Global Blood And Fluid Warmer Market Drivers 2024, Forecast To 2033
22 Aug, 2024
The blood and fluid warmer market has experienced strong growth, increasing from $1.04 billion in 2023 to $1.13 billion in 2024 at a CAGR of 8.4%. The growth in the historic period is attributed to stringent regulatory standards for patient care, economic benefits from reducing hypothermia complications, growing awareness of hypothermia-related issues, the global aging population, and a shift towards minimally invasive surgeries. The market is projected to reach $1.58 billion in 2028 at a CAGR of 8.7%. This anticipated growth is driven by the expansion of healthcare facilities, increased trauma cases and emergency surgeries, supportive regulatory frameworks, expanded emergency medical services, and a focus on improving patient outcomes. Major trends in the forecast period include advanced features like electronic controls, innovations in heating technologies and materials, miniaturization of devices, personalized medicine approaches, and telemedicine capabilities.
Global Blood And Fluid Warmer Market Key Driver
The growth of the blood and fluid warmer market is expected to be driven by the increase in surgical procedures. Surgical procedures involve medical interventions to treat diseases or injuries and are influenced by advancements in techniques, increased healthcare access, aging populations, and the expansion of specialized surgeries. Blood and fluid warmers are crucial in maintaining patient safety by preventing hypothermia and ensuring fluids are at optimal temperatures. According to the International Society of Aesthetic Plastic Surgery in September 2022, there was an approximate 11.2% increase in procedures performed by plastic surgeons in 2022, with over 14.9 million surgical and 18.8 million non-surgical procedures conducted worldwide. Thus, the rise in surgical procedures is expected to drive the blood and fluid warmer market.
Get A Free Sample Of The Blood And Fluid Warmer Market ReportGlobal Blood And Fluid Warmer Market Segments
The blood and fluid warmer market covered in this report is segmented –
1) By Product: Patient Warming Accessories, Intravenous Warming System, Surface Warming System
2) By Application: Homecare, Acute Care, Newborn Care, Preoperative Care, Other Applications
3) By End-User: Clinics, Hospitals, Specialty Centers, Other End Users
By Geography:The regions covered in the blood and fluid warmer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the blood and fluid warmer market in 2023. North America is expected to be the fastest-growing region in the forecast period.
Major Blood And Fluid Warmer Industry Players
3M Company, Stryker Corporation, Baxter International Inc., Ecolab Inc., ICU Medical Inc., Halyard Health, Vyaire Medical, Bio-x, EMIT Corporation, Belmont Instrument Corporation, Narang Medical Limited, Combat Medical Systems, Barkey GmbH & Co. KG, Stihler Electronic GmbH, Estill Medical Technologies, Enthermics Medical Systems, Biegler GmbH, Sino Medical-Device Technology Co. Ltd., Moeck and Moeck GmbH, Keewell Medical Technology Co. Ltd.
Purchase The Global Blood And Fluid Warmer Market Report Directly And Get A Swift DeliveryBlood And Fluid Warmer Market Overview
A blood and fluid warmer is a medical device designed to heat blood, intravenous fluids, or other solutions before administering them to a patient. The primary purpose of this device is to prevent hypothermia and maintain normothermia during medical procedures, surgeries, or emergencies where large volumes of cold fluids or blood products are infused.
Blood And Fluid Warmer Global Market Report 2023 provides data on the global blood and fluid warmer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The blood and fluid warmer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.