Global Patient Temperature Management Systems Market Worth US$ 2,860 Mn By 2022
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Patient temperature management systems have become a necessary part of several types of medical treatments. For example, patient temperature management systems are used in surgeries to prevent excessive blood loss and for a rapid recovery post-surgery. In some cases such as heart surgeries, the body heat of a patient is reduced, which is done through the process of blood cooling and this done for reducing surgical complications. Even for patients undergoing treatment for cancer, patient temperature management systems are used to raise the body temperature for effective and efficient chemotherapy or radiation therapy procedures. Patient temperature management systems are also used in neonatal care, where in order to reduce body temperature fluctuations in new born babies, they are kept in incubators. With a going number of surgeries throughout the world, the market for patient temperature management systems is increasing manifold. However, the high cost associated with patient temperature management systems may hamper the market growth.
The global patient temperature management systems market is slated to touch a value of nearly US$ 2,860 Mn in the year 2022 and grow at a steady CAGR during the assessment period.
North America Market Set to Dominate the Global Patient Temperature Management Systems Market in Terms of Revenue
The market in North America is set to dominate the global patient temperature management systems market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America patient temperature management systems market is the most attractive market, growing at a steady CAGR over the assessment period.
Conventional Warming Systems Segment Poised to Touch a Value of Nearly US$ 1,050 Mn in 2022
As per the forecast of Fact.MR, the conventional warming systems segment is expected to reach a value of nearly US$ 1,050 Mn in the year 2022. This represents a steady CAGR during the forecast period of 2017-2022. Conventional warming systems segment is expected to account for more than one-third of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.
Hospitals End User Segment to exhibit a CAGR of 5.2% During the Assessment Period
As per the forecast of Fact.MR, the hospitals end user segment is slated to touch a figure of nearly US$ 1,590 Mn in the year 2022. This represents a CAGR of 5.2% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The hospitals end user segment is expected to account for more than half of the revenue share of the end user segment by the year 2017.
The report also profiles companies that are expected to remain active in the expansion of global patient temperature management systems market through 2022, which include Gentherm Incorporated, C. R. Bard, Inc., Inspiration Healthcare Group plc, Medtronic plc, Smiths Group plc, Stryker Corporation, Asahi Kasei Corporation and 3M Company.
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Table of Content
1. Global Patient Temperature Management Systems Market - Executive Summary
2. Global Patient Temperature Management Systems Market Overview
2.1.1. Global Patient Temperature Management Systems Market Taxonomy
2.1.2. Global Patient Temperature Management Systems Market Definition
2.2. Global Patient Temperature Management Systems Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Patient Temperature Management Systems Market Y-o-Y Growth
2.3. Global Patient Temperature Management Systems Market Dynamics
2.5. Supply Chain
2.6. Cost Structure
2.7. Average Pricing Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Patient Temperature Management Systems Market Analysis and Forecast By Product Type
3.1. Global Patient Temperature Management Systems Market Size and Forecast By Product Type, 2012-2022
3.1.1. Conventional Warming Systems Patient Temperature Management Systems Market Size and Forecast, 2012-2022
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
3.1.2. Surface Warming Systems Patient Temperature Management Systems Market Size and Forecast, 2012-2022
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
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