Temperature Management Systems Market Forecast to 2026: 3M (US), Smiths Medical (US), ZOLL Medical (US), Becton, Dickinson, and Company (US), Drägerwerk (Germany)

Temperature Management Systems Market report is wide-ranging and object-oriented which is framed after the combination of an admirable industry experience, talent solutions, industry insight, and most modern tools and technology. A thorough analysis has been performed in this report to know the potential of the market in the present and the future prospects from various angles. This market report is built by chewing over several fragments of the present and upcoming market scenario because an utter way to forecast what the future holds is to comprehend the trend today. Temperature Management Systems Market research report helps the clients get familiar with the various drivers and restraints influencing the Medical Devices industry.

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A data triangulation method has been utilized for this purpose which has plentiful components such as data mining, analysis of data variable effect on the market, and primary or industry expert validation. Temperature Management Systems Market analysis report provides statistics on the current state of the industry as a precious source of guidance and direction for companies and investors interested in the Medical Devices industry. Additionally, this market research report provides a meticulous investigation of the current scenario of the market which covers several market dynamics. The report will lend a hand in making a decision regarding the market.

The temperature management market is projected to reach USD 3.3 billion by 2026 from USD 2.7 billion in 2021, at a CAGR of 3.6% during the forecast period.

List of Companies Profiled in the Report

3M (US)
Smiths Medical (US)
ZOLL Medical (US)
Becton, Dickinson, and Company (US)
Drägerwerk (Germany)
Ecolab (US)
GE Healthcare (US)
Gentherm (US)
Geratherm Medical (Germany)
Inspiration Healthcare (UK)
Medtronic (Ireland)
Stryker Corporation (US)
The Surgical Company (Netherlands)
Adroit Medical Systems (US)
Attune Medical (US)
Augustine Surgical (US)
Belmont Medical Technologies (US)
Biegler GmbH (Germany)
Encompass Group (US)
Enthermics (US)
Hirtz & Co. KG (Germany)
Istanbul Medikal Ltd (Istanbul)
Life Recovery Systems (US)
MedCare Visions GmbH (Germany)
Vyaire Medical, Inc. (US)

The growth in this market is largely driven by the increasing global incidence of chronic conditions and the subsequent increase in the number of surgical procedures. The growing number of contracts and agreements between market players is also expected to offer a wide range of growth opportunities for market players during the forecast period. However, the high cost of intravascular temperature management systems is restraining the growth of this market

“Patient Warming Systems segment accounted for the largest share of the temperature management systems market, by medical specialty, in 2020”

Based on the product, the temperature management market is segmented into patient warming and cooling systems. The patient warming systems segment accounted for the largest share of the temperature management market in 2020. The rising demand for these systems in diverse hospital settings and the increasing adoption rate of invasive warming in surgical procedures are the major factors driving the growth of this segment.

“Acute Care segment to grow at the highest CAGR of the temperature management systems market, by application in 2020”

Based on applications, the temperature management market is segmented into perioperative care, acute care, newborn care, and other applications. Among these, the acute care segment is expected to grow at the highest CAGR during the forecast period. As acute care encompasses specialized care and the support given to patients during emergencies or after undergoing surgeries in hospitals.

“North America will continue to dominate the temperature management systems market during the forecast period”

In 2020, North America accounted for the largest share of the temperature management market, followed by Europe. Factors such as the large volume of surgical procedures, growth in the geriatric population, rising incidence of cardiac arrests and neurological disorders, availability of technologically advanced products, and the presence of major players in the US are driving the growth of the temperature management market in North America. On the other hand, the market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. This is primarily attributed to growing demand for aesthetic and medical surgeries, rising incidence of cardiac arrests and CNS disorders, government efforts to increase access to elective surgeries, and improving healthcare infrastructures are the major factors supporting the growth of the Asia Pacific temperature management market

Breakdown of supply-side primary interviews, by company type, designation, and region:

By Company Type: Tier 1 (40%) , Tier 2 (30%), and Tier 3 (30%)
By Designation: C-level (27%), Director-level (18%), and Others (55%)
By Region: North America (50%), Europe (20%), AsiaPacific (15%), and Rest of the World (15%)
Some of the major players operating in this market are 3M (US), GE Healthcare (US), and Drägerwerk (US)

Research Coverage

This report studies the temperature management systems market based on product, application, medical specialty and region. The report also analyzes factors (such as drivers, restraints and opportunities) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total temperature management systems market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on temperature management systems offered by the top 25 players in the temperature management systems market. The report analyzes the temperature management systems market by product, application, medical specialty and region.

Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various securement devices across key geographic regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the temperature management systems market

Competitive Assessment: In-depth assessment of market ranking and strategies of the leading players in the temperature management systems market

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions Of The Study
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
Table 1 Exchange Rates Utilized For The Conversion To Usd
1.5 Stakeholders
1.6 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
Figure 2 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 3 Supply-Side Market Size Estimation: Revenue Share Analysis
Figure 4 Revenue Share Analysis Illustration: Geratherm Medical Ag
Figure 5 Market Size Estimation Bottom-Up Approach
Figure 6 Cagr Projections: Supply-Side Analysis
Figure 7 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
Figure 8 Data Triangulation Methodology
2.4 Market Share Analysis
2.5 Assumptions For The Study
2.6 Limitations
2.6.1 Methodology-Related Limitations
2.7 Risk Assessment
Table 2 Risk Assessment: Temperature Management Market
2.8 Growth Rate Assumptions
2.9 Covid-19 Health Assessment
2.10 Covid-19 Economic Assessment
2.11 Assessment Of The Impact Of Covid-19 On The Economic Scenario
Figure 9 Criteria Impacting The Global Economy
Figure 10 Recovery Scenario Of The Global Economy

3 Executive Summary
Figure 11 Temperature Management Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 12 Temperature Management Market, By Application, 2021 Vs. 2026 (Usd Million)
Figure 13 Temperature Management Market, By Medical Specialty, 2021 Vs. 2026 (Usd Million)
Figure 14 Temperature Management Market, By Region, 2021 Vs. 2026 (Usd Million)

4 Premium Insights
4.1 Temperature Management Market Overview
Figure 15 Growing Number Of Surgical Procedures Worldwide To Drive The Growth Of This Market
4.2 Temperature Management Market, By Product
Figure 16 Intravascular Cooling Systems To Register The Highest Cagr During The Forecast Period
4.3 North America: Temperature Management Market, By Country & Product (2020)
Figure 17 Us Dominated The North American Temperature Management Market In 2020
4.4 Temperature Management Market, By Region/Country
Figure 18 Apac To Register The Highest Growth Rate During
The Forecast Period 70
4.5 Temperature Management Market, By Medical Specialty (2021–2026)
Figure 19 General Surgery Will Continue To Dominate The Medical Specialty Segment During The Forecast Period 70

5 Market Overview
5.1 Introduction
Figure 20 Temperature Management Market: Drivers, Restraints, Opportunities, And Challenges
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Incidence Of Chronic Conditions
Table 3 Incidence Of Chronic Medical Conditions, 2015 Vs. 2020 (Million)
5.2.1.2 Rising Number Of Surgical Procedures
Table 4 Number Of Surgical Procedures, 2015 Vs. 2020 (Million)
Table 5 Uk: Number Of Cardiac Surgical Procedures Performed, 2010–2019
5.2.1.3 Increasing Number Of Hypothermia Cases
5.2.1.4 Growing Number Of Trauma Cases
5.2.2 Restraints
5.2.2.1 High Cost Of Intravascular Temperature Management Systems
Table 6 Cost Considerations While Using Invasive Cooling
5.2.3 Opportunities
5.2.3.1 Growing Number Of Contracts And Agreements Between Market Players
5.2.4 Challenges
5.2.4.1 Sustainability Of Players In The Highly Competitive Market
5.3 Covid-19 Impact Analysis
5.4 Ranges/Scenarios
5.4.1 Temperature Management Market
Figure 21 Pessimistic Scenario
Figure 22 Optimistic Scenario
Figure 23 Realistic Scenario
5.5 Regulatory Analysis
Table 7 Indicative List Of Regulatory Authorities Governing The Temperature Management Market
5.5.1 North America
5.5.1.1 Us
Table 8 Classifications Of Medical Devices By The Us Fda
Figure 24 Premarket Notification: 510(K) Approval For Medical Devices
5.5.1.2 Canada
Figure 25 Approval Process For Medical Devices In Canada
5.5.2 Europe
Figure 26 Ce Approval Process In Europe For Temperature Management Systems
5.5.3 Asia Pacific
5.5.3.1 Japan
Table 9 Classification Of Medical Devices And The Reviewing Body In Japan
5.5.3.2 China
Table 10 Nmpa Medical Devices Classification
5.5.3.3 India
5.6 Porter’s Five Forces Analysis
Table 11 Porter’s Five Forces Analysis
5.6.1 Threat From New Entrants
5.6.2 Threat From Substitutes
5.6.3 Bargaining Power Of Suppliers
5.6.4 Bargaining Power Of Buyers
5.6.5 Intensity Of Competitive Rivalry
5.7 Technology Analysis
5.8 Value Chain Analysis
Figure 27 Value Chain Analysis: Maximum Value Is Added During The Manufacturing Phase
5.9 Supply Chain Analysis
Figure 28 Distribution—A Strategy Preferred By Prominent Companies
5.10 Patent Analysis
5.10.1 Patents Granted For Temperature Management Systems
Figure 29 Patents Granted, January 2011–July 2021
5.10.2 Jurisdiction And Top Applicant Analysis
Figure 30 Top Applicants & Owners (Companies/Institutions) For Temperature Management System Patents, January 2011 To August 2021
5.10.3 Publication Trends For Temperature Management Systems
Figure 31 Published Articles On Temperature Management Products, 2010–2020
5.11 Trade Analysis
5.11.1 Trade Analysis For Temperature Management Systems
Table 12 Import Data For Hs Code 901890, By Country, 2016–2020 (Usd Million)
Table 13 Export Data For Hs Code 901890, By Country, 2016–2020 (Usd Million)
5.12 Pricing Analysis
Table 14 Average Selling Price Of Temperature Management Systems
5.13 Ecosystem Analysis
Figure 32 Temperature Management Systems Market: Ecosystem Analysis
5.13.1 Role In The Ecosystem
Figure 33 Key Players In The Temperature Management Systems Ecosystem
5.14 Trends/Disruptions Impacting Customers’ Businesses
5.14.1 Revenue Shift & Revenue Pockets For Temperature Management System Manufacturers
Figure 34 Revenue Shift For Temperature Management Systems

6 Temperature Management Market, By Product

7 Temperature Management Market, By Application

8 Temperature Management Market, By Medical Specialty
8.1 Introduction
Table 89 Temperature Management Market, By Medical Specialty, 2016–2019 (Usd Million)
Table 90 Temperature Management Market, By Medical Specialty, 2020–2026 (Usd Million)
8.2 General Surgery
8.2.1 Increasing Incidence Of Breast, Lung, And Colorectal Cancers And The Large Number Of General Surgeries Performed Are Expected To Drive Market Growth
Table 91 Temperature Management Market For General Surgery, By Region, 2016–2019 (Usd Million)
Table 92 Temperature Management Market For General Surgery, By Region, 2020–2026 (Usd Million)
8.3 Cardiology
8.3.1 High Incidence Of Cardiac Arrests Is A Major Factor Driving Market Growth
Table 93 Temperature Management Market For Cardiology, By Region, 2016–2019 (Usd Million)
Table 94 Temperature Management Market For Cardiology, By Region, 2020–2026 (Usd Million)
8.4 Neurology
8.4.1 Increasing Incidence Of Traumatic Brain Injuries, Strokes, And Tumors To Support Market Growth
Table 95 Temperature Management Market For Neurology, By Region, 2016–2019 (Usd Million)
Table 96 Temperature Management Market For Neurology, By Region, 2020–2026 (Usd Million)
8.5 Pediatrics
8.5.1 Increasing Focus On Reducing Infant Mortality Is Supporting The Growth Of This Market Segment
Table 97 Temperature Management Market For Pediatrics, By Region, 2016–2019 (Usd Million)
Table 98 Temperature Management Market For Pediatrics, By Region, 2020–2026 (Usd Million)
8.6 Thoracic Surgery
8.6.1 Increasing Prevalence Of Lung Diseases To Drive The Adoption Of Temperature Management Systems
Table 99 Temperature Management Market For Thoracic Surgery, By Region, 2016–2019 (Usd Million)
Table 100 Temperature Management Market For Thoracic Surgery, By Region, 2020–2026 (Usd Million)
8.7 Orthopedic Surgery
8.7.1 Orthopedic Surgery Segment To Register The Highest Growth During The Forecast Period
Table 101 Temperature Management Market For Orthopedic Surgery, By Region, 2016–2019 (Usd Million)
Table 102 Temperature Management Market For Orthopedic Surgery, By Region, 2020–2026 (Usd Million)
8.8 Other Medical Specialties
Table 103 Temperature Management Market For Other Medical Specialties, By Region, 2016–2019 (Usd Million)
Table 104 Temperature Management Market For Other Medical Specialties, By Region, 2020–2026 (Usd Million)

9 Temperature Management Market, By Region

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