Temperature Management Market size was USD 2.7 billion in 2022 and is expected to reach USD 3.8 billion by 2030, growing at a CAGR of 4.11% between 2023 and 2030.
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Temperature management systems are commonly used to control and manage the body temperature monitoring system of patients during surgical procedures. These systems lower the body temperature by cooling the body through therapeutic hypothermia and then maintain the body at the normal temperature. Temperature management systems are widely used in operating rooms, critical care diagnostics units, emergency care, and neonatal care units. Increase in prevalence of cardiovascular diseases such as stroke or sudden cardiac arrest is a major factor anticipated to drive the demand for temperature management systems. Patient cooling systems are widely used to rapidly cool the body in order to reduce cell death and damage that occurs post acute ischemic events and stroke. These systems help to minimize or prevent injuries such as adverse neurological outcomes and enable normal functioning of the brain. However, high cost of intravascular temperature management systems is expected to hinder the growth of the market in the coming years.
The global temperature management market is categorized based on product, application, end-use, and region. Based on product, the temperature management market is segmented into patient warming systems and patient cooling systems. Patient warming systems segment held the largest share of the market in 2018 owing to wide adoption of surface temperature management in order to reduce the risk of hypothermia during surgical procedures. On the basis of end-use, neonatal intensive care units segment is expected to witness substantial growth over the forecast period. Geographically, North America dominated the global temperature management market in 2018, however, Asia Pacific is expected to be the fastest growing region by 2025.
Key players operating in the global temperature management market include Medtronic plc, Zoll Medical Corporation (Asahi Kasei), Becton, Dickinson and Company, 3M Company, Gentherm Incorporated, Stryker Corporation, Smiths Medical, the 37Company, Hirtz & Co. KG, Geratherm Medical AG, ATom Medical Corporation among others.
Temperature Management Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD 3.8 billion |
| Growth Rate | CAGR of 4.11 % during 2023-2030 |
| Segment Covered | By Product Type, By Application, End User, Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | 3M Company, Cincinnati Sub-Zero Products, LLC, C.R. Bard, Inc., Zoll Medical Corporation, Smith Medicals, Stryker Corporation, Medtronic plc, Ecolab, and The Surgical Company |
Key Segment Of The Temperature Management Market
By Product Type (USD Billion)
o Patient Warming Systems
• Conventional Warming Systems
• Surface Warming Systems
• Intravascular Warming Systems
o Patient Cooling Systems
• Conventional Cooling Systems
• Surface Cooling Systems
• Intravascular Cooling Systems
By Application (USD Billion)
• General Surgery
• Cardiology
• Neurology
• Pediatrics
• Others
By End User, (USD Billion)
• Hospitals
• Ambulatory Surgical Center
• Specialty Clinics
• Others
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
the temperature management market is growing at a CAGR of 4.11% during the forecast period.
The market value of temperature management market in 2030 was USD 3.8 billion .
The Global temperature managementt Market is Segmented on the basis of Product,Application,End-use,Regions.