The market's growth is fuelled by an increase in surgical procedures and increase in accidents and trauma cases. This will provide beneficial opportunities for the market growth.
HOUSTON, Aug. 18, 2022 (GLOBE NEWSWIRE) -- The comprehensive industry research on “Global Transfusion devices Market” published by Data Bridge Market research includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. Key elements of this report range from industry outlook along with critical success factors, industry dynamics or market definition in terms of drivers and restraints, market segmentation and value chain analysis, key opportunities or developments, application, and technology outlook, regional or country-level analysis to the competitive landscape. What is more, the Transfusion devices report provides the data and information for actionable, most recent, and real-time market insights which makes it straightforward to even take critical business decisions
Data Bridge Market Research analyses that the transfusion devices market which was USD 255.6 million in 2021, would rocket up to USD 338.66 million by 2029, and is expected to undergo a CAGR of 3.58% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Blood transfusion sets, also known as transfusion sets, are employed in medical procedures for the safe transfusion of blood or blood components as well as to stop the entry of clots into patients. The blood transfusion sets from AdvaCare are made using premium tubing made from PVC that has undergone medical treatment and a highly precise flow controller.
Sets for blood transfusions are used to provide blood or treat blood disorders. Additionally, blood products are mixed in blood transfusion sets. Using a blood transfusion set helps prevent potentially dangerous diseases from being transferred to the recipient.
Some of the major players operating in the transfusion devices market are:
Immucor, Inc. (U.S.)
B. Braun Melsungen AG (Germany)
Terumo Corporation (Japan)
Grifols, S.A. (Spain)
Fresenius SE & Co. KGaA (Germany)
Haemonetics Corporation (U.S.)
Teleflex Incorporated (U.S.)
LivaNova PLC (U.K.)
Brightwake Ltd. (U.K.)
Advancis Surgical (U.K.)
Atrium Medical Technologies (U.S.)
Rise in accident cases
The market's growth is fuelled by an increase in surgical procedures and increase in accidents and trauma cases. This will provide beneficial opportunities for market growth.
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Transfusion devises Market Dynamics
Technological advancement in transfusion devices
It is anticipated that rising cardiac illness cases will accelerate market expansion. In the forecast period of 2022 to 2029, the transfusion devices market is anticipated to grow at a faster rate due to a number of other factors, including technological advancement in transfusion devices, an increase in surgical procedures, an increase in accidents and trauma cases, an ageing population, and a rise in the use of autotransfusion.
Rise in surgical procedures
The increase in the number of surgical procedures performed worldwide is driving the market for blood transfusion equipment. Additionally, technological advancements are anticipated to have a beneficial effect on the market's expansion over the course of the forecast year. Additionally, an increase in blood-related illnesses is anticipated to support market expansion over the next years.
Global Transfusion Devices Market Scope
Ambulatory Surgical Centers
On Pump Transfusion Devices
Off-Pump Transfusion Devices
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Important Facts about This Market Report:
This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details
The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions
This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned
The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed
The import and export details along with consumption value and production capability of every region is mentioned in the report
Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies
Transfusion Devices Market Regional Analysis/Insights
The transfusion devices market is analysed and market size insights and trends are provided by country, type, techniques, application, end-users and product type as referenced above.
The countries covered in the transfusion devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the transfusion devices market due to the growing number of geriatric population along with adoption of innovative medical technology.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
Major Highlights of TOC: Transfusion Devices Market
2 Transfusion Devices Market Competitions by Manufacturers
3 Transfusion Devices Capacity, Production, Revenue (Value) by Region (2022-2029
4 Transfusion Devices Supply (Production), Consumption, Export, Import by Region (2022-2029)
5 Transfusion Devices Production, Revenue (Value), Price Trend by Type
6 Transfusion Devices Market Analysis by Application
7 Transfusion Devices Manufacturers Profiles/Analysis
8 Transfusion Devices Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Transfusion Devices Market Forecast (2022-2029)
13 Research Findings and Conclusion
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The study objectives of this report are:
To study and analyse the Invisible Transfusion Devices market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
To understand the structure of Induction Invisible Transfusion Devices market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market
Focuses on the key Invisible Transfusion Devices manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyse the Induction Invisible Transfusion Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Induction Invisible Transfusion Devices sub-markets, with respect to key regions
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the Induction Invisible Transfusion Devices market.
To strategically profile the key players and comprehensively analyse their growth strategies.
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