(PharmaNewsWire.Com, March 20, 2021 ) The Factors driving the growth of Blood/Sample Warmer Market include the increasing burden of hypothermia cases, increasing number of surgeries, and growing number of trauma cases. According to a report published by Hospital Episode Statistics (HES) and the Health and Social Care Information Centre, the diagnosis rate of hypothermia in the UK increased significantly. This will result in, increasing demand for blood warmer devices/sample warmers during the forecast period.
According MarketsandMarkets™ Research - The report "Blood Warmer Devices Market by Sample (Blood, Embryo, Ovum, Semen), End User (Hospital, Blood Bank, Transfusion Center, Tissue Bank), Region (North America, Europe, Asia Pacific) - Global Forecast", the sample warmer devices market is expected to reach USD 225.6 Million, at a CAGR of 8.4%
The objectives of this study are as follows:
- To define, describe, segment, and forecast the blood warmer devices market by sample type, end user, and region
- To forecast revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To identify the micro-markets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
- To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market
By sample type, Classified into blood samples and other samples. The blood samples segment is expected to lead the global blood warmer devices market in 2017. Factors driving the growth of this segment include the increasing demand for blood and blood products.
By end user, the sample warmer devices market is segmented into hospitals, blood banks & transfusion centers, and tissue banks. The hospitals segment is expected to account for the largest share of the global blood warmer devices market. The rising number of blood transfusions and growing requirement of blood in surgical treatments which is a major factor responsible for the dominant share of this segment.
Geographical View in-detailed:
The blood/sample warmer devices market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is expected to dominate the sample warmer devices market. This is attributed to factors such as the increasing incidence of hypothermia, growing volume of surgical procedures, and the increasing number of trauma cases of blood warmer devices/sample warmer products in the region as compared to other regions.
Key players in the blood warmer devices market include 3M (US), BD (US), The 37Company (Netherlands), Geratherm Medical (Germany), Stryker (US), Sarstedt (Germany), Barkey (Germany), Stihler Electronic (Germany), Belmont instrument (US), Biegler (Austria), and EMIT (US).
Smiths is one of the leading players in the blood warmer devices market. The company is engaged in developing, manufacturing, marketing, and selling medical devices and consumables. It primarily pursues the strategy of product launches, in order to increase its share in the market. For instance, in 2014, the company launched the HOTLINE Liquid Warmer. This launch helped the company to increase its offerings in the sample warming systems market.
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