Global Temperature Management market expected to propel by the growing prevalence of chronic diseases and the rise in the geriatric population
Global Temperature Management market estimated to grow with a noteworthy rate during the forecast period, 2020-2027. It is primarily attributed to the increasing effectiveness of the use of temperature management systems in chronic cardiac conditions and nervous system diseases. The expanding prevalence of cancer and cardiovascular diseases across the globe will accelerate the global temperature management market in the forecast periods. According to WHO, cardiovascular diseases (CVDs) are the number 1 cause of death globally, taking an estimated 17.9 million lives each year. WHO also states that an estimated 17.9 million people died from CVDs in 2016, representing 31% of all global deaths. Of these deaths, 85% are due to heart attack and stroke.
Temperature management devices are used to improve the health conditions of patients and reducing the chance of tissue injuries by providing regulations inside recovery rooms, operations theatres, and other types of hospital rooms. Furthermore, the surge in the number of surgical procedures performed across the world due to the growth in the geriatric population will augment the global temperature management market in the upcoming periods. Also, technological advancements in the healthcare sector with the introduction of new temperature management systems, such as surface pads, blankets, and head caps, will augment the global temperature management industry in the estimated periods.
Product Type Overview in the Global Temperature Management market
Based on product type, the global Temperature Management market bifurcates into Patient Warming Systems (Surface Warming Systems, Intravascular Warming Systems, and Warming Accessories) and Patient Cooling Systems (Surface Cooling Systems, Intravascular Cooling Systems, and Cooling Accessories). The Patient Warming Systems segment likely to generate maximum revenue by 2027, the surge in demand for patient warming temperature system in the application of the pre-surgery during the provision of general anaesthesia to curb pre-operative complications.
Application Overview in the Global Temperature Management market
Based on application, the global Temperature Management market categorized into General Surgery, Cardiology, Neurology, Paediatrics, Thoracic Surgery, Orthopaedic Surgery, and Others. The General Surgery segment projected to lead the market by 2027, attributable to the increasing number of surgical procedures coupled with the growing demand for temperature management in pre-, post- and perioperative surgical procedures.
End-User Overview in the Global Temperature Management market
Based on end-user, the global Temperature Management market categorized into ICU, Emergency Rooms, Operating Rooms, Neonatal ICU, and Others. Neonatal ICU segments will be the fastest-growing segment on account of the surge in the number of gynaecological, premature birth, and childbirth procedures requiring huge support with temperature management devices.
Regional Overview in the Global Temperature Management market
By geography, the Global Temperature Management market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America projected to get higher growth in the forecast period. It is owing to favorable government financial support to modernize healthcare infrastructure coupled with the increasing number of hospitals and the rising aging population.
Global Temperature Management market: Competitive Landscape
Companies such as 3M Company, Becton, Dickinson and Company, Dräger AG & Co. KGaA, Ecolab, GE Healthcare, Gentherm Incorporated, Inspiration Healthcare, Medtronic plc, Smiths Medical, Stryker Corporation, The 37Company, Bard Medical, Inc., Geratherm Medical AG, Inditherm Plc., and Zoll Medical Corporation are the key players in the Global Temperature Management Market.
visit https://www.shingetsuresearch.com
U.S +1 217 953 4020
U.S +1(281)603-8808
Shingetsu Research 3309 Robbins Rd #524Springfield, IL 62704-6587.