Autotransfusion Devices Market | 2021 Size, Growth, Share, Cap, Regional Analysis With Global Industry Forecast To 2027. The global autotransfusion devices market size is predicted to reach USD 320.5 million by 2026, exhibiting a CAGR of 3.2% during the forecast period. The shortage of allogeneic blood and surge in invasive surgeries in developed as well as developing countries will boost the autotransfusion devices market trends in the forthcoming years. According to a survey conducted by World Health Organization (WHO) in 2016, the patient group over 60 years had the highest consumption of allogeneic blood, accounting for an estimated 79.0% of the total blood transfusion that took place in the developed regions. Moreover, the increasing number of surgical procedures and surge in critical injuries are factors expected to fuel demand for autotransfusion devices in the foreseeable future.
Leading Players operating in the Autotransfusion Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Haemonetics Corporation
- LivaNova PLC
- Fresenius SE & Co. KGaA
- BD (Becton, Dickinson, and Company)
- Beijing Jingjing Medical Equipment Co., Ltd.
- Other Prominent Players
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Rising Number of Surgical Procedures to Present Lucrative Opportunities for the Market
The increasing number of surgical procedures due to the utilization of intraoperative & postoperative cell salvage will bolster healthy growth of the market during the forecast period. The rising awareness regarding the complications associated with allogeneic transfusions will contribute positively to the growth of the autotransfusion devices market in the forthcoming years. The rising number of high-bleeding surgeries among patients in developed as well as developing countries will also foster the growth of the market in the forthcoming years. Additionally, the increasing cases of hip and knee replacements are predicted to fuel demand for autotransfusion devices, which, in turn, will boost the autotransfusion devices market revenue.
According to a study conducted by the Department of Surgery, University of Pennsylvania, Philadelphia, US, the number of open hernia procedures surged to an estimation of 12.0% during 2009-2013 in the U.S. Moreover, the growing cases of cesarean section procedures will accelerate autotransfusion devices market share in the foreseeable future. For instance, according to OECD, the number of cesarean section procedures in the UK grew from 204,057 in 2016 to 206,620 in 2017.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
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- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
This report focuses on Automotive Active Health Monitoring System Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Robust Healthcare Infrastructure to Boost Revenue in North America
North America generated a revenue of USD 125.8 million in 2018 and is projected to remain dominant in the autotransfusion devices market during the forecast period. The rising inclination towards autologous blood transfusion in major cardiovascular & orthopedic surgeries will support the growth of the autologous blood transfusion devices market in North America. The developed healthcare infrastructure will further contribute to the growth of the market in North America. In Europe, the rapidly increasing number of surgeries coupled with a strong emphasis on the adoption of intraoperative and postoperative cell salvage techniques are likely to offer substantial growth opportunities for the market. Additionally, growing efficiency in blood transfusion devices in countries such as the UK, France, Germany, and others will further foster the growth of the market in Europe. According to a study conducted by Cochrane in 2010, the use of autotransfusion systems in orthopedic and cardiovascular surgical procedures showed an average saving of 0.7 units of blood per patient. These factors together are expected to aid the expansion of the market in Europe.
Detailed Table of Content:
1 Autotransfusion Devices Market Overview
1.1 Autotransfusion Devices Product Overview
1.2 Autotransfusion Devices Market Segment by Type
1.3 Global Autotransfusion Devices Market Size by Type (2015-2027)
1.3.1 Global Autotransfusion Devices Market Size Overview by Type (2015-2027)
1.3.2 Global Autotransfusion Devices Historic Market Size Review by Type (2015-2021)
220.127.116.11 Global Autotransfusion Devices Sales Market Share Breakdown by Type (2015-2027)
18.104.22.168 Global Autotransfusion Devices Market Share Breakdown by Type (2015-2027)
22.214.171.124 Global Autotransfusion Devices Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Autotransfusion Devices Market Size Forecast by Type (2021-2027)
126.96.36.199 Global Autotransfusion Devices Sales Market Share Breakdown by Application (2021-2027)
188.8.131.52 Global Autotransfusion Devices Revenue Market Share Breakdown by Application (2021-2027)
184.108.40.206 Global Autotransfusion Devices Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Autotransfusion Devices Sales Breakdown by Type (2015-2027)
1.4.2 Europe Autotransfusion Devices Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Autotransfusion Devices Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Autotransfusion Devices Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Autotransfusion Devices Sales Breakdown by Type (2015-2027)
2 Global Autotransfusion Devices Market Competition by Company
2.1 Global Top Players by Autotransfusion Devices Sales (2015-2021)
2.2 Global Top Players by Autotransfusion Devices Revenue (2015-2021)
2.3 Global Top Players Autotransfusion Devices Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Autotransfusion Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Autotransfusion Devices Market Competitive Situation and Trends
2.5.1 Autotransfusion Devices Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Autotransfusion Devices Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Autotransfusion Devices as of 2019)
2.7 Date of Key Company Enter into Autotransfusion Devices Market
2.8 Key Company Autotransfusion Devices Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Autotransfusion Devices Status and Outlook by Region (2015-2027)
3.1 Global Autotransfusion Devices Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Autotransfusion Devices Market Size Market Share by Region (2015-2021)
3.2.1 Global Autotransfusion Devices Sales Market Share by Region (2015-2021)
3.2.2 Global Autotransfusion Devices Revenue Market Share by Region (2015-2021)
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Reasons to Purchase this Report:
- Comprehensive analysis of the Autotransfusion Devices Market growth drivers, obstacles, opportunities, and other related challenges.
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- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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