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Temperature Management Market worth $2.5 Billion by 2019

The report “Temperature Management Market by Product (Surface & Intravascular Systems- Warming & Cooling), Application (Acute & Perioperative Care, Delivery Suite), End User (Surgeon & Anesthesiologist, Nursing & Paramedical Staff) - Global Forecasts & Trends to 2019” analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Browse 100 market data tables and 76 figures spread through 207 pages and in-depth TOC on “Temperature Management Market”

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This report studies the global temperature management market over the forecast period of 2014 to 2019. The market is expected to reach $2.5 billion by 2019 at CAGR of 2.4% from 2014 to 2019.

A number of factors such as the worldwide development of technologically advanced temperature management systems, increase in aging population (which in turn is increasing the demand for age-related surgeries), and growing prevalence of cancer and cardiovascular diseases are propelling the growth of the global market. However, unfavorable healthcare reforms in the U.S., product recalls, and rising price pressure on market players are some major factors restraining the growth of this market. In addition to this, the stringent regulatory policy in developed countries is a key challenge faced by market players in the market.

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On the basis of products, the global Temperature Management Market is classified into two major segments, namely, patient warming systems and patient cooling systems. The patient warming systems segment is further classified into surface warming systems, intravascular warming systems, and patient warming accessories. The surface warming systems market is categorized into two subsegments, namely, convective warming systems and conductive warming systems. Likewise, the patient cooling systems market is categorized into surface cooling systems, intravascular cooling systems, and patient cooling accessories.

On the basis of applications, the global Temperature Management Market is divided into four major segments, namely, acute care, perioperative care, newborn care, and others. The acute care market is further classified into six segments, namely, intensive care unit, emergency room, coronary care unit, neuro-intensive care unit, burn center, and catheterization laboratory. Similarly, the perioperative care market is classified into three segments, namely, operating theater, recovery room, and preoperative care unit; whereas the newborn care market is divided into three segments, namely, delivery suites, neonatal intensive care unit, and postnatal wards. The others segmentation includes medical or surgical unit, physiotherapy, military applications, patient transport, and chemotherapy.

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On the basis of end users, the global Temperature Management Market is divided into three major segments, namely, surgeons and anesthesiologists, nursing staff, and paramedical staff.

On the basis of geography, this market is classified into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. In 2014, the global temperature management market was dominated by North America. A number of factors such as the large volume of surgical procedures in North American countries, increasing number of surgical centers, high incidences of cardiac arrests and neurological disorders, and high adoption rate of technologically advanced devices in North American countries are driving the growth of the market in the North American region. The Asia-Pacific market is expected to grow at the highest CAGR from 2014 to 2019 due to factors such as large population base, increase in modernization of healthcare infrastructure, and rising government efforts to broaden public access for elective surgery.

Some of the major players in the global temperature management market are 3M Company (U.S.), C.R. Bard, Inc. (U.S.), Cincinnati Sub-Zero Products Inc. (U.S.), Covidien plc (Ireland), Geratherm Medical AG (Germany), Inditherm plc (U.K.), Koninklijke Philips N.V. (Netherlands), Smiths Group plc (U.S.), Stryker Corporation (U.S.), and ZOLL Medical Corporation (U.S.).

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