Temperature management is a treatment on a patient to keep the controlled body temperature in operating theatres and intensive care units. The global temperature management market will be growing at a CAGR of 2.5% to reach $2.92 Billion by 2025 from $2.52 Billion in 2017 during 2019-2025. Factors responsible for the growth of the market are development of technologically advanced intravascular systems, growth in research funding and aging population. However, product recalls and high cost of invasive temperature management systems are major restraints impeding the growth of the market. Emerging markets and growing number of contracts and agreements are providing major opportunities to the temperature management market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Temperature Management market statistics by medical specialty, product, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Temperature Management market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Temperature Management Market Analysis
- Analysis and conclusions on the future Temperature Management market outlook.
Top-down and bottom-up approaches are used to validate the Temperature Management Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research
involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Temperature Management Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Temperature Management market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Temperature Management market segmentation is as follows:
By Medical Specialty
- General Surgery
- Cardiology
- Neurology
- Pediatrics
- Thoracic Surgery
- Orthopedics
- Other Medical Specialties
By Product
- Patient Warming Systems
- Surface Warming Systems
- Convective Warming Systems
- Conductive Warming Systems
- Intravascular Warming Systems
- Warming Accessories
- Patient Cooling Systems
- Surface Cooling Systems
- Intravascular Cooling Systems
- Cooling Accessories
By Application
- Perioperative Care
- Operating Rooms
- Recovery Rooms
- Preoperative Care Units
- Acute Care
- Intensive Care Units
- Emergency Rooms
- Coronary Care Units
- Neurological Care Units
- Burn Centers
- Cath Labs
- Military Applications
- Newborn Care
- Delivery Suites
- Neonatal Intensive Care Units
- Postnatal Wards
- Physiotherapy
- Medical/Surgical Units
- Patient Transport
- Chemotherapy
- Others
By End User
- Surgeons and Anesthesiologists
- Nursing Staff
- Paramedical Staff
Geographical Analysis:
Temperature Management Market is segmented by geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New
Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Temperature Management Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Temperature Management Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Temperature Management market players, such as
- Stryker Corporation
- Cincinnati Sub-Zero Products, LLC
- Smith’s Medical
- Medtronic PLC
- Geratherm Medical AG
- Along with these companies, many other companies are considered in the report while analysing the Global Temperature Management competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
