Blood Warmers Market 2021-2027 in Covid-19 Accurate Analysis of Company Stocks and Strategic Development | Gentherm Medical, Belmont Medical, Kimberly-Clark, 3M, Mennen Medical

The global blood warmers market size is expected to reach USD 1.52 billion by 2027. Blood Warmers Market Report added by Report Ocean is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s history and forecasts market growth by geography. 

The global Blood Warmers Market is forecast to grow at a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2021-2027.

Growth Factors:

It is being estimated that, in the U.S. market alone, in 2016, there were 11.3 million cases of hypothermia and 3 million cases of hyperpyrexia. Factors responsible for such conditions include natural calamities, hypothermia, blood loss due to shock and extreme environments, physical trauma, and infectious diseases increase the risk of fatality.

It is being observed that, in the U.S. market, out of a few million cases of IV-induced hypothermia, around 75 percent of the cases happened in ambulatory settings. With an aim to prevent the risk of blood-induced hypothermia, there is an upsurge in the market demand for portable blood warmers, thereby, boosting the market of blood warmers.

Through an independent survey, it is being found that around 70% of the blood warmer demand in the market was from hospitals, while the rest was met by remote centers such as ambulatory surgical units. Blood transfusion during surgical interventions and increase in the average length of hospital stays are some of the biggest contributors in the infusion of IV blood transfusion.

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The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.

The reports on the Global Blood Warmers Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global Blood Warmers Market growth rates.

Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the Blood Warmers Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.

Impact Analysis of COVID-19

A detailed study of Covid-19 impacts the Blood Warmers Market is provided in the report.

The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Blood Warmers Market segments.

While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.

Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The report extensively examines the fundamental aspects of the Global Blood Warmers Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the Blood Warmers Market provides insight into the factors influencing its growth. This market study breaks down the Blood Warmers Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.

Regional Overview

An analysis of the Blood Warmers Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the Blood Warmers Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Blood Warmers Market are:

Stryker Corporation, Gentherm Medical, Belmont Medical, Kimberly-Clark, 3M, Mennen Medical, and Smith’s Medical.

Scope of the Report

The global Blood Warmers Market segmentation focuses on:

By Product Outlook
Portable Blood/IV Fluid Warmers
Non-Portable Blood-IV Fluid Warmers

By End-Use Outlook
Ambulatory Services
Defense Forces
Hospitals/Clinic
Rescue Forces

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This release was published on openPR.