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U.S. Temperature Modulation Devices Market Size, Share & Trends Analysis Report by Product (Portable Blood/IV Warming Devices, Convective Patient Warming Systems, Conductive Patient Cooling Systems), and Segment Forecasts, 2024-2030

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    Report

  • 80 Pages
  • June 2024
  • Region: United States
  • Grand View Research
  • ID: 5982997
The U.S. temperature modulation devices market size is anticipated to reach USD 1.60 billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030. The increasing number of surgical procedures and the growing popularity of ambulatory surgeries in the U.S. drive the temperature modulation devices market. These devices are utilized during and after surgery to regulate a patient's body temperature, prevent hypothermia or hyperthermia, and promote optimal surgical outcomes.

Furthermore, the increasing prevalence of chronic diseases such as cardiovascular disorders and neurological conditions is a significant factor contributing to the market growth. The growing prevalence of chronic diseases necessitates developing and adopting innovative medical devices, such as temperature modulators, for improved patient care and outcomes.

Continuous technological advancements is a key demand driver for temperature modulation devices in the U.S. Innovations such as advanced cooling systems, precise temperature monitoring capabilities, and improved safety features have enhanced the effectiveness and efficiency of these devices. Healthcare providers are increasingly adopting these advanced technologies to improve patient outcomes and enhance the quality of care. For instance, in July 2023, ZOLL Medical Corporation announced the signing of an exclusive agreement with BrainCool AB to distribute BrainCool System/IQool System and the IQool System Pads in the U.S. The agreement expands Zoll's temperature management solutions to include surface and intravascular technology options.

U.S. Temperature Modulation Devices Market Report Highlights

  • Based on product, the convective patient warming systems sector dominated the market with more than 27.9% revenue share in 2023 and is expected to grow at the fastest CAGR from 2024 to 2030
  • This growth of the convective patient warming systems segment can be attributed to advancements in technologies, increasing prevalence of hypothermia, rising number of surgical procedures, and growing focus on patient improvement
  • January 2024, The Surgical Company launched TSC Life, a global medical technology company focused on ICU, OR, and urology. TSC Life results from merging The Surgical Company's business units, focusing on single-use endoscopy and patient temperature management (PTM).

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Product
1.2.2. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Volume price analysis (Model 2)
1.8. List of Secondary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.3. Competitive Insights
Chapter 3. U.S. Temperature Modulation Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.2. Market restraint analysis
3.3. U.S. Temperature Modulation Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
Chapter 4. U.S. Temperature Modulation Market: Product Estimates & Trend Analysis
4.1. Product Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S. Temperature Modulation Market by Product Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 For The Following
4.4.1. Convective patient warming systems
4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. Portable blood/IV fluid warmers
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.3. Conductive patient cooling systems
4.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.4. Conductive patient warming systems
4.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.5. Other products & accessories
4.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Competitive Landscape
5.1. Recent Developments & Impact Analysis, By Key Market Participants
5.2. Company/Competition Categorization
5.3. Vendor Landscape
5.3.1. List of key distributors and channel partners
5.3.2. Key customers
5.3.3. Key company heat map analysis, 2023
5.4. Company Profiles
5.4.1. 3M
5.4.1.1. Company overview
5.4.1.2. Financial performance
5.4.1.3. Product benchmarking
5.4.1.4. Strategic initiatives
5.4.2. Belmont Medical Technologies
5.4.2.1. Company overview
5.4.2.2. Financial performance
5.4.2.3. Product benchmarking
5.4.2.4. Strategic initiatives
5.4.3. GE Healthcare
5.4.3.1. Company overview
5.4.3.2. Financial performance
5.4.3.3. Product benchmarking
5.4.3.4. Strategic initiatives
5.4.4. BD
5.4.4.1. Company overview
5.4.4.2. Financial performance
5.4.4.3. Product benchmarking
5.4.4.4. Strategic initiatives
5.4.5. ICU Medical
5.4.5.1. Company overview
5.4.5.2. Financial performance
5.4.5.3. Product benchmarking
5.4.5.4. Strategic initiatives
5.4.6. The Surgical Company
5.4.6.1. Company overview
5.4.6.2. Financial performance
5.4.6.3. Product benchmarking
5.4.6.4. Strategic initiatives
5.4.7. Stryker
5.4.7.1. Company overview
5.4.7.2. Financial performance
5.4.7.3. Product benchmarking
5.4.7.4. Strategic initiatives
5.4.8. Gentherm
5.4.8.1. Company overview
5.4.8.2. Financial performance
5.4.8.3. Product benchmarking
5.4.8.4. Strategic initiatives
5.4.9. ZOLL Medical Corporation
5.4.9.1. Company overview
5.4.9.2. Financial performance
5.4.9.3. Product benchmarking
5.4.9.4. Strategic initiatives
List of Tables
Table 1 List of abbreviations
Table 2 U.S. temperature modulation market, by product, 2018-2030 (USD Million)
List of Figures
Figure 1 Market research process
Figure 2 Data triangulation techniques
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value-chain-based sizing & forecasting
Figure 6 QFD modeling for market share assessment
Figure 7 Market formulation & validation
Figure 8 U.S. temperature modulation market: market outlook
Figure 9 U.S. temperature modulation competitive insights
Figure 10 Parent market outlook
Figure 11 Related/ancillary market outlook
Figure 12 Penetration and growth prospect mapping
Figure 13 U.S. temperature modulation market driver impact
Figure 14 U.S. temperature modulation market restraint impact
Figure 15 U.S. temperature modulation market: Product movement Analysis
Figure 16 U.S. temperature modulation market: Product outlook and key takeaways
Figure 17 Convective patient warming systems market estimates and forecasts, 2018-2030 (USD Million)
Figure 18 Portable blood/IV fluid warmers market estimates and forecasts, 2018-2030 (USD Million)
Figure 19 Conductive patient cooling systems market estimates and forecasts, 2018-2030 (USD Million)
Figure 20 Conductive patient warming systems market estimates and forecasts, 2018-2030 (USD Million)
Figure 21 Other products & accessories market estimates and forecasts, 2018-2030 (USD Million)

Companies Mentioned

  • 3M
  • Belmont Medical Technologies
  • GE Healthcare
  • BD
  • ICU Medical
  • The Surgical Company
  • Stryker
  • Gentherm
  • ZOLL Medical Corporation

Methodology

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Table Information