South Africa Blood Warmer Market Size & Outlook, 2023-2030
South Africa blood warmer market, 2018-2030 (US$M)
Related Markets
South Africa blood warmer market highlights
- The South Africa blood warmer market generated a revenue of USD 10.9 million in 2023 and is expected to reach USD 18.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.7% 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 10.9 million |
| Market revenue in 2030 | USD 18.4 million |
| Growth rate | 7.7% (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, South Africa accounted for 1.0% 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 Middle East & Africa, Saudi Arabia blood warmer market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 38.3 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 56.88% in 2023. Horizon Databook has segmented the South Africa blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
Blood/IV warmers market in South Africa is anticipated to witness considerable growth over the forecast period. Increasing healthcare expenditure and rising adoption of advanced healthcare facilities are among major factors driving the market.
For instance, as per UNICEF Health Budget South Africa 2017/2018, the South African government allocated 13.5% of total government spending on healthcare programs. Such factors are expected to create growth opportunities for new and key players in South Africa market.
Moreover, as per IHME, ischemic heart disease was the second leading cause of death in the country in 2018, and the number of deaths is expected to further increase in the coming years, which is expected to lead to increase in rate of hospitalization & surgeries.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into South Africa blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa blood warmers market size, by product, 2018-2030 (US$M)
South Africa Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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