Patient Temperature Management System Market Insights – Higher or Lower Everything Tends To Be Normal

New entrants launching novel products contribute to the patient temperature management system market growth

Attune Medical, formerly known as Advanced Cooling Therapy, founded in 2014, received an Innovative Technology contract for demonstrating an enhanced ability to improve clinical care or patient safety, from Vizient, Inc., for its Esophageal Cooling Device (ECD), in 2017. Furthermore, in May 2018, Attune Medical received FDA clearance for its EnsoETM, also known as ECD, which is a targeted temperature management device to warm patients with Cincinnati Sub-Zero’s Norm-O-Temp, a hyperthermia system. The company also received clearance for using EnsoETM with Medi-Therm III by Stryker in 2015. Increasing number of such clearances to use products in combination with products of major manufacturers such as Stryker and Cincinnati Sub-Zero Products, LLC, in turn, is expected to boost the company’s market share. Moreover, VitaHEAT Medical also received innovative technology contract from Vizient, Inc. for its VitaHeat UB3 Patient warming solution in 2017.

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Asia Pacific Patient Temperature Management System Market to exhibit fastest growth over the forecast period

North America patient temperature management systems market holds dominant position amongst regional segment owing to high prevalence of cardiac disorders due to increasing sedentary life style, suggesting large pool of population subjected to surgery. For instance, according to Center for Disease Control and Prevention’s (CDC), Heart Disease and Stroke Statistic 2017, around 92.1 million adults were suffering from one or the other form of cardiovascular disease or suffered from stroke in the past, in the U.S. Such high patient population subjected to cardiac surgery coupled with high adoption of advanced products in the region is expected to boost growth of the market in the region over the forecast period.

Additionally, according to 3M Corporation over 80% of the U.S. hospitals used Bair Hugger, a patient temperature management system, to maintain the body temperature of patients in normal range before, during, and after a surgery. However, Asia Pacific patient temperature management system market is expected to demonstrate rapid growth, owing to increasing market penetration in emerging economies such as India and China. For instance, in 2013, BSD Medical Corporation’s Chinese distributor, Dalian Orientech Co. Ltd., received China’s FDA approval for the BSD-2000, patient warming system.

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