Growing Inclination of Blood Warmer Devices Market: 2017-2026
Press Release – 16
Jan 2019
Research
and Development News
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Latest
Update
"Blood Warmer Devices Market: Global Industry Analysis 2012-2016
& Opportunity Assessment 2017-2026"
with Industries Survey | Global Current Growth and Future.
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Long exposure to cold temperature can result in
hypothermia condition in which the body temperature drops.
Hypothermia increases the risk during surgeries and it also takes a
long time to heal. Hence, maintaining the proper temperature is
important in order to accelerate the healing process after surgery.
Therefore, hospitals are adopting blood warmer devices on a large
scale to maintain the body temperature. Blood warming devices are
generally used to warm blood before transfusion of blood to a
patient. These devices help in maintaining normal body temperature
and also helps in avoiding hypothermia.
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Manufacturers
are focusing on developing portable blood warmer devices for both big
and mid-sized hospitals and care units. To maintain market share and
earn better profits, leading players are also increasingly entering
into a partnership to develop innovative product and enter into new
untapped regions. The increase in complications due to the complex
surgeries is resulting in the growing demand for disposable blood
warmer devices. The disposable blood warming devices include heating
pads, heat bands, and blankets. These devices also offer better
results and are also cost-effective. The increasing trend of the
point of care treatment and home care system is fueling the demand
for blood warming devices that are disposable.
global blood warmer devices market
As per the report compiled by Future Market Insights (FMI), the global blood warmer devices market is likely to experience steady growth. By 2026 end, the market is projected to reach US$ 223.5 million revenue. Various factors are restricting the growth of the global market such as strict regulations by the government in various countries associated with the efficacy and safety of the blood warmer devices, low awareness about the use of blood warmer devices, especially in developing countries, and high cost for R&D of the advanced blood warmer devices.
global blood warmer devices market
As per the report compiled by Future Market Insights (FMI), the global blood warmer devices market is likely to experience steady growth. By 2026 end, the market is projected to reach US$ 223.5 million revenue. Various factors are restricting the growth of the global market such as strict regulations by the government in various countries associated with the efficacy and safety of the blood warmer devices, low awareness about the use of blood warmer devices, especially in developing countries, and high cost for R&D of the advanced blood warmer devices.
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Surface
Warming System- Top-Selling Product
Compared to the various blood warmer devices, surface warming system is likely to emerge as one of the top-selling products. Surface warming system is projected to gain more than half of the revenue share by 2017 end. Meanwhile, intravenous warming system is also likely to witness strong growth during 2017-2026.
Hospitals to be Among the Largest Users of the Blood Warmer Devices
Hospitals are anticipated to emerge as one of the largest users of the blood warmer devices. Hospitals are projected to create an incremental opportunity of more than US$ 50 million between 2017 and 2026. Although, blood banks are also likely to witness growth during 2017-2026.
Preoperative Care to Witness Robust Growth in the Global Market for Blood Warmer Devices
Application of blood warmer devices is likely to be highest in the preoperative care. By 2026 end, preoperative care is projected to reach close to US$ 100 million revenue. Meanwhile, application of blood warmer devices is also anticipated to witness growth in the new born care.
North America to be the Most Lucrative Market in the Global Market for Blood Warmer Devices
North America is likely to witness the highest growth in the global market for blood warmer devices. Owing to the rise in a number of surgeries, growing cases of hypothermia among infant and geriatric population, increasing number of people suffering from diabetes and thyroid, and rise in the consumption of abusive drugs leading to the various health risks are some of the factors fueling the demand for blood warmer devices in North America.
Competition Tracking
The leading players in the global market for blood warmer devices are Smiths Medical 3M Company, The 37 Company, Emit Corporation, GE Healthcare, Stryker Corporation, Barkey GmbH & Co. KG, Geratherm Medical, Stihler Electronic GmbH, Belmont Instrument, Biegler GmbH, Baxter International Inc. (Gambro), and Keewell Medical Technology Co. Ltd.
Compared to the various blood warmer devices, surface warming system is likely to emerge as one of the top-selling products. Surface warming system is projected to gain more than half of the revenue share by 2017 end. Meanwhile, intravenous warming system is also likely to witness strong growth during 2017-2026.
Hospitals to be Among the Largest Users of the Blood Warmer Devices
Hospitals are anticipated to emerge as one of the largest users of the blood warmer devices. Hospitals are projected to create an incremental opportunity of more than US$ 50 million between 2017 and 2026. Although, blood banks are also likely to witness growth during 2017-2026.
Preoperative Care to Witness Robust Growth in the Global Market for Blood Warmer Devices
Application of blood warmer devices is likely to be highest in the preoperative care. By 2026 end, preoperative care is projected to reach close to US$ 100 million revenue. Meanwhile, application of blood warmer devices is also anticipated to witness growth in the new born care.
North America to be the Most Lucrative Market in the Global Market for Blood Warmer Devices
North America is likely to witness the highest growth in the global market for blood warmer devices. Owing to the rise in a number of surgeries, growing cases of hypothermia among infant and geriatric population, increasing number of people suffering from diabetes and thyroid, and rise in the consumption of abusive drugs leading to the various health risks are some of the factors fueling the demand for blood warmer devices in North America.
Competition Tracking
The leading players in the global market for blood warmer devices are Smiths Medical 3M Company, The 37 Company, Emit Corporation, GE Healthcare, Stryker Corporation, Barkey GmbH & Co. KG, Geratherm Medical, Stihler Electronic GmbH, Belmont Instrument, Biegler GmbH, Baxter International Inc. (Gambro), and Keewell Medical Technology Co. Ltd.
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