Global Autotransfusion Devices Market Projection by Key Players, Share, Size, Trends, Segmentation, Regional Analysis, Industry Growth Forecast – 2028

0
0

A new market study, titled “Autotransfusion Devices Market Forecast 2021-2028” has been featured on Fortune Business Insights™.

 

***Get Latest Updated Market Research Report with Free Sample Report

Market Overview:

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.

Request for Free Sample Report PDF @ https://www.fortunebusinessinsights.com/enquiry/sample/autotransfusion-devices-market-101899  

COVID-19 Pandemic to Affect Growth Stoked by Reduced Surgical Procedures

The COVID-19 pandemic is set to impact growth negatively by declining the number of surgical procedures. The Minneapolis Heart Institute Foundation, for instance, mentioned that during the first quarter of 2020, in the U.S., there was an approximate drop of 40% in the number of STEMI procedures. But, in the 3rd and 4th quarters, the number of surgeries that are to be performed would grow in hospitals worldwide. It would slowly boost growth.

To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit:

How Did We Create This Report?

We gathered information from various studies published by authentic organizations, such as the World Health Organization, National Health Service, Centers for Disease Control and Prevention, American College of Radiology, and Eurostat. At the same time, we conducted exclusive interviews with key stakeholders, such as sales managers, marketing managers, distributors, product managers, and research institutes.

Drivers & Restraints-

Rising Shift towards Intraoperative & Postoperative Cell Salvage to Propel Growth

Nowadays people are rapidly shifting towards intraoperative & postoperative cell salvage to avoid major complications related to allogeneic transfusions. Also, the rising number of high-bleeding surgeries worldwide is set to accelerate the autotransfusion devices market growth in the near future. However, the high demand for minimally invasive surgeries globally because of their cost-effectiveness and ability to provide superior patient comfort may obstruct the demand for autotransfusion devices.

Segment-

Cardiovascular Surgeries Segment to Dominate Fueled by Increasing Number of Procedures

Based on application, the cardiovascular surgeries segment earned 56.5% in terms of the autologous blood transfusion devices market share in 2019. It is expected to dominate the market throughout the forthcoming years backed by the increasing adoption of autotransfusion devices during such procedures. Besides, the rising number of cardiovascular procedures such as heart transplantations, cardioverter-defibrillator (ICD) and pacemaker implantations, valve replacement surgeries, and coronary artery bypass grafting (CABG) would drive growth.

Regional Analysis-

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.

Competitive Landscape-

Key Players Focus on Receiving FDA Approval to Gain a Competitive Edge

The market for autotransfusion devices is consolidated with the presence of a very limited number of companies. Haemonetics Corporation and Fresenius SE & Co. KGaA are considered to be major manufacturers. Some of the others are trying to gain a competitive edge by launching new autologous blood transfusion devices and by bagging FDA approvals. Below are the two latest industry developments:

  • June 2020: ProCell Surgical Inc. unveiled its proprietary medical device called ProCell to automate the outdated and manual activity for intraoperative autotransfusion (IAT) of surgical sponge-blood recovery.
  • July 2018: Medtronic bagged the FDA approval for its advanced autoLog IQ Autotransfusion System. It is an adaptable and easy autotransfusion system that is capable of providing high-quality blood products automatically.

Ask for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/autotransfusion-devices-market-101899

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)

Related Article @ https://next-generation-sequencing-ngs-market-by-technology-share-size-segmentation-revenue-analysis-forecast-2028/

 https://www.theexpresswire.com/pressrelease/Hormonal-Contraceptives-Market-By-Technology-Share-Demand-Growth-Opportunity-Projection-Analysis-Forecast-Outlook-2028_14833219

https://www.theexpresswire.com/pressrelease/Animal-Health-Market-Research-Projection-By-Trends-Sales-Predicted-Revenue-Outlook-Analysis-Forecast-To-2028_14833220

https://www.theexpresswire.com/pressrelease/Global-Blood-Screening-Market-Projection-by-Key-Players-Share-Size-Trends-Segmentation-Regional-Analysis-Industry-Growth-Forecast-2028_14833223

https://www.theexpresswire.com/pressrelease/Osteoporosis-Treatment-Market-By-Technology-Share-Demand-Growth-Opportunity-Projection-Analysis-Forecast-Outlook-2028_14833224

NOTE: Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.