The global blood warmers market size is expected to reach USD 1.65 billion by 2028 according to a new study by Polaris Market Research. The report “Blood Warmers Market Share, Size, Trends, Industry Analysis Report, By Product (Portable Blood/IV Fluid, Non-Portable Blood-IV Fluid Warmers); By End-Use (Hospitals/Clinic, Ambulatory Services, Defense Forces, Rescue Forces); By Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
It is being estimated that, in the U.S. market alone, in 2016, there were 11.3 million cases of hypothermia and 3 million cases of hyperpyrexia. Factors responsible for such conditions include natural calamities, hypothermia, blood loss due to shock and extreme environments, physical trauma, and infectious diseases increase the risk of fatality.
It is being observed that, in the U.S. market, out of few million cases of IV induced hypothermia, around 75 percent of the cases happened in ambulatory settings. With an aim to prevent risk of blood induced hypothermia, there is upsurge in the market demand for portable blood warmers, which thereby, boosting the market of blood warmers.
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Through an independent survey, it is being found that around 70% of the blood warmers demand in the market was from hospitals, while rest was met by remote centers such as ambulatory surgical units. Blood transfusion during surgical interventions and increase in average length of hospital stays are one of the biggest contributors in the infusion of IV blood transfusion.
In order to prevent transfusion induced hypothermia, blood warmers have been traditionally played prominent role in preventing fatalities among sufferers, particularly in developed nations. Market players operating in the blood warmers industry include Stryker Corporation, Gentherm Medical, Belmont Medical, Kimberly-Clark, 3M, Mennen Medical, and Smith’s Medical.
Polaris Market Research has segmented the blood warmers market report on the basis of product, end use and region:
Blood Warmers, Product Outlook (Revenue – USD Million, 2016 – 2028)
- Portable Blood/IV Fluid Warmers
- Non-Portable Blood-IV Fluid Warmers
Blood Warmers, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
- Ambulatory Services
- Defense Forces
- Rescue Forces
Blood Warmers, by Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa