Patient Temperature Management Market By Product (Patient Warming Systems, Patient Cooling Systems), By Application (Surgery, Cardiology, Pediatrics, Neurology), By End Use (Operating Room, Neonatal ICU, ER, ICUs), And Segment Forecasts, 2018 - 2025

Industry Insights

Global patient temperature management market was valued at USD 2.3 billion in 2016 and is expected to witness attractive growth over the forecast period. Increasing number of surgical procedures is one of the significant factors impacting growth of the patient temperature management market.

Huge number of surgeries are performed throughout the world. OMICS International, 2015 stated that nearly 234 million surgeries are taking place every year. Application of anesthesia to patients before any surgery results in low body temperature. Under these circumstances, warming systems are essential to avoid any further intraoperative hypothermia. Adoption of these systems assist in minimizing pre- and post- surgical complications and associated discomfort to the patient. Hence, such high adoption rate has led to high demand for these devices.

Global patient temperature management market, by product, 2014 - 2025 (USD Million)

Rising prevalence of cardiovascular diseases and cancer has encouraged the high demand for warming and cooling devices. In cancer cases, the drop in body temperature results in multiplication of cancer cells in the patient’s body. In order to combat this problem, patient warming systems are used along with radiation therapy and chemotherapy. In addition, increasing incidence of heart attack and stroke is also considered as a significant driver impacting the growth of the market. During such instances, the body needs to be relatively cooler in order to increase survival rate and enable normal brain functioning. Technological advancements are also projected to increase the market demand due to the introduction of new temperature management systems, such surface pads, blankets, and head caps.

Growing need for modern temperature management systems has led to the introduction of a wide range of surface warming and cooling systems. This has further accelerated the market growth of patient temperature management systems. For instance, 3M revolutionized its Bair Hugger brand, which has a broad portfolio of blankets, such as full body, underbody, specialty, and others.

Product Insights

Patient warming systems dominated the market in 2016 due to the rising number of surgeries. General anesthesia provided before surgery lowers the patient’s body temperature. Hence, prewarming of the patient’s body before surgery is required, thereby, reducing the risk of perioperative hypothermia. For instance, 3M Company introduced 3M Bair Paws Warming Unit with 3M Bair Paws Warming Gown. 

Patient cooling systems are anticipated to show lucrative growth over the forecast period. This is due to the rising number of cardiac surgeries and requirement of low temperature for eliminating the adverse neurologic outcomes and related brain trauma injuries. Patients with traumatic brain injury also require cold temperature in order to minimize the risk of adverse neurologic outcomes and enhance survival rate.

Application Insights

Amongst the application segment, surgery held the largest market share in 2016. The primary factors supporting this growth include rising number of cardiac and gynecology surgeries. Temperature management systems are also largely used in pre-, post- and perioperative surgical procedures.

Cardiology segment is expected to witness significant growth over the forecast period due to the increasing prevalence of cardiovascular diseases. According to The Heart Foundation, in the U.S. nearly 720,000 people suffer from heart attack. Cardiac diseases, such as stroke and heart attack need cold temperature for eliminating any risk of traumatic brain injuries, thereby, generating demand for cooling devices in the country.

U.S. patient temperature management market share, by application, 2016

End-use Insights

Operating room segment generated largest revenue share in 2016 and is anticipated to show lucrative growth over the forecast period. During pre-, post- and perioperative surgeries, patients need specific temperature in the operating room in order to eliminate surgical complications. For instance, patients provided with anesthesia before surgery require warming therapies whereas during cardiac surgeries cooling therapies are required in operating rooms. Thus, with the rise in number of surgeries, the demand for these products are expected to remain high.

In 2016, neonatal ICU was the second largest segment in terms of revenue. Growth of this segment can be attributed to rising number of childbirth and premature deliveries, requiring huge support with temperature management devices in neonatal ICUs. Moreover, there is a risk of hypothermia in premature infants as they are exposed to cold temperature in neonatal ICUs

Regional Insights

In 2016, North America dominated the market due to rising number of cardiac surgeries and increasing healthcare expenditure in the U.S. The country also has a favorable reimbursement scenario for patients, requiring temperature management devices. Hence, it results in huge penetration of these devices in the U.S. and Canada. 

Asia Pacific is expected to show attractive growth over the forecast period due to presence of high growth opportunities to cater to the unmet needs of the target population in this region. According to National Health Mission, there was a 10-fold rise in the number of surgeries in India between 2009-2010 and 2014-2015. Hence, growing number of surgeries as well as road accidents in India are also driving the growth of this overall regional market.

Competitive Insights

Few key companies of the market include Medtronic, Inc.; Cincinnati Sub-Zero Products, LLC; Stryker Corporation; Bard Medical, Inc.; ZOLL Medical Corporation; 3M Company; Geratherm Medical AG; The 37Company; Inditherm Plc; Smiths Medical, Inc.; and Atom Medical Corporation. 

The major companies are adopting initiatives such as mergers and acquisitions, new product developments, and regional expansions in order to cater to the rising needs of the patients. For instance, ZOLL Medical Corporation made an agreement aimed at buying assets of Philips InnerCool temperature management business segment for product portfolio expansion.

Report scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the patient temperature management market on the basis of product, application, end use and region:

• Product Outlook (Revenue, USD Million; 2014 - 2025)

  • Patient Warming Systems

    • Conventional Warming Systems

    • Surface Warming Systems

    • Intravascular Warming Systems

  • Patient Cooling Systems

    • Conventional Cooling Systems

    • Surface Cooling Systems

    • Intravascular Cooling Systems

• Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Surgery

  • Cardiology

  • Pediatrics

  • Neurology

  • Others

• End-use Outlook (Revenue, USD Million; 2014 - 2025)

  • Operating Room

  • Neonatal ICU

  • Emergency Room

  • ICUs

  • Others

• Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa