PUNE, India, December 7, 2017 /PRNewswire/ --
Intravascular Temperature Management Market is forecast to reach $272.3 million by 2022 from $228.4 million in 2017 at a CAGR of 3.6% during (2017-2022) driven by the large number of awareness campaigns/conferences arranged by both public and private organizations, the increasing adoption of patient warming and cooling systems in developing countries, and geographic expansions undertaken by key players in the said market; while traumatic brain injury (TBI) segment will dominate the market.
Browse 147 Market Data Tables and 18 Figures spread through 125 Pages and in-depth TOC on "Intravascular Temperature Management Market by Type (Warming, Cooling), Application (Perioperative, Post-operative, Acute Care), Medical Condition (Stroke, Cardiac Arrest, Traumatic Brain Injury (TBI), Myocardial Infarction) - Global Forecasts to 2022" http://www.reportsnreports.com/reports/1228847-intravascular-temperature-management-market-by-type-warming-cooling-application-perioperative-post-operative-acute-care-medical-condition-stroke-cardiac-arrest-traumatic-brain-injury-tbi-myocardial-in-ts-to-2022.html .
The traumatic brain injury (TBI) segment will dominate the intravascular cooling market during the forecast period. Based on medical condition, the global intravascular cooling market is classified into cardiac arrest, TBI, stroke (bleeding & thrombosis), myocardial infarction, fever/infection and other medical conditions. The TBI segment is expected to hold the largest share of the market in 2017 and is also expected to grow at the highest CAGR during the forecast period. Intravascular cooling techniques are being used as a preventive measure to reduce intracranial pressure (ICP) during TBI treatments. As a result, there is a rise in the adoption of intravascular cooling techniques in neurocritical care units.
The key players in the intravascular temperature management include 3M (US), Smiths (UK), ZOLL Medical (US), the 37Company (Netherlands), Belmont Instrument (US), Biegler (Austria), and BD company (US).
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The intravascular temperature management market in North America to provide significant growth opportunities during the forecast period. Geographically, the market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The North American market is expected to grow at the highest rate during the forecast period. The market growth in the region is driven by the increasing number of surgical centers, high incidence of cardiac arrests and neurological disorders, and high adoption rate of technologically advanced devices in North American countries.
On the basis of type, the Intravascular Temperature Management Market is segmented into two broad categories, namely, intravascular warming and intravascular cooling. The intravascular cooling segment is expected to register the highest CAGR during the forecast period. While the intravascular warming segment is expected to account for the largest share of the global intravascular temperature management market in 2017, the intravascular cooling segment is projected to witness the highest growth in this market during the forecast period. Increasing awareness regarding the use of intravascular cooling in cardiac arrest and stroke care protocol is an important driving factor for this market segment.
On the basis of type, the intravascular temperature management market is segmented into intravascular warming and intravascular cooling. The report provides detailed insights on upcoming technologies, research & development activities, and product launches in the market.
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The intravascular temperature management market in this report is segmented by type, application, medical condition, and region. The study tracks and analyzes competitive developments by market leaders such as product launches; expansions; agreements, partnerships, and collaborations; and acquisitions. The report also profiles the key players and core competencies in the intravascular temperature management market.
Break-up profile of primaries:
- By Company Type: Tier 1 - 40%, Tier 2 - 35% and Tier 3 - 25%
- By Designation: C-level - 33%, D-level - 41% and Others - 26%
- By Region: North America - 35%, Asia - 21%, Europe - 30%, and RoW - 14%
Another research titled Temperature Management Market Forecast to 2022 says, the global temperature management market is estimated to grow at a CAGR of 2.5% from 2017 to 2022, to reach $2.72 billion by 2022. The patient cooling systems segment is expected to grow at the highest CAGR. The general surgery segment to dominate the global temperature management market during the forecast period. The acute care segment is projected to grow at the highest CAGR during the forecast period. By end user, the surgeons and anesthesiologists segment held the largest market share in 2017. Asia-Pacific to witness the highest growth during the forecast period (2017-2022). Companies such as 3M Company (U.S.), Medtronic plc (Ireland), Smiths Medical (U.S.), 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), Ecolab (U.S.) have been profiled in this 204 pages research report available at http://www.reportsnreports.com/purchase.aspx?name=298104 .
Explore more reports on Medical Devices Market at http://www.reportsnreports.com/market-research/medical-devices/ .
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