(Health-NewsWire.Net, November 11, 2018 ) The growth of the intravascular temperature management system market is mainly attributed to the increasing prevalence of cardiovascular diseases and needs of appropriate medical devices for the treatment. Intravascular temperature management systems are mainly employed in cardiovascular surgeries as a part of the post-cardiac arrest treatment. With the increasing growth of the healthcare industry and needs for making available the highest-quality medical equipment, adoption of intravascular temperature management systems is likely to increase in the upcoming years. Manufacturers, distributors, and other stakeholders in the Intravascular Temperature Management System Market are leveraging the latest technological advancements to further improve the salient features of intravascular temperature management systems.
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By employing the next-generation technologies, leading manufacturers are introducing various types of intravascular temperature management systems that can maintain hypothermia in patients under critical care. Manufacturers are introducing intravascular temperature management systems depending on various health condition to ensure the effectiveness and reliability of these equipment. With the increasing number of special hospitals and healthcare service centers offering advanced healthcare facilities, the intravascular temperature management system market is likely to envisage rapid growth. Manufacturers and distributors of intravascular temperature management systems are adopting innovative manufacturing and marketing strategies to attract more end-users and improve sales in the upcoming years.
The growing adoption of patient warming and cooling systems, particularly intravascular temperature management systems in developing countries is projected to propel intravascular temperature management systems market growth over the coming years. The intravascular temperature management systems market is categorized on the basis of product type, application type, disease condition and end user. On the basis of product type, the intravascular temperature management systems are classified into two types, including intravascular warming systems and intravascular cooling systems. However, based on the application, the intravascular temperature management systems find major applications in perioperative care and acute/critical care. Based on disease condition, temperature management systems market has been categorized into 5 major types: cardiac arrest, traumatic brain injury (TBI), stroke (bleeding & thrombosis), myocardial infarction, fever/infection and other medical conditions. On the basis of disease condition, traumatic brain injury (TBI) segment registers the highest growth rate during forecast period in intravascular temperature management systems market.
Rising number of surgeries owing to the growing prevalence of cardiac arrest and other chronic cardiac diseases is anticipated to be the primary factor fueling the growth of intravascular temperature management systems market. Increasing adoption of patient warming systems and cooling systems in developing countries, increasing demand for patient warming systems from cancer patients undergoing chemotherapy and radiation therapy, growing application in neonatal care to balance temperature fluctuations and growing focus on developing distribution channels are some other factors which further drive the revenue generation in intravascular temperature management systems market. Moreover, advancement in technology and enhanced temperature management therapies for patient’s body are also responsible for driving the intravascular temperature management systems market over forecast period. However, high costs associated with patient care at intensive care units is restraining the current intravascular temperature management systems market growth.
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The global intravascular temperature management systems market is segmented on basis of product type, application type, disease condition, end user and geographic region:
Segmentation by Product Type Intravascular Warming System Intravascular Cooling System Segmentation by Application Type Perioperative Care Acute/Critical Care Intensive Care Units Emergency Rooms Coronary Care Units Neurological Care Units Burn Centers Neonatal Care Units Segmentation by Disease Condition Traumatic Brain Injury (TBI) Cardiac Arrest Stroke Myocardial Infarction Fever/Infection Others Segmentation by End User Ambulatory Surgical Centers Hospitals Specialty Clinics Segmentation by Geography North America Latin America Europe Asia-Pacific Excluding China China Middle East & Africa On the basis of product type, intravascular warming system registered highest revenue generation and is further anticipated to dominate the intravascular temperature management systems market over the forecast period. On the basis of application, traumatic brain injury (TBI) is expected to generate highest revenues in global intravascular temperature management systems market. Whereas, ambulatory surgical center is anticipated to register highest growth rate over the forecast period.
Some of the key players involved in global intravascular temperature management systems market are 3M Company, Becton, Dickinson And Company, Medtronic Plc, Stryker Corporation, Zoll Medical Corporation, Bard Medical, Inc., C.R. Bard Inc. and others.
Regional analysis includes
North America Latin America Europe Asia Pacific Excluding China China Middle East & Africa This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
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