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(ARABNEWSWIRE.COM, September 12, 2018 ) Targeted Temperature Management Market Growth Analysis:
Patient warming and cooling devices offer several benefits such as reducing loss of blood during surgeries, lowering the risks of neurological disorders post cardiac arrests, rapid recovery after surgeries, and decreasing risks of SSIs.
In accordance with a report by, Market Data Forecast, the Targeted Temperature Management Market Size was estimated to be around USD 2.82 Billion by the end of the year 2023, from earlier valuation of around USD 2.45 billion towards end of 2018, with a CAGR of 2.8 %. Demand for Temperature management products is expected to be affected by the growing number of surgical procedures.
These benefits in turn can reduce a patient’s stay at a hospital and therefore lower health care costs. Another benefit is a significantly lower rate of readmissions
Growing need for modern temperature management systems has led to the introduction of a wide range of surface warming and cooling systems. This has further accelerated the market growth of patient temperature management systems. For instance, 3M revolutionized its Bair Hugger brand, which has a broad portfolio of blankets, such as full body, underbody, specialty, and others.
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Targeted Temperature Management Market Segmented, by Product:
Patient Warming Systems
Patient Cooling Systems
Market Segmented, By Application:
Market Segmented, by Medical Specialty:
Other Medical Specialties
Market Segmented, by End-User:
Surgeons and Anesthesiologists
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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The following manufacturers are covered in this report:
Major companies in the Temperature Management market are 3M Company (U.S.), Smiths Medical (U.K.), Medtronic plc (Ireland), C.R. Bard Inc. (U.S.), Cincinnati Sub-Zero Products, Inc. (U.S.), Geratherm Medical AG (Germany), Inspiration Healthcare Group plc, (U.K.), Stryker Corporation (U.S.), The 37Company (Netherlands), ZOLL Medical Corporation (U.S.), GE Healthcare (U.S.), Becton, Dickinson and Company (U.S.), DRÄGERWERK AG & CO. KGAA (Germany), and Ecolab (U.S.).
In this Analysis, the years considered to estimate the market size of Temperature Management:
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
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Name: Mr. Abhishek Shukla
Market Data Forecast.