Therapeutic Plasma Exchange Systems Market Outlook to 2030
Therapeutic Plasma Exchange Systems Market Overview
The therapeutic plasma market is rapidly emerging with the growing prevalence of chronic conditions across the world. Further, technological advancements in medical devices are encouraging wide adoption across hospitals and clinical settings.
Increased preference for use in the treatment of diverse chronic conditions is encouraging market growth for Therapeutic Plasma Exchange Systems across developed and developing countries. Most manufacturing companies are focusing on launching low-cost Therapeutic Plasma Exchange Systems to cater to strong demand growth from emerging markets.
The therapeutic plasma exchange procedures involve the passage of the patient’s blood through the apheresis machine and using filters, the plasma is removed with reinfusion of red blood cells along with replacement fluid such as plasma or albumin into the patient.
During the COVID-19 pandemic period, the plasma exchange procedure was used for the treatment of the infection in adults with severe COVID-19. In August 2020, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for investigational convalescent plasma for the treatment of COVID-19. However, plasma therapy proved ineffective in halting Covid-19, and the usage widely fluctuated.
On the other hand, the high costs of medical equipment, therapeutic plasma exchange procedure, the dearth of skilled professionals, and the growing rental market will pose challenges to market growth.
Therapeutic Plasma Exchange Systems Market Trend - Technological advancements in TPE systems
High-precision technologies such as continuous-flow centrifugation technology can efficiently separate selected blood constituents such as plasma, leukocytes, platelets, or cells.
Technological advancements including the development of next-generation apheresis devices, equipped with screen navigation, GUI (graphical user interface) displays, automated interface, and other advancements are observed across systems. Advanced TPE systems minimize human intervention and improve the efficiencies of the procedure.
Further, technological advancements encourage the adoption of the systems across a wide range of conditions. Improved comfort and safety profile during the exchange procedure, improved balance control, and other benefits offered by new generation systems drive the penetration of systems.
Therapeutic Plasma Exchange Systems Market Opportunities- Use of therapeutic plasma procedure in pediatric applications
The therapeutic plasma exchange (TPE) treatment involving the removal of pathogenic materials in diverse neurologic, hematologic, renal, and autoimmune diseases in children is widely being assessed.
Currently, the penetration among the pediatric population is limited and the use is mostly based on retrospective, single-center experiences. Treatment of autoimmune diseases, Guillain-Barré syndrome (GBS), renal diseases, atherosclerosis, and other conditions are supporting the market growth.
Technological advancements and successful clinical trials on pediatric patients are encouraging adoption in children. During the COVID-19 pandemic, an increased number of procedures in pediatric patients were observed.
Therapeutic Plasma Exchange Systems Market Share Analysis- Neurological Disorders offer strong growth potential
Plasma exchange in patients with neurological disorders is predominantly associated with presumed aberrant humoral immune responses, including myasthenia gravis, Guillain-Barré syndrome, chronic inflammatory demyelinating polyneuropathy, and others.
Guillain-Barré syndrome (GBS)
It is a rare condition in which the peripheral nerves are inflamed, resulting in paralysis and sensory disturbance. Guillain-Barré syndrome includes acute inflammatory demyelinating polyradiculoneuropathy, acute motor axonal neuropathy, acute motor and sensory axonal neuropathy, Miller Fisher syndrome, and acute pandysautonomia. The plasma exchange procedure is used to remove soluble factors including antibodies from the blood and replaces them with an artificial substitute such as an albumin solution.
Chronic inflammatory demyelinating polyneuropathy
Chronic inflammatory demyelinating polyneuropathy is a progressive or relapsing paralyzing disease caused by inflammation of the peripheral nerves. The rare type of autoimmune disorder is treated using immunomodulators. Alternatively, the plasmapheresis procedure involves blood removal and separating the components that cause CIDP from the plasma.
Myasthenia gravis
Patients with Myasthenia gravis (MG) are treated with therapeutic plasma exchange (TPE) wherein the plasma containing harmful antibodies is replaced with disease-free replacement fluid.
Multiple sclerosis
Multiple sclerosis is a chronic disease that affects the central nervous system. Different types of conditions such as clinically isolated syndrome, Relapse-remitting MS, Primary progressive MS, and Secondary progressive MS are observed in the patients.
PANDAS
PANDAS is short for Pediatric Autoimmune Neuropsychiatric Disorders Associated with Streptococcal Infections. Therapeutic plasma apheresis is used for the reversal of PANDAS treatment in children and adolescents.
Therapeutic Plasma Exchange Systems Market Segmentation
Disease
Product
Applications
Regions
Companies
1. Executive Summary
1.1 Introduction to Therapeutic Plasma Exchange Systems Markets
1.2 Therapeutic Plasma Exchange Systems Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in the Therapeutic Plasma Exchange Systems Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Therapeutic Plasma Exchange Systems Market Trends
3.1.1 Chronic conditions are on the rise
3.1.2 Technological advancements in TPE systems
3.1.3 Use of therapeutic plasma procedure in pediatric applications
3.2 Key Therapeutic Plasma Exchange Systems Market Growth Drivers
3.2.1 Increasing geriatric population
3.2.2 Rapid adoption in hospitals
3.3 Key Therapeutic Plasma Exchange Systems Market Growth Restraints
3.3.1 Complexity of the procedure
3.3.2 High costs involved in the procurement of devices
4 Therapeutic Plasma Exchange Systems Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Therapeutic Plasma Exchange Systems Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Therapeutic Plasma Exchange Systems Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Therapeutic Plasma Exchange Systems Market Size Outlook to 2030
5. Therapeutic Plasma Exchange Systems Market Segmentation- Outlook by Disease
5.1 Therapeutic Plasma Exchange Systems Market Share Analysis by Disease, 2023
5.2 Neurological Disorders Market Outlook to 2030
5.3 Cardiovascular Disorders Market Outlook to 2030
5.4 Hematology Disorders Market Outlook to 2030
5.5 Renal Disorders Market Outlook to 2030
5.6 Other Diseases Market Outlook to 2030
6. Therapeutic Plasma Exchange Systems Market Segmentation- Outlook by Product
6.1 Therapeutic Plasma Exchange Systems Market Share Analysis by Product, 2023
6.2 Apheresis Machine Market Outlook to 2030
6.3 Filters: Therapeutic Plasma Exchange Systems Market Outlook to 2030
6.4 Others
7. Therapeutic Plasma Exchange Systems Market Segmentation- Outlook by Application
7.1 Therapeutic Plasma Exchange Systems Market Share Analysis by Application, 2023
7.2 Hospitals: Therapeutic Plasma Exchange Systems Market Outlook to 2030
7.3 Ambulatory Surgical Centers: Therapeutic Plasma Exchange Systems Market Outlook to 2030
7.4 Others: Therapeutic Plasma Exchange Systems Market Outlook to 2030
8. North America Therapeutic Plasma Exchange Systems Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 North America Therapeutic Plasma Exchange Systems Market Growth Opportunities
8.2.1 North America Therapeutic Plasma Exchange Systems Market Outlook by Type, 2021 to 2030
8.2.2 North America Therapeutic Plasma Exchange Systems Market Outlook by Application, 2021 to 2030
8.2.3 North America Therapeutic Plasma Exchange Systems Market Outlook by Country, 2021 to 2030
8.3 United States Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
8.4 Canada Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
8.5 Mexico Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9. Europe Therapeutic Plasma Exchange Systems Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Europe Therapeutic Plasma Exchange Systems Market Growth Opportunities
9.2.1 Europe Therapeutic Plasma Exchange Systems Market Outlook by Type, 2021 to 2030
9.2.2 Europe Therapeutic Plasma Exchange Systems Market Outlook by Application, 2021 to 2030
9.2.3 Europe Therapeutic Plasma Exchange Systems Market Outlook by Country, 2021 to 2030
9.3 Germany Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9.4 France Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9.5 United Kingdom Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9.6 Spain Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9.7 Italy Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
9.8 Other Europe Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10. Asia Pacific Therapeutic Plasma Exchange Systems Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 Asia Pacific Therapeutic Plasma Exchange Systems Market Growth Opportunities
10.2.1 Asia Pacific Therapeutic Plasma Exchange Systems Market Outlook by Type, 2021 to 2030
10.2.2 Asia Pacific Therapeutic Plasma Exchange Systems Market Outlook by Application, 2021 to 2030
10.2.3 Asia Pacific Therapeutic Plasma Exchange Systems Market Outlook by Country, 2021 to 2030
10.3 China Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10.4 Japan Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10.5 India Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10.6 South Korea Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10.7 Indonesia Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
10.8 Other Asia Pacific Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
11. South and Central America Therapeutic Plasma Exchange Systems Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 South and Central America Therapeutic Plasma Exchange Systems Market Growth Opportunities
11.2.1 South and Central America Therapeutic Plasma Exchange Systems Market Outlook by Type, 2021 to 2030
11.2.2 South and Central America Therapeutic Plasma Exchange Systems Market Outlook by Application, 2021 to 2030
11.2.3 South and Central America Therapeutic Plasma Exchange Systems Market Outlook by Country, 2021 to 2030
11.3 Brazil Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
11.4 Argentina Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
11.5 Other Latin America Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12. Middle East and Africa Therapeutic Plasma Exchange Systems Market Outlook and Opportunities to 2030
12.1 Market Snapshot, 2023
12.2 Middle East and Africa Therapeutic Plasma Exchange Systems Market Growth Opportunities
12.2.1 Middle East and Africa Therapeutic Plasma Exchange Systems Market Outlook by Type, 2021 to 2030
12.2.2 Middle East and Africa Therapeutic Plasma Exchange Systems Market Outlook by Application, 2021 to 2030
12.2.3 Middle East and Africa Therapeutic Plasma Exchange Systems Market Outlook by Country, 2021 to 2030
12.3 Saudi Arabia Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12.4 United Arab Emirates (the UAE) Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12.5 Other Middle East Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12.6 Egypt Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12.7 South Africa Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
12.8 Other Africa Therapeutic Plasma Exchange Systems Market Outlook, 2021 to 2030
13. Profiles of major world Therapeutic Plasma Exchange Systems Companies
13.1 Baxter International Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.2 Terumo Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.3 Asahi Kasei Corp.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.4 B. Braun Melsngen AG
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.5 Fresenius-Kabi AG
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.6 Cerus Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.7 Hemacare Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.8 Terumo Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13.9 Kawasumi Laboratories
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13.10 Haemonetics Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
14. Appendix
14.1 Publisher’s Expertise
14.2 List of Tables and Charts
14.3 List of Exhibits
14.4 Legal Disclaimer
Chronic conditions are on the rise; Technological advancements in TPE systems; Use of therapeutic plasma procedure in pediatric applications; Increasing geriatric population; Rapid adoption in hospitals
The global Therapeutic Plasma Exchange Systems Market Size stood at US$1,490 Million in 2022
The global Therapeutic Plasma Exchange Systems Market Size is poised to register 8.54% growth over the forecast period from 2023 to 2030
Baxter International Inc., Terumo Corporation, Asahi Kasei Corp., B. Braun Melsngen AG, Fresenius-Kabi AG, Cerus Corp, Hemacare Corp, Terumo Corp, Kawasumi Laboratories, Haemonetics Corp
Neurological disorders offer the most potential growth prospects for Therapeutic Plasma exchange system industry stakeholders