The temperature management market size is valued at USD x million in 2021 and is expected to reach USD x million by 2028, at a CAGR of 4.1% during the forecast period 2022 to 2028. An increase in the incidence of chronic conditions, rising number of surgical procedures, increasing prevalence of cancer and cardiovascular diseases, technologically advanced intravascular systems, government initiatives to modernize healthcare infrastructure, and awareness about temperature management systems are some key factors fueling the market growth. However, high costs and product recalls & failures are hindering the market growth. In addition, Product Approvals and new product launches provide huge growth opportunities for the market. The temperature management market is a treatment carried out to maintain the specific body temperature of a patient for an exact duration. It progresses health conditions and reduces the risks of tissue injuries occurring due to lack of blood flow. The deterrence of brain injuries and development in brain function following a cardiac arrest is possible using temperature management techniques. It also prevents secondary neurological injuries after central nervous systems trauma in animals.
View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/temperature-management-market/
The temperature management market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players such as acquisitions, mergers, expansions and new product launches may enhance the company’s growth. For instance, In 2021, ZOLL Medical Corporation (Japan) made an agreement with Global Healthcare SG for distribution of portable targeted temperature management system in Asia Pacific.
The temperature management market in North America is expected to hold the highest share by 2026 and it is expected to grow with a significant rate in the coming years due to government initiatives to modernize healthcare infrastructure, large volume of surgical procedures, availability of technologically advanced products, high adoption of new technologies and well-developed healthcare infrastructure. In addition, Asia Pacific held highest CAGR during the forecast period owing to increasing medical tourism in developing countries, expansion in research & development activities and government efforts to increase access to possible surgeries.
Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=49095
There are several industry players working in the Temperature Management Market, which include 3M (US) Smiths Medical (US) Becton, Dickinson and Company (US) Drägerwerk (Germany) Ecolab (US) ZOLL Medical (US)
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: [email protected]
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
