The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Temperature Management Global Market Report 2023, the temperature management market is expected to show significant growth in the forecast period.

Key insights from the temperature management market forecast include:

1. Market Size

The global temperature management market is projected to increase from $2.75 billion in 2022 to $2.84 billion in 2023, achieving a 3.3% CAGR. The market’s size is anticipated to reach $3.17 billion in 2027, with a 2.8% CAGR.

2. Major Driver

The temperature management market is expected to be fueled by the increasing prevalence of chronic diseases. In 2020, cancer, responsible for nearly 10 million global deaths, highlights the importance of temperature in disease progression. Temperature affects inflammation and cancer cell growth, impacting critically ill cancer patients. Hyperthermia, using high temperatures for treatment, is employed in cancer therapy. Thus, temperature control in chronic disease patients reduces infection risks, saving lives and boosting the temperature management market.

View More On The Temperature Management Market Report 2023 – https://www.thebusinessresearchcompany.com/report/temperature-management-global-market-report

3. Key Trend

Wearables are rapidly advancing and poised to become the latest trend in temperature management systems. Power-related heat can lead to circuit issues and user burns, driving research into high-performance wearable thermal management. These devices, like the Embr Wave by Embr Labs, function as personal thermostats, regulating body temperature according to user preference.

4. Largest Region

North America was the largest region in the temperature management market in 2022.

5. Major Players

Major players in the food diagnostics market are 3M Company, Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Smiths Medical, Stryker Corporation, The 37company (The Surgical Company), Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation), C. R. Bard, Mennen Medical, and Medtronic (COVIDien).

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Key Temperature Management Market Segments
The global temperature management market is segmented –
1) By Product: Patient Warming Devices, Patient Cooling Devices
2) By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Other Applications
3) By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Other End-Uses

The Temperature Management Global Market Report 2023  provides an in-depth analysis on the temperature management market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the temperature management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Temperature Monitoring Devices Global Market Report 2023
Management Consulting Services Global Market Report 2023
Temperature Sensor Global Market Report 2023

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