Patient Temperature Management Device Market will Total USD 1.45 bn, Steered by Surging Application in Operating Room and ICU | Market.us
Pune, Maharashtra, India, September 14 2022 (Wiredrelease) Prudour Pvt. Ltd –:A new patient temperature management device is being trialed in hospitals across the country. The device, called the ThermoSuit, is a wearable suit that regulates a patient’s temperature. The suit is made of a special fabric that has been developed to be both comfortable and effective at regulating temperature. The ThermoSuit is powered by a battery pack, which can be worn for up to 24 hours. The device is already being used in Europe and Australia, and has shown promising results.
A new report released by market.us shows that the patient temperature management device market is expected to grow significantly in the next few years. The report projects that the market will reach $1.45 billion by 2023, up from $1.15 billion in 2018.
The report cites several factors that are driving this growth, including the increasing prevalence of chronic diseases, the aging population, and the growing number of surgical procedures being performed each year. Additionally, the report notes that advances in technology are leading to more sophisticated and effective temperature management devices, which is further boosting market growth. With the patient temperature management device market expected to continue growing at a strong pace, companies are introducing new and innovative products to capture a larger share of the market. For example, ZOLL Medical Corporation recently announced the launch of its new R Series temperature management system.
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The global market for Patient Temperature Management Device is extremely concentrated with only a handful of players operating globally. Some of the established prominent brands in Patient Temperature Management Device market are C. R. Bard, Inspiration, The 37Company, Geratherm Medical, Medtronic (Covidien), ZOLL Medical, Mennen Medical, Cincinnati Sub-Zero (CSZ), Stryker, Smiths Medical and 3M Healthcare.
The report is a collection of industry analysts’ first-hand data, qualitative and quantitative analysis, inputs from industry specialists, and industry participants throughout the value chain. The report provides an in-depth analysis of market trends, macroeconomic indicators, and governing variables along with market attractiveness for each segment. The report also includes a qualitative analysis of the impact of market factors on market segments as well as geographies.
Patient Temperature Management Device Market: Scope of the Report
The market estimates included in the report are based on extensive secondary research as well as primary interviews and in-house reviews. The consideration of Market estimates will be evaluated based on the market’s current market dynamics and the impact of various socio-political and economic factors. In addition to the market overview, which comprises market dynamics the section also includes Porter’s Five Forces Analysis which explains the five forces that are: buyer’s bargaining power, supplier’s bargaining power, the threat of new entrants, threat of substitutes, and degree of competition in the Patient Temperature Management Device Market.
Patient Temperature Management Device Market: Competitive Landscape
Innovation and up-gradation in technologies across various industries are bringing new players to the market. The section contains information regarding the financial revenue and key developments of all the major market competitors. This includes SWOT analysis, product benchmarking, key developments and key developments of any 3-5 top market players. This section allows clients to customize the companies they wish to include.
Examples of some of the major players in the global Patient Temperature Management Device market are
3M Healthcare
ZOLL Medical
Medtronic (Covidien)
Stryker
C. R. Bard
Smiths Medical
Cincinnati Sub-Zero (CSZ)
The 37Company
Mennen Medical
Inspiration
Geratherm Medical
Market Taxonomy
On the basis of product type, the global Patient Temperature Management Device market is segmented into:
Patient Warming Systems
Patient Cooling Systems
On the basis of application, the global Patient Temperature Management Device market is segmented into:
Operating Room
ICU
Emergency Room
Others
Global Patient Temperature Management Device Market: Geographical Analysis
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The Market.us Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
Get in touch with our analysts here to know more about global Patient Temperature Management Device market trends and drivers: https://market.us/report/patient-temperature-management-device-market/#inquiry
Countries Covered:
North America: U.S and Canada
Europe: Germany, France, Italy, U.K, Spain, Russia, Rest of Europe
APAC: China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Mexico
The Middle East And Africa: Saudi Arab, South Africa, UAE
Market.us Research provides qualitative solutions to help stakeholders overcome doubts and uncertainties as they plan to grow their businesses. The research provides the information needed to inform the CXOs of current growth opportunities in a market and enable them to take advantage of these opportunities.
Market.us Research is an industry leader in the development of well-researched research reports. Market.us Research’s researchers are highly skilled and make the report unique. We also assist stakeholders and CXOs in making impactful decisions by combining innovation and analytical thinking. Stakeholders will get the best information possible by using both analytical and innovative thinking when preparing a report.
Growth Formula
Market.us Research developed the growth formula to provide insight to CXOs and stakeholders about the current market. This growth formula makes the report an ideal companion for CXOs and stakeholders.
The growth formula includes the following points:
1. Current Challenges and Future Threats Outlook (2022-2031)
2. Accurate Market Trends and Developments
3. Regional Assessment
4. Industrial Analogy
5. COVID-19 Impact, Russia-Ukraine War Impact, Tension between China and Taiwan
Grab the full detailed report here: https://market.us/report/patient-temperature-management-device-market/
FREQUENTLY ASKED QUESTIONS
Q1. How big is the Patient Temperature Management Device market?
Q2. What is the total market worth of Patient Temperature Management Device market?
Q3. What is the Patient Temperature Management Device market growth?
Q4. What are the recent trends affecting the Patient Temperature Management Device market?
Q5. Which segment accounted for the largest Patient Temperature Management Device market share?
Q6. Who are the key companies/players in the Patient Temperature Management Device market?
Q7. What are the factors driving the Patient Temperature Management Device market?
Q8. Which region is expected to project the highest market share in the global Patient Temperature Management Device market?
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