Global Patient Warming Devices Market: Snapshot
Hypothermia is a major cause of death in severely wounded patients. Rewarming is a major challenge, particularly for those who need operative or angiographic intervention. Patient warming is more than providing relief to the patients. Patient warming devices help patients to tolerate the unintended loss of body heat by helping them achieve normal body temperature or normothermia, leading to faster recovery. Patient warming devices are primarily used in health care settings by physicians and nursing staff for better care of the patients during surgeries and patient transfer, severely injured or diseased patients, anesthesia treated patients, and in acute care settings.
The increase in the number of surgical procedures, rise in the prevalence of cardiovascular and oncology conditions, growing geriatric population and various other factors has facilitated the growth of the market. Additionally, the introduction of technologically advanced products and increasing the awareness can create large number of opportunities for rapid growth of the market.
The global patient warming devices market is expected to reach US$2.78 bn by the end of 2024. The market was valued at US$1.73 bn in 2015. If these figures hold true, the global market will exhibit a CAGR of 5.3% between 2016 and 2024.
Use of Patient Warming Devices to Remain High in Perioperative Care
The market consists of various types of products such as surface warming systems, intravascular warming systems and patient warming accessories. Of these, surface warming systems accounted for 76% of the overall market in 2015, thus emerging as the leading segment. Through the course of the forecast period, the segment is expected to retain its dominance as surface warming systems are safe, efficient, simple to use, and come at low cost. However, the intravascular warming systems segment is expected to report a higher CAGR during the course of the forecast period. The growth witness in the segment is ascribable to the rising incidence of cardiovascular ailments, traumatic brain injury, and stroke.
Major patient warming device applications comprise four segments: Acute care, perioperative care, new born care, and others. Among major application segments for patient warming devices, acute care applications are gaining intense popularity and there have been increasing demand from acute care centers located world over. The perioperative care segment held the largest share in the global market in 2015. It is also expected to remain the dominant application segment through the forecast period. The rising incidence of severe illnesses and disorders that lead to the requirement of surgical intervention is often accompanied by hypothermia. Therefore, perioperative care segment would increasingly contribute towards the global patient warming devices market during the forecast period.
North America Emerges as Largest Regional Market for Patient Warming Devices
Geographically, the patient warming devices market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of 45.7% in the global patient warming devices market in 2015, followed by Europe and Asia Pacific respectively. The factors such as technological advancement, growing number of surgeries, well-established health care infrastructure as well as high awareness levels are responsible for the largest share of the North America patient warming devices market.
In addition, large geriatric population in the developed economies of North America, Europe is likely to support further growth of this market in these regions. Asia Pacific is anticipated to witness the fastest CAGR during the forecast period due to high prevalence cardiovascular and other severe illnesses/disorders, increase in the number of surgical procedures in several emerging economies, rise in geriatric population in few countries such as Japan and South Korea, and growing investments by market players.
The key players operating in the global patient warming devices market are 3M Health Care, ZOLL Medical Corporation, C. R. Bard, Inc., Smiths Medical, Stryker Corporation, Medtronic plc, GE Healthcare, Inspiration Healthcare (INDITHERM), and Philips Healthcare among others. The key market players are actively involved in constant innovations and developments related to technology and application to cater the multi-dimensional needs of the end-users for maintaining their position in the global market.
Patient Warming Devices Market to Gain Impetus from Rising Incidences of Chronic Diseases
The growing prevalence of oncology and cardiovascular disorders are expected to aid in expansion of the global patient warming devices market growth. Rewarming is a significant test, especially for the individuals who need employable or angiographic intercession. Patient warming is more than giving alleviation to the patients. Patient warming devices assist patients with enduring the unintended loss of body heat by assisting them with accomplishing ordinary internal heat level or normothermia, prompting quicker recuperation. Patient warming devices are essentially utilized in medical care settings by doctors and nursing staff for better consideration of the patients during medical procedures and patient exchange, seriously harmed or infected patients, sedation treated patients, and in intense consideration settings.
A significant factor which is relied upon to fuel the interest for patient warming devices is the increasing pace of untimely births just as the developing number of children. An increment in the quantity of geriatric populace who are more defenseless against different ongoing problems will likewise be a factor which is answerable for the development of this market. An expanding frequency of musculoskeletal problems by virtue of inactive way of life and extended periods spent in workplaces will likewise establish a positive climate for the development of this market.
The increment in the quantity of surgeries, ascend in the commonness of cardiovascular and oncology conditions, developing geriatric populace and different variables has encouraged the development of the market. Moreover, the presentation of innovatively progressed items and expanding the mindfulness can set out huge number of open doors for fast development of the market.
The expanded frequency of cardiovascular and malignant growth sicknesses has roused the solid interest for warming and refrigerating gear. In cases of disease, a fall in internal heat level prompts the malignant growth cells duplicating in the body of the patient. Patient warming frameworks and radiation treatment and chemotherapy are utilized to battle this issue. Besides, an expanded rate of cardiovascular failures and strokes is additionally seen as a significant driver for market development. In these cases, the body ought to be similarly cooler to raise the endurance rate and permit an ordinary working of the cerebrum. In the light of new temperature control innovations, for example, ground cushions, covers and head covers, mechanical advances have likewise expected to support market interest.
The global patient warming devices market is segmented as follows:
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by Product Type |
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by Applications |
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by End User |
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by Geography |
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Patient warming devices market is expected to reach US$2.78 bn by the end of 2024
Patient warming devices market will exhibit a CAGR of 5.3% between 2016 and 2024
Patient warming devices market is driven by rising rate of premature births as well as the growing number of neonates
The perioperative care segment held the largest share in the global patient warming devices market and, is also expected to remain the dominant application segment through the forecast period
Key players operating in the global patient warming devices market include 3M Health Care, Inspiration Healthcare (INDITHERM), C. R. Bard, Inc., ZOLL Medical Corporation
Section - 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
Section - 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Section-3 Executive Summary
3.1 Global Patient Warming Devices Market: Market Snapshot
3.2 Global Market: Opportunity Map
Section-4 Market Overview
4.1 Global Patient Warming Devices Market: Key Industry Developments
Section-5 Market Dynamics
5.1 Drivers and Restraints Snapshot Analysis
5.1.2 Drivers
5.1.2.1 Rising number of surgical procedures across the world
5.1.2.2 Increase in prevalence of cardiovascular and oncological conditions globally
5.1.2.3 Premature babies and neonatal hypothermia require temperature management products
5.1.2.4 Increase in the global geriatric population
5.1.2.5 Growing adoption of a sedentary lifestyle
5.1.2.6 Increasing incidences of work-related musculoskeletal disorders
5.1.3 Restraints
5.1.3.1 Product recalls
5.1.3.2 Excise duty imposed on medical device manufacturers
5.1.4 Opportunity Analysis
5.1.4.1 Introduction of Technologically Advanced Products
5.1.4.2 Economic Development & Improving Health Care Infrastructure in Emerging Economies
5.2 Global Patient Warming Devices Market Revenue Projection
5.3 Porter’s Five Forces Analysis
5.4 Patient Warming Devices Market Outlook
5.5 Regulatory Scenario (U.S.)
Section-6 Patient Warming Devices Market Analysis By Product Type
6.1 Key Findings
6.2 Introduction
6.3 Global Patient Warming Devices Market Value Share Analysis, By Product Type
6.4 Global Market Forecast By Product Type
6.4.1 Surface Warming Systems
6.4.2 Intravascular Warming Systems
6.4.3 Patient Warming Accessories
6.5 Global Patient Warming Devices Market Attractiveness Analysis By Product Type
Section-7 Global Patient Warming Devices Market Analysis By Application
7.1 Key Findings
7.2 Introduction
7.3 Global Patient Warming Devices Market Value Share Analysis, By Application Type
7.4 Global Patient Warming Devices Market Forecast By Application Type
7.4.1 Acute Care
7.4.2 Perioperative Care
7.4.3 New Born Care
7.4.4 Others
7.5 Global Patient Warming Devices Market Attractiveness Analysis By Application Type
Section-8 Global Patient Warming Devices Market Analysis By End User
8.1 Key Findings
8.2 Introduction
8.3 Global Patient Warming Devices Market Value Share Analysis, By End User
8.4 Global Market Forecast By End User
8.4.1 Hospitals
8.4.2 Clinics
8.4.3 Nursing Facilities
8.4.4 Others
8.5 Global Patient Warming Devices Market Attractiveness Analysis By End User
Section-9 Global Patient Warming Devices Market Analysis By Region
9.1 Global Regulatory Scenario
9.2 Global Market Value Share Analysis, By Region
9.3 Global Market Forecast, By Region
9.4 Global Market Attractiveness Analysis, By Region Type
Section-10 North America Patient Warming Devices Market Analysis
10.1 Key Findings
10.2 North America Patient Warming Devices Market Overview
10.3 North America Market Value Share Analysis, By Product Type
10.3.1 North America Market Forecast By Product Type
10.4 North America Market Value Share Analysis, By Application
10.4.1 North America Market Forecast By Application
10.5 North America Market Value Share Analysis, By End User
10.5.1 North America Market Forecast By End User
10.6 North America Market Forecast By Country
10.7 North America Market Attractiveness Analysis
10.8 North America Market Trends
Section-11 Europe Patient Warming Devices Market Analysis
11.1 Key Findings
11.2 Europe Patient Warming Devices Market Overview
11.3 Europe Market Value Share Analysis, By Product Type
11.3.1 Europe Market Forecast By Product Type
11.4 Europe Market Value Share Analysis, By Application
11.4.1 Europe Market Forecast By Application
11.5 Europe Market Value Share Analysis, By End User
11.5.1 Europe Market Forecast By End User
11.6 Europe Market Forecast By Country
11.7 Europe Market Attractiveness Analysis
11.8 Europe Market Trends
Section-12 Asia Pacific Patient Warming Devices Market Analysis
12.1 Key Findings
12.2 Asia Pacific Patient Warming Devices Market Overview
12.3 Asia Pacific Market Value Share Analysis, By Product Type
12.3.1 Asia Pacific Market Forecast By Product Type
12.4 Asia Pacific Market Value Share Analysis, By Application
12.4.1 Asia Pacific Market Forecast By Application
12.5 Asia Pacific Market Value Share Analysis, By End User
12.5.1 Asia Pacific Market Forecast By End User
12.6 Asia Pacific Market Forecast By Country
12.7 Asia Pacific Market Attractiveness Analysis
12.8 Asia Pacific Market Trends
Section-13 Latin America Patient Warming Devices Market Analysis
13.1 Key Findings
13.2 Latin America Patient Warming Devices Market Overview
13.3 Latin America Market Value Share Analysis, By Product Type
13.3.1 Latin America Market Forecast By Product Type
13.4 Latin America Market Value Share Analysis, By Application
13.4.1 Latin America Market Forecast By Application
13.5 Latin America Market Value Share Analysis, By End User
13.5.1 Latin America Market Forecast By End User
13.6 Latin America Market Forecast By Country
13.7 Latin America Market Attractiveness Analysis
13.8 Latin America Market Trends
Section-14 Middle East and Africa Patient Warming Devices Market Analysis
14.1 Key Findings
14.2 Middle East and Africa Market Overview
14.3 Middle East and Africa Market Value Share Analysis, By Product Type
14.3.1 Middle East and Africa Market Forecast By Product Type
14.4 Middle East and Africa Market Value Share Analysis, By Application
14.4.1 Middle East and Africa Market Forecast By Application
14.5 Middle East and Africa Market Value Share Analysis, By End User
14.5.1 Middle East and Africa Market Forecast By End User
14.6 Middle East and Africa Market Forecast By Country
14.7 Middle East and Africa Market Attractiveness Analysis
Section-15 Competition Landscape
15.1. Competition Matrix
15.2. Company Profiles
15.2.1. 3M Company
15.2.1.1 Company Overview
15.2.1.2 Business Overview
15.2.1.3 Financial Overview
15.2.1.4 SWOT Analysis
15.2.1.5 Strategic Overview
15.2.2 C. R. Bard, Inc.
15.2.2.1 Company Overview
15.2.2.2 Business Overview
15.2.2.3 Financial Overview
15.2.2.4 SWOT Analysis
15.2.2.5 Strategic Overview
15.2.3 Medtronic plc
15.2.3.1 Company Overview
15.2.3.2 Business Overview
15.2.3.3 Financial Overview
15.2.3.4 SWOT Analysis
15.2.3.5 Strategic Overview
15.2.4 Smiths Medical
15.2.4.1 Company Overview
15.2.4.2 Business Overview
15.2.4.3 Financial Overview
15.2.4.4 SWOT Analysis
15.2.4.5 Strategic Overview
15.2.5 Stryker Corporation
15.2.5.1 Company Overview
15.2.5.2 Business Overview
15.2.5.3 Financial Overview
15.2.5.4 SWOT Analysis
15.2.5.5 Strategic Overview
15.2.6 GE Healthcare
15.2.6.1 Company Overview
15.2.6.2 Business Overview
15.2.6.3 Financial Overview
15.2.6.4 SWOT Analysis
15.2.6.5 Strategic Overview
15.2.7 Philips Healthcare
15.2.7.1 Company Overview
15.2.7.2 Business Overview
15.2.7.3 Financial Overview
15.2.7.4 SWOT Analysis
15.2.7.5 Strategic Overview
15.2.8 Inspiration Healthcare Group plc
15.2.8.1 Company Overview
15.2.8.2 Business Overview
15.2.8.3 Financial Overview
15.2.8.4 SWOT Analysis
15.2.8.5 Strategic Overview
15.2.9 ZOLL Medical Corporation
15.2.9.1 Company Overview
15.2.9.2 Business Overview
15.2.9.3 Financial Overview
15.2.9.4 SWOT Analysis
15.2.9.5 Strategic Overview
15.2.10 Cincinnati Sub Zero
15.2.10.1 Company Overview
15.2.10.2 Business Overview
15.2.10.3 Financial Overview
15.2.10.4 SWOT Analysis
15.2.10.5 Strategic Overview
List of Tables
Table 01: Global Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 02: Global Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 03: Global Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 04: Global Patient Warming Devices Market Size (US$ Mn) Forecast, by Region, 2014–2024
Table 05: North America Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 06: North America Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 07: North America Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 08: North America Market Size (US$ Mn) Forecast, by Country, 2014–2024
Table 09: Europe Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 10: Europe Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 11: Europe Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 12: Europe Market Size (US$ Mn) Forecast, by Country, 2014–2024
Table 13: Asia Pacific Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 14: Asia Pacific Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 15: Asia Pacific Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 16: Asia Pacific Market Size (US$ Mn) Forecast, by Country, 2014–2024
Table 17: Latin America Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 18: Latin America Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 19: Latin America Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 20: Latin America Market Size (US$ Mn) Forecast, by Country, 2014–2024
Table 21: Middle East & Africa Patient Warming Devices Market Size (US$ Mn) Forecast, by Product Type, 2014–2024
Table 22: Middle East & Africa Market Size (US$ Mn) Forecast, by Application, 2014–2024
Table 23: Middle East & Africa Market Size (US$ Mn) Forecast, by End-user, 2014–2024
Table 24: Middle East & Africa Market Size (US$ Mn) Forecast, by Country, 2014–2024
List of Figures
Figure 01: Global Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 02: Global Patient Warming Devices Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 03: Global Market Attractiveness Analysis, by Product Type, 2015
Figure 04: Global Market Value Share Analysis, by Application, 2015 and 2024
Figure 05: Global Market Attractiveness Analysis, by Application, 2015
Figure 06: Global Market Value Share Analysis, by End-user, 2015 and 2024
Figure 07: Global Market Attractiveness Analysis, by End-user, 2015
Figure 08: Global Market Value Share Analysis, by Region, 2015 and 2024
Figure 09: Patient Warming Devices Market Attractiveness Analysis, by Region, 2015
Figure 10: North America Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 11: North America Market Size Y-o-Y Growth Projections, 2015–2024
Figure 12: North America Market Attractiveness Analysis, by Country, 2015
Figure 13: North America Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 14: North America Market Value Share Analysis, by Application, 2015 and 2024
Figure 15: North America Market Value Share Analysis, by End-user, 2015 and 2024
Figure 16: North America Market Value Share Analysis, by Country, 2015 and 2024
Figure 17: North America Market Attractiveness Analysis, by Product Type
Figure 18: North America Market Attractiveness Analysis, by Application
Figure 19: North America Market Attractiveness Analysis, by End-user
Figure 20: Europe Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 21: Europe Market Size Y-o-Y Growth Projections, 2015–2024
Figure 22: Europe Market Attractiveness Analysis, by Country, 2015
Figure 23: Europe Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 24: Europe Market Value Share Analysis, by Application, 2015 and 2024
Figure 25: Europe Market Value Share Analysis, by End-user, 2015 and 2024
Figure 26: Europe Market Value Share Analysis, by Country, 2015 and 2024
Figure 27: Europe Market Attractiveness Analysis, by Product Type
Figure 28: Europe Market Attractiveness Analysis, by Application
Figure 29: Europe Market Attractiveness Analysis, by End-user
Figure 30: Asia Pacific Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 31: Asia Pacific Market Size Y-o-Y Growth Projections, 2015–2024
Figure 32: Asia Pacific Market Attractiveness Analysis, by Country
Figure 33: Asia Pacific Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 34: Asia Pacific Market Value Share Analysis, by Application, 2015 and 2024
Figure 35: Asia Pacific Market Value Share Analysis, by End-user, 2015 and 2024
Figure 36: Asia Pacific Market Value Share Analysis, by Country, 2015 and 2024
Figure 37: Asia Pacific Market Attractiveness Analysis, by Product Type
Figure 38: Asia Pacific Market Attractiveness Analysis, by Application
Figure 39: Asia Pacific Market Attractiveness Analysis, by End-user
Figure 40: Latin America Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 41: Latin America Market Size Y-o-Y Growth Projections, 2015–2024
Figure 42: Latin America Market Attractiveness Analysis, by Country, 2015
Figure 43: Latin America Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 44: Latin America Patient Warming Devices Market Value Share Analysis, by Application, 2015 and 2024
Figure 45: Latin America Market Value Share Analysis, by End-user, 2015 and 2024
Figure 46: Latin America Market Value Share Analysis, by Country, 2015 and 2024
Figure 47: Latin America Market Attractiveness Analysis, by Product Type
Figure 48: Latin America Market Attractiveness Analysis, by Application
Figure 49: Latin America Market Attractiveness Analysis, by End-user
Figure 50: Middle East & Africa Patient Warming Devices Market Size (US$ Mn) Forecast, 2014–2024
Figure 51: Middle East & Africa Market Size Y-o-Y Growth Projections, 2015–2024
Figure 52: Middle East & Africa Market Attractiveness Analysis, by Country
Figure 53: Middle East & Africa Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 54: Middle East & Africa Market Value Share Analysis, by Application, 2015 and 2024
Figure 55: Middle East & Africa Market Value Share Analysis, by End-user, 2015 and 2024
Figure 56: Middle East & Africa Market Value Share Analysis, by Country, 2015 and 2024
Figure 57: Middle East & Africa Market Attractiveness Analysis, by Product Type
Figure 58: Middle East & Africa Market Attractiveness Analysis, by Application
Figure 59: Middle East & Africa Market Attractiveness Analysis, by End-user
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Patient Warming Devices Market Outlook, 2016-2024
