Apheresis Equipment Market Benefits from Rising Demand for Plasma and Plasma Products Health Articles | May 2 Ben Zobrist Jersey , 2016
Transparency Market Research Report Added "Apheresis Equipment Market - Global Industry Analysis, Size, Share, Growth Kris Bryant Jersey , Trends and Forecast 2012 - 2018"
The global market for apheresis equipment is projected to stand at a valuation of US$2.3 bn by 2018, according to Transparency Market Research (TMR). The market intelligence firm also states that the global apheresis equipment market is expected to log a compounded annual growth rate (CAGR) of 11.3% between 2012 and 2013. Although these numbers might seem encouraging, regulators are watching this space more closely than ever before; the market’s growth is certainly not devoid of challenges.
Get Free Sample Research Report:聽
While on one hand growth will occur as a result of a spike in demand for plasma products and plasma itself, the risks associated with the procedure are likely to pose an obstacle to the apheresis equipment market’s growth.
Regulators in the U.S. are Proposing to Classify Apheresis Systems as Class 2 Medical Devices
In a recent development on the regulatory front Kyle Schwarber Jersey , a panel of advisers to the United States Food and Drug Administration (FDA) have stressed on more regulatory scrutiny for medical devices that use centrifugal force on whole blood so as to separate blood components such as plasma and then pump that blood back into the patient. The FDA, in February 2016, convened the Gastroenterology and Urology Devices Panel, which functions under the aegis of the Medical Devices Advisory Committee Yu Darvish Jersey , to receive inputs on how such devices should be regulated.
The fact that this development is occurring in the United States, one of the largest markets worldwide for apheresis equipment will have some impact on the global market too. In the United States, as many as 17 types of centrifuge-based apheresis systems for therapeutic purposes have received a stamp of approval and are on the market, says a report on the Medscape website. However Javier Baez Jersey , these devices have not been assigned to any of the classes created by medical device regulatory authorities via a 1976 law.
The American Society for Apheresis terms apheresis as being an effective first-line therapy for a range of diseases such as Guillain-Barr茅 syndrome, severe cryoglobulinemia, myasthenia gravis, and fulminant Wilson disease Ryne Sandberg Jersey , among others. In several other illnesses, apheresis is used as a second-line treatment. However, of the 1447 reports that were submitted to the agency between 2010 and 2015, 20 reports of deaths were also included.
The FDA has noted that many of the aforementioned diseases have a high rate of morbidity Ernie Banks Jersey , which could also be attributable to the many deaths and adverse events associated with its examination of the Manufacturer and User Facility Device Experience database for apheresis equipment.
Going forward, the agency is proposing to classify apheresis systems as class 2 medical devices. This class includes devices that pose an intermediate degree of risk and such devices are required to undergo a 510K premarket clearance. Also on the cards in the United States is more detailed information on the labels of apheresis equipment and systems. However, a final decision on this front is awaited.
Where do the Growth Opportunities Lie in the Global Apheresis Equipment Market?
The growing interest in using apheresis therapy during anti-aging treatments is expected to have a positive impact on the market’s overall growth. Plasma therapy, for instance Ron Santo Jersey , has been endorsed by numerous celebrities and is on course to becoming a mainstream anti-aging treatment. This opens a new window of opportunity for companies in the global apheresis equipment market.
Full Research Report on Global Apheresis Equipment Market:
There are a wide variety of digital devices individuals make use of every day. Whether you are looking to take benefit of the newest cellular phone, the newest television development, or the next best computing possibility, there is a steady level of progress that allows you to benefit from these devices. When you are looking to identify one of the very best possibilities available for you while it comes to buying a variety of different electronics Andre Dawson Jersey , one of the best options can be seen with using the tools of the on-line atmosphere. By taking complete advantage of all the possibilities that are offered to you from the on-line atmosphere, you will be able to gain from resources such as variety, information, and investments.
Variety
The primary advantage you will be able to get into while you turn to the e-commerce atmosphere of shopping is found with acquiring right of entry to different brands and products. When most individuals are very common with a limited amount of brands David Ross Jersey , there are usually comparable goods which can assist you in saving cash while taking advantage of brand new options you might have not considered before. With the tools within the on-line environment you will be able to discover one of the biggest resources of collection while it comes to purchasing, thus offering you the best opportunities for finding the finest product.
Information
An extra advantage you will find out when you turn to on-line resources to discover the very best electronics can be seen with the info you will be able to access. One of the issues many customers have while trying to find the best digital machine to fit a specific need is that the individual is buying these devices with a very limited level of knowledge. This can severely impact your capacity to recognize the best good to meet your specific needs so the use of an online atmosphere will be highly advantageous. Each and every device will.