The blood warmer devices market share is anticipated to reach a worth of US$ 451.2 million in 2022 and then grow at a CAGR of 7.6% to reach US$ 937.5 million by 2032.
Owing to the increasing incidence of trauma incidents, bypass surgeries, thyroid, orthopedic surgeries, and diabetes, the use of blood warming devices is also rising. The devices are also being used largely for treatment and prevention of complications such as hemorrhage and hypothermia. However, stringent government regulations and lack of awareness about the blood warming devices are some of the factors hampering the growth of the market.
Hypothermia has become very common and causes major complications, this is driving the demand for blood warmer devices. Since these devices can help in preventing complications during blood transfusion process the demand is expected to grow in the future. Companies are also investing in the research and development of portable and smart blood warming devices.
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Manufacturers are also working on new business strategies in order to launch a new product. Partnerships and collaborative activities are also on the rise. The demand for disposable blood and fluid warmer devices is also increasing, due to the rise in a number of complications.
The primary objective of the report is to provide market dynamics including trends, drivers, opportunities, and restraints for both service providers and manufacturers.
The blood warmer devices market has been studied in detail and forecast on regional and global growth has been presented including revenue, market size, CAGR, etc. The report also offers information on the overall market growth and key industry developments. According to a study created by Future Market Insights (FMI), the market for blood warmer devices is anticipated to develop steadily.
The report provides an executive summary which is followed by the brief introduction of blood warmer devices. Along with the 360-degree view of the market, the report focuses on key industries and competitors in the global blood warmer devices market.
The report offers numbers that are based on the historical data and the forecast period. Data provided in the report is based on various parameters playing a crucial role in the market development. Considering the wide scope of the global blood warmer devices market, the report provides in-depth analysis and forecast on various segments. The global blood warmer devices market is segmented into product type, end user, application, and region. The segmentation also offers country-wise analysis and forecast on the basis of key parameters in the market.
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Blood Warmer Devices Market Segmentation:
Product Type
- Intravenous Warming System
- Surface Warming System
- Blood Warming Accessories
End User
- Hospitals
- Blood Banks
- Home Care Settings
- Other End Users
Application
- Preoperative Care
- Home Care
- Acute Care
- New Born Care
- Other Applications
Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
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Providing a detailed description of all the segments, the report also offers information on the stages through which the blood warmer devices passes before reaching the end user. These stages include raw material supplier, manufacturer, transportation, etc., although these stages differ depending on the product. All the key metrics including year-on-year growth, absolute dollar opportunity, CAGR, basis point share, revenue, and market attractiveness index has been provided in the report. Key trends in the report offer the clear picture on the market, latest developments, etc. The report also talks about the innovative technologies and advanced features in blood warmer devices. The market attractiveness analysis gives an idea of the most dominating segment based on trends and forecast. The report also offers Porter’s five force analysis and SWOT analysis to determine a current scenario in the market.
Key Players:
The leading players in the global market for blood warmer devices are –
- Smiths Medical
- 3M Company
- The 37 Company
- Emit Corporation
- GE Healthcare
- Stryker Corporation
- Barkey GmbH & Co. KG
- Geratherm Medical
- Stihler Electronic GmbH
- Belmont Instrument
- Biegler GmbH
- Baxter International Inc. (Gambro)
- Keewell Medical Technology Co. Ltd.
Research Methodology
All the microeconomic and macroeconomic factors have been taken into account determine market numbers. The global blood warmer devices market size has been analysed with the help of primary and secondary research. In order to determine the market size, the revenue of all the key players currently active in the market has been benchmarked. Various factors were being considered to determine the market size during the forecast period 2017-2026.
The report also offers vital information on the key market players based on various parameters such as financial overview, strategies, company overview, product portfolio, and new developments. These players are adopting various strategies in order to survive in the market and compete. The region-wise segmentation includes Europe, Latin America, North America, Japan, Asia Pacific Excluding Japan (APEJ), and the Middle East and Africa (MEA). Various tools have been used to validate the information and gather data and offer market insights on the global blood warmer devices market.
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The post Global sales of Blood Warmer Devices Market share is anticipated to increase at a CAGR of 7.6% & reach a revenue of US$ 937.5 Mn by year 2032 end, up from US$ 451.2 Mn in 2022 | FMI appeared first on Future Market Insights.
Published by: Future Market Insights, Inc.