Global Temperature Management Market Size 2018, By Product (Patient Warming Systems {Surface Warming Systems, Intravascular Warming Systems, Warming Accessories}, Patient Cooling Systems {Surface Cooling Systems, Intravascular Cooling Systems, Cooling Accessories}), By Application (General Surgery, Cardiology, Neurology, Pediatrics, Orthopedics, Others), By End-use (Operating Rooms, Emergency Care Settings, Neonatal Intensive Care Units, Intensive Care Units, Others), By Region and Forecast 2019 to 2025
Apr 2020
Total Pages: 100
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The global temperature management market was valued at USD 2,495.4 million in 2018. Rapid increase in prevalence of chronic diseases, launch of innovative temperature management systems, and large number of surgical procedures performed across the globe are the key factors driving the global temperature management market.
.png "Global Temperature Management Market, 2015-2025 (USD Million)")
Temperature management systems are commonly used to control and manage the body temperature of patients during surgical procedures. These systems lower the body temperature by cooling the body through therapeutic hypothermia and then maintain the body at the normal temperature. Temperature management systems are widely used in operating rooms, critical care units, emergency care, and neonatal care units. Increase in prevalence of cardiovascular diseases such as stroke or sudden cardiac arrest is a major factor anticipated to drive the demand for temperature management systems. Patient cooling systems are widely used to rapidly cool the body in order to reduce cell death and damage that occurs post acute ischemic events and stroke. These systems help to minimize or prevent injuries such as adverse neurological outcomes and enable normal functioning of the brain. However, high cost of intravascular temperature management systems is expected to hinder the growth of the market in the coming years.
The global temperature management market is categorized based on product, application, end-use, and region. Based on product, the temperature management market is segmented into patient warming systems and patient cooling systems. Patient warming systems segment held the largest share of the market in 2018 owing to wide adoption of surface temperature management in order to reduce the risk of hypothermia during surgical procedures. On the basis of end-use, neonatal intensive care units segment is expected to witness substantial growth over the forecast period. Geographically, North America dominated the global temperature management market in 2018, however, Asia Pacific is expected to be the fastest growing region by 2025.
Key players operating in the global temperature management market include Medtronic plc, Zoll Medical Corporation (Asahi Kasei), Becton, Dickinson and Company, 3M Company, Gentherm Incorporated, Stryker Corporation, Smiths Medical, the 37Company, Hirtz & Co. KG, Geratherm Medical AG, ATom Medical Corporation among others.
Key Segments of the Global Temperature Management Market
Product Overview, 2015-2025 (USD Million)
- Patient Warming Systems
- Surface Warming Systems
- Intravascular Warming Systems
- Warming Accessories
- Patient Cooling Systems
- Surface Cooling Systems
- Intravascular Cooling Systems
- Cooling Accessories
Application Overview, 2015-2025 (USD Million)
- General Surgery
- Cardiology
- Neurology
- Pediatrics
- Orthopedics
- Others
End-use Overview, 2015-2025 (USD Million)
- Operating Rooms
- Emergency Care Settings
- Neonatal Intensive Care Units (NICU)
- Intensive Care Units (ICU)
- Others
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Reasons for the study
- Rapid adoption of patient temperature management systems
- Increase in cardiac procedures across the globe
- Rapid technology advancements in temperature management industry
What does the report include?
- The study on the global temperature management market includes qualitative insights such as drivers, restraints, challenges and opportunities
- Additionally, the market has been evaluated using the Porter’s Five Forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, application, and end-use. Moreover, the study on temperature management market provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players operating in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global temperature management market is suitable for all the players across the value chain including raw material suppliers, hospitals, cardiac centers, medical device manufacturers, emergency care settings, critical care units, neonatal care units, healthcare organizations, distributors, and technology geeks
- Venture capitalists and investors looking for more information on the future outlook of the global temperature management market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global temperature management market
Temperature is one of the main vital signs during surgical procedures. Similarly, temperature management has been recognized as the standard of care therapy for many critically ill patients.
Conventional temperature management products, such as ice packs, warming and cooling blankets, gel pads were majorly adopted in the intensive care units, emergency care settings, burn centers and surgical departments. However, physicians recognize the limitations of conventional temperature management methods in that they are clinically inefficient, labor intensive and limit access to critically ill patients. Thus, there is need for modern temperature managements that are safe and effective for warming and cooling body temperature and control pre- and post-operative hypothermia. Thus, industry players launched the surface and intravascular temperature management systems that are safe and effective method for controlling core body temperature. Moreover, these systems are advantageous in achieving and maintaining target temperature during surgical procedures. Increase in incidences of cardiac diseases such as stroke, sudden cardiac arrest is likely to drive the demand for temperature management systems. Development of advanced temperature management systems by key industry players is anticipated to provide immense growth opportunities in the future.
The global temperature management market has been segmented based on product, application, end-use, and region. Based on product, the temperature management market is segmented into patient warming systems and patient cooling systems. Patient warming systems are further categorized into surface warming systems, intravascular warming systems, and warming accessories. Patient cooling systems are further segmented into surface cooling systems, intravascular cooling systems, and cooling accessories. Patient warming segment held majority of the market share in 2018. Patients undergoing general anesthesia before surgical procedures are at high risk of perioperative hypothermia. Thus, patient warming systems are required in order to lower the risk of perioperative hypothermia during surgical interventions. Moreover, wide adoption of patient warming systems in critical care and neonatal care is anticipated to drive the growth of the segment in the coming years.
Application-wise, the global temperature management market is categorized into general surgery, cardiology, neurology, orthopedics, pediatrics, and others. Cardiology segment held significant share of the market in 2018 owing to increase in incidences of cardiac disorders such as myocardial infarction, and sudden cardiac arrest. These diseases require lower body temperature to eliminate the risk of traumatic brain injuries. This, in turn, fuels the demand for patient cooling systems during cardiac surgeries.
On the basis of end-use, the global temperature management market is categorized into operating rooms, emergency care settings, neonatal intensive care units, intensive care units, and other facilities. Operating rooms segment dominated the global temperature management market in 2018 owing to wide adoption of temperature management systems in operation rooms for preventing intraoperative hypothermia conditions.
The global temperature management market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America held majority share of the global temperature management market in 2018, however Asia Pacific is expected to grow at a highest pace through 2025.
.png "Global Temperature management Market Share by Region (2019)")
Increase in volume of surgeries performed and launch of novel temperature management products, rapid rise in incidence of cardiovascular diseases along with high burden of sudden cardiac arrest in the U.S. are major factors attributable to its dominant position.
However, Asia Pacific is expected to grow at a rapid pace over the next few years. Increase in prevalence of cardiac disorders along with huge geriatric population has led to subsequent increase in the number of surgical procedures in the region. Moreover, growing adoption of temperature management systems in operating rooms in India and China is expected to drive the growth of the market in the future.
The global temperature management market was valued at USD 2,495.4 million in 2018. Rapid increase in prevalence of chronic diseases, launch of innovative temperature management systems, and large number of surgical procedures performed across the globe are the key factors driving the global temperature management market.
Temperature management systems are commonly used to control and manage the body temperature of patients during surgical procedures. These systems lower the body temperature by cooling the body through therapeutic hypothermia and then maintain the body at the normal temperature. Temperature management systems are widely used in operating rooms, critical care units, emergency care, and neonatal care units. Increase in prevalence of cardiovascular diseases such as stroke or sudden cardiac arrest is a major factor anticipated to drive the demand for temperature management systems. Patient cooling systems are widely used to rapidly cool the body in order to reduce cell death and damage that occurs post acute ischemic events and stroke. These systems help to minimize or prevent injuries such as adverse neurological outcomes and enable normal functioning of the brain. However, high cost of intravascular temperature management systems is expected to hinder the growth of the market in the coming years.
The global temperature management market is categorized based on product, application, end-use, and region. Based on product, the temperature management market is segmented into patient warming systems and patient cooling systems. Patient warming systems segment held the largest share of the market in 2018 owing to wide adoption of surface temperature management in order to reduce the risk of hypothermia during surgical procedures. On the basis of end-use, neonatal intensive care units segment is expected to witness substantial growth over the forecast period. Geographically, North America dominated the global temperature management market in 2018, however, Asia Pacific is expected to be the fastest growing region by 2025.
Key players operating in the global temperature management market include Medtronic plc, Zoll Medical Corporation (Asahi Kasei), Becton, Dickinson and Company, 3M Company, Gentherm Incorporated, Stryker Corporation, Smiths Medical, the 37Company, Hirtz & Co. KG, Geratherm Medical AG, ATom Medical Corporation among others.
Key Segments of the Global Temperature Management Market
Product Overview, 2015-2025 (USD Million)
- Patient Warming Systems
- Surface Warming Systems
- Intravascular Warming Systems
- Warming Accessories
- Patient Cooling Systems
- Surface Cooling Systems
- Intravascular Cooling Systems
- Cooling Accessories
Application Overview, 2015-2025 (USD Million)
- General Surgery
- Cardiology
- Neurology
- Pediatrics
- Orthopedics
- Others
End-use Overview, 2015-2025 (USD Million)
- Operating Rooms
- Emergency Care Settings
- Neonatal Intensive Care Units (NICU)
- Intensive Care Units (ICU)
- Others
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Reasons for the study
- Rapid adoption of patient temperature management systems
- Increase in cardiac procedures across the globe
- Rapid technology advancements in temperature management industry
What does the report include?
- The study on the global temperature management market includes qualitative insights such as drivers, restraints, challenges and opportunities
- Additionally, the market has been evaluated using the Porter’s Five Forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, application, and end-use. Moreover, the study on temperature management market provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players operating in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global temperature management market is suitable for all the players across the value chain including raw material suppliers, hospitals, cardiac centers, medical device manufacturers, emergency care settings, critical care units, neonatal care units, healthcare organizations, distributors, and technology geeks
- Venture capitalists and investors looking for more information on the future outlook of the global temperature management market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global temperature management market
1. Introduction
1.1. Introduction
1.2. Market Definition and Scope
1.3. Units, Currency, Conversions and Years Considered
1.4. Key Stakeholders
1.5. Key Questions Answered
2. Research Methodology
2.1. Introduction
2.2. Data Capture Sources
2.3. Market Size Estimation
2.4. Market Forecast
2.5. Data Triangulation
2.6. Assumptions and Limitations
3. Market Outlook
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. Porter’s Five Forces Analysis
4. Temperature Management Market by Product, 2015-2025 (USD Million)
4.1. Patient Warming Systems
4.1.1. Surface Warming Systems
4.1.2. Intravascular Warming Systems
4.1.3. Warming Accessories
4.2. Patient Cooling Systems
4.2.1. Surface Cooling Systems
4.2.2. Intravascular Cooling Systems
4.2.3. Cooling Accessories
5. Temperature Management Market by Application, 2015-2025 (USD Million)
5.1. General Surgery
5.2. Cardiology
5.3. Neurology
5.4. Orthopedics
5.5. Pediatrics
5.6. Others
6. Temperature Management Market by End-use, 2015-2025 (USD Million)
6.1. Operating Rooms
6.2. Emergency Care Settings
6.3. Neonatal Intensive Care Units (NICU)
6.4. Intensive Care Units (ICU)
6.5. Others
7. Temperature Management Market by Region 2015-2025 (USD Million)
7.1. North America
7.1.1. US
7.1.2. Canada
7.2. Europe
7.2.1. UK
7.2.2. Germany
7.2.3. France
7.2.4. Rest of Europe
7.3. Asia Pacific
7.3.1. China
7.3.2. Japan
7.3.3. India
7.3.4. Rest of APAC
7.4. Latin America
7.4.1. Brazil
7.4.2. Mexico
7.4.3. Rest of Latin America
7.5. Middle East & Africa
8. Competitive Landscape
8.1. Company Ranking
8.2. Market Share Analysis
8.3. Strategic Initiatives
8.3.1. Mergers & Acquisitions
8.3.2. New Product Launch
8.3.3. Investments
8.3.4. Expansion
8.3.5. Others
9. Company Profiles
9.1. Medtronic plc
9.1.1. Overview
9.1.2. Products Portfolio
9.1.3. Recent Initiatives
9.1.4. Company Financials
9.2. Zoll Medical Corporation (Asahi Kasei)
9.3. 3M
9.4. Gentherm Incorporated
9.5. Becton, Dickinson and Company
9.6. Stryker Corporation
9.7. Geratherm Medical AG
9.8. ATom Medical Corporation
9.9. Hirtz & Co. KG
9.10. The 37Company
9.11. Smiths Medical
10. Appendix
10.1. Primary Research Approach
10.1.1. Primary Interview Participants
10.1.2. Primary Interview Summary
10.2. Questionnaire
10.3. Related Reports
10.3.1. Published
10.3.2. Upcoming