The report “Temperature
Management Market by Product
(Surface & Intravascular Systems - Warming & Cooling), Application
(Acute & Perioperative Care), (Surgeon & Anesthesiologist, Nursing
staff), Medical Specialties (Pediatric, Orthopedic, Neurology) - Forecast to
2020” The temperature management Market is poised to reach USD
2,576.8 Million by 2020 from USD 2,302.7 Million in 2015, at a CAGR of 2.3%
from 2015 to 2020.
Browse 201 market tables and 71 figures spread
through 203 pages and
in-depth TOC on "Temperature Management Market”
http://www.marketsandmarkets.com/Market-Reports/temperature-management-market-141546773.html Early buyers will receive 10%
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Number of factors such as the worldwide development
of technologically advanced temperature management systems, increase in aging
population (which in turn is increasing the demand for age-related surgeries),
and growing prevalence of cancer and cardiovascular diseases is propelling the
growth of the global market. However, unfavorable healthcare reforms in the
U.S., product recalls, and rising price pressure on market players are some
major factors restraining the growth of this market. In addition to this, the
stringent regulatory policy in developed countries is a key challenge faced by
market players in the temperature management market.
On the basis of type of product, the
global temperature management market has been divided into two major segments,
namely, patient warming and cooling systems. The patient warming systems
segment is further classified into surface warming systems (convective and
conductive systems), intravascular warming systems, and patient warming
accessories. Likewise, the patient cooling systems segment is further divided into
surface cooling systems, intravascular cooling systems, and patient cooling
accessories. The patient warming systems segment is expected to account for the
largest share of the global market in 2015. Furthermore, the patient cooling
systems segment is expected to grow at the highest CAGR in the next five years,
primarily owing to technological advancements in the field of intravascular
temperature management (IVTM) systems, and numerous growth strategies followed
by market players.
On the basis of type of application,
the global market is classified into four major segments, namely, acute care,
perioperative care, newborn care, and other applications. The perioperative
care applications segment is expected account for the largest share of the
global temperature management market in 2015. The acute care applications
segment is expected to grow at the highest CAGR in the next five years, owing
to rising number of technologically advanced new product launches.
Based on Medical Specialty, The market
is divided into eight broad categories, namely, general surgery, cardiology,
neurology, thoracic surgery, orthopedics, pediatrics and others (ophthalmic
surgery, bariatric surgery, and cosmetic surgery). Orthopedics segment is
expected to be the fastest growing segment, owing to the growing adoption of a
sedentary lifestyle and increasing incidences of work-related musculoskeletal
disorders.
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On the basis of type of end user, the
global temperature management market is classified into three segments, namely,
surgeons and anesthesiologists, nursing staff, and paramedical staff. The
surgeons and anesthesiologists end-user segment is expected to account for the
largest share of the global market in 2014. Furthermore, the paramedical staff
end-user segment is expected to grow at the highest CAGR in the next five
years, owing to increased adoption of temperature management systems during
surgeries due to the benefits of patient warming and cooling systems.
3M Company (U.S.), C.R. Bard, Inc.
(U.S.), Cincinnati Sub-Zero Products Inc. (U.S.), Medtronic PLC (U.S.),
Geratherm Medical AG (Germany), Inditherm Plc (U.K.), Smiths Group Plc (U.S.),
Stryker Corporation (U.S.), and ZOLL Medical Corporation (U.S.) are the key
players operating in the global temperature management market.
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