Global Patient Warming Devices Market 2017-2021

This market research study identifies Smiths Medical, 3M, Becton Dickinson, Stryker, EMIT, The 37Company, ZOLL Medical, and C.R. Bard as the leading players in the global patient warming devices market. A comprehensive analysis of this market is also presented by product (systems and surface warming devices and accessories), by end-user (hospitals, ASCs, and physicians' offices), and by geography (the Americas, APAC, and EMEA).

Global patient warming devices market outlook

According to patient warming devices industry analysis, the global patient warming devices market will grow at a CAGR of more than 7% during the forecast period. The increase in blood transfusion procedures will increase the patient warming devices market value from 2017 to 2021. The loss of blood caused by severe injuries drives the need for blood transfusion during emergency treatments and surgeries. To avoid any complications during blood transfusion, the temperature of the blood is brought to body temperature by using a fluid or blood warmer. CDC stated that during 2016, more than 250,000 heart bypass procedures were carried out using heating-cooling devices in the US. These blood and fluid warming devices are still gaining popularity in the market as they are used to prevent hypothermia during surgeries. The complication of hypothermia is prevented by warming the blood, colloids, or crystalloids during transfusion in traumatic injuries.

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In terms of geography, the Americas dominated the patient warming devices market during 2016 where the US was the largest revenue contributor. The increase in obstetric trauma incidents in countries such as the US and Canada drives the need for surface warming devices such as warming blankets and mattresses. These devices are also used by physicians during gynecology procedures to bring down the number of obstetric trauma incidents.

Competitive landscape and key vendors

The patient warming devices market is highly competitive due to the presence of well-established vendors. The manufacturers are increasingly focusing on the development of innovative products and high-quality products using advanced technology and are also concentrating on creating a strong brand image, which will help in increasing their market shares. To expand their product portfolio, companies are heavily investing in R&D activities and are also relying on mergers and acquisition strategies and technological innovations to enhance their customer base.

Key vendors in this market are 

• Smiths Medical
• 3M
• Becton Dickinson
• Stryker
• EMIT
• The 37Company
• ZOLL Medical
• C.R. Bard

Other prominent vendors in the market include Thermal Angel, Cincinnati Sub-Zero Products, Inspiration Healthcare, STIHLER ELECTRONIC, Paragon Medical, LivaNova, Enthermics, İstanbul Medikal, and GE Healthcare.

Segmentation by product and analysis of the patient warming devices market

• Systems
• Surface warming devices and accessories

The surface warming devices and accessories segment include blankets, mattress, and accessories and accounted for the maximum shares of the patient warming devices market during 2016. With the growing focus of several companies to form partnerships with government hospitals and services like NHS and National Institutes of Health, the sales of surface warming devices and accessories will increase in the coming years.

Segmentation by end user and analysis of the patient warming devices market

• Hospitals
• ASCs
• Physicians' offices

The ASCs contributed to the maximum shares of the patient warming devices market during 2016 as they offer a wide range of medical services and conduct surgical operations. They also provide emergency care and other treatment procedures in outpatient settings. This decreases the cost burden on patients by minimizing medical expenses and reducing the duration of hospital stay. ASCs also provide one-day care for complex surgeries such as cardiac surgeries, trauma care, spinal treatment, and neonatal care. According to this market research report, this segment will continue to dominate the market during the next four years as well.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global patient warming devices market?
• What are the key market trends impacting the growth of the global patient warming devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global patient warming devices market?
• What are the market opportunities and threats faced by the vendors in the global patient warming devices market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global patient warming devices market?

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