Asia Pacific Blood Warmer Market Size & Outlook, 2023-2030
Asia Pacific blood warmer market, 2018-2030 (US$M)
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Asia Pacific blood warmer market highlights
- The Asia Pacific blood warmer market generated a revenue of USD 224.2 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, portable blood warmers was the largest revenue generating product in 2023.
- Portable Blood Warmers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 224.2 million |
| Market revenue in 2030 | USD 402.2 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | 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 |
| Key market players worldwide | Stryker Corp, Gentherm Inc Class A, 3M Co, ICU Medical Inc, Vyaire Medical, Belmont Medical Technologies, The Surgical Company, Life Warmer, Mequ, Estill Medical Technologies, Smisson-Cartledge Biomedical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.6% of the global blood warmer market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 402.2 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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.
Portable blood warmers was the largest segment with a revenue share of 50.04% in 2023. Horizon Databook has segmented the Asia Pacific blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of a large patient pool, along with growing need for technologically advanced & cost-efficient healthcare solutions in the region, is expected to present significant growth opportunities in the market.
Moreover, increase in the number of clinical trials and high R&D investments by global players to enter into untapped markets in Asia Pacific owing to low-cost services are among high-impact rendering drivers of the market.
Moreover, rising elderly population and growing burden of chronic diseases are among factors expected to boost the demand for blood warmers in Asia Pacific in the coming years. According to WHO (Noncommunicable Diseases [NCD} Burden in the South-East Asia Region), approximately 8.5 million people die every year due to various NCDs in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific blood warmer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific blood warmers market size, by country, 2018-2030 (US$M)
Asia Pacific Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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