The Global Blood Warmer Devices/Sample Warmer Market Size accounted for USD 456.7 Million in 2022 and is projected to achieve a market size of USD 919.3 Million by 2032 growing at a CAGR of 7.4% from 2023 to 2032.
Blood Warmer Devices/Sample Warmer Market Highlights
- Global blood warmer devices/sample warmer market revenue is expected to increase by USD 919.3 Million by 2032, with a 7.4% CAGR from 2023 to 2032
- North America region led with more than 37% of blood warmer devices/sample warmer market share in 2022
- According to the World Health Organization (WHO), around 117.4 million blood donations are collected globally every year
- In the United States, the American Red Cross supplies about 40% of the country's blood and blood components
- Asia-Pacific blood warmer devices/sample warmer market growth will record a CAGR of around 8% from 2023 to 2032
- Increasing number of surgical procedures worldwide, drives the blood warmer devices/sample warmer market value
Blood warmer devices and sample warmers are medical devices used to maintain the temperature of blood and other fluids that are administered to patients during surgery or in emergency situations. Blood and fluid temperature play a crucial role in patient safety and treatment outcomes, as hypothermia can cause a number of complications, including increased risk of infection, cardiac arrhythmias, and impaired coagulation. These devices are designed to quickly warm fluids to a safe temperature before they are administered to the patient.
The market for blood warmer devices and sample warmers has seen steady growth in recent years, primarily due to an increase in surgical procedures and the growing demand for advanced medical technologies. One of the key drivers of growth in this market is the increasing number of surgeries being performed worldwide. According to the World Health Organization, an estimated 313 million surgeries are performed globally every year, and this number is expected to continue growing as the global population ages and demand for healthcare services increases. Additionally, advances in medical technology and an increased focus on patient safety are also driving demand for blood warmer devices and sample warmers, as hospitals and healthcare providers seek to improve patient outcomes and reduce the risk of complications during surgical procedures.
Global Blood Warmer Devices/Sample Warmer Market Trends
Market Drivers
- Increasing number of surgical procedures worldwide
- Growing demand for advanced medical technologies
- Focus on patient safety and improved outcomes
- Rising prevalence of chronic diseases requiring blood transfusions
- Increase in demand for portable blood warmer devices
Market Restraints
- High cost of blood warmer devices/sample warmers
- Limited availability of skilled professionals to operate the devices
Market Opportunities
- Increasing focus on home healthcare and self-administration of medications
- Development of new technologies for blood warmer devices/sample warmers
Blood Warmer Devices/Sample Warmer Market Report Coverage
Market |
Blood Warmer Devices/Sample Warmer Market |
Blood Warmer Devices/Sample Warmer Market Size 2022 |
USD 456.7 Million |
Blood Warmer Devices/Sample Warmer Market Forecast 2032 |
USD 919.3 Million |
Blood Warmer Devices/Sample Warmer Market CAGR During 2023 - 2032 |
7.4% |
Blood Warmer Devices/Sample Warmer Market Analysis Period |
2020 - 2032 |
Blood Warmer Devices/Sample Warmer Market Base Year |
2022 |
Blood Warmer Devices/Sample Warmer Market Forecast Data |
2023 - 2032 |
Segments Covered |
By Product, By End User, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
3M Health Care, Barkey GmbH & Co. KG, Belmont Instrument Corporation, EMIT Corporation, GE Healthcare, Geratherm Medical AG, Stihler Electronic GmbH, Sarstedt AG & Co. KG, Smiths Medical, The 37Company, Vyaire Medical, Inc., and Biegler GmbH.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Blood Warmer Devices/Sample Warmer Market Dynamics
A fluid warmer or blood warmer is a therapeutic device used for healthcare services for warming fluids, colloids, blood products, or crystalloids; before transferring blood to a person. This would help to prevent hypothermia or growing cases of trauma.
The growing burden of hypothermia cases, the rising number of surgeries, and escalating number of trauma cases are some of the factors driving the growth of this market. In addition, the high requirement for blood in surgical treatments across clinics and the substantial number of blood transfusions are also contributing to the growth of this market. The availability of alternative methods for blood and fluid warming can affect growth worldwide. The increasing number of surgeries and more cases of trauma are expected to boost the growth of this market in the forecast period.
Blood Warmer Devices/Sample Warmer Market Segmentation
The global blood warmer devices/sample warmer market segmentation is based on product, end user, and geography.
Blood Warmer Devices/Sample Warmer Market By Product
- Surface Warming System
- Patient Warming Accessories
- Intravenous Warming System
In terms of products, the intravenous (IV) warming system segment has seen significant growth in the blood warmer devices market in recent years. These systems are designed to quickly and efficiently warm intravenous fluids, blood, and other medical fluids to a safe temperature for infusion into the patient's body. IV warming systems play a critical role in maintaining the temperature of fluids during surgical procedures, trauma situations, and emergency care. The IV warming system segment is expected to grow significantly in the coming years due to the increasing adoption of these devices by hospitals, clinics, and other healthcare facilities. The market for IV warming systems is also being driven by technological advancements in the devices, such as the development of portable and disposable systems that are easier to use and more cost-effective.
Blood Warmer Devices/Sample Warmer Market By End User
- Hospitals
- Blood Banks
- Others
According to the blood warmer devices/sample warmer market forecast, the blood banks segment is expected to witness significant growth in the coming years. Blood banks are responsible for collecting, testing, and storing blood and blood products for transfusion to patients. To ensure the safety and efficacy of these blood products, it is crucial to maintain their temperature during storage and transportation. Blood warmers are used to bring blood and blood products to a safe temperature before transfusion, and they play an important role in ensuring the quality of transfused blood. The blood bank segment is expected to see significant growth in the coming years, driven by an increasing number of blood transfusions and the need to maintain the temperature of blood products during storage and transportation. Additionally, technological advancements in blood warmer devices/sample warmers are also expected to drive growth in the blood banks segment.
Blood Warmer Devices/Sample Warmer Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Blood Warmer Devices/Sample Warmer Market Regional Analysis
North America dominates the blood warmer devices/sample warmer market due to several factors. One of the key factors is the high prevalence of chronic diseases and the subsequent need for blood transfusions. According to the American Red Cross, over 36,000 units of red blood cells are needed every day in the United States alone, highlighting the significant demand for blood transfusions. Additionally, the region has a well-developed healthcare infrastructure and high healthcare spending, which drives the adoption of advanced medical technologies such as blood warmer devices/sample warmers. Moreover, the presence of key market players in North America has also contributed to the region's dominance in the market. Leading manufacturers such as 3M, Smiths Medical, and Stryker Corporation are headquartered in North America, and they have a strong presence in the region. These companies have a wide range of product offerings, and they invest heavily in research and development to introduce new and innovative blood warmer devices/sample warmers in the market. Furthermore, favorable government policies and regulations in North America have also supported the growth of the blood-warmer devices/sample warmer market in the region.
Blood Warmer Devices/Sample Warmer Market Player
Some of the top blood warmer devices/sample warmer market companies offered in the professional report include 3M Health Care, Barkey GmbH & Co. KG, Belmont Instrument Corporation, EMIT Corporation, GE Healthcare, Geratherm Medical AG, Stihler Electronic GmbH, Sarstedt AG & Co. KG, Smiths Medical, The 37Company, Vyaire Medical, Inc., and Biegler GmbH.
CHAPTER 1. Industry Overview of Blood Warmer Devices/Sample Warmer Market
1.1. Definition and Scope
1.1.1. Definition of Blood Warmer Devices/Sample Warmer
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Blood Warmer Devices/Sample Warmer Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Blood Warmer Devices/Sample Warmer Market By Product
1.2.3. Blood Warmer Devices/Sample Warmer Market By End User
1.2.4. Blood Warmer Devices/Sample Warmer Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Blood Warmer Devices/Sample Warmer Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Blood Warmer Devices/Sample Warmer Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Price Trend of Key Raw Material
3.8.1. Raw Material Suppliers
3.8.2. Proportion of Manufacturing Cost Structure
3.8.2.1. Raw Material
3.8.2.2. Labor Cost
3.8.2.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Blood Warmer Devices/Sample Warmer Market By Product
5.1. Introduction
5.2. Blood Warmer Devices/Sample Warmer Revenue By Product
5.2.1. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast, By Product, 2020-2032
5.2.2. Surface Warming System
5.2.2.1. Surface Warming System Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.3. Patient Warming Accessories
5.2.3.1. Patient Warming Accessories Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.4. Intravenous Warming System
5.2.4.1. Intravenous Warming System Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 6. Blood Warmer Devices/Sample Warmer Market By End User
6.1. Introduction
6.2. Blood Warmer Devices/Sample Warmer Revenue By End User
6.2.1. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast, By End User, 2020-2032
6.2.2. Hospitals
6.2.2.1. Hospitals Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.3. Blood Banks
6.2.3.1. Blood Banks Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.4. Others
6.2.4.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 7. North America Blood Warmer Devices/Sample Warmer Market By Country
7.1. North America Blood Warmer Devices/Sample Warmer Market Overview
7.2. U.S.
7.2.1. U.S. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
7.2.2. U.S. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
7.3. Canada
7.3.1. Canada Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
7.3.2. Canada Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
7.4. North America PEST Analysis
CHAPTER 8. Europe Blood Warmer Devices/Sample Warmer Market By Country
8.1. Europe Blood Warmer Devices/Sample Warmer Market Overview
8.2. U.K.
8.2.1. U.K. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
8.2.2. U.K. Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
8.3. Germany
8.3.1. Germany Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
8.3.2. Germany Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
8.4. France
8.4.1. France Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
8.4.2. France Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
8.5. Spain
8.5.1. Spain Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
8.5.2. Spain Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
8.6. Rest of Europe
8.6.1. Rest of Europe Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
8.6.2. Rest of Europe Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Blood Warmer Devices/Sample Warmer Market By Country
9.1. Asia Pacific Blood Warmer Devices/Sample Warmer Market Overview
9.2. China
9.2.1. China Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.2.2. China Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.3. Japan
9.3.1. Japan Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.3.2. Japan Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.4. India
9.4.1. India Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.4.2. India Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.5. Australia
9.5.1. Australia Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.5.2. Australia Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.6. South Korea
9.6.1. South Korea Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.6.2. South Korea Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
9.7.2. Rest of Asia-Pacific Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Blood Warmer Devices/Sample Warmer Market By Country
10.1. Latin America Blood Warmer Devices/Sample Warmer Market Overview
10.2. Brazil
10.2.1. Brazil Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
10.2.2. Brazil Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
10.3. Mexico
10.3.1. Mexico Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
10.3.2. Mexico Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
10.4. Rest of Latin America
10.4.1. Rest of Latin America Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
10.4.2. Rest of Latin America Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Blood Warmer Devices/Sample Warmer Market By Country
11.1. Middle East & Africa Blood Warmer Devices/Sample Warmer Market Overview
11.2. GCC
11.2.1. GCC Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
11.2.2. GCC Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
11.3. South Africa
11.3.1. South Africa Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
11.3.2. South Africa Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By Product, 2020-2032
11.4.2. Rest of Middle East & Africa Blood Warmer Devices/Sample Warmer Revenue (USD Million) and Forecast By End User, 2020-2032
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Blood Warmer Devices/Sample Warmer Market
12.1. Blood Warmer Devices/Sample Warmer Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Blood Warmer Devices/Sample Warmer Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. Company Profile
13.1. 3M Health Care
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (USD Million), 2022
13.1.3.2. 3M Health Care 2022 Blood Warmer Devices/Sample Warmer Business Regional Distribution
13.1.4. Product/Service and Specification
13.1.5. Recent Developments & Business Strategy
13.2. Barkey GmbH & Co. KG
13.3. Belmont Instrument Corporation
13.4. EMIT Corporation
13.5. GE Healthcare
13.6. Geratherm Medical AG
13.7. Stihler Electronic GmbH
13.8. Sarstedt AG & Co. KG
13.9. Smiths Medical
13.10. The 37Company
13.11. Vyaire Medical, Inc.
13.12. Biegler GmbH