The global Patient Temperature Management Market size is
anticipated to reach a value of USD 5.0 billion by 2026, according to a new
report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.5%
during the forecast period. Rising number of surgeries is anticipated to
accelerate the demand for temperature management devices. For instance, open
heart surgeries require lowering down the body heat of patients through blood
cooling, which helps reduce the risk of post and perioperative surgical
complications.
With growing prevalence of cardiac arrest and other chronic cardiac
diseases, there is a rising number of surgeries being undertaken. This growth
is anticipated to drive the need for patient temperature management, to avoid
the adverse effects on brain. Patient warming systems are also used for cancer
patients as adjuncts with chemotherapy and radiation therapy for more effective
results. Moreover, in neonatal care, newborns are likely to experience
temperature fluctuations and hence, they are kept in incubators to maintain
their normal body temperature. The aforementioned factors are driving demand
for temperature monitoring devices.
With rising demand for conventional warming and cooling devices, there
is a growing need for modern temperature management systems. Introduction of a
wide range of surface warming and cooling systems by major market players is
expected to positively impact the patient temperature management market during
the forecast period. The blood and fluid temperature management devices have
also evolved over the years and are applied through a catheter by circulating
warm or cool saline in the patients’ body.
Browse Details of Report@
https://www.grandviewresearch.com/industry-analysis/patient-temperature-management-market
https://www.grandviewresearch.com/industry-analysis/patient-temperature-management-market
Further key findings from the study suggest:
- Patient
warming systems led the market in 2018 due to rise in the number of
surgeries, which lower the body temperature of patients due to the use of
general anesthesia
- Patient
cooling systems are anticipated to exhibit a lucrative CAGR over the
forecast period due to the introduction of new products like cooling caps
and blood and fluid cooling systems
- Surgery
segment held the largest market share in 2018 due to increasing number of
cardiac and gynecological surgeries across the globe
- Operating
rooms segment is expected to generate huge revenue due to the large number
of surgical procedures being performed and the need for temperature
management during these surgeries
- In
2018, North America led the patient temperature management market due to
rising demand for technologically advanced products in this region
- Asia
Pacific is expected to showcase lucrative growth over the forecast period,
due to increasing sedentary lifestyle resulting in cardiac related
disorders
- Some
of the major companies operating in the market include Stryker
Corporation; ZOLL Medical Corporation; Cincinnati Sub-Zero Products, LLC;
Medtronic, Inc.; 3M Company; Bard Medical, Inc.; and The 37Company
About Us:
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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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