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

by Sameer Joshi or 12-Aug-2021
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Report : 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

Perioperative Care Segment tGrow Significantly During 2021–2028
According tour latest research study on “Temperature Management Systems Market Forecast t2028 – COVID-19 Impact and Global Analysis – by Product, Application, Medical Indication,” the market is projected treach US$ 3,343.41 million by 2028 from US$ 2,332.93 million in 2021; it is expected tgrow at a CAGR of 5.3% from 2021 t2028. The report highlights trends prevailing in the market and the factors driving and restraining the market growth.
Temperature management systems, called as thermal management systems, utilizes heat transfer and thermodynamics tmanage the temperature of a system. Temperature management systems aid in regulating and maintaining the normal body temperature of patients in intensive care, resting rooms, OT's, and other regions of hospitals. These systems are captious for patients in every setting. Temperature management is a type of active treatment for a specific period during recovery when the blood flow tthe brain is poor. The factors such as the increasing prevalence of chronic disease and cardiovascular diseases and rising number of surgical procedure drive the growth of the temperature management systems market.
However, high cost of these products is expected trestrict the market growth ta certain extent during the forecast period
Based on application, the temperature management systems market is segmented intperioperative care, acute care, newborn care, and others. The perioperative care segment held the largest share of the market in 2020, whereas the acute care segment is estimated tregister the highest CAGR in the market 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 global temperature management systems market.
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
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