Press release
Autotransfusion Systems Market 2020 : The dynamics of Global Developed & Developing Countries Growth Speed Up || Haemonetics Corporation; LivaNova PLC; Medtronic; SARSTEDT AG & Co. KG; Teleflex Incorporated
Autotransfusion Systems Market
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Market Analysis: Global Autotransfusion Systems Market
Global autotransfusion systems market is expected to rise to an estimated value of USD 554.57 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the various innovations in technology of these systems, along with prevalence of population suffering from cardiovascular disorders.
Key Market Competitors:Few of the major competitors currently working in the global autotransfusion systems market are BD; Beijing Zhongke; Braile Biomédica; Fresenius SE & Co. KGaA; Gen World Medical Devices; Haemonetics Corporation; LivaNova PLC; Medtronic; SARSTEDT AG & Co. KG; Teleflex Incorporated; Zimmer Biomet; Advancis Surgical; B. Braun Melsungen AG among others.
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Market Definition: Global Autotransfusion Systems Market
Autotransfusion systems are a type of medical devices that are responsible for the collection and processing of the patient’s blood during a particular surgical procedure, helping reduce the need for any blood transfusion from an external donor. This device is designed in a sophisticated operational design so as to provide the required supply of autologous blood during a variety of device applications
Market Drivers
High number of applicable surgical procedures carried out globally is expected to propel the growth of the market
Various functional and operational benefits associated with autotransfusion system is expected to drive the growth of this market
Lack in the availability of blood donors and donated blood volume globally can act as a market driver
High volume of transplantation-based procedures occurring globally; this factor is expected to boost the growth of the market
Market Restraints
Concerns regarding the high cost of these systems; this factor is expected to restrict the growth of the market
Growing awareness amongst the population regarding the risks associated with this system; this factor is expected to hinder the growth of this market
Various initiatives and programs organized by the authorities to promote blood donation globally also restricts the market growth
Segmentation: Global Autotransfusion Systems Market
By Type
Products
Devices
On Pump Transfusion Device
Off Pump Transfusion Device
Application
Intraoperative Autotransfusion Systems
Postoperative Autotransfusion Systems
Dual-Mode Autotransfusion Systems
Consumables
Accessories
By Application
Cardiac Surgeries
Orthopedic Surgeries
Organ Transplantation
Trauma Procedures
Others
Obstetrics & Gynecological
Neurological
Urological Procedures
By End-Use
Hospitals
Ambulatory Surgical Centers (ASCs)
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
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Key Developments in the Market:
In December 2016, Fresenius SE & Co. KGaA and Terumo Corporation announced the establishment of a distribution agreement for Fresnius SE & Co. KGaA’s “CATSmart Autotransfusion System” for the United States region. The product will be distributed by Terumo Corporation’s “Terumo Cardiovascular Group” and the agreement has been established for five years
In September 2012, University of Strathclyde situated in Glasgow, Scotland announced the development of an autotransfusion technology designed for open heart surgeries, this technology can help reduce the volume of blood loss in a number of open heart and traumatic surgeries. The technology has been licensed to Advancis Surgical, with the company expected to launch autotransfusion devices integrated with this technology in the regions where the CE mark is accepted
Competitive Analysis:
Global autotransfusion systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of autotransfusion systems market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Table of Contents
Introduction
Research Methodology
Executive Summary
Market Overview
Global Market Analysis and Forecast, by Product Type
Global Market Analysis and Forecast, by Application
Global Market Analysis and Forecast, by Region
Competition Landscape
Company Profiles
Research Finding and Conclusion
Research Methodology
Research Data Source ….MORE
Detailed Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc?dbmr=global-autotransfusion-systems-market&raksh
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