blood-and-fluid-warming-systems-market

Blood and Fluid Warming Systems Market Growth, Future Prospects & Competitive Analysis, 2016 - 2024

06 Jun 2023 Format PDF icon PPT icon XLS icon Request Sample

Blood and fluid warming systems market expected to Grow at 6.2% by 2031, Blood and fluid warming systems are widely used in clinical interventions for prevention of non-intended hypothermia. Such systems heats fluids before and curing administration to the patient. Hypothermia can be easily prevented with blood and fluid warming systems, thus resulting in efficient patient management, reduced hospital stay and lowering the risk of surgical site infections. Major complications associated with non-intended hypothermia include greater mortality rates, long hospital stay, augmented bedding time, higher risk of infections and greater healthcare costs.

Blood and fluid warming systems find major usage in intensive care units, operating rooms and emergency settings to prevent hypothermia in critical patients. Such systems comprise features such as automatic temperature flow adjustment and alarm systems. The demand for blood and fluid warming systems is supported by growing incidence of hypothermia in clinical settings and the associated mortality. The risk of hypothermia incidence is higher in geriatric and pediatric patients, hence growing birth rate and increase in life expectancy will further attribute to greater demand for blood and fluid warming systems. Regions with cooler temperatures are the major geographies experiencing high demand for blood and fluid warming systems on the ground of prevalent environmental factors. As patients under anesthesia are unable to regulate their blood temperature, growing number of surgical procedures under anesthesia will also contribute to growth in demand for fluid warming systems.

Key players identified for blood and fluid warming systems market include but are not limited to:

3M Company, CareFusion/Becton, Dickinson and Company, Smiths Medical, The 37Company, Biegler GmbH, Belmont Instrument Corporation, Estill Medical Technologies, Inc., Gaymar, JMW Medical Ltd., Nuova GmbH, Sarstedt AG & Co., Stihler Electronic GmbH, TSCI, Foshan Keewell, GE Healthcare, Meridian Medical Systems, CareFusion, Barkey GmbH, Becton And Other Notable Players.

This report offers:

  • An overview of the global markets for blood and fluid warming systems
  • Market trends assessment for the period 2013-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023
  • Qualitative assessment tools such as market drivers, challenges and future prospects, major commercial events, etc.
  • Market competition scrutiny tools such as market share analysis, and attractive investment proposition
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the blood and fluid warming systems market

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Blood and Fluid Warming Systems market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Blood and Fluid Warming Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Technology
  • Drum/Cylinder Heating
  • Plate Heating
  • Forced Air Warming
  • Electric/Induction Heating
  • Recirculating Fluid Warming
  • Infrared Warming

End-Use
  • Emergency Medical Care
  • Hospitals
  • Military
  • Others

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Blood and Fluid Warming Systems market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Blood and Fluid Warming Systems market?
  • Which is the largest regional market for Blood and Fluid Warming Systems market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Blood and Fluid Warming Systems market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Blood and Fluid Warming Systems market worldwide?
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