Global Blood/Fluid Warmer Market : Industry Analysis & Forecast 2019-2026

[akash Arjun pingale]

The Global Blood/Fluid Warmer Market size was valued at USD 139.2 million in 2019 and is expected to reach US$ xx million by 2026, at a CAGR of xx% during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Blood/Fluid Warmer Market Definition

A blood warmer is a medical device that is used to warm blood or fluids before transferring to a patient, basically, the device works by warming blood to a temperature that is safe for infusion. This device is usually used in emergency settings, intensive care units (ICU) and operating rooms so as to prevent hypothermia condition.

The report covers the current estimated and forecasted data for the Global Blood/Fluid Warmer Market on a global and regional level. The report provides an in-depth analysis of the Global Blood/Fluid Warmer Marketfor the period 2019 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period.

Data for 2016- 2018 has been included as historical information. The study provides a detailed perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ MN), across the different geographies, which include North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM).

The report provides qualitative and quantitative insights on the blood/fluid warmer industry trends and a detailed analysis of the market size and growth rate of all segments in the market. The globalblood/fluid warmer market is segmented by Product by Product, End-User and Region.
Global Blood/Fluid Warmer Market Key Players

Emit Corporation, GE Healthcare, The 3M Company, Meridian Medical Systems, Smiths Medical, CareFusion, Barkey GmbH, FoshanKeewell and Becton Dickinson, Stryker, Paragon Medical, Sino Medical Device Technology, Geratherm Medical A, The 370Company, and Baxter.
Global Blood/Fluid Warmer Market Dynamics

Growing hypothermia cases are expected to drive the market over forecast. Mobile applications of blood and fluid warmer devices can  facilitate the delivery of care, and connecting people to their health care providers. The availability and use of blood warmer among the hospitals, especially after surgical treatments to maintain the body temperature is the major driver of the global market.

The adoption and demand of this device surge in 2019 and demand may continuously grow in the forecast period. Safety, Portability, cost-effectiveness and quality performance of blood warmers increase their demand & use among the hospitals. There has been a growth recently in blood warmer devices and remote monitoring devices. This generates alucrative opportunity for the global market. Upgraded blood/fluid warmer devices having hanging clamp is the consumer’s point of attraction to increase the popularity and demand of these products.
Global Blood/Fluid Warmer Market Segment Analysis – by Product

• Portable Blood/ Fluid Warmers
• Non-Portable Blood-Fluid Warmers

Global Blood-Fluid Warmer Market

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Portable Blood/Fluid Warmers have the largest share of XX% in the global blood/fluid warmer market.

Researchers have developed a blood fluid warmer for  high-risk cardiac and thyroid patients. Portable fluid warmers may be utilized to help prevent hypothermia, but the limits defined by manufacturers often do not reflect their clinical use. Large number availability of portable blood/fluid warmers in the market is expected to share XX% of this segment in the global market. Also, commercially available blood/fluid warmer devices show the optimal performance that may not reflect use in critically ill patients.

Hospitals combining the best specialists and equipment to provide you nothing short of the best in healthcare

As populations continue to grow and age, there will be increasing demand for acute curative services & devices responsive to life-threatening emergencies. Blood/fluid warmer integrated with primary care,measures temperature and warms the blood to complete and strengthen health systems. Blood/fluid warmer shows the potential contribution to reducing the morbidity and mortality in many cases.
Global Blood/Fluid Warmer Market Regional Analysis

Global Blood/Fluid Warmer Market Regional Map

Global Blood-Fluid Warmer Market2

Asia pacific commanded the largest market share of xx% in the global blood/fluid warmer market.
To further incentivise investments in manufacturing medical devices, in May 2020, the government announced plans of at least US$ 4.9 billion over a period of five years, and these funds will be offered to manufacturers only if they invest in set-ups to manufacture key medical devices.

A rising number of medical facilities will boost the demand for blood/fluid warmer in the market. Various government initiatives such as ‘ Production Linked Incentives (PLI) scheme for medical devices 2020’ and establishing medical parks will augment the demand  for blood/fluid warmer devices in this region. The Asia Pacific medical device industry is driven by 75-80% imports from countries such as the US, China and Germany. The government is planning to develop/create a manufacturing base for medical devices in the Asia Pacific and encourage exports, as it recognises this sector as a sunrise sector. Formation of the National Medical Devices Promotion Council to promote local manufacturing of  high-end blood/fluid warmer devices and attracts investments in the medical device sector.

The objective of the report is to present a comprehensive analysis of the Global Blood/Fluid Warmer Marketto the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Blood/Fluid Warmer Market dynamics, structure by analyzing the market segments and projects the Global Blood/Fluid Warmer Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Blood/Fluid Warmer Market make the report investor’s guide.

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Global Blood/Fluid Warmer Market Report Scope: Inquire before buying

Global Blood-Fluid Warmer Market3
Global Blood/Fluid Warmer Market Key Players

• Emit Corporation
• GE Healthcare
• The 3M Company
• Meridian Medical Systems
• Smiths Medical
• CareFusion
• Barkey GmbH
• FoshanKeewell and Becton Dickinson
• Stryker
• Paragon Medical
• Sino Medical Device Technology
• Geratherm Medical A
• The 370Company
• Baxter

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