According to a new report, published by KBV research, The Global Blood Warmer Market size is expected to reach $1.8 billion by 2030, rising at a market growth of 7.9% CAGR during the forecast period.
The Acute Care segment is showcasing a CAGR of 8.1% during (2023 - 2030). Accidents and other injuries are to blame for the segmental rise, which is anticipated to drive the market’s expansion. In addition, blood warmers are required in trauma centers and emergency rooms to rapidly warm fluids for patients with severe lesions, trauma, or significant blood loss. Blood warmers make it possible to administer warmed fluids quickly in these circumstances, helping to prevent hypothermia and improving patient outcomes.
The Non-portable Blood/IV Warmers segment is leading Global Blood Warmer Market by Product in 2022, thereby achieving a market value of $1.1 billion by 2030. Growth in the segment is anticipated to be fueled by an increase in the frequency of mishaps, gunshots, and other injuries. Additionally, the market for blood warmers is projected to be driven by the increased hospitalization rate due to various medical diseases, an older population, and better financing for healthcare facilities in emerging economies.
The Ambulatory Services segment has shown the high growth rate of 8.4% during (2023 - 2030). Government agencies are demanding blood warmers in several nations to provide adequate care in emergencies, which is anticipated to fuel segment’s expansion in the near future. Air ambulance services are commonly used in emergencies. All solutions ought to be warmed up before being given to the patient. As a result, ambulance services use blood warmers to make this easier. This is resulting in increased demand from the segment.
The North America region dominated the Global Blood Warmer Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $707.8 million by 2030. The Europe market is poised to grow at a CAGR of 7.5% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 8.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/blood-warmer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, Stryker Corporation, ICU Medical, Inc., Gentherm Incorporated (Gentherm Medical), Vyaire Medical, Inc. (Apax Partners LLP), Belmont Medical Technologies (Audax Management Company, LLC.), The Surgical Company, Life Warmer, Estill Medical Technologies, Inc., and Smisson-Cartledge Biomedical, LLC.
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