Patient Temperature Management Market Top Manufacturers | Major Buyers | Forecast Research Report

 The global Patient Temperature Management Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. 

Market Overview: 

The global patient temperature management market size was worth USD 2.3 billion in 2016 which is anticipated to grow at a CAGR of more than 7.9% during the forecast period. Based on products, the market is categorized into patient cooling and warming systems. In 2016, patient warming systems dominated the market due to the increase in number of surgeries being conducted. These surgeries require anesthesia, which lowers the temperature of the patients’ body. 

Key Players:

• Acelity L.P. Inc.
• Talley Group Limited
• Smith & Nephew plc
• Devon Medical, Inc.
• Mölnlycke Health Care 

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Growth Drivers: 

The key factor contributing to the market growth of patient temperature management is the rise in number of surgeries performed. Pre-surgery anesthesia administered to the patients lowers their body temperature. To prevent this, warming devices are used to eliminate intraoperative hypothermia. 

The rising prevalence of heart diseases such as cardiac arrest has increased the demand for patient temperature management in order to prevent adverse effects of high temperature on the brain and prevent further complications. 

Application Outlook: 

• Surgery
• Cardiology
• Pediatrics
• Neurology 

Product Outlook: 

• Patient Warming Systems
• Patient Cooling Systems 

Regional Insights: 

On the basis of region, North America dominated the market in 2016 due to rising number of cardiac surgeries. The rising awareness level among people and increase in healthcare expenditure also contributes to the growth of the market. Advancement in technology in temperature management systems has increased the penetration in the U.S. 

Asia Pacific is expected to witness rapid growth over the forecast period. This is due to the untapped market in the developing countries such as China and India. The increase in healthcare expenditure and increasing disposable incomes also contributes to the growth of this market. 

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