Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
With the slowdown in world economic growth, the Patient Temperature Management Systems Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Patient Temperature Management Systems market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, Stratagem Market Insights analysts believe that in the next few years, Patient Temperature Management Systems market size will be further expanded, we expect that by 2026, The market size of the Patient Temperature Management Systems will reach XXX million $.
Patient Temperature Management Systems Market - Overview
Patient temperature management systems are utilized to maintain and monitor the normal body of the temperature of patients. Systems such as patient warming devices and patient cooling devices are used to decrease or increase body temperature to maintain normothermia. Different methods are used in temperature management such as gel pads, warming blankets, and ice packs. However, these methods are clinically inefficient and hence physicians recommend using advanced systems. The global patient temperature management systems market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global patient temperature management systems market is expected to witness significant growth during the forecast period, owing to the growing prevalence of chronic conditions.
Patient Temperature Management Systems Market - Driver
Increasing the incidence of chronic conditions is expected to drive the growth of the global patient temperature management systems market during the forecast period. Chronic conditions such as stroke, cardiac arrest, spinal cord injury, and traumatic brain conditions require efficient temperature management. According to the World Health Organization (WHO), around 15 million people suffer from stroke each year across the globe, of which around 5 million people die and another 5 million are permanently disabled. According to the same source, around 250,000 to 500,000 people suffer from spinal cord injury every year worldwide. Thus, the high incidence of chronic conditions is expected to drive market growth. Furthermore, an increasing number of surgical procedures are expected to propel the global patient temperature management systems market growth over the forecast period.
Patient Temperature Management Systems Market - Restraint
High cost associated with intravascular temperature management systems is expected to hamper the growth of the global patient temperature management systems market over the forecast period.
Patient Temperature Management Systems Market - Regional Insight
Among regions, North America is expected to witness significant growth in the global patient temperature management systems market during the forecast period. This is owing to the increasing incidences of cardiac surgeries and growing healthcare expenditure in the region. Furthermore, Asia Pacific is expected to register the lucrative growth rate in the near future, a high prevalence of cardiovascular diseases in the region.
Patient Temperature Management Systems Market - Competitive Section
Key players operating in the global patient temperature management systems market are Smiths Medical, 3M, ZOLL Medical, BD, Stryker, and Stryker.
Key players in the market are focused on product launches, in order to expand their product portfolio. For instance, in March 2019, Smiths Medical introduced Level 1 convective warmer, which is a high-flow connective warmer for quiet and safe thermal care solutions.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume, and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment, etc. cover different segment market sizes, both volume, and value. Also cover different industries client's information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
⤍ 3M
⤍ BD
⤍ Medtronic
⤍ Smiths Medical
⤍ Stryker
⤍ ZOLL Medical
Section 4: Region Segmentation
⤍ North America Country (United States, Canada)
⤍ South America
⤍ Asia Country (China, Japan, India, Korea)
⤍ Europe Country (Germany, UK, France, Italy)
⤍ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Type Segmentation
Product Type Segmentation ➜
⤍ Patient Warming Devices
⤍ Patient Cooling Devices
Industry Segmentation ➜
⤍ Perioperative Care
⤍ Neonatal Care
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
