Temperature Management Market Size, Share & Trends Analysis Report By Product Type (Patient Warming Systems, Patient Cooling Systems), By Applications (Cardiology, Orthopedics, Neurology), By End-User (Operating Rooms, Intensive Care Units, Emergency Rooms) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global temperature management market size was valued at USD 3.65 billion in 2022. It is expected to reach USD 5.53 billion by 2030, growing at a CAGR of 4.72% during the forecast period (2023–2031).

The temperature management market consists of sales of products or devices that control and maintain specific body temperature through external warming or cooling for a particular duration. Temperature management devices are used in operation theatres during surgeries, ICU, blood warming, and other chronic conditions such as cardiac ailments, neurological disorders, and cancer. The high demand for heating and cooling appliances can be partly attributed to the increasing incidence of cancer and cardiovascular disease. Radiation therapy and chemotherapy are used with patient warming systems to combat this issue. The rising prevalence of cardiovascular diseases like heart attack and stroke is also expected to impact the market expansion significantly. A cooler body temperature is essential for optimal survival and proper brain function under these conditions.

Market Dynamics

Global Temperature Management Market Drivers:

Growing Prevalence of Cardiovascular and Cancer Diseases

The global burden of cancer and cardiovascular diseases is rising quickly over time. As a result, there is an increase in the demand for effective treatments for these diseases, such as thermal therapies and operations. Maintaining the human body temperature is necessary for these treatment options, which will increase demand for these devices. For instance, the National Cancer Institute states that hyperthermia, also referred to as thermal therapy or thermotherapy, is a type of therapy in which body tissue is heated to as high as 113 °F to aid in damaging and killing cancer cells with little to no harm to normal tissue. Maintaining body temperature is necessary for treating patients with hyperthermia treatments, which will accelerate market growth.

Rise in Surgical Procedures

The primary factor propelling the expansion of the market under study is the rising number of surgical procedures, primarily as a result of the growing geriatric population, rising C-sections, and cardiac surgeries globally as a result of a high prevalence of cardiovascular diseases and neurological diseases, as well as other chronic conditions where the suggestion of mandatory surgery is made. According to The Royal Children's Hospital Melbourne's article "Temperature management," which was updated in August 2019, maintaining a stable body temperature within normal ranges aids in optimizing metabolic processes and bodily functions. Patients run a higher risk of experiencing complications like infections, heart issues, excessive bleeding, and other unfavorable outcomes if they become hypothermic during surgery. As a result, the demand for temperature control devices in operating rooms will increase due to the need to maintain body temperature during a surgical procedure.

Global Temperature Management Market Restraints:

High Costs of Temperature Management Systems

One of the main factors impeding the growth of the temperature management market is the high cost of temperature control systems. The burden of cancer and cardiovascular disease cases is increasing on the global health system. The cost of medical devices is rising due to the involvement of numerous manufacturers and distributors. As a result, end users need help to buy these products, which restrains the market's expansion.

Additionally, additional expenses such as labor training, upkeep, transportation, and other expenses raise the price of temperature control devices proportionately. This cost increase constrains the market under study. Therefore, there is a decrease in the demand for temperature management devices due to the costs mentioned above; as a result, the growth of the temperature management market is anticipated to be hampered during the study period.

Global Temperature Management Market Opportunities:

Growing Adoption of Targeted Temperature Management (TTM) Modality

The burden of cancer and cardiovascular diseases and an increase in surgeries have driven the demand for patient temperature management devices over the past few years. Future market growth will be fueled by technological advancement, research and development studies that eliminate the risks of using these devices, and the introduction of reasonably priced temperature management devices. Future market growth will also be aided by the high rate of targeted temperature management (TTM) modality adoption for improving neurological outcomes in patients with out-of-hospital cardiac arrest. Initiating TTM within 122 minutes of hospital admission was linked to improved survival, per a study titled "Door to Targeted Temperature Management Initiation Time and Outcomes in Out-of-Hospital Cardiac Arrest: Insights from the Continuous Chest Compressions Trial" published in July 2019. Because TTM is more effective, patients experience better results, driving market expansion.

Regional Analysis

The global temperature management market is segmented by region into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

North America Dominates the Global Market

North America is the most significant revenue contributor and is expected to grow at a CAGR of 3.6% during the forecast period. The United States dominates the temperature control market. The market under study is expanding due to the rising incidence of traumatic brain injuries, cardiovascular diseases like cardiac arrests, technological advancements, and the presence of significant market players in the nation. Additionally, the number of temperature management product launches in the U.S. may encourage greater use of these devices, which is anticipated to fuel the market's expansion there.

Europe is expected to grow at a CAGR of 4.03% during the forecast period. Due to the high prevalence of cardiovascular diseases, Germany has a sizable base of international medical device companies working on developing new products. Furthermore, cardiovascular surgeries account for most of the growth in the German temperature control market. Additionally, it is anticipated that increasing progress in product development through R&D will fuel the expansion of the German market under study. For example, after surviving cardiac arrest, measuring core body temperature with a non-invasive, disposable sensor demonstrated excellent reliability during targeted temperature management, according to a study by German researchers published in Intensive Care Medicine and Anesthesiology in May 2021 and titled "Measuring Core Body Temperature Using a Non-invasive, Disposable Double-Sensor During Targeted Temperature Management in Post-cardiac Arrest Patients." This will result in the creation of advanced temperature management systems based on disposable sensors that are non-invasive, which is anticipated to propel market expansion in this area.

China is one of the regions in the temperature control market with the fastest growth. China's rapidly aging population, which predicts an increase in chronic conditions like heart disease that require surgical procedures as part of treatment, is a significant factor in the market's growth. This factor is expected to fuel the demand for temperature control. According to a 2020 study in the Chinese Medical Journal titled "Effect of temperature maintenance by forced-air warming blankets of different temperatures on changes in inflammatory factors in children undergoing congenital hip dislocation surgery," forced-air warming blankets set at 38°C effectively maintained steady body temperature in young patients after developmental hip surgery with few adverse effects. The growing advantages of temperature control systems in pediatric surgery will encourage greater use, which is anticipated to fuel market expansion in China.

Kingdom of Saudi Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates, and Oman are the six Arab nations that comprise the GCC. Two of the most developed economies in the Middle East and Africa are the Kingdom of Saudi Arabia and the United Arab Emirates, both of which have well-developed healthcare systems. This creates a significant opportunity for adopting temperature control systems in operating rooms and intensive care units, which is anticipated to fuel this market's growth in GCC nations. Additionally, it is expected that the development of this market in GCC nations will be driven by factors such as the rising prevalence of cardiovascular diseases, rising surgical rates, and increasing product exhibitions, among others. The growth of this market in GCC nations is anticipated to be driven by increasing temperature management systems exhibitions in the Arab Health events.

Brazil has a populace that is expanding and a supportive government. The private health industry in the nation is undergoing a significant change, which is a supporting factor for the temperature control market. Over the anticipated period, it is anticipated that the Brazilian market will experience substantial growth. The main factors driving the expansion of the regional market are; the rising prevalence of cardiovascular diseases, the rise in surgical procedures, and the demand for temperature control devices.As a result of the factors above, it is anticipated that the Brazilian market for temperature management systems will continue to grow.

Segmental Analysis

The global temperature management market is segmented by product type, application, and end-user.

Based on product type, the global temperature management market is bifurcated into patient warming systems and patient cooling systems.

The patient warming systems segment is the highest contributor to the market and is expected to grow at a CAGR of 3.96% during the forecast period. The patient warming system is subdivided into a conventional warming system, surface warming system, and intravascular warming system. the patient is heated by the surface warming system's mechanical heat generation (heating of air, water, or gels). Through the active body surface, accidental perioperative hypothermia is avoided. The market segment is expanding due to factors like the rising incidence of diseases like cancer, rising surgical costs, introduction of new products into the marketplace, and improvements in surface warming system technology.

The patient cooling systems are subdivided into Conventional Cooling Systems, Intravascular Cooling Systems, and Surface Cooling Systems. Cooling blankets are a common component of surface cooling systems. These blankets or pads are wrapped around the patient, and a cold liquid or cold air is circulated through them. Most of these tools have auto-feedback mechanisms that adjust the water or air temperature to maintain the predetermined target temperature, making them less labor-intensive and more straightforward to use. The expansion of the market segment is also aided by worldwide regulatory authority approval. For example, Cooler Heads Care Inc. received approval from the U.S. Food and Drug Administration in December 2021 to market its ground-breaking scalp-cooling device to assist cancer patients who are receiving chemotherapy to save their hair. Such approvals for marketing in various geographic locations fuel the growth of this market segment.

The global temperature management market is bifurcated based on applications in cardiology, orthopedics, and neurology.

The cardiology segment owns the highest market and is expected to grow at a CAGR of 3.8% during the forecast period. A cardiac arrest affects the blood flow to the brain and other organs, which can result in long-term damage. After a cardiac arrest, lowering body temperature to around 32–36°C can lessen brain damage and increase recovery chances. Therefore, temperature control tools or systems are crucial for cardiac patients. The market is growing due to the research article proving the need for temperature control in cardiac patients, which creates a demand for the temperature control system. The strategic alliances and agreements that market participants have signed to fortify their positions are also contributing to the market segment growth.

The other segments include cancer, kidney, and other disease treatments. They are increasing disease incidence and operation volume. Launching products in the market under study and technological advancements will also boost the segment's growth. Research showing the benefits of targeted temperature control in kidney disease patients is expanding the market study. A March 2020 Critical Care Journal article titled "Renal replacement therapy is independently associated with a lower risk of death in patients with severe acute kidney injury treated with targeted temperature management after out-of-hospital cardiac arrest" found that dialysis interventions were independently associated with a lower risk of death in patients with stage 3 AKI treated with targeted temperature management. Such advantages in treating diseases boost demand for temperature control products and expand the studied market.

Based on the end-user, the global temperature management market is bifurcated into operating rooms, intensive care units, and emergency rooms.

The intensive care unit segment is the highest contributor to the market and is expected to grow at a CAGR of 4.25% during the forecast period. In hospitals, intensive care units are designated areas for critical care where patients with life-threatening injuries and illnesses are treated, and their vital signs are tracked. Targeted temperature regulation is commonly employed in intensive care units to prevent central nervous system neuronal damage or degeneration (ICUs). The market segment is expanding due to factors like the rising disease burden and surgical rate.

The market will grow over the forecast period due to factors like the rising disease burden in the world, the rising demand for surgeries in various regions, and technological advancements. Additionally, research is being done to create new products for controlling the temperature in operating rooms. For instance, a World Journal of Surgery article from October 2019 titled "New Concept Air Conditioning System for the Operating Room to Minimize Patient Cooling and Surgeon Heating: A Historical Control Cohort Study" stated that the use of new air conditioning (A.C.) systems was designed with consideration for the characteristics of laparoscopic surgery to achieve both patients' normothermia and surgeons' comfort. The development of this market segment is fueled by new ideas for controlling the temperature in operating rooms.

Impact of covid-19

Recent Developments

• November 2022- 3M and the US Environmental Protection Agency agreed on strategies to deal with per- and polyfluoroalkyl substances (PFAS) in the Cordova region (EPA). In accordance with the contract, 3M will intensify its efforts to solve the issue of historical PFAS manufacture in the area and adopt brand-new, cutting-edge technology at its facility in Cordova to raise the caliber of water utilized in its operations.
• November 2022- The first and only infusion set with a label for up to a seven-day wear period, Medtronic Extended was launched in the United States, according to Medtronic plc, a leader in healthcare technology. A set change for an infusion set, a tube that transports insulin from an insulin pump to the body, is typically necessary every two to three days.