Asia Pacific Blood Filter Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Product (40 Microns and 70 Microns, 100 Microns and 170 Microns, and Others), Material (Polycarbonate, Polyester, ABS, and Others), Application (Blood Processing and Blood Transfusion), and End User (Blood Banks, Hospitals, and Others)


No. of Pages: 136    |    Report Code: TIPRE00027046    |    Category: Life Sciences

Asia Pacific Blood Filter Market
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The blood filter market in Asia Pacific is expected to grow from US$ 89,271.35 thousand in 2021 to US$ 1,20,946.24 thousand by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.

 

Aging population and lifestyle changes are leading to a steady increase in the prevalence of chronic medical conditions. The rapidly growing middle-class population and urbanization are driving the adoption of a sedentary lifestyle. The modernization of facilities reduces physical activities among people, while various personal, professional, and societal factors are adding to their stress levels. Arthritis; cardiovascular diseases, e.g., heart attacks and stroke; breast and colon cancer; diabetes; epilepsy and seizures; obesity; and oral health problems are among the leading chronic diseases reported among elderlies in developed countries. Chronic diseases affect public health, societies, and economies in various countries. Blood filters are widely used in various surgical procedures, such as cardiac surgery and other invasive procedures. Chronic diseases such as cancer, cardiovascular diseases, and renal disorders are the major causes of human death. These conditions are generally treated via surgical procedures, which are associated with a chance of excessive blood loss. Thus, these procedures are followed by the infusion of fresh blood to patients or reinfusion of their own blood. Blood filters are used during the blood infusion or reinfusion processes. Therefore, the Asia Pacific blood filter market is growing with the rapid increase in the burden of chronic diseases.

 

Currently, there is no proven specific therapy against COVID-19, and multiple novel and repurposed drugs are being used on an experimental basis. The lack of effective therapeutic options has been a major hurdle in pandemic mitigation measures. Studies show that blood filters result in minimizing the effect of cytokine storm created by COVID-19, which causes major organ destruction and may eventually lead to death in serious conditions. Thus, various companies have been initiating their supply process for the availability of blood filters to meet the dire need for the same in APAC. There are a few contender medicines including an antimalarial drug hydroxychloroquine, an antiviral Remdesivir and Ivermectin, and a drug used against worms and other parasites, but the results are not hugely encouraging and at times conflicting. Thus, plasma therapy gained traction as a cure for COVID-19 patients in India in 2020. Further, medical equipment used to conduct apheresis procedure were installed at many hospitals and blood collection centers; for example, GMCH, Thrissur, installed this machine for the first time in Kerala to administer plasma to a 51-year-old man.

 

 

 

Asia Pacific Blood Filter Market Revenue and Forecast to 2028 (US$ Thousand)

 

  Asia Pacific Blood Filter Market Revenue and Forecast to 2028 (US$ Thousand)
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Asia Pacific Blood Filter Strategic Insights

Strategic insights for the Asia Pacific Blood Filter provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Blood Filter Report Scope

Report Attribute Details
Market size in 2021 US$ 89,271.35 thousand
Market Size by 2028 US$ 1,20,946.24 thousand
Global CAGR (2021 - 2028) 4.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product
  • 40 Microns and 70 Microns
  • 100 Microns and 170 Microns
By Material
  • Polycarbonate
  • Polyester
  • ABS
By Application
  • Blood Processing
  • Blood Transfusion
By End User
  • Blood Banks
  • Hospitals
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Asahi Kasei Corporation
  • Fresenius Kabi AG
  • Haemonetics Corporation
  • Infomed SA
  • KANEKA CORPORATION
  • Kawasumi laboratories. Inc.
  • Macopharma
  • Nanjing Shuangwei Biotechnology Co., Ltd.
  • Sefar AG
  • Shandong Zhongbaokang Medical Implements Co., Ltd
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    Asia Pacific Blood Filter Regional Insights

    The geographic scope of the Asia Pacific Blood Filter refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Blood Filter Market Segmentation      

     

    Asia Pacific Blood Filter Market – By Product

    • 40 Microns and 70 Microns
    • 100 Microns and 170 Microns
    • Others

    Asia Pacific Blood Filter Market – By Material

    • Polycarbonate
    • Polyester
    • ABS
    • Others

     

    Asia Pacific Blood Filter Market – By

    Application

    • Blood Processing
    • Blood Transfusion
      • Whole Blood
      • Red Cell
      • Plasma and Platelet Filtration

     

    Asia Pacific Blood Filter Market – By

    End User

    • Blood Banks
    • Hospitals
    • Others

    Asia Pacific Blood Filter Market– By Country

    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific

    Asia Pacific Blood Filter Market-Companies Mentioned

    • Asahi Kasei Corporation
    • Fresenius Kabi AG
    • Haemonetics Corporation
    • Infomed SA
    • KANEKA CORPORATION
    • Kawasumi laboratories. Inc.
    • Macopharma
    • Nanjing Shuangwei Biotechnology Co., Ltd.
    • Sefar AG
    • Shandong Zhongbaokang Medical Implements Co., Ltd

    The List of Companies - Asia Pacific Blood Filter Market

    1. Asahi Kasei Corporation
    2. Fresenius Kabi AG
    3. Haemonetics Corporation
    4. Infomed SA
    5. KANEKA CORPORATION
    6. Kawasumi laboratories. Inc.
    7. Macopharma
    8. Nanjing Shuangwei Biotechnology Co., Ltd.
    9. Sefar AG
    10. Shandong Zhongbaokang Medical Implements Co., Ltd
    Frequently Asked Questions
    How big is the Asia Pacific Blood Filter Market?

    The Asia Pacific Blood Filter Market is valued at US$ 89,271.35 thousand in 2021, it is projected to reach US$ 1,20,946.24 thousand by 2028.

    What is the CAGR for Asia Pacific Blood Filter Market by (2021 - 2028)?

    As per our report Asia Pacific Blood Filter Market, the market size is valued at US$ 89,271.35 thousand in 2021, projecting it to reach US$ 1,20,946.24 thousand by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Blood Filter Market report typically cover these key segments-

    • Product (40 Microns and 70 Microns, 100 Microns and 170 Microns)
    • Material (Polycarbonate, Polyester, ABS)
    • Application (Blood Processing, Blood Transfusion)
    • End User (Blood Banks, Hospitals)

    What is the historic period, base year, and forecast period taken for Asia Pacific Blood Filter Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Blood Filter Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Asia Pacific Blood Filter Market?

    The Asia Pacific Blood Filter Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Asahi Kasei Corporation
  • Fresenius Kabi AG
  • Haemonetics Corporation
  • Infomed SA
  • KANEKA CORPORATION
  • Kawasumi laboratories. Inc.
  • Macopharma
  • Nanjing Shuangwei Biotechnology Co., Ltd.
  • Sefar AG
  • Shandong Zhongbaokang Medical Implements Co., Ltd
  • Who should buy this report?

    The Asia Pacific Blood Filter Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Blood Filter Market value chain can benefit from the information contained in a comprehensive market report.

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