Patient Temperature Management Systems Market In-depth Analysis and Industrial Insights until 2022

In a recent business intelligence study, FactMR presents the nitty-gritty of the global patient temperature management systems market considering 2012-2016 as the historic year and 2017–2022 as the stipulated time frame. The business report highlights the drivers, restraints, opportunities and trends affecting patient temperature management systems market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The patient temperature management systems market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are 3M Company, Stryker Corporation, Gentherm Incorporated, Smiths Group plc, C. R. Bard, Inc., Medtronic plc, and many others.

The patient temperature management systems market report addresses the below-mentioned queries:

  • Why are vendors shifting away from traditional methods of manufacturing patient temperature management systems?
  • How does the global patient temperature management systems market looks like in the next five years?
  • Which end use industry is expected to surpass segment by the end of 2022?
  • What innovative products are being introduced by the players in the global patient temperature management systems market?
  • Which regions are showing the fastest market growth?

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Patient temperature management systems have become a necessary part of several types of medical treatments. For example, patient temperature management systems are used in surgeries to prevent excessive blood loss and for a rapid recovery post-surgery. In some cases such as heart surgeries, the body heat of a patient is reduced, which is done through the process of blood cooling and this done for reducing surgical complications. Even for patients undergoing treatment for cancer, patient temperature management systems are used to raise the body temperature for effective and efficient chemotherapy or radiation therapy procedures.

Patient temperature management systems are also used in neonatal care, where in order to reduce body temperature fluctuations in new born babies, they are kept in incubators. With a going number of surgeries throughout the world, the market for patient temperature management systems is increasing manifold. However, the high cost associated with patient temperature management systems may hamper the market growth. The global patient temperature management systems market is slated to touch a value of nearly US$ 2,860 Mn in the year 2022 and grow at a steady CAGR during the assessment period.

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4 Forecast Highlights on Global Patient Temperature Management Systems Market

As per the forecast of Fact.MR, the surface warming systems segment is slated to touch a value of nearly US$ 700 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The surface warming systems segment is estimated to account for nearly one-fourth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end. As per the forecast of Fact.MR, the ambulatory surgical centers segment will reach a value of nearly US$ 590 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The ambulatory surgical centers segment is estimated to account for more than one-fifth of the revenue share of the end user segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

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