Global Blood Warmers Market Size study, by Product (Portable, Non-portable Blood Warmers), By End-use (Hospitals/Clinic, Ambulatory Services, Defense Forces, Rescue Forces) and Regional Forecasts 2022-2028

Global Blood Warmers Market Size study, by Product (Portable, Non-portable Blood Warmers), By End-use (Hospitals/Clinic, Ambulatory Services, Defense Forces, Rescue Forces) and Regional Forecasts 2022-2028

Global Blood Warmers Market is valued approximately USD 978.7 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.4 % over the forecast period 2022-2028. Blood warmers are used to keep the patient's body temperature around 37°C, before, during, and after surgery. These devices are designed to provide peripheral warmth to the artery pipework, so keeping the blood warm. The rising number of operations and trauma cases, rising incidences of hypothermia, and expanding elderly and newborn populations are the primary drivers expanding the market. . Furthermore, the COVID-19 epidemic has considerably boosted hospital admissions. High fever is one of the most common symptoms of COVID-19 in patients. As a consequence of the rising number of patients in hospitals and clinics, the usage of heated blankets and sterile fluids expanded, which is likely to accelerate industry growth. Further, the market is expected to expand during the projected period due to a rise in the number of surgeries and trauma cases worldwide. Trauma is a leading cause of mortality globally, claiming the lives of over 5 million people each year. According to the Association for Safe International Road Travel (ASIRT), between 20 million and 50 million people are wounded or handicapped in road accidents each year, with 1.35 million deaths. According to the World Health Organization, road traffic accidents are the ninth biggest cause of death worldwide. Furthermore, hypothermia is one of the primary causes of mortality in individuals who have been physically abused. For example, 75.0 percent of the few million cases of IV-induced hypothermia documented in the United States occur in ambulatory settings. Since 2010, portable blood/IV warmers have been in high demand in the United States and the European Union, owing to the risk of cold-stored blood/IV-induced hypothermia, which is projected to drive the business during the projection period. However, the market's growth would be hampered by a complicated regulatory environment for the approval of new products over the projection period of 2022-2028.

The key regions considered for the Global Blood Warmers Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. The existence of major participants, massive government expenditures in the creation of novel medical devices, and the presence of advantageous reimbursement scenarios are all contributing to the region's industry's growth. Asia Pacific gained a significant revenue share and is expected to expand at the quickest CAGR. The presence of a huge patient pool, as well as a growing demand in the area for technologically sophisticated and cost-effective healthcare solutions, is likely to create considerable potential prospects in the sector. Furthermore, the expanding older population and the growing burden of chronic illnesses are likely to drive demand for blood warmers in Asia Pacific in the future years.

Major market player included in this report are:

Stryker Corporation
Gentherm Medical
Belmont Medical
3M
ICU Medical
Vyaire Medical, Inc.,
The Surgical Company PTM
Life Warmer
MEQU
Estill Medical Technologies, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Portable
Non-portable Blood Warmers
By End-use
Hospitals/Clinic
Ambulatory Services
Defense Forces
Rescue Forces
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Blood Warmers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Stryker Corporation
Gentherm Medical
Belmont Medical
3M
ICU Medical
Vyaire Medical, Inc.,
The Surgical Company PTM
Life Warmer
MEQU
Estill Medical Technologies, Inc

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.