Global Temperature Management Systems Market Overview

The Global Temperature Management Systems market was valued at USD 2.43 billion in 2021 and is expected to reach USD 3.61 billion by the year 2028, at a CAGR of 5.8%.

Temperature management systems assist in controlling and maintaining patients` body temperature in intensive care units, operation theatres, recovery rooms, and other hospital areas. These systems usages heat transfer and thermodynamics to control the temperature of patients in every hospital setting. The increase in the global market is being accelerated by growing cases of strokes and cardiac arrest coupled with the rising number of surgical interventions that rely on anesthesia administration, which results in a drop in body temperature and requires the usage of temperature management solutions to defense the development of intraoperative hypothermia. The demand for these systems is also stimulated by the growing incidence of cardiac conditions and strokes along with increasing cases of cancer that result in lower body temperature due to the increase of cancer cells. The adoption of temperature management systems is also enabled by their ability to decrease treatment costs and surgical complications. Another prominent factor that is turning the market growth is the rising number of agreements and contracts among market participants to strengthen their regional footprints and product portfolios. 

COVID-19 Impact on Global Temperature Management Systems Market

The COVID-19 outbreak placed unmatched requirements on the healthcare system in the different economies. The poor impact has also been felt by the temperature management systems market, which is projected to observe a decrease in 2020. The huge surge in COVID-19 patients along with the pressing requirement to support critically ill infected people has forced the majority of hospitals over the economy to postpone or cancel elective surgeries. These efforts are deliberated to make sure accessibility of medical resources to adverse COVID-19 patients as well as prevent exposure of the medical staff to the virus while dealing with other patients. The decision to postpone elective surgeries and other medical procedures has moistened the demand for temperature management systems across hospitals. With all elective surgeries canceled & postponed, there has been a significant fall in the demand for the temperature management systems market. The concept of temperature management targets cooling or heating for regulating and maintaining normal core body temperature during surgeries and in recovery rooms and ICUs. The process involves intentional hypothermia or declining the body temperature, re-warming from hypothermia, and maintaining desired body temperature. To overcome the strain on the decline disease transmission, and healthcare system, conserve personal protective equipment (PPE), various governments have offered guidelines on elective surgeries. For example, as of March 18, 2020, the US CMS declared that all elective surgeries, surgical, and dental procedures, non-essential medical, would be delayed.

Market Dynamics For Global Temperature Management Systems Market

Drivers:

Wearables are evolving significantly and are anticipated to be the new trend in the temperature management system market. Heat due to power utilization causes both circuit malfunctions and low-temperature burns to users. Hence, researchers are proposing thermal management methods utilizing wearable devices with higher performance. A wearable device is a patch that controls the temperature of the patient's body as per the wearer's preference. Therefore, the growing prevalence of chronic disease and cardiovascular diseases is anticipated to turn the demand for temperature management systems market.

Worldwide, there has been growth in the incidence of chronic conditions, such as cardiac arrests, strokes, and neurological diseases such as traumatic brain injury. Various research studies determine that survivors of cardiac arrests can suffer from shattering neurological impairments. Temperature management devices are extensively utilized in the prevention of neurological damage after cardiac arrests. The application of mild therapeutic hypothermia is considered to enhance neurological outcomes after cardiopulmonary resuscitation. Therefore, the growing incidence of chronic diseases is anticipated to drive the demand for the temperature management systems market.

Restraints:

The excessive cost of intravascular temperature management systems is the major restraining factor for the temperature management systems market. Intravascular temperature management systems offer rapid, safe, effective management of the core body temperature of patients. Nevertheless, the cost of these systems and accessories is remarkably higher than that of noninvasive systems and accessories. This can hinder the market growth of the temperature management systems market.

Opportunities:

An increasing number of collaboration and accession between key players has created lucrative opportunities for the temperature management systems market. Over the years, the number of companies providing temperature management systems has raised globally. The key players are targeting expanding their product offerings, distribution networks, and geographic presence by entering into agreements with other established and developing players in the market. For example, in February 2017, Advanced Cooling Therapy (Formally known as Attune Medical) (US) accepted an innovative technology contract from Vizient, Inc. (US) for its oesophageal cooling device.

Market Segmentation

Segmentation Analysis of Global Temperature Management Systems Market:

Based on Product Type, Patient Warming Systems segments are expected to dominate position owing to growing adoption in surgeries. These systems are utilized to manage hypothermia or drop in body temperature following administration of specific anesthesia. Expansion in the Patient Cooling System segment is attributed to the rising number of cardiac surgeries. The segment`s growth is also maintained by the rising requirement for the low temperature to eliminate the risk of adverse neurologic outcomes and associated brain injuries.

Based on Application, the perioperative care segment was recorded for the maximum share of the temperature management market. Perioperative care refers to the care given to patients before and after a particular surgery. The rising number of surgical procedures performed globally is the major factor turning the growth of this application segment. In addition, technological developments, product development and introductions, and rising collaborations between key market players and hospitals are also stimulating market growth.

Based on Medical Indication, general surgery is expected to dominate the market during the forecast period. The maximum share of this segment can primarily be attributed to the large number of general surgery procedures performed globally. Electronic thermometers use thermistors and thermocouples. They are sufficiently authentic (±0.5°C), inexpensive, and most dependable modality. Infrared monitors determine heat given off by radiation and can measure temperature from the tympanic membrane and forehead skin but are less reliable.

Regional Analysis of Global Temperature Management Systems Market:

The North American region is expected to dominate the temperature management system market during the forecast period. Factors such as the large volume of surgical procedures, increase in the geriatric population, growing incidence of cardiac arrests and neurological disorders, availability of technologically advanced products, and the presence of key players in the US are turning the growth of the temperature management market in North America.  For example, in the United States, the number of cases has been raised to 34,227,237 with 612,701 deaths reported. In addition, Mexico and Canada cases are also rising. Owing to coronavirus spreading, many cities are shutting down causing treatments and doctor's appointment cancellations. Patients with serious health conditions, such as Cardiovascular, Musculoskeletal, OB and GYN, General Surgery, Vascular need physical distancing with others, nevertheless, delays in such chronic disease treatments are damaging. Hence, although there has been an interruption in producing and supply chain models of the manufacturing companies, the growing demand for temperature management systems led to spur in the market growth.

Asia Pacific region is expected to register a significant demand for the temperature management systems market.  This is primarily attributed to the rising demand for aesthetic and medical surgeries, growing incidence of cardiac arrests and CNS disorders, government efforts to grow access to elective surgeries, and boosting healthcare infrastructures are the key factors aiding the growth of the Asia Pacific temperature management system market.

In South America, economies such as Brazil, Argentina, Colombia, and others were poorly affected by the COVID-19 pandemic. Even though, the supply chains were revived by the end of 2020 once the COVID cases declined in various parts of the region. These factors, therefore, motivated the growth of the temperature management systems market in the region. Furthermore, growing government support and reimbursement policies for medical devices are anticipated to support the temperature management systems market.

Europe is considered as the significant temperature management systems market growth during the forecast period and is expected to hold lucrative growth opportunities in the upcoming years.

Players Covered in Temperature Management Systems Market are:

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

Key Industry Developments In Global Temperature Management Systems Market

  • In March 2019, Smiths Medical, a leading global medical device producer has introduced the Level 1® convective warmer. This next-generation high-flow convective warmer provides health care suppliers a quiet, simple, and safe thermal care solution to assist patients to maintain normal body temperature via every stage of surgery.
  • In March 2021, ZOLL® Medical Corporation, an Asahi Kasei company that produces medical devices and related software solutions, and Global Healthcare SG, a manufacturer of portable body cooling solutions, on this day declared their exclusive distribution agreement. As part of the agreement, ZOLL has exclusive rights to allocate the CarbonCool® Full Body Suit and Comfort Suit in Asia-Pacific countries.
  • In 2021, The Surgical company declared an agreement with Next Level Development TSC-PTM to develop, manufacture, and globally distribute specialist medical equipment for the precaution of hypothermia and the warming of patients undergoing surgery.

Global Temperature Management Systems Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 2.43 Bn.

Forecast Period 2022-28 CAGR:

5.8%

Market Size in 2028:

USD 3.61 Bn.

Segments Covered:

By Product Type

  • Patient Warming System
  • Patient Cooling System

By Technology

  • Digital Temperature Monitoring System
  • Analog Temperature Monitoring System

By Medical Conditions

  • Neurology
  • Cardiology
  • Orthopaedics
  • Other

By End Users

  • Operating Rooms
  • Coronary Care Units
  • Neonatal Intensive Care Units
  • Intensive Care Units
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Prevalence of Chronic Disease

Key Market Restraints:

  • The Excessive Cost of Intravascular Temperature Management Systems

Key Opportunities:

  • Growing Advancement in Temperature Monitoring Devices

Companies Covered in the report:

  • 3M Company, Adroit Medical Systems Inc, Attune Medical, Augustine Surgical Inc., Becton, and other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Technology
 3.3 By Medical Conditions
 3.4 By End User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Temperature Management Systems Market by Product Type
 5.1 Temperature Management Systems Market Overview Snapshot and Growth Engine
 5.2 Temperature Management Systems Market Overview
 5.3 Patient Warming System
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Patient Warming System: Grographic Segmentation
 5.4 Patient Cooling System
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Patient Cooling System: Grographic Segmentation

Chapter 6: Temperature Management Systems Market by Technology
 6.1 Temperature Management Systems Market Overview Snapshot and Growth Engine
 6.2 Temperature Management Systems Market Overview
 6.3 Digital Temperature Monitoring System
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Digital Temperature Monitoring System: Grographic Segmentation
 6.4 Analog Temperature Monitoring System
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Analog Temperature Monitoring System: Grographic Segmentation

Chapter 7: Temperature Management Systems Market by Medical Conditions
 7.1 Temperature Management Systems Market Overview Snapshot and Growth Engine
 7.2 Temperature Management Systems Market Overview
 7.3 Neurology
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Neurology: Grographic Segmentation
 7.4 Cardiology
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Cardiology: Grographic Segmentation
 7.5 Orthopaedics
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Orthopaedics: Grographic Segmentation
 7.6 Other
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Other: Grographic Segmentation

Chapter 8: Temperature Management Systems Market by End User
 8.1 Temperature Management Systems Market Overview Snapshot and Growth Engine
 8.2 Temperature Management Systems Market Overview
 8.3 Operating Rooms
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Operating Rooms: Grographic Segmentation
 8.4 Coronary Care Units
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Coronary Care Units: Grographic Segmentation
 8.5 Neonatal Intensive Care Units
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Neonatal Intensive Care Units: Grographic Segmentation
 8.6 Intensive Care Units
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Intensive Care Units: Grographic Segmentation
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Temperature Management Systems Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Temperature Management Systems Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Temperature Management Systems Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 MEDTRONIC
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 ATTUNE MEDICAL
 9.4 SMITHS MEDICAL
 9.5 MEDCARE VISIONS GMBH
 9.6 BECTON
 9.7 DICKINSON AND COMPANY
 9.8 DRÄGERWERK
 9.9 ECOLAB
 9.10 BELMONT MEDICAL TECHNOLOGIES
 9.11 GE HEALTHCARE
 9.12 GENTHERM
 9.13 AUGUSTINE SURGICAL
 9.14 GERATHERM MEDICAL
 9.15 INSPIRATION HEALTHCARE
 9.16 3M COMPANY
 9.17 THE SURGICAL COMPANY
 9.18 ADROIT MEDICAL SYSTEMS
 9.19 VYAIRE MEDICAL INC.
 9.20 BIEGLER GMBH
 9.21 ZOLL MEDICAL
 9.22 ENCOMPASS GROUP
 9.23 ENTHERMICS
 9.24 HIRTZ & CO. KG
 9.25 ISTANBUL MEDIKAL LTD
 9.26 LIFE RECOVERY SYSTEMS
 9.27 STRYKER CORPORATION
 9.28 OTHER MAJOR PLAYERS

Chapter 10: Global Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Product Type
  10.2.1 Patient Warming System
  10.2.2 Patient Cooling System
 10.3 Historic and Forecasted Market Size By Technology
  10.3.1 Digital Temperature Monitoring System
  10.3.2 Analog Temperature Monitoring System
 10.4 Historic and Forecasted Market Size By Medical Conditions
  10.4.1 Neurology
  10.4.2 Cardiology
  10.4.3 Orthopaedics
  10.4.4 Other
 10.5 Historic and Forecasted Market Size By End User
  10.5.1 Operating Rooms
  10.5.2 Coronary Care Units
  10.5.3 Neonatal Intensive Care Units
  10.5.4 Intensive Care Units
  10.5.5 Others

Chapter 11: North America Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Patient Warming System
  11.4.2 Patient Cooling System
 11.5 Historic and Forecasted Market Size By Technology
  11.5.1 Digital Temperature Monitoring System
  11.5.2 Analog Temperature Monitoring System
 11.6 Historic and Forecasted Market Size By Medical Conditions
  11.6.1 Neurology
  11.6.2 Cardiology
  11.6.3 Orthopaedics
  11.6.4 Other
 11.7 Historic and Forecasted Market Size By End User
  11.7.1 Operating Rooms
  11.7.2 Coronary Care Units
  11.7.3 Neonatal Intensive Care Units
  11.7.4 Intensive Care Units
  11.7.5 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Patient Warming System
  12.4.2 Patient Cooling System
 12.5 Historic and Forecasted Market Size By Technology
  12.5.1 Digital Temperature Monitoring System
  12.5.2 Analog Temperature Monitoring System
 12.6 Historic and Forecasted Market Size By Medical Conditions
  12.6.1 Neurology
  12.6.2 Cardiology
  12.6.3 Orthopaedics
  12.6.4 Other
 12.7 Historic and Forecasted Market Size By End User
  12.7.1 Operating Rooms
  12.7.2 Coronary Care Units
  12.7.3 Neonatal Intensive Care Units
  12.7.4 Intensive Care Units
  12.7.5 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Patient Warming System
  13.4.2 Patient Cooling System
 13.5 Historic and Forecasted Market Size By Technology
  13.5.1 Digital Temperature Monitoring System
  13.5.2 Analog Temperature Monitoring System
 13.6 Historic and Forecasted Market Size By Medical Conditions
  13.6.1 Neurology
  13.6.2 Cardiology
  13.6.3 Orthopaedics
  13.6.4 Other
 13.7 Historic and Forecasted Market Size By End User
  13.7.1 Operating Rooms
  13.7.2 Coronary Care Units
  13.7.3 Neonatal Intensive Care Units
  13.7.4 Intensive Care Units
  13.7.5 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Product Type
  14.4.1 Patient Warming System
  14.4.2 Patient Cooling System
 14.5 Historic and Forecasted Market Size By Technology
  14.5.1 Digital Temperature Monitoring System
  14.5.2 Analog Temperature Monitoring System
 14.6 Historic and Forecasted Market Size By Medical Conditions
  14.6.1 Neurology
  14.6.2 Cardiology
  14.6.3 Orthopaedics
  14.6.4 Other
 14.7 Historic and Forecasted Market Size By End User
  14.7.1 Operating Rooms
  14.7.2 Coronary Care Units
  14.7.3 Neonatal Intensive Care Units
  14.7.4 Intensive Care Units
  14.7.5 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Temperature Management Systems Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Product Type
  15.4.1 Patient Warming System
  15.4.2 Patient Cooling System
 15.5 Historic and Forecasted Market Size By Technology
  15.5.1 Digital Temperature Monitoring System
  15.5.2 Analog Temperature Monitoring System
 15.6 Historic and Forecasted Market Size By Medical Conditions
  15.6.1 Neurology
  15.6.2 Cardiology
  15.6.3 Orthopaedics
  15.6.4 Other
 15.7 Historic and Forecasted Market Size By End User
  15.7.1 Operating Rooms
  15.7.2 Coronary Care Units
  15.7.3 Neonatal Intensive Care Units
  15.7.4 Intensive Care Units
  15.7.5 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Temperature Management Systems Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 2.43 Bn.

Forecast Period 2022-28 CAGR:

5.8%

Market Size in 2028:

USD 3.61 Bn.

Segments Covered:

By Product Type

  • Patient Warming System
  • Patient Cooling System

By Technology

  • Digital Temperature Monitoring System
  • Analog Temperature Monitoring System

By Medical Conditions

  • Neurology
  • Cardiology
  • Orthopaedics
  • Other

By End Users

  • Operating Rooms
  • Coronary Care Units
  • Neonatal Intensive Care Units
  • Intensive Care Units
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Prevalence of Chronic Disease

Key Market Restraints:

  • The Excessive Cost of Intravascular Temperature Management Systems

Key Opportunities:

  • Growing Advancement in Temperature Monitoring Devices

Companies Covered in the report:

  • 3M Company, Adroit Medical Systems Inc, Attune Medical, Augustine Surgical Inc., Becton, and other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TEMPERATURE MANAGEMENT SYSTEMS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TEMPERATURE MANAGEMENT SYSTEMS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TEMPERATURE MANAGEMENT SYSTEMS MARKET COMPETITIVE RIVALRY
TABLE 005. TEMPERATURE MANAGEMENT SYSTEMS MARKET THREAT OF NEW ENTRANTS
TABLE 006. TEMPERATURE MANAGEMENT SYSTEMS MARKET THREAT OF SUBSTITUTES
TABLE 007. TEMPERATURE MANAGEMENT SYSTEMS MARKET BY PRODUCT TYPE
TABLE 008. PATIENT WARMING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 009. PATIENT COOLING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 010. TEMPERATURE MANAGEMENT SYSTEMS MARKET BY TECHNOLOGY
TABLE 011. DIGITAL TEMPERATURE MONITORING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 012. ANALOG TEMPERATURE MONITORING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 013. TEMPERATURE MANAGEMENT SYSTEMS MARKET BY MEDICAL CONDITIONS
TABLE 014. NEUROLOGY MARKET OVERVIEW (2016-2028)
TABLE 015. CARDIOLOGY MARKET OVERVIEW (2016-2028)
TABLE 016. ORTHOPAEDICS MARKET OVERVIEW (2016-2028)
TABLE 017. OTHER MARKET OVERVIEW (2016-2028)
TABLE 018. TEMPERATURE MANAGEMENT SYSTEMS MARKET BY END USER
TABLE 019. OPERATING ROOMS MARKET OVERVIEW (2016-2028)
TABLE 020. CORONARY CARE UNITS MARKET OVERVIEW (2016-2028)
TABLE 021. NEONATAL INTENSIVE CARE UNITS MARKET OVERVIEW (2016-2028)
TABLE 022. INTENSIVE CARE UNITS MARKET OVERVIEW (2016-2028)
TABLE 023. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 025. NORTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 026. NORTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY MEDICAL CONDITIONS (2016-2028)
TABLE 027. NORTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY END USER (2016-2028)
TABLE 028. N TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 030. EUROPE TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 031. EUROPE TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY MEDICAL CONDITIONS (2016-2028)
TABLE 032. EUROPE TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY END USER (2016-2028)
TABLE 033. TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 034. ASIA PACIFIC TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 035. ASIA PACIFIC TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 036. ASIA PACIFIC TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY MEDICAL CONDITIONS (2016-2028)
TABLE 037. ASIA PACIFIC TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY END USER (2016-2028)
TABLE 038. TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY MEDICAL CONDITIONS (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY END USER (2016-2028)
TABLE 043. TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 044. SOUTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 045. SOUTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 046. SOUTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY MEDICAL CONDITIONS (2016-2028)
TABLE 047. SOUTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY END USER (2016-2028)
TABLE 048. TEMPERATURE MANAGEMENT SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 049. MEDTRONIC: SNAPSHOT
TABLE 050. MEDTRONIC: BUSINESS PERFORMANCE
TABLE 051. MEDTRONIC: PRODUCT PORTFOLIO
TABLE 052. MEDTRONIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. ATTUNE MEDICAL: SNAPSHOT
TABLE 053. ATTUNE MEDICAL: BUSINESS PERFORMANCE
TABLE 054. ATTUNE MEDICAL: PRODUCT PORTFOLIO
TABLE 055. ATTUNE MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. SMITHS MEDICAL: SNAPSHOT
TABLE 056. SMITHS MEDICAL: BUSINESS PERFORMANCE
TABLE 057. SMITHS MEDICAL: PRODUCT PORTFOLIO
TABLE 058. SMITHS MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. MEDCARE VISIONS GMBH: SNAPSHOT
TABLE 059. MEDCARE VISIONS GMBH: BUSINESS PERFORMANCE
TABLE 060. MEDCARE VISIONS GMBH: PRODUCT PORTFOLIO
TABLE 061. MEDCARE VISIONS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. BECTON: SNAPSHOT
TABLE 062. BECTON: BUSINESS PERFORMANCE
TABLE 063. BECTON: PRODUCT PORTFOLIO
TABLE 064. BECTON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. DICKINSON AND COMPANY: SNAPSHOT
TABLE 065. DICKINSON AND COMPANY: BUSINESS PERFORMANCE
TABLE 066. DICKINSON AND COMPANY: PRODUCT PORTFOLIO
TABLE 067. DICKINSON AND COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. DRÄGERWERK: SNAPSHOT
TABLE 068. DRÄGERWERK: BUSINESS PERFORMANCE
TABLE 069. DRÄGERWERK: PRODUCT PORTFOLIO
TABLE 070. DRÄGERWERK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. ECOLAB: SNAPSHOT
TABLE 071. ECOLAB: BUSINESS PERFORMANCE
TABLE 072. ECOLAB: PRODUCT PORTFOLIO
TABLE 073. ECOLAB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. BELMONT MEDICAL TECHNOLOGIES: SNAPSHOT
TABLE 074. BELMONT MEDICAL TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 075. BELMONT MEDICAL TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 076. BELMONT MEDICAL TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. GE HEALTHCARE: SNAPSHOT
TABLE 077. GE HEALTHCARE: BUSINESS PERFORMANCE
TABLE 078. GE HEALTHCARE: PRODUCT PORTFOLIO
TABLE 079. GE HEALTHCARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. GENTHERM: SNAPSHOT
TABLE 080. GENTHERM: BUSINESS PERFORMANCE
TABLE 081. GENTHERM: PRODUCT PORTFOLIO
TABLE 082. GENTHERM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. AUGUSTINE SURGICAL: SNAPSHOT
TABLE 083. AUGUSTINE SURGICAL: BUSINESS PERFORMANCE
TABLE 084. AUGUSTINE SURGICAL: PRODUCT PORTFOLIO
TABLE 085. AUGUSTINE SURGICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. GERATHERM MEDICAL: SNAPSHOT
TABLE 086. GERATHERM MEDICAL: BUSINESS PERFORMANCE
TABLE 087. GERATHERM MEDICAL: PRODUCT PORTFOLIO
TABLE 088. GERATHERM MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. INSPIRATION HEALTHCARE: SNAPSHOT
TABLE 089. INSPIRATION HEALTHCARE: BUSINESS PERFORMANCE
TABLE 090. INSPIRATION HEALTHCARE: PRODUCT PORTFOLIO
TABLE 091. INSPIRATION HEALTHCARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. 3M COMPANY: SNAPSHOT
TABLE 092. 3M COMPANY: BUSINESS PERFORMANCE
TABLE 093. 3M COMPANY: PRODUCT PORTFOLIO
TABLE 094. 3M COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. THE SURGICAL COMPANY: SNAPSHOT
TABLE 095. THE SURGICAL COMPANY: BUSINESS PERFORMANCE
TABLE 096. THE SURGICAL COMPANY: PRODUCT PORTFOLIO
TABLE 097. THE SURGICAL COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. ADROIT MEDICAL SYSTEMS: SNAPSHOT
TABLE 098. ADROIT MEDICAL SYSTEMS: BUSINESS PERFORMANCE
TABLE 099. ADROIT MEDICAL SYSTEMS: PRODUCT PORTFOLIO
TABLE 100. ADROIT MEDICAL SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. VYAIRE MEDICAL INC.: SNAPSHOT
TABLE 101. VYAIRE MEDICAL INC.: BUSINESS PERFORMANCE
TABLE 102. VYAIRE MEDICAL INC.: PRODUCT PORTFOLIO
TABLE 103. VYAIRE MEDICAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. BIEGLER GMBH: SNAPSHOT
TABLE 104. BIEGLER GMBH: BUSINESS PERFORMANCE
TABLE 105. BIEGLER GMBH: PRODUCT PORTFOLIO
TABLE 106. BIEGLER GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. ZOLL MEDICAL: SNAPSHOT
TABLE 107. ZOLL MEDICAL: BUSINESS PERFORMANCE
TABLE 108. ZOLL MEDICAL: PRODUCT PORTFOLIO
TABLE 109. ZOLL MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. ENCOMPASS GROUP: SNAPSHOT
TABLE 110. ENCOMPASS GROUP: BUSINESS PERFORMANCE
TABLE 111. ENCOMPASS GROUP: PRODUCT PORTFOLIO
TABLE 112. ENCOMPASS GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. ENTHERMICS: SNAPSHOT
TABLE 113. ENTHERMICS: BUSINESS PERFORMANCE
TABLE 114. ENTHERMICS: PRODUCT PORTFOLIO
TABLE 115. ENTHERMICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. HIRTZ & CO. KG: SNAPSHOT
TABLE 116. HIRTZ & CO. KG: BUSINESS PERFORMANCE
TABLE 117. HIRTZ & CO. KG: PRODUCT PORTFOLIO
TABLE 118. HIRTZ & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. ISTANBUL MEDIKAL LTD: SNAPSHOT
TABLE 119. ISTANBUL MEDIKAL LTD: BUSINESS PERFORMANCE
TABLE 120. ISTANBUL MEDIKAL LTD: PRODUCT PORTFOLIO
TABLE 121. ISTANBUL MEDIKAL LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. LIFE RECOVERY SYSTEMS: SNAPSHOT
TABLE 122. LIFE RECOVERY SYSTEMS: BUSINESS PERFORMANCE
TABLE 123. LIFE RECOVERY SYSTEMS: PRODUCT PORTFOLIO
TABLE 124. LIFE RECOVERY SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. STRYKER CORPORATION: SNAPSHOT
TABLE 125. STRYKER CORPORATION: BUSINESS PERFORMANCE
TABLE 126. STRYKER CORPORATION: PRODUCT PORTFOLIO
TABLE 127. STRYKER CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 128. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 129. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 130. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. PATIENT WARMING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 013. PATIENT COOLING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 014. TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY TECHNOLOGY
FIGURE 015. DIGITAL TEMPERATURE MONITORING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 016. ANALOG TEMPERATURE MONITORING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 017. TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY MEDICAL CONDITIONS
FIGURE 018. NEUROLOGY MARKET OVERVIEW (2016-2028)
FIGURE 019. CARDIOLOGY MARKET OVERVIEW (2016-2028)
FIGURE 020. ORTHOPAEDICS MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHER MARKET OVERVIEW (2016-2028)
FIGURE 022. TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY END USER
FIGURE 023. OPERATING ROOMS MARKET OVERVIEW (2016-2028)
FIGURE 024. CORONARY CARE UNITS MARKET OVERVIEW (2016-2028)
FIGURE 025. NEONATAL INTENSIVE CARE UNITS MARKET OVERVIEW (2016-2028)
FIGURE 026. INTENSIVE CARE UNITS MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA TEMPERATURE MANAGEMENT SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Temperature Management Systems Market research report?

The forecast period in the Temperature Management Systems Market research report is 2022-2028.

Who are the key players in Temperature Management Systems Market?

3M Company, Adroit Medical Systems Inc, Attune Medical, Augustine Surgical Inc., Becton, Dickinson And Company, Belmont Medical Technologies, Biegler GMBH, Drägerwerk AG & CO. KGAA, Ecolab Inc, Encompass Group, LLC, Enthermics Medical Systems, GE Healthcare, Gentherm Incorporated, Geratherm Medical AG, Hirtz & CO. KG., Inspiration Healthcare Group PLC, Istanbul Medikal Ltd., Life Recovery Systems HD, LLC, Medtronic PLC, Smiths Medical, Inc, Stryker Corporation, The 37company, Vyaire Medical Inc, Zoll Medical Corporation., and other major players.

What are the segments of the Temperature Management Systems Market?

The Temperature Management Systems Market is segmented into Product Type, Technology, Medical Conditions, End Users, and region. By Product Type, the market is categorized into Patient Warming systems, Patient Cooling Systems. By Technology the market is categorized into Digital Temperature Monitoring systems, Analog Temperature Monitoring systems. By Medical Conditions, the market is categorized into Neurology, Cardiology, Orthopaedics, and Others. By End-User the market is categorized into Operating Rooms, Coronary Care Units, Neonatal Intensive Care Units, Intensive Care Units, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Temperature Management Systems Market?

Temperature management systems assist in controlling and maintaining patients` body temperature in intensive care units, operation theatres, recovery rooms, and other hospital areas. These systems use heat transfer and thermodynamics to control the temperature of patients in every hospital setting.

How big is the Temperature Management Systems Market?

The Global Temperature Management Systems market was valued at USD 2.43 billion in 2021 and is expected to reach USD 3.61 billion by the year 2028, at a CAGR of 5.8%.