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From 2024–2031, the worldwide market for biomedical warming and thawing devices is expected to expand from 2024’s $376 million to 2031’s $675 million, a compound annual growth rate (CAGR) of 9.76%. In 2023, the market was valued at $317.22 million.
The global market for biomedical warming and thawing devices has shown enormous growth and change in recent years. By allowing for the controlled thawing and warming of frozen biological samples, these devices facilitate a wide range of biomedical and life science applications, such as cell culture, IVF, drug development, and biobanking. Rising interest in regenerative medicine and biobanking studies is a key factor propelling the industry forward. There is a growing need for innovative and efficient methods of thawing and warming cryopreserved cells and tissues for transplantation as the field of regenerative medical medicine continues to expand.
Also relying on these devices to maintain sample integrity during retrieval are biobanks, which store a broad range of organic materials. The importance of these devices in the storage and delivery of vaccines, blood products, and diagnostic reagents has been brought to light by the COVID-19 pandemic, which has also contributed to their market expansion. Thanks to advancements in technology, new, automated warming and thawing equipment have been developed, allowing for a thawing process that is both more precise and faster. Researchers and doctors are drawn to these gadgets because of their user-friendly interfaces and configurable settings.
The expansion of blood banks and infusion centers, the increase in road accidents and trauma cases requiring blood transfusions, and the growth in adoption of in vitro fertilization are the main factors propelling the global biomedical warming and thawing devices market size. Depending on the results of testing, blood banks store cryopreserved products such as whole blood, red blood cells, platelets, and plasma for a specified length. Biomedical warming and thawing equipment for cryopreserved products are in high demand due to the increasing number of blood banks and blood infusion centers. Consequently, this is expected to drive the growth of the biomedical warming and thawing devices market. Additionally, blood banks and blood infusion centers are in high demand for warming and thawing devices due to the spike in blood donation.
Worldwide, the number of traffic accidents leading to serious bleeding is on the rise. Accidents are a major contributor to the health problems and deaths experienced by people in both developed and developing countries. Transfusions of cryopreserved red blood cells and other blood components are necessary for patients who have experienced severe bleeding as a result of their injuries in a traffic accident. We may thus expect the biomedical warming devices market to expand in response to the predicted uptick in traffic accidents. Furthermore, the demand for in-vitro fertilization is rising due to the increasing frequency of infertility in both males and females. Anxieties, poor lifestyle choices, delayed marriages, polycystic ovarian syndrome (PCOS) in women and premature ejaculation in men are among the many reasons of infertility. So, in order to conceive, infertile people turn to in-vitro fertilization and other forms of technology. The demand for cryopreserved embryos is rising due to the increase in the number of in-vitro fertilization procedures. The demand for biomedical warming and thawing devices for storage purposes is driven by this aspect, which in turn drives the market expansion.
One industry that has felt the effects of the COVID-19 pandemic is the biomedical warming and thawing product sector. The global economy has been hit hard by the SARS-CoV-2 outbreak, which has increased the illness burden and caused substantial economic harm in several nations. Financial hardships caused by the pandemic have affected many industries, but the healthcare industry has been hit the worst. Also, the non-COVID-19 medical profession has been neglected due to the global focus on producing life-saving medical equipment for healthcare workers and the large investment in COVID-19-related research. Because of this oversight, the company's research and development budget for biomedical warming and thawing equipment was cut, which had an effect on the company's bottom line.
An increasingly popular trend in the market for biomedical warming and thawing equipment is the use of automated thawing solutions. Thawing biological samples the traditional way, including in a water bath by hand, can be a laborious process fraught with the risk of sample contamination. Thawing blood products, cellular therapies, and frozen tissues is a breeze with automated thawing devices, which offer accuracy and efficiency. These devices typically have sophisticated temperature management and tracking capabilities, which guarantee that samples will remain intact. Labs and hospitals are trying to improve their pattern guidance processes and cut down on human error, which could lead to an increase in the need for automatic thawing solutions.
Report Coverage
Global Biomedical Warming and Thawing Devices research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biomedical Warming and Thawing Devices report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biomedical Warming and Thawing Devices competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biomedical Warming and Thawing Devices market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biomedical Warming and Thawing Devices market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biomedical Warming and Thawing Devices market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
FISHER SCIENTIFIC PTE LTD, CytoTherm, Cytiva, Helmer Scientific, BioLife Solutions, CARDINAL HEALTH, FreMon Scientific, Inc., Farrar Scientific , Sarstedt AG and Co. KG, KW APPARECCHI SCIENTIFICI, General Electric Company, Conroy Medical AB., BOEKEL SCIENTIFIC, ThawWorld Medical Ltd., Sartorius AG, Barkey gmbh and co. kg, Eppendorf
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Biomedical Warming and Thawing Devices market based on the below-mentioned segments:
Global Biomedical Warming and Thawing Devices Market, By Product
Manual
Automatic
Global Biomedical Warming and Thawing Devices market, By Sample Type
Blood Product
Stem cell
Embryo
Ovum
Others
Global Biomedical Warming and Thawing Devices Market, By End User
Hospitals and Diagnostic Laboratories
Biotechnology and Pharmaceutical Companies
Blood Banks and stem cell banks
Global Biomedical Warming and Thawing Devices market, Regional Analysis
The global market for biomedical warming and thawing devices has shown enormous growth and change in recent years. By allowing for the controlled thawing and warming of frozen biological samples, these devices facilitate a wide range of biomedical and life science applications, such as cell culture, IVF, drug development, and biobanking. Rising interest in regenerative medicine and biobanking studies is a key factor propelling the industry forward. There is a growing need for innovative and efficient methods of thawing and warming cryopreserved cells and tissues for transplantation as the field of regenerative medical medicine continues to expand.
Also relying on these devices to maintain sample integrity during retrieval are biobanks, which store a broad range of organic materials. The importance of these devices in the storage and delivery of vaccines, blood products, and diagnostic reagents has been brought to light by the COVID-19 pandemic, which has also contributed to their market expansion. Thanks to advancements in technology, new, automated warming and thawing equipment have been developed, allowing for a thawing process that is both more precise and faster. Researchers and doctors are drawn to these gadgets because of their user-friendly interfaces and configurable settings.
The expansion of blood banks and infusion centers, the increase in road accidents and trauma cases requiring blood transfusions, and the growth in adoption of in vitro fertilization are the main factors propelling the global biomedical warming and thawing devices market size. Depending on the results of testing, blood banks store cryopreserved products such as whole blood, red blood cells, platelets, and plasma for a specified length. Biomedical warming and thawing equipment for cryopreserved products are in high demand due to the increasing number of blood banks and blood infusion centers. Consequently, this is expected to drive the growth of the biomedical warming and thawing devices market. Additionally, blood banks and blood infusion centers are in high demand for warming and thawing devices due to the spike in blood donation.
Worldwide, the number of traffic accidents leading to serious bleeding is on the rise. Accidents are a major contributor to the health problems and deaths experienced by people in both developed and developing countries. Transfusions of cryopreserved red blood cells and other blood components are necessary for patients who have experienced severe bleeding as a result of their injuries in a traffic accident. We may thus expect the biomedical warming devices market to expand in response to the predicted uptick in traffic accidents. Furthermore, the demand for in-vitro fertilization is rising due to the increasing frequency of infertility in both males and females. Anxieties, poor lifestyle choices, delayed marriages, polycystic ovarian syndrome (PCOS) in women and premature ejaculation in men are among the many reasons of infertility. So, in order to conceive, infertile people turn to in-vitro fertilization and other forms of technology. The demand for cryopreserved embryos is rising due to the increase in the number of in-vitro fertilization procedures. The demand for biomedical warming and thawing devices for storage purposes is driven by this aspect, which in turn drives the market expansion.
One industry that has felt the effects of the COVID-19 pandemic is the biomedical warming and thawing product sector. The global economy has been hit hard by the SARS-CoV-2 outbreak, which has increased the illness burden and caused substantial economic harm in several nations. Financial hardships caused by the pandemic have affected many industries, but the healthcare industry has been hit the worst. Also, the non-COVID-19 medical profession has been neglected due to the global focus on producing life-saving medical equipment for healthcare workers and the large investment in COVID-19-related research. Because of this oversight, the company's research and development budget for biomedical warming and thawing equipment was cut, which had an effect on the company's bottom line.
An increasingly popular trend in the market for biomedical warming and thawing equipment is the use of automated thawing solutions. Thawing biological samples the traditional way, including in a water bath by hand, can be a laborious process fraught with the risk of sample contamination. Thawing blood products, cellular therapies, and frozen tissues is a breeze with automated thawing devices, which offer accuracy and efficiency. These devices typically have sophisticated temperature management and tracking capabilities, which guarantee that samples will remain intact. Labs and hospitals are trying to improve their pattern guidance processes and cut down on human error, which could lead to an increase in the need for automatic thawing solutions.
Report Coverage
Global Biomedical Warming and Thawing Devices research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biomedical Warming and Thawing Devices report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biomedical Warming and Thawing Devices competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biomedical Warming and Thawing Devices market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | FISHER SCIENTIFIC PTE LTD, CytoTherm, Cytiva, Helmer Scientific, BioLife Solutions, CARDINAL HEALTH, FreMon Scientific, Inc., Farrar Scientific , Sarstedt AG and Co. KG, KW APPARECCHI SCIENTIFICI, General Electric Company, Conroy Medical AB., BOEKEL SCIENTIFIC, ThawWorld Medical Ltd., Sartorius AG, Barkey gmbh and co. kg, Eppendorf |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Biomedical Warming and Thawing Devices Market from 2021 to 2031.
- Market Forecast for Biomedical Warming and Thawing Devices Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Biomedical Warming and Thawing Devices competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Biomedical Warming and Thawing Devices
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biomedical Warming and Thawing Devices market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biomedical Warming and Thawing Devices market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
FISHER SCIENTIFIC PTE LTD, CytoTherm, Cytiva, Helmer Scientific, BioLife Solutions, CARDINAL HEALTH, FreMon Scientific, Inc., Farrar Scientific , Sarstedt AG and Co. KG, KW APPARECCHI SCIENTIFICI, General Electric Company, Conroy Medical AB., BOEKEL SCIENTIFIC, ThawWorld Medical Ltd., Sartorius AG, Barkey gmbh and co. kg, Eppendorf
Primary Target Market
- Market Players of Biomedical Warming and Thawing Devices
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Biomedical Warming and Thawing Devices market based on the below-mentioned segments:
Global Biomedical Warming and Thawing Devices Market, By Product
Manual
Automatic
Global Biomedical Warming and Thawing Devices market, By Sample Type
Blood Product
Stem cell
Embryo
Ovum
Others
Global Biomedical Warming and Thawing Devices Market, By End User
Hospitals and Diagnostic Laboratories
Biotechnology and Pharmaceutical Companies
Blood Banks and stem cell banks
Global Biomedical Warming and Thawing Devices market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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