Global Autotransfusion Systems Market Size By Product Type, By Technique, By Application, By Geographic Scope And Forecast

Report ID: 32547|No. of Pages: 202

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Global Autotransfusion Systems Market Size By Product Type, By Technique, By Application, By Geographic Scope And Forecast

Report ID: 32547|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Autotransfusion Systems Market Size And Forecast

Autotransfusion Systems Market size was valued at USD 468.48 Million in 2024 and is projected to reach USD 649.57 Million by 2031, growing at a CAGR of 4.60% during the forecast period 2024-2031.

Autotransfusion Systems Market is estimated to grow at a CAGR of 4.60% & reach US$ 649.57 Bn by the end of 2031

Global Autotransfusion Systems Market Drivers

The market drivers for the Autotransfusion Systems Market can be influenced by various factors. These may include:

  • Growing Incidence of Orthopaedic and Cardiovascular Surgery: One of the main causes of this trend is the increase in these surgeries, which frequently necessitate large blood transfusions. Autotransfusion devices contribute to lowering the need for blood donors, lowering transfusion-related dangers, and improving patient safety.
  • Growing Awareness and Adoption of Autotransfusion Techniques: As a result of increased patient and healthcare provider education about the advantages of autotransfusion systems, including lower risk of immunological reactions and blood-borne infections, adoption rates are rising.
  • Technological Advancements: The autotransfusion market is expanding thanks to advancements in efficiency, portability, and user-friendly designs. These developments encourage the usage of the systems in a variety of medical contexts by improving their dependability and accessibility.
  • Rise in Emergency and Trauma Cases: The need for autotransfusion devices is increased by the rise in trauma cases and emergency surgeries, where prompt and effective blood management is essential. Instantaneous blood collection and reinfusion is made possible by these technologies, which is essential in emergency situations.
  • Cost-Effectiveness and Decreased Dependency on Donor Blood: By reducing the requirement for donor blood and the related costs of storage and testing, autotransfusion systems can lower the total costs related to blood transfusions. A major motivator for surgical centres and hospitals is this cost-effectiveness.
  • Growing Ageing Population: Circumstances necessitating surgery and blood transfusions are more common in the ageing global population. The need for safer and more effective blood management options, such as autotransfusion devices, is growing along with the ageing population.
  • Government Support and Initiatives: The market is growing as a result of numerous government programmes and initiatives that enhance healthcare facilities and encourage the application of cutting-edge medical technology. Many health organisations have goals that are in line with supporting safer transfusion practices.
  • Growing Prevalence of Chronic Diseases: The need for autotransfusion systems is fueled by the growing incidence of chronic diseases like cancer and kidney disease, which frequently necessitate surgical procedures and blood transfusions.

Global Autotransfusion Systems Market Restraints

Several factors can act as restraints or challenges for the Autotransfusion Systems Market. These may include:

  • Exorbitant Equipment Cost: The high cost of purchasing and maintaining autotransfusion systems can be a major obstacle for smaller hospitals and healthcare facilities, particularly in poor nations.
  • Tight Regulating Guidelines: Strict regulatory requirements set by health authorities like the European Medicines Agency (EMA) and the Food and Drug Administration (FDA) in the United States must be met by these systems. For producers, complying with these rules can be expensive and time-consuming.
  • Absence of Skilled Workers: Autotransfusion devices require certain knowledge and training to operate. Particularly in less developed areas, there is frequently a shortage of skilled experts who can operate these devices successfully.
  • Low Adoption and Awareness: Lower adoption rates can result from a lack of knowledge about the advantages of autotransfusion devices in particular areas. Traditional blood transfusion techniques may be preferred by surgeons and medical professionals since they are dependable and well-known.
  • Difficulties and Hazards: Healthcare practitioners may be discouraged from implementing autotransfusion devices due to potential problems such hemolysis, contamination, and air embolism. Some medical specialists believe that there may be more risks than advantages.
  • Issues with Reimbursement: There are major differences in insurance coverage and reimbursement guidelines for autotransfusion procedures. Hospitals may be discouraged from investing in these technologies if they get inconsistent or inadequate compensation.
  • Alternative Technologies’ Competition: Other blood management methods and technologies, such as preoperative blood donation, blood substitutes, and pharmaceuticals that lessen blood loss during surgery, compete with the market.
  • Restrictions on the Economy in Developing Areas: Economic limitations prevent many developing nations from investing in cutting-edge medical technology, like as autotransfusion devices. Lower market penetration results in certain areas as a result.
  • Supply Chain Interruptions: Geopolitical events, pandemics, and other problems can cause supply chain disruptions that affect the availability and price of autotransfusion systems and their parts.
  • Limited Use and Indications: Autotransfusion systems are commonly employed in particular surgical specialties, including orthopaedic, trauma, and cardiac procedures. Growth in the industry is hampered by their limited use in other surgical operations.

Global Autotransfusion Systems Market Segmentation Analysis

The Global Autotransfusion Systems Market is Segmented on the basis of Product Type, Technique, Application, And Geography.

Autotransfusion Systems Market Segmentation Analysis

Autotransfusion Systems Market, By Product Type

  • Intraoperative Autotransfusion Systems: These systems collect blood during surgery and process it for immediate reinfusion to the patient.
  • Postoperative Autotransfusion Systems: These systems collect blood after surgery from drainage tubes and reinfuse it back to the patient.
  • Dual-Mode Autotransfusion Systems: These systems can be used for both intraoperative and postoperative blood collection and reinfusion.
  • Autotransfusion Accessories: This category includes various disposable items used during autotransfusion procedures, such as collection bags, filters, and tubing.

Autotransfusion Systems Market, By Technique

  • Predeposit Autologous Donation (PAD): In this technique, a patient donates their own blood before surgery for later reinfusion.
  • Acute Normovolemic Hemodilution (ANH): This technique involves removing a small amount of blood from the patient before surgery and replacing it with a volume expander. The removed blood is then stored and reinfused during surgery.
  • Perioperative Cell Salvage (PCS): This technique collects blood lost during surgery and processes it for reinfusion.

Autotransfusion Systems Market, By Application

  • Cardiac Surgeries: Due to the high blood loss associated with these procedures, autotransfusion is a preferred method for blood conservation.
  • Orthopedic Surgeries: Blood loss can be significant during joint replacement surgeries, making autotransfusion a valuable tool.
  • Organ Transplantation: Blood management is crucial in organ transplantation surgeries, and autotransfusion can help reduce the need for allogeneic blood transfusions.
  • Trauma Procedures: Trauma patients often experience significant blood loss, and autotransfusion can be used to reinfuse salvaged blood.
  • Other Procedures: Autotransfusion systems can also be used in various other surgical procedures, including obstetrics & gynecological, neurological, and urological surgeries.

Autotransfusion Systems Market, By Geography

  • North America: Market conditions and demand in the United States, Canada, and Mexico.
  • Europe: Analysis of the Autotransfusion Systems Market in European countries.
  • Asia-Pacific: Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa: Examining market dynamics in the Middle East and African regions.
  • Latin America: Covering market trends and developments in countries across Latin America.

Key Players

The major players in the Autotransfusion Systems Market are:

  • LivaNova
  • Fresenius
  • Haemonetics
  • BD (Becton, Dickinson and Company)
  • Medtronic
  • Atrium Medical Corporation
  • Zimmer Biomet
  • Becton
  • Dickinson and Company
  • Zimmer Biomet Holdings Inc
  • Teleflex Incorporated
  • Sarstedt

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

LivaNova, Fresenius, Haemonetics, BD (Becton, Dickinson and Company), Medtronic, Zimmer Biomet, Becton, Dickinson and Company, Zimmer Biomet Holdings Inc, Sarstedt.

SEGMENTS COVERED

By Product Type, By Technique, By Application, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

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Research Methodology of Verified Market Research:

Research Methodology of VMR

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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Frequently Asked Questions

Autotransfusion Systems Market was valued at USD 468.48 Million in 2024 and is projected to reach USD 649.57 Million by 2031, growing at a CAGR of 4.60% during the forecast period 2024-2031.

Growing Ageing Population, Technological Advancements, Rise In Emergency And Trauma Cases and Government Support And Initiatives are the factors driving the growth of the Autotransfusion Systems Market.

The major players are LivaNova, Fresenius, Haemonetics, BD (Becton, Dickinson and Company), Medtronic, Zimmer Biomet, Becton, Dickinson and Company, Zimmer Biomet Holdings Inc, Sarstedt.

The Global Autotransfusion Systems Market is Segmented on the basis of Product Type, Technique, Application, And Geography.

The sample report for the Autotransfusion Systems Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Autotransfusion Systems Market, By Product Type
• Intraoperative Autotransfusion Systems
• Postoperative Autotransfusion Systems
• Dual-Mode Autotransfusion Systems
• Autotransfusion Accessories

5. Autotransfusion Systems Market, By Technique
• Predeposit Autologous Donation (PAD)
• Acute Normovolemic Hemodilution (ANH)
• Perioperative Cell Salvage (PCS)

6. Autotransfusion Systems Market, By Application
• Cardiac Surgeries
• Orthopedic Surgeries
• Organ Transplantation
• Trauma Procedures
• Other Procedures

7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape
• Key Players
• Market Share Analysis

10. Company Profiles
• LivaNova
• Fresenius
• Haemonetics
• BD (Becton, Dickinson and Company)
• Medtronic
• Atrium Medical Corporation
• Zimmer Biomet
• Becton
• Dickinson and Company
• Zimmer Biomet Holdings Inc
• Teleflex Incorporated
• Sarstedt

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Autotransfusion Systems Market

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