Autotransfusion Devices Market Latest Trends, Size, Share, Growth Analysis, and Forecast 2031

The 2023 report on the “Autotransfusion Devices  Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.

Global Autotransfusion Devices Market is valued approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2029. Autotransfusion devices are commonly used to collect and reinfuse the patient’s blood. The use of autologous blood transfusions to prevent infections brought on by allogeneic blood transfusions is made possible by these systems, that play a key role in cell salvage techniques.

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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.

These devices are used in invasive procedures for the heart, the joints, the nervous system, obstetrics, and gynecologist. Systems can be divided into intraoperative systems, post-operative systems, and dual-mode systems. The key factor driving the market growth is rising number of surgical procedures, rising prevalence of cardiovascular diseases, and scarcity of donated blood/allogenic blood. Thus, create the lucrative demand for the market during forecast period.

Blood transfusions and Intraoperative & postoperative cell salvage are essential parts of blood conservation during any surgical treatment. A growing number of high-bleeding surgeries and the emphasis on avoiding problems from allogeneic transfusions are also anticipated to fuel the growth of the global market over the forecast period. According to, The American Academy of Orthopaedic Surgeons (AAOS) and the Agency for Healthcare Research and Quality (AHRQ) estimate that every year in the United States, approximately 700,000 knee replacement procedures and about 450,000 hip replacement procedures are performed.

The University of Alabama revealed in a 2021 article that 320,000 coronary artery bypass grafting surgeries were carried out in the United States year 2020. Additionally, rising technological advancement in the autotransfusion system would create the lucrative opportunity for the market during forecast period. However, the lack of skilled technicians for handling the autotransfusion system stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Autotransfusion Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the better health care infrastructure and facilities, increasing number of patient suffering from orthopedic diseases, cardiovascular diseases, and increase in geriatric population. Whereas, Asia Pacific is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rising number of surgical procedures and growing investment on the developing healthcare infrastructure would create lucrative growth prospects for the Autotransfusion Devices market across Asia Pacific region.

Major market players included in this report are:

LivaNova PLC (U.K.)

Medtronic (Ireland)

Haematonics Corporation (U.S.)

Fresenius SE & Co. KGaA (Germany)

BD (Becton, Dickinson, and Company) (U.S.)

Beijing Jingjing Medical Equipment Co., Ltd. (China)

ProCell Surgical Inc. (U.S.)

Teleflex Incorporated (US)

Atrium Medical Corporation (US)

SARSTEDT Corporation (Germany)

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Recent Developments in the Market:

In 2020, ProCell Surgical Inc. launched the ProCell, its first medical device developed to efficiently automate the manual and obsolete activity of surgical sponge-blood recovering for intraoperative autotransfusion.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Autotransfusion Systems

Consumables & Accessories

By Application:

Cardiovascular Surgeries

Orthopedic Surgeries

Neurological Surgeries

Obstetrics & Gynecological Surgeries

By End-User:

Hospitals

Specialty Clinics

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By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Some of the Key Questions Answered in this Report:

Market dimension: What is the size of the market at the regional and country level?

Drivers, restraints, opportunities, and challenges: What are the key factors influencing the market and how are they expected to impact it?

International revenue, manufacturing value, consumption value, import and export: What is the economic value and trade dynamics of the market across different regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa)?

Key producers and their working state of affairs: Who are the leading manufacturers in the market industry and what is their current capacity, production, sales, pricing, costs, gross, and revenue?

Possibilities and threats for market carriers: What opportunities and challenges are faced by the vendors in the global market industry?

Incremental growth prospects for application/end-users and product types: Which specific applications or product types are expected to experience growth opportunities? What is the market share of each type and application?

Targeted strategies and constraints: What strategies are being implemented and what constraints are affecting the market?

Sales, marketing, and distribution channels: What are the different channels used for sales, marketing, and distribution in the global industry?

Upstream raw materials, production equipment, and manufacturing process: What are the raw materials, production equipment, and manufacturing processes involved in the market?

Key market trends: What are the significant trends impacting the growth of the market?

Economic impact and development trends: How does the market industry impact the economy, and what are the development trends within the market?

Overall, the report provides comprehensive insights into the market’s size, drivers, challenges, key players, opportunities, trends, and economic impact, offering a holistic understanding of the market industry.

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