Global Temperature Management Market

Global Temperature Management Market by Product Type (Patient Warming Systems (Surface Warming Systems, Intravascular Warming Systems and Warming Accessories) and Patient Cooling Systems (Surface Cooling Systems, Intravascular Cooling Systems, and Cooling Accessories)),By Application(General Surgery, Cardiology, Neurology, Pediatrics, Thoracic Surgery, Orthopedic Surgery and Others), By End-User (ICU, Emergency Rooms, Operating Rooms, Neonatal ICU and Others),and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa), Forecasts, 2020 To 2027

Global Temperature Management Market Overview:

Temperature Management helps medical staff improve the daily treatment results of patients in different environments through rapid infusion, blood routine, fluid warming, flushing warming, temperature monitoring, and convection warming. It provides solutions to manage the patient’s temperature with warming and cooling methods. Temperature management help in the effective and efficient processing of the patient’s core temperature. The target temperature and rate of change in temperature in the system will control the temperature of the salt flowing through the catheter. This device can be connected to a personal computer to download patient files.

Global Temperature Management Market Insights

Global Temperature Management Market likely to grow with a substantial rate during the forecast period, 2020-2027. The rise in the number of incidences of chronic conditions across the world, coupled with the increase in the number of surgical procedures, will fuel the growth of the global temperature management market in the projected period. Moreover, the financial aids by various governments across the globe for modernizing healthcare infrastructure coupled with the increasing number of hospitals will propel the global temperature management market in the upcoming periods. In addition, the surge in demand for temperature management devices usage in hospital rooms, intensive care units (ICUs), would trigger the global temperature management industry.

The surge in the incidence of cardiac arrests and chronic diseases has bolstered the need for patient temperature management in growing populations. The rise in the prevalence of cardiovascular diseases and cancer has encouraged the high demand for patient temperature across the globe. Furthermore, the surge in surgical procedures across the world and the rise in demand for patient temperature devices projected to accelerate the growth of the global temperature management market size. Expanding the aging population across the globe, coupled with augmented incidences of cardiac arrest and central nervous systems disorders, is expected to augment the global temperature management market in the next few years.

Growth Driver

The rise in the Incidence of Chronic Conditions

Common chronic diseases mainly include cardio-cerebrovascular diseases, diabetes, malignant tumors, chronic respiratory diseases, etc., which have a long course, widespread epidemics, high cost, and high disability and mortality. Chronic diseases are largely preventable diseases. According to WHO, it has projected that, by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide, and 70% of deaths in developing countries will occur due to diabetes. In the developing world people with diabetes will increase by more than 2.5-fold, from 84 million in 1995 to 228 million in 2025.

Product Type Segmental Analysis

Based on product type, the global Temperature Management market bifurcates into Patient Warming Systems (Surface Warming Systems, Intravascular Warming Systems, and Warming Accessories) and Patient Cooling Systems (Surface Cooling Systems, Intravascular Cooling Systems, and Cooling Accessories)). The Patient Warming Systems segment likely to register the highest growth in the forecast period. This growth can be attributed to factors such as the surge in demand for patient warming systems during the patient’s body before surgery, like general anesthesia, to lower the patient’s body temperature. Patient Warming Systems includes Surface Warming Systems, Intravascular Warming Systems, and Warming Accessories.

The Patient Cooling Systems segment will drive owing to the rise in demand for these systems during surgical procedures such as orthopedic surgeries, gynecological & obstetric procedures, gastrointestinal procedures, and general surgeries.

Application Segmental Analysis

Based on application, the global Temperature Management market categorized into General Surgery, Cardiology, Neurology, Pediatrics, Thoracic Surgery, Orthopedic Surgery, and Others. The General Surgery segment projected to significant growth due to a huge increase in the number of cardiac and gynecology surgeries.

The Cardiology segment will influence on account of the growing number of people suffering from CVDs and demand for advanced cardiac treatment.

End-User Segmental Analysis

Based on end-user, the global Temperature Management market segregated into ICU, Emergency Rooms, Operating Rooms, Neonatal ICU, and Others. ICU segment expected to gain maximum revenue by 2027 attributable to the huge demand for Temperature Management in the support given to patients during emergencies and after undergoing surgeries in hospitals.

The Neonatal ICU accounted for the significant share in 2019, the primary growth attributed to the growing number of childbirth and premature deliveries across the world, which requires temperature management.

Region Segmental Analysis

Based on geography, the global Temperature Management market size segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America estimated to occupy the lion’s market share by 2027, owing to well-developed healthcare infrastructure, healthcare facilities, and high adoption of new technologies in these regions coupled with a rapidly rising prevalence of chronic diseases.

The Asia Pacific will be the fastest-growing market due to rising surgical procedures and prevalence of chronic conditions, especially in geriatric populations, mounting incidence of cardiac arrests and CNS disorders along with efforts done by government to increase access to elective surgeries.

Competitor Analysis

Companies such as 3M Company, Becton, Dickinson and Company, Dräger AG & Co. KGaA, Ecolab, GE Healthcare, Gentherm Incorporated, Inspiration Healthcare, Medtronic plc, Smiths Medical, Stryker Corporation, The 37Company, Bard Medical, Inc., Geratherm Medical AG, Inditherm Plc., and Zoll Medical Corporation are the key players in the Global Temperature Management Market.

Key Stakeholders

  • Market research and consulting firms
  • Industry associations
  • Global Temperature Management manufacturing firm
  • Research organizations and consulting companies
  • Organizations, associations, and alliances related to Temperature Management
  • Regulatory bodies
  • Suppliers
  • Retailers

The objective of the Research

  • Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
  • Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
  • Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
  • Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
  • The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Product Type

  • 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
  • Thoracic Surgery
  • Orthopedic Surgery
  • Others

By End-User

  • ICU
  • Emergency Rooms
  • Operating Rooms
  • Neonatal ICU
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Global Temperature Management Market

Report Content

  1. Research Strategic Development
    • Market Modelling
    • Product Analysis
    • Market Trend and Economic Factors Analysis
    • Market Segmental Analysis
    • Geographical Mapping
    • Country Wise Segregation
  2. Research Methodology
    • Identification of Target Market
    • Data Acquisition
    • Refining of Data/ Data Transformations
    • Data Validation through Primary Techniques
    • Exploratory Data Analysis
    • Graphical Techniques/Analysis
    • Quantitative Techniques/Analysis
    • Visual Result/Presentation
  3. Executive Summary
  4. Market Insights
    • Supply Chain Analysis
    • Economic Factor Analysis
      • Drivers
      • Trends
      • Opportunities
      • Challenges
    • Technological Landscape
    • Competitors & Product Analysis
    • Regulatory Framework
    • Company market share analysis, 2019
    • Porter’s Five forces analysis
    • New Investment Analysis
    • PESTEL Analysis
  5. Global Temperature Management Market Overview
    • Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Region
          • North America
          • Europe
          • Asia Pacific
          • South America
          • Middle East & Africa
  1. North America Temperature Management Market Overview
    • North America Temperature Management Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • North America Temperature Management Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Country
          • US
          • Canada
          • Mexico
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on North America Temperature Management Market
  1. Europe Temperature Management Market Overview
    • Europe Temperature Management Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • Europe Temperature Management Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Country
          • Germany
          • UK
          • France
          • Italy
          • Rest of Europe
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Europe Temperature Management Market
  1. Asia Pacific Temperature Management Market Overview
    • Asia Pacific Temperature Management Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • Asia Pacific Temperature Management Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Country
          • China
          • India
          • Japan
          • Australia
          • Rest of Asia Pacific
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Asia Pacific Temperature Management Market
  1. South America Temperature Management Market Overview
    • South America Temperature Management Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • South America Temperature Management Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Country
          • Brazil
          • Argentina
          • Rest of South America
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on South America Temperature Management Market
  1. Middle East & Africa Temperature Management Market Overview
    • Middle East & Africa Temperature Management Market Size & Forecast, 2016-2027
      • Demand
        • By Value (USD Million)
      • Consumption
        • By Volume (Thousands Unit)
      • Middle East & Africa Temperature Management Market Share & Forecast, 2016-2027
        • By Product Type
        • 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
          • Thoracic Surgery
          • Orthopedic Surgery
          • Others
        • By End-User
          • ICU
          • Emergency Rooms
          • Operating Rooms
          • Neonatal ICU
          • Others
        • By Country
          • Saudi Arabia
          • UAE
          • South Africa
          • Rest of Middle East & Africa
        • Price-Point Analysis
        • Manufacturer & Distributor List (Top 5)
        • Company Market Share (Top 3-5)
        • Economic Impact Study on Middle East & Africa Temperature Management Market
  1. Competitor Analysis
    • Company Description
    • Financial Analysis
    • Key Products
    • Key Management Personnel
    • Contact Address
    • SWOT Analysis
    • Company Profile
      • 3M Company
      • Becton
      • Dickinson and Company
      • Dräger AG & Co. KGaA
      • Ecolab
      • GE Healthcare
      • Gentherm Incorporated
      • Inspiration Healthcare
      • Medtronic plc
      • Smiths Medical
      • Stryker Corporation
      • The 37Company
      • Bard Medical, Inc.
      • Geratherm Medical AG
      • Inditherm Plc.
      • Zoll Medical Corporation
      • Other Prominent Players