- Press Release -

Rockville, Md. The global patient temperature management systems market is set to reach nearly US$ 2.86 Bn by 2022 on steady growth, according to Fact.MR. The systems have become integral to a range of treatments, from limiting blood loss and speeding recovery in surgery to cooling the body during heart procedures, raising it for chemotherapy and radiation, and steadying temperatures for newborns in incubators.

Surface warming systems lead the product mix, perioperative care is the largest application, and North America is the dominant region. Neonatal care is the fastest-growing use.

Products, Applications and End Users

Surface warming systems reach nearly US$ 700 Mn by 2022, at about a quarter of product revenue and gaining share on robust growth. By application, perioperative care leads at nearly US$ 940 Mn by 2022, led by North America, while neonatal care grows fastest, from US$ 305 Mn in 2017 to over US$ 410 Mn at a 6.5% CAGR. Among end users, ambulatory surgical centers hold over a fifth of revenue in 2017 but give up share over the period.

Surgical Volume Drives Demand

The market runs on operating-room activity. As the number of surgeries rises worldwide, so does the need to manage patient temperature before, during and after procedures, keeping demand climbing through the forecast period. High system cost remains the main brake on faster adoption.

Suppliers and Their Playbook

The field brings together large medical device companies.

• 3M Company, Stryker Corporation, Gentherm Incorporated, Smiths Group plc, C. R. Bard, Inc., Medtronic plc, Inspiration Healthcare Group plc, and Asahi Kasei Corporation are among the key players in the report.

Reading the Market for Decisions

For device makers, growth favours surface warming systems and neonatal applications. Investors get a market with steady, surgery-led demand. Procurement and hospital teams can plan around perioperative care carrying volume and North America offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global patient temperature management systems market for the 2017 to 2022 forecast period, with segmentation by product type, application, end user and region. It sizes each segment, maps the competitive field, and weighs the clinical forces shaping demand. Further detail is available in the patient temperature management systems market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.