The global Blood Warmers Market size is expected to reach USD 1.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.3% from 2021 to 2028. Stryker Corporation, Gentherm Medical, Belmont Medical, Kimberly-Clark are some of the key players in this industry. Gunshot wounds, increasing incidence of road accidents, and mishaps are the key driving factors for the market.
A rising number of road accidents is among the top
factors that are driving the market. Road mishaps are the 8th leading cause of
death for individuals across all ages, with a significant percentage of
fatalities among victims occurring due to severe blood loss. According to the
Global Status Report on Road Safety 2018, approximately 1.4 million individuals
die of road accidents every year. Ambulatory and emergency paramedic services,
therefore, need to provide blood/IV fluids to patients in such remote and
extreme conditions.
Since these medical fluids are stored in lower
temperatures to preserve their potency, directly introducing them to patients
can cause induced hypothermia. With an added risk of hypothermia as a result of
blood loss, stored blood is initially heated to body temperature before
infusion into a patient. In developed countries, ambulatory
services have advanced portable warming systems that help stabilize a
patient in emergency situations. In developing countries, due to the higher
cost of portable warmers, the risk of fatality due to hypothermia or blood loss
is higher as the non-portable warmers are generally hospital-based.
The warmers are also required by search and rescue
forces, as they deal with numerous victims of natural calamities and mishaps
that often occur in the remotest or most extreme environments. This is the
reason why the demand for the medical device has observed a growth among rescue
forces in the international market, thereby propelling market growth over the
forecast period.
Related Press
Release @ Blood
Warmers Market Report
Blood Warmers Market Report Highlights
- The
non-portable fluid warmers segment is expected to grow in the forthcoming
years owing to increasing demand from ambulatory services and
military/defense sectors, and increasing incidence of road accidents and
mishaps
- In
2020, the hospitals/clinics segment dominated the market. The defense
forces and ambulatory services segments are expected to see respectable
growth during the forecast period
- In
Asia Pacific, the market is anticipated to grow fast owing to the growing
number of surgeries, the presence of huge population demography, and the
increasing quality of healthcare demanded by patients
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