Europe Autotransfusion Devices Market to Grow at a CAGR of 3.7% to reach US$ 372.69 million from 2021 to 2028
Europe Autotransfusion Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Products and Accessories), Application (Cardiac Surgeries, Orthopedic Surgeries, Organ Transplantation, Trauma Procedures, and Others), and End User (Hospitals, Specialty Clinics, and Ambulatory Surgery Centers)
- Status : Published
- Report Code : TIPRE00029185
- Category : Life Sciences
- No. of Pages : 140
- Available Report Formats :
- Last update date : May 17, 2022
2021 Market Size
US$ 289.67 Mn
Base year value
2028 Forecast
US$ 372.69 Mn
Projected by 2028
CAGR 2022-2028
3.7 %
Growth rate
Addressable Market
US$ 2,351.05 Mn
(2022-2028)
The autotransfusion devices market in Europe is expected to grow from US$ 289.67 million in 2021 to US$ 372.69 million by 2028; it is estimated to grow at a CAGR of 3.7% from 2021 to 2028.
The aging population and lifestyle changes are leading to a steady increase in the prevalence of chronic medical conditions. The rapidly growing middle-class population and urbanization are driving the adoption of sedentary lifestyle. Modernization of facilities reduces physical activities among people and increases stress from personal, professional, and societal factors. Arthritis, cardiovascular diseases, breast and colon cancer, diabetes, epilepsy and seizures, obesity, and oral health problems are the leading chronic diseases reported among elderlies in developed countries. Chronic diseases affect public health, societies, and economies. Autotransfusion devices are widely used in various surgical procedures, such as cardiac surgery and other invasive procedures. Chronic diseases such as cancer, cardiovascular diseases, and renal disorders are major causes of human death. These conditions are generally treated via surgical procedures, which are associated with a chance of excessive blood loss. Fresh blood or their own blood is infused into patients to maintain the blood level. Autotransfusion devices are used during the blood infusion or reinfusion processes. Therefore, the autotransfusion devices market is growing with the rapid increase in chronic diseases.
Europe Autotransfusion Devices Market Revenue and Forecast to 2028 (US$ Million)
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Europe Autotransfusion Devices Market Segmentation
The Europe autotransfusion devices market is segmented on the basis of type, application, end user, and country. The market, by type, is bifurcated into products and accessories. In 2021, the accessories segment held a larger market share. The market for the products segment is further segmented into intraoperative autotransfusion systems, postoperative autotransfusion systems, and dual-mode autotransfusion systems. In 2021, the intraoperative autotransfusion systems segment held the largest market share. The Europe autotransfusion devices market, by application, is segmented into cardiac surgeries, orthopedic surgeries, organ transplantation, trauma procedures, and others. The cardiac surgeries segment held the largest market share in 2021. Based on end user, the market is segmented into hospitals, specialty clinics, and ambulatory surgical centers. The hospitals segment held the largest share of the market in 2021. Based on country, the market is segmented into Germany, France, the UK, Italy, Spain, and the rest of Europe. Germany contributed a substantial share in 2021.
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 are among the leading companies in the Europe autotransfusion devices market.
Europe Autotransfusion Devices Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 289.67 Million |
| Market Size by 2028 | US$ 372.69 Million |
| CAGR (2021 - 2028) | 3.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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