"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".
The global intravascular temperature management market is estimated to reach USD 272.3 Million by 2022 from USD 228.4 Million in 2017, at a CAGR of 3.6% during the notice period. The major factors driving the growth of this market include the large number of awareness campaigns/conferences arranged by both public and private organizations, increasing adoption of patient warming and cooling systems in developing countries, and geographic expansions undertaken by key players in the global intravascular temperature management market.
The global intravascular temperature management market is estimated to reach USD 272.3 Million by 2022 from USD 228.4 Million in 2017, at a CAGR of 3.6% during the notice period. The major factors driving the growth of this market include the large number of awareness campaigns/conferences arranged by both public and private organizations, increasing adoption of patient warming and cooling systems in developing countries, and geographic expansions undertaken by key players in the global intravascular temperature management market.
Intravascular warming to hold the largest market share during the forecast period
On the basis of type, the intravascular temperature
management market is segmented into intravascular warming and
intravascular cooling. In 2017, the intravascular warming segment is
expected to account for the largest share of the market. Intravascular
warming systems allow the infusion of heat into the patient’s body to
maintain normothermia. Intravascular warming is the fastest way of
warming a patient‘s body, and plays a vital role in neurocritical care.
The largest share of this segment can be attributed the increasing
adoption of intravascular warming in surgical procedures.
The traumatic brain injury (TBI) segment is expected to grow at the highest rate during the forecast period
Based on medical condition, the global intravascular
cooling market is classified into cardiac arrest, traumatic brain injury
(TBI), stroke (bleeding & thrombosis), myocardial infarction,
fever/infection and other medical conditions. The TBI segment is
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, the adoption of invasive cooling technology in neurocritical
care units is on the rise.
North America dominated the intravascular temperature management market in 2017
North America is expected to hold the largest market
share of the intravascular temperature management market in 2017,
followed by Europe. The North American region is also expected to grow
at the highest CAGR during the forecast period. Factors such as the
increasing number of surgical centers, high incidence of cardiac arrests
and neurological disorders, and the high adoption rate of
technologically advanced devices in North American countries are driving
the growth of the intravascular temperature management market in the
region.
Market Players
Key players in the intravascular temperature
management market include 3M (US), Smiths (UK), ZOLL Medical (US), The
37Company (Netherlands), Belmont Instrument (US), Biegler (Austria),
Stihler Electronic (Germany), and BD company (US).
Press Release: https://www.marketsandmarkets.com/PressReleases/intravascular-temperature-management.asp
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