Global Blood Warmer Market Size & Outlook, 2023-2030
Global blood warmer market, 2018-2030 (US$M)
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Global blood warmer market highlights
- The global blood warmer market generated a revenue of USD 1,141.2 million in 2023 and is expected to reach USD 2,016.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.5% by 2030.
- In terms of segment, non-portable blood warmers accounted for a revenue of USD 628.3 million in 2023.
- Portable Blood Warmers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,141.2 million |
| Market revenue in 2030 | USD 2,016.2 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-portable blood warmers |
| Fastest growing segment | Portable Blood Warmers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood Warmers, Non-portable Blood Warmers |
Other key industry trends
- In terms of revenue, the North America accounted for 40.8% of the global blood warmer market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 53.3 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global blood warmer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood warmer market will help companies and investors design strategic landscapes.
Non-portable blood warmers was the largest segment with a revenue share of 55.06% in 2023. Horizon Databook has segmented the Global blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
Road accidents and gunshot wounds are the primary reason for fatalities due to major blood loss, globally. Hemorrhagic shock results in the death of around 60,000 U.S. citizens, whereas globally the number of fatalities go up to 2 million deaths annually.
Among these global hemorrhagic fatalities, 1.5 million are as a result of physical injury such as road/workplace accident, and gunshot wounds to name a few. Blood IV warmers reduce the risk of hypothermic complications caused by inducing cold stored blood-IV to hemorrhagic patients and thereby help in increasing the chances of patient survival.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global blood warmer market , including forecasts for subscribers. This global databook contains high-level insights into Global blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global blood warmers market size, by regions, 2018-2030 (US$M)
Top 10 countries: Blood warmers market size, 2023 (US$M)
Global blood warmers market share, by product, 2023 & 2030 (%, US$M)
Blood warmer market: Opportunity assessment by country
Global blood warmer market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 263.7 | 283.9 | 353.9 | 398.7 | 430.6 | 465.4 | 503.6 | 545.5 | 591.4 | 641.9 | 697.4 | 758.4 | 825.6 | 8.5% |
| Europe | 165.6 | 177.8 | 221.0 | 248.4 | 267.5 | 288.4 | 311.2 | 336.1 | 363.5 | 393.4 | 426.3 | 462.3 | 501.9 | 8.2% |
| Asia Pacific | 126.0 | 135.8 | 169.6 | 191.4 | 207.1 | 224.2 | 243.0 | 263.6 | 286.3 | 311.2 | 338.6 | 368.8 | 402.2 | 8.7% |
| Latin America | 56.8 | 61.0 | 75.8 | 85.2 | 91.8 | 99.0 | 106.9 | 115.5 | 124.9 | 135.3 | 146.6 | 159.1 | 172.8 | 8.3% |
| MEA | 36.4 | 39.2 | 48.8 | 55.0 | 59.4 | 64.2 | 69.5 | 75.2 | 81.6 | 88.5 | 96.2 | 104.6 | 113.8 | 8.5% |
| Overall | 648.3 | 697.6 | 869.2 | 978.7 | 1,056.3 | 1,141.2 | 1,234.1 | 1,336.0 | 1,447.7 | 1,570.3 | 1,705.0 | 1,853.2 | 2,016.2 | 8.5% |
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