rising due to factors including genetic predispositions, environmental influences, and lifestyle changes. Therapeutic plasma exchange (TPE) is utilized in hematological disorders to remove pathogenic substances from the plasma, such as autoantibodies in autoimmune hemolytic anemia or immune complexes in thrombotic thrombocytopenic purpura, thereby mitigating disease severity and improving patient outcomes. For instance, in August 2023, according to the Leukemia and Lymphoma Society, a US-based professional organization, the number of projected myeloma diagnoses is expected to rise by around 2.3% from 2021 to 2023, increasing from 34,920 to 35,730, respectively. Therefore, the high prevalence of hematological disorders is driving the growth of the therapeutic plasma exchange market.
Market Trends –
Major companies operating in the therapeutic plasma exchange market are focused on developing technologically advanced products, such as automated plasma exchange systems, that can improve treatment accuracy, increase workflow efficiency, and simplify therapy setup and delivery. Automated plasma exchange systems are medical devices designed to perform therapeutic plasma exchange (TPE) procedures in a controlled and efficient manner. For instance, in May 2021, Baxter International Inc., a US-based healthcare company, launched the PrisMax 2 system, an automated plasma exchange system designed to advance critical care delivery for patients and hospitals by removing harmful substances from a patient’s blood. This new system addresses key challenges faced in the intensive care unit (ICU), offering operational simplicity, smart efficiencies, and data-driven insights. The PrisMax 2 system simplifies the complexities of delivering continuous renal replacement therapy (CRRT) and other extracorporeal therapies, enhancing therapy management from setup to delivery.
The therapeutic plasma exchange market covered in this report is segmented –
1) By Type: Therapeutic Plasma Exchange (TPE), Double Filtered Plasmapheresis (DFPP)
2) By Indication: Neurological Disorders, Hematological Disorders, Renal Disorders, Metabolic Disorders, Other Indications
3) By Technology: Centrifugation, Membrane Separation
4) By End User: Blood Collection Centers, Hospitals And Clinics, Transfusion Centers, Other End Users
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Regional Insights –
North America was the largest region in the therapeutic plasma exchange market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the therapeutic plasma exchange market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the therapeutic plasma exchange market are Medica S.p.A., Fresenius SE and Co. KGaA, Medtronic Plc., Asahi Kasei Corporation, Toray Industries Inc., Baxter International Inc., B Braun Melsungen AG, Terumo Corporation, Kaneka Corporation, Charles River Laboratories, Octapharma AG, Spectral Medical Inc., Nikkiso Co. Ltd., Haemonetics Corporation, Miltenyi Biotec Technology And Trading Co. Ltd., Macopharma SA, Cerus Corporation, Apellis Pharmaceuticals Inc., ImmunoTek Bio Centers LLC, CytoSorbents Corporation, Kawasumi Laboratories America Inc., Japan Medical Supply Co. Ltd.
Table of Contents
1. Executive Summary
2. Therapeutic Plasma Exchange Market Report Structure
3. Therapeutic Plasma Exchange Market Trends And Strategies
4. Therapeutic Plasma Exchange Market – Macro Economic Scenario
5. Therapeutic Plasma Exchange Market Size And Growth
…..
27. Therapeutic Plasma Exchange Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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