Patient Temperature Management System Market Comprehensive Analysis, Major Drivers and Recent Trends 2019 -2026

DataM Intelligence
13 June 2019
Berlin, Germany
The market report titled ‘Global Patient Temperature Management System Market - Size, Share and Forecast (2019 - 2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

The Global Patient Temperature Management System Market Dynamics
The rising number of clinical incidents is driving the demand for patient temperature management systems. There has been a tremendous increase in surgical treatments, which require maintaining core body temperature. The application of anesthesia causes a drop in body temperature, which warrants a temperature management system which stops further intraoperative hypothermia.
Increasing cases of cardiac diseases and incidents of stroke also contribute to the high demand for implementation of patient temperature management systems. The multiplication of cancer cells owing to the drop in body temperature is another concern which needs to be countered using patient warming systems which are administrated along with chemotherapy. Hence, the implementation of patient temperature management systems, which are demanded by the increasing medical requirements drives the growth of global patient temperature management system market.

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The Global Patient Temperature Management System Market – Segment Analysis
By type, the global patient temperature management system market is segmented into patient warming systems and patient cooling systems. Among these, patient warming systems are dominating the market during the forecast period, owing to the increasing demand in surgical treatments.
Based on application, patient temperature management systems market is segmented into surgery, pediatrics, neurology, cardiology, and others. Among these, surgery holds the largest market share during the forecast period. Cardiology segment will have lucrative growth during the forecast period (2019-2026) due to increasing cardiac patients. According to the CDC( Centre for Disease Control and prevention ), every year, about 735,000 Americans have a heart attack with a rate of rising of nearly 350%.
Based on end-users, the market is segmented into Operating Room, ICU (Intensive care unit ), Emergency Rooms, and others. Operating Room segment has the largest market share in 2018, and expected to have tremendous growth during the forecast period (2019-2026).

The Global Patient Temperature Management System Market – Geographical Analysis
The North-America accounted for highest market share in 2018 and estimated to remain dominant over the forecast period due to the well developed medical infrastructure, and current reimbursement policies favor new technologies, which in turn contributes to the growing market of patient temperature management systems.
The prevalence of cardiac cancer patients demands the implementation of adequate patient temperature monitoring, which also contributes to the patient temperature system market share. For instance, in 2018, the prevalence of cardiovascular disease was about 48% and nearly 121.5 million adults in the US which have shown a significant increase from the past year and expected to increase further Over the forecast period (2019-2026).

The Global Patient Temperature Management System Market- Competitive analysis
The market is witnessing high competition with the entry of new players. Key players are adopting some key strategies like mergers, acquisitions, new product development and launches, and regional expansions. With the increasing demand for new medical technologies in the APAC region, many key players are expanding their market to Asian economies such as India and China.
Some of the major players in the market are Cincinnati Sub-Zero Products, LLC( a subsidiary of Geotherm), Stryker Corporation, Bard Medical, Inc., ZOLL Medical Corporation, Medtronic, Inc, 3M Company, Geratherm Medical AG, The 37Company, Medtronic Plc, Inditherm Plc (Inspiration Healthcare), Smiths Medical, Inc., and Atom Medical Corporation

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Table of contents overview -
1. Global Patient Temperature Management System Market Methodology and Scope
2. Global Patient Temperature Management System Market – Market Definition and Overview
3. Global Patient Temperature Management System Market – Executive Summary
4. Global Patient Temperature Management System Market – Market Dynamics
5. Global Patient Temperature Management System Market – Industry Analysis
6. Global Patient Temperature Management System Market – By type
7. Global Patient Temperature Management System Market – By application
8. Global Patient Temperature Management System Market – By end-user
9. Global Patient Temperature Management System Market – By Region
10. Global Market – Competitive Landscape
11. Company Profiles
12. Global Patient Temperature Management System Market – Premium Insights
13. Global Patient Temperature Management System Market – DataM

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About DataM Intelligence
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

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