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United States Apheresis Market Forecast 2021-2026

KEY FINDINGS

The United States apheresis market is estimated to progress with a CAGR of 8.27% over the forecast period. Factors such as the surging need for blood components, the increasing numbers of clinical trials associated with apheresis, the rising concerns about blood safety, and the growing focus on treating different diseases through the apheresis technique are expected to supplement the country's market growth. The base year considered for the market study is 2020, and the forecasted period is from 2021 to 2026.

MARKET INSIGHTS

As per the National Clinical Trial Registry, as of June 2020, there are nearly 53 ongoing clinical trials related to apheresis in the United States for diverse indications throughout different development phases. This aspect is projected to significantly bolster the market studied, owing to the increased focus on treating multiple conditions through the apheresis technique.

In addition, the growing awareness about apheresis treatment further contributes to the country's market growth. This is primarily accredited to the efforts established by the American Society for Apheresis (ASFA) to advance apheresis medicine for practitioners, donors, and patients, by means of advocacy, research, evidence-based practice, and education, among others. Furthermore, Baxter International Inc received 510(k) clearance for the PrisMax system in July 2019, the integrated TherMax blood warmer, as well as the next-generation platform of the company for continuous renal replacement therapy. As a result, these factors are set to play a crucial role in propelling the apheresis market in the United States during the estimated period.

COMPETITIVE INSIGHTS

Leading companies operating in the market include Baxter International Inc, Cerus Corporation, HemaCare Corporation, etc.

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United States Apheresis Market Forecast 2021-2026
Published By :Inkwood Research
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