Fact.MR – A Market Research and Competitive Intelligence Provider: The temperature management market is expected to grow at a CAGR of 3.6 % to USD 3.3 billion by 2026, up from USD 2.7 billion in 2021.
Intravascular Temperature Management Systems is predicted to expand at the highest CAGR in the North American region over the forecast period.
Fact.MR – A Market Research and Competitive Intelligence Provider: The temperature management market is expected to grow at a CAGR of 3.6 % to USD 3.3 billion by 2026, up from USD 2.7 billion in 2021. Factors such as an increase in the global incidence of chronic diseases and the number of surgical procedures performed as a result. During the projection period, the growing number of contracts and agreements between market players is likely to provide a diverse variety of growth prospects for market players. The high cost of intravascular temperature management systems, on the other hand, is limiting the market’s expansion.
The large number of awareness campaigns/conferences organised by both public and private organisations, increasing adoption of patient warming and cooling systems in developing countries, and geographic expansions undertaken by key players in the global market are the major factors driving the Intravascular Temperature Management market’s growth.
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The report covers exhaustive analysis on:
- Intravascular Temperature Management Systems Market Segments
- Intravascular Temperature Management Systems Market Dynamics
- Historical Actual Market Size, 2012 - 2016
- Intravascular Temperature Management Systems Market Size & Forecast 2016 to 2024
- Intravascular Temperature Management Systems Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Intravascular Temperature Management Systems Market Drivers and Restraints
Intravascular Temperature Management Systems Market: Key Players
Some of the key players involved in global intravascular temperature management systems market are 3M Company, Becton, Dickinson And Company, Medtronic Plc, Stryker Corporation, Zoll Medical Corporation, Bard Medical, Inc., C.R. Bard Inc. and others.
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The global intravascular temperature management systems market is segmented on basis of product type, application type, disease condition, end user and geographic region:
Segmentation by Product Type
- Intravascular Warming System
- Intravascular Cooling System
Segmentation by Application Type
- Perioperative Care
- Acute/Critical Care
- Intensive Care Units
- Emergency Rooms
- Coronary Care Units
- Neurological Care Units
- Burn Centers
- Neonatal Care Units
Segmentation by Disease Condition
- Traumatic Brain Injury (TBI)
- Cardiac Arrest
- Stroke
- Myocardial Infarction
- Fever/Infection
- Others
Segmentation by End User
- Ambulatory Surgical Centers
- Hospitals
- Specialty Clinics
Segmentation by Geography
- North America
- Latin America
- Europe
- Asia-Pacific Excluding China
- China
- Middle East & Africa
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How big is the market for intravascular temperature management systems in the United States?
The United States is expected to stay profitable during the projection period due to an increase in the number of procedures conducted in the region, followed by the United Kingdom. Because of their strong healthcare infrastructures, considerable technology advancements in gadgets, and fast rising prevalence of neurological illnesses, both the United States and the United Kingdom are expected to be lucrative.
China, India, and Japan are expected to provide lucrative opportunities for the industry, with China, India, and Japan expected to develop at the quickest rates in 2021 and beyond. The high demand for intravascular temperature management systems in these regions could be related to the rising prevalence of chronic diseases and surgical operations, especially among the elderly.
Intravascular Temperature Management System Kits Improvement and Advancement Remain Key Focus Areas: Fact. MR Research
The market for intravascular temperature management systems contains a number of major companies, making it a moderately competitive market. According to Fact.MR’s study of industry thought leaders, market participants are focusing on creative marketing and production tactics to attract more end-users and boost sales in 2021 and beyond. The latest edition of the research covers all of the market players’ key strategies, which are expected to remain unchanged.
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