Temperature Modulation Devices Market Size Worth $5.32 Billion By 2032 | CAGR: 6.7%

The global temperature modulation devices market size is expected to reach USD 5.32 billion by 2032, according to a new study by Polaris Market Research. The report “Temperature Modulation Devices Market Share, Size, Trends, Industry Analysis Report, By Product (Portable blood/IV Warming Devices, Convective Patient Heating Systems), By Application, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing occurrences of hypothermia observed during surgical procedures. Surgical settings often involve exposure of patients to lower temperatures, making them susceptible to hypothermia, a condition that can have adverse effects on patient outcomes. Additionally, the rising number of injuries leading to blood loss, whether due to accidents or medical procedures, emphasizes the crucial need for effective temperature modulation devices.

Furthermore, the demand for patient temperature control systems is escalating in military forces operating in extreme temperature environments. Military personnel often find themselves in situations where they are exposed to harsh weather conditions, including extreme cold or heat. Moreover, these individuals are also prone to gunshot wounds and explosive injuries, which can lead to a rapid loss of body heat. In such scenarios, having advanced temperature control systems becomes imperative to stabilize the body temperature of injured soldiers swiftly and efficiently, enhancing their chances of survival and recovery.

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The escalating number of road accidents is poised to significantly boost the demand for patient temperature control systems. According to the Global Status Report on Road Safety 2018, an alarming 1.35 million individuals lose their lives in road accidents annually. A substantial portion of these victims succumb to severe blood loss, emphasizing the critical need for immediate and effective medical interventions. Ambulatory services require advanced temperature control systems like blood/IV warmers to regulate the temperature of stored blood/IV solutions. This is crucial because cold storage fluids can exacerbate injuries and potentially induce fatal hypothermic shock in accident victims.

The global surge in surgical procedures has correspondingly driven a substantial demand for advanced patient warming technologies, including both conductive and convective patient warming devices. These innovative devices play a pivotal role in modern healthcare by assisting surgeons in maintaining a patient's body temperature at optimal levels throughout surgical procedures. Surgery-induced hypothermia, a condition where a patient's body temperature drops significantly during surgery, poses serious risks. It can lead to complications such as delayed wound healing, increased bleeding, and a higher susceptibility to infections. To mitigate these risks, surgeons rely on conductive and convective patient warming devices.

Temperature Modulation Devices Market Report Highlights

• Convective systems expected to grow at the fastest rate, as there is higher cases surgery based hypothermia cases
• Blood warmers will grow at substantial pace, owing to huge demand in ambulatory services and military operations
• APAC region will exhibit highest growth, primarily due to rise in healthcare expenditure and presence of huge population base
• The key market players include Stryker, Gentherm Medical, Belmont Medical, 3M, The Surgical Company, and ICU Medical

Polaris Market Research has segmented the temperature modulation devices market report based on product, application, and region:

Temperature Modulation Devices, Product Outlook (Revenue - USD Billion, 2023 - 2032)

• Portable Blood/IV fluid warmers
• Conductive patient warming systems
• Convective patient warming systems
• Conductive patient cooling systems
• Other Products & Accessories

Temperature Modulation Devices, Application Outlook (Revenue - USD Billion, 2023 - 2032)

• Perioperative Care
• Acute Care
• Chronic Care
• Newborn Care
• Others

Temperature Modulation Devices, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Temperature Modulation Devices Market Report Scope