Product ID: UCMIG35B2101
Temperature Management Market Size, Share, Growth Analysis, By product,(patient warming systems, patient cooling systems), By application(perioperative care, acute care), By end-user(operating rooms, intensive care units), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG35B2101 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Temperature Management Market Insights
Market Overview:
The global temperature management market is anticipated to register growth over the forecast period. Rising ageing population along with increased incidences of cardiac arrest as well as central nervous systems disorders is expected to drive the market growth. Additionally, the availability of technologically advanced intravascular systems is also expected to fuel market demand over the forecast period. An increasing number of surgeries drive the need for anesthesia. However, anaesthetized patients are not capable of regulating their own body temperature, and are at risk for hypothermia-related complications, which is further expected to spur market demand. Furthermore, new guidelines by the Surgical Care Improvement Project (SCIP) state that a patient’s body temperature should be within a normal range during surgery, which is a requirement for patients who are under anesthesia for over 60 minutes. These new guidelines are expected to provide an opportunity for market growth over the next few years. Favorable government initiatives to modernize healthcare infrastructure coupled with an increasing number of hospitals are also expected to positively impact the temperature management market growth. Product Approvals and new product launches are also expected to drive market growth over the forecast period. However, unfavorable healthcare reforms in the U.S. and high-cost temperature management systems may hamper the market growth. Emerging economies, including India, China, Brazil, and Mexico provide several market growth opportunities. In addition, agreements and contracts with the manufacturers and distributors of patient warming and cooling devices also offer avenues for temperature management market growth. Temperature management systems are used across an array of applications such as acute care, perioperative care, newborn care, etc. KEY MARKET SEGMENTS By Region North America Europe Asia Pacific Latin America MEA KEY PLAYERS 3M GE Healthcare Ltd. Cincinnati Sub Zero Products Inc Geratherm Medical AG ZOLL Medical Corporation Stryker Corporation Enthermics Medical Systems Inc Augustine Temperature Management LLC EMIT Corp. Ecolab Inc. Belmont Instrument Corp
Temperature Management Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Temperature Management Market Report Snapshots
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