Market revenue in 2023 | USD 15.7 million |
Market revenue in 2030 | USD 28.5 million |
Growth rate | 8.9% (CAGR from 2023 to 2030) |
Largest segment | Non-portable blood warmers |
Fastest growing segment | 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 |
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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 54.78% in 2023. Horizon Databook has segmented the Brazil 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 blood/IV warmers market in Brazil is estimated to grow at a significant rate during the forecast period, owing to increasing healthcare reforms and expenditure. According to World Bank Group data, total healthcare expenditure in Brazil was 9.5% of its GDP in 2017.
Thus, rapidly growing economy, along with increasing number of players interested in exploring market opportunities in the country, is expected to drive the market.
Moreover, the public health system of Brazil Unified Health System (SUS) provides health services for free to its citizens and offers foreign visitors treatment options. In addition, Brazil is the largest medical devices market in Latin America and has complex regulatory framework.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Brazil blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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