According to FutureWise analysis the market for biomedical warming and thawing devices in 2023 is US$ 0.23 billion, and is expected to reach US$ 0.45 billion by 2031 at a CAGR of 8.70%.
In the biomedical business, thawing machines are generally used for defrosting blood, tissues, cells, and other biologics samples. Cryopreservation is the process of lowering the temperature to a lower level, usually below freezing, in order to preserve cells and tissues efficiently and safely. As a result, defrosting these biological products for use becomes a must, and biomedical warming and thawing devices play a key role in this situation by assisting in the warming and defrosting of cryopreserved products. They also limit the chance of cryopreservative chemicals damaging these items, as prolonged exposure to such chemicals can harm the living cells and other components of preserved products. Biomedical warming and thawing devices are critical for reducing cryopreservative agent exposure on preserved cells, preserving their efficiency and viability for use in therapies and research and development.
Furthermore, these devices have a wide range of applications in the pharmaceutical and biotechnology fields for various research and studies, as well as tissue culturing and animal and plant engineering. The increasing patient pool requiring admissions in medical emergency departments, the rise in the number of road accidents and trauma incidences resulting in the need for blood transfusions, and technological developments in healthcare services owing to extensive R D activities are all driving the point of care ultrasound market. Infertility rates are rising for a variety of causes, which will increase demand for artificial insemination and in-vitro fertilisation, boosting market growth. There has been a considerable increase in demand for warming and thawing devices in the market as the adoption rate of these devices in the biologics and pharmaceutical industries has increased for research linked to plant and animal tissue culture, among other applications. In addition, the use of thawing technologies to defrost cryopreserved cells and tissues will boost market growth.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Biomedical Warming and Thawing Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Biomedical Warming and Thawing Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.