Research study projects the market to grow at 5% CAGR and surpass US$ 223 million by the end of the forecast period.
Albany, NY -- (SBWIRE) -- 05/01/2018 -- A new research study titled, "Blood Warmer Devices Market: Global Industry Analysis 2012 - 2016 & Opportunity Assessment 2017 – 2026" has been added to the vast repository of Market Research Reports Search Engine (MRRSE). According to the research study, the global blood warmer devices market is likely to grow at a steady CAGR during the assessment period. The research study projects the market to grow at 5% CAGR and surpass US$ 223 million by the end of the forecast period.
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The research study offers detailed analysis and insights on the global blood warmer devices market. An in-depth analysis on the drivers, restraints, opportunities, and threats has been included in the research study. The key players in the market have been profiled in detail, and an analysis on their product and business strategies has been offered for the perusal of the readers.
According to the report, growing emphasis on boosting the healthcare apparatus in developing countries is one of the key factors that has provided an impetus to the global blood warmer devices market. Many emerging countries around the globe are focusing on boosting their healthcare infrastructure. As a rising middle class increases the demand for quality healthcare services, governments and private clinics have been hard pressed to improve their offerings.
According to the report, growing awareness on the health impact of hypothermia, and the need for effective methods to counter it is one of the key factors driving the growth of the market. Increase in the number of surgeries, combined with advancements in the development of blood warmer devices has also increased their receptiveness. Sensing the needs of end-users, manufacturers are developing portable and light-weight blood warming devices. Also, increase in the number of blood transfusion processes and surgeries around the globe is also likely to provide an impetus to market growth.
Browse Full Report with Table of Content, List of Table and Figures – https://www.mrrse.com/blood-warmer-devices-market
The research study offers an in-depth analysis and forecast on the key factors driving the growth of the blood warmer devices market. According to the research study, the key product type segments in the market include intravenous warming systems, blood warming accessories, and surface warming systems. Among these, demand for surface warming systems is likely to witness steady growth during the assessment period, and this product type segment is likely to surpass US$ 100 million in revenues by the end of the forecast period.
By end user, hospitals are likely to be the most dominant end-user, and are likely to account for over 75% revenue share of the market. By application, blood warming devices are likely to find the largest application in the segment of preoperative care. North America is likely to remain the largest market for blood warmer devices, whereas growth is likely to be impressive in Asia Pacific.
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