DUBLIN, Feb. 2, 2023 /PRNewswire/ -- The "Global Blood Purification Devices Market - Analysis by Product Type (Portable, Stationary), Application (Continuous, Haemodialysis, Hemoperfusion), End Users, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
The Global Blood Purification Devices Market was valued at USD 13.65 billion in the year 2021
This market has expanded as a result of numerous developments in the absorption, filtration, and dialysis processes. Due to the inclusion of these devices in numerous essential therapies, the market for blood-purifying devices is expanding.
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care.
Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how dialysis is used to treat kidney failure, the device takes contaminated blood from the body, separates harmful substances, and then returns clean blood to the body.
Americas region is estimated to hold the maximum share in global Blood Purification Devices followed by Europe & APAC. Also, the Asia Pacific is expected to witness fastest growth rate during the forecast period due to the presence of most populated countries such as China & India holding potential factors for the market to grow.
Leaders in the area have decided to invest in technological advancements to make renal replacement treatment more widely used as a result of a noticeable increase in the number of people requiring chronic dialysis. The use of dialysis technology is projected to increase as a result of clinical procedures and R&D initiatives.
One of the main factors propelling the market expansion is the rising incidence of immunological, metabolic, and kidney-related illnesses in different parts of the world. Additionally, the ageing population, which is increasingly vulnerable to diseases including diabetes, hypertension, and renal failure, is fueling market expansion. Other growth-promoting elements include a variety of product breakthroughs, such as the creation of equipment with biofeedback loops and the ability to provide customized dialysis treatments.
Over the past two decades, the need for blood purification therapy has grown significantly. It is now utilized more frequently to treat a variety of illnesses that cannot be treated by traditional therapies including surgery and drug administration.
One of the main elements anticipated to significantly increase the growth of the blood purification equipment market during the projected period is the advancement of bioseparation techniques, including filtration, dialysis, and adsorption. Blood purification therapies are increasingly being used in many parts of the world because to their high degree of effectiveness in the quick and direct elimination of harmful agents.
Scope of the Report
- The report presents the analysis of Alternative Legal Service Providers market for the historical period of 2018-2021, the estimated year 2022 and the forecast period of 2023-2028.
- The report analyses the Blood Purification Devices Market by value (USD Million).
- The report analyses the Blood Purification Devices Market by Type (Portable, Stationary).
- The report analyses the Blood Purification Devices Market by Application - (Continuous Blood Purification, Hemodialysis, Hemoperfusion).
- The report analyses the Blood Purification Devices Market by End Users - (Hospitals & Clinics, Dialysis Centres, Others).
- The Global Blood Purification Devices Market has been analysed by countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, Japan, India, South Korea).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Location and Product.
- Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
The companies analysed in the report include
- Baxter International
- Cerus Corporation
- Cytosorbents Corporation
- Nikkiso Co.Ltd
- Asahi Kasei Corporation
- Aethlon Medical
- Haemonetics
- Jafron
- B. Braun
- Fresenius
Key Metrics
Report Attribute |
Details |
No. of Pages |
260 |
Forecast Period |
2022 - 2028 |
Estimated Market Value (USD) in 2022 |
$14.1 Billion |
Forecasted Market Value (USD) by 2028 |
$18.6 Billion |
Compound Annual Growth Rate |
5.0 % |
Regions Covered |
Global |
Key Topics Covered:
1. Introduction
1.1 Blood Purification Devices Overview
1.2 Scope of Research
2. Executive Summary
2.1 Market Dashboard
2.2 Regional Insights
2.3 Market Ecosystem Factors
3. Research Methodology
3.1 Data Collection Process
3.2 Market Trajectory Estimation
3.3 Market Size Calculation
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Trends
4.5 Impact assessment of Market Dynamics
5. Value Chain Analysis
6. Covid-19 Impact Assessment
6.1 Assessment of Degree of Impact of Covid-19 on Blood Purification Devices Market
6.2 Region-Wise Quarterly Covid Impact Analysis
7. Porter's Five Forces Analysis
8. Macro-Economic Indicator Outlook
8.1 Global, Region wise GDP Growth
8.2 Medical Spending
8.3 Number of Hospitals
8.4 Current Health Expenditure
8.5 Number of Deaths Caused by Kidney Cancer
9. Average Selling Price Analysis
9.1 Average Selling Price Analysis of Blood Purification Devices Market
10. Competitive Positioning
10.1 Companies' Product Positioning
10.2 Market Position Matrix
10.3 Market Share Analysis
10.4 Company Profiles
11. Global Blood Purification Devices Market Trends and Forecast Analysis, 2018-2028, USD Million & CAGR
11.1 Global Blood Purification Devices Market Size, By Value, 2018-2021(USD Million)
11.2 Global Blood Purification Devices Market Size, By Value, 2022-2028 (USD Million)
11.3 Global Blood Purification Devices Market: Summary
12. Global Blood Purification Devices Market Trend And Forecast Analysis, 2018-2028, By Type
12.1 Global Blood Purification Devices Market Trend And Forecast Analysis, By Type: Snapshot
12.2 Portable
12.2 Stationary
13. Global Blood Purification Devices Market Trend And Forecast Analysis, 2018-2028, By Application
13.1 Global Blood Purification Devices Market Trend And Forecast Analysis, By Application: Snapshot
13.2 Continuous Blood Purification
13.3 Hemodialysis
13.4 Hemoperfusion
14. Global Blood Purification Devices Market Trends and Forecast Analysis, 2018-2028, USD Million & CAGR
14.1 Global Blood Purification Devices Market Trend And Forecast Analysis, By End Users: Snapshot
14.2 Hospitals & Clinics
14.3 Dialysis Centers
14.4 Others
15. Global Blood Purification Devices Market Trend And Forecast Analysis, 2018-2028, By Region
15.1 Regional Coverage of the Study
For more information about this report visit https://www.researchandmarkets.com/r/q21t0n-blood?w=5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
Share this article