Autotransfusion Devices And Consumables Market - Forecast(2021 - 2026)

Report Code: HCR 55434 Report Format: PDF + Excel (Delivery in 48 Hrs)

Autotransfusion Devices and Consumables Market Overview

Autotransfusion Devices and Consumables market size was valued at $889 million in 2020, and is anticipated to reach $1,098 million by the end of 2026 growing at a CAGR of 6.2% during the forecast period 2021-2026. The Autotransfusion Devices and Consumables industry growth rate is attributed to the increased prevalence of cardiac and vascular diseases, transplantation related infections and is anticipated bringing new opportunities. 

During a cardiac or orthopedic surgery, autotransfusion is a form of autologous blood transfusion in which the patient receives his or her own blood after part isolation, washing, and filtration. After purification is complete, the blood is rein-fused into the patient’s body. When compared to allogeneic blood transfusion, which has a higher risk of transfusion transmitted infection, the risk of postoperative transfusion transmitted infection is very low with autologous blood transfusion. 

Moreover, presently untapped market potential in developing regions with more population and lack of healthcare amenities is expected to provide lucrative opportunities for autotransfusion devices and consumables market trends. However, higher costs associated with autotransfusion devices and their maintenance are anticipated to limit the growth of the autotransfusion devices and consumables market, as people in developing countries would prefer allogeneic blood transfusion due to its cost effectiveness.

Autotransfusion Devices and Consumables Market  Report Coverage

The report: “Autotransfusion Devices and Consumables Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Autotransfusion Devices and Consumables Market:

By Product Type: Autotransfusion Devices and Consumables.
By Usage: Perioperative Usage, Post-Operative Usage and Dual-Mode Usage.
By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics & Gynaecological Surgeries and Others.
By End-Users:    Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others.
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and Others) and RoW (Middle East and Africa).

Key Takeaways

  • North America dominated the autotransfusion devices and consumables market with a share of 33.9% in the year 2020.        
  • The factors such as higher preference of people for autotransfusion technique over allogeneic due to higher chances of graft versus host disease induced infection are amongst the major factor projected to impel growth of autotransfusion devices and consumables market.
  • Additionally, factors such as rise in the number of orthopedic, cardiac and vascular surgeries, and technological advancements in the development of autotransfusion devices and consumables are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.

Autotransfusion Devices and Consumables Market Segment Analysis - By Product Type

In 2020, on the basis of product type, autotransfusion segment accounted for the largest segmental revenue of the autotransfusion devices and consumables market. The autotransfusion segment held the largest market on account of the increasing adoption of autotransfusion systems in developed, as well as developing countries. The growth is anticipated to be fueled by increased versatility, transfusion report generation, and connectivity.

On the contrary, consumables segment is projected to witness healthy growth throughout the forecast period 2021-2026 with a CAGR of 6.80% as consumables used during the autotransfusion method are disposed and nor reused; thus, this segment is anticipated to be the fastest growing sector in the product type segment during the forecast period 2021-2026. The factors contributing towards the growth of consumables market include lesser risk of transfusion transmitted infection, efficiency, and edge over other devices.

Global Autotransfusion Devices and Consumables Market, By Usage 2020(%)

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Autotransfusion Devices and Consumables Market Segment Analysis - By End Users

On the basis of end users, hospital segment accounted for the largest segmental revenue of the Autotransfusion Devices and Consumables market in 2020. The large share can be attributed to the increasing number of cardiovascular and obstetrics & gynecological surgeries in hospitals. Certain factors such as evolving healthcare infrastructure in developing countries and increasing number of advanced healthcare facilities are likely to boost the adoption of autotransfusion devices in hospitals, and this will accelerate the growth of the hospital segment in the autotransfusion devices market during the forecast period 2021-2026.

On the other hand, specialty clinics segment is projected to dominate over the forecast period 2021-2026 with a CAGR of 6.5%. The specialty clinics are to witness a healthy growth owing to the increasing number of advanced trauma centres, cardiovascular centres, and emergency centres. Increasing adoption of intraoperative and postoperative cell salvage in specialty clinics, especially in developed regions is anticipated to offer significant growth for the specialty clinics and others segments during the forecast period 2021-2026.

Autotransfusion Devices and Consumables Market Segment Analysis - By Geography

North America is the major region dominating the Autotransfusion Devices and Consumables market with a market share of 33.9% in the year 2020. This can be attributed to the increasing focus on autologous blood transfusion in major cardiovascular & orthopaedic surgeries coupled with developed infrastructure that have fueled the regional market. Moreover, rise number of patient suffering from cardiovascular, orthopedic diseases, and increase in geriatric population, leading to a higher probability for the transplantation of organs are anticipated to fuel market growth during the forecast period 2021-2026.

However, Asia-Pacific is projected to be the significant-growing market during the forecast period 2021-2026 as with entry of new market players and growing awareness on cell salvage technologies most of the developed countries in the region have adopted autotransfusion technique, devices and consumables owing to the emphasis by the government bodies owing to lesser risk of transfusion transmitted infection which has propelled the market growth throughout the autotransfusion devices and consumables market forecast period 2021-2026.

Autotransfusion Devices and Consumables Market Drivers

Advancements With Increasing Number Of Surgical Procedures

The autotransfusion devices and consumables market is poised to receive upswing owing to scarcity of donated blood, increasing number of surgical procedures, ageing population, increasing prevalence of chronic conditions, and need for advanced blood management are all contributing factors thereby, augmenting factors that are to affect the global market. Moreover, advancements in medical science have led manufacturers to develop various devices and medical equipment, human life betterment being the sole purpose. Such is the case with blood transfusion, where manufacturers have come up with devices that allow efficient and infection free transfusion. Therefore, growing incidences of heart problems and cardiac surgeries has resulted in adoption of advanced transfusion systems around the world that drives the growth of autotransfusion devices and consumables market during the forecast period 2021-2026.

Autotransfusion Devices and Consumables Market Challenges

Inflated Cost And Preferable Alternative Of Open Surgery

Despite several drivers, one of the major factor hindering is the higher cost related with devices used for autotransfusion and its maintenance as people in a developing nation would opt for allogeneic blood transfusion technique due to its cost effectiveness thereby, challenging the regional market growth.

Autotransfusion Devices and Consumables Market Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the autotransfusion devices and consumables market. In 2020, autotransfusion devices and consumables market share is fragmented by the top ten players present in the market. The autotransfusion devices and consumables market top 10 companies are Haemonetics, Becton Dickinson and Company, Brightwake, Getinge AB, Fresenius Kabi, LivaNova, Medtronic, Advancis Surgical, Stryker and others.

Acquisitions/Product Launches

  • In June 2020, ProCell Surgical Inc. announced the launch of ProCell, the medical device used to automate the manual and outdated activity of surgical sponge-blood recovery for intraoperative autotransfusion.

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1. Autotransfusion Devices And Consumables Market - Overview
    1.1 Definitions and Scope
2. Autotransfusion Devices And Consumables Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by End Users
    2.4 Key trends by Geography
3. Autotransfusion Devices And Consumables Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Autotransfusion Devices And Consumables Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Autotransfusion Devices And Consumables Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Autotransfusion Devices And Consumables Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Autotransfusion Devices And Consumables Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Autotransfusion Devices And Consumables Market - By Product Type (Market Size –$Million/$Billion)
    8.1 Autotransfusion Devices
        8.1.1 Blood Processing
        8.1.2 Collection Devices
        8.1.3 Vacuum Pump
        8.1.4 Accessories
        8.1.5 Others
    8.2 Consumables
9. Autotransfusion Devices And Consumables Market - By Usage (Market Size –$Million/$Billion)
    9.1 Perioperative Usage
    9.2 Post-Operative Usage
    9.3 Dual-Mode Usage
10. Autotransfusion Devices And Consumables Market - By Application (Market Size –$Million/$Billion)
    10.1 Cardiovascular Surgeries
    10.2 Orthopedic Surgeries
    10.3 Neurological Surgeries
    10.4 Obstetrics & Gynaecological Surgeries
    10.5 Others
11. Autotransfusion Devices And Consumables Market - By End-Users (Market Size –$Million/$Billion)
    11.1 Hospitals
    11.2 Ambulatory Surgical Centers
    11.3 Specialty Clinics
    11.4 Others
12. Autotransfusion Devices And Consumables Market - By Geography(Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Mexico
        12.1.3 Canada
    12.2 Europe
        12.2.1 U.K.
        12.2.2 France
        12.2.3 Germany
        12.2.4 Russia
        12.2.5 Italy
        12.2.6 Spain
        12.2.7 Rest of Europe
    12.3 Asia Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of APAC
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Others
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
        12.5.3 South America
13. Autotransfusion Devices And Consumables Market - Entropy
14. Autotransfusion Devices And Consumables Market – Industry/Segment Competition Landscape Premium
    15.1 Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Countries – Key Companies
        15.1.4 Best Practices for Companies
16. Autotransfusion Devices And Consumables Market – Key Company List by Country Premium Premium
17. Autotransfusion Devices And Consumables Market Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
1.1 Devices Market 2019-2024 ($M) - Global Industry Research
1.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
1.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
1.2 Consumables Market 2019-2024 ($M) - Global Industry Research
2.Global AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
2.1 Hospitals Market 2019-2024 ($M) - Global Industry Research
2.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Global Industry Research
3.Global AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 (Volume/Units)
3.1 Devices Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 On Pump Transfusion Devices Market 2019-2024 (Volume/Units)
3.1.2 Off-Pump Transfusion Devices Market 2019-2024 (Volume/Units)
3.2 Consumables Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 (Volume/Units)
4.1 Hospitals Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Ambulatory Surgical Centers Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
5.1 Devices Market 2019-2024 ($M) - Regional Industry Research
5.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
5.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
5.2 Consumables Market 2019-2024 ($M) - Regional Industry Research
6.North America AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
6.1 Hospitals Market 2019-2024 ($M) - Regional Industry Research
6.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Regional Industry Research
7.South America AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
7.1 Devices Market 2019-2024 ($M) - Regional Industry Research
7.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
7.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
7.2 Consumables Market 2019-2024 ($M) - Regional Industry Research
8.South America AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
8.1 Hospitals Market 2019-2024 ($M) - Regional Industry Research
8.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Regional Industry Research
9.Europe AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
9.1 Devices Market 2019-2024 ($M) - Regional Industry Research
9.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
9.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
9.2 Consumables Market 2019-2024 ($M) - Regional Industry Research
10.Europe AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
10.1 Hospitals Market 2019-2024 ($M) - Regional Industry Research
10.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Regional Industry Research
11.APAC AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
11.1 Devices Market 2019-2024 ($M) - Regional Industry Research
11.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
11.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
11.2 Consumables Market 2019-2024 ($M) - Regional Industry Research
12.APAC AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
12.1 Hospitals Market 2019-2024 ($M) - Regional Industry Research
12.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Regional Industry Research
13.MENA AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE Market 2019-2024 ($M)
13.1 Devices Market 2019-2024 ($M) - Regional Industry Research
13.1.1 On Pump Transfusion Devices Market 2019-2024 ($M)
13.1.2 Off-Pump Transfusion Devices Market 2019-2024 ($M)
13.2 Consumables Market 2019-2024 ($M) - Regional Industry Research
14.MENA AUTOTRANSFUSION DEVICES AND CONSUMABLES MARKET, BY END USE Market 2019-2024 ($M)
14.1 Hospitals Market 2019-2024 ($M) - Regional Industry Research
14.2 Ambulatory Surgical Centers Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
2.Canada Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
3.Mexico Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
4.Brazil Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
5.Argentina Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
6.Peru Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
7.Colombia Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
8.Chile Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
9.Rest of South America Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
10.UK Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
11.Germany Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
12.France Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
13.Italy Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
14.Spain Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
15.Rest of Europe Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
16.China Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
17.India Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
18.Japan Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
19.South Korea Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
20.South Africa Autotransfusion Devices And Consumables Market Revenue, 2019-2024 ($M)
21.North America Autotransfusion Devices And Consumables By Application
22.South America Autotransfusion Devices And Consumables By Application
23.Europe Autotransfusion Devices And Consumables By Application
24.APAC Autotransfusion Devices And Consumables By Application
25.MENA Autotransfusion Devices And Consumables By Application
26.Becton, Dickinson and Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Brightwake Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Fresenius, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Getinge AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Haemonetics Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.LivaNova PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Medtronic Plc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Stryker, Sales /Revenue, 2015-2018 ($Mn/$Bn)