Autotransfusion Systems Market | Ongoing Trends and Recent Developments | Major Key Players like Zimmer Biomet Holdings, Inc. (US), Teleflex Incorporated (US), Haemonetics Corporation (US)

The growth of Autotransfusion Systems 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.

What the Market Looks Like?

Predicted to grow at a CAGR of 5.0% during the forecast period, the global Autotransfusion Systems Market is projected to reach USD 505 million by 2024 from USD 395 million in 2019. North America, by region, held the largest share of the market in 2019.

Since type, the Autotransfusion Systems Market is segmented into autotransfusion products & accessories. The autotransfusion products segment accounted for the largest share of the market in 2019. Autotransfusion products are associated with several advantages, which are expected to boost its adoption in the coming years. These components prevent the transmission of transfusion-related blood-borne diseases in patients, and they also provide more compatible blood in comparison to autologous blood transfusions. These advantages are likely to increase the demand for autotransfusion products during the forecast period.

Based on application, the Autotransfusion Systems Market is segmented into Cardiac Surgeries, Orthopedic Surgeries, Organ Transplantation, Trauma Procedures, and Other Procedures. The cardiac surgeries segment is expected to register the highest growth rate due to the high prevalence of cardiac diseases and recommendations for autologous transfusion (by entities such as the WHO) during cardiac surgeries.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141903480

What Drives the Autotransfusion Systems Market?

The growth of the global market for Autotransfusion Systems is primarily influenced by the following factors:

• Increasing Number of Surgical Procedures
• Rising Number of Transplant Procedures
• Advantages of Autotransfusion
• Scarcity of Donated Blood/Allogenic Blood

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=141903480

Geographical growth scenario of Autotransfusion Systems Market:

The large share of the North American market can mainly be attributed to the high and growing prevalence of target health conditions (cardiovascular, orthopedic, and trauma cases), increasing number of major transplant procedures, scarcity of allogenic blood, preference for autologous blood (due to its advantages), and the strong presence of key market players in the region.

Leading market players and strategies adopted

Becton, Dickinson and Company (US), Zimmer Biomet Holdings, Inc. (US), Teleflex Incorporated (US), and Haemonetics Corporation (US) are some of the major players operating in the North American market.

Read More: https://www.marketsandmarkets.com/PressReleases/autotransfusion-system.asp

Contact Us:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.