Blood Warmer Devices Market: A Deep Dive Into Factors that will Help Vendors Stay Ahead of Competitors - Technavio
Vendors are deploying organic and inorganic growth strategies to compete in the market
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- One of the key vendors operating in the blood warmer devices market is Barkey GmbH and Co. KG. The company offers ranger blood fluid warming unit, which is designed to provide warm fluid to patients during operation. The market also has the presence of a few other major players, such as Becton Dickinson and Co., BIEGLER GmbH, EMIT Corp., Estill Medical Technologies Inc., and Gentherm Inc.
The blood warmer devices market is fragmented. The market is highly competitive, with the presence of well-established vendors. The development and manufacturing of blood warmer devices are complex and cost-intensive. Hence, new players are not expected to enter the market easily.
Key strategies used by vendors to overcome the above challenges have been identified by Technavio. Vendors should heavily invest in innovative technologies for developing efficient and high-performance blood warmer devices for customers to stay ahead of their competitors.
Technavio's reports provide key strategic initiatives used by vendors, along with key news and the latest developments. View our FREE PDF Sample Report Now
The blood warmer devices market size is expected to grow by USD 366.99 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.54% during the forecast period.
Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Vendors in the blood warmer devices market can take advantage of a few factors that will work in their favor. The increasing prevalence of hypothermia is one of these factors. In the US, approximately 67% of hypothermia-related deaths are seen among males annually due to excessive natural cold. Blood warmer devices are used for reducing the risk of hypothermia that is associated with the infusion of cold blood products. Hypothermia can be caused by environmental exposure, the opening of body cavities, infusion of cold fluids and blood, and impaired thermos regulatory control. Blood warmer devices help in keeping the blood warm and maintain a normal temperature. Hence, the global blood warmer devices market is expected to witness high growth during the forecast period.
Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report
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Blood Warmer Devices Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.54% |
Market growth 2022-2026 | USD 366.99 million |
Market structure | Fragmented |
YoY growth (%) | 6.97 |
Regional analysis | North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution | North America at 42% |
Key consumer countries | US, Germany, UK, Japan, and China |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Barkey GmbH and Co. KG, Becton Dickinson and Co., BIEGLER GmbH, EMIT Corp., Estill Medical Technologies Inc., Gentherm Inc., ICU Medical Inc., LIFE WARMER, MEQU, SARSTEDT AG and Co. KG, Sino Medical Device Technology Co. Ltd., Smisson Cartledge Biomedical LLC, Stihler Electronic GmbH, Stryker Corp., The Surgical Co., Vyaire Medical Inc., 3M Co., and Belmont Medical Technologies |
Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Blankets and accessories - Market size and forecast 2021-2026
- Exhibit 28: Chart on Blankets and accessories - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Blankets and accessories - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Blankets and accessories - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Blankets and accessories - Year-over-year growth 2021-2026 (%)
- 5.4 Systems - Market size and forecast 2021-2026
- Exhibit 32: Chart on Systems - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Systems - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Systems - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Systems - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 Asia - Market size and forecast 2021-2026
- Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
- 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
- Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- 7.7 US - Market size and forecast 2021-2026
- Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.8 Germany - Market size and forecast 2021-2026
- Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.9 Japan - Market size and forecast 2021-2026
- Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Market opportunity by geography
- Exhibit 78: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 79: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 81: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 82: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 83: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 84: Matrix on vendor position and classification
- 10.3 3M Co.
- Exhibit 85: 3M Co. - Overview
- Exhibit 86: 3M Co. - Business segments
- Exhibit 87: 3M Co. - Key news
- Exhibit 88: 3M Co. - Key offerings
- Exhibit 89: 3M Co. - Segment focus
- 10.4 Barkey GmbH and Co. KG
- Exhibit 90: Barkey GmbH and Co. KG - Overview
- Exhibit 91: Barkey GmbH and Co. KG - Product / Service
- Exhibit 92: Barkey GmbH and Co. KG - Key offerings
- 10.5 Becton Dickinson and Co.
- Exhibit 93: Becton Dickinson and Co. - Overview
- Exhibit 94: Becton Dickinson and Co. - Business segments
- Exhibit 95: Becton Dickinson and Co. - Key news
- Exhibit 96: Becton Dickinson and Co. - Key offerings
- Exhibit 97: Becton Dickinson and Co. - Segment focus
- 10.6 Belmont Medical Technologies
- Exhibit 98: Belmont Medical Technologies - Overview
- Exhibit 99: Belmont Medical Technologies - Product / Service
- Exhibit 100: Belmont Medical Technologies - Key offerings
- 10.7 Estill Medical Technologies Inc.
- Exhibit 101: Estill Medical Technologies Inc. - Overview
- Exhibit 102: Estill Medical Technologies Inc. - Product / Service
- Exhibit 103: Estill Medical Technologies Inc. - Key offerings
- 10.8 Gentherm Inc.
- Exhibit 104: Gentherm Inc. - Overview
- Exhibit 105: Gentherm Inc. - Business segments
- Exhibit 106: Gentherm Inc. - Key news
- Exhibit 107: Gentherm Inc. - Key offerings
- Exhibit 108: Gentherm Inc. - Segment focus
- 10.9 ICU Medical Inc.
- Exhibit 109: ICU Medical Inc. - Overview
- Exhibit 110: ICU Medical Inc. - Product / Service
- Exhibit 111: ICU Medical Inc. - Key offerings
- 10.10 Sino Medical Device Technology Co. Ltd.
- Exhibit 112: Sino Medical Device Technology Co. Ltd. - Overview
- Exhibit 113: Sino Medical Device Technology Co. Ltd. - Product / Service
- Exhibit 114: Sino Medical Device Technology Co. Ltd. - Key offerings
- 10.11 Stryker Corp.
- Exhibit 115: Stryker Corp. - Overview
- Exhibit 116: Stryker Corp. - Business segments
- Exhibit 117: Stryker Corp. - Key news
- Exhibit 118: Stryker Corp. - Key offerings
- Exhibit 119: Stryker Corp. - Segment focus
- 10.12 Vyaire Medical Inc.
- Exhibit 120: Vyaire Medical Inc. - Overview
- Exhibit 121: Vyaire Medical Inc. - Product / Service
- Exhibit 122: Vyaire Medical Inc. - Key news
- Exhibit 123: Vyaire Medical Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 124: Inclusions checklist
- Exhibit 125: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 126: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 127: Research methodology
- Exhibit 128: Validation techniques employed for market sizing
- Exhibit 129: Information sources
- 11.5 List of abbreviations
- Exhibit 130: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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