PATIENT TEMPERATURE MANAGEMENT SYSTEMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

Temperature is one of the vital signs signifying the well-being of a person, for which the medical society recommends monitoring and management as a part of standard care therapy for patients undergoing surgery due to critical illness. Patient temperature management systems are used in preoperative warming, operating and surgery rooms, post-operating warming, critical care units, intensive care units, chemotherapy, and emergency medical services. Increasing product approvals by regulatory authorities are one of the key factors augmenting the market growth.

Market Dynamics

The global patient temperature management systems market is projected to witness significant growth over the forecast period, owing to increasing inorganic activities such as agreements by market players and new entrants in the patient temperature management systems market. For instance, on August 16, 2021, RenalSense, an Israel-based company specializing in real-time renal diagnostics, had announced a distribution agreement with Gloryway, a leading distributor of medical devices for anesthesia, airway management, temperature management, and patient monitoring in Mainland China. Gloryway will manufacture and market RenalSense's Clarity RMS critical care monitoring system to hospitals throughout Mainland China.

Furthermore, According to the factsheet Heart Disease and Stroke Statistic 2019 from the Centers for Disease Control and Prevention (CDC), 18.2 million adults in the U.S. currently have or have previously had a form of cardiovascular disease or a stroke. This high patient population undergoes cardiac surgery and has a high adoption rate for cutting-edge products. Nearly 805,000 Americans have experienced a heart attack.

Key features of the study:

• This report provides an in-depth analysis of the global patient temperature management systems market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global patient temperature management systems market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include 3M Company, Cincinnati Sub-Zero Products, LLC, C.R. Bard, Inc., Zoll Medical Corporation, Smith Medicals, Stryker Corporation, Medtronic plc, Ecolab and The Surgical Company
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global patient temperature management systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global patient temperature management systems market

Detailed Segmentation:

• Global Patient Temperature Management Systems Market, By Product Type:
  • Patient Warming Systems
    • Conventional Warming Systems
    • Surface Warming Systems
    • Intravascular Warming Systems
  • Patient Cooling Systems
    • Conventional Cooling Systems
    • Surface Cooling Systems
    • Intravascular Cooling Systems
• Global Patient Temperature Management Systems Market, By Application:
  • General Surgery
  • Cardiology
  • Neurology
  • Pediatrics
  • Others
• Global Patient Temperature Management Systems Market, By End User:
  • Hospitals
  • Ambulatory Surgical Center
  • Specialty Clinics
  • Others
• Global Patient Temperature Management Systems Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • 3M Company*
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Cincinnati Sub-Zero Products, LLC
  • R. Bard, Inc.
  • Zoll Medical Corporation
  • Smith Medicals
  • Stryker Corporation
  • Medtronic plc
  • Ecolab
  • The Surgical Company

 “*” marked represents similar segmentation in other categories in the respective section.