Hypothermia is a major cause of death in severely wounded patients. Rewarming is a major challenge, particularly for those who need operative or angiographic intervention. Patient warming is more than providing relief to the patients. Patient warming devices help patients to tolerate the unintended loss of body heat by helping them achieve normal body temperature or normothermia, leading to faster recovery. Patient warming devices are primarily used in health care settings by physicians and nursing staff for better care of the patients during surgeries and patient transfer, severely injured or diseased patients, anesthesia treated patients, and in acute care settings.
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The increase in the number of surgical procedures, rise in the prevalence of cardiovascular and oncology conditions, growing geriatric population and various other factors has facilitated the growth of the market. Additionally, the introduction of technologically advanced products and increasing the awareness can create large number of opportunities for rapid growth of the patient warming devices market.
The patient warming devices market consists of various types of products such as surface warming systems, intravascular warming systems and patient warming accessories. The products included in these product categories are convective and conductive warming systems such as warming blankets, etc.; intravascular warming systems or targeted temperature management products and patient warming accessories such as hoses, filters, and drapes among others. Market for these segments has been extensively analyzed based on their utility, effectiveness, sales, and geographic presence. Surface warming systems held the largest share in 2014 in the product segment whereas intravascular warming system will be the fastest growing product segment during the forecast period.
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Major patient warming device applications comprise four segments: acute care, perioperative care, new born care and others. Among major application segments for patient warming devices, acute care applications are gaining intense popularity and there have been increasing demand from acute care centers located world over. The perioperative care segment held the largest share in the global patient warming devices market in 2014. The segment held the largest share of the global market in 2014 and is also expected to dominate the market during the forecast period. Increasing prevalence of severe illnesses and disorders that lead to the requirement of surgical intervention is often accompanied by hypothermia. Therefore, perioperative care segment would increasingly contribute towards the global patient warming devices market during the forecast period.
Geographically, the patient warming devices market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of the global patient warming devices market in 2014, followed by Europe and Asia Pacific respectively. The factors such as technological advancement, growing number of surgeries, well-established health care infrastructure as well as high awareness levels are responsible for the largest share of the North America patient warming devices market. In addition, large geriatric population in the developed economies of North America, Europe is likely to support further growth of this market in these regions. Asia Pacific is anticipated to witness the fastest CAGR during the forecast period due to high prevalence cardiovascular and other severe illnesses/disorders, increase in the number of surgical procedures in several emerging economies, rise in geriatric population in few countries such as Japan and South Korea, and growing investments by market players.
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The key players operating in the global patient warming devices market are 3M Health Care, ZOLL Medical Corporation, C. R. Bard, Inc., Smiths Medical, Stryker Corporation, Covidien plc, GE Healthcare, Inspiration Healthcare (INDITHERM), and Philips Healthcare among others. The key market players are actively involved in constant innovations and developments related to technology and application to cater the multi-dimensional needs of the end-users for maintaining their position in the global market.
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