Germany Blood Warmer Market Size & Outlook, 2023-2030
Germany blood warmer market, 2018-2030 (US$M)
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Germany blood warmer market highlights
- The Germany blood warmer market generated a revenue of USD 55.8 million in 2023 and is expected to reach USD 94.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.8% 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 55.8 million |
| Market revenue in 2030 | USD 94.1 million |
| Growth rate | 7.8% (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, Germany accounted for 4.9% 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 Europe, UK blood warmer market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 55.2 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 54.84% in 2023. Horizon Databook has segmented the Germany 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 well-established healthcare system in Germany, which includes trained staff & improved medical facilities and high adoption of technologically advanced products are among major factors fueling growth of blood warmers market. As per OECD, in 2017, Germany spent 11.3% of GDP on healthcare, which is estimated to reach 12.3% of GDP by 2030.
In addition, easy availability of numerous blood warmer products due to presence of major and local players in the country is responsible for market growth. Moreover, high insurance coverage ensures universal access to healthcare services in the country, which is expected to drive market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Germany blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany blood warmers market size, by product, 2018-2030 (US$M)
Germany Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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