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

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Jun 19, 2023, 18:30 ET

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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