Intravascular Warming Systems Market Is Predicted To Reach USD 565.4 Million By 2025: By Grand View Research, Inc.
The global intravascular warming systems market is expected
to reach a value of USD 565.4 million by 2025, according to a new report by
Grand View Research, Inc. Increasing number of surgical procedures is the most
significant factor projected to boost the growth of the market during the
forecast period. According to the WHO, around 266.2 to 359.5 million surgeries
were performed globally in 2012 and this number is expected to increase in the
near future. This in turn results in the need for intravascular warming
products pre-, intra-, and postoperatively.
Rising adoption of
technologically advanced medical devices by operating rooms, ICUs, and
emergency rooms is another major factor contributing to the growth of the
market. The manufacturers are focusing on developing better in-line
intravascular warming systems, which facilitate rapid flow of normothermic
blood and intravenous fluids. The portability feature of these product also
facilitates convenient usage during trauma or while transporting a patient to
the hospital. Thus, the popularity of these devices is growing at a rapid pace,
which is expected to propel the growth of the market.
North America intravascular
warming systems market, by application, 2014-2025 ($Million)
Browse full research report on
Intravascular Warming Systems Market
Further key findings from the
report suggest:
- Perioperative
care was the largest revenue-generating segment in 2015 in the
intravascular warming systems market. This is due to rising adoption of
technologically advanced medical devices in operating rooms and ICUs
- The acute
care segment is expected to grow at highest rate during forecast period,
owing to increasing adoption of intravascular warming systems for the
treatment of accident and trauma patients
- In 2015,
operating rooms segment held the largest revenue share in this market,
owing to the increasing number of surgical procedures worldwide
- The emergency
rooms segment is expected to grow at high pace during the study period,
due to escalating number of patients requiring emergency medical care
- North America
held the largest share in the year 2015. The factors that can be
attributed to such growth include well-developed healthcare infrastructure
and high incidence of hypothermia & related death rates in countries
like the U.S.
- Asia Pacific
is expected to grow at a lucrative CAGR owing to rising number of surgical
procedures due to large number of road accident cases in India and China.
- Some of the
key players include Stryker Corp.; 3M; The 37 Company; Smiths Medical,
Inc.; Geratherm Medical AG; Inditherm Plc.; Becton, Dickinson and Company;
and Estill Medical Technologies, Inc.
About Grand View Research,
Inc:
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, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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