The Europe Temperature Modulation Devices Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030).
The precise control of patient temperature, once a peripheral concern, has become a pivotal aspect of patient care, impacting various healthcare settings and applications. The patient heating systems sector is now at the forefront of the evolving healthcare landscape, underpinned by the latest developments in technology, design, and a heightened understanding of the role of thermal management in patient well-being. These systems are instrumental in managing patient body temperature, ensuring it remains within precise and therapeutic ranges.
The most recent advancements in this area have expanded the range of healthcare applications for patient heating systems, in addition to improving the standard of patient care. One of the most notable developments in patient heating systems is integrating cutting-edge materials and technology. The field has seen a remarkable shift towards using smart textiles and advanced thermal management solutions. These innovations provide patients with enhanced comfort and clinicians with greater control over patient temperature, all while reducing the burden on healthcare professionals.
Europe has a rapidly aging population, leading to an increased demand for medical care and surgical procedures. According to Eurostat, by the year 2050, 129.8 million older people will live in the EU-27, up from 90.5 million at the beginning of 2019. In the EU region, older people are 65 or older. In the EU-27, it is expected that the population between the ages of 75 and 84 will rise by 56.1% during this time, while that between the ages of 65 and 74 is expected to rise by 16.6%. On the other hand, according to the most recent estimates, by 2050, there will be 13.5% fewer people in the EU-27 who are under 55. The rapidly aging population and rising trends in advanced medical technologies in Europe are expected to drive the regional market.
The Germany market dominated the Europe Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $277.6 Million by 2030. The UK market is experiencing a CAGR of 5.8% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 7.5% during (2023 - 2030).
Based on Product, the market is segmented into Convective patient warming systems, Portable Blood/IV fluid warmers, Conductive patient cooling systems, Conductive patient warming systems, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Temperature Modulation Devices Market will Hit $4.4 Billion by 2030, at a CAGR of 7.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Gentherm Incorporated (Gentherm Medical), Belmont Medical Technologies (Audax Managment Company, LLC), Becton, Dickinson and Company, 3M Company, The Surgical Company, ICU Medical, Inc., Smiths Group plc, General Electric Company and Barkey GmbH & Co. KG.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Convective patient warming systems
- Portable Blood/IV fluid warmers
- Conductive patient cooling systems
- Conductive patient warming systems
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Stryker Corporation
- Gentherm Incorporated (Gentherm Medical)
- Belmont Medical Technologies (Audax Managment Company, LLC)
- Becton, Dickinson and Company
- 3M Company
- The Surgical Company
- ICU Medical, Inc.
- Smiths Group plc
- General Electric Company
- Barkey GmbH & Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Temperature Modulation Devices Market, by Product
1.4.2 Europe Temperature Modulation Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Temperature Modulation Devices Market, by Product
4.1 Europe Convective patient warming systems Market, by Country
4.2 Europe Portable Blood/IV fluid warmers Market, by Country
4.3 Europe Conductive patient cooling systems Market, by Country
4.4 Europe Conductive patient warming systems Market, by Country
4.5 Europe Others Market, by Country
Chapter 5. Europe Temperature Modulation Devices Market, by Country
5.1 Germany Temperature Modulation Devices Market
5.1.1 Germany Temperature Modulation Devices Market, by Product
5.2 UK Temperature Modulation Devices Market
5.2.1 UK Temperature Modulation Devices Market, by Product
5.3 France Temperature Modulation Devices Market
5.3.1 France Temperature Modulation Devices Market, by Product
5.4 Russia Temperature Modulation Devices Market
5.4.1 Russia Temperature Modulation Devices Market, by Product
5.5 Spain Temperature Modulation Devices Market
5.5.1 Spain Temperature Modulation Devices Market, by Product
5.6 Italy Temperature Modulation Devices Market
5.6.1 Italy Temperature Modulation Devices Market, by Product
5.7 Rest of Europe Temperature Modulation Devices Market
5.7.1 Rest of Europe Temperature Modulation Devices Market, by Product
Chapter 6. Company Profiles
6.1 Stryker Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Gentherm Incorporated (Gentherm Medical)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 SWOT Analysis
6.3 3M Company
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Belmont Medical Technologies (Audax Management Company, LLC.)
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 The Surgical Company
6.5.1 Company Overview
6.6 Becton, Dickinson, and Company
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 SWOT Analysis
6.7 ICU Medical, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Research & Development Expenses
6.7.5 SWOT Analysis
6.8 Smiths Group PLC
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.9 General Electric Company
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 SWOT Analysis
6.10. Barkey GmbH & Co. KG
6.10.1 Company Overview
TABLE 1 Europe Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 2 Europe Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 3 Europe Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 4 Europe Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 5 Europe Convective patient warming systems Market, by Country, 2019 - 2022, USD Million
TABLE 6 Europe Convective patient warming systems Market, by Country, 2023 - 2030, USD Million
TABLE 7 Europe Portable Blood/IV fluid warmers Market, by Country, 2019 - 2022, USD Million
TABLE 8 Europe Portable Blood/IV fluid warmers Market, by Country, 2023 - 2030, USD Million
TABLE 9 Europe Conductive patient cooling systems Market, by Country, 2019 - 2022, USD Million
TABLE 10 Europe Conductive patient cooling systems Market, by Country, 2023 - 2030, USD Million
TABLE 11 Europe Conductive patient warming systems Market, by Country, 2019 - 2022, USD Million
TABLE 12 Europe Conductive patient warming systems Market, by Country, 2023 - 2030, USD Million
TABLE 13 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 14 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 15 Europe Temperature Modulation Devices Market, by Country, 2019 - 2022, USD Million
TABLE 16 Europe Temperature Modulation Devices Market, by Country, 2023 - 2030, USD Million
TABLE 17 Germany Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 18 Germany Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 19 Germany Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 20 Germany Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 21 UK Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 22 UK Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 23 UK Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 24 UK Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 25 France Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 26 France Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 27 France Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 28 France Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 29 Russia Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 30 Russia Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 31 Russia Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 32 Russia Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 33 Spain Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 34 Spain Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 35 Spain Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 36 Spain Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 37 Italy Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 38 Italy Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 39 Italy Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 40 Italy Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 41 Rest of Europe Temperature Modulation Devices Market, 2019 - 2022, USD Million
TABLE 42 Rest of Europe Temperature Modulation Devices Market, 2023 - 2030, USD Million
TABLE 43 Rest of Europe Temperature Modulation Devices Market, by Product, 2019 - 2022, USD Million
TABLE 44 Rest of Europe Temperature Modulation Devices Market, by Product, 2023 - 2030, USD Million
TABLE 45 Key Information – Stryker Corporation
TABLE 46 Key Information – Gentherm Incorporated
TABLE 47 Key Information – 3M Company
TABLE 48 Key Information – Belmont Medical Technologies
TABLE 49 Key Information – The Surgical Company
TABLE 50 Key Information – Becton, Dickinson and Company
TABLE 51 Key information – ICU Medical, Inc.
TABLE 52 Key Information – Smiths Group PLC
TABLE 53 Key Information – General Electric Company
TABLE 54 Key Information – Barkey GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Temperature Modulation Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Temperature Modulation Devices Market
FIG 4 Porter’s Five Forces Analysis - Temperature Modulation Devices Market
FIG 5 Europe Temperature Modulation Devices Market, Share by Product, 2022
FIG 6 Europe Temperature Modulation Devices Market, Share by Product, 2030
FIG 7 Europe Temperature Modulation Devices Market, by Product, 2019 - 2030, USD Million
FIG 8 Europe Temperature Modulation Devices Market, Share by Country, 2022
FIG 9 Europe Temperature Modulation Devices Market, Share by Country, 2030
FIG 10 Europe Temperature Modulation Devices Market, by Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Stryker Corporation
FIG 12 SWOT Analysis: Gentherm Incorporated
FIG 13 SWOT Analysis: 3M Company
FIG 14 SWOT Analysis: Belmont Medical Technologies
FIG 15 SWOT Analysis: Becton, Dickinson and company
FIG 16 SWOT Analysis: ICU Medical, Inc
FIG 17 SWOT Analysis: General electric (GE) Co.