Pathogen Reduction Systems Market to Undergo Significant Growth in Coming Years

Increasing prevalence of infectious diseases and surging demand for plasma protein to drive the growth of global pathogen reduction systems market

According to TechSci Research report, “Global Pathogen Reduction Systems Market By Type (Platelet Pathogen Reduction, Plasma Pathogen Reduction), By Application (Viruses, Fungi, Bacteria), By Product (Automated, Semi-Automated), By End User (Hospitals, ASCs, Blood Banks), By Region, Forecast & Opportunities, 2025”, the global pathogen reduction market is expected to witness significant rate of growth during the forecast period. There are several factors behind the growth of this market such as increasing research and development activities for development of new pathogen systems, which will lead to innovative and more effective treatments for the blood receiver. The rising prevalence of infectious diseases around the world is also accelerating the demand for pathogen reduction systems. Additionally, people are now more aware towards maintaining a healthy lifestyle and the government is also spending on providing best healthcare facilities. This is acting as a major factor for the growth of pathogen reduction systems globally. Moreover, the manufacturers are continuously undergoing clinical trials to increase their product portfolio. Along with this, increasing demand for plasma protein is also fueling the growth of pathogen reduction systems market. Furthermore, recent outbreak of COVID-19 is also anticipated to increase the demand for these systems around the world.

However, there are some factors restricting the growth of global pathogen reduction systems market. Lack of fair reimbursement is posing as a challenge before manufacturers. Also, for introduction of pathogen reduction treatments, many countries require not only the CE mark but licensing with the respective authorities, as treatment for pathogen reduction is regarded as creating a ‘new’ blood product.

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The global pathogen reduction systems market is segmented based on type, application, product, end user and region. Based on type, the market is segmented into platelet pathogen reduction and plasma pathogen reduction. The latter segment is the fastest growing segment in pathogen reduction systems market as emerging infections and bacterial contamination have led to an increasing demand for plasma pathogen reduction. Based on end user, the global pathogen reduction systems market is segmented into hospitals, ASCs and blood banks. The hospital segment accounts for largest market share as most of the tests to detect the presence of infections is carried out in hospitals. Also, pathogen reduction systems need trained professionals and therefore, most of the operation is conducted in hospitals.

Major players operating in the global pathogen reduction systems market include Terumo BCT, Inc., Macopharma SA, Cerus Corporation, AngioDynamics, Inc. and Octapharma AG. The market players are investing in R&D activities to increase their product portfolio. This will not only enhance their brand positioning but will also lead to development of advanced and novel methods for pathogen reduction. Governments and health organizations are also granting funds for development of more such medical devices, which is anticipated to provide a huge growth opportunity for pathogen reduction systems industry.

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“North America currently dominates the global pathogen reduction systems market due to wide product availability and presence of advanced healthcare infrastructure in the region. However, the market is witnessing surging demand from Asia-Pacific region, prominently China. The country leads in the manufacture of pathogen reduction systems. Hence, marketers need to focus on budding markets like Asia-Pacific to increase their market reach,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Pathogen Reduction Systems Market By Type (Platelet Pathogen Reduction, Plasma Pathogen Reduction), By Application (Viruses, Fungi, Bacteria), By Product (Automated, Semi-Automated), By End User (Hospitals, ASCs, Blood Banks), By Region, Forecast & Opportunities, 2025”has evaluated the future growth potential of global pathogen reduction systems market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global pathogen reduction systems market.

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