Temperature Modulation Devices Market Size, Share & Trends Analysis Report, By Product (Portable blood/IV Warming Devices, Convective Patient Heating Systems), By Region, And Segment Forecasts, 2019 - 2026

Published: Nov, 2019 | Pages: 110 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global temperature modulation devices market size is expected to reach USD 3.55 billion by 2026, registering a CAGR of 7.1% over the forecast period according to a new report by Grand View Research, Inc. Growing incidences of hypothermia during surgical procedures along with rising number of injuries induced blood loss is expected to drive the market over the forecast period. In addition, growing necessity for patient temperature control system in military forces operating in extreme temperature environment that are also prone to gunshot/explosive wounds, are also expected to propel the temperature control system market demand for such devices.

Increasing number of road accidents is also anticipated to augment the demand for patient temperature control systems. According to Global Status Report on Road Safety 2018, approximately 1.35 million individuals die of road accidents every year. A significant percent of victims die due to severe blood loss. Ambulatory services, therefore, need temperature control systems such as blood/IV warmers to regulate the temperature of stored blood/IV as cold storage fluids may aggravate the injuries within the victim and can also induce fatal hypothermic shock. Road mishaps is the 8th leading cause of death for individuals across all ages. This number is expected to grow by three times in the low-income economies as compared to high-income economies. Hence, growing number of road accidents is expected to drive the temperature control devices market in future.

Military use of temperature control devices such as blood/IV warmers is also significant with around 18-20.0% of the global demand for these devices being sourced for military/defense departments. Additionally, blood/IV warmers are also required by search and rescue forces, as they deal with numerous victims of natural calamities and mishaps that often occur in the remotest or most extreme environments.

Growth of surgical procedures worldwide has also led to the increase in demand for both conductive and convective patient warming devices. These devices help surgeons to maintain a patient's body temperature at optimum levels and prevent the risk of surgery induced hypothermia.

Further Key Findings from the Report Suggest:

• By product, convective patient warming systems is expected to grow in the forthcoming years owing to increasing need for surgical procedures and to increase the recovery speed among patients.

• Besides the temperature control system market for product accessories, the portable Blood/IV warmers segment is expected to see a respectable growth during the forecast period due to growing demand from ambulatory services and military/defense sectors

• Asia Pacific is anticipated to be the fastest growing segment owing to growing number of surgeries, presence of huge population demography, and increasing quality of healthcare demanded by patients

• The players profiled in temperature modulation devices market are Stryker, Gentherm Medical, Belmont Medical, Kimberly-Clark, 3M, Mennen Medical, and Smiths Medical

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                        1.1.1. Type
                        1.1.2. Procedure
                        1.1.3. Regional scope
                        1.1.4. Estimates and forecast timeline
                    1.2. Research Methodology
                    1.3. Information Procurement
                        1.3.1. Purchased database
                        1.3.2. GVR's internal database
                        1.3.3. Secondary sources
                        1.3.4. Primary research
                        1.3.5. Details of primary research
                            1.3.5.1. Data for primary interviews in North America
                            1.3.5.2. Data for primary interviews in Europe
                            1.3.5.3. Data for primary interviews in Asia Pacific
                            1.3.5.4. Data for primary interviews in Latin America
                            1.3.5.5. Data for Primary interviews in MEA
                    1.4. Information or Data Analysis
                        1.4.1. Data analysis models
                    1.5. Market Formulation & Validation
                    1.6. Model Details
                        1.6.1. Commodity flow analysis (Model 1)
                            1.6.1.1. Approach 1: Commodity flow approach
                        1.6.2. Volume price analysis (Model 2)
                            1.6.2.1. Approach 2: Volume price analysis
                    1.7. List of Secondary Sources
                    1.8. List of Primary Sources
                    1.9. Objectives
                        1.9.1. Objective 1: Understanding trends and variables in the individual countries and their impact on growth
                        1.9.2. Objective 2: Understanding market estimates and forecasts
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segment Outlook
                        2.2.1. Type
                        2.2.2. Procedure
                        2.2.3. Regional outlook
                    2.3. Competitive Insights
Chapter 3. Temperature Modulation Devices Market Variables, Trends & Scope
                    3.1. Penetration & Growth Prospect Mapping
                    3.2. Industry Value Chain Analysis
                        3.2.1. Regulatory framework
                        3.2.2. Reimbursement pathway
                    3.3. Market Dynamics
                        3.3.1. Market driver analysis
                            3.3.1.1. Growing incidence of road accidents and other fatalities
                            3.3.1.2. Increasing number of surgical procedures
                            3.3.1.3. Increasing demand from ambulatory services
                        3.3.2. Market restraint analysis
                            3.3.2.1. Temperature modulation devices are electricity dependent
                        3.3.3. Industry challenges
                    3.4. Temperature Modulation Devices: Market Analysis Tools
                        3.4.1. Industry Analysis - Porter's
                            3.4.1.1. Supplier power (High)
                            3.4.1.2. Buyer power
                            3.4.1.3. Substitution threat
                            3.4.1.4. Threat of new entrant
                            3.4.1.5. Competitive rivalry
                        3.4.2. PESTEL Analysis
                            3.4.2.1. Political landscape
                            3.4.2.2. Technological landscape
                            3.4.2.3. Economic landscape
                        3.4.3. Major Deals & Strategic Alliances Analysis
                        3.4.4. Market Entry Strategies
Chapter 4. Temperature Modulation Devices Market: Segment Analysis, By Type, 2015 - 2026 (USD Million)
                    4.1. Definitions and Scope
                    4.2. Procedure Type Market Share, 2018 & 2026
                    4.3. Segment Dashboard
                    4.4. Global Temperature Modulation Devices Market, by Type, 2015 to 2026
                    4.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
                        4.5.1. Portable Blood/IV fluid warmers
                            4.5.1.1. Portable Blood/IV fluid warmers Market Estimates & Forecasts, 2015 - 2026 (USD Million)
                        4.5.2. Conductive patient warming systems
                            4.5.2.1. Conductive patient warming systems Market Estimates & Forecasts, 2015 - 2026 (USD Million)
                        4.5.3. Convective patient warming systems
                            4.5.3.1. Convective patient warming system Market Estimates & Forecasts, 2015 - 2026 (USD Million)
                        4.5.4. Conductive patient cooling systems
                            4.5.4.1. Conductive patient cooling systems Market Estimates & Forecasts, 2015 - 2026 (USD Million)
                        4.5.5. Other Products & Accessories
                            4.5.5.1. Other products & accessories Market Estimates & Forecasts, 2015 - 2026 (USD Million)
Chapter 5. Temperature Modulation Devices Market: Regional Estimates & Trend Analysis
                    5.1. Regional market share analysis, 2018 & 2026
                    5.2. Regional Market Dashboard
                    5.3. Global Regional Market Snapshot
                    5.4. Global Temperature Modulation Devices Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2026:
                    5.5. North America
                        5.5.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.5.2. Market estimates and forecast, by procedure, 2015 - 2026 (USD Million)
                        5.5.3. U.S.
                            5.5.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.5.4. Canada
                            5.5.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                    5.6. Europe
                        5.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.6.2. U.K.
                            5.6.2.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.6.3. Germany
                            5.6.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.6.4. France
                            5.6.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.6.5. Italy
                            5.6.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.6.6. Spain
                            5.6.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                    5.7. Asia Pacific
                        5.7.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.7.2. Japan
                            5.7.2.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.7.3. China
                            5.7.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.7.4. India
                            5.7.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.7.5. Australia
                            5.7.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.7.6. South Korea
                            5.7.6.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                    5.8. Latin America
                        5.8.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.8.2. Brazil
                            5.8.2.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.8.3. Mexico
                            5.8.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.8.4. Argentina
                            5.8.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.8.5. Colombia
                            5.8.5.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                    5.9. MEA
                        5.9.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.9.2. South Africa
                            5.9.2.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.9.3. Saudi Arabia
                            5.9.3.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
                        5.9.4. UAE
                            5.9.4.1. Market estimates and forecast, by product, 2015 - 2026 (USD Million)
Chapter 6. Competitive Landscape
                    6.1. Recent Developments & Impact Analysis, By Key Market Participants
                        6.1.1. Key company market share analysis, 2018
                        6.1.2. Stryker Corporation
                            6.1.2.1. Company overview
                            6.1.2.2. Financial performance
                            6.1.2.3. Product benchmarking
                            6.1.2.4. Strategic initiatives
                        6.1.3. Gentherm Medical
                            6.1.3.1. Company overview
                            6.1.3.2. Financial performance
                            6.1.3.3. Product benchmarking
                            6.1.3.4. Strategic initiatives
                        6.1.4. Belmont Medical
                            6.1.4.1. Company overview
                            6.1.4.2. Financial performance
                            6.1.4.3. Product benchmarking
                            6.1.4.4. Strategic initiatives
                        6.1.5. Kimberly-Clark
                            6.1.5.1. Company overview
                            6.1.5.2. Financial performance
                            6.1.5.3. Product benchmarking
                            6.1.5.4. Strategic initiatives
                        6.1.6. 3M
                            6.1.6.1. Company overview
                            6.1.6.2. Financial performance
                            6.1.6.3. Product benchmarking
                            6.1.6.4. Strategic initiatives
                        6.1.7. Mennen Medical
                            6.1.7.1. Company overview
                            6.1.7.2. Financial performance
                            6.1.7.3. Product benchmarking
                            6.1.7.4. Strategic initiatives
                        6.1.8. Smith's Medical
                            6.1.8.1. Company overview
                            6.1.8.2. Financial performance
                            6.1.8.3. Product benchmarking
                            6.1.8.4. Strategic initiatives

List of Tables

Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global Temperature Modulation Devices Market, By Region 2015 - 2026 (USD Million)
Table 4 Global Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 5 Global Temperature Modulation Devices Market, Portable Blood/IV fluid warmers, 2015 - 2026 (USD Million)
Table 6 Global Temperature Modulation Devices Market, Conductive patient warming systems, 2015 - 2026 (USD Million)
Table 7 Global Temperature Modulation Devices Market, Convective patient warming systems, 2015 - 2026 (USD Million)
Table 8 Global Temperature Modulation Devices Market, Conductive patient cooling systems, 2015 - 2026 (USD Million)
Table 9 Global Temperature Modulation Devices Market, Other Products & Accessories, 2015 - 2026 (USD Million)
Table 10 North America Temperature Modulation Device Market, By Region, 2015 - 2026 (USD Million)
Table 11 North America Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 12 U.S. Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 13 Canada Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 14 Europe Temperature Modulation Device Market, By Region, 2015 - 2026 (USD Million)
Table 15 Europe Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 16 U.K. Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 17 Germany Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 18 France Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 19 Italy Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 20 Spain Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 21 Asia Pacific Temperature Modulation Device Market, By Region, 2015 - 2026 (USD Million)
Table 22 Asia Pacific Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 23 Japan Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 24 China Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 25 India Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 26 Australia Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 27 South Korea Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 28 Latin America Temperature Modulation Device Market, By Region, 2015 - 2026 (USD Million)
Table 29 Latin America Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 30 Brazil Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 31 Mexico Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 32 Argentina Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 33 Columbia Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 34 Middle East & Africa Temperature Modulation Device Market, By Region, 2015 - 2026 (USD Million)
Table 35 Middle East & Africa Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 36 South Africa Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 37 Saudi Arabia Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)
Table 38 UAE Temperature Modulation Devices Market, By Product, 2015 - 2026 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Primary interviews in North America
Fig. 5 Primary interviews in Europe
Fig. 6 Primary interviews in APAC
Fig. 7 Primary interviews in Latin America
Fig. 8 Primary interviews in MEA
Fig. 9 Market research approaches
Fig. 10 Value-chain-based sizing & forecasting
Fig. 11 QFD modeling for market share assessment
Fig. 12 Market formulation & validation
Fig. 13 Temperature Modulation Devices: Market Outlook
Fig. 14 Temperature Modulation Devices Market Competitive Insights
Fig. 15 Parent market outlook
Fig. 16 Related/ancillary market outlook
Fig. 17 Penetration and growth prospect mapping
Fig. 18 Industry value chain analysis
Fig. 19 Temperature Modulation Devices Market Driver Impact
Fig. 20 Temperature Modulation Devices Market Restraint Impact
Fig. 21 Temperature Modulation Devices Market Strategic Initiatives Analysis
Fig. 22 Temperature Modulation Devices Market: Modality Movement Analysis
Fig. 23 Temperature Modulation Devices Market: Modality outlook and key takeaways
Fig. 24 Temperature Modulation Devices Market: Product Movement Analysis
Fig. 25 Portable Blood/IV warmer market estimates and forecast, 2015 - 2026 (USD Million)
Fig. 26 Conductive Patient Warming Devices market estimates and forecast, 2015 - 2026 (USD Million)
Fig. 27 Convective Patient Warming Devices market estimates and forecast, 2015 - 2026 (USD Million)
Fig. 28 Convective Patient Cooling Devices market estimates and forecast, 2015 - 2026 (USD Million)
Fig. 29 Other Products & Accessories market estimates and forecast, 2015 - 2026 (USD Million)
Fig. 30 Global Temperature Modulation Devices Market: Regional Movement Analysis
Fig. 31 Global Temperature Modulation Devices Market: Regional Outlook and Key Takeaways
Fig. 32 Global Market Share And Leading Players
Fig. 33 North America Market Share And Leading Players
Fig. 34 Europe Market Share And Leading Players
Fig. 35 Asia Pacific Market Share And Leading Players
Fig. 36 Latin America Market Share And Leading Players
Fig. 37 Middle East & Africa Market Share And Leading Players
Fig. 38 North America: SWOT
Fig. 39 Europe SWOT
Fig. 40 Asia Pacific SWOT
Fig. 41 Latin America SWOT
Fig. 42 MEA SWOT
Fig. 43 North America, by country
Fig. 44 North America
Fig. 45 North America market estimates and forecast, 2015 - 2026
Fig. 46 U.S.
Fig. 47 U.S. market estimates and forecast, 2015 - 2026
Fig. 48 Canada
Fig. 49 Canada market estimates and forecast, 2015 - 2026
Fig. 50 Europe
Fig. 51 Europe. market estimates and forecast, 2015 - 2026
Fig. 52 UK
Fig. 53 UK market estimates and forecast, 2015 - 2026
Fig. 54 Germany
Fig. 55 Germany market estimates and forecast, 2015 - 2026
Fig. 56 France
Fig. 57 France market estimates and forecast, 2015 - 2026
Fig. 58 Italy
Fig. 59 Italy market estimates and forecast, 2015 - 2026
Fig. 60 Spain
Fig. 61 Spain market estimates and forecast, 2015 - 2026
Fig. 62 Asia Pacific
Fig. 63 Asia Pacific market estimates and forecast, 2015 - 2026
Fig. 64 China
Fig. 65 China market estimates and forecast, 2015 - 2026
Fig. 66 Japan
Fig. 67 Japan market estimates and forecast, 2015 - 2026
Fig. 68 India
Fig. 69 India market estimates and forecast, 2015 - 2026
Fig. 70 Thailand
Fig. 71 Thailand. market estimates and forecast, 2015 - 2026
Fig. 72 South Korea
Fig. 73 South Korea market estimates and forecast, 2015 - 2026
Fig. 74 Latin America
Fig. 75 Latin America market estimates and forecast, 2015 - 2026
Fig. 76 Brazil
Fig. 77 Brazil market estimates and forecast, 2015 - 2026
Fig. 78 Mexico
Fig. 79 Mexico market estimates and forecast, 2015 - 2026
Fig. 80 Argentina
Fig. 81 Argentina market estimates and forecast, 2015 - 2026
Fig. 82 Colombia
Fig. 83 Colombia market estimates and forecast, 2015 - 2026
Fig. 84 Middle East and Africa
Fig. 85 Middle East and Africa. market estimates and forecast, 2015 - 2026
Fig. 86 South Africa
Fig. 87 South Africa market estimates and forecast, 2015 - 2026
Fig. 88 Saudi Arabia
Fig. 89 Saudi Arabia market estimates and forecast, 2015 - 2026
Fig. 90 UAE
Fig. 91 UAE market estimates and forecast, 2015 - 2026
Fig. 92 Participant Categorization- Temperature Modulation Devices market
Fig. 93 Market share of key market players- Temperature Modulation Devices market