Patient Temperature Management Market (By Product: Patient Warming Systems [Conventional Warming Systems, Surface Warming Systems, Intravascular Warming Systems], Patient Cooling Systems [Conventional Cooling Systems, Surface Cooling Systems, Intravascular Cooling Systems]; By Application: Surgery, Neurology, Pediatrics, Cardiology, Orthopedic Surgery, Others; By End Use: Emergency Room, Operating Room, Neonatal ICU, ICUs, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 190


According to Acumen Research and Consulting, the global patient temperature management market size is expected to reach US$ 7.8 billion by 2026 and will grow at a CAGR around 7.5 % throughout the forecast period.

The products for temperature management regulate and maintain normal body temperature of patients in retrieval fields, operational theatres, ICUs and other hospital regions. Temperature control products are gaining global momentum with increasing demand from hospitals and other healthcare establishments.

The report provides analysis of global Patient Temperature Management market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

Market Dynamics

Increased numbers of operations are one of the major variables affecting patient temperature management development in the industry.

There are a large number of operations worldwide. An estimated 500,000 coronary bypass procedures are conducted every year by the Texas Heart Institute. Anesthesia application in patients leads to low body temperature before any operation. Warming systems are therefore vital to prevent further intraoperative hypothermic conditions. Under these conditions The use of these technologies helps to reduce patient pain and pre-and post-operative complications.

The increased incidence of cardiovascular and cancer illnesses has motivated the strong demand for heating and refrigerating equipment. In instances of cancer, a fall in body temperature leads to the cancer cells multiplying in the body of the patient. Patient heating systems and radiation therapy and chemotherapy are used to combat this issue. Furthermore, an increased incidence of heart attacks and strokes is also seen as a major driver for market growth. In these cases, the body should be comparatively cooler to raise the survival rate and allow a normal functioning of the brain. In the light of fresh temperature control technologies, such as ground pads, blankets and head caps, technological advances have also expected to boost market demand.

A wider variety of surface warming and cooling technologies have been introduced which have further accelerated market growth, resulting in the increased requirement for contemporary temperature leadership. One of the key players in the market, for example 3 M, has created its variety of Bair Hugger products, which includes a whole variety of blankets, including specialty, body, complete body and others.

Nevertheless, some unfavorable US health industry reforms, combined with a number of significant product recalls, are expected to reduce market growth. The fast implementation of patient temperature management products or technologies will also continue to present costly IV systems as a long-term challenge. Top restrictions for producers and providers include price stress and intensive competitiveness.

Product Outlook

Due to the frequent use during surgery involving general anesthesia, patient warming devices dominated the market in 2018. General preoperative anesthesia reduces the body temperature of the patient. It is therefore necessaryto pre-warm the body of the patient before surgery, decreasing the danger of perioperative hypothermia. 3 M Company, for instance, introduced 3 M Bair Paws Hot Unit and 3 M Bair Paws Hot Kit.

Patient refrigeration systems are expected in the forecast period to demonstrate profitable growth. This is because the amount of cardiac operations and low temperature requirements for the removal of negative neurological results and associated brain injuries are increasing. Cold temperature is also necessary in the traumatic brain injury patients to minimize danger and improve survival rates in neurological adverse events.

Application Outlook

Operations had the biggest market share in 2018, among the application segment. This development is primarily supported by the growing amount of heart and gynecology operations. In pre-, post-und peri-operative operations, temperature management systems are also widely used. Moreover, these systems help solve the complications of the surgery site.

The segment of cardiology is projected to experience important development during the projected era as cardiovascular diseases are becoming more prevalent. In the US about 720,000 individuals suffer from a heart attack every year, according to The Heart Foundation. Cold temperature is required for cardiac diseases, such as heart attack and stroke, to eliminate the danger of traumatic brain injuries, thus creating strong demand for national cooling equipment.

End Use Stance

Operating space produced the biggest share of revenues in 2018 and is expected to grow profitably during the forecast period. Patients require a special temperature in the operating room during pre-, post-and perioperative operations, to eliminate surgical complications. For example, anesthesia patients require warming therapy before surgery, while cooling therapies are required in operating rooms during the course of heart surgery. Therefore, the demand for these products is anticipated to stay high as the amount of surgeries increases.

The neonatal ICU also had an important share of revenues in 2018, which can be ascribed to an increase in birth and early delivery, requiring enormous assistance with neonatal TMIs. In addition, premature infants are subjected to the cold temperature of the neonatal ICUs and are at danger of hypothermia. The patient warming facilities in neonatal ICUs are therefore kept warm.

Regional Stance

Due to the increased amount of cardiac operations and increased health care expenses in the USA, North America dominated the market in 2018. The nation also has a favourable patient reimbursement situation that requires temperature control equipment. In this region, patient temperature control products are therefore highly penetrated.

Asia Pacific is anticipated to grow profitably during the forecast period because the region's target population is faced with high growth chances of addressing the unmet requirements. The National Health Mission has indicated that between 2009-2010 and 2014-2015 there has been a ten-fold increase in the amount of operations in India.

Furthermore, based on the World Heart Federation, between 2010 and 2030 there is estimated an increase of 50% in China for cardiovascular illnesses such as stroke and ischemic heart illness. The development of this general regional market is also driven by the increasing amount of operations and road accidents in India.

Market Segmentation

Global Patient Temperature Management Market, By Product

  • 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 Market, By Application

  • Surgery
  • Neurology
  • Pediatrics
  • Cardiology
  • Orthopedic Surgery
  • Others

Global Patient Temperature Management Market, By End Use

  • Emergency Room
  • Operating Room
  • Neonatal ICU
  • ICUs
  • Others

Global Patient Temperature Management Market, By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

The market research study on “Patient Temperature Management Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Patient Temperature Management market segments with market dynamics and their impact. The report also covers basic technology development policies.

Key Players & Strategies

Some of the main players in the market are the Stryker Corporation, Inditherm Plc., Bard Medical, Inc., Medtronic, ZOLL Medical Corporation, and Atom Medical Corporation.

In order to meet the growing requirements of patients, significant businesses adopt measures like fusions and procurements, development of fresh products and geographic expansion. For example, ZOLL Medical Corporation announced in March 2016 the commercial launching of its Thermogard XP (TGXP) Temperature Management System (TMM) in Japan by its japanese subsidiary Asahi Kasei ZOLL Medical Corp. (PMDA) (Japan Pharmaceuticals and Medical Device Agency).

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