The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the temperature management market. The scope of this report covers the temperature management market by its major segments, which include the types, applications, and the major geographic regions.
Growing no. of procedures of surgery is one the major considerable factors effecting the market growth of the temperature management. Huge no. of surgeries is carried out around the world.
Several anesthesia application to patients before any kind of surgery may result in lower body temperature. Abd under such circumstances, warming systems is important essential for avoiding any further intraoperative hypothermia.
Adoption of such systems helps in minimizing both pre and post complications related to surgery and related patient discomfort to the patient.
KEY PREMIUM INDUSTRY INSIGHTS
- The global market for temperature management is driven by certain factors such as growing incidences of chronic conditions, development of advanced technology based intravascular systems, large no. of awareness related to campaigns and several conferences for physicians, growth in research funding and various acquisitions as well as geographic expansions by various industry players.
- However, recalls for product and higher prices of invasive systems of temperature management are few hampering factors of the global temperature management market. Certain opportunities occurring in the global temperature management market include emerging markets that are proffering higher growth opportunities and increasing no. of agreements and contracts among key market players. While sustainability of market players are the major challenge in the global market.
Regionally, the global temperature management market is classified into North America, Europe, Asia-Pacific, and the Rest of the World. Among these regions, North America is anticipated to be dominant market player that might attribute to maximum no.
of surgical procedures done, growing geriatric population, escalating incidences of neurological disorders and cardiac arrests, and increasing adoption of technology based latest devices. the Asia-Pacific region is estimated to expand with maximum market share over the forecast period.
KEY MARKET PLAYERS
Key players in the temperature management market include:
- 3M Company
2. C. R. Bard, Inc.
3. Stryker Corporation
4. Cincinnati Sub-Zero Products, LLC (A Subsidiary of Gentherm Incorporated)
5. Smiths Medical
6. Medtronic PLC
7. Geratherm Medical AG
8. Inspiration Healthcare Group PLC
9. The 37company (The Surgical Company)
10. Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation)
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