Market Overview:
The global patient warming devices market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in patient warming devices. Based on type, the global patient warming devices market is segmented into electromagnetic heating, infrared heating, resistance heating, and other types. Electromagnetic heating is the most commonly used type of patient warming device and accounted for the largest share of the global market in 2017. This segment is expected to grow at a CAGR of 5.8% from 2018 to 2030 due to its advantages such as low cost and easy installation.
Product Definition:
Patient warming devices are used to keep a patient's body temperature at a desirable level. They are often used in hospitals and other medical settings to prevent patients from becoming cold, which can lead to health problems.
Electromagnetic Heating:
Electromagnetic heating is the process of using electromagnetic radiation to generate heat. It is used in various devices such as patient warming devices, surgical equipment, and diagnostic imaging equipment. The major factor driving this market includes growing demand for thermal management during surgeries especially during cardiac surgeries and increasing number of product approvals by the regulatory authorities across the globe. For instance, in March 2016, Stryker’s Patient Care Products division received U.
Infrared Heating:
Infrared heating is a safe and non-contact method of heat delivery. It offers several advantages over other methods such as convection, conduction and radiation. The infrared radiation emitted by the device is absorbed by the patient’s body to produce heat which in turn provides comfort to the patients suffering from arthritis, osteoporosis or any other bone diseases.
Application Insights:
Based on application, the global patient warming devices market is segmented into hospitals, clinics, household and others. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of chronic diseases requiring hospitalization and an increasing number of surgeries. Furthermore, an increase in healthcare expenditure globally has increased the need for advanced healthcare facilities which can be met by hospitals.
The household segment is expected to witness significant growth over the forecast period due to rising awareness about availability of heating equipment at affordable prices coupled with growing concerns regarding carbon monoxide poisoning from open fireplaces or gas heaters used in homes. In addition, other factors such as convenience associated with use along with cost-effectiveness are driving demand for patient warming devices among households across various regions globally.
Increasing cases of COVID-19 are creating a huge demand for hospitalization which will further boost market growth over the forecast period since most patients suffering from this disease require hospitalization.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. The region is expected to maintain its dominance over the forecast period due to increasing cases of orthopedic conditions that require warming devices for proper application.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for cost-effective patient warming systems coupled with improving healthcare facilities in developing economies including India and China. Moreover, a rise in medical tourism will also boost product demand during the forecast period.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing incidence of chronic diseases: The Patient Warming Devices market is driven by the increasing incidence of chronic diseases such as cancer, cardiovascular disorders, and respiratory problems. This is because these devices help in maintaining the body temperature of patients during treatment.
- Technological advancements: The Patient Warming Devices market is witnessing rapid technological advancements, which is resulting in the development of new and innovative products. This is helping to increase the adoption rate of these devices among healthcare professionals and patients alike.
- Rising awareness about patient safety: There has been a rising awareness about patient safety among healthcare professionals in recent years. This has led to an increased demand for Patient Warming Devices that can help maintain a patient’s body temperature within safe limits during treatment procedures.
- Growing number of surgical procedures: The number of surgical procedures being performed across the globe is growing at a rapid pace due to various factors such as rising prevalence of chronic diseases and technological advancements in surgery techniques & equipment). This is leading to an increased demand for Patient Warming Devices that can be used during surgeries for thermal comfort & safety purposes . 5) Increasing geriatric population: The global geriatric population (aged 65 years or above) is growing at a fast pace and this will result in an increase in the demand for Patient Warming Devices over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Patient Warming Devices Market Research Report
By Type
Electromagnetic Heating, Infrared Heating, Resistance Heating, Other
By Application
Hospitals, Clinics, Household, Other
By Companies
M Healthcare, Barkey GmbH & Co. KG, C.R. Bard, Cincinnati Sub-Zero(CSZ), GE Healthcare, Geratherm Medical, HotDog Warming, Inspiration Healthcare, Medtronic, Smiths Medical, M Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Patient Warming Devices Market Report Segments:
The global Patient Warming Devices market is segmented on the basis of:
Types
Electromagnetic Heating, Infrared Heating, Resistance Heating, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Household, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M Healthcare
- Barkey GmbH & Co. KG
- C.R. Bard
- Cincinnati Sub-Zero(CSZ)
- GE Healthcare
- Geratherm Medical
- HotDog Warming
- Inspiration Healthcare
- Medtronic
- Smiths Medical
- M Healthcare
Highlights of The Patient Warming Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electromagnetic Heating
- Infrared Heating
- Resistance Heating
- Other
- By Application:
- Hospitals
- Clinics
- Household
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Patient Warming Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Patient warming devices are medical devices that help to keep patients warm. These devices can be used on either the body or head, and they work by circulating warm air around the patient.
Some of the major companies in the patient warming devices market are M Healthcare, Barkey GmbH & Co. KG, C.R. Bard, Cincinnati Sub-Zero(CSZ), GE Healthcare, Geratherm Medical, HotDog Warming, Inspiration Healthcare, Medtronic, Smiths Medical, M Healthcare.
The patient warming devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Patient Warming Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Patient Warming Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Patient Warming Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Patient Warming Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Patient Warming Devices Market Size & Forecast, 2020-2028
4.5.1 Patient Warming Devices Market Size and Y-o-Y Growth
4.5.2 Patient Warming Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electromagnetic Heating
5.2.2 Infrared Heating
5.2.3 Resistance Heating
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Household
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Patient Warming Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Patient Warming Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electromagnetic Heating
9.6.2 Infrared Heating
9.6.3 Resistance Heating
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Household
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electromagnetic Heating
10.6.2 Infrared Heating
10.6.3 Resistance Heating
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Household
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electromagnetic Heating
11.6.2 Infrared Heating
11.6.3 Resistance Heating
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Household
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electromagnetic Heating
12.6.2 Infrared Heating
12.6.3 Resistance Heating
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Household
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electromagnetic Heating
13.6.2 Infrared Heating
13.6.3 Resistance Heating
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Household
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Patient Warming Devices Market: Competitive Dashboard
14.2 Global Patient Warming Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M Healthcare
14.3.2 Barkey GmbH & Co. KG
14.3.3 C.R. Bard
14.3.4 Cincinnati Sub-Zero(CSZ)
14.3.5 GE Healthcare
14.3.6 Geratherm Medical
14.3.7 HotDog Warming
14.3.8 Inspiration Healthcare
14.3.9 Medtronic
14.3.10 Smiths Medical
14.3.11 M Healthcare
