Blood Warmers Market - Size, Industry Trends, Competitive Landscape, and Opportunities and Forecast 2022 - 2030
The Global Blood Warmers Market Size accounted for USD 984 Million in 2021 and is anticipated to reach USD 1,974 Million by 2030 with a CAGR of 8.3% from 2022 to 2030.
Blood warming technologies are typically used to regulate body temperature or warm blood prior to entering the bloodstream of a patient, as well as to prevent hypothermia. Hypothermia is indeed a condition that occurs after prolonged exposure to ambient conditions and takes a lot of time to recover. A blood warmer is a device that warms blood or even other liquids to reduce the danger of hypothermia. The cells in the blood are preserved by keeping it cold. Warming it to an acceptable temperature is critical not just to avoid hypothermia but to avoid hemolytic anemia, or the breaking of lymphocytes. These technologies are critical for patients requiring quick blood donations to maintain constant body equilibrium. Unlike blood warmers, the individual could suffer major problems from loss of blood; warmers allow the lifeblood to be replaced quickly but without harming it. When available to treat individuals with loss of blood, these are among the most crucial devices in a clinic.
The growth in the elderly and newborn populace, as well as an expansion in the occurrence of hypothermia across colder nations, are driving market expansion. Furthermore, a surge in chronic illnesses and a surge in invasive procedures due to the rise in incidents, trauma, and the elderly population is predicted to drive economic growth. However, poor knowledge of plasma and fluid warming equipment, as well as strict government rules governing the efficacy and safety of blood warming devices, are impeding market expansion. Continuing R&D initiatives linked to blood warming technologies are expected to create emerging market prospects. Various causes, including increasing demands for premature hypothermia therapy and an increase in military troops personnel globally, are expected to drive the growth of blood warmers in the worldwide healthcare sector. As a result of this situation, the market is projected to expand in the coming years.
The rising number of operations and trauma instances, rising incidences of hypothermia, with rising elderly and newborn populations are the main factors propelling market expansion. Furthermore, the COVID-19 epidemic has resulted in a large rise in hospitalizations worldwide. High body temperature is among the most obvious signs of COVID-19 in individuals. As a proportion of the total number of customers in clinics and hospitals, the use of heated comforters and clean fluids has expanded, which is likely to accelerate market growth.
The five categories of the global blood warmers market are type, modality, distribution channel, region, and industry. The segmentation based on the type includes systems, (intravenous fluid tube warmers, and dry heat plate warmers), and accessories.
Moreover, portable and stationary are among the Modality segments included in the segmentation. Also, based on the distribution channel, the segment is categorized into hospitals & clinics, tissue banks, blood banks & transfusion centers, ambulatory surgical centers, and home care.
Global Blood Warmers Market Geographical Competition
There are five regions that make up the global Blood Warmers market: North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa. The Blood Warmer Market in Europe is anticipated to witness significant growth. Due to the obvious rise in operations as well as the rising incidences of hypothermia among some of the newborn and geriatric populations, Europe has encouraged numerous enterprises from across the primary European Union countries, which might also enhance the expansion of the present industry. Furthermore, several European nations such as Italy, Spain, and the Netherlands have seen a surge in the prevalence of procedures conducted. These procedures have largely been performed on elderly and geriatric people with chronic conditions. Furthermore, rising military spending and also the support of government initiatives for relief and recovery of emergency responders are important factors in the regional industry. Even though, the Asia Pacific segment is expected to reach rapidly throughout the projection timeframe due to the increase in procedures as a consequence of the increasing population as well as the widespread frequency of traffic and catastrophic accidents.
Global Blood Warmers Industry Segment Analysis
Market By Type
o Intravenous Fluid Tube Warmers
o Dry Heat Plate Warmers
Market By Modality
Market By Distribution Channel
· Hospitals & Clinics
· Tissue Banks
· Blood Banks & Transfusion Centers
· Ambulatory Surgical Centers
· Home Care
Blood Warmers Market Leading Companies
This section of the study honors the market's top vendors Barkey, Vyaire Medical Inc., Belmont Instrument, LLC, EMIT Corporation, Geratherm Medical AG, QinFlow Ltd, Stihler Electronic GmbH, 3M, Celsius Medical, General Electric Company, Smiths Medical, Keewell Medical Distribution Channel Co., Ltd., and Carefusion.
Blood Warmers Market Regions
· Rest of Europe
· Rest of Latin America
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· Rest of Middle East & Africa