The global blood warmer market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. The primary factor accelerating the growth of the market includes the rising number of chronic diseases such as cancer, tumor, arthritis, and others across the globe. During the treatment of these chronic diseases, blood and blood-related products are used which are stored at low temperatures to prevent them from decaying. Thus, during transfusion of red blood cells (RBCs) and platelets, among others, blood stored at low temperatures is warmed to normal temperature before transfusion by using blood warmer devices. According to the World Health Organization (WHO), in 2019, the prevalence of anemia patients was 29.9% in women aged between 15 to 49 years. Moreover, the problem of anemia in children was estimated at around 39.8%.
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Another factor accelerating the market growth is the rise in utilization of blood warmer devices during the COVID-19 pandemic. There was a significant rise in demand for infusion therapy owing to the increase in COVID-19 cases across the globe. Blood warmer devices are used to raise fluids to body temperature and provide speedy recovery while reducing the risk of transfusion shock. Post-COVID-19 pandemic, several market players started focusing on integrating next-generation technologies within the blood warmer devices to cater to the rising demand for the devices in hospitals and clinics. For instance, in July 2019, Baxter International Inc. launched TherMax blood warmer and PrisMax systems. The product launched includes next-generation technology for continuous renal replacement therapy. The product’s innovative technology simplifies therapy delivery and provides improved flexibility to the hospital’s ICU.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Blood Warmer Market Report Segment
By Product
- Portable Blood Warmers
- Non-Portable Blood Warmers
By Applications
- Newborn Care
- Preoperative Care
- Acute Care
- Homecare
By End-User
- Hospitals/ Clinics
- Ambulatory Services
- Defense Forces
- Rescue Forces
Global Blood Warmer Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global blood warmer market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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