Global Intravascular Temperature Management Market
Global Intravascular Temperature Management Market was valued US$ 221.2 Mn in 2017 and is expected to reach US$ 302.6 Mn by 2026, at a CAGR of 3.99% during a forecast period.
The intravascular temperature management market is segmented into the type, application, medical condition, and region.
In terms of type, the global intravascular temperature management market is classified into intravascular warming and intravascular cooling. Based on the application, the global intravascular temperature management market is divided into preoperative care, post-operative care units, and acute & critical care. A further medical condition, global medical gas, and equipment market are split cardiac arrest, traumatic brain injury, stroke bleeding & thrombosis, myocardial infarction, fever & infection, and other medical conditionsBased on regions, the global intravascular temperature management market is divided into five main regions are America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Global Intravascular Temperature Management Market
On the basis of application, the preoperative care segment is expected to witness the highest growth rate during the forecast period due to the increasing awareness regarding the benefits of preoperative warming in surgical settings. The development of technologically advanced systems is one of the factors driving growth in the preoperative care segment.
Based on the medical condition, the traumatic brain injury segment is expected to grow at the highest CAGR during the forecast period. Intravascular cooling techniques are being used as a preventive measure to reduce intracranial pressure during traumatic brain injury treatments.
The major driving factor of the global intravascular temperature management market is a large number of awareness campaigns & conferences arranged by both public & private organizations, increasing adoption of patient warming and cooling systems in developing countries.
The high cost of certain intravascular temperature management devices and stringent regulatory approval processes are hindering the market growth. Additionally, product recalls and failures of temperature management devices are also hampering the market growth.
Geographically, North America is expected to hold the largest market share of the market, followed by Europe. The Asia Pacific market is expected to account for the highest growth rate during the forecasted years mainly because of the rise in healthcare expenditure. The presence of high growth opportunities for the unmet needs of the target population in this region also boosting the market growth.
Key players operating in global intravascular temperature management market are 3M Company, Becton, Dickinson And Company, Belmont Instrument Corporation, Biegler Gmbh, Gentherm Corporation, Medtronic Plc, Smiths Medical, Stryker Corporation, The Surgical Company Group, and Zoll Medical Corporation.Scope of Global Intravascular Temperature Management Market:
Global Intravascular Temperature Management Market, by Type:
- Intravascular Warming• Intravascular CoolingGlobal Intravascular Temperature Management Market, by Application:
- Preoperative Care• Post-operative Care Units• Acute & Critical CareGlobal Intravascular Temperature Management Market, by Medical Condition:
- Cardiac Arrest• Traumatic Brain Injury• Stroke Bleeding & Thrombosis• Myocardial Infarction• Fever & Infection• Other Medical ConditionsGlobal Intravascular Temperature Management Market, by Region:
- North America• Europe• Middle East & Africa• Asia Pacific• South AmericaKey Players Operating In Global Intravascular Temperature Management Market:
- 3M Company• Becton• Dickinson & Company• Belmont Instrument Corporation• Biegler Gmbh• Gentherm Corporation• Medtronic Plc• Smiths Medical• Stryker Corporation• The Surgical Company Group• Zoll Medical Corporation
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