Patient Warming Devices Market Opportunity Analysis, 2018-2026

Patient warming devices are used by healthcare professionals during surgeries and for intra-hospital patient transfer. Severely wounded patients may suffer or die from hypothermia and these patient warming devices have proven to be very effective in such cases. Physiological temperature often drops down during major operations such as cardiovascular and others, where rewarming becomes important so as to avoid any complications during the procedure. Patient warming devices can help to achieve normothermia by preventing any sudden body heat loss, leading to faster recovery.

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Patient warming devices include catheters, temperature monitors, and cooling jackets. Hot intravenous fluid is introduced via catheter in the patient’s system, while monitoring the temperature between 50o C and 100o C, avoiding any tissue damage. To avoid any significant entry site and endothelial damage due to hot fluid, the catheter is surrounded by a cooling jacket, which carries unheated fluid between the gaps. Patient warming devices can substantially decrease chances of postoperative wound infection and myocardial infarctions, mortality rates, and ICU time, along with hospital stay. These factors are accelerating growth of the patient warming devices market.

Rising number of surgical procedures is expected to boost the market growth

Anesthesia in surgery procedures causes a perioperative temperature drop in patients and is the main cause of inadvertent perioperative hypothermia (IPH), which requires instant management. According to American Society of Anesthesiologists (ASA), successful surgery outcomes can be assured with the help of extensive perioperative temperature management within the normothermic range. Furthermore, ASA states that around 50% of the U.S. surgical patients suffer from IPH, which can be reduced by using patient warming devices, in turn, fueling growth of the patient warming devices market.

Increasing prevalence of chronic diseases, primarily cardiovascular and cancer conditions, require patients to undergo surgeries in critical cases. According to World Health organization (WHO), around 300 million surgeries were performed in 2012, the number for which has exponentially increased over the recent past, in turn, boosting growth of the patient warming devices market.

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North America is expected to hold a dominant position in the market over the forecast period due to increasing prevalence of chronic diseases, robust healthcare infrastructure, and growing geriatric population, which is highly susceptible to cardiovascular diseases. According to Agency for Healthcare Research and Quality (AHRQ), 22 million surgeries were performed in 2014, which in turn, has driven growth of the patient warming devices market. Asia Pacific is expected to witness highest growth rate over the forecast period due to factors such as improving healthcare infrastructure, government efforts towards improving healthcare facilities, and increasing medical tourism. For instance, in 2014, Indonesia’s government launched Jaminan Kesehatan Nasional, a programme, which aims to provide basic care to the entire country by 2019.

Key players operating in the patient warming devices market include 3M Health Care, Smiths Medical, Medtronic plc, ZOLL Medical Corporation, Stryker Corporation, GE Healthcare, Philips Healthcare, C. R. Bard, Inc., and Inspiration Healthcare.

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