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Medical Warming Cabinets Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 308 | Report ID: MRS1152


Report Description

The global Medical Warming Cabinets market size is estimated at USD 1,230.6 million in 2020, expanding at a CAGR 6.8% from 2021-2027 to reach 2,200.5 million USD in 2027.

Market Dynamics

Medical Warming Cabinets are designed to store and reheat sterile intravenous and surgery irrigation fluids, blankets, and hospital linen. Each cabinet features heating and consistent heat distribution that is pressed on by a focused fan. The medical warming cabinet incorporates magnetic door gaskets and adequate insulation to prevent energy losses and heat loss.

Temperature thermostats regulate the temperature of medical warming cabinets while also protecting the device from causing damage to the healthcare warming cabinets. Medical warming cabinets are an essential feature to any medical facility and are also beneficial to the institution.

The increasing prevalence of hospitalizations due to COVID-19, the rising frequency of chronic wounds internationally, and the rising number of surgeries are anticipated to propel the market over the projected period. One of the major reasons driving market expansion is the rising prevalence of HAIs due to a lack of cleanliness and precaution. According to the CDC, approximately one in every twenty-five hospital patients acquires at least a HAI each year.

The rising frequency of chronic illnesses has resulted in a large increase in hospital admission rates. One of the most important necessities in hospitals and clinics is a constant supply of blanket and sterilized fluids. Thus, in such instances, medical warming cabinets serve the goal well, as they lower the danger of spreading infection among patients while also assisting in the maintenance of patient comfort. Furthermore, giving patients with comfy and warm blankets might assist with their worry and anxiousness. As a result, the rising incidence of chronic illnesses is likely to have a favorable influence on the market throughout the forecast period.

Regional Insights

Geographically, North America is expected to have a large market share in the Medical Warming Cabinet market during the projected period due to its well-developed healthcare infrastructure. Europe is expected to be the second-largest area in the newborn incubator market, owing to the increased consciousness of Medical Warming Cabinets amongst individuals and health professionals, which has fueled the Medical Warming Cabinets market.

Segment Insights

The Medical Warming Cabinets market is classified into three categories: Module, Installation, and End User. The market for Medical Warming Cabinets is divided into three segments: module, installation, and end user. In 2020, the hospital sector led the market and accounted for a sizable portion of worldwide sales. The expansion of this sector may be linked to an increase in surgical operations worldwide as well as an increase in the frequency of traffic accidents that necessitate the use of IV solutions and fluids. Moreover, the introduction of technologically sophisticated warming cabinet goods, as well as a rise in the number of chronic illnesses and infectious diseases, will boost market growth throughout the projection period. Furthermore, healthcare institutions are seen as significant customers of warming cabinets with long-term contracts, which increases providers' negotiation strength and creates a market.

Competitive Insights

The Medical Warming Cabinets market is fragmented, with both domestic and foreign players competing. Large firms participate in essential mergers and acquisitions, partnerships, and new product launches to remain competitive. Continental Metal Products, Inc., for example, will offer Small Pass Through Chamber USP 800 Healthcare Pharmacy in April 2020, suitable for non-sterile and clean cleanrooms. This device is tiny and lightweight, making it perfect for use in operating rooms, pharmacies, labs, sterile processing departments in hospitals, ambulatory surgical centers, and other cleanroom environments.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Medical Warming Cabinetss  by End User, Module, region, and Installation. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • Ulrich medical
  • Thomas EMS
  • Steris
  • Steelco
  • Skytron Corporation
  • Shenzhen Bestman Instrument
  • Scientek Technology
  • QED Scientific
  • Pedigo
  • Nor-Lake
  • Natus Medical
  • Medline Industries
  • Mac Medical
  • Enthermics Medical
  • DRE Medical
  • David Scott
  • Burlodge
  • Bryton
  • Barkey

Module Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • 1-Module
  • 2-Module

Installation (Market Size & Forecast, Main Consumer Analysis etc.):

  • Tabletop
  • Freestanding
  • Recessed
  • Pass-through models

End User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Diagnostic Centers
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Medical Warming Cabinets market size is estimated at USD 1,230.6 million in 2020, expanding at a CAGR 6.8% from 2021-2027 to reach 2,200.5 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Medical Warming Cabinets market size is expanding at a CAGR 6.8% from 2021-2027 to reach 2,200.5 million USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The Medical Warming Cabinets market is fragmented, with both domestic and foreign players competing. Large firms participate in essential mergers and acquisitions, partnerships, and new product launches to remain competitive. Continental Metal Products, Inc., for example, will offer Small Pass Through Chamber USP 800 Healthcare Pharmacy in April 2020, suitable for non-sterile and clean cleanrooms. This device is tiny and lightweight, making it perfect for use in operating rooms, pharmacies, labs, sterile processing departments in hospitals, ambulatory surgical centers, and other cleanroom environments.

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