Autotransfusion Devices Market
The autotransfusion systems market is estimated to grow at a CAGR of 5.0% to reach USD 505 million by 2024 from USD 395 million in 2019. The growth of this market is driven by the increasing number of surgical procedures, rising number of transplant procedures, advantages of autotransfusion, and scarcity of donated blood/allogenic blood.An autotransfusion is a procedure in which a patient receives a transfusion of their own blood rather than stored allogenic (separate-donor) blood. The two basic types of autotransfusion are as follows: Despite “donation” not often referring to giving to oneself, blood can be autologously “pre-donated” before surgery or collected both during and after the procedure utilising an intraoperative blood salvage device (such as a Cell Saver or CATS). The latter type of autotransfusion is used in procedures when a significant amount of blood loss is anticipated, such as aneurysm, total joint replacement, and spine surgery. Autotransfusion devices are what are utilised for autotransfusion. Currently, a lot of surgeons use autotransfusion in novel ways, not only faster, but also makes it possible for the patient to have a safe blood transfusion. In addition, changing lifestyles and rising obesity rates among the general population have raised the risk of developing heart illnesses, which has fueled the development of autotransfusion devices. This is partly due to the fact that hospitals have specialised departments where blood transfusions are necessary, necessitating the need for numerous autotransfusion systems to meet the diverse transfusion needs of specialist diseases in distinct departments. The autotransfusion device market is now dominated by North America, which is predicted to expand at a strong 6.4% annual pace. The United States dominates the market in North America and is one of the top nations worldwide. Companies are spending a lot of money on research since transfusion regulations are so strict in the United States.
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Autotransfusion Devices Market: Segment Analysis
Global Autotransfusion Devices Market: By Type
On Pump Transfusion Devices
Off Pump Transfusion Devices
Global Autotransfusion Devices Market: By Application
Hospitals
Ambulatory Surgical Centers
Cardiac Research Centers
Global Autotransfusion Devices Market:key players
Fresenius Kabi
Haemonetics
LivaNova
Medtronic
Terumo Corporation
Stryker, Atrium Medical
Advancis Surgical
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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