Leukapheresis Market would rocket up to USD 60,785.85 million by 2030

PRESS RELEASE
Published October 25, 2023

A Qualitative Research Study accomplished by Data Bridge Market research’s database of 350 pages, titled as “Leukapheresis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis.

The increasing incidence and prevalence of leukemia are among the important factors intensifying the growth and demand of the market. In addition, the high demand for leukopaks in clinical research, the growing number of blood donations, technological advancements, and the increasing demand and adoption of leukopaks in various applications such as R&D activities are also contributing to market growth over the forecast period of 2023 to 2030. Furthermore, the rising investments by major players for research activities, associated with increasing approvals for the process of isolating White Blood Corpuscles (WBC) for R&D activities, are also lifting the market growth The emerging economies and rising investments from pharma-biotech companies, academic institutes, and leading players are further expected to accelerate the market expansion offering significant growth opportunities for the market.

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However, the high cost of therapeutic leukapheresis and leukopaks and the lack of skilled professionals and low adoption of therapeutic leukapheresis will curb the growth of the leukapheresis market, whereas the high cost of cellular immunotherapies and blood transfusion safety in developing countries have the potential to challenge market growth.

Data Bridge Market Research analyzes that the global leukapheresis market, which was USD 33,949.12 million in 2023, would rocket up to USD 60,785.85 million by 2030, and is expected to undergo a CAGR of 8.16% during the forecast period. “Multivitamin” dominates the product type segment of the market due to increasing awareness about leukapheresis.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Leukapheresis is a medical procedure that involves the separation and collection of white blood cells (leukocytes) from a patient’s blood. It is typically performed using specialized apheresis devices that employ centrifugation or filtration techniques to isolate and remove the white blood cells.

Leukapheresis is primarily used in the field of hematology and oncology for various purposes, including the collection of leukocytes for research purposes, the production of cellular therapeutics, and the treatment of certain blood disorders and cancers. The collected leukocytes can be further processed, manipulated, or infused back into the patient as part of therapeutic procedures.

Drivers

  • Increasing Prevalence of Blood Cancer

The rising incidence of blood cancers such as leukemia and lymphoma is one of the primary drivers of the leukapheresis market. Leukapheresis is commonly used for the collection of leukocytes from patients with blood cancer for various therapeutic purposes.

  • Growing Demand for Stem Cell Transplantation

Leukapheresis plays a crucial role in stem cell transplantation procedures. As the demand for stem cell-based therapies continues to increase for the treatment of various diseases, including blood disorders, leukapheresis is experiencing significant growth.

  • Supportive Reimbursement Policies

Favorable reimbursement policies by government and private insurance companies for leukapheresis procedures have encouraged their adoption. Reimbursement coverage for leukapheresis in the treatment of blood disorders and stem cell transplantation has positively influenced market growth.

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Some of the major players operating in the global leukapheresis market are:

  • Asahi Kasei Medical Co. Ltd (Japan)
  • Haemonetics Corporation (U.S.)
  • TERUMO BCT INC. (U.S.)
  • STEMCELL Technologies Inc. (Canada)
  • Fresenius SE & Co. KGaA (Germany)
  • HemaCare (U.S.)
  • B. Braun Melsungen AG (Germany)
  • Caltag Medsystems Limited (U.K.)
  • AllCells (U.S.)
  • StemExpress (U.S.)
  • Precision for Medicine, Inc. (U.S.)
  • Lonza (Switzerland)
  • BioIVT (U.S.)
  • Lmb Technologie GmbH (Germany)
  • Grifols, S.A (Spain)
  • Kaneka Pharma Europe NV (U.S.)

Leukapheresis Market Scope

The global leukapheresis market is segmented into three notable segments based on type, application, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.

Type

  • Leukapheresis Devices
  • Apheresis Devices
  • Leukapheresis Columns
  • Cell Separators
  • Leukoreduction Filters
  • Leukapheresis Disposables

Application

  • Research Applications
  • Therapeutic Applications

End User

  • Blood Component Providers and Blood Centres
  • Academic and Research Institutes
  • Pharmaceutical and Biotechnology Companies
  • Hospitals and Transfusion Centres

Investing in this study will provide you with access to valuable information, which includes:

  1. Thorough industry coverage on a global scale, with detailed breakdowns by region.
  2. In-depth analysis of regional markets, encompassing North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
  3. Country-specific market size breakdowns for key countries with significant market shares.
  4. Comprehensive data on market share and revenue/sales from leading industry players.
  5. Examination of market trends, such as emerging technologies, products, and startups, along with PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
  6. Detailed market size data, including segmentations by application and industry verticals.
  7. Projections and forecasts for the future growth and development of the market.

This Market Intelligence Report Analyses Some of the Most Crucial Concerns:

  1. Anticipated developments in the major segments of the international market in the coming years.
  2. Identification of key players poised to dominate the market in the future.
  3. Assessment of the leading suppliers and producers in this industry.
  4. Examination of growth and expansion strategies implemented by successful industry players.
  5. Insight into sectors expected to experience the most significant demand growth in the near future.
  6. Analysis of the various buyer segments within this market.
  7. Prediction of the regional powerhouse likely to emerge as the dominant player in the international market.
  8. Exploration of the potential impact of a new coronavirus pandemic.
  9. Evaluation of challenges faced by established market players due to the entry of newcomers and strategies to overcome them.

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