Global Blood and Fluid Warmer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blood and Fluid Warmer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Blood and Fluid Warmer industry can be broken down into several segments, Portable, Stationary, etc.

Across the world, the major players cover 3M, Smiths Medical, Baxter International, Vyaire Medical, Belmont Medical Technologies, Stryker, Barkey, The 37Company, Ace Medical, Stihler Electronic, etc.

Market Overview:

The latest research study on the global Blood and Fluid Warmer market finds that the global Blood and Fluid Warmer market reached a value of USD 534.85 million in 2022. It’s expected that the market will achieve USD 757.49 million by 2028, exhibiting a CAGR of 5.97% during the forecast period.

Product improvement and innovation

Product improvements and updates will bring new developments to the market. At present, blood and liquid warming equipment still has problems such as high cost and equipment material safety. Manufacturers of blood and liquid warming equipment should make certain innovations and updates to the materials of the products and the production process of the products, while ensuring the safety and effectiveness of the products while reducing the cost of use to meet the needs of more consumers. This will help manufacturers further increase market share.

High product cost

In many low-income areas, the economic development is lagging behind, the medical environment is poor, and there are not enough funds to purchase medical equipment. In addition, some medical personnel have insufficient knowledge of blood and liquid warming equipment, which has led to the lack of widespread use of blood and liquid warming equipment in many areas, especially in low-income areas. And for some poor areas, each hospital is equipped with warming equipment, which will increase the medical burden on patients. These reasons may limit the development of blood and fluid warming equipment in low-income areas.

Aging global population

The global population is entering an aging phase. The number and proportion of older persons is increasing in almost every country in the world. Generally speaking, the elderly is weak and have an increased risk of various diseases, and diseases such as thyroid disease and diabetes also cause hypothermia. Therefore, the aging of the population has led to more hypothermia and an increase in various types of surgery. With the improvement of the medical system, hospitals need to continuously improve their medical equipment to meet the needs of patients, which has led to the expansion of the blood and liquid warming device market.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

3M is one of the major players operating in the Blood and Fluid Warmer market, holding a share of 16.62% in 2023.

3M

3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M serves customers worldwide.

Smiths Medical

Smiths Medical Inc. designs, manufactures, and distributes medical devices. The Company offers a range of infusion therapy products, including ambulatory infusion pumps, implantable access systems, dialysis, infusion catheters, needles, and insulin delivery systems.

Segmentation Overview:

Among different product types, Portable segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Operating Room segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Blood and Fluid Warmer market covered in Chapter 3:

Ace Medical
Belmont Medical Technologies
EMIT Corporation
The 37Company
Barkey
Stihler Electronic
Foshan Keewell
3M
Stryker
Baxter International
Smiths Medical
Shenzhen Bestman Instarument
Sino Medical-Device Technology
Biegler
Vyaire Medical

In Chapter 4 and Chapter 14.2, on the basis of types, the Blood and Fluid Warmer market from 2018 to 2029 is primarily split into:

Portable
Stationary

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blood and Fluid Warmer market from 2018 to 2029 covers:

Operating Room
Recovery Room (PACU)
Intensive Care
Emergency Room
Military Applications
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)