Classified Id: 355392
Classified
Title:
Global Patient Temperature Management Market
Category: For All:General
City: Pune Locality: India
Date Listed/Updated: 2020-01-11
Author/Publisher name:
Description: Global Patient Temperature Management Market was valued US$ 2.59 Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.
Global Patient Temperature Management Market
The important drivers rising growth in the global patient temperature management market are rise in incidences of nervous system and cardiovascular disorders, technological enhancements, and development of mobile devices. Increasing number of surgical procedures is one of the significant factors impacting growth of the patient temperature management market. Price pressures on vendors in the US market, product recall is hampering the market growth. Additionally, high cost of IVTM systems is hindering the market growth. The key opportunity of the market is establishing foothold, increase in cardiovascular events, and tourism for medical procedures. Expenses on R&D is high is key challenge of the market. In business & monitoring, rise in cost of temperature management devices is also the challenge of the global patient temperature management market.
The patient temperature management market is segmented into the products, end users, application, and region. In terms of products, the global patient temperature management market is classified into patient warming systems, and patient cooling systems. Based on the end users, the global patient temperature management market is divided into surgical center, emergency care units, and ambulatory sites. A further application, global patient temperature management market are split perioperative care, newborn care, and acute care.
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Patient temperature management systems helps in avoiding complications related to surgeries such as perioperative hypothermia and surgical site infection. Based on products, patient warming systems dominates the market due to increased application of the pre-surgery during provision of general anesthesia to curb pre-operative complications. In terms of application, cardiology segment will grow considerably during the forecast years owing to increasing number of people suffering from CVDS and demand for advanced cardiac treatment.
On the basis of region Global Patient Temperature Management Market divided into five regions such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, the Asia Pacific had the XX% market share in 2018 and is projected to lead the market during the forecast period. Because of presence of high growth opportunities to cater to the unmet needs of the target population in this region. The growth in the patient temperature management market in the U.K. is attributed to the estimated rise in incidences of heart surgeries and increase in number of cosmetic surgeries.
Key players operating in global patient temperature management market Stryker Corporation, ZOLL Medical Corporation, Medtronic, Bard Medical, Cincinnati Sub-Zero Products, LLC, 3M Company, The 37Company, Smiths Medical, Geratherm Medical AG, Inditherm Plc, and Atom Medical Corporation.
The objective of the report is to present comprehensive analysis of Global Patient Temperature Management Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Patient Temperature Management Market dynamics, structure by analyzing the market segments, and project the Global Patient Temperature Management Market size. Clear representation of competitive analysis of key players by Global Patient Temperature Management Market, price, financial position, product portfolio, growth strategies, and regional presence in the Global Patient Temperature Management Market make the report investor’s guide.
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