The Global Patient Temperature Management Systems Market, by Product Type (Patient Warming Systems (Conventional Warming Systems, Surface Warming Systems, and Intravascular Warming Systems) and Patient Cooling Systems (Conventional Cooling Systems, Surface Cooling Systems, and Intravascular Cooling Systems)), by Application (General Surgery, Cardiology, Neurology, Pediatrics, and Others), by End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 2.6 billion in 2017, and is projected to exhibit a CAGR of 2.5% over the forecast period (2018 – 2026).
Patient temperature management
systems are used to manage hypothermic or hyperthermic conditions of patients
during surgical procedures and other medical conditions. Temperature monitoring
and its maintenance in normal range is an important part of patient care during
hospitalization. Traditional methods of temperature management such as blankets
and cooling pads are increasingly being replaced by intravenous temperature
management methods. However, current conventional patient temperature
management systems have wide application of the blankets and cooling pads.
Presently, the patient
temperature management system market is characterized by major players.
However, new product launches with novel technology is the major factor
boosting the patient temperature management systems market growth over the
forecast period. For instance, in 2016, VitaHeat Medical, LLC, a private
medical device company, launched VitaHeat UB3 patient warming system, the
company’s innovative technology that warms the patient’s body using patented
conductive ink technology in the form of thin mattress.
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Furthermore, in 2018, BrainCool,
a Sweden-based company, received FDA approval for the IQool Warm System, used
for both cooling and reheating of the body using pads placed around the head,
neck, thighs, and torso. In 2018, Inspiration Healthcare received CE approval
for its Inditherm Alpha patient warming system.
Browse Market Data 32 Tables and
30 Figures spread through 150 Pages and in-depth TOC on "Patient
Temperature Management Systems Market, by Product Type (Patient Warming Systems
(Conventional Warming Systems, Surface Warming Systems and Intravascular
Warming Systems) and Patient Cooling Systems (Conventional Cooling Systems,
Surface Cooling Systems and Intravascular Cooling Systems)), by Application
(General Surgery, Cardiology, Neurology, Pediatrics and Others), by End User
(Hospitals, Ambulatory Surgical Centers, Specialty Clinics and Others) and by
Region - Global Forecast to 2026”
Furthermore, strategic
collaborations, agreements, and mergers and acquisitions are expected to drive
the patient temperature management systems market growth. For instance, in
2014, Zoll Medical Corp., a medical device and related software manufacturer, acquired
temperature management business from Philips Healthcare. As part of the
acquisition, InnerCool temperature management business, which comprises RTx
Endovascular System, the Accutrol catheter, and the CoolRepeat and STx Surface
Cooling Systems, having regulatory approval in the U.S.
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Key Takeaways of the Patient
Temperature Management Systems Market:
The global patient temperature
management system market is expected to expand at a CAGR of 2.5% during the
forecast period (2018 – 2026), owing to increasing product launches
Among product types, the patient
warming systems segment is expected to hold a dominant position, owing to
increasing number of products and its wide use during surgeries
Among applications, the general
surgery segment is expected to hold a dominant position, as general surgeries
cover a wide array of surgeries with large patient pool undergoing these
surgeries.
Some of the major players
operating in the global patient temperature management systems market include
3M Company, Cincinnati Sub-Zero Products, LLC, C.R. Bard, Inc., Zoll Medical
Corporation, Smith Medicals, Stryker Corporation, Medtronic plc, and The
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