Global Patient Warming Devices Strategic Business Report 2023: Uptrend in Healthcare Spending to Result in Improved Opportunities

DUBLIN, June 19, 2023 /PRNewswire/ -- The "Patient Warming Devices: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Patient Warming Devices estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.2 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030.

Surface Warming Systems, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$1.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Intravascular Warming Systems segment is readjusted to a revised 7.2% CAGR for the next 8-year period.



The U.S. Market is Estimated at $715.9 Million, While China is Forecast to Grow at 8.1% CAGR



The Patient Warming Devices market in the U.S. is estimated at US$715.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$451.9 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.5% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 4.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$260.6 Million by the year 2030.



Select Competitors (Total 48 Featured) -

• 3M Company
• Augustine Surgical, Inc.
• Barkey GmbH & Co. KG
• Becton, Dickinson and Company
• Care Essentials
• Cincinnati Sub-Zero Products, Inc.
• Enthermics, Inc.
• GE Healthcare
• Geratherm Medical AG
• Inspiration Healthcare Group plc
• Koninklijke Philips N.V.
• LivaNova PLC
• Medtronic plc
• NOVAMED
• Paragon Medical
• Smiths Medical, Inc.
• Stihler Electronic GmbH
• Stryker Corporation
• The 37Company
• ZOLL Medical Corporation

Key Topics Covered:



I. METHODOLOGY



II. EXECUTIVE SUMMARY



1. MARKET OVERVIEW

• Impact of COVID-19 and a Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
• COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
• Elective Surgeries Report Roller-Coaster Ride amid COVID-19
• COVID-19 Induced YOY Decline in Heart Surgery Volumes in the US in 2020
• Fallout of Pandemic - Colossal Backlog of Elective Surgeries & Extended Waiting Times
• Amid the Hammering, Demand for Air-Free Patient Warming Devices Rise for COVID-19 Infection Risk Environment Settings
• Bruised by the Pandemic, Global Patient Warming Devices Market to Pick Pace from 2021
• Maintaining Body Temperature - Critical for Health and Well-Being of Patient
• Patient Warming Devices: Ensuring Relief, Coziness & Faster Recovery for Patients
• Perioperative Hypothermia
• Maintaining Body Temperature in Patients
• Forced Air Warming for Hypothermia
• Intravascular Warming for Induced/Unintentional Hypothermia
• Rising Number of Chronic Ailments & Surgeries Set to Galvanize the Patient Warming Devices Market
• Key Drivers Moving Patient Warming Devices Market toward Warm Mode
• Surface Warming Devices: Primary Segment of Patient Warming Devices Market
• World Patient Warming Devices Market by Product Type (2020 & 2027): Percentage Breakdown of Revenues for Surface Warming Systems, Intravascular Warming Systems, and Patient Warming Accessories
• Analysis by Application
• World Patient Warming Devices Market by Application (2020 & 2027): Percentage Breakdown of Revenues for Acute Care, Perioperative Care, New-born & Pediatric Care, and Other Applications
• Regional Analysis: North America Undertakes Commanding Position in Patient Warming Devices Market
• World Patient Warming Devices Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
• Global Patient Warming Devices Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
• Competitive Scenario: Patient Warming Devices Providers Tether on Product Innovations to Expand Footprint
• Recent Market Activity
• Patient Warming Devices - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS



3. MARKET TRENDS & DRIVERS

• Uptrend in Healthcare Spending to Result in Improved Opportunities
• World Healthcare Expenditure (In US$ Billion) for the Years 2017, 2019, 2021 & 2023
• Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
• Growing Geriatric Population to Push the Market Ahead
• Expanding Elderly Population Worldwide: Breakdown of Number of People Aged 65+ Years in Million by Geographic Region for the Years 2019 and 2030
• Global Population Statistics for the 65+ Age Group by Select Countries: 2019
• Life Expectancy at Birth for Select Countries in Number of Years
• Rising Prevalence of Chronic Diseases Widens Market Prospects
• Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
• World Diabetes and Population Statistics (2019, 2030 & 2045)
• Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
• Rise in Surgical Procedures Calls for Temperature Management Systems
• Growth in Number of Surgeries in the US (2010-2020) (in %)
• Global Surgical Procedure Volume by Procedure Type (2018)
• Number of Surgical Procedures (per 100,000 People) in Select Countries
• Preoperative Forced-Air Warming System for Thoracoscopic Surgery Patients
• Effect of Perioperative Warming in Plastic Surgery Settings
• Rapid Increase in Electrosurgery Procedures Fuels Demand
• High Incidence of Preterm Births Drives Demand in Neonatal ICUs
• Countries with High Rate of Preterm Births Worldwide Country Total Preterm Births
• Total Preterm Births (in Percentage) in the US: 2010-2018
• Forced-Air Warming Critical to Prevent Hypothermia
• Both Active & Passive Warming Devices Make Gains
• Technologically Innovations & Advancements

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS



IV. COMPETITION



For more information about this report visit https://www.researchandmarkets.com/r/9wt2sg

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