A12672 | Pages: NA | Sep 2022 | 475 Views | ||
Author(s) : Onkar Sumant | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Patient Temperature Management Market
Request Now !Patient temperature management systems helps monitor the body temperature of a patient. These systems can also help in regulating the temperature as well. The primary aim of patient temperature management is to keep patient from being hypothermia or hyperthermia.. Hypothermia is often caused when a person is exposed to very cold temperatures. On the other hand, hyperthermia is characterized by an abnormally high body temperature which occurs when the heat regulation system of body is overwhelmed by various external factors such as infections. The patient temperature management systems include patient cooling systems and patient warming systems.
Market Scope and Structure Analysis
Report Metric | Details |
 Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  Product, Specialty, Application, End User, and Region |
 Regions Covered |  North America, Europe, Asia-Pacific, and LAMEA |
 Companies Covered | Weiss Technik North America, Inc., ZOLL Medical Corporation, Smiths Medical, Geratherm Medical AG, Inspiration Healthcare Group Plc, The Surgical Company, Drägerwerk AG & Co. KGaA, Ecolab, Atom Medical Corp., Enthermics, Inc., Moeck & Moeck GmbH, Welkins, LLC, Halyard Worldwide, Inc., and Merck KGaA |
COVID-19 Impact Analysis
COVID-19 is an infectious disease that first emerged in late December in the Hubei province of the Wuhan city in China. The virus that causes severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), Â is highly infectious and, is transmitted from person to person. Since the outbreak in December 2019, the disease has spread to almost 213 countries across the globe with the World Health Organization declaring it a pandemic on March 11, 2020.
Pharmaceutical and biotech companies together with the governments around the globe are working to address the COVID-19 outbreak, from vaccines development to medicine supply chain. Approximately, 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a significant increase in demand for the treatment of COVID-19. Such increase in demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are experiencing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for COVID-19 vaccines and treatment drugs..
The COVID-19 has disrupted the supply chain of the material required to manufacture patient temperature management systems in many countries. Furthermore, patient temperature management is also declining as the medical devices manufacturers have slowed down their production because of the pandemic. Therefore, COVID 19 is expected to have a significant impact on the patient temperature management market.
Top Impacting Factors
The rise in number of cases that require surgery in hospitals lead to the patient temperature management market growth. This is due to the anesthesia used prior to surgery that frequently result in a low body temperature, necessitating the use of  warming systems to prevent hypothermia.
Furthermore, the rise in prevalence of cancer propels the growth of the patient temperature management market. In cancer patients, warming systems along with chemotherapy and radiation therapy are used to avoid the multiplication of cancer cells in the body.
There an increase in the number of people suffering from heart attacks and strokes attributable to lifestyle changes. In such cases, the body needs to be cooler to enable normal brain functioning and increase the survival rate of the patient. This factor contributes toward the growth of the patient temperature management market.
One of the factors impending the growth  of the patient temperature management market is the increase in number of incidents of patient temperature management products due to their ineffectiveness .
Key Market Trends
The increase in demand for modern patient temperature management systems has led to the introduction of diverse range of surface cooling and warming systems. For instance, 3M, Inc. has developed the  Bair Hugger product range. This collection includes  a complete portfolio of warming blankets such as fully-body, specialty, underbody, and others.
The patient warming systems segment led toward the growth of the patient temperature management market in 2018. This can be attributed to the widespread use of these systems in surgeries requiring general anesthesia. The body of patient must be prewarmed before anesthesia is administered to reduce the risk of hypothermia.
North America holds a major share of the patient temperature management market. This is due to the rise in prevalence of cardiac surgeries in the region, favorable reimbursement scenarios, and the presence of sophisticated healthcare infrastructure.
The Asia-Pacific region is anticipated to grow at the highest rate in the patient temperature management market during the forecast period, owing to the rise in prevalence of road accidents that necessitate surgery.
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Key Benefits of the Report
Questions Answered in the Patient Temperature Management Report
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Key Market Players
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