Autotransfusion Devices Market Valuation Expected To Reach $1.67 Billion By 2029, Growing At A Rate Of 7%
Discover trends, market shifts, and competitive outlooks for the autotransfusion devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Key Milestones in the Autotransfusion Devices Market’s Growth Trajectory From 2025 To 2034?
The market for autotransfusion devices has shown significant expansion recently. It is projected to escalate from $1.21 billion in 2024 to around $1.27 billion in 2025, marking a compound annual growth rate (CAGR) of 5.2%. Several factors led to this growth during the historic period, such as the surge in surgical procedures, the rise in cardiovascular disease prevalence, the increase in orthopedic surgeries and joint replacements, prioritization of patient safety, and initiatives to lower the cost of blood transfusions.
The market for autotransfusion devices is anticipated to witness substantial growth in the coming years, expanding to a value of around “$1.67 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.0%. The projected expansion during the forecast period can be attributed to factors such as the increasing elderly population, the growth of ambulatory surgical centers, an emphasis on blood conservation in the field of obstetrics, and adoption in emerging healthcare markets. Leading trends for the forecast period include advancements in blood processing technology, the incorporation of sophisticated sensors, tailoring to various procedures, closed-loop systems from singular donors, and the shrinking size of devices.
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Which Factors and External Forces Are Driving Demand in the Autotransfusion Devices Market?
The rise in cardiovascular diseases is anticipated to fuel the expansion of the autotransfusion device market. Cardiovascular diseases (CVDs), which impact the heart and blood vessels, are promoting the use of autotransfusion devices that reduce the reliance on allogeneic blood transfusions. Allogeneic transfusions involve the utilization of externally donated blood, while autotransfusion facilitates the reinfusion of the patient’s own blood, curtailing the chances of transfusion reactions and complications linked with donor blood. For example, the Heart Disease and Stroke Statistics-2022 Update report by the American Heart Association, a non-profit organization in the US, highlights that cardiovascular diseases (CVDs) continue to be the top cause of death worldwide, claiming approximately 17.9 million lives annually. Hence, the escalating occurrence of cardiovascular diseases is propelling the autotransfusion device market’s growth.
Which Segments in the Autotransfusion Devices Offer the Most Growth?
The autotransfusion devices market covered in this report is segmented –
1) By Product Type: Autotransfusion Systems, Consumables And Accessories
2) By Application: Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics And Gynecology Surgeries, Other Applications
3) By End-Use: Hospitals, Specialty Clinics, Other End Users
Subsegments:
1) By Autotransfusion Systems: Surgical Autotransfusion Systems, Emergency Autotransfusion Systems, Continuous Flow Autotransfusion Systems
2) By Consumables And Accessories: Collection Reservoirs, Blood Filters, Tubing Sets, Pumps, Anticoagulants
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What Are the Fastest-Growing Geographies in the #Which Factors and External Forces Are Driving Demand in the Autotransfusion Devices Market?# Market?
North America was the largest region in the autotransfusion devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global autotransfusion devices market during the forecast period. The regions covered in the autotransfusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which Cutting-Edge Market Trends Are Expected to Drive theAutotransfusion Devices Market’s Growth?
Leading corporations in the autotransfusion devices market are focusing their efforts on devising highly advanced solutions, such as the next-generation intelligent control software, to improve accuracy, productivity, and patient outcomes during blood transfusions. This groundbreaking software in autotransfusion devices contains sophisticated algorithms designed to maximize blood recovery, processing, and reinfusion in real-time, improving efficiency and ensuring patient safety. For example, in March 2023, Haemonetics Corporation, an American firm specializing in blood and plasma supplies and services, received clearance from the U.S. Food and Drug Administration (FDA) for their Cell Saver Elite+ Autotransfusion System. This next-generation software enhances the recovery of red blood cells during surgeries with medium to high blood loss potential. This innovative improvement streamlines autotransfusion procedures, minimizes unnecessary allogeneic transfusions, and, ultimately, improves patient outcomes.
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What Are the Key Elements That Define the Autotransfusion Devices Market?
Autotransfusion devices refer to tools used to collect and reinfuse a patient’s blood during a medical procedure, instead of using donated blood. This process is also known as autologous blood transfusion and can help reduce the need for allogenic (separate-donor) blood transfusions. Autotransfusion devices are commonly used in trauma patients in the emergency department and during surgeries.
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