Australia Blood Warmer Market Size & Outlook, 2023-2030
Australia blood warmer market, 2018-2030 (US$M)
Related Markets
Australia blood warmer market highlights
- The Australia blood warmer market generated a revenue of USD 47.1 million in 2023 and is expected to reach USD 88.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, portable blood warmers was the largest revenue generating product in 2023.
- Non-portable Blood Warmers is the most lucrative product segment registering the fastest growth during the forecast period.
Blood warmer market data book summary
| Market revenue in 2023 | USD 47.1 million |
| Market revenue in 2030 | USD 88.0 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Portable blood warmers |
| Fastest growing segment | Non-portable Blood Warmers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 4.1% of the global blood warmer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blood warmer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 51.8 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 68.15% in 2023. Horizon Databook has segmented the Australia blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare industry in Australia is highly efficient and well-developed compared to other Asian countries, excluding Japan. Increasing hospitalization and rising healthcare expenditure in Australia are major factors expected to drive market growth over the forecast period.
For instance, according to Australian Institute of Health and Welfare report 2018, more than 11.0 million people were admitted to hospitals between 2016 and 2017.
In addition, according to the report published by the same source in 2018, government funding was around two-thirds of all healthcare spending and nongovernment funding was around 33.0%. Therefore, such initiatives may encourage many new and key players to enter the market, which is likely to drive market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Australia blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia blood warmers market size, by product, 2018-2030 (US$M)
Australia Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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