Blood warmer is a device used mainly to warm blood or fluids before transferring blood to a person. It works by heating the blood to a temperature that is primarily regarded as safe for infusion. This device is mainly used in ICUs, hospitals, clinical institutions, and operating rooms to prevent hypothermic conditions. Blood warmers come with exciting features that enable their ease of accessibility, portability, and patient comfort. The rise in consumption of drugs, increasing prevalence of thyroid and diabetes are other factors boosting the demand for blood fluid warming system market.
MARKET SCOPE
The "Global Iv fluid warmer Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the iv fluid warmer market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading iv fluid warmer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on type, the global iv fluid warmer market is segmented into patient warming method, surface warming method, intravenous warming method.
-On the basis of end use, the market is segmented into neonatal care, paediatric care, acute care, postoperative care, homecare.
MARKET DYNAMICS
Drivers-
- Rise in the incidences of road accidents and surgical procedures globally.
- Rise in the demand for IV Fluid Warmers from ambulatory services because of COVID-19.
Restraints-
- Heavy research and development expenses is the major restraining factor for the iv fluid warmer market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The iv fluid warmer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the iv fluid warmer market in these regions.
IMPACT OF COVID-19 ON IV FLUID WARMER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. With the rise in infusion therapies due to COVID-19 IV Fluid Warmer Market is growing exponentially.
MARKET PLAYERS
The report covers key developments in the iv fluid warmer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from iv fluid warmer market are anticipated to lucrative growth opportunities in the future with the rising demand for iv fluid warmer in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the iv fluid warmer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Stryker Corporation
-Gentherm Medical
-Belmont Medical
-Kimberly-Clark
-Mennen Medical
-Smith's Medical
-3M Company
-CareFusion
-The 37Company
-Foshan Keewell and Barkey GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.