Press release
Patient Warmer Market Predicted to Hit $3.49 Billion by 2030: Allied Market Research
Rise in the number of surgeries, surge in prevalence of cardiovascular diseases and cancer, and increase in preterm infant population drive the growth of the global patient warmer market. However, presence of a stringent regulatory framework and high cost of technologically advanced products restrain the market growth. On the other hand, launches of new products present new opportunities in the coming years.
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The report offers detailed segmentation of the global patient warmer market based on product, type, end user, and region.
Based on product, the surface warming system segment contributed to the highest share in 2020, accounting for more than two-fifths of the total market share, and is expected to continue its lead position during the forecast period. However, the intravenous warming system segment is projected to manifest the highest CAGR of 8.6% from 2021 to 2030.
Based on end user, the hospitals segment held the largest share in 2020, accounting for more than three-fifths of the global patient warmer market, and is expected to maintain its dominance in terms of revenue by 2030. However, the ambulatory services region is projected to witness the largest CAGR of 8.4% during the forecast period.
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Based on region, North America accounted for the highest share in 2020, contributed to more than two-fifths of the total market share, and is estimated to continue its leadership status by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 8.5% during the forecast period.
Leading players of the global patient warmer market analyzed in the research include 3M Company, Baxter International Inc. (Gambro), Barkey GmbH & Co. KG, Biegler GmbH, Belmont Instrument, GE Healthcare, Emit Corporation, Smith's Group Plc. (Smith's Medical), Geratherm Medical, and Stryker Corporation.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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