Blood and fluid warming devices are medical devices used to prevent hypothermia in patients by warming fluids, colloid, crystalloids, or blood products prior to administration. Hypothermia can result in surgical complications such as coma or cardiac arrest, as well as a longer healing time.
The rise in geriatric and infant populations, as well as the prevalence of hypothermia in cold countries, are driving market growth. Furthermore, the rise in surgical procedures due to the increase in accident and trauma cases, as well as the geriatric population, is expected to fuel market growth. However, low awareness of blood and fluid warming devices, as well as stringent government regulations governing the safety and efficacy of blood and fluid warming devices, are impeding market growth.
Asia Pacific excluding Japan (APEJ) is expected to see an increase in the use of fluid warmer devices. The region’s growing geriatric and infant populations are expected to drive market growth. The fluid warmer devices market in APEJ is expected to grow at the fastest CAGR of 6.8% during the forecast period. However, in the coming years, North America is expected to be the largest region for fluid warmer devices. Since a few years, the European region has seen a significant increase in the use of fluid warmer devices.
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Global Blood and Fluid Warming Devices Market: Top Key Players
3M
Emit Corporation
The 37Company
Smiths Medical
ET Medical
Barkey
Stihler Electronic
Baxter International
Foshan Keewell
Stryker
Sino Medical-Device Technology
GE Healthcare
Biegler
Inspiration Healthcare Group
Belmont
Global Blood and Fluid Warming Devices Market: By Types
Portable
Stationary
Global Blood and Fluid Warming Devices Market: By Applications
Operating Room
Recovery Room (PACU)
Intensive Care
Emergency Room
Military Applications
Others
Key Region:
- North America (U.S., Canada, Mexico)
- Europe (France, Germany, Italy, Spain, UK, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
Additionally, the COVID-19 pandemic has created numerous opportunities for local manufacturers. Major players’ supply chains were disrupted as a result of movement restrictions at international borders. As a result, local firms were able to enter the market and meet unmet end-user demands. Blood warming devices are widely used in hospitals because they can heat a larger volume of blood or IV solutions while being less expensive and easier to maintain. Furthermore, companies are concentrating on the development of customised hemodialysis machines that can perform a variety of interventions. This will almost certainly have an impact on the end-user experience. Furthermore, hospitals are considered significant buyers because they have long-term contracts with blood-IV warming machine providers, giving them greater bargaining power and a larger market for product after-sales services.
Key Benefits:
- The study provides an in-depth analysis of the market, with current trends and future estimations to elucidate the investment pockets.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities for the period (20172023) in terms of value.
- Extensive analysis of different segments facilitates to understand various products of the market.
- Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
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