Sweden Temperature Modulation Devices Market Size & Outlook
Sweden temperature modulation devices, 2018-2030 (US$M)
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Sweden temperature modulation devices highlights
- The Sweden temperature modulation devices generated a revenue of USD 20.6 million in 2023 and is expected to reach USD 31.3 million by 2030.
- The Sweden market is expected to grow at a CAGR of 6.2% 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.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 20.6 million |
| Market revenue in 2030 | USD 31.3 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Sweden accounted for 0.7% of the global temperature modulation devices in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany temperature modulation devices is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 319.5 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Sweden 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 27.67% in 2023. Horizon Databook has segmented the Sweden 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.
The growth of Sweden's temperature modulation devices market can be attributed to several key factors. Firstly, the country experiences a high prevalence of premature births, with 5.6% of births being preterm in 2020, as reported in an article published by Elsevier B.V.
Secondly, the increasing geriatric population in the region contributes to market growth. The geriatric demographic has steadily grown, increasing from 14.5% in 1973 to 20.2% in 2022, with an average annual growth rate of 0.69%.
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Target buyers of Sweden 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 country-level data and insights on the Sweden temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into Sweden temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden temperature modulation devices market size, by product, 2018-2030 (US$M)
Sweden Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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