"Designing Growth Strategies is in our DNA"

U.S. Autotransfusion Services Market Size, Share & COVID-19 Impact Analysis, By Indication (Cardiovascular, Orthopedic, Neurology, Gynecology, Urology, Trauma, and Others), By End User (Hospitals, and Ambulatory Surgery Centers), and Forecast, 2020-2027

Last Updated: November 04, 2024 | Format: PDF | Report ID: FBI104196

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The U.S. autotransfusion services market size was USD 838.4 million in 2019 and is projected to reach USD 1,072.1 million by 2027, exhibiting a CAGR of 6.5% during the forecast period.


Autotransfusion, also known as cell-salvage, is a technique where a patient receives his own blood during a surgical procedure. According to an article published by the PLOS Journal, in 2019, an estimated 500,000 coronary artery bypass grafting (CABG) procedures were performed in the U.S. These surgeries, along with knee and hip replacement surgeries are usually associated with blood loss. Transfusion of blood is traditionally performed by using allogeneic blood, collected from another person, and transfused during a surgical procedure when required.


According to an article published by SpecialityCare, around 14.6 million units of blood are transfused annually in the U.S., at a cost of around USD 7.6 billion. However, the overall cost of allogeneic blood is higher, as compared to the cell-salvage technique, owing to various cost components. These include the cost of acquisition, pre-transfusion testing, storage, and transport costs, along with indirect costs associated with complications and increased hospital stay.


This has led to healthcare facilities focusing more on reducing the overall costs associated with blood transfusion, which has further paved the way for autotransfusion procedures. A specialized equipment or autotransfusion device, trained professionals, and qualified staff are some of the pre-requisites of autotransfusion.


Declining Number of Surgical Procedures amid COVID-19 Pandemic to Hamper Growth


The outbreak of the COVID-19 pandemic has had a negative impact on the U.S. autotransfusion services market. The number of autotransfusion procedures performed each year in the U.S. is directly proportional to the number of patients undergoing surgical procedures each year. During the pandemic, social distancing norms laid down by the government, along with various other regulations being imposed, has led to a decline in the number of patients undergoing surgical procedures. This is set to result in an overall decline in the demand for autotransfusion services in the country during the forthcoming period.


According to the Minneapolis Heart Institute Foundation, there was an estimated 40% drop in ST-elevation myocardial infarction (STEMI) procedures performed in the U.S. during Q1 2020. According to a study conducted using data from the American Joint Replacement Registry, an estimated 30,000 primary and 3,000 revision hip surgeries were estimated to be postponed each week during March and April 2020 in the U.S.


The outbreak has additionally led hospitals to postpone organ transplant procedures. Apart from that, around 50% to 55% of all other non-urgent elective transplants have been postponed. This has led to a significant decline in the demand for autotransfusion services in the U.S.


LATEST TRENDS


Request a Free sample to learn more about this report.


Gradual Shift towards Autologous Blood Transfusion is a Current Trend


The rising number of surgical procedures is set to subsequently propel the need for blood transfusion. Various risk factors, complications, and ethical issues related to allogeneic blood transfusion are leading to a gradual shift towards autologous blood transfusion. The latter is a safe alternative to allogeneic transfusion owing to its several advantages for rare blood groups and patients with ethical issues.


According to an article published by Annals of Surgery, in the U.S., out of the 145 patients undergoing aortic surgery, 56.0% of patients underwent autologous transfusion and rest under allogeneic transfusion. This marks the shift of patients towards autologous transfusions, creating a high demand for autotransfusion services in the U.S.


Also, according to various studies, there has been a 12.2% decline in allogeneic transfusion in the past 2-3 years in the U.S. The growing preference for autologous blood transfusions in the U.S. is set to create a higher demand for autotransfusion services in the country during the forecast period.


DRIVING FACTORS


Increasing Number of Surgical Procedures to Propel Growth


According to the American Academy of Orthopedic Surgeons (AAOS) and the Agency for Healthcare Research and Quality (AHRQ), an estimated 790,000 knee replacement and estimated 450,000 hip replacement procedures are performed in the U.S. each year. Various benefits of autologous blood transfusion over allogeneic transfusions, such as the reduced risk of infections, better oxygen transfer, enhanced activities of coagulation factors, and elimination of pre-transfusion inspections associated with allogeneic blood are expected to boost the demand for autotransfusion services in the U.S.


Also, the low cost of autologous transfusion, as compared to allogeneic transfusion, is propelling the adoption of cell-salvage procedures among healthcare providers in hospitals and other healthcare settings. This, combined with the entry of regional and domestic players in the U.S., offering an array of autotransfusion services for various indications to healthcare facilities, is fuelling the demand for these services in the market. This increasing demand for autotransfusion procedures is further augmented by the introduction of new autotransfusion devices being introduced by leading market players LivaNova PLC., Medtronic, and others.


RESTRAINING FACTORS


Risks Associated with Autotransfusion to Hinder Market Growth            


According to an article published by Hokkaido University Hospital, the most frequent side effect of autotransfusion is a vasovagal reflex. It is a spontaneous reaction from the patient’s body during blood collection. The minor symptoms include dizziness, cold sweat, and a slight pressure drop. If the symptoms progress, it will cause nausea, vomiting, and a moderately severe drop in blood pressure.


Despite several advantages of autologous transfusion over allogeneic ones, there are certain risks associated with autotransfusion such as the depletion of plasma and platelets, side effects at the time of blood collection, disseminated intravascular coagulation, and renal insufficiency. These are limiting the adoption of autotransfusion services in the U.S. and making the concept of bloodless surgeries popular in the country.


SEGMENTATION


By Indication Analysis


To know how our report can help streamline your business, Speak to Analyst


Cardiovascular Segment to Dominate Stoked by Rising Number of These Surgeries


Based on indication, the U.S. autotransfusion services market is segmented into cardiovascular, neurology, orthopedic, gynecology, urology, trauma, and others. The cardiovascular segment dominated the U.S. market in 2019. Coronary artery bypass graft (CABG) and transcatheter aortic valve replacement (TAVR) are the major cardiac surgeries associated with blood loss during the procedure. The advantages of autologous blood transfusion during these procedures, along with the growing preference for autotransfusion services among healthcare providers in the U.S., are set to result in a higher share of the cardiovascular segment.


However, the orthopedic segment is projected to register a comparatively higher CAGR, owing to the growing number of knee and hip replacement procedures, as well as similar other orthopedic surgeries in the U.S. Besides, the presence of a large number of players offering autotransfusion services in the country.


The limited penetration of autotransfusion services in neurology and urology, coupled with the lower preference for autologous transfusion among healthcare providers for these procedures, has been pivotal in the lower share of these segments in 2019.


By End User Analysis


Hospitals Held a Dominant Share in 2019 Backed by Presence of Expert Staff


Based on end-users, the U.S. autotransfusion services market is segmented into hospitals and ambulatory surgery centers (ASCs). Autotransfusion procedures are characterized by the presence of expensive cell-salvage equipment, qualified autotransfusionist, and expert staff. Despite the growth of the number of surgeries being performed in ambulatory surgery centers in the U.S., CABG, and TAVR are still preferred in hospital inpatient settings. This factor is set to contribute to the growth of the hospitals segment. Also, the rising adoption of these services in hospital settings, as well as the rising presence of qualified staff & autotransfusionist on-board, would contribute to the high share of the segment in the U.S.


The ambulatory surgery centers segment is projected to register a comparatively higher CAGR during 2020-2027, owing to the rising number of orthopedic procedures being performed in these settings in the U.S. According to HCUP, an estimated 57% of the primary knee, 40% of hip replacement, and around 60% of spinal fusion procedures will be performed in ASCs by 2027 in the U.S.


KEY INDUSTRY PLAYERS


Extensive Service Portfolio & Widespread Geographical Presence to Help SpecialtyCare Maintain its Dominance


The U.S. autotransfusion services market is characterized by the presence of a large number of small and domestic players, with very few of them having a wide geographical presence in the country. One such player is SpecialtyCare, who is among the dominant companies in terms of perfusion services and one of the leaders in autotransfusion services. According to the company, it has assisted an estimated 350 hospitals in the U.S., by performing around 134,000 perfusion procedures in these settings in 2018.


The other key players include comprehensive care services and keystone perfusion. A strong and growing presence of these players across the U.S., along with the rapid expansion of services portfolio, will strengthen their market positions. 


LIST OF KEY MARKET PLAYERS PROFILED IN THIS REPORT:



  • Comprehensive Care Services (Michigan, U.S.)

  • SpecialtyCare (Tennessee, U.S.)

  • Keystone Perfusion (Pennsylvania, U.S.)

  • Atlanta Surgical Services Inc. (Atlanta, U.S.)

  • Vivacity Perfusion (Tennessee, U.S.)

  • Carolina Autotransfusion, Inc. (South Carolina, U.S.)

  • CENTRAL VALLEY PERFUSION, INC. (California, U.S.)


KEY INDUSTRY DEVELOPMENTS:



  • January 2020 – SpecialityCare acquired Phoenix-based Perfusion services provider, Phoenix Perfusion Services, LLC (PPS), and Arizona Perfusion Supply Company, LLC (APS).


REPORT COVERAGE


An Infographic Representation of U.S. Autotransfusion Services Market

To get information on various segments, share your queries with us



The U.S. autotransfusion services market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, services, and leading indications. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, it encompasses several factors that have created numerous growth opportunities and contributed to the advancement of the market over recent years.


Report Scope & Segmentation










































 ATTRI(BUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD million)



Segmentation



  Indication and End User



By Indication


 




  • Cardiovascular

  • Neurology

  • Orthopedics

  • Gynecology

  • Urology

  • Trauma

  • Others 



By End User


 




  • Hospitals

  • Ambulatory Surgery Centers




Author

Bhushan Pawar ( Assistant Manager -Healthcare )

Bhushan is a seasoned professional with nearly a decade of experience in consulting and market re...Read More...


Frequently Asked Questions

Fortune Business Insights says that the U.S. market size was USD 838.4 million in 2019 and is projected to reach USD 1,072.1 million by 2027.

Registering a CAGR of 6.5%, the market will exhibit steady growth in the forecast period (2020-2027).

The cardiovascular segment is expected to be the leading segment in this market during the forecast period.

The increasing number of surgical procedures is one of the major factors driving the growth of the market.

Comprehensive Care Services, Keystone Perfusion, Inc., and SpecialtyCare are the major players in the market.

The entry of domestic players with diverse service offerings is expected to drive the adoption of autotransfusion services in the U.S.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • REPORT UPDATE
    IN PROCESS
  • 2019-2032
    (In Process)
  • 2023
    (In Process)
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X