Latin America Patient Temperature Management Market Size & Outlook
Latin America patient temperature management market, 2018-2030 (US$M)
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Latin America patient temperature management market highlights
- The Latin America patient temperature management market generated a revenue of USD 217.9 million in 2022.
- The market is expected to grow at a CAGR of 9% 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, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 217.9 million |
| Market revenue in 2030 | USD 432.8 million |
| Growth rate | 9% (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, Latin America region accounted for 6.2% 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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Latin America 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 73.7% in 2024. Horizon Databook has segmented the Latin America patient temperature management market based on patient warming systems, patient cooling systems covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American countries majorly included in the study are Brazil and Mexico. The presence of untapped opportunities in emerging countries such as Brazil and Mexico are expected to propel the growth of patient temperature management market during the forecast period.
The demand for advanced medical devices including patient warming and cooling systems is increasing in this region owing to the development in healthcare infrastructure and medical services. Its emerging private healthcare sector is expected to spur the sales of temperature management devices over the next few years.
Moreover, the presence of leading vendors including Stryker, 3M, Smiths Medical, Geratherm Medical AG, and Medtronic in this region drives the growth of the regional market. For instance, in 2014, Geratherm Medical had received orders to equip around 100 clinics & hospitals in Brazil with patient warming systems.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America patient temperature management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America patient temperature management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America patient temperature management market size, by country, 2018-2030 (US$M)
Latin America Patient Temperature Management Market Outlook Share, 2024 & 2030 (US$M)
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