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Blood And Fluid Warmer Market Share, Trends, Growth Rate, Industry Report And Forecast To 2033
"The new report published by The Business Research Company, titled ""Blood And Fluid Warmer Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the blood and fluid warmer market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The blood and fluid warmer market size is expected to see strong growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
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Growth In Surgical Procedures Is Driving Blood And Fluid Warmer Market
The rise in the number of surgical procedures is expected to propel the growth of the blood and fluid warmer market going forward. Surgical procedures involve medical interventions trained healthcare professionals perform to treat diseases, injuries, or deformities through incisions or minimally invasive techniques. The rise in surgical procedures is fueled by several factors, such as advancements in surgical techniques, increased access to healthcare services, aging populations requiring more medical interventions, and the expansion of specialized surgical procedures for complex conditions. Blood and fluid warmers are crucial in surgical procedures to maintain patient safety and optimize outcomes by preventing hypothermia and ensuring fluids are at ideal temperatures, enhancing surgical efficacy and recovery. For instance, in September 2022, according to the International Society of Aesthetic Plastic Surgery, a US-based non-profit organization for board-certified aesthetic plastic surgeons, there was approximately 11.2% overall increase in procedures performed by plastic surgeons in 2022, with more than 14.9 million surgical and 18.8 million non-surgical-procedures performed worldwide. Therefore, the rise in the number of surgical procedures is driving the growth of the blood and fluid warmer market.
Introduction Of Innovative Warming Technologies In Blood And Fluid Warmer Market
Major companies operating in the blood and fluid warmer market focus on developing advanced products, such as patented warming technology-based systems, to enhance efficiency and safety in medical settings and address the critical need for maintaining optimal fluid temperatures. Patented warming technology-based systems utilize innovative heating methods protected by patents to provide efficient and controlled warming for various applications, including medical devices, food preservation, and outdoor gear. For instance, in April 2021, MEQU, a Denmark-based medical technology manufacturer, launched the M Warmer System, a portable blood and IV fluid warming device adopted in the pre-hospital and military sectors. The °M Warmer can warm infusion fluids from cold to body temperature in under 10 seconds. The AC powered °M Station is an in-hospital power solution for the °M Warmer System, which can be used in emergency rooms, operating theatres, intensive care units, X-ray/CT scans, etc.
The blood and fluid warmer market covered in this report is segmented -
1) By Product: Patient Warming Accessories, Intravenous Warming System, Surface Warming System
2) By Application: Homecare, Acute Care, Newborn Care, Preoperative Care, Other Applications
3) By End-User: Clinics, Hospitals, Specialty Centers, Other End Users
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Major companies operating in the blood and fluid warmer market are 3M Company, Stryker Corporation, Baxter International Inc., Ecolab Inc., ICU Medical Inc., Halyard Health , Vyaire Medical, Bio-x, EMIT Corporation, Belmont Instrument Corporation, Narang Medical Limited, Combat Medical Systems, Barkey GmbH & Co. KG, Stihler Electronic GmbH, Estill Medical Technologies, Enthermics Medical Systems, Biegler GmbH, Sino Medical-Device Technology Co. Ltd., Moeck and Moeck GmbH, Keewell Medical Technology Co. Ltd.
Contents of the report:
1. Executive Summary
2. Blood And Fluid Warmer Market Report Structure
3. Blood And Fluid Warmer Market Trends And Strategies
4. Blood And Fluid Warmer Market - Macro Economic Scenario
5. Blood And Fluid Warmer Market Size And Growth
…..
27. Blood And Fluid Warmer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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