Global Patient Warming Devices Market 2017-2021
About Patient Warming Devices
Patient warmers are medical devices used in healthcare facilities to warm blood products, colloids, and crystalloids prior to transfusion to a patient intravenously or by other parenteral routes or through surface warming to prevent complications. These fluid warmers can deliver blood and fluids at normal body temperature at different flow rates. This is often used in emergency, intensive care units, and operating rooms to prevent hypothermia in physically traumatized or surgical patients.
Technavio’s analysts forecast the global patient warming devices market to grow at a CAGR of 7.47% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global patient warming devices market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales/volume/value of medical disposable products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Patient Warming Devices Market 2017-2021
Technavio recognizes the following companies as the key players in the global patient warming devices market: Smiths Medical, 3M, Becton Dickinson, Stryker, EMIT, The 37Company, ZOLL Medical, and C.R. Bard.
Other Prominent Vendors in the market are: Thermal Angel, Cincinnati Sub-Zero Products, Inspiration Healthcare, STIHLER ELECTRONIC, Paragon Medical, LivaNova, Enthermics, İstanbul Medikal, and GE Healthcare.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is innovative business strategies for new product launches. Companies are focusing on developing advanced technologies that can increase market adoption. For instance, LEADER HEALTHCARE developed portable patient warming devices for large and medium-sized end-users (hospitals, clinics, and ASCs) and small-sized end-users (physicians’ offices). Since the product is portable, it also can be used in ambulance and home care settings, which has increased its sales. The heating is performed via flameless hydrocarbon combustion process fueled with an isobutane/propane mixture.”
According to the report, one of the major drivers for this market is increasing prevalence of hypothermia. Hypothermia is a potentially fatal, emergency situation that presents with symptoms such as confusion, loss of fine motor skills, and amnesia. Without adequate rewarming, continued heat loss can result in hypotension, impaired respiration, cardiac arrhythmia, and death. The common causes of hypothermia include medical conditions, exposure to extreme cold, age, and medical complications in physical trauma and in surgical patients.
Further, the report states that one of the major factors hindering the growth of this market is complications related to patient warming devices. The infusion of unwarmed or inadequately warmed intravenous fluids and blood can lead to complications like peripheral vasoconstriction, decreased tissue oxygen delivery, metabolic acidosis, coagulopathy, wound infection, and cardiac morbidity. During major transfusion of blood, these devices are used with a compression sleeve, which causes stress to the red blood cells and can lead to hemolysis, which can harm the patients. Air embolism is another complication and can lead to gasp, hypotension, arrhythmias, cardiovascular collapse, and death. The quantity of air and its rate of entry into the circulatory system is important to know the severity of the embolic event. These complications associated with blood and fluid warming devices will affect the brand image of companies in the market and lead to product recalls. This will lead to further financial loss for the company.
Smiths Medical, 3M, Becton Dickinson, Stryker, EMIT, The 37Company, ZOLL Medical, C.R. Bard, Thermal Angel, Cincinnati Sub-Zero Products, Inspiration Healthcare, STIHLER ELECTRONIC, Paragon Medical, LivaNova, Enthermics, İstanbul Medikal, and GE Healthcare.