Blood and fluid warmer is a medical device used in healthcare facilities for warming fluids or blood product?often it is used in emergency settings, operating rooms, and intensive care units to prevent hypothermia and increase comfort and drug absorption, the instrument warms blood to a temperature that is safe for infusion.
There are a lot of manufacturers in the world, and high-end products are mainly produced by America and European. In the world wide, giant manufactures mainly distribute in America and Europe. American has a long history and unshakable status in this industry, like Stryker, 3M and Vital Signs (BD) have perfect products. In China, there are few manufactures and the demand in China is small, but there is great space for future development.
the product consists of equipment and disposable warming sets, which the consumption of disposable warming sets accounts for a large proportion. The main source of profit is from disposable warming sets.
In global market, the production of blood and fluid warmer (equipment) increases from 80.7 K Units in 2011 to 109.2 K Units in 2015 with CAGR of more than 6.96% ,while the production of disposable warming sets increases from 12042.5 K Units in 2011 to 14321.1 K Units in 2015.
In 2015, the global blood and fluid warmer equipment and disposable warming sets market is led by America, capturing about 47.35% and 55.34% of global production respectively. Europe is the second-largest region-wise market with 44.40% and 40.12% global production share. At present, the major manufacturers of blood and fluid warmer are concentrated in Smiths Medical, Stryker, 3M, Vital Signs (BD), The 37 Company, Gambro (Baxter international), etc.
In application, blood and fluid warmer downstream is wide and recently blood and fluid warmer has acquired increasing significance in various fields of operating room, recovery room (PACU), intensive care, emergency room and military applications. Globally, the blood and fluid warmer equipment market is mainly driven by growing demand for these fields.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, blood and fluid warmer equipment production will show a trend of steady growth. In 2022 the production of blood and fluid warmer is estimated to be 143 K Units and the disposable warming sets production will be 18220 K Units. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Blood and Fluid Warmer market will register a 3.1% CAGR in terms of revenue, the global market size will reach USD 900 million by 2024, from USD 750 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Blood and Fluid Warmer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Blood and Fluid Warmer market by product type, application, key manufacturers and key regions and countries.
This study considers the Blood and Fluid Warmer value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Portable
Stationary
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Operating Room
Recovery Room (PACU)
Intensive Care
Emergency Room
Military Applications
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Smiths Medical
Stryker
3M
Vital Signs (BD)
The 37Company
Gambro (Baxter international)
Thermal Angel
Barkey
Inditherm
Belmont
Stihler Electronic
Biegler
Meridian Medical Systems (MMS)
Emit Corporation
Foshan Keewell
Sino Medical-Device Technology
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Blood and Fluid Warmer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Blood and Fluid Warmer market by identifying its various subsegments.
Focuses on the key global Blood and Fluid Warmer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Blood and Fluid Warmer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Blood and Fluid Warmer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.