Asia Pacific Temperature Modulation Devices Market Size & Outlook
Asia Pacific temperature modulation devices, 2018-2030 (US$M)
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Asia Pacific temperature modulation devices highlights
- The Asia Pacific temperature modulation devices generated a revenue of USD 643.0 million in 2023.
- The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 643.0 million |
| Market revenue in 2030 | USD 1,117.3 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.0% of the global temperature modulation devices in 2023.
- 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 1,117.3 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific temperature modulation devices 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 temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.31% in 2023. Horizon Databook has segmented the Asia Pacific temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Countries such as Japan, China, India, and Australia are some of the major countries in Asia Pacific. The region has a large patient pool and geriatric population. Lifestyle changes are leading to an increase in the prevalence of various diseases, such as cancer, diabetes, gastrointestinal disorders, and autoimmune diseases.
Japan and China have a large elderly population, which is at a high risk of chronic conditions. Chronic illness is more common in the geriatric population, and it is expected to boost the demand for temperature modulation devices in the Asia Pacific.
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Target buyers of Asia Pacific temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 Asia Pacific temperature modulation devices, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific temperature modulation devices market size, by country, 2018-2030 (US$M)
Asia Pacific Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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