Patient Temperature Management Market Size, Share & Trends Analysis Report By Product (Patient Warming Systems, Patient Cooling Systems), By Application (Surgery, Cardiology, Pediatrics, Neurology), By End Use, And Segment Forecasts, 2022 - 2030

Report Overview

The global patient temperature management market size was valued at USD 3.2 billion in 2021 and is expected to expand at compounded annual growth rate (CAGR) of 8.8% from 2022 to 2030. Increasing volume of surgical procedures is one of the significant factors impacting growth of the patient temperature management market.

Large number of surgical procedures is being performed globally. Estimates from the Texas Heart Institute indicate over 500,000 coronary bypass procedures are performed each year. Administration of local or general anaesthesia to patients before any surgical procedure results in decreased body temperature. Under these circumstances, warming systems are essential to avoid any further intraoperative hypothermia. Adoption of these systems further assists in minimizing the pre andpost-surgical complications and associated discomfort to the patient.

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 incidences 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 as surface pads, blankets, and head caps. The growing need for modern temperature management systems has led to the introduction of a wide range of surface warming and cooling systems, which has further accelerated the market growth. For instance, one of the key market players, 3M, has developed its Bair Hugger product range, which consists of a complete portfolio of blankets, such as specialty, under body, full body, plus others. 

Product Insights 

Patient warming systems dominated the market in 2021 with 72.0%share owing to their frequent usage during surgeries, involving the use of general anesthesia. General anesthesia provided before surgery lowers the patient’s body temperature. Hence, pre-warming 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 expected to show lucrative growth during the forecast period. This is due to the rising number of cardiac surgeries and the requirement of low temperature for eliminating the adverse neurologic outcomes in addition to related brain trauma injuries. Patients with traumatic brain injury furthermore require cold temperature in order to minimize the risk of adverse neurologic outcomes and enhance survival rate. 

Application Insights

Surgery held the largest, more than 31.0% market share for the application segment, in 2021.

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. In addition, these devices help address surgical site complications.

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

End-use Insights 

Operating room segment generated largest revenue share in 2021 and is expected to witness a lucrative growth rate of more than 9.7% during the forecast period. Throughout pre-, post- and perioperative surgeries, the 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 is expected to remain high.

In 2021, neonatal ICU also held significant revenue share, the growth of which 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. Hence, they are kept warm using patient warming systems in neonatal ICUs.

Regional Insights

North America dominated the global market with around 40.0% share, in 2021, due to the 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. Thus, there is high penetration of patient temperature management products in this region. 

Asia Pacific is projected to witness lucrative growth during the forecast period due to the presence of high growth opportunities to cater to the unmet needs of the target population, in this region. In addition, based on World Heart Federation, the prevalence of cardiovascular diseases, such as stroke and ischemic heart disease is projected to rise by 50.0% in China between 2010 and 2030. Hence, growing number of surgeries, as well as road accidents in India and other Asian countries, are also driving the growth in APAC market. 

Key Companies & Market Share Insights

The major companies are adopting initiatives such as mergers & acquisitions, new product developments, and geographical expansions in order to cater to the rising needs of the patients. For instance, in March, 2016, ZOLL Medical Corporation announced that its Japanese subsidiary, Asahi Kasei ZOLL Medical Corp. has received an approval by PMDA (Japan’s Pharmaceuticals and Medical Devices Agency) to commercially launch its Thermogard XP (TGXP) Temperature Management System that aids treatment during sudden cardiac arrest. Some of the major companies in the global patient temperature management market include:

• Stryker Corporation

• Medtronic

• ZOLL Medical Corporation

• Bard Medical, Inc.

• Cincinnati Sub-Zero Products, LLC

• 3M Company

• Smiths Medical, Inc.

• Geratherm Medical AG

• The 37Company

• Inditherm Plc;

• Atom Medical Corporation

Patient Temperature Management Market 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 2018 to 2030. For this study, Grand View Research has segmented the global Patient Temperature Management market report based on the product, application, end use, and region:

• Patient Temperature Management Market Product Outlook (Revenue, USD Million; 2018 - 2030)

  • Patient Warming Systems

    • Conventional Warming Systems

    • Surface Warming Systems

    • Intravascular Warming Systems

  • Patient Cooling Systems

    • Conventional Cooling Systems

    • Surface Cooling Systems

    • Intravascular Cooling Systems

• Patient Temperature Management Market Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Surgery

  • Cardiology

  • Pediatrics

  • Neurology

  • Orthopedic Surgery

  • Others

• Patient Temperature Management Market End Use Outlook (Revenue, USD Million; 2018 - 2030)

  • Operating Room

  • Neonatal ICU

  • Emergency Room

  • ICUs

  • Others

• Patient Temperature Management Market Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • Spain

    • France

    • Italy

    • Russia

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Singapore

    • Australia

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • South Africa

    • Saudi Arabia

    • UAE