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.
Frequently Asked Questions (FAQ) :
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.
The size of the global market for Temperature Management is expected to reach US$ 3,548.4 Mn by 2030, expanding at a compound annual growth rate (CAGR) of 2.6%.
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.
Key Segment Of The Temperature Management Market
By Product Type, 2022-2030 (USD Million)
o Patient Warming Systems
• Conventional Warming Systems
• Surface Warming Systems
• Intravascular Warming Systems
o Patient Cooling Systems
• Conventional Cooling Systems
• Surface Cooling Systems
• Intravascular Cooling Systems
By Application, 2022-2030 (USD Million)
• General Surgery
By End User, 2022-2030 (USD Million)
• Ambulatory Surgical Center
• Specialty Clinics
Regional Overview, 2022-2030 (USD Million)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
Middle East and South Africa
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.
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.