Market Overview:
The global IV fluid warmer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in IV fluid warmers. Based on type, the global IV fluid warmer market is segmented into surface warming method and intravenous warming method. The surface warming method segment is further sub-segmented into air-warming method and water-warming method. The intravenous warming method segment is further sub-segmented into passive heating system and active heating system. Based on application, the global IV fluid warmer market is divided into hospitals, speciality clinics, long term care centres, homecare facilities, ambulatory surgical centres (ASCs), and other applications such as research institutes and veterinary clinics. Geographically speaking, North America dominates the global IV fluid warmer market followed by Europe due to rising geriatric population in these regions coupled with increasing prevalence of chronic diseases such as cancer and diabetes mellitus that require infusion therapy or blood transfusion procedures which leads to an increase in demand forIV fluids warmers .
Product Definition:
An IV fluid warmer is a device that is used to warm intravenous fluids before they are administered to a patient. This is important because it helps to ensure that the fluids are at a comfortable temperature for the patient. It can also help to prevent any adverse reactions that may occur if the fluids are given at too cold or too hot of a temperature.
Surface Warming Method:
The surface warming method is used to warm the IV fluid in a insulated container at or near room temperature. The IV fluids that are allowed to stand at room temperature may form ice crystals which could break down cell walls and cause the fluid to expand, resulting in inaccurate measurements. Therefore, it is important that the IV fluids be kept warm so as to maintain their accurate temperatures.
Intravenous Warming Method:
Intravenous warming method is used to increase the temperature of intravenous fluids. It helps in increasing the IV fluid temperature which is helpful for patients who are at risk of hypothermia. The intra venous warming system market has witnessed significant growth over the past few years owing to its rising demand among healthcare professionals and consumers.
Application Insights:
The market is segmented by application into hospitals, specialty clinics, long-term care centers, homecare facilities and ambulatory surgical centers. The hospitals segment dominated the global IV fluid warmer market in 2017 owing to factors such as increasing healthcare spending and a growing geriatric population. In addition, an increase in the number of hospital-acquired infections due to improper hygiene is expected to drive demand for advanced products over the forecast period.
IV fluids are used for hydration purposes during medical procedures including dialysis and chemotherapy administration. These liquids help remove toxins from patients' bodies through their kidneys or liver which helps improve their health condition before they undergo another procedure or start medication respectively. Thus, rising usage of IV fluids during medical procedures across various specialities is anticipated to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced technologies coupled with relatively higher per capita income and spending on healthcare in this region are some factors that can be attributed to its large share. Furthermore, increasing demand for minimally invasive surgeries is also expected to drive the IV warms market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as India and China. In addition, rapidly growing medical device industry due to lower manufacturing cost coupled with favorable government policies aimed at promoting domestic production may also contribute towards increased demand for these devices within Asia Pacific region thereby driving its overall revenue over the next eight years.
Growth Factors:
- Increasing incidence of chronic diseases such as cancer, diabetes, and respiratory disorders is expected to drive the demand for IV fluid warmers over the forecast period.
- Rising geriatric population is also anticipated to boost the market growth owing to their increased vulnerability to various health conditions that require use of IV fluids.
- Technological advancements in medical devices are projected to provide lucrative opportunities for market players over the next few years. For instance, introduction of portable and wireless-enabled IV fluid warmers has revolutionized its usage in hospitals and ambulances settings.
- Growing awareness about benefits associated with using IV fluid warmers is likely to propel demand in near future. This includes prevention of hypothermia which can lead serious health complications in patients receiving intravenous treatments or medications.. 5) Stringent regulatory framework pertaining medical devices is anticipated to hamper growth prospects of global IV fluid warmer market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
IV Fluid Warmer Market Research Report
By Type
Surface Warming Method, Intravenous Warming Method
By Application
Hospitals, Speciality Clinics, Long Term Care Centres, Homecare Facilities, Ambulatory Surgical Centres
By Companies
Smiths Medical, 3M, GE Healthcare, The 37 Company, Becton, Dickinson and Company, Stryker Corporation, Barkey GmbH, Stihler Electronic GmbH, Meridian Medical Systems, CareFusion, Keewell Medical Technology, Ace Medical, Vyaire Medical, Inspiration Healthcare Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global IV Fluid Warmer Market Report Segments:
The global IV Fluid Warmer market is segmented on the basis of:
Types
Surface Warming Method, Intravenous Warming Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Speciality Clinics, Long Term Care Centres, Homecare Facilities, Ambulatory Surgical Centres
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smiths Medical
- 3M
- GE Healthcare
- The 37 Company
- Becton, Dickinson and Company
- Stryker Corporation
- Barkey GmbH
- Stihler Electronic GmbH
- Meridian Medical Systems
- CareFusion
- Keewell Medical Technology
- Ace Medical
- Vyaire Medical
- Inspiration Healthcare Group
Highlights of The IV Fluid Warmer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surface Warming Method
- Intravenous Warming Method
- By Application:
- Hospitals
- Speciality Clinics
- Long Term Care Centres
- Homecare Facilities
- Ambulatory Surgical Centres
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IV Fluid Warmer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An IV fluid warmer is a medical device that warms fluids such as saline or blood. It is used to keep these fluids at a comfortable temperature for patients who are unable to tolerate cold temperatures.
Some of the major companies in the iv fluid warmer market are Smiths Medical, 3M, GE Healthcare, The 37 Company, Becton, Dickinson and Company, Stryker Corporation, Barkey GmbH, Stihler Electronic GmbH, Meridian Medical Systems, CareFusion, Keewell Medical Technology, Ace Medical, Vyaire Medical, Inspiration Healthcare Group.
The iv fluid warmer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IV Fluid Warmer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IV Fluid Warmer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IV Fluid Warmer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IV Fluid Warmer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IV Fluid Warmer Market Size & Forecast, 2018-2028
4.5.1 IV Fluid Warmer Market Size and Y-o-Y Growth
4.5.2 IV Fluid Warmer Market Absolute $ Opportunity
Chapter 5 Global IV Fluid Warmer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IV Fluid Warmer Market Size Forecast by Type
5.2.1 Surface Warming Method
5.2.2 Intravenous Warming Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IV Fluid Warmer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IV Fluid Warmer Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Speciality Clinics
6.2.3 Long Term Care Centres
6.2.4 Homecare Facilities
6.2.5 Ambulatory Surgical Centres
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IV Fluid Warmer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IV Fluid Warmer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IV Fluid Warmer Analysis and Forecast
9.1 Introduction
9.2 North America IV Fluid Warmer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IV Fluid Warmer Market Size Forecast by Type
9.6.1 Surface Warming Method
9.6.2 Intravenous Warming Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IV Fluid Warmer Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Speciality Clinics
9.10.3 Long Term Care Centres
9.10.4 Homecare Facilities
9.10.5 Ambulatory Surgical Centres
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IV Fluid Warmer Analysis and Forecast
10.1 Introduction
10.2 Europe IV Fluid Warmer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IV Fluid Warmer Market Size Forecast by Type
10.6.1 Surface Warming Method
10.6.2 Intravenous Warming Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IV Fluid Warmer Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Speciality Clinics
10.10.3 Long Term Care Centres
10.10.4 Homecare Facilities
10.10.5 Ambulatory Surgical Centres
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IV Fluid Warmer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IV Fluid Warmer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IV Fluid Warmer Market Size Forecast by Type
11.6.1 Surface Warming Method
11.6.2 Intravenous Warming Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IV Fluid Warmer Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Speciality Clinics
11.10.3 Long Term Care Centres
11.10.4 Homecare Facilities
11.10.5 Ambulatory Surgical Centres
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IV Fluid Warmer Analysis and Forecast
12.1 Introduction
12.2 Latin America IV Fluid Warmer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IV Fluid Warmer Market Size Forecast by Type
12.6.1 Surface Warming Method
12.6.2 Intravenous Warming Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IV Fluid Warmer Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Speciality Clinics
12.10.3 Long Term Care Centres
12.10.4 Homecare Facilities
12.10.5 Ambulatory Surgical Centres
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IV Fluid Warmer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IV Fluid Warmer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IV Fluid Warmer Market Size Forecast by Type
13.6.1 Surface Warming Method
13.6.2 Intravenous Warming Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IV Fluid Warmer Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Speciality Clinics
13.10.3 Long Term Care Centres
13.10.4 Homecare Facilities
13.10.5 Ambulatory Surgical Centres
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IV Fluid Warmer Market: Competitive Dashboard
14.2 Global IV Fluid Warmer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smiths Medical
14.3.2 3M
14.3.3 GE Healthcare
14.3.4 The 37 Company
14.3.5 Becton, Dickinson and Company
14.3.6 Stryker Corporation
14.3.7 Barkey GmbH
14.3.8 Stihler Electronic GmbH
14.3.9 Meridian Medical Systems
14.3.10 CareFusion
14.3.11 Keewell Medical Technology
14.3.12 Ace Medical
14.3.13 Vyaire Medical
14.3.14 Inspiration Healthcare Group
