Hypothermia Management Systems Demand Stimulated by Surging Cases of Cardiac Arrest: Fact.MR

Increasing cases of cardiac arrest and growing investment in research and development for advanced hypothermia management systems will improve sales prospects

According to a study by Fact.MR, the hypothermia management market is expected to witness substantial growth through 2021 and beyond. Growth registered will be underpinned by the increasing prevalence of chronic conditions such as cardiac arrest, traumatic brain injury, neurological impairments and others.

The rising demand for effective therapies and surgical procedures amid growing cases of chronic conditions, which often leads increasing use of anesthesia, will drive the growth of hypothermia management market.  Surging cases of brain damage and cardiac arrest, especially among ageing population with neurological impairment will create growth opportunities.

According to the Center for Disease Control and Prevention 2020 report, there are more than 356,000 out-of-hospital cardiac arrests annually in the U.S., nearly 90% of them fatal. Also, around 1000 people every day in U.S. suffer from cardiac arrest. Patients with cardiac arrest can suffer from brain damage and neurological impairments.

To prevent this, hypothermia management systems are extensively used. According to the study, increasing investments in the expansion of healthcare infrastructure and e is expected to provide lucrative growth opportunities for the key players over the coming years.

“Hypothermia management market players are increasingly focusing on innovative product launches and integration of advanced technology to deliver hypothermia management with better quality,” says the Fact.MR analyst.    
 

Request a report sample to gain comprehensive insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=5699
 

Key Takeaways from Fact.MR’s Hypothermia management Study

  • Hospitals and surgical centers are expected to be the primary end users of the market
  • Based on age group, adults are more likely to need the hypothermia management systems on the back of growing cases of cardiac arrests
  • The U.S. is expected to be the most lucrative market backed by the technological advancements in its healthcare industry
  • Germany is expected to be the 2nd most lucrative country and will lead the Europe’s hypothermia management market throughout the forecast period
  • Increasing technological advancement across India’s healthcare industry is likely to spur the market growth
  • The U.K. and France will witness an impressive growth backed by the rising prevalence of chronic diseases in the regions

Prominent Drivers

  • Increased cases of chronic conditions will drive the demand of hypothermia management systems
  • High demand among physician surgeons and from pharmaceutical industry is expected to bolster the market growth

Key Restraints

  • High cost of intravascular temperature management systems is expected to restraint for the market
  • Lack of awareness about the hypothermia management in economies such as India and Brazil is expected to hamper the market demand
     

Discover more about the hypothermia management market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/hypothermia management-market
 

Competitive Landscape

The market is expected to be fragmented, leading to heightened competition levels. Therefore, a variety of expansion strategies are being deployed by the key market players. Leading players in the global hypothermia management market are also focusing on acquisitions of the companies that offer specialized products and projects potential to generate substantial revenue. By acquiring these companies, manufacturers in the market aim to have a stronger product portfolio as compared to its competitors.

In September 2019, Smiths Medical, a leading global medical device manufacturer announced the launch of the Level 1® convective warmer. This next-generation high-flow convective warmer provides health care providers a quiet, simple and safe thermal care solution to help patients maintain normal body temperature through every stage of surgery.

Some of the players profiled by Fact.MR includes:

  • Attikouris Enterprises Ltd.
  • MTRE Advanced Technologies Ltd.
  • Stryker
  • Becton
  • Dickinson and Company
  • ZOLL Medical Corporation
  • GENTHERM.
  • Belmont Medical Technologies
  • 3M
  • C.R. Bard, Inc
  • Abb Ltd
  • Deltatrack
  • Fluke Corporation
  • Others

More Insights on the Hypothermia Management Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global hypothermia management market. The study divulges compelling insights on the market based on:

Product

  • Conventional Warming System
  • Intravascular Warming System
  • Surface Warming System

Hypothermia

  • Acute Hypothermia
  • Chronic Hypothermia
  • Exhaustion Hypothermia
  • Perioperative Hypothermia

Age Group

  • Pediatrics
  • Adults

End-User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Explore Fact.MR’s Coverage on the Healthcare Domain

Ambient Temperature Gel Permeation Chromatography Market: A recent report by Fact.MR provides an in-depth analysis about the global ambient temperature gel permeation chromatography market for the forthcoming decade. The report’s primary objective is to provide information and updates pertaining to growth opportunities in the global market for ambient temperature gel permeation chromatography.

Patient Temperature Management Systems Market: The scope of this Fact.MR’s report is to analyze the global patient temperature management systems market for the upcoming forecast period, and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global patient temperature management systems market can benefit from the analysis offered in this report.

Intravascular Temperature Management Systems Market: A recent study by Fact.MR on the Intravascular Temperature Management Systems market offers a forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of intravascular temperature management systems.  

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.    

Contact:

Sudip Saha

US Sales Office:

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Tel: +1 (628) 251-1583

E: sales@factmr.com

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers,

Dubai, United Arab Emirates

Source: Fact.MR

Back to news