Global Patient Temperature Management Market

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 News

  • In September 2022, Optical genome mapping (OGM) information services from Bionano Genomics Inc. will be combined with clinical testing services formerly provided by Lineagen at the new company, Bionano Laboratories, that was launched. The first OGM-based laboratory-designed test (LDT), created by Bionano Laboratories, was also introduced.
  • In March 2022, For small-to-midsize labs that use both complete blood count (CBC) & the erythrocyte sedimentation rate (ESR) assays, Mindray recently introduced its newest BC-700 Series hematology analyzers.
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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.

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.

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Global Patient Temperature Management Market

Report ID: SQMIG35I2275

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