Temperature Management Systems Market is expected to reach US$ 3,343.41 Mn by 2028

Patient Cooling Systems Segment to Register Highest CAGR During 2021–2028

According to our latest research study on “Temperature Management Systems Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Application, Medical Indication,” the market is projected to reach US$ 3,343.41 million by 2028 from US$ 2,332.93 million in 2021; it is expected to grow at a CAGR of 5.3% from 2021 to 2028. The report highlights trends prevailing in the market and the factors driving and restraining the market growth.

Based on product, the global temperature management systems market is segmented into patient warming systems and patient cooling systems. The patient warming systems segment held the largest share of the market in 2020, whereas the patient cooling systems is anticipated to register the highest CAGR in the market during the forecast period.

The growth of the market is attributed to key driving factors such as increasing prevalence of chronic disease and cardiovascular diseases and rising number of surgical procedures. However, high cost of these products is expected to restrict the market growth to a certain extent during the forecast period. 3M, ZOLL MEDICAL CORPORATION, BD, Smiths Medical, Dragerwerk AG & Co. KGaA, Ecolab, GENTHERM, Geratherm Medical AG, Inspiration Healthcare Group plc, and Stryker Corporation are among the major companies operating in the market.

Global Temperature Management Systems Market, by Region, 2020 (%)

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Temperature Management Systems Market Size | Report By 2028

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Temperature Management Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Patient Warming Systems, and Patient Cooling Systems); Application (Perioperative Care, Acute Care, Newborn Care, and Others); Medical Indication (General Surgery, Cardiology, Neurology, Pediatrics, Thoracic Surgery, Orthopedic Surgery, and Others), and Geography

The report segments global temperature management systems market as follows:

By Product

• Patient Warming Systems
  • Surface Warming Systems
  • Intravascular Warming Systems
  • Warming Accessories
• Patient Cooling Systems
  • Surface Cooling Systems
  • Intravascular Cooling Systems
  • Cooling Accessories

By Application

• Perioperative Care
• Acute Care
• Newborn Care
• Others

By Medical Indication

• General Surgery
• Cardiology
• Neurology
• Pediatrics
• Thoracic Surgery
• Orthopedic Surgery
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina
  • Rest of South and Central America