North America Blood Warmer Market Size & Outlook
North America blood warmer market, 2018-2030 (US$M)
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North America blood warmer market highlights
- The North America blood warmer market generated a revenue of USD 465.4 million in 2023.
- The market is expected to grow at a CAGR of 8.5% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 465.4 million |
| Market revenue in 2030 | USD 825.6 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-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, North America region accounted for 40.8% 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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North America 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 57.43% in 2023. Horizon Databook has segmented the North America blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the blood/IV warmers market with the largest revenue share of 40.74% in 2021, owing to increase in the number surgical procedures/hospital visits, presence of well-established healthcare infrastructure, and favorable reimbursement & regulatory policies in healthcare sector.
According to Centers for Medicare and Medicaid Services (CMS), health spending in the U.S. is expected to grow at 5.5% every year from 2018 to 2027 and is estimated to reach USD 6 trillion by 2027. Ease of access to healthcare technologies and presence of strong distribution channels are also driving adoption of blood warmers in North America.
Moreover, rapid technological advancements and presence of major medical device companies, such as Stryker, Gentherm, Kimberly-Clark Corporation, and ICU Medical offering blood warmers, are among factors contributing to market growth in the region.
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Our clientele includes a mix of blood warmer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America blood warmer market , including forecasts for subscribers. This continent databook contains high-level insights into North America blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America blood warmers market size, by country, 2018-2030 (US$M)
North America Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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