Temperature Management Systems Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
Temperature management systems market were
estimated to be worth USD 2.9 billion in 2023, and during the 2024–2034
forecast period, it is expected to grow at a compound annual growth rate (CAGR)
of 4.5% to reach USD 4.5 billion. Systems for controlling temperature are
essential for improving treatment outcomes and guaranteeing patients' general
wellbeing. The market is increasing and sustainable since it is in line with
the healthcare industry.
Medical equipment and technologies known as temperature
management systems (TMS) are intended to control and preserve a patient's body
temperature within a predetermined range. The systems often comprise colling
and patient warming systems, which are essential in a variety of medical
situations such as surgery, critical care, and recuperation following surgery.
It avoids issues brought on by temperature swings, such as hypo- or
hyperthermia. To effectively and precisely control patient temperature, they
use a range of techniques, including as sophisticated automated machines, warming
and cooling blankets, and pads.
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GROWTH DRIVERS
There are more surgeries performed as a result of the
rising prevalence of chronic illnesses like cancer, neurological ailments, and
cardiovascular diseases. In highly operational environments, temperature
control devices are essential for maintaining normothermia and improving
patient outcomes. Cardiovascular diseases (CVDs) are the world's leading cause
of death, accounting for 17.9 million deaths in 2016 and 20.5 million deaths in
2021, according to the WHO. These amount to 31 per cent and 33 per cent,
respectively, of all deaths worldwide.
Approximately 310 million major procedures are carried out
annually, with 20 million occurring in Europe and 40–50 million in the United
States, according to the NIH. improvements and technical breakthroughs in
temperature control systems, such as automated devices, precise temperature
control, and noninvasive systems. One of the key factors influencing the
market's acceptance is the improvement of these systems' usability and
efficacy.
The market is expanding as a result of healthcare
professionals' rising awareness of the advantages of temperature management systems and
the availability of training courses on their use. Associations such as the
American Society of Clinical Microscopists (ASA) promote temperature monitoring
and the use of TMS in clinical practice through a range of educational
programs, which helps to drive the industry.
MARKET
SEGMENTATION:
· By
Product Type - Patient warming system (Surface Warming Systems,
Connective Warming Systems, Conductive Warming Systems, Intravascular Warming
Systems), Patient Cooling Systems (Surface Cooling Systems, Intravascular
Cooling Systems, Conventional Cooling Systems) and others
· By
Application- Perioperative Care (Operating rooms, Postoperative Care
Units, Preoperative Care Units), Acute Care (ICU, Coronary Care units,
Neurological Care unit, Burn Centers) Emergency rooms, Cath Lab, Maternal
/Neonatal Care (Newborn Care, Delivery Suites, Neonatal ICU, Postnatal Wards)
and others
· By
Medical Specialty- General Surgery, Cardiology, Neurology, Pediatrics,
Thoracic Surgery, Orthopedic Surgery and others
· By
Region- North America, Europe, Asia Pacific, The Middle East and
Africa, South America
Global Key
Players:
· Drager
AG and Co. KGaA
· Becton,
Dickson and Company
· Stryker
Corporation
· Zoll
Medical Corporation
· Medtronic
· Bard
Medical
· Cincinnati
Sub-Zero Products, LLC
· 3M
Company
· The
37company
· Atom
Medical Corporation
· Geratherm
Medical Ag
· Inditherm
Plc
· Other
Players
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