Report Ocean recently published a new research report on the Autotransfusion Devices Market. In addition to prospective prospects, this study offers a historical analysis of growth, cost structure, revenue, market trends, and capacity (2023-2030). The following section offers comprehensive coverage of the Autotransfusion Devices Market across a number of market categories, in-depth research at the country level, and an assessment of the market’s key drivers, restraints, trends, and opportunities.
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 2023-2030.
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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. 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
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By End-User:
Hospitals
Specialty Clinics
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
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This report answers the following key questions:
- How big is the market as a whole in 2021? What rate of market expansion is anticipated between 2022 to 2030?
- Which region would experience a high demand for goods in the years to come?
- What are the variables promoting the market’s expansion?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have the market players adopted?
With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Examined in the study are:
- Market behavior, risk, and opportunity levels
- An assessment of end-industry behavior and opportunity
- An anticipated timeline for industry recovery.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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