Global Patient Temperature Management Market: Focus on Availing Home-Based Care Creating an Important Path for the Market Growth

Global Patient Temperature Management Market

Patient temperature management is the field of healthcare therapeutics that focuses on patient outcomes by managing the temperature of patient’s body to a specific point for a specified duration of time. This is carried out for better controlling of patient’s biological systems and controls various bodily functions which can result in overall enhancement of quality of delivering healthcare services. It involves usage of different devices and systems which can help physicians in managing the body’s temperature through external methods.

Access Full Report at https://www.databridgemarketresearch.com/reports/global-patient-temperature-management-market

The main factors boosting the market are:

  • Growing prevalence of chronic disorders: One of the major factor driving the growth of this market is the increasing incidences of patients suffering from different varieties of chronic disorders. This results in adoption of enhanced quality of healthcare products that can significantly remove the success rate in treatment of these disorders and the products relating to patient temperature management play an integral part in enhancing the success rate in completely eradicating the chronic disease prevalence from the patient’s bodies
  • Increasing levels of surgical procedures being conducted worldwide: With the rapid rise in the volume of patients undergoing different kinds of surgical procedures globally, there is a renewed need for management of patient’s bodily functions which can have drastic impacts on the quality of healthcare being given. Management of temperature helps in keeping the surgeons in enhanced control of patients in the operating rooms which can improve the success rate of these procedures

The market is segmented on the basis of product as patient warming systems, patient cooling systems; medical specialty as general surgery, cardiology, neurology, pediatrics, thoracic surgery, orthopedics, others; end-users as surgeons & anesthesiologists, nursing staff, paramedical staff; applications as perioperative care, acute care, newborn care, military applications, physiotherapy, medical/surgical units, patient transport, chemotherapy, others.

Some of the recent market developments are as follows:

  • In December 2017, BD announced that they had completed the acquisition of C.R. Bard, Inc. This acquisition will establish a global health leader that is equipped with all of the capabilities required for the enhancement of patient’s healthcare delivery. C.R. Bard’s significant product range will be a positive complement to the BD’s existing portfolio creating valuable opportunities for growth in various geographical areas
  • In December 2017, Mennen Medical Ltd. announced that they had agreed with Canadian Hospital Specialties (CHS) for being the distributor of their “Temperature Management” systems and “Transcutaneous Bilirubin Monitoring System”. The agreement was finalized for Canada region effective from 15th December, 2017. The large-scale distribution network and expertise of CHS in providing customers with effective healthcare products will help Mennen Medical in enhancing their presence in the region

“According to Data Bridge Market Research, global patient temperature management market is expected to reach USD 6.93 billion by 2026, growing at a substantial CAGR during the forecast period of 2019 to 2026”

Some of the major players operating in the market are 3M, BD, Stryker, Cincinnati Sub Zero, Smiths Medical, Inc., Medtronic, Geratherm Medical AG, Inspiration Healthcare Group plc, The 37Company, ZOLL Medical Corporation, Drägerwerk AG & Co. KGaA, Ecolab, Atom Medical Corp., Enthermics, Inc., Moeck & Moeck GmbH, Welkins, LLC, Halyard Worldwide, Inc., Augustine Temperature Management, Belmont Instrument, LLC and Delta Surgical, among others.

With the focus of patients’ availing healthcare services from the comforts of their own homes, manufacturers of medical devices and products are focusing on the development of products that can be easily accessed by patients without any complications. These medical devices provide similar functionality without the need of checking the patients into a specialized healthcare facility.