Market Size of Global Blood Warmer Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Blood Warmer Devices Market Analysis
The Blood Warmer Devices Market is expected to witness a CAGR of 8.5% over the forecast period. Factors such as the increasing number of surgeries and trauma cases, increasing the burden of hypothermia cases, and the rising geriatric and infant population are driving the growth of the blood warmer devices market.
During the COVID-19 pandemic, several studies were conducted to understand the effect of body warmers on controlling the severity of infection. For instance, as per the data published by clinicaltrials.gov, there was a study carried out in October 2020 to evaluate if core warming improves respiratory physiology of mechanically ventilated patients with COVID-19, allowing earlier weaning from ventilation, and greater overall survival. The results concluded that blood warmer devices help control the infection. However, it is described in the data that more study is required to understand the actual efficacy. Therefore, it is observed that COVID-19 has a slight impact on the market studied.
Additionally, the increasing number of surgeries and trauma cases are contributing to the growth of the market. The growing number of surgeries is related to the growth in dialysis adoption in severe stages of a medical patient and disease complexity. As per the 2022 updated statistics published under the American Kidney Fund, about 37 million Americans have kidney disease in the United States and an estimated 810,000 Americans were living with kidney failure as of 2021, which drives the adoption of dialysis machines and in-turn drives the demand for blood warmer devices. Hypothermia increases the risk during surgical procedures and it also takes a long time to heal. Hence, it is important to maintain the proper temperature to accelerate the healing process after surgery. Therefore, the growing focus on the development of better treatment options, along with the increasing burden of hypothermia cases is expected to drive the blood warmer devices market.
However, the availability of alternative methods and stringent regulatory framework is expected to restrain the growth of the global market in the forecast period.
