Press release
Biomedical Warming and Thawing Devices Market By Product 2018-2024 | Helmer Scientific, BioCision, Sartorius AG, Sarstedt AG & Co. KG, Boekel Scientific, Barkey, Cardinal Health, GE Healthcare
Biomedical Warming and Thawing Devices Market will exceed USD 270 million by 2024; as per a new research report.
China biomedical warming and thawing devices market is anticipated to grow at a lucrative CAGR of 10.9% in the forecast period. China is one of the most technologically advanced country, majorly contributing in the healthcare industry of the region. The country is the second largest medical devices manufacturer globally. Rapidly rising incidences of accidents coupled with blood transfusion processes will drive the demand over the projection years.
Companies profiled in this research and active in the Helmer Scientific, BioCision, Sartorius AG, Sarstedt AG & Co. KG, Boekel Scientific, Barkey, CytoTherm, Cardinal Health, GE Healthcare, Thermo Fisher Scientific Industries industry participants have adopted the strategy of frequent product launches in order to improve customer satisfaction and promote market growth. Moreover, manufacturers are also investing in technological innovation to improve product quality and ensure regulatory compliance.
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Based on sample, ovum/embryo market segment is forecasted to grow rapidly at a CAGR of 11.0% during the projected years. Increasing incidence of infertility, growing demand for in-vitro fertilization and greater technological advancement in the field infertility is driving the market growth. In addition, the ability to freeze and thaw embryos successfully is one of the greatest developments in assisted reproductive technology, and a number of fertility patients who undergo in vitro fertilization benefit from the use of frozen embryos.
Blood banks and transfusion centers market segment was valued at USD 44.3 million in 2017. Presence of various number of blood banks and transfusion centers worldwide and application of blood/plasma samples in healthcare setting is propelling the segment growth. Research laboratories market segment is expected to foresee the swiftest growth due to increased level of research activities on various chronic diseases and cancer.
Manual warming and thawing devices captured the maximum share in the global market valued at around USD 91.3 million in 2017. Manual thawing equipment are widely available at affordable prices, that has in turn increased its application, thereby fostering the segment?s growth. Automatic warming and thawing devices market segment is expected to grow swiftly during the forecast period. Multiple detection mechanisms, determination of vial temperature, phase change initiation and automatic thaw completion are few factors which will propel the growth of the segment in the coming years.
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Increase in number of trauma accidents and serious injuries will augment the biomedical warming and thawing devices market over the forecast period. According to an article published in the National Center for Biotechnology Information, globally, an estimated 1.3 million people are killed in road traffic crashes each year and as many as 78.2 million are injured. Furthermore, growing instances of biotechnology studies in developing regions will also increase the demand for biomedical warming and thawing devices.
Growing government initiatives around the globe with regards to blood donation, storage and transfer has helped the healthcare sector to provide the best quality devices for freezing and thawing purposes. Numerous companies are striving hard to manufacture thawing equipment which are technologically advanced and have superior functioning as compared to the traditional ones.
Issues related to thawing of large batch size samples might restrain the market growth in the coming years. Furthermore, strict regulation for the use of thawed products and samples is another obstacle, which might pull back the growth of the market.
Some of the 92 data tables provided in this Biomedical Warming and Thawing Devices market research include:
TABLE 1. Biomedical warming and thawing industry 360 degree synopsis, 2013 - 2024
TABLE 2. Global biomedical warming and thawing devices market, 2013 - 2017 (USD Million)
TABLE 3. Global biomedical warming and thawing devices market, 2018 - 2024 (USD Million)
TABLE 4. Global biomedical warming and thawing devices market, by method, 2013 - 2017 (USD Million)
TABLE 5. Global biomedical warming and thawing devices market, by product, 2013 - 2017 (USD Million)
TABLE 6. Global biomedical warming and thawing devices market, by product, 2018 - 2024 (USD Million)
TABLE 7. Global biomedical warming and thawing devices market, by sample, 2013 - 2017 (USD Million)
TABLE 8. Global biomedical warming and thawing devices market, by sample, 2018 - 2024 (USD Million)
TABLE 9. Global biomedical warming and thawing devices market, by end user, 2013 - 2017 (USD Million)
TABLE 10. Global biomedical warming and thawing devices market, by end user, 2018 - 2024 (USD Million)
TABLE 11. Global biomedical warming and thawing devices market, by region, 2013 - 2016 (USD Million)
TABLE 12. Global biomedical warming and thawing devices market, by region, 2017 - 2024 (USD Million)
TABLE 13. Industry impact forces
TABLE 14. Manual market size, by region, 2013 - 2024 (USD Million)
TABLE 15. Automatic market size, by region, 2013 - 2024 (USD Million)
TABLE 16. Blood products market size, by region, 2013 - 2024 (USD Million)
TABLE 17. Ovum/embryo market size, by region, 2013 - 2024 (USD Million)
TABLE 18. Semen market size, by region, 2013 - 2024 (USD Million)
TABLE 19. Others market size, by region, 2013 - 2024 (USD Million)
TABLE 20. Blood banks and transfusion centers market size, by region, 2013 - 2024 (USD Million)
TABLE 21. Hospitals market size, by region, 2013 - 2024 (USD Million)
TABLE 22. Research laboratories market size, by region, 2013 - 2024 (USD Million)
TABLE 23. Pharmaceutical industry market size, by region, 2013 - 2024 (USD Million)
TABLE 24. Others market size, by region, 2013 - 2024 (USD Million)
TABLE 25. North America biomedical warming and thawing devices market size, by country, 2013 - 2024 (USD Million)
For More Details about this report: https://www.marketstudyreport.com/reports/biomedical-warming-and-thawing-devices-market
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