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Global Patient Temperature Management Market Trends Exhibits Remarkable Growth Opportunity By Cincinnati Sub Zero, Smiths Medical, Inc., Medtronic, Geratherm Medical AG, Inspiration Healthcare Group plc, The 37Company, ZOLL Medical Corporation, Drägerwerk AG & Co.

Global patient temperature management market is expected to rise to an estimated value of USD 6.93 billion by 2026 registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing incidences of adoption of the product from home-care solutions coupled with increasing incidences of cancer.

An unambiguous research studies are performed keenly to present the excellent patient temperature management market research report for a specific niche. It is possible to accomplish precious market insights with the new skills, latest tools and innovative programs via this report which help bring about business goals. Research and analysis about the key developments in the healthcare industry and key competitors along with their strategies included in this report assists businesses think about the bigger picture of the market place and products. This global market report gives CAGR value fluctuation during the forecast period of 2019-2026 for the market that helps in estimating investment and costing.

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Few of the major competitors currently working in the global patient temperature management market are 3M, BD, Stryker, Cincinnati Sub Zero, Smiths Medical, Inc., Medtronic, Geratherm Medical AG, Inspiration Healthcare Group plc, The 37Company, ZOLL Medical Corporation, Drägerwerk AG & Co. KGaA, Ecolab, Atom Medical Corp., Enthermics, Inc., Moeck & Moeck GmbH, Welkins, LLC, Halyard Worldwide, Inc., Augustine Temperature Management, Belmont Instrument, LLC and Delta Surgical, among others.

Key Developments in the Market:

In March 2019, Smiths Medical, Inc. announced the launch of a new patient temperature management product, a new “Level 1 convective warmer”. The product offers highly effective temperature management solutions while the patient is at a different level in a surgical procedure. The patient can undergo silent, straight-forward, secure temperature management with a variety of accessories coupled with the device.
In June 2018, Belmont Instrument, LLC announced that they had acquired “MTRE Advanced Technologies Ltd.”, the temperature management product division of Mennen Medical. This acquisition will result in extension of the product offerings available with Belmont Instrument, LLC as well as result in advancements in innovations of the technology associated with temperature management.

Market Drivers

Growing prevalence of chronic disorders globally is expected to foster growth of the market value
Increasing number of expenditure incurred on research & developments resulting in innovations of technology is expected to drive the growth of the market
Increasing levels of surgical procedures being conducted worldwide; this factor is expected to positively affect the market value

Market Restraints

Large costs associated with the devices & solutions restricting the growth of the market
Growing incidences of various products being recalled due to their lack of effectiveness and side-effects; this factor is expected to restrain the growth of the market

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Segmentation: Global Patient Temperature Management Market

By Product

Patient Warming Systems
Surface Warming Systems
Convective Warming Systems
Conductive Warming Systems
Intravascular Warming Systems
Warming Accessories
Patient Cooling Systems
Surface Cooling Systems
Intravascular Cooling Systems
Cooling Accessories

By Medical Specialty

General Surgery
Cardiology
Neurology
Pediatrics
Thoracic Surgery
Orthopedics
Others

By End-Users

Surgeons & Anesthesiologists
Nursing Staff
Paramedical Staff

By Applications

Perioperative Care
Operating Rooms
Recovery Rooms
Preoperative Care Units
Acute Care
Intensive Care Units (ICU)
Emergency Rooms
Coronary Care Units
Neurological Care Units
Burn Centers
Cath Labs
Newborn Care
Delivery Suites
Neonatal Intensive Care Units
Postnatal Wards
Military Applications
Physiotherapy
Medical/Surgical Units
Patient Transport
Chemotherapy
Others

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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