I.V. Fluid Warmer Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2030

I.V. Fluid Warmer Market Overview

I.V. fluids are supplement fluids administered into the patient intravenously to maintain the fluid level and electrolyte balance in the body. These I.V. fluids are generally infused into the patient at room temperature but sometimes the patient may feel discomfort and shivering.

Hence, I.V. fluid warmer is used to elevate the fluid temperature to improve patient comfort. The I.V. fluid warmer is mainly used in case of hypothermia, a condition where increased heat loss in the body takes place.

Patients in critical care or post-operative care usually require I.V. fluid warmer with warm water circulating around I.V. fluid to regulate temperature. As per study conducted in Poland, prevalence of accidental hypothermia is expected to be around 5% per year.

Reduced hospital visits and delay in elective surgeries to slower growth of I.V. fluid warmer market with the increased spread of coronavirus. Manufacturing activities have been delayed and impacted the I.V. fluid warmer market due to Covid-19.

There has been observed disruption in supply chain activities due to restrictions on import and exports by several countries amid pandemic.

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Increased prevalence of hypothermia is expected to increase demand for I.V. fluid warmer market during the forecast period. The rise in the number of surgical procedures increases post-operative care and boost demand for I.V. fluid warmer market.

The growing geriatric population will propel the demand for I.V. fluid warmer market in the coming decade. Advancement in technology and increasing R&D investment for product development among leading industry players will drive the growth of I.V. fluid warmer market.

For instance, in March 2019, B. Braun Medical invested $1 billion to develop and commercialize I.V. fluids in the market. Increased cases of chronic disorders also lead to a rise in demand for I.V. fluid warmer market.

The rise in domestic players and the threat of new entrants is expected to hinder the I.V. fluid warmer market.

Surface warming method type warmer holds major revenue share of I.V. fluid warmer market. Based on application, acute care has a higher demand for I.V. fluid warmer market.

Whereas, neonatal and paediatric care is expected to observe a significant growth rate in I.V. fluid warmer market. Hospitals is the largest end-user of I.V. fluid warmer market with an increasing number of surgical procedures.

Homecare facilities will have increased demand during the forecast period in the I.V. fluid warmer market with a rise in geriatric population across the globe.

North America will continue to dominate the I.V. fluid warmer market during the forecast period with a rise in the number of surgical procedures requiring post-operative care in the region.

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The high rate of approval and commercialization boosts demand for I.V. fluid warmer market in North America. Europe is the second leading region in I.V. fluid warmer market with increasing geriatric population.

Asia-Pacific will observe an exponential rise in demand for I.V. fluid warmer market with an increased rate of hospitalization and high prevalence of chronic disorders in the region. Whereas, the Middle East and Africa will have the least growth I.V. fluid warmer market due to poor healthcare infrastructure and economic conditions in the region.

Some key players contributing to I.V. fluid warmer market are

  • Smiths Medical Inc.
  • The 3M Company
  • GE Healthcare
  • The 37 Company
  • Dickinson and Company
  • Stryker Corporation
  • Barkey GmbH & Co. KG
  • Stihler Electronic GmbH
  • Geratherm Medical AG Emit Corporation
  • Meridian Medical Systems
  • CareFusion
  • Keewell Medical Technology Co. Ltd.
  • Ace Medical
  • Vyaire Medical Inc.
  • Inspiration Healthcare Group plc

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Report on I.V. fluid warmer market highlights:

  • Shifting industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size
  • Recent industry trends
  • Key competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

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