The global temperature management systems market was valued at USD 2.5 Billion in 2021 and it is anticipated to grow up to USD 3.8 Billion by 2031, at a CAGR of 4.4% during the forecast period.
Global Temperature Management Systems report from Global Insight Services is the single authoritative source of intelligence on Temperature Management Systems market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Temperature management is a treatment carried out to maintain specific body temperature of a patient for specific duration. It improves health conditions and reduces risks of tissue injuries occurring due to lack of blood flow. The prevention of brain injuries and improvement in brain function following a cardiac arrest is possible using temperature management techniques. It also prevents secondary neurological injuries after central nervous systems trauma in animals.
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Key Players
- 3M Company (US)
- Smiths Medical (US)
- ZOLL Medical (US)
- Becton, Dickinson and Company (US)
- Drägerwerk (Germany)
- Ecolab (US)
- GE Healthcare (US)
- Gentherm (US)
- Geratherm Medical (Germany)
- Inspiration Healthcare (UK)
- Medtronic (Ireland)
- Stryker Corporation (US)
Global Temperature Management Systems Market Segmentation
Product
- Instruments
- Patient Warming Systems
- Conventional Warming System
- Surface Warming System
- Intravascular Warming System
- Patient Cooling Systems
- Conventional Cooling System
- Intravascular Cooling System
- Surface Cooling System
Process
- Cardiology
- Orthopedics
- Neurology
- Others
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Market Trends and Drivers
Increase in the incidence of chronic disorders will boost the overall market growth. Globally, there has been an increase in the incidence of chronic conditions, such as strokes, cardiac arrests, and neurological diseases such as traumatic brain injury. Several research studies indicate that survivors of cardiac arrests can suffer from devastating neurological impairments. Temperature management devices are widely used in the prevention of neurological damage after cardiac arrests. The use of mild therapeutic hypothermia is considered to improve neurological outcomes after cardiopulmonary resuscitation. Thus, the increasing incidence of chronic diseases is expected to drive the demand for temperature management systems.
Based on product, it is segmented into patient warming systems and patient cooling systems. Patient warming system further sub-segmented into conventional warming system, surface warming system, and intravascular warming system. Whereas patient cooling systems sub-segmented into conventional cooling system, intravascular cooling system, and surface cooling system. Among these patient warming system segment is likely to account for the significant market share during the forecast period. In temperature management procedures, the number of surface warming procedures are more as compared to invasive cooling procedures due to the increasing adoption rate of surface warming systems in surgical procedures such as orthopaedic surgeries, gynaecology and obstetrics procedures, gastrointestinal procedures, and general surgeries.
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