What is Global Autotransfusion Devices and Consumables Market?
The Global Autotransfusion Devices and Consumables Market is a specialized sector within the broader healthcare industry. Autotransfusion is a process wherein a person receives their own blood for a transfusion, instead of banked allogenic (separate-donor) blood. There are two types of autotransfusion: Blood can be autologously "pre-donated" (termed so despite "donation" not typically referring to giving to one's self) before a surgery, or alternatively, it can be collected during and after the surgery using an intraoperative blood salvage device. The devices and consumables involved in this process form the crux of this market. The market includes a variety of devices and consumables, each with its own unique function and role in the autotransfusion process.
Devices, On-pump Transfusion Devices, Off-pump Transfusion Devices, Consumables in the Global Autotransfusion Devices and Consumables Market:
The Global Autotransfusion Devices and Consumables Market is segmented into devices and consumables. The devices segment is further divided into on-pump transfusion devices and off-pump transfusion devices. On-pump transfusion devices are used when the patient's heart is stopped during surgery. These devices pump and oxygenate the blood, replacing the function of the heart and lungs. Off-pump transfusion devices, on the other hand, are used when the heart is still beating during surgery. The consumables segment includes products like filters, tubing sets, reservoirs, and other accessories that are used along with the devices. Each of these products plays a crucial role in the autotransfusion process, ensuring that the blood is safely and effectively returned to the patient's body.
Hospitals, Ambulatory Surgical Centers, Others in the Global Autotransfusion Devices and Consumables Market:
The usage of Global Autotransfusion Devices and Consumables Market is widespread across various healthcare settings. Hospitals, being the largest and most complex healthcare institutions, are the primary users of these devices and consumables. They use autotransfusion devices and consumables in a variety of surgeries, ranging from cardiac and orthopedic surgeries to trauma and emergency procedures. Ambulatory Surgical Centers (ASCs), which provide same-day surgical care, including diagnostic and preventive procedures, also use these devices and consumables. Other healthcare settings like clinics and home healthcare also use autotransfusion devices and consumables, albeit to a lesser extent.
Global Autotransfusion Devices and Consumables Market Outlook:
The future of the Global Autotransfusion Devices and Consumables Market looks promising. In 2023, the market was valued at US$ 758.2 million and it is expected to reach US$ 992 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period from 2024 to 2030. This growth is part of a larger trend in the global market for medical devices, which was estimated at US$ 603 billion in 2023 and is projected to grow at a CAGR of 5% over the next six years. These figures indicate a steady demand for autotransfusion devices and consumables, driven by factors like increasing prevalence of diseases, advancements in technology, and growing awareness about the benefits of autotransfusion.
| Report Metric | Details |
| Report Name | Autotransfusion Devices and Consumables Market |
| Accounted market size in 2023 | US$ 758.2 million |
| Forecasted market size in 2030 | US$ 992 million |
| CAGR | 3.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Becton, Dickinson and Company, Brightwake Ltd., Fresenius, Getinge AB, Haemonetics Corporation, LivaNova PLC, Medtronic Plc., Stryker |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
