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Global Patient Temperature Management Market: By Product: Patient Warming Systems, Patient Cooling Systems; By End Use: Operating Room, Neonatal ICU, Emergency Room, ICU, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Patient Temperature Management Market Outlook

The global patient temperature management market stood at a value of around USD 2.9 billion in 2020. The market is further expected to grow at a CAGR of 8.5% over the forecast period of 2021-2026.

 

Global Patient Temperature Management Market

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The industry is being driven by the growing prevalence of cardiovascular diseases and the rapid advancement in technology. The rising prevalence of cardiovascular diseases and cancer has encouraged the high demand for warming and cooling devices.

 

Properties and Applications

In order to protect patients from getting hypothermic, a continuous and effective patient warming is required to maintain their body temperature at normal levels (between 36.5º and 37.5º C) at all times. The global patient temperature management market can be divided based on segments like product and end-use.

 

Global Patient Temperature Management Market By End Use

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Based on its product types, the industry is divided into patient warming systems and patient cooling systems. The industry can be broadly categorised based on its end-use into:

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

The EMR report looks into the regional patient temperature management markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Patient Temperature Management Market By Region

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Market Analysis

The rise in the number of surgical procedures, the availability of technologically advanced products, and the increasing prevalence of cancer and cardiovascular diseases are the factors accelerating the growth of the patient temperature management industry globally. Patient warming systems, radiation therapy, and chemotherapy are used to prevent the drop in body temperature in cancer patients. In addition, the increasing incidences of heart attack and stroke are also considered as a significant growth driver for the market. During instances of stroke or heart attack, the body needs to be relatively cooler to increase the survival rate and enable normal brain functioning. However, the high cost of patient temperature management systems is the drawback that may affect the market growth in the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global patient temperature management market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Stryker Corporation
  • Zoll Medical Corporation
  • Medtronic
  • Bard Medical
  • Cincinnati Sub-Zero Products, LLC
  • 3M Company
  • Smiths Medical
  • Geratherm Medical Ag
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, End Use, Region
Breakup by Product Patient Warming Systems, Patient Cooling Systems
Breakup by End Use Operating Room, Neonatal ICU, Emergency Room, ICU, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Stryker Corporation, Zoll Medical Corporation, Medtronic, Bard Medical, Cincinnati Sub-Zero Products, LLC, 3M Company, Smiths Medical, Geratherm Medical Ag, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of The Study
    1.2    Key Findings of The Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis 
4    Global Patient Temperature Management Market 
    4.1    Global Patient Temperature Management Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Patient Temperature Management Market Breakup by Product 
        4.2.1    Patient Warming Systems
        4.2.2    Patient Cooling Systems
    4.3    Global Patient Temperature Management Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Patient Warming Systems 
        4.3.2    Patient Cooling Systems 
    4.4    Global Patient Temperature Management Market Breakup by End Use
        4.4.1    Operating Room
        4.4.2    Neonatal ICU
        4.4.3    Emergency Room
        4.4.4    ICU
        4.4.5    Others
    4.5    Global Patient Temperature Management Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    Operating Room
        4.5.2    Neonatal ICU
        4.5.3    Emergency Room
        4.5.4    ICU
        4.5.5    Others
    4.6    Global Patient Temperature Management Market Breakup by Region
        4.6.1    North America
            4.6.1.1    United States of America
            4.6.1.2    Canada
        4.6.2    Europe
            4.6.2.1    Germany
            4.6.2.2    United Kingdom
            4.6.2.3    France
            4.6.2.4    Italy
            4.6.2.5    Others
        4.6.3    Asia Pacific
            4.6.3.1    China
            4.6.3.2    Japan
            4.6.3.3    India
            4.6.3.4    ASEAN
            4.6.3.5    Others
        4.6.4    Latin America
            4.6.4.1    Brazil
            4.6.4.2    Argentina
            4.6.4.3    Mexico
            4.6.4.4   Others
        4.6.5    Middle East & Africa
            4.6.5.1    Saudi Arabia
            4.6.5.2    United Arab Emirates
            4.6.5.3    Nigeria
            4.6.5.4    South Africa
            4.6.5.5    Others
    4.7     Global Patient Temperature Management Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.7.1    North America
            4.7.1.1    United States of America
            4.7.1.2    Canada
        4.7.2    Europe
            4.7.2.1    Germany
            4.7.2.2    United Kingdom
            4.7.2.3    France
            4.7.2.4    Italy
            4.7.2.5    Others
        4.7.3    Asia Pacific
            4.7.3.1    China
            4.7.3.2    Japan
            4.7.3.3    India
            4.7.3.4    ASEAN
            4.7.3.5    Others
        4.7.4    Latin America
            4.7.4.1    Brazil
            4.7.4.2    Argentina
            4.7.4.3    Mexico
            4.7.4.4   Others
        4.7.5    Middle East & Africa
            4.7.5.1    Saudi Arabia
            4.7.5.2    United Arab Emirates
            4.7.5.3    Nigeria
            4.7.5.4    South Africa
            4.7.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree Of Rivalry
    6.6    Substitutes
7    Key Players & Company Profile Analysis 
    7.1    Stryker Corporation
    7.2    Zoll Medical Corporation
    7.3    Medtronic
    7.4    Bard Medical
    7.5    Cincinnati Sub-Zero Products, LLC
    7.6    3M Company
    7.7    Smiths Medical
    7.8    Geratherm Medical Ag
    7.9    Others
8    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global patient temperature management market attained a value of nearly USD 2.9 billion.

The market is projected to grow at a CAGR of 8.5% between 2021 and 2026.

The major drivers of the industry, such as the growing prevalence of cardiovascular diseases, the rapid advancement in technology, rise in the number of surgical procedures, and the availability of technologically advanced products, are expected to aid the market growth.

The key market trend guiding the industry growth includes the increasing incidences of heart attack and stroke.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major products of patient temperature management in the industry are patient warming systems and patient cooling systems.

The major end uses of the product in the market are operating room, neonatal ICU, emergency room, and ICU, among others.

The major players in the industry are Stryker Corporation, Zoll Medical Corporation, Medtronic, Bard Medical, Cincinnati Sub-Zero Products, LLC, 3M Company, Smiths Medical, and Geratherm Medical Ag, among others.

Analyst Review

The global patient temperature management market attained a value of USD 2.9 billion in 2020, driven by the rise in the number of surgical procedures. Aided by the increasing incidences of heart attack and stroke, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 8.5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the patient temperature management industry can be segmented into patient warming systems and patient cooling systems. On the basis of end uses, the industry can be categorised into operating room, neonatal ICU, emergency room, ICU, and others.  The major regional markets for patient temperature management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Stryker Corporation, Zoll Medical Corporation, Medtronic, Bard Medical, Cincinnati Sub-Zero Products, LLC, 3M Company, Smiths Medical, Geratherm Medical Ag, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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