According to TMR, the world patient warming devices market has been prophesied to earn an around US$2.78 bn by 2024. This revenue valuation could progress at a CAGR of 5.3% during the forecast period 2016–2024 from a US$1.73 bn touched in 2015. By product, surface warming system has been envisaged to attain a maximum share by the concluding forecast year as it had secured an approximate 76.0% in 2015. In respect of geography, forecasted to be trailed by Europe at close quarters in future, North America could continue its dominance in the market, evident by its 45.7% share in 2015.

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The demand for patient warming devices has been projected to be shored up by the urgent need for the management of body temperature in patients that undergo surgical procedures involving the usage of anesthesia. Such patients usually experience a drastic drop in their body temperature, which calls for the pressing requirement of patient warming devices. Perioperative care, in particular, has been anticipated to hike up the growth of the world patient warming devices market for most of the forecast period. With this in consideration, the surge in the count of chronic diseases could act in the favor of the market.

More prospects have been predicted to take birth in future as the demand for patient warming devices witnesses an increase with the elevating prevalence of oncological and cardiovascular conditions. This could likely be due to the rising demand for surgical interventions on a global platform. The mounting rate of premature births and increasing number of neonates could maintain the need for the implementation of patient warming devices. The rising age of population making people susceptible to chronic disorders could augment the need for patient warming devices. The snowballing occurrence of work-related musculoskeletal disorders and developing trend of sedentary lifestyle have been expected to further add to the growth of the market.

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 45.7% in the global patient warming devices market in 2015, 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.

Report Overview, with TOC - https://www.transparencymarketresearch.com/report-toc/7877

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, Medtronic 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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