Canada Blood Warmer Market Size & Outlook, 2023-2030
Canada blood warmer market, 2018-2030 (US$M)
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Canada blood warmer market highlights
- The Canada blood warmer market generated a revenue of USD 50.2 million in 2023 and is expected to reach USD 87.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, non-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.
Blood warmer market data book summary
| Market revenue in 2023 | USD 50.2 million |
| Market revenue in 2030 | USD 87.4 million |
| Growth rate | 8.3% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 4.4% 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 North America, U.S. blood warmer market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 738.1 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 50.4% in 2023. Horizon Databook has segmented the Canada 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 warmers market in Canada is rapidly developing owing to high number of surgeries, increased government funding, and favorable reimbursement policies. For instance, as per Organization for Economic Co-operation and Development (OECD), around 396,218 surgeries were performed in Canada in 2017.
Since blood warmers are required before a surgical procedure to avoid hypothermia, their demand is likely to increase in the country with growing number of surgeries.
Moreover, according to Canadian Medical Association survey in 2017, growing availability of surgeons in the country is leading to significant increase in the number of surgical procedures and easy access for patients.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Canada blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada blood warmers market size, by product, 2018-2030 (US$M)
Canada Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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