Hemapheresis Market Trends, Size, Competitive Analysis and Forecast - 2018-2023
Posted by nabeel on December 21st, 2020
The global hemapheresis market is projected to showcase considerable growth during the forecast period. Hemapheresis is a medical procedure that involves removing whole blood from a donor’s body for separating and analyzing the individual components of the blood so that the desired blood component can be removed. This procedure is used for the collection of the blood components namely, plasma and platelets.The growth of the market is attributed to the increasing prevalence of chronic diseases that includes CHDs (Coronary Heart Diseases), CVDs (Cardiovascular Diseases), Cancer, neurological disorders, blood disorders among others. In addition, the growing demand for plasma in pharmaceutical and biotechnology companies is further expected to boost the growth of the global hemapheresis market.
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North America is projected to hold a considerable market share owing to the rising prevalence of chronic diseases in the region. According to WHO, the incidence and prevalence rate of heart attacks are highest in North America, which is responsible for 0.7 million fatalities each year. According to the Heart & Stroke Foundation in Canada alone, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease.According to the report of Epilepsy Canada, in 2018, 0.6% of Canadian populations were having epilepsy. According to the National Cancer Institute, in 2018, an estimated 1,735,350 new cases of cancer will be diagnosed in the US. The utility of hemapheresis to treat these diseases is expected to drive the growth of hemapheresis market in North America.
Current market trends covered in the market report
Hemapheresis Market – Segment by Region
Rest of the World
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Joined: November 26th, 2020
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