What is the global market size of Patient Temperature Management Market?

Global Patient Temperature Management Market size was valued at USD 3.2 Billion in 2021 and is poised to grow from 3.23 billion in 2022 to 6.9 billion by 2030, growing at an CAGR of 8.8% during the forecast period (2023-2030).

Who are the key vendors in the Global Patient Temperature Management Market?

To meet the growing demands of the patients, the main corporations are implementing strategies including mergers and acquisitions, the creation of new products, and global expansions. For instance, ZOLL Medical Corporation declared in March 2016 that its Japanese a subsidiary, Asahi Kasei ZOLL Medical Corp., had been given permission by the PMDA (Japan's Pharmaceuticals and Medical Devices Agency) to economically begin its Thermogard XP (TGXP) Temperature Management System, a system that facilitates treatment during sudden cardiac arrest. '3M Company', 'Medtronic plc', 'Smiths Medical', 'Stryker Corporation', 'C.R. Bard, Inc. (now part of Becton, Dickinson and Company)', 'Geratherm Medical AG', 'ZOLL Medical Corporation (a subsidiary of Asahi Kasei Corporation)', 'Cincinnati Sub-Zero Products, LLC (CSZ)', 'The 37Company', 'Inspiration Healthcare Group plc', 'Gentherm Incorporated', 'Biegler GmbH', 'Enthermics Medical Systems', 'Stihler Electronic GmbH', 'Ecolab Inc.', 'Cheetah Medical (a subsidiary of Baxter International Inc.)', 'Belmont Instrument Corporation (a subsidiary of Hill Rom)', 'Welkins LLC', 'Augustine Temperature Management LLC', 'ThermaBright Inc.'

Patient Temperature Management Market Size, Share, Growth Analysis, By Product Type (Patient Warming Systems, Conventional Warming Systems), By Application (General Surgery, Cardiology), By End User, By Region - Industry Forecast 2025-2032

Report ID: SQMIG35I2275 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 100 | Figures: 76

Patient Temperature Management Market Regional Insights

North America held a 40.0% share of the global market, mostly as a result of increased heart surgery rates and rising healthcare costs in the U.S. Additionally, patients who need temperature control equipment have access to favorable payment policies in this nation. As a result, products for managing patient temperature are widely used in this area.

Asia Pacific is expected to have lucrative growth during the projected period due to the region's significant growth potential to satisfy the unmet needs of the target population. Additionally, the International Heart Federation predicts a 50.0% boost in the incidence of cardiovascular illnesses such ischemic coronary artery disease and stroke in China between 2022 and 2030. As a result, an increase in surgeries and traffic accidents in India along with other Asian countries is also contributing to the APAC market's growth.

Patient Temperature Management Market Report Snapshots

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Global Patient Temperature Management Market size was valued at USD 3.48 billion in 2022 and is poised to grow from USD 3.79 billion in 2023 to USD 7.43 billion by 2031, growing at a CAGR of 8.8% during the forecast period (2024-2031).

To meet the growing demands of the patients, the main corporations are implementing strategies including mergers and acquisitions, the creation of new products, and global expansions. For instance, ZOLL Medical Corporation declared in March 2016 that its Japanese a subsidiary, Asahi Kasei ZOLL Medical Corp., had been given permission by the PMDA (Japan's Pharmaceuticals and Medical Devices Agency) to economically begin its Thermogard XP (TGXP) Temperature Management System, a system that facilitates treatment during sudden cardiac arrest. '3M Company ', 'Medtronic ', 'Becton, Dickinson and Company ', 'Stryker Corporation ', 'Asahi Kasei Corporation ', 'Dragerwerk AG & Co. KGaA ', 'GE Healthcare ', 'Atom Medical Corporation ', 'Geratherm Medical AG ', 'Inspiration Healthcare Group plc ', 'Gentherm ', 'The Surgical Company ', 'Weiss Technik North America, Inc. ', 'Halyard Health ', 'Smiths Medical ', 'MEQU ', 'Philips Healthcare ', 'Ecolab'

Patient temperature management plays a crucial role in maintaining patient safety during various medical procedures, including surgeries, critical care, and post-operative recovery. The growing emphasis on patient safety drives the demand for temperature management solutions.

Increasing Adoption of Non-Invasive Techniques: There is a growing preference for non-invasive temperature management techniques that minimize patient discomfort and reduce the risk of complications. Non-invasive methods, such as surface cooling and warming devices, are gaining popularity over invasive methods like intravascular catheters.

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Patient Temperature Management Market Size, Share, Growth Analysis, By Product Type (Patient Warming Systems, Conventional Warming Systems), By Application (General Surgery, Cardiology), By End User, By Region - Industry Forecast 2025-2032

Patient Temperature Management Market Regional Insights

Patient Temperature Management Market Report Snapshots

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What is the global market size of Patient Temperature Management Market?

Who are the key vendors in the Patient Temperature Management Market?

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