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Patient Temperature Management Market Size - By Product Type (Patient Warming Systems, Patient Cooling Systems), By Application (Cardiology, Orthopedics, Neurology), By End-Use (Hospitals, ASCs, Specialized Clinics, Neonatal Care Units) & Forecast, 2024 – 2032


Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Patient Temperature Management Market Size - By Product Type (Patient Warming Systems, Patient Cooling Systems), By Application (Cardiology, Orthopedics, Neurology), By End-Use (Hospitals, ASCs, Specialized Clinics, Neonatal Care Units) & Forecast, 2024 – 2032

Patient Temperature Management Market Size

Patient Temperature Management Market size was valued at USD 3.4 billion in 2023 and is estimated to grow at 5.6% CAGR from 2024 to 2032. Increasing prevalence of chronic conditions such as cancer, infectious diseases, and cardiovascular disorders are among the significant driving factors for the market growth. Cancer is a leading cause of morbidity and mortality worldwide, and surgical resection is a common treatment modality for many cancer types.

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For instance, according to the International Agency for Research on Cancer (IARC), in 2022, there were 20 million new cancer cases and 9.7 million cancer deaths worldwide. Patients undergoing cancer surgeries, such as mastectomy, abdominal surgeries, and tumor resections, are at risk of perioperative hypothermia due to prolonged anesthesia exposure and intraoperative exposure to cold environments.
 

Patient Temperature Management Market Report Attributes
Report Attribute Details
Base Year 2023
Patient Temperature Management Market Size in 2023 USD 3.4 Billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 5.6%
2032 Value Projection USD 5.6 Billion
Historical Data for 2021 - 2023
No. of Pages 110
Tables, Charts & Figures 182
Segments covered Product Type, Application, End-use, and Region
Growth Drivers
  • Increasing prevalence of cancer and cardiovascular disorders
  • Technological advancements
  • Increasing surgical procedures
Pitfalls & Challenges
  • High cost of temperature management systems

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Further, patient temperature management devices, such as forced-air warming blankets and intravascular warming systems, are essential for maintaining normothermia during cancer surgeries, reducing the risk of surgical complications, improving wound healing, and enhancing patient recovery outcomes.

Patient temperature management refers to the process of regulating a patient's body temperature within a specific range to maintain physiological homeostasis during medical procedures, surgery, or critical care situations. This management typically involves the use of temperature management systems to adjust the patient's temperature, ensuring that it remains within a safe and optimal range to promote recovery, reduce complications, and improve overall patient outcomes.

Patient temperature management Market Trends

The latest technological advancements in patient temperature management systems include non-invasive methods and integration with other healthcare systems. These advancements aim to improve the efficiency and user-friendliness of temperature management systems.

  • For instance, the development of a new device ASTOPAD Patient Warming System developed by Gentherm Medical, uses a proprietary carbon fiber heating technology. These devices enhance patient safety and enable precise temperature control.
  • Moreover, intravascular systems have also emerged as an important development in the healthcare industry, making temperature management easier and more effective. For instance, development of Intravascular Ultrasound (IVUS) technology, a catheter-based imaging modality that uses a miniaturized ultrasound transducer mounted on the tip of a catheter to capture real-time, high-resolution images inside the vessel. This technology allows healthcare professionals to visualize the current lumen, plaques, and vessel walls, providing valuable information for procedures like stent sizing and interpreting vessel obstructions. Hence, such technological advancements are anticipated to fuel the market growth.

Patient Temperature Management Market Analysis

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Based on product type, the market is categorized into patient warming system and patient cooling system. The patient warming system segment dominates the market with a revenue of around USD 2.6 billion in 2023.

  • Healthcare professionals are increasingly recognizing the risks associated with perioperative hypothermia, including surgical site infections, coagulopathy, and cardiovascular complications. As awareness grows, there is greater emphasis on implementing strategies to prevent hypothermia, driving the adoption of patient warming systems in perioperative care.  
  • Moreover, the rise in surgical procedures globally, driven by factors such as aging populations, increasing prevalence of chronic diseases, and advancements in surgical techniques, further fuels the demand for patient warming systems.

Based on application, the patient temperature management market is categorized into cardiology, orthopedics, neurology, and other applications. The cardiology segment dominates the market with a revenue of around USD 1.2 billion in 2023.

  • As the prevalence of cardiovascular diseases (CVDs) continues to rise, there is a growing need for cardiovascular interventions and surgeries. This increasing prevalence may contribute to the rising demand for patient temperature management systems.
  • Moreover, advances in cardiac care have led to the development of complex procedures that involve prolonged surgical times, cardiopulmonary bypass, and hemodynamic instability, which is increasing the demand for therapeutic hypothermia systems. Patient warming systems are essential for maintaining normothermia and optimizing patient outcomes in these high-risk cardiac procedures.

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Based on end-use, the patient temperature management market is categorized into hospitals, ambulatory surgical centers, neonatal care units, specialized clinics, and other end-users. The hospitals segment held a leading market share in the market with a revenue of around USD 1 billion in 2023.

  • Hospitals are major hubs for surgical procedures, ranging from routine surgeries to complex interventions. The high volume of surgeries performed in hospitals drives the demand for patient temperature management systems to maintain normothermia and improve patient outcomes.
  • Moreover, hospitals encompass various critical care units, including operating rooms, post-anesthesia care units (PACUs), intensive care units (ICUs), emergency departments, and labor and delivery suites. Temperature management is essential in these settings, contributing to their adoption in hospital settings.

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North America patient temperature management market accounted for USD 1.3 billion in revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.

  • Favorable reimbursement scenarios and increasing healthcare expenditure in the region are driving the market for patient temperature management systems. These factors make it easier for healthcare providers to afford these systems, leading to higher adoption rates.

The U.S. held a dominant position in the patient temperature management market, with a revenue of USD 1.2 billion in 2023.

  • Hospitals aim to minimize the risk of hospital-acquired infections (HAIs) and maintaining proper patient temperature is a part of infection control measures. Hypothermia can weaken the immune system, making patients more susceptible to infections, and thus, maintaining optimal body temperature is important for reducing HAIs.
  • Additionally, growing awareness among healthcare professionals about the importance of maintaining normothermia during medical procedures is a significant factor driving the growth of patient temperature management systems in the U.S. 

Japan patient temperature management industry is anticipated to witness substantial growth during 2024-2032.

  • Japan has significant elderly population, leading to a higher prevalence of chronic diseases and surgical interventions.
  • This rise in the geriatric population may result in the growing demand for surgical procedures, thereby propelling the patient temperature management industry growth in the country.

China exhibits a high growth potential in the patient temperature management market over the forecast period.

  • Government initiatives aimed at improving healthcare quality and patient safety, such as the Healthy China 2030 initiative, support the adoption of advanced medical technologies, including patient temperature management system in the country.

Europe healthcare systems prioritize patient safety and outcomes. Hospitals, ambulatory surgical centers, and other healthcare facilities are investing in advanced patient warming and cooling systems to reduce complications and improve clinical outcomes, that is anticipated to boost the Europe patient temperature management market growth.

  • Additionally, U.K. is home to leading research institutions and medical device manufacturers, driving innovation in patient temperature management technologies. Ongoing research and development efforts lead to the introduction of advanced warming and cooling systems in the U.K. market.

Patient Temperature Management Market Share

The patient temperature management industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel systems with improved efficiency and cost-effectiveness are key market strategies for the manufacturers, driving competition and innovation in the patient temperature management industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced patient temperature management systems.

Patient Temperature Management Market Companies

Some of the eminent market participants operating in the patient temperature management industry include

  • 3M Company
  • Atom Medical Corp.
  • Baxter International, Inc.
  • Becton, Dickinson and Company
  • Cincinnati Sub-Zero Products, LLC
  • Dragerwerk AG & Co. KGaA
  • GENTHERM
  • Medtronic plc
  • ICU Medical, Inc.
  • Stryker Corporation
  • Zoll Medical Corporation

Patient Temperature Management Industry News

  • In January 2024, ZOLL, an Asahi Kasei company, received U.S. FDA clearance and the CE mark for a significant upgrade to the versatility of the Thermogard Temperature Management System. This upgrade makes the Thermogard System the first and only system to offer both core and surface-based temperature management treatment options, providing a comprehensive solution for personalized patient care with precise temperature control and intelligent analytics. This approval is expected to improve the company’s positioning and reputation in the patient temperature management system market.
  • In January 2021, Medtronic received FDA approval for the DiamondTemp Ablation System, which is used to treat patients with atrial fibrillation. This innovative system is the first FDA-approved, temperature-controlled, irrigated radiofrequency ablation system with diamonds. This approval enabled the company to expand its product portfolio and potentially increase revenue streams.

The patient temperature management market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments

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Market, By Product Type

 

  • Patient warming systems
    • Conventional warming system
    • Surface warming system
    • Intravascular warming system 
  • Patient cooling systems
    • Conventional cooling system
    • Surface cooling system
    • Intravascular Cooling system

By Application

  • Cardiology
  • Orthopedics
  • Neurology
  • Other applications

By End-use

  • Hospitals
  • Ambulatory surgical centers
  • Neonatal care units
  • Specialized clinics
  • Other end-users

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

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