Europe Temperature Modulation Devices Market Size & Outlook
Europe temperature modulation devices, 2018-2030 (US$M)
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Europe temperature modulation devices highlights
- The Europe temperature modulation devices generated a revenue of USD 857.7 million in 2023.
- The market is expected to grow at a CAGR of 7% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 857.7 million |
| Market revenue in 2030 | USD 1,373.8 million |
| Growth rate | 7% (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, Europe region accounted for 29.3% 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 |
|---|
Europe 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 27.71% in 2023. Horizon Databook has segmented the Europe 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.
Moreover, according to the European Society of Cardiology, around 49 million people in the region suffer from CVD. There were 6 million new cases of CVD in 2019, which cost around USD 232 billion (EUR 210 billion) a year.
The major causes of death in European countries are stroke and ischemic heart disease (IHD). The Central and Eastern European countries recorded a higher prevalence of CVDs than the Northern, Western, and Southern.
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Target buyers of Europe 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 Europe temperature modulation devices, including forecasts for subscribers. This continent databook contains high-level insights into Europe temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe temperature modulation devices market size, by country, 2018-2030 (US$M)
Europe Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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