The global autotransfusion devices market is set to gain traction from the increasing adoption of cell salvage as it is capable of lowering the requirement of allogeneic blood transfusion. This will also reduce the risk of adverse complications. This information is given by Fortune Business Insights™ in a new report, titled, “Autotransfusion Devices Market Size, Share & Industry Analysis, By Product Type (Autotransfusion Systems and Consumables & Accessories) By Application (Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics & Gynecological Surgeries, and Others) By End User (Hospitals and Specialty Clinics & Others) and Regional Forecast, 2020-2027.” The report further states that the autotransfusion devices market size was USD 256.7 million in 2019 and is projected to reach USD 307.2 million by 2027, exhibiting a CAGR of 4.1% during the forecast period.
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COVID-19 Pandemic to Affect Growth Stoked by Reduced Surgical Procedures
Development of Healthcare Infrastructure to Favor Growth in Asia Pacific
Geographically, in 2019, North America stood at USD 127.9 million in terms of revenue. The increasing usage of autotransfusion devices in orthopedic and cardiovascular surgeries is anticipated to aid growth in this region. Europe, on the other hand, is set to grow significantly stoked by the strong emphasis on the adoption of intraoperative and postoperative cell salvage techniques. In Asia Pacific, development of the healthcare infrastructure in emerging countries, such as India and China would bolster growth.
A list of all the renowned autotransfusion devices manufacturers operating in the market:
- Haemonetics Corporation (Massachusetts, U.S.)
- LivaNova PLC (London, UK)
- Medtronic (Dublin, Ireland)
- Fresenius SE & Co. KGaA (Bad Homburg, Germany)
- BD (Becton, Dickinson and Company) (Franklin Lakes, U.S.)
- Beijing Jingjing Medical Equipment Co., Ltd. (Beijing, China)
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