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Leukapheresis Market by Product (Disposables, Devices), by Application (Therapeutic, Research), by End-use (Blood component providers and blood centers, Academic and research institutes, Pharmaceutical and biotechnology companies, Hospital and transfusion centers), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by Middle East and Africa (South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Leukapheresis Market was valued at USD 281.8 Million in 2023 and is projected to reach USD 650.74 Million by 2032, with an expected CAGR of 12.7% during the forecast period. The Leukapheresis market centers on a medical technique that selectively extracts white blood cells (leukocytes) from an individual's blood. This method is frequently utilized in the management of different ailments, such as leukemia, lymphoma, and autoimmune disorders, in addition to specific clinical trials for cancer immunotherapy. Leukapheresis is especially advantageous in cases where excessive white blood cell production may result in complications, like in chronic lymphocytic leukemia (CLL) or during processes needing stem cell collection. The market is propelled by the rising incidence of blood cancers, progress in cellular therapies, and an increasing emphasis on personalized medicine. Furthermore, the increasing demand for stem cell and organ transplant procedures is aiding market expansion. Technological advancements in leukapheresis equipment, providing better efficiency, safety, and comfort for patients, are increasing the attractiveness of this market. As healthcare systems focus on precise therapies and managing complex conditions, the leukapheresis market is set for sustained growth, fueled by advancements in automation and less invasive methods.
The market is characterized by a high degree of concentration among leading players. The top three companies, Baxter International Inc., Haemonetics Corporation, and Terumo BCT, Inc., collectively account for over 60% of the global market share. Significant investments in research and development, proprietary technologies, and strategic acquisitions have contributed to the dominance of these players. Moreover, the market is regulated by stringent safety and quality control standards, which present barriers to entry for new entrants.
Key market trends include the growing adoption of automated and high-throughput leukapheresis systems to enhance efficiency and reduce costs. Advancements in cell and gene therapies are also driving demand for leukapheresis procedures to collect stem cells and immune cells for therapeutic applications. Furthermore, the increasing use of leukapheresis in research settings, particularly in cancer and immunology research, is contributing to market expansion.
North America holds the largest market share due to a high prevalence of chronic diseases, well-established healthcare infrastructure, and government initiatives to support blood donation and transfusion services. Europe follows closely, with a significant market presence in countries such as Germany, France, and the United Kingdom.
Among the segments, the therapeutic application segment accounts for the largest market share, driven by the rising incidence of hematological disorders and autoimmune diseases. The disposable segment holds the largest share in the product segment due to its single-use nature, which ensures safety and reduces the risk of infections.
The market is poised for significant growth over the forecast period. The increasing burden of hematological disorders and autoimmune diseases, coupled with advancements in cell and gene therapies, is expected to drive market demand. Technological advancements, such as the development of automated and high-throughput systems, will further contribute to market growth.
February 2024: Miltenyi Biotec expands into India by opening the Miltenyi Innovation and Technology Center, as a Center of Excellence for Cell and Gene Therapy (CGT). This expansion underlines Miltenyi Biotec's dedication to advancing CGT and innovation in the biotechnological sector.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.7% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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