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Temperature Management Systems Market Medical Speciality, Product, Application and Top Companies 3M (US), Smiths Medical (US), ZOLL Medical (US), Becton, Dickinson, and Company (US), Drägerwerk (Germany)
This Temperature Management Systems Market report is generated with the combination of best industry insight, practical solutions, talent solutions, and the latest technology. It gives an explanation about a methodical investigation of the existing scenario of the global market, which takes into account several market dynamics. With the market data of this industry analysis report, emerging trends along with major drivers, challenges, and opportunities in the market for the Medical Devices industry can be identified and analyzed. Excellent practice models and methods of research utilized while generating this market document reveals the best opportunities to thrive in the market. While generating this Temperature Management Systems Market report, markets on the local, regional as well as global level are explored.Request for FREE Sample Report: To Know the Impact of COVID-19 on this Industry at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=298104
By using this large-scale Temperature Management Systems Market report, the general market conditions, existing trends, and tendencies in the Medical Devices industry can be unearthed. It helps businesses obtain granular level clarity on current business trends and expected future developments. Temperature Management Systems Market report acts as a valued source of information with which businesses can achieve a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities, and market status. Moreover, this market research report puts forth a thorough overview of the market where it identifies industry trends, determines brand awareness and influence, provides industry insights, and offers competitive intelligence.
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.
Some of the major players operating in this market are 3M (US), GE Healthcare (US), and Drägerwerk (US)
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 the 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%)
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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Temperature Management Systems Market: 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
6.1 Introduction
Table 15 Temperature Management Market, By Product, 2016–2019 (Usd Million)
Table 16 Temperature Management Market, By Product, 2020–2026 (Usd Million)
6.2 Patient Warming Systems
Table 17 Patient Warming Systems Market, By Type, 2016–2019 (Usd Million)
Table 18 Patient Warming Systems Market, By Type, 2020–2026 (Usd Million)
Table 19 Patient Warming Systems Market, By Region, 2016–2019 (Usd Million)
Table 20 Patient Warming Systems Market, By Region, 2020–2026 (Usd Million)
6.2.1 Surface Warming Systems
Table 21 Surface Warming Systems Market, By Type, 2016–2019 (Usd Million)
Table 22 Surface Warming Systems Market, By Type, 2020–2026 (Usd Million)
Table 23 Surface Warming Systems Market, By Region, 2016–2019 (Usd Million)
Table 24 Surface Warming Systems Market, By Region, 2020–2026 (Usd Million)
6.2.1.1 Convective Warming Systems
6.2.1.1.1 Rising Adoption Of Convective Warming Systems Among Hospitals To Drive Market Growth
Table 25 Convective Warming Systems Market, By Region, 2016–2019 (Usd Million)
Table 26 Convective Warming Systems Market, By Region, 2020–2026 (Usd Million)
6.2.1.2 Conductive Warming Systems
6.2.1.2.1 Conductive Warming Is A Safe, Inexpensive, And Effective Method For Warming Patients During Perioperative Procedures
Table 27 Conductive Warming Systems Market, By Region, 2016–2019 (Usd Million)
Table 28 Conductive Warming Systems Market, By Region, 2020–2026 (Usd Million)
6.2.2 Intravascular Warming Systems
6.2.2.1 Technological Advancements Are Driving The Growth Of The Intravascular Warming Devices Market
Figure 35 Technological Advancements In Intravascular Warming Devices
Table 29 Intravascular Warming Systems Market, By Region, 2016–2019 (Usd Million)
Table 30 Intravascular Warming Systems Market, By Region, 2020–2026 (Usd Million)
6.2.3 Warming Accessories
Table 31 Warming Accessories Market, By Region, 2016–2019 (Usd Million)
Table 32 Warming Accessories Market, By Region, 2020–2026 (Usd Million)
6.3 Patient Cooling Systems
Table 33 Patient Cooling Systems Market, By Region, 2016–2019 (Usd Million)
Table 34 Patient Cooling Systems Market, By Region, 2020–2026 (Usd Million)
Table 35 Patient Cooling Systems Market, By Type, 2016–2019 (Usd Million)
Table 36 Patient Cooling Systems Market, By Type, 2020–2026 (Usd Million)
6.3.1 Surface Cooling Systems
6.3.1.1 Risk Of Overshooting And Skin Lesions & Burns Limits The Use Of These Systems
Table 37 Surface Cooling Systems Market, By Region, 2016–2019 (Usd Million)
Table 38 Surface Cooling Systems Market, By Region, 2020–2026 (Usd Million)
6.3.2 Intravascular Cooling Systems
6.3.2.1 Increased Precision In Smaller Temperature Ranges Is Driving The Adoption Of These Systems
Figure 36 Evolution Of Invasive Cooling Systems
Table 39 Intravascular Cooling Systems Market, By Region, 2016–2019 (Usd Million)
Table 40 Intravascular Cooling Systems Market, By Region, 2020–2026 (Usd Million)
Table 41 Intravascular Cooling Systems Market, By Region, 2016–2019 (Thousand Procedures)
Table 42 Intravascular Cooling Systems Market, By Region, 2020–2026 (Thousand Procedures)
Table 43 Intravascular Cooling Systems Market, By Application, 2016–2019 (Thousand Procedures)
Table 44 Intravascular Cooling Systems Market, By Application, 2020–2026 (Thousand Procedures)
Table 45 Intravascular Cooling Systems Market For Acute Care, By Facility, 2016–2019 (Thousand Procedures)
Table 46 Intravascular Cooling Systems Market For Acute Care, By Facility, 2020–2026 (Thousand Procedures)
6.3.3 Cooling Accessories
Table 47 Cooling Accessories Market, By Region, 2016–2019 (Usd Million)
Table 48 Cooling Accessories Market, By Region, 2020–2026 (Usd Million)
7 Temperature Management Market, By Application
8 Temperature Management Market, By Medical Specialty
9 Temperature Management Market, By Region
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