Infinium Global Research Autotransfusion Devices Market | Page 3

Autotransfusion Devices Market: Trends and Forecast -2024 collect blood from the patient’s body which can be later used for auto transfusion. Thus, the adoption of auto transfusing is increasing that likely to boost the demand of auto transfusion device market. In addition, ongoing innovations in the Auto- transfusion systems are anticipated to contribute in the growth of the auto- transfusion device market. However, Lack of availability of skillful workforce is hampering the growth of auto-transfusion devices market. Moreover, the growing adoption Auto-transfusion devices in hospitals & clinics are projected to escalate new opportunities in the auto-transfusion market. Geographically, North America holds the maximum market share in the auto- transfusion device market. The growing cardiac problem, increase usage of large number of devices and developed healthcare infrastructure are the key factors driving the growth of auto-transfusion device market in the North America region. In addition, favorable reimbursement policies across countries such as U.S and Canada are further facilitating growth in the North America region. Furthermore, Asia Pacific region is the fastest growing region in the auto-transfusion market owing to the growing healthcare infrastructure and high demand of auto- transfusion devices linked with rising cardiac surgeries in this region. Segment Covered The report on global autotransfusion devices market covers segments such as, product types and end users. On the basis of product types the global autotransfusion devices market is categorized into on pump transfusion devices and off pump transfusion devices. On the basis of end users the global autotransfusion devices market is categorized into ambulatory surgical centers, hospitals, emergency rooms, nursing homes and others. Geographic Coverage The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024. 3 © Infinium Global Research