Autotransfusion Devices Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

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The global market value of the autotransfusion devices market was expected to reach USD 309.7 million in 2024 and is projected to increase at a CAGR of 6.7% during the forecast period. Through the procedure of autotransfusion, a patient can use their own blood during surgery rather than relying on donated blood. Autotransfusion devices play a vital part in the process of organ transplants, which can involve significant blood loss. The market for autotransfusion devices is being driven by the rise in operations performed globally.

As the world's population continues to grow, more people are developing chronic illnesses like diabetes, cancer, and cardiovascular disease, and more surgeries are being performed. These factors are driving up demand for autotransfusion devices in the market.

 

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Growth Drivers

A major driver of the market's growth is the sharp rise in surgical procedures worldwide, especially in the cardiovascular and orthopedic fields; the sharp rise in cardiovascular conditions among patients, particularly following the pandemic; the improvement in the efficiency and safety of autotransfusion procedures due to next-generation intelligent control software; and the growing focus on lowering transfusion-related complications.

The primary driver driving ASCs' use of autotransfusion devices is the growing need for minimally invasive operations. In comparison to hospitals, ASCs offer highly qualified surgeons, cutting-edge medical technology, and a lower risk of infection.

Segmentation

Autotransfusion Devices Market, by Type

·         Autotransfusion Products

o   Intraoperative Autotransfusion Systems

o   Postoperative Autotransfusion Systems

o   Dual-Mode Autotransfusion Systems

·         Autotransfusion Accessories

Autotransfusion Devices Market, by Application

·         Cardiac Surgeries

·         Orthopedic Surgeries

·         Organ Transplantation

·         Trauma Procedures

·         Other Procedures (Obstetrics & Gynecological, Neurological, and Urological Procedures)

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Medtronic Plc

·         Becton, Dickinson and Company

·         Zimmer Biomet Holdings Inc.

·         Teleflex Incorporated

·         LivaNova

·         Fresenius

·         Atrium Medical Corporation

·         Haemonetics Corporation

·         SARSTEDT

·         Braile Biomédica

·         Redax

·         Beijing ZKSK Technology Co

·         Gen World Medical Devices

·         Other Players

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