0

Autotransfusion Devices Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2019
  • Pages: 151
  • SKU: IRTNTR40094
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The autotransfusion devices market has the potential to grow by USD 76.23 million during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.

This autotransfusion devices market research report analyzes the market’s competitive landscape and offers information on several market vendors, including Becton, Dickinson and Co., Brightwake Ltd., Fresenius Medical Care AG & Co. KGaA, Getinge AB, Haemonetics Corp., LivaNova Plc, Medtronic Plc, Redax Spa, Teleflex Inc., and Zimmer Biomet Holdings Inc. Also, the report provides a detailed analysis of the market by product (systems and accessories) and geography (Asia, Europe, North America, and ROW).

Statistical Analysis of Autotransfusion Devices Market

Autotransfusion-Devices-Market-Size

Get ToC, LoE, sample illustrations, and more information on Autotransfusion Devices Market Statistics 

Request a FREE sample now!

Market Competitive Analysis

The autotransfusion devices market is currently concentrated. However, the degree of concentration will increase during the forecast period, which is primarily owing to the adoption of growth strategies such as mergers and acquisitions, partnerships, and collaborations. Through these strategies, vendors are focusing on minimizing product recalls and production costs of advanced equipment. Medtronic Plc, Redax Spa, Teleflex Inc., and Zimmer Biomet Holdings Inc. are a few of the major market participants.

Factors such as the rising number of cardiac and orthopedic surgeries will offer immense business opportunities to market vendors. However, challenges such as the high costs associated with autotransfusion will hinder market growth. To boost the autotransfusion devices market demand, vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

This autotransfusion devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies which will help clients improve their market position. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this report includes information on the upcoming autotransfusion devices market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This autotransfusion devices market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Becton, Dickinson and Co.
  • Brightwake Ltd.
  • Fresenius Medical Care AG & Co. KGaA
  • Getinge AB
  • Haemonetics Corp.
  • LivaNova Plc
  • Medtronic Plc
  • Redax Spa
  • Teleflex Inc.
  • Zimmer Biomet Holdings Inc.

Autotransfusion Devices Market: Segmentation by Region

Autotransfusion-Devices-Market-Share-by-Region

For more autotransfusion devices market insights on shares of various regions Request for a FREE sample now!

North America was the largest market for autotransfusion devices in 2019, and the region will offer maximum growth opportunities to market vendors during the forecast period. The prevalence of cardiac and orthopedic surgeries, a growing number of transplant procedures, and the adoption of technologically advanced medical device products are some of the significant factors contributing to the autotransfusion devices market growth in North America. The increasing awareness among healthcare professionals about the benefits of using the devices and rising healthcare expenditure will also increase sales of autotransfusion devices in the region.

Almost 39% of the market’s growth will originate from North America during the forecast period. The increasing presence of vendors and technological advances in blood transfusion procedures will also fuel market growth in the region. The US is one of the key markets for autotransfusion devices in North America. However, market growth in this region will be slower than the growth of the market in Asia and Europe.

Autotransfusion Devices Market: Segmentation by Product

Autotransfusion-Devices-Market-Share-by-Product

Request for a FREE sample and Get more information on the market contribution of various product

Autotransfusion systems are primarily used for the autotransfusion process during intraoperative and postoperative procedures. These systems help in collecting and processing the patient’s blood during surgery to avoid complications associated with transfusion with the donor’s blood or blood obtained from the blood bank. As a result, the deployment of these devices is increasing among hospitals, clinics, ASCs, and other specialty centers. Vendors are focusing on developing advanced autotransfusion systems that have anticoagulation and aspiration techniques to collect shed blood, which is returned to patients.

Market growth by the systems segment will be faster than the growth of the market by the accessories segment. This report provides an accurate prediction of the contribution of all the autotransfusion devices market segmentation.

Autotransfusion Devices Market Dynamics

Patients suffering from anemia, sickle cell disease, and hemophilia require blood transfusion during intraoperative and postoperative procedures. The prevalence of various chronic diseases, such as heart diseases, lung cancer, colorectal cancer, arthritis, and osteoporosis, is increasing the demand for autotransfusion devices. The number of visits to emergency departments in hospitals and clinics has increased because of the high number of individuals diagnosed with heart diseases, contributing to increased cardiac surgeries. These surgical procedures require autologous transfusions to avoid the risk of infections. These factors have created a significant demand for autotransfusion devices, contributing to the market growth.

  • The growing technological innovation has enabled a paradigm shift in cost as well as the manageability of medical equipment.
  • The launch of wearable devices has made patient-monitoring much simpler and cost-effective, which has further improved patient adherence to health monitoring.
  • Many companies are focusing on the development of technological platforms that are integrated with autotransfusion systems to provide blood products to patients during surgical procedures.
  • Surgeons prefer advanced autotransfusion devices for a comprehensive range of surgical and transplantation processes.
  • Technological advances in these devices is one of the significant autotransfusion devices market trends. 
  • The autotransfusion devices market size will grow at a CAGR of almost 6% during 2020-2024.

Autotransfusion-Devices-Market-Report

Request for a FREE sample now!

Key Highlights of the Autotransfusion Devices Market Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will accelerate the autotransfusion devices market growth during the next five years
  • Precise estimation of the autotransfusion devices market size and its contribution to the parent market
  • Autotransfusion devices market facts & figures and accurate predictions on upcoming trends and changes in consumer behavior
  • Estimation of potential opportunity for autotransfusion devices market by product and geographic segments
  • Identification of key countries across Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of autotransfusion devices vendors 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Systems - Market size and forecast 2019-2024
  • Accessories - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Business strategies
  • Technological advances
  • Growing awareness about risks related to allogeneic blood transfusion

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Becton, Dickinson and Co.
  • Brightwake Ltd.
  • Fresenius Medical Care AG & Co. KGaA
  • Getinge AB
  • Haemonetics Corp.
  • LivaNova Plc
  • Medtronic Plc
  • Redax Spa
  • Teleflex Inc.
  • Zimmer Biomet Holdings Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Health Care
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>