Thailand Temperature Modulation Devices Market Size & Outlook
Thailand temperature modulation devices, 2018-2030 (US$M)
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Thailand temperature modulation devices highlights
- The Thailand temperature modulation devices generated a revenue of USD 26.9 million in 2023 and is expected to reach USD 45.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.7% 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.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 26.9 million |
| Market revenue in 2030 | USD 45.2 million |
| Growth rate | 7.7% (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, Thailand accounted for 0.9% 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 Asia Pacific, Japan temperature modulation devices is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 210.0 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 27.51% in 2023. Horizon Databook has segmented the Thailand 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 increasing geriatric population and the growing incidence of preterm births in Thailand are key factors expected to drive the adoption of temperature modulation devices during the forecast period. In 2021, the estimated percentage of the population aged 65 and older was 13.2%, showing an increase from the previous year (12.6% in 2020).
Moreover, the rising prevalence of chronic diseases, including neurological disorders & cancer, is anticipated to propel the growth of the temperature modulation devices market in Thailand.
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Target buyers of Thailand 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 Thailand temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into Thailand temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand temperature modulation devices market size, by product, 2018-2030 (US$M)
Thailand Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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