Report : Autotransfusion Devices Market to 2027 - Global Analysis and Forecasts by Type (Product, Accessories); Application (Cardiac Surgeries, Orthopedic Surgeries, Organ Transplantation, Trauma Procedures, Others); End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers); and Geography
Accessories segment is expected to grow at a fast pace over the forecast period
According to The Insight Partners market research titled ‘Autotransfusion Devices Market to 2027 - Global Analysis and Forecasts by Type, Application and End User’. The global autotransfusion devices market is anticipated to reach US$ 1,283.52 Mn in 2027 from US$ 936.64 Mn in 2019. The market is anticipated to grow with a CAGR of 4.1 % from 2020-2027. The report provides the trends prevailing in the global autotransfusion devices market and the factors driving the market along with those that act as hindrances.
The global autotransfusion devices market, based on the type, is segmented into product, and accessories. The accessories segment led the autotransfusion devices market by type in 2019, and; it is expected to retain its dominance during the forecast period. Based on application, the market is divided into cardiac surgeries, orthopedic surgeries, organ transplantation, trauma procedures, and others. And on the basis of end user the market is classified as hospitals, specialty clinics, and ambulatory surgery centers.
The factors that are estimated to drive growth of the market include involvement of rare blood groups, rising number of transplant procedures and rising prevalence of chronic diseases. Whereas, the risks associated with autotransfusion is expected to restraint the growth of the market during the forecast years.
The autotransfusion devices market majorly consists of the players such as BD, Braile Biomedica, Fresenius SE & Co. KGaA, Haemonetics Corporation, LivaNova PLC, Medtronic, Redax S.p.A., SARSTEDT AG and Co. KG , Teleflex Incorporated and Zimmer Biomet among others. Company such as BD is focusing on inorganic strategies such as acquisition which has resulted in the expansion of its product portfolio and market growth.
The report segments global autotransfusion devices market as follows:
Global Autotransfusion Devices Market - By Type
Global Autotransfusion Devices Market - By Application
Global Autotransfusion Devices Market - By End User
Global Autotransfusion Devices Market - By Geography
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