Patient Temperature Management Device Market, By Type (Patient Warming Systems and Patient Cooling Systems), By Application (Operating Room, ICU, Emergency Room, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI361019 | Publish Date: January 2024 | No. of Pages: 180

Global Patient Temperature Management Device Overview

Patient Temperature Management Device Market was valued at US$ 4.2 billion in 2024 and is projected to grow at a CAGR of 9.0% to reach US$ 9.0 billion by 2034.

Patient temperature management device refers to a wide range of instruments and methods used to keep a patient's body temperature within a safe and ideal range. Particularly for patients who are extremely sick, during surgical procedures, and in situations where thermoregulation is compromised, this type of patient temperature management device becomes vital to healthcare. Any patient temperature management device can be used in various medical settings, including intensive care units, operating rooms, and post-operative care.

There are various types, of this patient temperature management device including cooling devices (like surface cooling pads and intravascular catheters) and warming devices (like forced air warmers and heating blankets). In a healthcare setting a patient temperature management device is crucial for reducing complications like fever induced tissue damage during surgery, improving treatment outcomes and maintaining organ function at optimal rates. A patient temperature management device is required in critical care units to mitigate sepsis, TBI and cardiac arrests or during surgery to induce mild hypothermia. Patient temperature management device also finds application in neonatal care, oncology and burn treatment.

The rising number of diseases and infections needing medical intervention, the growing emphasis on neonatal care for premature infants, innumerable silent pathogens causing infections and sepsis are all directly contributing to more awareness about the necessity of Patient Temperature Management Device leading to the rapid growth of Patient Temperature Management Device Market in the forecast period.

The WHO reports that 16862 individuals tested positive for influenza viruses between December 2021 and January 2022, with 10744 (63.7%) being diagnosed as influenza A and 6118 (36.3%) as influenza B. Similarly, 500,000 or so sexually transmitted illnesses are found in the European Union each year, according to a report released by the European CDC in March 2021. In addition, the GLOBOCAN Report 2020 states that 9,958,133 cancer deaths and about 19,292,789 new cancer cases have been documented worldwide. A patient temperature management devices can be used to achieve hyperthermia, which is a crucial treatment for infectious disorders and cancer. Thus, during the course of the projected period, rising incidence of infectious diseases and cancer worldwide is expected to fuel Patient Temperature Management Device Market expansion.

Introduction - Patient Temperature Management Device Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Patient Temperature Management Device Dynamics

Drivers of the Patient Temperature Management Device Market:      

  • Rising Prevalence of diseases and better health awareness               

The world's disease burden is rising steadily as the population ages, as a consequence of unhealthy diets, physical inactivity, drunkenness, and environmental pollution, among other negative lifestyle choices.  The overall illness burden is increased by infectious diseases such as HIV/AIDS, tuberculosis, malaria, and antibiotic-resistant bacteria in addition to non-communicable diseases (NCDs) such as heart disease, stroke and cancer. The need for medical intervention to help with the treatment of infectious diseases, genetic disorders, and malignancies is growing as public health awareness rises leading to demand for Patient Temperature Management Device.

Maintaining stable patient temperature conditions during medical procedures is essential to organ health and ensure successful recovery. Patient Temperature Management Device can reduce the chances of Infections linked to healthcare which are among the most common adverse events that happen during the provision of care, affecting hundreds of millions of people each worldwide. Patient Temperature Management Device are needed to ensure there are no hospital-acquired infections (HAIs), for both personnel and patient.                                           

The World Health Organization (WHO) reports that there were 48.9 million cases and 11 million sepsis-related deaths worldwide in 2017, accounting for nearly 20% of all deaths worldwide. Nearly half of all sepsis cases worldwide occurred among children, with an estimated 20 million cases and 2.9 million global deaths in children under the age of five. Roughly 85% of sepsis cases and deaths associated with sepsis globally happened in low- and middle-income nations. Such growing cases of infection are direct drivers for the expansion of Patient Temperature Management Device Market.

  • Technological Innovation allows new wider range of Applications

Recent technological advancements have led to the development of more sophisticated and user-friendly patient temperature management device. The development of
minimally invasive cooling devices such as intravascular catheters, provide targeted cooling with minimal discomfort to the patient. Integrating wireless monitoring systems for continuous remotely monitoring a patient's temperature improving patient care and reducing the risk of complications have opened a wide range of novel applications for Patient Temperature Management Device. Adoption of Artificial intelligence (AI) to develop Patient Temperature Management Device that can automatically adjust temperature control based on a patient's individual needs and condition is enhancing the quality of patient care. Such innovations are growing the Patient Temperature Management Device Market.

  • Growing awareness of the benefits of Patient Temperature Management Device

Healthcare professionals and the public are becoming increasingly aware of the importance of temperature management in improving patient outcomes. This awareness is driven by growing evidence from clinical studies demonstrating the benefits of such Patient Temperature Management Device.

The importance of maintaining optimal body temperature for effective treatment and recovery is being emphasised on across a wide range of health care settings fuelling the demand for patient temperature management device across various healthcare settings.

It has been observed that Patient Temperature Management Device can help with reducing chances of sepsis post-surgery, inducing mild hypothermia to reduce inflammation in the brain and with targeted temperature management for cardiac arrest patients. Patient Temperature Management Device like incubators and warmers are also used to maintain premature baby’s core temperature within a safe range. The scope of application for temperature management devices is expanding beyond traditional uses in critical care and surgery. Their use is growing in areas like neonatal care, oncology, and even sports medicine, creating new opportunities in the Patient Temperature Management Device Market.

Restrains:

  • Regular Maintenance: Complex warming systems and intravascular catheters are advanced patient temperature management devices that require regular maintenance and calibration are costly and logistically challenging for healthcare facilities with tight budgets.
  • Lack of skilled faculty: Furthermore, underutilization of patient temperature management devices results from a lack of knowledge and specialized training among healthcare personnel regarding the latest developments and advantages of these devices.

Side effects

Patient Temperature Management Device Market growth may also be hampered by some possible risks of Patient Temperature Management Device such as skin burns from warming devices or catheter-related infections. It might be difficult and expensive to integrate Patient Temperature Management Device with current monitoring systems and electronic health records.

Key Opportunities in Patient Temperature Management Device Market:

  • Personalized patient temperature management device: Equipment that uses AI-powered algorithms to adjust the temperature to each patient's unique need.
  • Remote monitoring and data analytics: Wearable and implantable temperature sensors wit real-time temperature monitoring and data analysis via remote monitoring to enhance clinical decision-making and patient care.
  •  Integration with AI and Machine Learning: More pleasant, less disruptive patient temperature management device for monitoring and analysing body temperature continuously to predict potential complications, recommend optimal temperature control strategies, and even control devices automatically.

Recent Developments:

  • In August 2022, Merit Medical Systems announced the launch of its SafeGuard Focus Cool Compression Device, a patient temperature management device with the ability to provide compression across closed surgical sites. It helps patients with pacemakers and ICD pockets maintain homoeostasis. With an easy-to-prepare chilling solution that doesn't need to be refrigerated, the SafeGuard Focus Cool provides the same great performance and is perfect for use in a laboratory setting.
  • In April 2021, The revolutionary Danish MedTech company °MEQU announced the release of °M Station, an in-hospital solution for its °M Warmer System blood and IV fluid warmer.A portable blood and IV fluid warming equipment, the °M Warmer System is widely used in the military and pre-hospital industries worldwide. It uses a unique warming method to bring cold infusion fluids to body temperature in less than ten seconds. An in-hospital power option for the °M Warmer System, the AC powered °M Station is perfect for usage in hospital settings like ERs, operating rooms, intensive care units, X-ray/CT scans, etc.
  • In 2021, 3M introduced the 3M Bair Hugger Model 775 a novel patient warming system intended to be used in an operating room, helps to regulate the body temperature of patients by using forced air warming. This will enable medical practitioners to enhance patient outcomes in the surgical room by maintaining normo-thermal conditions

Global Patient Temperature Management Device Segmentation

Patient Temperature Management Device Market is segmented based on based on by Product type, by Application and Region.

Type Insight

  • Patient Warming Systems- This segment shows the largest market share in the Patient Temperature Management Device Market. It includes heating systems like forced-air warmers, chemical heating pads, circulating water mattresses and conductive warming blankets
  • Patient Cooling Systems- This sector shows the fastest growth in the Patient Temperature Management Device Market and is estimated to show massive increase during the forecast period. It includes Patient Temperature Management Device like surface cooling systems including cooling blankets and pads; intravascular catheters; air cooling blankets

Application Insights

  • Operating Room- This segment has the largest market share in Patient Temperature Management Device Market and is expected to have tremendous growth during the forecast period. The many benefits of a Patient Temperature Management Device in surgery for bettering treatment outcomes is leading to growth in this sector.
  • ICU- This segment is estimated to witness substantial growth in the Patient Temperature Management Device Market and includes advanced cooling systems like intravascular catheters and surface cooling pads alongside warming devices like blankets and air warmers used for managing critically ill patients with temperature dys-regulation due to sepsis or inflammation.
  • Emergency Room- This segment shows a steady market share. With the growing number of emergency treatment cases globally rapid temperature management in trauma and emergency cases is crucial for successful treatment.
  • Others- This segment shows substantial growth through the forecast period. It consists of neonatal care and oncology subdivisions. The rising number of childbirth and infant related complications and increase in cancer cases globally is contributing to the rise of this segment in the Patient Temperature Management Device Market.

Regional Insights:

Patient Temperature Management Device Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Patient Temperature Management Device Market Regional Insights:

On region the Patient Temperature Management Device Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America market held the largest market shares in 2021 and is estimated to witness a significantly high revenue share over the forecast period, owing to rising prevalence of chronic diseases and the presence of skilled operators for sophisticated Patient Temperature Management Device. Rapid technological advancement and AI integration into remote operating Patient Temperature Management Device, the presence of large section of end users for Patient Temperature Management Device as well as established presence of global brands is contributing to Patient Temperature Management Device Market expansion.
  • Asia Pacific market is estimated to witness fastest revenue share in the Patient Temperature Management Device Market due to rapidly growing healthcare sector fuelled by presence of majority of manufacturers of Patient Temperature Management Device. Improved healthcare infrastructure are also contributing to the expansion of the Patient Temperature Management Device Market. China and India will see a rise in their market share owing to their expanding population.    
  • Europe having developed economies and well-established healthcare systems, it maintains a steady share of the Patient Temperature Management Device Market. Slower population growth, and strict healthcare regulations however, might restrict any major expansions of the Patient Temperature Management Device Market in the forecast period.
  • Latin America  has smaller market shares but offers significant potential for future growth due to expanding economies, improvement in overall lifestyle and improving healthcare infrastructure. Countries with emerging economies like Brazil and Argentina have scope of holding substantial sections of the Patient Temperature Management Device Market in the forecast period due to their substantial disease burden.
  • Middle East & Africa the Patient Temperature Management Device Market in the this region is expected to witness significant growth in the coming years, driven by several factors such as the rising burden of chronic and autoimmune diseases, growing healthcare infrastructure and awareness of the benefit of technological integration in healthcare settings.

Report Scope:

Attribute

Details

Market Size 2024

US$  4.2 billion

Projected Market Size 2034

US$ 9.0 billion

CAGR Growth Rate

8.8 %

Market Segmentation

By Type- Patient Warming Systems, Patient Cooling Systems
By Application- Operating Room, ICU, Emergency Room, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Patient Temperature Management Device Market report based on By Type, By Application and Region:

Patient Temperature Management Device Market, By Type:

  • Patient Warming Systems
  • Patient Cooling Systems

Patient Temperature Management Device Market, By Application:

  • Operating Room
  • ICU
  • Emergency Room
  • Others

 

Patient Temperature Management Device Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Patient Temperature Management Device Key Players

The key players operating the Patient Temperature Management Device Market includes, 3M Healthcare Ltd., ZOLL Medical Corp., Covidien plc, Stryker Corp., R. Bard, Inc., Smiths Medical, Inc., Cincinnati Sub-Zero Products, Inc., The 37Company, Mennen Medical Ltd., Inspiration Healthcare Group plc  and Others.

Global Patient Temperature Management Device Company Profile

Company Profile:

  • 3M Healthcare Ltd.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies.
  • ZOLL Medical Corp.
  • Covidien plc
  • Stryker Corp.
  • R. Bard, Inc.
  • Smiths Medical, Inc.
  • Cincinnati Sub-Zero Products, Inc. 
  • The 37Company
  • Mennen Medical Ltd.
  • Inspiration Healthcare Group plc 

“*” marked represents similar segmentation in other categories in the respective section

Global Patient Temperature Management Device Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Patient Temperature Management Device Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Patient Warming Systems
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Patient Cooling Systems
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Patient Temperature Management Device Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Operating Room
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • ICU
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Emergency Room
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Patient Temperature Management Device Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • 3M Healthcare Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ZOLL Medical Corp.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Covidien plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Stryker Corp.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • R. Bard, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Smiths Medical, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cincinnati Sub-Zero Products, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The 37Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mennen Medical Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Inspiration Healthcare Group plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Patient Temperature Management Device Market is segmented into Type, Application, and Region.

Emerging trends include the adoption of non-invasive temperature management methods, integration of advanced technologies like wearable devices, and the increasing focus on patient comfort and safety, presenting significant opportunities in the global Patient Temperature Management Device Market.

Factors driving the market include the rising incidence of surgeries, growing awareness of the importance of temperature management in healthcare, and technological advancements in patient temperature monitoring and regulation devices.

The report covers regions worldwide. North America is expected to dominate the Patient Temperature Management Device Market, driven by a well-established healthcare infrastructure, a high volume of surgical procedures, and a focus on patient outcomes and safety in the region.

3M Healthcare Ltd. ZOLL Medical Corp. Covidien plc Stryker Corp. R. Bard, Inc. Smiths Medical, Inc. Cincinnati Sub-Zero Products, Inc. The 37Company Mennen Medical Ltd. Inspiration Healthcare Group plc