sales@businessmarketinsights.com     UK: +442081254005
   

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

Code: TIPRE00023847 | Pages: 145 | Industry: Medical Device | Date: Jul 2021
Covid

Market Introduction

The temperature management systems market in North America is further segmented into the US, Canada, and Mexico. The US held the largest share of the North America temperature management systems market in 2020. The growth of this market is primarily driven by increasing prevalence of chronic and cardiac diseases, growing number of product launches by key players, and increasing focus on preventive measures to deal with disease prevalence and patient monitoring. According to the Centers for Disease Control and Prevention (CDC) in the 2019, almost 6 in 10 people in the US suffer from at least one chronic disease and 4 in 10 people have two or more chronic diseases. Also, cancer is one of the leading causes of death in the North America region. Additionally, increase in ageing population, rise in the number of accidents, and increase in the number of hospital admissions are among factors driving the number of surgical procedures across the world. For instance as per the data provided by Population Reference Bureau, the number of Americans ages 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and the 65-and-older age group’s share of the total population will rise from 16 percent to 23 percent. Rising prevalence of chronic disease and cardiovascular diseases is the major factor driving the growth of the North America temperature management systems market.

North America is witnessing the growing number of COVID-19 cases, for instance, in the United States the number of cases has been increased to 34,227,237 with 612,701 deaths reported. Additionally, Mexico and Canada cases are also growing. Due to coronavirus spreading, many cities are shutting down causing treatments and doctor’s appointment cancellation. Patients with serious health conditions, such as Cardiovascular, General surgery, Musculoskeletal, OB and GYN, Vascular needs physical distancing with others, however, delays in such chronic disease treatments is distressing. Therefore, although there has been a disruption in manufacturing and supply chain models of the manufacturing companies, the heightened demand for temperature management systems led to spur in the market growth.

 




Market Overview and Dynamics

The temperature management systems market in North America is expected to grow from US$ 874.38 million in 2021 to US$ 1,271.17 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028. Industry players are conducting a vast number of research & development activities to develop advanced temperature monitoring systems. These technology partnerships are likely to offer significant opportunities for the new product launches and introduction of a wide variety of products during the forecast period. For instance, in June 2021, ZOLL and Global Healthcare SG signed an exclusive agreement to distribute a portable targeted temperature management system. Moreover, in May 2020, ZOLL Medical Corporation announced its Japanese subsidiary, Asahi Kasei ZOLL Medical Corp (AZM), which has obtained approval from Japan’s Pharmaceuticals and Medical Devices Agency (PMDA) to market the company’s Thermogard XP (TGXP) Temperature Management System for sudden cardiac arrest. Further, in 2017, Stryker announced the launch of Altrix, a next-generation precision temperature management system used in all clinical settings. In addition, Smiths Medical, a leading global medical device manufacturer, launched the Level 1 convective warmer. This next-generation high-flow convective warmer gives health care providers a peaceful, simple, and safe thermal care solution to help patients maintain average body temperature through every stage of surgery. Further, consolidation of research and development activities leads to product innovations that are likely to offer significant opportunities for product adoption. Likewise, a robust focus on research activities can offer expanded growth opportunity for the temperature management systems market during the forecast period. This is bolstering the growth of the North America temperature management systems market.

Key Market Segments

The market for North America temperature management systems market is segmented into product, application, medical indication, and country. Based on product, the market is segmented into patient warming systems and patient cooling systems. The patient warming systems segment dominated the market in 2020 and patient cooling systems segment is expected to be the fastest growing during the forecast period. Further patient warming systems has been bifurcated into surface warming systems, intravascular warming systems, and warming accessories. Similarly patient cooling systems is bifurcated into surface cooling systems, intravascular cooling systems, and cooling accessories. Based on application the market is segmented into perioperative care, acute care, newborn care, and others. The perioperative care segment dominated the market in 2020 and acute care segment is expected to be the fastest growing during the forecast period. Based on medical indication the market is segmented into general surgery, cardiology, neurology, pediatrics, thoracic surgery, orthopedic surgery, and others. The general surgery segment dominated the market in 2020 and cardiology segment is expected to be the fastest growing during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the temperature management systems market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M, BD, Dragerwerk AG & Co. KGaA, Ecolab, GENTHERM, Inspiration Healthcare Group plc, Smiths Medical, Stryker Corporation, and ZOLL MEDICAL CORPORATION among others.

Reasons to buy report

  • To understand the North America temperature management systems market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America temperature management systems market
  • Efficiently plan M&A and partnership deals in North America temperature management systems market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America temperature management systems market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Temperature Management Systems Market Segmentation

North America Temperature Management Systems Market -By Product

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

North America Temperature Management Systems Market -By Application

  • Perioperative Care
  • Acute Care
  • Newborn Care
  • Others

North America Temperature Management Systems Market -By Medical Indication

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

North America Temperature Management Systems Market -By Country

  • US
  • Canada
  • Mexico

North America Temperature Management Systems Market -Company Profiles

  • 3M
  • BD
  • Dragerwerk AG & Co. KGaA
  • Ecolab
  • GENTHERM
  • Inspiration Healthcare Group plc
  • Smiths Medical
  • Stryker Corporation
  • ZOLL MEDICAL CORPORATION
 

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Temperature Management Systems Market – By Product

1.3.2        North America Temperature Management Systems Market – By Application

1.3.3        North America Temperature Management Systems Market – By Medical Indication

1.3.4        North America Temperature Management Systems Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Temperature Management Systems Market – Market Landscape

4.1         Overview

4.2         North America PEST Analysis

4.3         Expert Opinions

5.           North America Temperature Management Systems Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Prevalence of Chronic Disease and Cardiovascular Diseases

5.1.2        Increase in Number of Surgical Procedures

5.2         Market Restraints

5.2.1        High Price of Products

5.3         Market Opportunities

5.3.1        Growing Research & Development Activities and Product Launches

5.4         Future Trends

5.4.1        Controlling Wearable Diagnostic and Therapeutic Device for Hyperthermic and Hypothermic Patients

5.5         Impact Analysis

6.           Temperature Management Systems Market – North America Analysis

6.1         North America Temperature Management Systems Market Revenue Forecast and Analysis

7.           North America Temperature Management Systems Market Analysis – By Product

7.1         Overview

7.2         Temperature Management Systems Market Revenue Share, by Product 2020 and 2028)

7.3         Patient Warming Systems

7.3.1        Overview

7.3.2        Patient Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.3.2.1          Surface Warming Systems

7.3.2.1.1          Overview

7.3.2.1.2          Surface Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.3.2.2          Intravascular Warming Systems

7.3.2.2.1          Overview

7.3.2.2.2          Intravascular Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.3.2.3          Warming Accessories

7.3.2.3.1          Overview

7.3.2.3.2          Warming Accessories: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.4         Patient Cooling Systems

7.4.1        Overview

7.4.2        Patient Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.4.2.1          Surface Cooling Systems

7.4.2.1.1          Overview

7.4.2.1.2          Surface Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.4.2.2          Intravascular Cooling Systems

7.4.2.2.1          Overview

7.4.2.2.2          Intravascular Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

7.4.2.3          Cooling Accessories

7.4.2.3.1          Overview

7.4.2.3.2          Cooling Accessories: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

8.           North America Temperature Management Systems Market – By Application

8.1         Overview

8.2         North America Temperature Management Systems Market, by Application, 2020 and 2028 (%)

8.3         Perioperative Care

8.3.1        Overview

8.3.2        Perioperative Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Acute Care

8.4.1        Overview

8.4.2        Acute Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Newborn Care

8.5.1        Overview

8.5.2        Newborn Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Temperature Management Systems Market – By Medical Indication

9.1         Overview

9.2         North America Temperature Management Systems Market, by Medical Indication, 2020 and 2028 (%)

9.3         General Surgery

9.3.1        Overview

9.3.2        General Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Cardiology

9.4.1        Overview

9.4.2        Cardiology: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Neurology

9.5.1        Overview

9.5.2        Neurology: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Pediatrics

9.6.1        Overview

9.6.2        Paediatrics: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Thoracic Surgery

9.7.1        Overview

9.7.2        Thoracic Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.8         Orthopedic Surgery

9.8.1        Overview

9.8.2        Orthopedic Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.9         Others

9.9.1        Overview

9.9.2        Others: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.        North America Temperature Management Systems Market – Country Analysis

10.1      North America: Temperature Management Systems Market

10.1.1     Overview

10.1.2     North America: Temperature Management Systems Market, by Country, 2020 & 2028 (%)

10.1.3     US: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.3.1       US: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.3.2       US Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.3.2.1       US Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.3.2.2       US Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.3.3       US Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.3.4       US Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

10.1.4     Canada: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.4.1       Canada: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.4.2       Canada Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.4.2.1       Canada Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.4.2.2       Canada Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.4.3       Canada Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.4.4       Canada Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

10.1.5     Mexico: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.5.1       Mexico: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

10.1.5.2       Mexico Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

10.1.5.2.1       Mexico Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.5.2.2       Mexico Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.5.3       Mexico Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.5.4       Mexico Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

11.        Impact of COVID-19 Pandemic on North America Temperature Management Systems Market

11.1      Overview

12.        Company Profiles

12.1      3M

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      ZOLL MEDICAL CORPORATION

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      BD

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Smiths Medical

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Dragerwerk AG & Co. KGaA

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Ecolab

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      GENTHERM

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Inspiration Healthcare Group plc

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Stryker Corporation

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

LIST OF TABLES

Table 1.             North America Temperature Management Systems Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 3.             US Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 4.             US Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 5.             US Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             US Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

Table 7.             Canada Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 8.             Canada Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             Canada Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 10.          Canada Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          Canada Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

Table 12.          Mexico Temperature Management Systems Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 13.          Mexico Patient Warming Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 14.          Mexico Patient Cooling Systems Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 15.          Mexico Temperature Management Systems Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 16.          Mexico Temperature Management Systems Market, by Medical Indication – Revenue and Forecast to 2028 (USD Million)

Table 17.          Glossary of Terms, North America Temperature Management Systems Market

LIST OF FIGURES

Figure 1.           North America Temperature Management Systems Market Segmentation

Figure 2.           North America Temperature Management Systems Market Segmentation, By Country

Figure 3.           North America Temperature Management Systems Market Overview

Figure 4.           Patient Warming Systems Segment Held Largest Share of North America Temperature Management Systems Market

Figure 5.           Canada to Show Significant Growth During Forecast Period

Figure 6.           North America PEST Analysis

Figure 7.           North America Temperature Management Systems Market Impact Analysis of Drivers and Restraints

Figure 8.           North America Temperature Management Systems Market – Revenue Forecast And Analysis

Figure 9.           Temperature Management Systems Market Revenue Share, by Product (2020 and 2028)

Figure 10.        North America Patient Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Surface Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Intravascular Warming Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Warming Accessories: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Patient Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Surface Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America Intravascular Cooling Systems: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Cooling Accessories: Temperature Management Systems Market– Revenue and Forecast to 2028 (US$ Million)

Figure 18.        North America Temperature Management Systems Market, by Application, 2020 and 2028 (%)

Figure 19.        North America Perioperative Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Acute Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        North America Newborn Care: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America Others: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        North America Temperature Management Systems Market, by Medical Indication, 2020 and 2028 (%)

Figure 24.        North America General Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America Cardiology: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America Neurology: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        North America Pediatrics: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        North America Thoracic Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        North America Orthopedic Surgery: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        North America Others: Temperature Management Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        North America: Temperature Management Systems Market, by Key Country – Revenue (2020) (USD Million)

Figure 32.        North America: Temperature Management Systems Market, by Country, 2020 & 2028 (%)

Figure 33.        US: Temperature Management Systems market – Revenue and Forecast to 2028 (USD Million)

Figure 34.        Canada: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

Figure 35.        Mexico: Temperature Management Systems Market – Revenue and Forecast to 2028 (USD Million)

Figure 36.        Impact of COVID-19 Pandemic in North American Country Markets




  1. 3M
  2. BD
  3. Dragerwerk AG & Co. KGaA
  4. Ecolab
  5. GENTHERM
  6. Inspiration Healthcare Group plc
  7. Smiths Medical
  8. Stryker Corporation
  9. ZOLL MEDICAL CORPORATION
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Temperature Management Systems market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Temperature Management Systems market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Temperature Management Systems market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Related Tags North America Temperature Management Systems Market North America Temperature Management Systems Market Research North America Temperature Management Systems Market Insight North America Temperature Management Systems Market Trends North America Temperature Management Systems Market Forecast North America Temperature Management Systems Market Share North America Temperature Management Systems Market 2028 North America Temperature Management Systems Market Growth North America Temperature Management Systems Industry Sector North America Temperature Management Systems PDF Report North America Temperature Management Systems Analysis North America Temperature Management Systems Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000