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Blood Warmer Market size was valued at over USD 1.2 billion in 2022 and is projected to reach more than USD 2.5 billion by 2032.
Blood warmers, also known as blood warming devices or blood temperature management systems, are medical devices used to warm blood or other intravenous fluids before they are administered to patients. The purpose of blood warmers is to ensure that the fluid being infused into the patient's body is at a safe and appropriate temperature, typically around body temperature (37°C or 98.6°F). Additionally, the use of blood warmers offers several benefits, such as improved patient outcomes, reduced risk of complications associated with cold blood transfusion, and enhanced patient comfort during procedures, thereby increasing adoption rate, hence, stimulating market trends.
Moreover, the rising number of surgeries and trauma cases is further augmenting the market expansion. For instance, according to the World Health Organization (WHO) estimates, road traffic accidents diminish lives of approximately 1.3 million people, annually. In addition, on an average 30 million more injuries that are non-fatal occur every year, with many of these injuries leading to disabilities. Thus, the aforementioned factors are projected to accelerate industry demand.
North America held sizable share of the blood warmer industry in 2022 and is projected to expand at a robust CAGR from 2023 -2032 attributed to the strong presence of prominent players, significant government investments, and favorable reimbursement environment.
Blood warmer market size from the acute care type segment is set to witness 7.5% CAGR from 2023-2032 due to the rising rates of mishaps, shootings, and other injuries.
Demand for non-portable blood warmers is estimated to reach USD 673.9 million in 2022 and is expected to grow steadily through 2032 driven by the expanding geriatric population base and the rising hospital admission rates
Blood warmer industry size was more than USD 1.2 billion in 2022 and is estimated to reach over USD 2.5 billion by 2032 owing to increasing adoption for improved patient outcomes, reduced complications risks, and enhanced patient comfort during procedures.