Dublin, Feb. 18, 2022 (GLOBE NEWSWIRE) -- The "Temperature Management Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product; Application; Medical Indication, and Geography" report has been added to ResearchAndMarkets.com's offering.
Perioperative Care Segment to Grow Significantly During 2021-2028
Temperature Management Systems Market is expected to grow at a CAGR of 5.3% from 2021 to 2028. The report highlights trends prevailing in the market and the factors driving and restraining the market growth.
Temperature management systems, called as thermal management systems, utilizes heat transfer and thermodynamics to manage the temperature of a system. Temperature management systems aid in regulating and maintaining the normal body temperature of patients in intensive care, resting rooms, OT's, and other regions of hospitals.
These systems are captious for patients in every setting. Temperature management is a type of active treatment for a specific period during recovery when the blood flow to the brain is poor. The factors such as the increasing prevalence of chronic disease and cardiovascular diseases and rising number of surgical procedure drive the growth of the temperature management systems market.
However, high cost of these products is expected to restrict the market growth to a certain extent during the forecast period.
Based on application, the temperature management systems market is segmented into perioperative care, acute care, newborn care, and others. The perioperative care segment held the largest share of the market in 2020, whereas the acute care segment is estimated to register the highest CAGR in the market during the forecast period.
Key Market Dynamics
Market Drivers
- Increasing Prevalence of Chronic Disease and Cardiovascular Diseases
- Rising Number of Surgical Procedures
Market Restraints
- High Cost of Products
Market Opportunities
- Increasing Research & Development Activities and Product Launches
Future Trends
- Monitoring Wearable Diagnostic and Therapeutic Device for Hyperthermic and Hypothermic Patients
Major companies operating in the global temperature management systems market are
- 3M
- Zoll Medical Corporation
- BD
- Smiths Medical
- Dragerwerk AG & Co. KGaA
- Ecolab
- GENTHERM
- Geratherm Medical AG
- Inspiration Healthcare Group plc
- Stryker Corporation
The report segments global temperature management systems market as follows:
By Product
- Patient Warming Systems
- Surface Warming Systems
- Intravascular Warming Systems
- Warming Accessories
- Patient Cooling Systems
- Surface Cooling Systems
- Intravascular Cooling Systems
- Cooling Accessories
By Application
- Perioperative Care
- Acute Care
- Newborn Care
- Others
By Medical Indication
- General Surgery
- Cardiology
- Neurology
- Pediatrics
- Thoracic Surgery
- Orthopedic Surgery
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
For more information about this report visit https://www.researchandmarkets.com/r/yadp0c
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