Blood Warmers Global Market Report 2024: A $1.74 Billion Market by 2028, Registering a 8.5% CAGR [Yahoo! Finance]
ICU Medical, Inc. (ICUI)
Last icu medical, inc. earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
The global blood warmers market, vital for improving patient care and surgical outcomes, is experiencing a significant upswing according to a newly published research report. This comprehensive analysis captures the burgeoning market, which is projected to swell from $1.15 billion in 2023 to an anticipated $1.26 billion in 2024, marking a remarkable CAGR of 9.3%. With surgical procedures and trauma cases on the rise, the demand for blood warmers intensifies. These devices are essential for preventing hypothermia during surgeries, especially with the notable increase of 54% in surgical interventions in 2021 alone. The report highlights factors such as technological advancements, increased use in military operations, and the expanding role of blood warmers in obstetrics and neonatal care, which are collectively catalyzing the market's expansion. Forecasting ahead, the market is set to reach $1.74 billion by 2028, at an 8.5% CAGR. Key growth accelerators include burgeoning demand in
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ICUI
Earnings
- 2/27/24 - Beat
ICUI
Sec Filings
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- 4/2/24 - Form DEF
- ICUI's page on the SEC website