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Blood Purification Equipment Market Outlook 2024: Exclusive Report By The Business Research Company | B. Braun Melsungen AG, Baxter International Inc., Nikkiso Co. Ltd., Spectra Medical Inc., Fresenius SE and Co. KGaA, Cerus Corporation, Infomed SA, Asahi
Blood Purification Equipment Market Size
The Business Research Company offers in-depth market insights through Blood Purification Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The blood purification equipment market size has grown strongly in recent years. It will grow from $19.9 billion in 2023 to $21.28 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to increased renal diseases, aging population, government initiatives, growing icu admissions, rising chronic conditions..
The blood purification equipment market size is expected to see strong growth in the next few years. It will grow to $28.71 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to home-based dialysis solutions, focus on cost-effectiveness, renal replacement therapies innovation, personalized treatment, regulatory support.. Major trends in the forecast period include personalized medicine approaches, enhanced connectivity, collaborations and partnerships, expanded applications, multi-modal therapies..
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Market Segmentation:
The blood purification equipment market covered in this report is segmented -
1) By Product Type: Portable, Stationary
2) By Indication: Sepsis, Renal Diseases, Other Indications
3) By End User: Hospitals And Clinics, Dialysis Centers, Other End Users
Major Driver - Blood Purification Equipment Market Surge Driven By Increasing Kidney Transplants
Increasing kidney transplants is expected to propel the growth of the blood purification equipment market going forward. Kidney transplant refers to a surgical procedure in which a healthy kidney from a donor is transplanted into a patient with end-stage renal disease (ESRD) or other severe kidney-related disorders. Blood purification equipment can help in the management of these patients by removing excess medications from the blood, maintaining the balance of electrolytes, and managing fluid levels. For instance, according to the United Network for Organ Sharing, a US-based non-profit scientific and educational organization, in 2022, more than 25,000 kidney transplants were performed in the United States, marking a new annual record and a 3.4% increase over 2021. Therefore, increasing kidney transplants is driving the blood purification equipment market.
Competitive Landscape:
Major companies operating in the blood purification equipment market report are B. Braun Melsungen AG, Baxter International Inc., Nikkiso Co. Ltd., Spectra Medical Inc., Fresenius SE and Co. KGaA, Cerus Corporation, Infomed SA, Asahi Kasei Corporation, Healthwell Medical Tech. Co. Ltd., SWS Medical Group, ExThera Medical Corporation, Stellarray Inc., Medtronic, Toray Medical Co Ltd., NxStage Medical Inc., Nipro Pharma Corporation., WEGO Group, JMS Co. Ltd., Shanwaishan Medical Group, Cytosorbents Corporation, Aethlon Medical Inc., SWS Hemodialysis Care Co Ltd, Jafron Biomedical Co. Ltd., Medica S.p.A., Medivators Inc., Rockwell Medical Inc., Terumo Corporation, Belco, Spiggle & Theis Medizintechnik, Delcon .
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Top Trend - Breakthrough Innovations In Blood Purification Equipment
Major companies operating in the blood purification equipment market are developing innovative products to address the growing demand for blood purification therapy. For instance, in June 2022, Santersus AG, a therapeutic apheresis company, received FDA breakthrough designation for its medical device product, NucleoCapture. The NucleoCapture device is designed to cleanse patient blood of neutrophil extracellular traps (NETs), which have been recognized as a contributing factor in the development of sepsis and other conditions. It is the first-in-class, fully functional product designed to capture and remove circulating NETs from patient blood, allowing safe removal of NETs without compromising the defensive function of neutrophils.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Blood Purification Equipment Market Characteristics
3. Blood Purification Equipment Market Trends And Strategies
4. Blood Purification Equipment Market - Macro Economic Scenario
5. Blood Purification Equipment Market Size And Growth
…..
27. Blood Purification Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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