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Autotransfusion Devices Industry Is Expand at a CAGR of 5.1% to Reach US$ 419.3 Million by 2031 | Medtronic, Fresenius SE & Co. KGaA, ProCell Surgical Inc.

04-07-2023 08:38 AM CET | Health & Medicine

Press release from: Global Insight Services

Autotransfusion Devices Industry Is Expand at a CAGR of 5.1%

The global autotransfusion devices market was valued at USD 255 million in 2021 and it is anticipated to grow further till USD 419.3 million by 2031, at a CAGR of 5.1% during the forecast period.

To collect and re-infuse the patient's blood, autotransfusion devices are frequently employed. The use of autologous blood transfusions to prevent infections brought on by allogeneic blood transfusions is made possible by these systems, which play a significant part in cell salvage approaches. These tools are used in invasive procedures for the heart, the joints, the nervous system, obstetrics, and gynecology.

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Market Trends and Drivers

Some of the major drivers anticipated to propel market expansion during the projected period include an increase in surgical operations, an increase in the number of surgical cases, and an increase in the number of liver or other organ transplant surgeries. Additionally, it is predicted that the market would expand due to the growing older population in the world as well as increased demand for cardiac devices. The rise in blood illnesses, the number of trauma and accident cases, and technological advancements all contribute to the growth of the blood transfusion device.

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Global Autotransfusion Devices Segmentation

By Product

Autotransfusion Systems
Consumables & Accessories

By Application

Cardiovascular Surgeries
Orthopedic Surgeries
Neurological Surgeries
Obstetrics & Gynecological Surgeries
Others

By End User

Hospitals
Specialty Clinics & Others

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Major Players in the Global Autotransfusion Devices Market

The key players studied in the 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), and ProCell Surgical Inc. (U.S.) among others.

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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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