Patient Temperature Management Market Will Be Worth $4.5 Billion By 2025: Grand View Research, Inc.
The global patient temperature management market is
anticipated to reach a value of USD 4.5 billion by 2025, according to a new
report by Grand View Research, Inc. Growing number of surgical procedures is
expected to have a huge impact on the demand for temperature management
products. For instance, open heart surgeries require maintenance of patients’
temperature through blood cooling and, thereby, reducing the risk for
perioperative and postoperative surgical complications.
Currently, the number of cardiac surgeries being undertaken
is rapidly increasing owing to the rising prevalence of cardiac arrest and
other chronic cardiovascular diseases. This has resulted in increased need for
patient temperature management in order to restrict adverse effects on brain.
Moreover, while treatment of cancer patients, patient warming systems are used
along with chemotherapy and radiation therapy for more effective results. In
addition, increasing number of childbirth has also given rise to additional
demand for temperature management devices in order to control temperature in
neonatal care.
Furthermore, technological advancements have expanded the
temperature management product portfolio of companies through the introduction
of warming and cooling blankets, surface pads, and cooling caps.
Browse full research report on Patient Temperature
Management Market: http://www.grandviewresearch.com/industry-analysis/patient-temperature-management-market
Further key findings from the study suggest:
- Patient
warming systems dominated the market in 2015 due to rising need for
temperature management devices for patients requiring general anesthesia
for surgery.
- Patient
cooling systems are expected to show a lucrative CAGR over the forecast
period owing to technological advancements like surface cooling pads and
blankets
- Surgery
segment held the largest market share in 2015 due to rising number of
surgeries and updated guidelines released by the government to address the
issues related to patient’s temperature management during open heart
surgery
- North
America contributed toward the largest revenue in 2015 owing to increasing
demand for technologically advanced temperature management products
- Asia
Pacific is projected to witness an attractive CAGR over the forecast
period, primarily due to increasing prevalence of cancer and heart attack
- Some
of the key companies for the market include ZOLL Medical Corporation;
Stryker Corporation; Medtronic, Inc.; Cincinnati Sub-Zero Products, LLC;
Geratherm Medical AG; Bard Medical, Inc.; 3M Company; Smiths Medical,
Inc.; Inditherm Plc; The 37Company; and Atom Medical Corporation
- In
2014, Medtronic acquired Covidien plc in order to enter the temperature
management business
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/blog/patient-temperature-management-market-size-trends
Grand View Research has segmented the patient temperature
management market on the basis of product, application, end use, and region:
Patient Temperature Management Product Outlook (Revenue,
USD Million; 2014 - 2025)
- Patient
Warming Systems
- Conventional
Warming Systems
- Surface
Warming Systems
- Intravascular
Warming Systems
- Patient
Cooling Systems
- Conventional
Cooling Systems
- Surface
Cooling Systems
- Intravascular
Cooling Systems
Patient Temperature Management Application Outlook
(Revenue, USD Million; 2014 - 2025)
- Surgery
- Cardiology
- Pediatrics
- Neurology
- Others
Patient Temperature Management End-Use Outlook (Revenue,
USD Million; 2014 - 2025)
- Operating
Room
- Neonatal
ICU
- Emergency
Room
- ICUs
- Others
Patient Temperature Management Regional Outlook (Revenue,
USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
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