The fluid warmer device is a medical device used in hospitals or healthcare facility centers for warming fluids, blood products, colloids to transfer it to the patient body to prevent hypothermia. As the fluid passes through the tube so, the device warms the tube and the liquid. The design of the tube varies the flow rate of fluid, volume, portability, and distance as they transfer from the device to the patient. The distance between the device and patients must be more significant to reach cooling fluid in the patient’s body to prevent them from a sudden break down of low body temperature.
The global fluid warmer device market projected to grow at a substantial rate in the forecast period from 2020-2027. Owing to increasing geriatric population, physical trauma, age rise in a surgical procedure in case of accidents and increasing trauma cases and demand for a donation of blood in medical treatment will also influence the market share for the fluid warmer device in the global market.
Moreover, lots of investments made in the R&D department for the installation of fluid warmer devices in healthcare centers as fluid warmers help in reducing complications. At the same time, blood transfusion in case of acute hypothermia or when a person gets exposure to cold temperature. Also, the strict international standards are implemented on the biological service to improve the medication to the patients. The rise in the advance technology is making people aware of the intravenous treatments and how fluid warmer helps in curing it.
Furthermore, according to the world bank, the death caused due to trauma is 8.69%, and 8.87% rate shows the increasing geriatric population, which has also fueled the demand for the fluid warmer devices. The death rate in infants caused due to hypothermia is highest among other cases. Therefore, with increasing awareness among the people and with advance medical treatment that helps in normalizing the body temperature of the patients are contributing differently.
Hypothermia caused due to sudden break down of the body temperature of the patients, which can cause death and led to the patient in a coma or cardiac arrest, and prolonged healing required. Earlier people have less awareness regarding hypothermia, but later, with government awareness and with improved medical facilities, the high adoption of the fluid warmer devices in the global market is making the market grow significantly.
The demand for the fluid warmer market has increased due to the advance technology and rising standard of living, disposable income, and increasing investment in R&D of medical equipment. The advance technology has created awareness and improved the medical structure and facilities for the patients. The advance fluid warmer devices have advance features like automatic temperature adjustment, flow rate adjustments, and alarm systems used in an emergency setting like operation theater will control the hypothermia.
Based on product, the global fluid warmer device market classified into Warming Device, Temperature Probe, Disposable Accessories. The disposable accessories segment is bolstering the global fluid warmer market in the forecast period from 2020-2027. Due to portability, easy to use, long-lasting, free from maintenance, can be set up within a few minutes, acoustics, and visible alarm mechanism to prevent the automatic power cut, over-temperature, cost-effective. Therefore, with multiple compelling features, the disposable accessories are expected to capture the highest market share in the global fluid warmer device market.
Based on End-users, the global fluid warmer device market classified into Hospitals, ASCs, Homecare settings, and Others. The hospital segment will be continuing to bolster the market demand in the future, with the requirement of the blood to protect the patients from the complications of hypothermia. Therefore, the hospital segment expected to boost due to an increase in trauma cases, road accidents, and infant mortality rates will fuel the demand for a fluid warmer device market.
Based on the application, the global fluid warmer device market segmented into Surgery, Homecare market, Acute care, Newborn Care, and Others. The surgery segment expected to dominate the market demand for the fluid warmer device market. Owing to the critical requirement of blood during operations will increase the adoption of fluid warmer devices.
Moreover, complications that occurred due to hypothermia in the geriatric population, fluid warmer required in case of road accidents will lead to fuel the demand for the fluid warmer devices. The advance technology in fluid warmers like automatic alarm setting, power cut control, temperature control will propel the application in the forecast period.
Based on geography, the global fluid warmer device market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North America region expected to dominate the fluid warmer device market in the forecast period from 2020-2027. As a result of advanced technology structure, increasing health care facilities, a rising number of vast cases of hypothermia, and other similar conditions will propel the market growth for the fluid warmer market. Moreover, with the advancement in the blood storage industry and rising cases of blood transfusions are also working accordingly to improve the global market of fluid warmer devices.
Companies such as 3M, General Electric, Smiths Group Plc, Stryker Corporation, Geratherm Medical, Belmont Instrument Corporation, Biegler GmbH, Barkey GmbH & Co. KG, Stihler Electric GmbH, Emit corporation, and others are the key players in the global fluid warmer device market.
|Market size value in 2020||USD 66.4 Million|
|Revenue forecast in 2027||USD 105 million|
|Growth Rate||CAGR of 5.94% from 2020 to 2027|
|Forecast period||2021 – 2027|
|Region covered||North America, Europe, Asia-Pacific, South America, and Middle East & Africa|
|Key companies Profiled||3M, General Electric, Barkey GmbH & Co. KG, Stihler Electric GmbH, |
Emit Corporation, Smiths Group Plc, Stryker Corporation, Geratherm Medical,
Belmont Instrument Corporation, Biegler GmbH, and others
By Product Type
The fluid warmer device is used in healthcare facilities centers for blood products, warming fluids, and colloids to the patient body to prevent hypothermia.
The Global Fluid Warmer Device Market’s size is valued at USD 66.4 Million in 2020 and will reach USD 105 million by 2027.
The growth rate of the Fluid Warmer Device Market is 5.9% during the forecast period.
Hospitals, ASCs, Homecare settings are the end-users of the Fluid Warmer Device Market products.
3M, General Electric, Barkey GmbH & Co. KG, Stihler Electric GmbH, Emit Corporation, Smiths Group Plc, Stryker Corporation, Geratherm Medical, Belmont Instrument Corporation, Biegler GmbH, and others are the key players in the global fluid warmer device market.