Patient Temperature Management Market Size, Share & Trends Analysis Report By Product (Patient Warming Systems, Patient Cooling Systems), By Application, By End Use, By Region, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The global patient temperature management market size was estimated at USD 3.8 billion in 2023and is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030. The increasing volume of surgical procedures is one of the significant factors impacting the market growth. The 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 the multiplication of cancer cells in the patient’s body.

To combat this problem, patient warming systems are used along with radiation therapy and chemotherapy. In addition, increasing incidences of heart attack and stroke are also considered a significant driver impacting the market's growth. For instance, as per an article published by American College of Cardiology Foundation in August 2022, the incidence of stroke is estimated to grow by 33.8% or 15 million between 2025 - 2060 in the U.S.

As per Texas Heart Institute, an estimated 500,000 coronary bypass procedures are performed annually. As per the medical literature, post-administration of anesthesia, a significant reduction in body temperature is recorded. Therefore, under such conditions, different warming systems are deployed to delay intraoperative hypothermia. Thereby, by adopting these systems, risk can be minimized at both pre- and post-surgery.  

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. Moreover, key strategic initiatives such as collaboration and partnership propel market growth. For instance, in April 2023, Augustina Surgical Inc. partnered with Baxter to launch the Baxter Patient Warning system. The growing need for modern temperature management systems has led to the introduction of a wide range of surface warming and cooling systems, accelerating market growth.

Market Concentration & Characteristics

With rising demand for conventional warming and cooling systems, there is a growing need for modern temperature management systems. The introduction of a wide range of surface warming and cooling systems by the major players is expected to lead to a booming market for patient temperature management system. Some leading products in convective patient warming systems are the WarmTouch WT 6000 Warming Unit, Bair Hugger, Mistral-Air Forced Air System, and WarmAir Convective Warming.

In the U.S., patient temperature management devices are regulated by the FDA, which classifies these devices based on their intended use and potential risks. For instance, many patient temperature management devices used in healthcare settings fall under the class II or class I category, depending on their complexity and potential risks.

The growing chronic condition across the globe is expected to propel market growth. For instance, according to the Centers for Disease Control and Prevention (CDC), over 100 million people have hypertension in the U.S. Hypertension further increases the risk of heart disease. Similarly, the growing number of neurological disorders across the globe is expected to drive market growth. In the U.S., more than 1 million adults are diagnosed annually with chronic brain diseases.

Product Insights

Based on product, the patient warming systems segment led the market with the largest revenue share of 73.2% in 2023, and is anticipated to grow at the fastest CAGR of 9.2% during the forecast period. It is due to their frequent usage during surgeries involving general anesthesia. General anaesthesia 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.

The patient cooling systems are expected to grow at the fastest CAGR during the forecast period. This is due to the rising number of cardiac surgeries and the requirement of low temperatures to eliminate adverse neurologic outcomes and related brain trauma injuries. Patients with traumatic brain injury furthermore require cold temperatures to minimize the risk of adverse neurologic outcomes and enhance survival rate along with significant product launched. For instance, in September 2022, Emanuel Cancer Center launched a cooling system, DigniCap which can be managed through touch screen display and attached cooling cap.

Application Insights

In terms of application, the general surgery segment held the market with the largest revenue share of 32.2% in 2023 and is anticipated to grow at the fastest CAGR of 9.7% over the forecast period. The patient warning systems factors supporting this growth includes rising number of cardiac and gynecology surgeries. For instance, as per National Institute of Health’s article, an estimated 2 million open heart surgeries are performed around the world. Temperature management systems are also largely used in pre, post, and perioperative surgical procedures. In addition, these devices help address surgical site complications.

The cardiology segment is expected to witness significant CAGR 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 heart attacks. Cardiac diseases, such as stroke and heart attack, need cold temperatures for eliminating any risk of traumatic brain injuries, thereby generating high demand for cooling devices in the country.

End-use Insights

Based on end-use, the operating room segment held the market with the largest revenue share of 28.4% in 2023 and is expected to witness the fastest CAGR of 9.7% during the forecast period. During different stages of surgeries, patients require specific temperature within the operating room to reduce the surgical complications. For example, patients undergoing cardiac surgeries often require cooling therapies, however, patients who are given with anesthesia before surgery need warming therapies. Thus, with the surge in surgeries, the demand for these products is expected to remain high.

Moreover, the neonatal care segment is estimated to offer lucrative opportunities due to the rising number of childbirth and premature deliveries, requiring huge support with temperature management devices in neonatal care. Moreover, there is a risk of hypothermia in premature infants as they are exposed to cold temperatures in neonatal care. Hence, they are kept warm using patient warming systems in neonatal care.

Regional Insights

North America market dominated the market with the revenue share of 38.4% in 2023. This high share is attributable 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. In addition, the market is significantly driven by an increase in the geriatric population, which is more susceptible to chronic diseases that result in various disorders, such as gastrointestinal disorders, metabolic disorders, and neurological disorders. For instance, according to the U.S. Census Bureau, in 2022, about 17.3% of the population in the U.S. was aged 65 and above.

The U.S. market is expected to grow at the fastest CAGR over the forecast period, due to increasing prevalence of various chronic diseases, including neurological conditions, and is also anticipated to expand the applications of patient temperature management devices during the forecast period. According to The Alzheimer's Association's 2022 Report, about 6.5 million individuals were living with Alzheimer’s disease in the U.S. in 2022.

Europe market was identified as a lucrative region in this industry. The market remained unaffected by the economic downturn in European countries mainly due to the presence of sophisticated healthcare infrastructure, high awareness among patients & practitioners, the growing geriatric population, especially in the Western European region, the rising prevalence of preterm births, and introduction of industry-friendly regulations.

The UK market is expected to grow at the fastest CAGR over the forecast period, due to several compelling factors that have fueled the demand for these medical devices across diverse healthcare settings. The UK has a sizable healthcare system, creating a consistent demand for medical products and a receptive attitude toward innovative technologies.

The France market is expected to grow at the fastest CAGR over the forecast period, due to the demand for market is on the rise, driven by several key factors, including the increasing geriatric population and the growing burden of chronic diseases. According to the World Bank, the geriatric population in France has risen from 18% in 2012 to 20.8% in 2020. This demographic shift has contributed to a significant prevalence of chronic diseases in the country.

The Germany market is expected to grow at the fastest CAGR over the forecast period, due to the Germany's well-regulated reimbursement scheme plays a crucial role in driving market growth. Approximately 80.0% of the German population is covered by statutory health insurance policies, and the reimbursement system for medical devices is classified into inpatient and outpatient policies.

The Asia Pacific market is anticipated to witness significant CAGR over the forecast period. This growth owes to the presence of high growth opportunities to cater to the unmet needs of the target population, in this region. Moreover, growing number of surgeries, as well as road accidents in India and other Asian countries, also driving the market growth. Japan and China have a large elderly population, which is at a high risk of chronic conditions. Chronic illness is more common in the geriatric population, and it is expected to boost the demand for patient temperature management devices in the Asia Pacific. According to the World Hunger Education Service, around 70% of all malnourished children live in Asia. This represents high growth potential in the market.

The China market is expected to grow at the fastest CAGR over the forecast period, due to strong government support and substantial R&D investments have played a pivotal role in advancing China's devices.

The Japan market is expected to grow at the fastest CAGR over the forecast period, due to favorable government initiatives, including increased awareness of CVDs, promotion of patient safety, and improved reimbursement policies, which are contributing to the market growth.

The Saudi Arabia is expected to grow at the fastest CAGR over the forecast period, due to growing geriatric population, which is highly susceptible to chronic diseases such as cancer, diabetes, and neurological diseases.

The Kuwait market is expected to grow at the fastest CAGR over the forecast period, due to the increasing geriatric population may offer new opportunities for the market in Kuwait. Moreover, the increasing prevalence of chronic diseases is expected to further boost the application of patient temperature management devices.

Key Patient Temperature Management Company Insights

Some of the key players operating in the market include Stryker Corporation, Belmont Medical, Becton Dickinson and Company, and 3M Company.

• Stryker Corporation is a medical technology company with operations in more than 75 countries. The company provides innovative medical, surgical, neurotechnology-related, orthopedic, & spine products and services that enhance healthcare outcomes for patients.  The company sells products through its subsidiaries, distributors, and third-party dealers

• Belmont Instrument mainly manufactures, markets, & provides patient temperature and fluid management solutions to medical facilities, EMS settings, & military combat fields. The company is renowned for its innovative and reliable devices that play a crucial role in maintaining hemodynamic stability & temperature control during various medical procedures

• Gentherm Medical, The Surgical Company, and ICU Medical are some of the emerging market participants in the market.

• Gentherm Medical, a division of Gentherm, Inc., stands at the forefront of medical technology, specializing in advanced thermal management solutions

• ICU Medical, Inc. is a prominent medical technology company specializing in the development, manufacturing, & distribution of innovative medical devices and solutions primarily focused on critical care & infusion therapy

Recent Developments

• In August 2023, Attune Medical entered into a non-exclusive agreement of distribution with Gentherm Medical Ag to offer Blanketrol III Heat Exchangers to ensoETM users

• In January 2022, ICU Medical Inc. announced the acquisition Smiths Medical from parent company Smiths Group plc. This acquisition involved obtaining the business of Smiths Medical, including ambulatory infusion devices & syringes, vital care products, and vascular access

• In October 2020, Gentherm Medical received 510(k) clearance from the FDA and introduced the ASTOPAD Patient Warming System in the U.S. The ASTOPAD system is suitable for use across all surgical procedures, aiding in the prevention and management of patient hypothermia during their perioperative course

Patient Temperature Management Market Report Scope

Global Patient Temperature Management Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the global patient temperature management market based on the product, application, end-use and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Patient Warning Systems

    • Conventional Warning Systems

    • Surface Warning Systems

    • Intravascular Warning Systems

  • Patient Cooling Systems

    • Conventional cooling Systems

    • Surface Cooling Systems

    • Intravascular Cooling Systems

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • General Surgery

  • Cardiology

  • Pediatrics

  • Neurology

  • Orthopaedic Surgery

  • Thoracic Surgery

  • Others

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Operating rooms

  • Neonatal Care

  • ICUs

  • Emergency room

  • Preoperative Care Units

  • Postoperative Care Units

  • Acute Care

  • Burn Centers

  • Cath Labs

  • Neurological Care Units

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

  • U.S.

  • Canada

  • Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Sweden

  • Norway

  • Denmark

  • Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • Thailand

  • South Korea

  • Latin America

  • Brazil

  • Mexico

  • Argentina

  • Middle East and Africa

  • Saudi Arabia

  • South Africa

  • UAE

  • Kuwait