Blood Warmers Market: Introduction

  • Drop in the body core temperature to 36°C or lower is known as hypothermia. It occurs in 50%-90% of all operated patients. This temperature drop can be attributed to cold operating tables, lack of pre-warming, cold ambient temperatures, and use of anesthetic drugs as well as unheated blood products. Also, unheated infusion solutions and blood transfusions at approximately 4°C can reduce the body core temperature by approximately 0.25°C/unit.
  • Hypothermia can lead to sluggish wound healing and longer hospital stays. This hampers the hospital budget and increases the use of expensive drug treatment.
  • Blood warmers are applied to keep the patient’s body temperature at around 37°C before, during, and after surgery. These devices are intended to deliver peripheral warmth to the arterial piping, which helps keep the blood warm.

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Key Drivers and Restraints of Global Blood Warmers Market

  • The global blood warmers market is primarily driven by increase in the number of surgical procedures, rise in the number of suppliers of blood warmers, and high rate of adoption of portable blood warmers
  • Additionally, rise in geriatric population, increase in awareness about hypothermia, and focus on reducing the incidence of deaths caused by hypothermia are expected to fuel the global market during the forecast period
  • On the other hand, the market is likely to be restrained by product recalls in the near future. In June 2019, Vyaire Medical initiated a recall of enFlow disposable cartridges used with enFlow fluid warmer devices. The company recalled the product, as there was a risk of aluminum to be eluted from the warmer into the fluids, leading to exposure of patients to unsafe levels of aluminum.

Systems Segment to Account for a Major Share of Global Market

  • Based on product, the global blood warmers market can be classified into systems and accessories. The systems segment can be sub-divided into dry heat plate warmers and intravenous fluid tube warmers.
  • The systems segment is anticipated to dominate the global market during the forecast period, due to large patient population, increase in usage of blood warmers, and rise in the demand for blood warmer systems in blood banks

Portable Devices Segment to Gain a Major Share of Global Market

  • Based on modality, the global blood warmers market can be classified into portable and stationary. The portable segment is projected to gain market share between 2019 and 2027, due to ease of use and convenience offered by portable devices and increasing preference for them over stationary devices.

Hospitals Segment to Offer Significant Opportunities

  • In terms of end-user, the global blood warmers market can be segmented into hospitals & clinics, ambulatory surgical centers, blood banks & transfusion centers, tissue banks, and home care
  • The hospitals segment is expected to account for a major share of the global blood warmers market by 2027. The segment is likely to be driven by increase in use of blood warmers in emergency units, inpatient rooms, and intensive care units of hospitals. Also, increase in the number of guidelines about use of blood warming devices and rise in the need to ensure patient safety are projected to promote growth of the segment during the forecast period.

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North America to Dominate Global Blood Warmers Market

  • In terms of region, the global blood warmers market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global blood warmers market during the forecast period.
  • Technological advancements, presence of prominent market players, and increase in the demand for portable blood warmers are expected to drive the market in North America during the forecast period

Key Players Operating in Global Market

The global blood warmers market is highly fragmented, with a large number of domestic players accounting for a major market share. Key players operating in the global blood warmers market are:

  • 3M
  • Barkey
  • GENERAL ELECTRIC COMPANY
  • Smiths Medical
  • CELSIUS Medical
  • Geratherm Medical AG
  • Stihler Electronic GmbH
  • VYAIRE MEDICAL INC
  • Carefusion
  • Belmont Instrument, LLC
  • EMIT CORPORATION
  • Keewell Medical Technology Co., Ltd.
  • QinFlow Ltd

Global Blood Warmers Market: Research Scope

Global Blood Warmers Market, by Type

  • Systems
    • Dry Heat Plate Warmers
    • Intravenous Fluid Tube Warmers
  • Accessories

Global Blood Warmers Market, by Modality

  • Portable
  • Stationary

Global Blood Warmers Market, by Distribution Channel

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Blood Banks & Transfusion Centers
  • Tissue Banks
  • Home Care

Global Blood Warmers Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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