Global Autotransfusion Devices Market to Grow at over 6% Through 2026, North America to Be the Largest Region
Demand for autotransfusion devices is likely to witness an increase on account of growing demand for safe and efficient blood transfusion
Albany, NY -- (SBWire) -- 06/02/2018 --Global demand for autotransfusion devices is projected to grow at a healthy rate, as healthcare providers focus on offering infection-free transfusions. On back of growing investments in quality healthcare, the autotransfusion devices market is likely to grow at a CAGR of over 6% during the assessment period. These insights are according to a new research study titled "Autotransfusion Devices Market – Global Industry Analysis, Share, Size, Growth, Trends and Forecast 2017 – 2026" that has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE).
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According to the report, demand for autotransfusion devices is likely to witness an increase on account of growing demand for safe and efficient blood transfusion. The rising prevalence of cardiovascular diseases, combined with growing investments in healthcare around the globe have provided the much-needed impetus to the autotransfusion devices market globally.
The research study offers detailed analysis on the growth of the market in several regions. According to the research study, North America continues to be one of the leading markets for autotransfusion devices globally. The market in North America is likely to be fuelled by increasing demand from hospitals, clinics, and ambulatory surgical centers. The high prevalence of cardiovascular diseases, combined with hectic lifestyle of the population has led to an increase in the number of cardiovascular fatalities in the region. According to estimates, the number of fatalities in the US on account of cardiovascular diseases are to the tune of 2,200. Government in the US and Canada is focusing on offering quality care and services to the populace, and this has given a fillip to the demand for autotransfusion devices in the region.
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According to the business intelligence study, adoption of autotransfusion devices in ambulatory surgical centers is growing at a brisk pace. It is highly likely that ambulatory surgical centers will emerge as a lucrative end-use segment during the assessment period. It is expected that manufacturers will broaden their focus on this end-use segment to leverage the emerging opportunities in this landscape.
The business intelligence study also offers in-depth analysis and insights on the leading players in the market. The business and product strategies of some of the key players in the market have been discussed in detail in the study. According to the report, some of the leading players in the market include Haemonetics, Medtronic, Fresenius Kabi, LivaNova, Stryker, Atrium Medical, Terumo Corporation, and Advancis Surgical. These players are also focusing on expanding their market presence in Asia Pacific to leverage the upcoming opportunities in the region.
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