Product Code: ANV856
REPORT HIGHLIGHT
The global autotransfusion devices market was valued at USD 1,580.7 million in 2021, expanding at a CAGR of 6.9% during the forecast period.
To collect and reinfuse the patient's blood, autotransfusion machines are commonly employed. These systems are crucial in cell salvage approaches since they allow autologous blood transfusion to lessen the risk of infections associated with blood transfusions. Cardiovascular, orthopedic, neurological, obstetrics and gynecological, and other invasive operations all use these devices. Intraoperative systems, post-operative systems, and dual-mode systems are the three types of systems based on their usefulness.
Market Dynamics
Allogeneic blood infusions have a significant risk of causing complications such as post-operative cardiac failures, tumor recurrence, acute lung injury, and post-operative infections. According to multiple patient-based research, the prevalence of transfusion-associated circulatory overload (TACO) and transfusion-related acute lung injury (TRALI) in the United States is believed to be around 1.0 percent and 0.1 percent, respectively. As a result, shifting preferences toward cell salvage can dramatically minimize the need for allogeneic blood transfusion, minimizing the risk of unfavorable effects. For instance, According to a study published in Anesthesia Journal 2018 by NHS, the use of postoperative cell salvage autotransfusion in cardiac and orthopedic procedures reduced allogeneic blood transfusion by roughly 41%. This is expected to drive market expansion throughout the forecast period.
Furthermore, Intraoperative and post-operative cell salvage, as well as blood transfusions, are critical components of blood conservation throughout any surgical procedure. Moreover, the emphasis on preventing problems associated with allogeneic transfusions, as well as an increasing number of high-bleeding procedures, are expected to boost worldwide market expansion throughout the projection period. For instance, According to the American Academy of Orthopaedic Surgeons (AAOS) and the Agency for Healthcare Research and Quality (AHRQ), around 700,000 knee replacement procedures and approximately 450,000 hip replacement procedures are performed in the United States each year. Furthermore, according to a 2021 article released by the University of Alabama, 320,000 Coronary Artery Bypass Grafting procedures were conducted in the United States in 2020. This, together with the growing awareness of intraoperative and postoperative blood salvage, is expected to provide a significant opportunity for the global market's growth.
Segmentation Analysis:
The autotransfusion devices Market is segmented on the basis of product type, application, end-user, and region.
On the basis of product type, the market is segmented into autotransfusion systems and consumables & accessories. The rising use of autotransfusion systems in developed and developing nations due to its efficacy in blood transfusion is likely to drive the consumable segment growth during the study period.
The market is bifurcated into cardiovascular, orthopedic, neurological, obstetrics, and gynecological surgeries, depending upon the various applications.
Cardiovascular surgeries captured lion's share of the worldwide market in terms of revenue, owing to the increased employment of these devices during cardiovascular surgical procedures. Furthermore, the growing cases of cardiovascular treatments, such as valve replacement surgeries, coronary artery bypass grafting (CABG), heart transplantations, implanted cardioverter-defibrillator (ICD), and others, would help this category flourish.
The market is divided into hospitals, specialty clinics, and others based on end-user.
Over the forecast period, the hospital segment is expected to dominate the global market. During the projection period, the segment is expected to grow due to an increase in the cardiovascular, obstetrics, and gynecological surgeries performed in hospitals.
Furthermore, factors such as evolving healthcare infrastructure in emerging nations and an increasing number of modern healthcare facilities are likely to drive the use of autotransfusion devices in user hospitals, accelerating the growth of the hospital sector in the global market.
Competitive Landscape:
The global market is extremely consolidated, with a small number of companies accounting for the majority of autotransfusion device market share. With their competitive product offerings, LivaNova Plc., Haemonetics Corporation, and Fresenius accounted for a significant revenue share during the year 2021. LivaNova Plc has an extensive distribution channel and a diverse product offering. Other established significant players, such as Fresenius SE & Co. KGaA, on the other hand, are currently collaborating with other companies to establish their presence in the global market.
For instance, in November 2021, Fresenius SE & Co. KGaA announced a collaboration with Omnicell, Inc. to provide innovative new pharmacy technology to hospitals and health systems in the United States.
Haemonetics Corporation and Fresenius SE & Co. KGaA are expected to enhance their market shares over the projected period as a result of continual product releases, strategic distribution alliances, and a focus on market penetration in developing markets.
Key features of the study:
- This proposed research study on Autotransfusion Devices Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Autotransfusion Devices Market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Autotransfusion Devices Market
- Impact of COVID-19 on Autotransfusion Devices Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Autotransfusion Devices Market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Autotransfusion Devices Market, we have also included competitive landscape and key innovator analysis for the Autotransfusion Devices Market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Autotransfusion Devices Market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Autotransfusion Devices Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOTRANSFUSION DEVICES MARKET KEY PLAYEARS
- Fresenius Kabi
- Haemonetics
- LivaNova
- Medtronic
- Terumo Corporation
- Stryker, Atrium Medical
- Advancis Surgical
- Zimmer Biomet Holding,
- Teleflex Incorporated
GLOBAL AUTOTRANSFUSION DEVICES MARKET, BY PRODUCT TYPE
- Autotransfusion Systems
- Consumables & Accessories
GLOBAL AUTOTRANSFUSION DEVICES MARKET, BY APPLICATION
- cardiovascular Surgeries
- Orthopedic Surgeries
- Neurological Surgeries
- Obstetrics & Gynecological Surgeries
- Others
GLOBAL AUTOTRANSFUSION DEVICES MARKET, BY END-USER
- Hospitals
- Specialty Clinics
- Others
GLOBAL AUTOTRANSFUSION DEVICES MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. Autotransfusion Devices Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet By Product Type
- 2.1.2. Market Snippet By Application
- 2.1.3. Market Snippet By End-User
- 2.1.4. Market Snippet by Region
- 2.2. Competitive Insights
3. Autotransfusion Devices Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Autotransfusion Devices Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Autotransfusion Devices Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Autotransfusion Devices Market Landscape
- 6.1. Market Share Analysis, 2020
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Autotransfusion Devices Market - By Product Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product Type, 2020 & 2027 (%)
- 7.1.2. Autotransfusion Systems
- 7.1.3. Consumables & Accessories
8. Autotransfusion Devices Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 8.1.2. cardiovascular Surgeries
- 8.1.3. Orthopedic Surgeries
- 8.1.4. Neurological Surgeries
- 8.1.5. Obstetrics & Gynecological Surgeries
- 8.1.6. Others
9. Autotransfusion Devices Market - By End-User
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By End-User, 2020 & 2027 (%)
- 9.1.2. Hospitals
- 9.1.3. Specialty Clinics
- 9.1.4. Others
10. Autotransfusion Devices Market- By Geography
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 10.2. North America
- 10.2.1. Overview
- 10.2.2. Key Manufacturers in North America
- 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.2.4. North America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.2.5. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.6. North America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7. U.S.
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.2.7.3. U.S. Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.2.7.4. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.7.5. U.S. Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7.6.
- 10.2.8. Canada
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3. Europe
- 10.3.1. Overview
- 10.3.2. Key Manufacturers in Europe
- 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.3.4. Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.5. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.6. Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.7.
- 10.3.8. Germany
- 10.3.8.1. Overview
- 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.8.3. Germany Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.8.4. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.8.5. Germany Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.9. Italy
- 10.3.9.1. Overview
- 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.9.3. Italy Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.9.4. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.9.5. Italy Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.10. United Kingdom
- 10.3.10.1. Overview
- 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.10.3. United Kingdom Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.10.4. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.10.5. United Kingdom Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.11. France
- 10.3.11.1. Overview
- 10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.11.3. France Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.11.4. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.11.5. France Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.12. Rest of Europe
- 10.3.12.1. Overview
- 10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.12.3. Rest of the Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.3.12.4. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.12.5. Rest of the Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4. Asia Pacific (APAC)
- 10.4.1. Overview
- 10.4.2. Key Manufacturers in Asia Pacific
- 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.5. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.6. Asia Pacific Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.7. India
- 10.4.7.1. Overview
- 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.7.3. India Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.7.4. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.7.5. India Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.8. China
- 10.4.8.1. Overview
- 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.8.3. China Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.8.4. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.8.5. China Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.9. Japan
- 10.4.9.1. Overview
- 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.9.3. Japan Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.9.4. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.9.5. Japan Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.10. South Korea
- 10.4.10.1. Overview
- 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.10.3. South Korea Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.10.4. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.10.5. South Korea Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.11. Rest of APAC
- 10.4.11.1. Overview
- 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.11.3. Rest of APAC Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.4.11.4. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.11.5. Rest of APAC Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5. Latin America
- 10.5.1. Overview
- 10.5.2. Key Manufacturers in Latin America
- 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.5.4. Latin America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.5.5. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.6. Latin America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.7. Brazil
- 10.5.7.1. Overview
- 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.7.3. Brazil Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.5.7.4. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.7.5. Brazil Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.8. Mexico
- 10.5.8.1. Overview
- 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.8.3. Mexico Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.5.8.4. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.8.5. Mexico Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.9. Argentina
- 10.5.9.1. Overview
- 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.9.3. Argentina Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.5.9.4. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.9.5. Argentina Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.10. Rest of LATAM
- 10.5.10.1. Overview
- 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.10.3. Rest of LATAM Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.5.10.4. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.10.5. Rest of LATAM Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6. Middle East and Africa
- 10.6.1. Overview
- 10.6.2. Key Manufacturers in Middle East and Africa
- 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.6.5. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.6. Middle East and Africa Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.7. Saudi Arabia
- 10.6.7.1. Overview
- 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.7.3. Saudi Arabia Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.6.7.4. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.7.5. Saudi Arabia Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.8. United Arab Emirates
- 10.6.8.1. Overview
- 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.8.3. United Arab Emirates Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 10.6.8.4. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.8.5. United Arab Emirates Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
11. Key Vendor Analysis
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. Fresenius Kabi
- 11.2.2. Haemonetics
- 11.2.3. LivaNova
- 11.2.4. Medtronic
- 11.2.5. Terumo Corporation
- 11.2.6. Stryker, Atrium Medical
- 11.2.7. Advancis Surgical
- 11.2.8. Zimmer Biomet Holding,
- 11.2.9. Teleflex Incorporated
12. 360 Degree Analyst View
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us