The global patient temperature management market size was valued at USD 2.64 billion in 2018 and is expected to witness attractive CAGR of 8.5% over the forecast period. Increasing number of surgical procedures is one of the significant factors positively impacting the growth.
Large number of surgical procedures are being performed globally. Estimates from the Texas Heart Institute indicate over 500,000 coronary bypass procedures are performed each 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.
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 body. Patient warming systems are used along with radiation therapy and chemotherapy to counter this problem. In addition, increasing incidence of heart attack and stroke is also considered as a significant growth driver. During such instances, the body needs to be relatively cooler to increase survival rate and enable normal brain functioning. Technological advancements are also projected to boost the 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, which has further accelerated growth of the patient temperature management market. 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, underbody, full body, and others.
Patient warming systems led the market in 2018 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, 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 showcase lucrative growth over the forecast period, 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 to minimize the risk of adverse neurologic outcomes and to enhance survival rate.
Surgery held the largest market share in 2018. 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 over the forecast period due to the increasing prevalence of cardiovascular diseases. According to The Heart Foundation, in U.S., every year around 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 high demand for cooling devices.
Operating room segment generated the largest revenue in 2018 and is anticipated to showcase lucrative growth over the forecast period. During pre-, post- and perioperative surgeries, specific temperature is required in the operating room 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 2018, 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.
In 2018, North America led the market due to rising number of cardiac surgeries and increasing healthcare expenditure in U.S. The country also has a favorable reimbursement scenario, thus, driving the penetration of temperature management systems.
Asia Pacific is expected to showcase lucrative 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 the National Health Mission, there was a 10-fold rise in the number of surgeries in India between 2009-2010 and 2014-2015.
In addition, based on the World Heart Federation, the prevalence of cardiovascular diseases, such as stroke and ischemic heart disease, is projected to rise by 50% in China between 2010 and 2030. Hence, growing number of surgeries as well as road accidents in India are also projected to drive the regional market growth.
Some of the major companies in the 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; and Atom Medical Corporation.
Major companies are adopting initiatives such as mergers and acquisitions, new product developments, and geographical expansions to cater to the rising needs of patients. For instance, in March, 2016, ZOLL Medical Corporation announced that its Japanese subsidiary, Asahi Kasei ZOLL Medical Corp. has received an approval by the Japan’s Pharmaceuticals and Medical Devices Agency (PMDA) to commercially launch its Thermogard XP (TGXP) Temperature Management System that aids treatment during sudden cardiac arrest.
Base year for estimation
Actual estimates/Historic data
2015 - 2017
2019 - 2026
Revenue in USD Million & CAGR from 2019 to 2026
North America, Europe, Asia Pacific, Latin America & MEA
U.S., Canada, U.K., Germany, Spain, France, Italy, Russia, Japan, India, China, South Korea, Singapore, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE
Revenue forecast, company share, competitive landscape, growth factors and trends
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This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global patient temperature management market report on the basis of product, application, end use, and region:
Product Outlook (Revenue, USD Million, 2015 - 2026)
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, 2015 - 2026)
End Use Outlook (Revenue, USD Million, 2015 - 2026)
Regional Outlook (Revenue, USD Million, 2015 - 2026)
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