Biomedical Warming and Thawing Devices Market to Reach USD 376.7 Million, Globally, by 2031 at 9.1% CAGR: Allied Market Research
Growing number of blood banks and blood infusion centers, rise in the number of road accidents and trauma cases, increase in blood-related disorders, and surge in adoption of in-vitro fertilization drive the growth of the global biomedical warming and thawing devices market.
PORTLAND, Ore., Sept. 9, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Biomedical Warming and Thawing Devices Market by Product (Manual, Automatic), by Sample Type (Blood Product, Stem cell, Embryo, Ovum, Others), by End User (Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, Blood Banks and stem cell banks): Global Opportunity Analysis and Industry Forecast, 2022-2031." According to the report, the global biomedical warming and thawing devices industry generated $159.3 million in 2021, and is estimated to reach $376.7 million by 2031, witnessing a CAGR of 9.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Download Sample Report- https://www.alliedmarketresearch.com/request-sample/11250
Drivers and Opportunities
Growing number of blood banks and blood infusion centers, rise in the number of road accidents and trauma cases, increase in blood-related disorders, and surge in adoption of in-vitro fertilization fuel the growth of the global biomedical warming and thawing devices market. However, concerns regarding large batch sizes and strict regulatory guidelines relating to the use of cryopreserved and thawed biomedical products hinder the market growth. On the other hand, rise in the number of R&D activities, increase in use of biomedical warming and thawing devices in biotechnology and pharmaceutical companies, technological advancement in the healthcare sector, and rise in expenditure by government to develop healthcare infrastructure present new opportunities in the market.
Covid-19 Scenario
- The outbreak of the COVID-19 pandemic hampered the growth of the global biomedical warming and thawing devices market.
- Due to strict laws and lockdown rules, there were less road traffic accidents, reduced number of blood donation campaigns, and less number of in-vitro fertilization cases, which hindered the growth of biomedical warming and thawing device market.
- Conversely, with the pandemic receding, companies in the space began their operations at their full swing and the market is in the path of recovery.
Get detailed COVID-19 impact analysis on the Biomedical Warming and Thawing Devices Market- https://www.alliedmarketresearch.com/request-for-customization/11250?reqfor=covid
The automatic segment to dominate the market in terms of revenue during the forecast period
Based on product, the automatic segment contributed to the largest share of nearly three-fourths of the global biomedical warming and thawing devices market in 2021, and is expected to rule the roost during the forecast period. Moreover, the same segment is projected to witness the fastest CAGR of 9.3% from 2022 to 2031, owing to increase in the usage of automatic warming and thawing device for storage of cryopreserved items and the effectiveness of the devices to store them.
The blood product segment to maintain its lion's share during the forecast period
Based on sample type, the blood product segment held the largest share of more than two-fifths of the global biomedical warming and thawing devices market in 2021, and is expected to maintain a prominent growth during the forecast period. Moreover, the same segment is likely to exhibit the highest CAGR of 9.9% in 2031. This is due to increase in the blood donation activity, rise in the prevalence of blood disorders, and increase in the number of blood banks.
The biotechnology and pharmaceutical companies segment to maintain its lion's share during the forecast period
Based on end user, the biotechnology and pharmaceutical companies segment held the largest share of more than two-fifths of the global biomedical warming and thawing devices market in 2021, and is expected to maintain a noteworthy growth during the forecast period. Moreover, the same segment is likely to exhibit the highest CAGR of 9.4% in 2031. This is due to the rise in number of pharmaceutical companies and increase in initiatives taken by governments to develop the healthcare infrastructure.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/11250
Asia-Pacific to achieve the fastest growth by 2031
Based on region, Asia-Pacific is anticipated to manifest the fastest CAGR of 10.0% during the forecast period, 2022-2031, owing to increase in the activity of blood donation, rise in the number of blood banks and blood transfusion centers, and increase in expenditure by governments to develop the healthcare sector in the region. However, North America held the largest market share in 2021, accounting for more than one-third of the global biomedical warming and thawing devices market, and is likely to lead the trail throughout the forecast period, owing to the presence of key players and technological advancement in the healthcare sector in the region.
Leading Market Players
- Barkey GmbH & Co. Kg
- Boekel Scientific
- Cardinal Health
- Conroy Medical AB.
- Cytiva
- CytoTherm
- Eppendorf
- Farrar Scientific
- Fisher Scientific PTE LTD (Thermo Fisher Scientific)
- FreMon Scientific, Inc.
- GE Helmer Scientific
- KW Apparecchi Scientifici
- Sarstedt AG & Co. KG
- Sartorius AG
- Thaw World Medical Ltd
Official Press Release- https://www.alliedmarketresearch.com/press-release/biomedical-warming-and-thawing-devices-market.html
Similar Research Reports for Information, Communication and Technology:
Gas Chromatography Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Medical Electrodes Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
3D Cell Culture Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Neurovascular Devices Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
Share this article