Million Insights Market Research Released A New Research Report On Global Patient Temperature Management Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.
Pune, India - Patient Temperature Management Market size was worth USD 2.3 billion in 2016 which is anticipated to grow at a CAGR of more than 7.9% during the forecast period. The key factor contributing to the market growth of patient temperature management is the rise in number of surgeries performed. Pre-surgery anesthesia administered to the patients lowers their body temperature. To prevent this, warming devices are used to eliminate intraoperative hypothermia.
The rising prevalence of heart diseases such as cardiac arrest has increased the demand for patient temperature management in order to prevent adverse effects of high temperature on the brain and prevent further complications.
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Patient cooling systems is expected to witness an attractive growth over the forecast period. This is due to the rise in number of cardiac surgeries being performed that requires cooling systems to eliminate the adverse effect of high temperature causing brain trauma injuries and neurologic outcomes.
Increasing incidence of cancer and chronic cardiovascular diseases has resulted in the boost of the market. Cancerous cell multiply rapidly in patients with low body temperature. In order to prevent this, adjuncts such as patient warming systems are used along with chemotherapy and radiation therapy.
Increasing prevalence of chronic cardiovascular diseases, especially cardiac arrest has led to an increase in demand for cooling systems in order to prevent adverse effects of high temperature on the brain. The availability of technological advanced products such as blankets, head pads and surface pads has risen the demand for these devices.
On the basis of application, surgery segment held the largest market in 2016. This is due to the rise in number of surgical procedures such as gynecological and cardiac surgeries. Temperature management systems are mostly used in pre-, post- and perioperative surgeries.
Cardiology segment is expected to witness lucrative growth over the forecast period due to the increasing prevalence of cardiovascular diseases. According to Centers for Disease Control and Prevention (CDC), around 610,000 people in the US die of heart disease every year. Cardiovascular disease such as cardiac arrest and heart stroke requires cooling systems. This causes the growth of temperature management devices in the US.
On the basis of region, North America dominated the market in 2016 due to rising number of cardiac surgeries. The rising awareness level among people and increase in healthcare expenditure also contributes to the growth of the market. Advancement in technology in temperature management systems has increased the penetration in the U.S.
Asia Pacific is expected to witness rapid growth over the forecast period. This is due to the untapped market in the developing countries such as China and India. The increase in healthcare expenditure and increasing disposable incomes also contributes to the growth of this market.
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Patient Temperature Management Product Outlook (Revenue, USD Million; 2014 - 2025)
• Patient Warming Systems
• Conventional Warming Systems
• Surface Warming Systems
• Intravascular Warming Systems
• Patient Cooling Systems
• Conventional Cooling Systems
• Surface Cooling Systems
• Intravascular Cooling Systems
Patient Temperature Management Application Outlook (Revenue, USD Million; 2014 - 2025)
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