North America Patient Temperature Management Market Size & Outlook
North America patient temperature management market, 2018-2030 (US$M)
Related Markets
North America patient temperature management market highlights
- The North America patient temperature management market generated a revenue of USD 1,374.2 million in 2022.
- The market is expected to grow at a CAGR of 7.5% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,374.2 million |
| Market revenue in 2030 | USD 2,449.2 million |
| Growth rate | 7.5% (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, North America region accounted for 38.9% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Patient Temperature Management Market Scope
Patient Temperature Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North 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 72.72% in 2024. Horizon Databook has segmented the North 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.
North America dominated the patient temperature management market with the largest revenue share owing to the presence of a well-established healthcare infrastructure and growing healthcare spending in developed countries like the U.S.
According to the Centers for Disease Control and Prevention (CDC), the national health expenditure for hospitals accounted for 32.1% in 2014. This indicates the increasing level of investments made by the government to develop the healthcare infrastructure and services, thereby raising demand for patient temperature management devices.
Moreover, the U.S. economy has a favorable reimbursement scenario for patients who require temperature management systems. According to Mercury Biomed, LLC, a company specializing in temperature management technology, reimbursement policies of Medicare and private insurers for patients suffering from induced hypothermia, who require temperature management devices to maintain their core body temperature, are well-established.
Reasons to subscribe to North America patient temperature management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America patient temperature management market databook
-
Our clientele includes a mix of patient temperature management market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America patient temperature management market , including forecasts for subscribers. This continent databook contains high-level insights into North America patient temperature management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America patient temperature management market size, by country, 2018-2030 (US$M)
North America Patient Temperature Management Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
