Global Patient Temperature Management Market-Strategic Assessment and Forecast Till 2021
NEW YORK, Nov. 30, 2017 /PRNewswire/ --
Patient Temperature Management Market- Report Insights
The patient temperature management market to reach $1.642 billion in 2021.The market is expected to grow at a CAGR of 7.59% during the forecast period.
Read the full report: https://www.reportlinker.com/p04126870
Global Patient Temperature Management Market-Strategic Assessment and Forecast Till 2021 report considers the present scenario of worldwide patient temperature management and strategic assessment of the market for the period 2015-2021.
The patient temperature management systems are the medical devices used to regulate patient temperature i.e. to maintain normothermia. Normothermia is defined as a body's core temperature of 36°C - 38°C. The temperature management systems are used to maintain the normal body temperature of critically ill patients during surgical procedures. These systems are widely used in a range of application areas. The market for patient temperature management can be categorized on the basis
By Product Type
- Patient Warming Systems
- Patient Cooling Systems
By Application
- Perioperative care
- Acute care
- New born care
- Other applications
By End-User
- Surgical Centers
- Emergency Care Units
- Ambulatory Sites
By Geography
- North America
- Europe
- APAC
- ROW
Further, a detailed mapping of the region wise regulations and associated legalities governing the usage of the Patient Temperature Management System is provided in the report. The report also provides market share and profiles of the key vendors operating in the Global Patient Temperature Management System Market and further shows a detailed competitive landscape of key players.
Patient Temperature Management-Market Size and Dynamics
The worldwide patient temperature management market is expected to grow at a CAGR of 7.59% during the forecast period. The market research analyst at Beige Market Intelligence expect the market to reach US$1.642 billion by 2021.
Rising demand for surgical procedures and guidelines set by the National Institute for Health & Care Excellence (NICE) for adoption of patient warming systems in several indications is driving the market growth for patient temperature management solutions. The patient warming systems account for the large share of the market in 2015 and are expected to grow at a highest CAGR of 8.0% during the forecast period. Factors such as growing demand of warming systems owing to the benefits it offers and launch of more patient warming systems as compared to patient cooling systems is driving its growth. Chemotherapy is amongst the common treatment used to cure cancer patients. The treatment of chemotherapy employs patient cooling systems to protect hair follicles and prevent hair loss. Thus, with the rise in number of cancer cases, the market for patient cooling systems is likely to propel.
Patient Temperature Management System – Geographic Analysis
North America accounts for the major share of the market in 2015 in terms of geography. North America is expected to continue dominating the patient temperature management market in near future followed by Europe. After North America, Asia-Pacific region is expected to grow. Europe is expected to grow at a CAGR of 6.84% during the forecast period, which is slowest amongst all the geographies. In North America, the U.S. holds the largest share in the patient temperature management market.The growth in the patient temperature management market in the U.K. can be attributed to the estimated rise in incidences of heart surgeries and increase in number of cosmetic surgeries. A number of market players are focusing on expanding their business in the emerging countries of Asia-Pacific. The report outlines the market size and market growth in the major geographic regions and different countries.
Patient Temperature Management- Drivers, Trends and Challenges
This market research report on Patient Temperature Management System provides an overview of the factors driving and restraining the growth of the Worldwide Patient Temperature Management System market. The market research report also outlines the emerging market trends that will contribute to the growth of the market during the forecast period.
Some of the factors driving the growth of Patient Temperature Management Market are rise in incidence of cardiac and neurological disorders. Many research studies have indicated that survivors of cardiac arrest are prone to suffer from devastating neurological impairments. High incidence of cardiac arrest positively impacts the patient temperature management systems market. Temperature management is widely used to prevent neurological damage after cardiac arrests. Also reputed healthcare organisation are using the patient temperature management system to maintain the normal temperature during the cardiac and neurologic surgery. Other factors include cancer treatment or chemotherapy. The increased use of chemotherapeutical treatment for the cancer patients is another major factor for the growth of patient temperature management products.
A larger number of conferences revolving around the temperature management market have been organized in the past few years. Players in this market are focusing on developing portable temperature management systems to increase its adoption during emergencies. For instance, in October 2012, Welkins, LLC, received FDA approval for its EMT and ICU temperature management systems.Development of such portable devices is likely to increase the adoption of patient temperature management systems at ambulatory sites
Patient Temperature Management System- Market Share and Key vendors.
The report Patient Temperature Management market also provides the competitive landscape of the key players. The report covers the players operating in the entire value chain of the market. The major players identified within the report are
3M Company
Smiths Group plc
Covidien plc
Stryker Corporation
C. R. Bard
ZOLL Medical Corporation
Geratherm Medical AG
Inditherm plc
Cincinnati Sub-Zero Medical Division
The 37Company
Medtronic plc
Read the full report: https://www.reportlinker.com/p04126870
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