The Asia Pacific Blood Warmer Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030).
One of the key factors driving the market's growth is the rising number of newborns around the world, as these blood warmers are utilized in hospitals and clinics by medical experts during treatments like blood transfusions and others in infants. According to UNICEF, approximately 67,385 infants are born daily in India, representing one-sixth of the global total. Unfortunately, one of these infants dies every minute which is a critical problem rapidly escalating due to the lack of adequate healthcare facilities. Therefore, these factors are projected to spur market expansion in the upcoming years.
Cold liquids inhibit the immune response and can increase susceptibility to disease. By warming the blood and other fluids, blood warmer can reduce the chance of getting sick and improve the body's defenses against viruses and bacteria. Patients' blood and fluid temperatures can quickly decrease in colder climates, leading to hypothermia. A blood warmer can aid in preventing hypothermia by keeping the blood and fluids at a safe temperature. The rising elderly and newborn populations are driving the market, the increase in surgeries, and the rise in trauma cases. All these factors will uplift the market expansion in upcoming years.
The age range most severely hit by road accidents is 18 to 45 years old, accounting for almost 67 percent of unintentional fatalities. China’s total number of motor vehicles climbed by 68.12% over ten years, from 207 million in 2010 to 348 million in 2019. As a result, one of the largest public health concerns in the APAC area has been road safety. As a result, one of the largest public health concerns in the APAC area has been road safety. The rising incidence of road accidents further raise the need for surgical procedures in the region and thus the demand in APAC also rises.
The China market dominated the Asia Pacific Blood Warmer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $137.3 million by 2030. The Japan market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 9.4% during (2023 - 2030).
Based on Application, the market is segmented into Surgery, Acute Care, New Born Care, Homecare, and Others. Based on Product, the market is segmented into Non-portable Blood/IV Warmers, and Portable Blood/IV Warmers. Based on End-use, the market is segmented into Hospitals/Clinic, Ambulatory Services, Defense Forces, and Rescue Forces. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Blood Warmer Market is Projected to reach USD 1.8 Billion by 2030, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Stryker Corporation, ICU Medical, Inc., Gentherm Incorporated (Gentherm Medical), Vyaire Medical, Inc. (Apax Partners LLP), Belmont Medical Technologies (Audax Management Company, LLC.), The Surgical Company, Life Warmer, Estill Medical Technologies, Inc., and Smisson-Cartledge Biomedical, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Surgery
- Acute Care
- New Born Care
- Homecare
- Others
By Product
- Non-portable Blood/IV Warmers
- Portable Blood/IV Warmers
By End-use
- Hospitals/Clinic
- Ambulatory Services
- Defense Forces
- Rescue Forces
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Stryker Corporation
- ICU Medical, Inc.
- Gentherm Incorporated (Gentherm Medical)
- Vyaire Medical, Inc. (Apax Partners LLP)
- Belmont Medical Technologies (Audax Management Company, LLC.)
- The Surgical Company
- Life Warmer
- Estill Medical Technologies, Inc.
- Smisson-Cartledge Biomedical, LLC
TABLE 1 Asia Pacific Blood Warmer Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Blood Warmer Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Surgery Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Surgery Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Acute Care Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Acute Care Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific New Born Care Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific New Born Care Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Homecare Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Homecare Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Non-portable Blood/IV Warmers Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Non-portable Blood/IV Warmers Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Portable Blood/IV Warmers Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Portable Blood/IV Warmers Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Hospitals/Clinic Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Hospitals/Clinic Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Ambulatory Services Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Ambulatory Services Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Defense Forces Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Defense Forces Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Rescue Forces Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Rescue Forces Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Blood Warmer Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Blood Warmer Market by Country, 2023 - 2030, USD Million
TABLE 33 China Blood Warmer Market, 2019 - 2022, USD Million
TABLE 34 China Blood Warmer Market, 2023 - 2030, USD Million
TABLE 35 China Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 36 China Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 37 China Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 38 China Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 39 China Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 40 China Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 41 Japan Blood Warmer Market, 2019 - 2022, USD Million
TABLE 42 Japan Blood Warmer Market, 2023 - 2030, USD Million
TABLE 43 Japan Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 44 Japan Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 45 Japan Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 46 Japan Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 47 Japan Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 48 Japan Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 49 India Blood Warmer Market, 2019 - 2022, USD Million
TABLE 50 India Blood Warmer Market, 2023 - 2030, USD Million
TABLE 51 India Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 52 India Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 53 India Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 54 India Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 55 India Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 56 India Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 57 South Korea Blood Warmer Market, 2019 - 2022, USD Million
TABLE 58 South Korea Blood Warmer Market, 2023 - 2030, USD Million
TABLE 59 South Korea Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 60 South Korea Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 61 South Korea Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 62 South Korea Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 63 South Korea Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 64 South Korea Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 65 Singapore Blood Warmer Market, 2019 - 2022, USD Million
TABLE 66 Singapore Blood Warmer Market, 2023 - 2030, USD Million
TABLE 67 Singapore Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 68 Singapore Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 69 Singapore Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 70 Singapore Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 71 Singapore Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 72 Singapore Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 73 Malaysia Blood Warmer Market, 2019 - 2022, USD Million
TABLE 74 Malaysia Blood Warmer Market, 2023 - 2030, USD Million
TABLE 75 Malaysia Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 76 Malaysia Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 77 Malaysia Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 78 Malaysia Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 79 Malaysia Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 80 Malaysia Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific Blood Warmer Market, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Blood Warmer Market, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Blood Warmer Market by Application, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Blood Warmer Market by Application, 2023 - 2030, USD Million
TABLE 85 Rest of Asia Pacific Blood Warmer Market by Product, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Blood Warmer Market by Product, 2023 - 2030, USD Million
TABLE 87 Rest of Asia Pacific Blood Warmer Market by End-use, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific Blood Warmer Market by End-use, 2023 - 2030, USD Million
TABLE 89 Key Information – 3M Company
TABLE 90 key Information – Stryker Corporation
TABLE 91 Key information – ICU Medical, Inc.
TABLE 92 Key Information – Gentherm Incorporated
TABLE 93 Key Information – Vyaire Medical, Inc.
TABLE 94 Key Information – Belmont Medical Technologies
TABLE 95 Key Information – The Surgical Company
TABLE 96 Key Information – Life Warmer
TABLE 97 Key Information – Estill Medical Technologies, Inc.
TABLE 98 Key Information – Smisson-Cartledge Biomedical, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Blood Warmer Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Blood Warmer Market
FIG 4 Porter’s Five Force Analysis: Blood Warmer Market
FIG 5 Asia Pacific Blood Warmer Market share by Application, 2022
FIG 6 Asia Pacific Blood Warmer Market share by Application, 2030
FIG 7 Asia Pacific Blood Warmer Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Blood Warmer Market share by Product, 2022
FIG 9 Asia Pacific Blood Warmer Market share by Product, 2030
FIG 10 Asia Pacific Blood Warmer Market by Product, 2019 - 2030, USD Million
FIG 11 Asia Pacific Blood Warmer Market share by End-use, 2022
FIG 12 Asia Pacific Blood Warmer Market share by End-use, 2030
FIG 13 Asia Pacific Blood Warmer Market by End-use, 2019 - 2030, USD Million
FIG 14 Asia Pacific Blood Warmer Market share by Country, 2022
FIG 15 Asia Pacific Blood Warmer Market share by Country, 2030
FIG 16 Asia Pacific Blood Warmer Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT ANALYSIS: 3M Company
FIG 18 SWOT ANALYSIS: Stryker Corporation
FIG 19 SWOT ANALYSIS: ICU Medical, Inc.
FIG 20 SWOT ANALYSIS: Gentherm Incorporated
FIG 21 SWOT ANALYSIS: Vyaire Medical, Inc.
FIG 22 SWOT ANALYSIS: The Surgical Company
FIG 23 SWOT ANALYSIS: ESTILL MEDICAL TECHNOLOGIES, INC.
FIG 24 SWOT ANALYSIS: Smisson-Cartledge Biomedical, LLC