Temperature management system helps maintain and regulate body temperature of the patient in recovery rooms, operating theaters, intensive care units, and other areas of hospitals. Several diseases are characterized by a change in body temperature. Temperature plays a crucial role in medical care (both humans and animals). Our overall health is often reliant upon temperature in many ways. These systems are critical for patients in every setting. Moreover, maintaining temperature levels in medical cold storage areas is also critical.
Market Dynamics:
High demand for temperature management devices or systems due to increasing prevalence of chronic diseases and increasing number of surgeries around the world is expected to augment the growth of the global Temperature Management Market over the forecast period. For instance, in October 2020, Gentherm announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) and has launched the ASTOPADTM Patient Warming System in the United States. The ASTOPAD system can be utilized in all surgical procedures and helps prevent and treat hypothermia in patients throughout the perioperative journey.
Key features of the study:
- This report provides in-depth analysis of the global Temperature Management Market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global Temperature Management Market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include 3M, Zoll Medical Corporation, Stryker Corporation, Smith Medical Inc., Geratherm Medical AG, Dragerwerk AG & Co. KgaA, Atom Medical Corporation, Cincinnati Sub-Zero Products LLC, Medtronic PLC, and Becton, Dickinson and Company, among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global Temperature Management Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Temperature Management Market.
Detailed Segmentation:
- Global Temperature Management Market, By Product Type:
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- Patient Warming Systems
- Patient Cooling Systems
- Global Temperature Management Market, By Application:
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- Cardiology
- Orthopaedics
- Neurology
- Other Applications
- Global Temperature Management Market, By End User:
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- Operating Rooms
- Intensive Care Units
- Emergency Rooms
- Other End Users
- Global Temperature Management Market, By Geography:
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- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa