Therapeutic Plasma Exchange Market Growth Opportunities and Forecast till 2030
The Global Therapeutic Plasma Exchange Market Size valued for USD 1.6 Billion in 2021 and is anticipated to reach USD 3.0 Billion by 2030 with a CAGR of 7.5% from 2022 to 2030.
Therapeutic plasma exchange (TPE) provides an immediate and scientifically supported intervention for the removal of a variety of toxic molecules and pathogenic antibodies by centrifugal separation of plasma or plasma membrane filtration. After chimeric antigen receptor T-cell therapy, severe cytokine release syndrome (CRS) has been successfully treated with TPE, tocilizumab, and steroids (CAR-T). Patients with cancer are treated as part of a trial using therapeutic plasma exchange. In vitro technology is used in therapeutic plasma exchange to remove pathogenic components from the plasma and then return the replacement and remaining elements to the patient to aid in healing. The development of therapeutic plasma exchange offers new hope for the treatment of cancer; however, the evidence currently in favor of therapeutic plasma exchange is debatable, and the majority of the data comes from prospective studies, lacking significant prospective randomized trials.
Parameter |
Therapeutic Plasma Exchange Market |
Therapeutic Plasma Exchange Market Size in 2021 |
US$ 1.6 Billion |
Therapeutic Plasma Exchange Market Forecast By 2030 |
US$ 3.0 Billion |
Therapeutic Plasma Exchange Market CAGR During 2022 – 2030 |
7.5% |
Therapeutic Plasma Exchange Market Analysis Period |
2018 - 2030 |
Therapeutic Plasma Exchange Market Base Year |
2021 |
Therapeutic Plasma Exchange Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Disease Indication, By End-User, and By Region |
Therapeutic Plasma Exchange Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Asahi Kasei Corporation, Baxter International, Inc., Terumo Corporation, B. Braun Melsungen AG, Fresenius Kabi AG, Kawasumi Laboratories, Inc., Haemonetics Corporation, Cerus Corporation, Hemacare Corporation, and Medica S.p.A. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Therapeutic Plasma Exchange Market Dynamics
The increase in therapeutic plasma exchange applications, the prevalence of chronic diseases, and the extensive research and clinical trials being conducted to evaluate the effectiveness of plasma exchange over other therapies are the factors anticipated to drive the market's growth during the forecast period. A central line catheter or needle is inserted during this therapy to gradually withdraw small amounts of blood, which is then circulated through a device that separates the blood into red blood cells, white blood cells, platelets, and plasma. Blood is drawn, its plasma portion removed, replaced with a plasma substitute, added back to the cells (red, white, and platelets), and then given back via intravenous or central venous catheter access. Plasma that was removed is thrown away. In one procedure, 65% to 70% of the disease-causing enzymes (antibodies) in the plasma are typically eliminated. Usually, several steps are required to bring about clinical improvement. A safe procedure, plasma exchange has a few potential side effects.
The world's second leading cause of death is increasingly cancer. Surgery, chemotherapy, radiotherapy, hormone therapy, and various combination therapies are examples of traditional treatment modalities. Although emerging molecular and targeted therapies are included in modern treatment plans, their ability to increase survival is still limited. People are looking for novel approaches to stop the spread of cancer and possibly even find a cure. One such method is therapeutic plasma exchange (TPE) therapy. Since it was first developed more than 50 years ago, plasma replacement treatment has grown to be a popular and generally secure medical procedure. Although it is typically used as a supplement to treatment, it can be used as the first line of treatment for some diseases, such as thrombotic thrombocytopenic purpura.
Therapeutic Plasma Exchange Market Insights
The global therapeutic plasma exchange market is split on the disease indication, end-user, and geography.
Based on disease indication, the market is segmented as nephrology disorders, renal disorders, hematology disorders, and metabolic disorders. By end-user the market is segmented as hospitals, specialty clinics, and ambulatory surgical centers. According to disease indication, the market is expected to be dominated by the segment for neurological disorders. Certain neurological conditions can be effectively treated with therapeutic plasma exchange, which is also suggested as the first line of treatment in these cases.
According to end-user, the hospital sector accounted for a sizable portion of the market in 2021. During the forecast period, the segment is anticipated to grow at the fastest rate. The dominance of the hospital sector is attributed to an increase in autoimmune disease patients as well as a rise in the number of patients using Medicare and other reimbursement programmes.
Global Therapeutic Plasma Exchange Market Geographical Competition
The North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa regions make up the five geographical segments of the global therapeutic plasma exchange market. In the coming years, the therapeutic plasma exchange market in North America is expected to grow significantly, while the market in Asia Pacific will expand at the fastest rate. One of the key elements fueling the regional expansion of the therapeutic plasma exchange market is technological advancement.
Global Therapeutic Plasma Exchange Industry Segment Analysis
Therapeutic Plasma Exchange Market By Disease Indication
· Neurological Disorders
· Renal Disorders
· Hematology Disorders
· Metabolic Disorders
Therapeutic Plasma Exchange Market By End-User
· Hospitals
· Specialty Clinics
· Ambulatory Surgical Centers
Therapeutic Plasma Exchange Market Leading Companies
This section of the study honors the market's top vendors Asahi Kasei Corporation, Terumo Corporation, Baxter International, Inc., B. Braun Melsungen AG, Haemonetics Corporation, Kawasumi Laboratories, Inc., Cerus Corporation, Hemacare Corporation, Fresenius Kabi AG, Medica S.p.A., and among others.
Therapeutic Plasma Exchange Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa