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Autotransfusion Systems Market to Experience Substantial Growth of USD 761.12 million at CAGR of 5.6% by 2030, Size, Share, Trends, Demand, Growth Forecast and Challenges
The persuasive Autotransfusion Systems Market report is a total overview of the market that takes into account various aspects of product definition, market segmentation, and the existing merchant landscape. This industry report is comprehensive and encompasses a mixture of parameters of the market and Healthcare industry. Complete company profiles included in this report also highlights what are the recent developments, product launches, joint ventures, mergers and acquisitions are taking place by the several key players and brands that are driving the market. An all-inclusive Autotransfusion Systems Market research report in no doubt will help businesses for the informed and better decisions and in this manner managing marketing of goods and services.According to the American Heart Association, over 80 million people worldwide are victims of heart disease caused by an unhealthy diet, increased stress, and a lifestyle change resulting in a haemorrhage in 2019. According to the World Health Organization, most thalassemia infants are born in low-income countries where blood transfusion is difficult or available to only a small percentage of the population.
Data Bridge Market Research analyses that the autotransfusion systems market which is USD 492.2 million in 2022, is expected to reach USD 761.12 million by 2030, at a CAGR of 5.6% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Visit full Study Report @ https://www.databridgemarketresearch.com/reports/global-autotransfusion-systems-market
Autotransfusion systems are a medical device that collects and processes the patient's blood during a specific surgical procedure, thereby reducing the need for any blood transfusion from an external donor. This device's sophisticated operational design allows it to supply the necessary autologous blood during various device applications.
Some of the major players operating in the autotransfusion systems market are:
BD (U.S.)
Beijing Zhongke Zhengfang Technology Co., LTD (China)
Braile Biomédica (Brazil)
Fresenius SE & Co. KGaA (Germany)
Gen World Medical Devices (India)
Haemonetics Corporation (U.S.)
LivaNova PLC (U.K.)
Medtronic (Ireland)
SARSTEDT AG & Co. KG (Germany)
Teleflex Incorporated (U.S.)
Zimmer Biomet (U.S.)
Advancis Surgical (U.K.)
B. Braun SE (Germany)
Autotransfusion Systems Market Dynamics
Drivers
Increase in the number of organ transplant procedures
Over the years, there has been an increase in the number of organ transplant procedures. According to the Global Observatory on Donation and Transplantation (GODT), the number of organs transplanted in 2017 was 139,024, an increase of 7.3% over 2015. In 2017, there were 16 transplants performed per hour. In 2017, 90,306 kidney transplants and 32,348 liver transplants were performed. This rising demand for organ transplants is driving demand for autologous blood transfusion for patients' blood management during the organ transplantation procedure.
Preoperative autologous transfusion involves collecting and storing patients' blood for a period of time. Blood collection in advance is normally impossible because there is no set a date for liver transplants, except for cases involving living donors. As a result, intraoperative blood salvage autotransfusion (IBSA) is used as an autologous transfusion strategy. IBSA involves recovering blood lost during the procedure and reintroducing it into the patient's body via infusion. This eliminates the need for an allogeneic blood transfusion, which could affect recipient survival and have an immunosuppressive effect. Allogeneic transfusion raises the risk of viral infection transmission and transfusion errors among patients. This, in turn, is contributing to the demand for autotransfusion systems in organ transplant procedures to manage blood loss and increase safety and effectiveness during the procedure.
Recent Developments
In 2020, ProCell Surgical Inc. launched its first medical device, designed to automate surgical sponge-blood recovery's outdated and manual activity for intraoperative autotransfusion.
Global Autotransfusion Systems Market Scope
The autotransfusion systems market is segmented on the basis of type, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Products
Accessories
Autotransfusion Types
Postoperative Autotransfusion Systems
Dual-Mode Autotransfusion Systems
Application
Cardiac Surgeries
Orthopedic Surgeries
Organ Transplantation
Trauma Procedures
Others
End-Use
Hospitals
ASCs
Others
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