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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
The medical business is being driven by rising expectations for technological innovation capability. Medical gadgets of the future must be smaller, quicker, more accurate, and much more dependable. Thermal management is becoming increasingly important as a result of these technological advancements.
The medical business faces a wide range of thermal difficulties, necessitating the use of a variety of thermal solutions. Surgical equipment, for instance, would only have to dissipate a few Watts, but the space constraints and contact temperatures need greatly increase the thermal problem.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | New Thermal Management Strategies for Medical Devices | To handle difficult thermal management needs, heat pipes and vapour chambers are being used. | Global | This would enhance better Technological Controls |
| 2 | Medical Device Shortages During the COVID-19 Public Health Emergency | During the COVID-19 public health emergency, the FDA took a number of measures to ensure that hospitals and healthcare professionals had prompt and ongoing access to high-quality medical devices so that they can respond effectively. | Global | This would enhance better Technological Controls |
| 3 | New surgical tools with smart sensors can advance cardiac surgery and therapy | Researchers have invented a new class of medical equipment with an advanced soft electronics system that might enhance the diagnosis and treatment of a variety of heart illnesses and disorders also engage on thermal management | Global | This would enhance better Technological Controls |
| 4 | DCGI Classifies Over Gentherm Medical Launches ASTOPAD Patient Warming System | The ASTOPAD Patients Heating Solution has been launched in the United States. The ASTOPAD device may be used in any surgical operation and helps patients avoid and manage hypothermia during their perioperative stay. | Global | This would enhance better Technological Controls |
The growing global prevalence of chronic illnesses and the resulting spike in the proportion of surgical intervention are driving this industry's expansion. During the projection period, the rising number of contractual relationships amongst market participants is likely to provide a diverse variety of development prospects for market players.
The high cost of intravascular temperature management systems, on the other hand, is limiting the market's expansion.
ACT is a prominent developer of the latest integrated technologies focusing on better smarter thermal control systems for the future. ACT has been involved in mobilising the technological assistance as required wherein, it is assisting GE by supplying crucial thermal management components to meet the company's thermal management needs.
For than 10 years, ACT has been supplying GE Healthcare with sophisticated thermal management technologies that allow their CT detectors to function with enhanced picture quality and diagnostic accuracy, thanks to collaborative engineering, thorough testing, and manufacturing process advancements.
3M is part of the component manufacture trending companies in the current industry. The latest technology integration has been focused on customizable airflow, accurate temperature distribution, and convenience of use from a single, silent warming unit, 3M Bair Hugger warming systems provide safe, quiet, and effective warmth to patients all around the world.
Two circulation parameters including hose-end temperature monitoring have been included for accurate temperature distribution.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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