Global Temperature Management Market
Medical Equipment

Global Temperature Management Market Overview And Prospects

Learn about the global temperature management market through The Business Research Company, which provides information on temperature management market size, temperature management market drivers and restraints, temperature management market players, the COVID-19 impact on the temperature management market, and more.

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The global temperature management market is expected to grow from $2.15 billion in 2020 to $2.36 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The temperature management market is expected to reach $2.75 billion in 2025 at a CAGR of 4%.

A rise in the prevalence of chronic diseases is expected to drive innovation in temperature management, thus driving the market during the forecast period.

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The temperature management market consists of sales of products or devices used to control and maintain specific body temperature through external warming or cooling for a specific duration. The temperature management devices are used in operation theatres during surgeries, ICU, blood warming, and in other chronic conditions such as cardiac ailments, neurological disorders and cancer.

Global temperature management market segments include:

By Product: Patient Warming Devices, Patient Cooling Devices

By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Others

By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Wearables are evolving at a rapid pace and are expected to be the new trend in the temperature management system market. Heat due to power consumption causes both circuit malfunctions and low-temperature burns to users. Therefore, researchers are proposing thermal management methods using 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.

TBRC’s temperature management market report covers:

Major Market Players: 3M Company, Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Smiths Medical, Stryker Corporation, The 37company (The Surgical Company), Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation), C. R. Bard, Mennen Medical, and Medtronic (Covidien).

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Temperature Management Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides temperature management market overviews, analyzes and forecasts market size, share, temperature management market players, temperature management market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s temperature management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Temperature Monitoring Devices Global Market Report 2021

Patient Monitoring Devices Global Market Report 2021

Patient Handling Equipment Market 2021

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