Leukapheresis Products Market Trends, Size, Regional and Opportunities, Revenue Analysis Till 2027
Leukapheresis Products Market Trends, Revenue Forecast, Competitive Landscape, Growth Factors and Research Report: By Type (Leukapheresis Devices, Leukapheresis Disposables), Application (Research Applications, Therapeutic Applications), End User (Blood Component Provider and Blood Center, Other) -Forecast Till 2027
Leukapheresis
procedure in which white blood cells (WBCs) are separated from a sample of
blood. Leukapheresis is majorly carried out for chronic lymphocytic leukemia.
It is anticipated that the market held a market value of USD 19.2 million in
2017 and is projected to grow at a CAGR of 7.7% over the forecast period.
Currently,
many companies are operating in the global leukapheresis products market. The prominent players in the market are engaged in
strategic collaborations, acquisitions, regional expansion, and new product
launches to strengthen their market position. For instance, in February 2018,
Terumo BCT entered into collaboration with Stafa Cellular Therapy. With this
collaboration, Terumo BCT will act as a distributor for Stafa Cellular Therapy
and will expand its access to StafaCT software to healthcare organizations.
The
factors such as increasing number of blood donations, rising prevalence of
leukemia, and demand for leukapheresis products in clinical research are
anticipated to propel the growth of the market over the forecast period.
According to the National Institutes of Health (NIH) estimates, the number of
new cases of leukemia has increased on an average rate of 0.3% each year over
the period from 2006-2015. It also stated that the number of new cases may
reach 60,300 in the year 2018. Despite the drivers, the high cost of
therapeutic leukapheresis, dearth of skilled professionals, and stringent donor
recruitment criteria may hamper the market growth over the assessment period.
Key
Players:
Some of the
prominent players in the global leukapheresis products market are Haemonetics,
Terumo BCT, Asahi Kasei Medical, STEMCELL Technologies, Macopharma, HemaCare
Corporation, Caltag Medsystem, ALLCells, LLC, ZENBIO, Fresenius Kabi, PPA
Research Group, and StemExpress
Regional
Analysis:
Geographically,
the Americas is anticipated to dominate the global leukapheresis products
market owing to the rising number of blood donations, and growing incidence and
prevalence of leukemia. Europe is anticipated to hold the second largest
position in the global leukapheresis products market. The market growth in this
region is mainly due to the rising prevalence of leukemia and presence of
well-developed healthcare sector in the region. Asia-Pacific region is expected
to be fastest growing region due to the increase in regenerative medicine
research in the region, growth in the number of clinical trials for CAR-T
therapy, and the increasing presence of major pharma and biotech companies. The
Middle East & Africa has the least share of the global leukapheresis
products market owing the poor healthcare infrastructure especially in the
Africa region.
Segmentation:
The global
leukapheresis products market has been segmented into type, application, and
end user. On the basis of type, the market has been segmented into
leukapheresis devices and leukapheresis disposables. The leukapheresis devices
segment has been segmented into apheresis devices, leukapheresis column &
cell separators, and leukoreduction filters.
The market,
by application, has been segmented into research applications and therapeutic
applications.
On the
basis of end user, the market has been segmented into blood component providers
and blood centers, hospitals and transfusion centers, and others.
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