The North America apheresis equipment market is expected to reach US$ 1,387.38 Mn in 2027 from US$ 755.36 Mn in 2018. The market is estimated to grow with a CAGR of 7.3% from 2019-2027.
The growth of the market is driven by the factors such as, increasing elderly population and increasing incidence of hematologic diseases. However, the market is likely to slower down its growth due to the complications associated with apheresis.
The growing elderly population is the major cause of blood diseases. Aging is a complex process influenced by genetic variables as well as environmental factors. The general aging factors lead to stiffening the heart and blood vessels that lead to heart disorders. Thus, the people with the age of 75 years and above high blood pressure is the common risk factor for the hematological diseases including blood-associated cancer. Management of hematologic disorders in older patients must often be weighed in a setting of decreased physiological reserves and concurrent illnesses.
According to the United Nations World Population Ageing 2017 report, there were 962 million people across the world who were aged 60 years or over and the number is expected to reach nearly 2.1 billion by 2050. In addition, according to the US Census Bureau, the number of Americans above the age of 65 and older is anticipated to grow more than double from 46 million in 2016 to above 98 million by 2060, and the 65-and-older age group’s share in the world’s population will grow around 24% from 15 percent. Thus, the rising geriatric population in the region is likely to grow the apheresis equipment market in the forecast period.
US is expected to lead the market in the North America region owing to a rising number of apheresis procedures & their advancements, rising numbers of apheresis centers, and access to the well-developed infrastructure and others. Therefore, considering the above-mentioned factors the growth of the market in the country is likely to contribute the largest share in the North America region during the forecast period.
Mexico Apheresis Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
NORTH AMERICA APHERESIS EQUIPMENT – MARKET SEGMENTATION
By Product
By Technology
By Procedure
By Therapeutic Area
By End User
By Geography
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 755.36 Million |
| Market Size by 2027 | US$ 1,387.38 Million |
| CAGR (2019 - 2027) | 7.3% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Apheresis Equipment Market is valued at US$ 755.36 Million in 2018, it is projected to reach US$ 1,387.38 Million by 2027.
As per our report North America Apheresis Equipment Market, the market size is valued at US$ 755.36 Million in 2018, projecting it to reach US$ 1,387.38 Million by 2027. This translates to a CAGR of approximately 7.3% during the forecast period.
The North America Apheresis Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Apheresis Equipment Market report:
The North America Apheresis Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Apheresis Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Apheresis Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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