Europe Patient Temperature Management Market Size & Outlook
Europe patient temperature management market, 2018-2030 (US$M)
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Europe patient temperature management market highlights
- The Europe patient temperature management market generated a revenue of USD 1,015.4 million in 2022.
- The market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, patient warming systems was the largest revenue generating product in 2022.
- Patient Warming Systems is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,015.4 million |
| Market revenue in 2030 | USD 1,930.9 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Patient warming systems |
| Fastest growing segment | Patient Warming Systems |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Patient Warming Systems, Patient Cooling Systems |
| Key market players worldwide | Stryker Corp, Asahi Kasei Corp, Medtronic PLC, Becton Dickinson & Co, 3M Co, Geratherm Medical AG, Cincinnati Sub-Zero, Atom Medical, Inatherm |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.7% of the global patient temperature management market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,859.8 million by 2030.
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Patient Temperature Management Market Scope
Patient Temperature Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe patient temperature management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to patient temperature management market will help companies and investors design strategic landscapes.
Patient warming systems was the largest segment with a revenue share of 73.36% in 2022. Horizon Databook has segmented the Europe patient temperature management market based on patient warming systems, patient cooling systems covering the revenue growth of each sub-segment from 2018 to 2030.
Aging population is one of the key social issues faced by Europe, which is expected to drive the growth of patient temperature management market in the European region. According to the WHO, people who are 85 years and above are projected to rise from 14 million in 2010 to 19 million by 2020 and to 40 million by 2050.
This rapid increase in geriatric population has led to increasing prevalence of heart disorders. Thus, rising number of people with cardiovascular diseases amongst geriatric population is stimulating the need for patient cooling systems for increasing their survival rate.
In addition, a recent study stated that 1.38 million caesarean surgeries had been performed in 2014 in the European region. Such a huge prevalence of gynecology-related surgeries in Europe has triggered high demand for patient warming devices during the surgical process.
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Our clientele includes a mix of patient temperature management market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe patient temperature management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe patient temperature management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe patient temperature management market size, by country, 2018-2030 (US$M)
Europe Patient Temperature Management Market Outlook Share, 2022 & 2030 (US$M)
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