Temperature Management Systems Market by Product (Patient Warming Systems, Patient Cooling Systems), Application (Perioperative Care, Acute Care, Newborn Care), Medical Speciality (Cardiology, Neurology, Pediatrics, Orthopedic) – Global Forecast to 2025

2020-08-06
Price :
Published : Aug-2020
No. of Pages : 292

Temperature management systems market is projected to grow at CAGR of 5.1% from 2020 to 2025

The temperature management market is projected to reach USD 3.2 billion by 2025 from USD 2.4 billion in 2020, at CAGR of 5.1% during the forecast period. The growth in this market is largely driven by the increasing global incidence of chronic conditions and the subsequent increase in the number of surgical procedures. The growing number of contracts and agreements between market players is also expected to offer a wide range of growth opportunities for market players during the forecast period. However, the high cost of intravascular temperature management systems is restraining the growth of this market

Patient Warming Systems segment accounted for the largest share of the temperature management systems market, by medical specialty, in 2019

Based on the product, the temperature management market is segmented into patient warming and cooling systems. The patient warming systems segment accounted for the largest share of the temperature management market in 2019. The rising demand for these systems in diverse hospital settings and the increasing adoption rate of invasive warming in surgical procedures are the major factors driving the growth of this segment.

Acute Care segment to grow at the highest CAGR of the temperature management systems market, by application in 2019

On the basis of applications, the temperature management market is segmented into perioperative care, acute care, newborn care, and other applications. Among these, the acute care segment is expected to grow at the highest CAGR during the forecast period. As acute care encompasses specialized care and the support given to patients during emergencies or after undergoing surgeries in hospitals.

North America will continue to dominate the temperature management systems market during the forecast period

In 2019, North America accounted for the largest share of the temperature management market, followed by Europe. Factors such as the large volume of surgical procedures, growth in the geriatric population, rising incidence of cardiac arrests and neurological disorders, availability of technologically advanced products, and the presence of major players in the US are driving the growth of the temperature management market in North America. On the other hand, the market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. This is  primarily attributed to growing demand for aesthetic and medical surgeries, rising incidence of cardiac arrests and CNS disorders, government efforts to increase access to elective surgeries, and improving healthcare infrastructures are the major factors supporting the growth of the Asia Pacific temperature management market

Breakdown of supply-side primary interviews, by company type, designation, and region:

  • By Company Type: Tier 1 (40%) , Tier 2 (30%), and Tier 3 (30%)
  • By Designation: C-level (27%), Director-level (18%), and Others (55%)
  • By Region: North America (50%), Europe (20%), AsiaPacific (15%), and Rest of the World (15%)

The some of the major players operating in this market are  3M (US), Smiths Medical (US), and Zoll Medical (US)

List of Companies Profiled in the Report

  • 3M (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)
  • The 37Company (Netherlands)
  • Adroit Medical Systems (US)
  • Attune Medical (US)
  • Augustine Surgical (US)
  • Belmont Medical Technologies (US)
  • Biegler GmbH (Germany)
  • Encompass Group (US)
  • Enthermics (US)
  • Hirtz & Co. KG (Germany)
  • Istanbul Medikal Ltd (Istanbul)
  • Life Recovery Systems (US)
  • MedCare Visions GmbH (Germany)
  • Vyaire Medical, Inc. (US)

Research Coverage

This report studies the temperature management systems market based on product, application, medical specialty and region. The report also analyzes factors (such as drivers, restraints and opportunities) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total temperature management systems market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on temperature management systems offered by the top 25 players in the temperature management systems market. The report analyzes the temperature management systems market by product, application, medical specialty and region.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various securement devices across key geographic regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the temperature management systems market
  • Competitive Assessment: In-depth assessment of market ranking and strategies of the leading players in the temperature management systems market
Filed in: Medical Device
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Ophthalmic Equipment Market by Product (OCT, Fundus Camera, Ultrasound, Ophthalmoscope, Phoropter, Slit Lamp, Perimeter, Keratometer, Tonometer, IOL, Excimer Laser, OVDs, Phacoemulsification) End User (Hospital, Consumer) – Global Forecast to 2025

“The ophthalmic equipment market is projected to grow at a CAGR of 3.7% during the forecast period.” The global ophthalmic equipment market size is projected to reach USD 63.3 billion by 2025 from USD 52.8 billion in 2020, at a CAGR of 3.7% during the forecast period. The market for ophthalmic equipment is driven primarily by the factors such as the rising geriatric population and prevalence of eye diseases, technological advancements in ophthalmic devices, government initiatives to control visual impairment, and the rising adoption of contact lenses and spectacles. However, the high cost of ophthalmology devices, cuts in the reimbursement for ophthalmic surgical procedures, and the increased adoption of refurbished devices will hinder the overall adoption of ophthalmic equipment an......
$7150

Prefilled Syringes Market by Type [Conventional (Disposable, Reusable), Safety], Material (Glass, Plastic), Design (Single-Chamber, Dual-Chamber, Customized), Application (Diabetes, Cancer, Arthritis, Anaphylaxis, Ophthalmology) – Global Forecast to 2025

“The global prefilled syringes  market is projected to grow at a CAGR of 9.0% during the forecast period” The global prefilled syringes market size is projected to reach USD 8.6 billion by 2025 from USD 5.6 billion in 2020, at a CAGR of 9.0%. The growth in the prefilled syringes market is majorly driven by the rising demand for prefilled syringes is attributed to the growing prevalence of chronic diseases, technological advancements, rising adoption of self-injecting parenteral devices, and supportive government regulations (especially needlestick legislations). In addition, growing awareness on the benefits of prefilled syringes among patients and healthcare professionals, along with the growing number of biologics and biosimilars in the pharmaceuticals market, is supporting the g......
$

Sports Medicine Market by Product (Body Reconstruction, Body Support & Recovery), Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), End User (Hospitals, Physiotherapy Centers & Clinics) – Analysis & Global Forecast to 2025

“The sports medicine market is projected to grow at a CAGR of 5.7% during the forecast period.” The global sports medicine market is projected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020 at a CAGR of 5.7%. Growth in the sports medicine market can be attributed to factors such as the increasing incidence of sports injuries, continuous influx of new products and treatment modalities, developments in the field of regenerative medicine and rising demand for minimally invasive surgeries. However, the high cost of implants and other devices may restrain the market to a certain extent. “The Body Support & Recovery Products segment is expected to grow at the highest rate during the forecast period.” On the basis of product, the global sports medicine market h......
$4950

Veterinary Care Market by Treatment Type (No medicalization, Basic Medicalization, and Under Long Term Veterinary Care), Animal Type (Dogs, Cats, Cattle, Horses, Pigs, and Poultry), and Region – Forecasts to 2025

“Veterinary care market is predicted to foresee exceptional growth in the coming years.” The veterinary care market has experienced considerable growth since the past few years. Market growth can be associated with the introduction of highly efficient veterinary diagnostic tools that enables early disease diagnosis.  The disease diagnosis rate in companion, as well as livestock, has drastically explicitly increased in South East Asian countries. Moreover, veterinary market growth can be traced via the animal health market that is also growing significantly. For instance, Asia Pacific animal health market size is projected to reach ~ USD 23 billion by 2025 from around USD 17 billion in 2018, at a CAGR of 5.2% during the forecast period. The market growth is attributed to the rising ......
$5650

Grease Market by Base Oil (Mineral, Synthetic, Bio-Based), Thickener Type (Metallic Soap, Non-Soap, Inorganic), End-Use Industry (Automotive, Construction, General Manufacturing, Metal, Mining, Food & Beverage, Power) – Global Forecast to 2025

“rise in automation in various industries is expected to drive the grease market.” The grease market is estimated to grow from USD 5.3 billion in 2020 to USD 6.1 billion by 2025, at a CAGR of 2.9%. The grease market is driven mainly by rising automation in end-use industries and improved quality of grease. However, stringent environmental regulations are expected to restrain the market growth. The general manufacturing, construction, mining, and other industries use various heavy load equipment, which requires regular lubrication. Due to the increasing cost of workforce and safety requirements, the demand for process automation is rising.Automation helps in increasing production rate, reducing labor costs, and improving worker safety. Hence, a majority of companies are automating......
$4950

Animal Treatment Market by Animal Type (Dogs, Cats, Horses, Cattle, Pigs, Poultry) & Treatment Type (No Medicalization, Basic Medicalization, Veterinary Care), Country (US, Canada, Germany, UK, France, Spain, Italy, Russia, Austria, Poland, Netherlands, Turkey, Bulgaria, China, India, Japan, Australia, India, South Korea, Thailand, Saudi Arabia – Forecast 2024

“North America & Europe animal healthcare market size was around USD 40 billion in 2018 and is predicted to be reach USD 50 billion by 2024. The rising diagnosis rate in companion animals, as well as livestock, has positively influenced the medicalization rate in animals.” The animal treatment market has witnessed a paradigm shift from conventional veterinary diagnostic procedures to advanced ones. In 2019, ~70-80% of farm animals in developed economies and ~60-70% of farm animals in emerging countries received basic medicalization. The rate of basic medicalization is projected to increase in the coming years owing to the increasing animal welfare initiatives and the improving regulatory framework. Several countries involved in the animal treatment market have been developing su......
$5650

Cosmetic Dentistry Market by Product (Dental Implant, Dental Bridge & Crown, Orthodontic Braces, Denture, Dental Laser, Dental Handpiece, Bonding Agent, Dental Chair, CAD/CAM System, Radiology Equipment) End User – Global Forecast to 2025

“The growing consumer awareness and an increasing focus on aesthetics, the increasing prevalence of oral health disorders globally, and rising dental tourism in emerging market sare expected to drive the overall growth of the cosmetic dentistry market.” The cosmetic dentistry market is expected to grow at a CAGR of 6.6% in the forecast period. The global cosmetic dentistry market is expected to grow from USD 21.9 billion in 2020 to USD 30.1 billion in 2025, at a CAGR of 6.6% during the forecast period.The cosmetic dentistry market is estimated to witness significant growth during the forecast period due to the growing consumer awareness and rising focus on aesthetics, increasing prevalence of oral health disorders, and rising dental tourism in emerging markets. However, the high cos......
$4950

Urinary Catheters Market by Product (Indwelling, Intermittent, External), Type (Coated, Uncoated), Application (Urinary Incontinence, Benign Prostate Hyperplasia, General Surgery), Usage (Male, Female), End Users (Hospitals) – Global Forecast to 2025

 “Increasing number of surgical procedures, high incidence of prostate cancer, and the growing prevalence of urinary incontinence are expected to drive the overall growth of the urinary catheters market.” The global urinary catheters market size is projected to reach USD 2.6 billion by 2025 from USD 2.0 billion in 2020, at a CAGR of 5.5% during the forecast period. Market growth can be largely attributed to factors such as the growing prevalence of urinary incontinence, an increasing number of surgical procedures across the globe, high incidence of prostate cancer, and the favorable reimbursement scenario. The emerging Asian countries are also expected to offer strong growth opportunities for players in the market. The untapped market opportunities in emerging markets are also expe......
$4950

Medical Radiation Detection, Monitoring & Safety Market by Detector (Gas-Filled Detectors, Scintillators, Solid-State), Product (Personal Dosimeters, Passive Dosimeters), Safety (Full Body Protection), End User (Hospitals) – Global Forecast to 2025

 “The medical radiation detection, monitoring and safety market is projected to grow at CAGR of 4.9% from 2020 to 2025” The global medical radiation detection, monitoring, and safety market is projected to reach USD 1,207 million by 2025 from USD 949 million in 2020, at a CAGR of 4.9% during the forecast period. The major factors driving the growth of this market include the increasing use of nuclear medicine and radiation therapy for diagnosis and treatment, growing number of diagnostic imaging centers, rising prevalence of cancer, increasing safety awareness among people working in radiation-prone environments, and the growing number of people covered by insurance.  “Gas- Filled Detectors segment to witness the highest growth during the forecast period.” Based on the d......
$4950

Therapeutic Drug Monitoring Market by Product (Equipment (Immunoassay Analyzers), Consumables), Technology (Immunoassays, Chromatography-MS), Class of Drugs (Antibiotic Drugs, Bronchodilator Drugs), End User – Global Forecast to 2025

“Therapeutic drug monitoring market is projected to grow at CAGR of 6.9% from 2020 to 2025” The global therapeutic drug monitoring market is projected to reach USD 2.0 billion by 2025 from USD 1.4 billion in 2020, at a CAGR of 6.9% from 2020 to 2025. The growth of the market is largely driven by factors such as the rising number of organ transplant procedures, the use of TDM across various therapeutic fields, the increasing preference for precision medicine, a growing focus on R&D related to TDM, and technological advancements in immunoassay instruments. Increased adoption in the treatment of autoimmune diseases is expected to provide a wide range of growth opportunities for players in the market. “Consumables segment accounted for a significant share of the therapeutic dru......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy