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2021
Patient Temperature Management Market

Patient Temperature Management Market by Product (Patient Warming Systems and Patient Cooling Systems), Specialty (General Surgery, Cardiology, Neurology, Pediatrics, Thoracic Surgery, Orthopedics, and Others), Application (Perioperative Care, Acute Care, New Born Care, Military Applications, Physiotherapy, Medical/Surgical Units, Patient Transport, Chemotherapy, and Others), and End User (Surgeons & Anesthesiologists and Nursing Staff & Paramedical Staff): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12672
Pages: NA
Oct 2021 | 66 Views
   
Author(s) : Onkar Sumant
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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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),  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.

Key Segments Covered

Segment

Subsegments

 Product

  • Patient Warming Systems
    • Surface Warming Systems
      • Convective Warming Systems
      • Conductive Warming Systems
    • Intravascular Warming Systems
    • Warming Accessories
  • Patient Cooling Systems
    • Surface Cooling Systems
    • Intravascular Cooling Systems
    • Cooling Accessories

 Specialty

  • General Surgery
  • Cardiology
  • Neurology
  • Pediatrics
  • Thoracic Surgery
  • Orthopedics
  • Others

 Application

  • Perioperative Care
    • Operating Rooms
    • Recovery Rooms
    • Preoperative Care Units
  • Acute Care
    • Intensive Care Units (ICU)
    • Emergency Rooms
    • Coronary Care Units
    • Neurological Care Units
    • Burn Centres
  • New Born Care
    • Delivery Suites
    • Neonatal Intensive Care Units
    • Postnatal Wards
  • Military Applications
  • Physiotherapy
  • Medical/Surgical Units
  • Patient Transport
  • Chemotherapy
  • Others

 End User

  • Surgeons & Anesthesiologists
  • Nursing Staff & Paramedical Staff

 Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report

  • This study presents the analytical depiction of the patient temperature management industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the patient temperature management market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the patient temperature management market..
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis depending on competitive intensity and the competition that will take shape in the upcoming years.

Questions Answered in the Patient Temperature Management Report

  • Who are the leading market players active in the patient temperature management market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the patient temperature management market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the future projections that would help in taking further strategic steps in the market?
  • What are the impacts of the COVID-19 on the industry?
  • What is patient temperature management?
  • What are the current and predicted trends of the market?
 
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