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The global autotransfusion devices market size stood at USD 309.7 million in 2024. The market value is slated to rise from USD 329.6 million in 2025 to USD 516.9 million by 2032 at a CAGR of 6.6% during 2025-2032. Fortune Business Insights™ presents this information in its report titled “Autotransfusion Devices Market Size, Share & Industry Analysis, By Product Type (Autotransfusion Systems {Intraoperative, Post-operative, and Dual-Mode} and Consumables & Accessories), By Application (Cardiovascular Surgeries, Orthopedic Surgeries, Neurological Surgeries, Obstetrics & Gynecological Surgeries, and Others), By End User (Hospitals and Specialty Clinics & Others), and Regional Forecast, 2025-2032”.
During surgeries, autotransfusion devices help in the process of autotransfusion which helps people use their own blood instead of relying on donated blood. The demand for advanced blood management systems is rising with the increasing geriatric population and a rise in the number of surgical procedures.
The onset of the COVID-19 pandemic negatively affected the product demand, resulting in a drop in the revenues of several industry players in 2020. For instance, LivaNova PLC recorded nearly 11.5% decline in 2020 compared to 2019 driven by a downturn in product sales.
LivaNova Announced Plans to Participate in Stifel and other Healthcare Conferences to Enhance Business Prospects
In November 2024, LivaNova PLC shared plans to participate in various health conferences in November and December to provide a general business update during fireside chats. The company would be participating in the Stifel Healthcare Conference 2024 and the 6th Annual Wolfe Research Healthcare Conference in November and the Piper Sandler Healthcare Conference in December. The move is anticipated to help the company enhance its business prospects.
Soaring Technological Advancements to Bode well for Industry Growth
The escalating emphasis of industry players and research institutes to develop and bring novel and advanced products to the market. In addition, several companies are introducing novel platforms to bolster product adoption, positively influencing autotransfusion devices market growth.
The high cost of these systems may, however, affect industry expansion.
Key Players Adopt Various Strategic Steps to Enhance their Global Market Presence
Major industry participants are deploying numerous strategies to increase their global market presence. The introduction of new autotransfusion devices, portfolio expansion, and collaborations are some of these initiatives. Besides, companies are acquiring other players to gain a strong market foothold.
Key Players Profiled in the Report
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https://www.fortunebusinessinsights.com/industry-reports/autotransfusion-devices-market-101899
Key Industry Development
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 6.6% from 2025-2032 |
|
Unit |
Value (USD Million) |
|
Segmentation |
By Product Type
|
|
By Application
|
|
|
By End User
|
|
|
By Region
|