Autotransfusion Device Market Emerging Trends, Demand, Growth by Key Players and Forecast 2032
August 21, 2023 ⚊ 1 Min read ⚊ Views 35 ⚊ HEALTH
The worldwide Autotransfusion Device Market exhibited a valuation of USD 1.12 billion in 2022 and is poised to attain a commendable value of USD 1.87 billion by the year 2032. This growth trajectory anticipates a steady revenue compound annual growth rate (CAGR) of 5.8% throughout the forecast period. The expansion of the market is primarily driven by the increasing prevalence of chronic ailments, the growing requirement for autotransfusion devices in surgical interventions, and the growing acceptance of autologous blood transfusion.
The global surge in chronic diseases such as cancer, cardiovascular disorders, and orthopedic conditions underscores the need for surgical interventions, resulting in substantial blood loss necessitating blood transfusions. Autotransfusion devices mitigate the risks associated with traditional blood transfusions, including infection transmission, allergic reactions, and transfusion-related acute lung injuries (TRALI).
