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Intravascular Temperature Management Systems Market to Witness Steady Growth through 2026(Segmentation by Product Type Intravascular Warming System Intravascular Cooling System)

03-26-2019 09:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Intravascular Temperature Management Systems Market

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.

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.

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Targeted intravascular temperature management is typically recommended for critically ill patients who are in intensive care or surgical setting and for the ones with out-of-hospital cardiac arrest. Unlike any other traditional method of warming or cooling, a patient is kept cooler or warmer from inside using advanced intravascular temperature management systems and upgraded technology such as proprietary catheter-based technology. The advanced intravascular temperature management systems enables to rapidly, safely, and effectively manage the core body temperature of a patient within fraction of time. Intravascular temperature management systems have proved to be highly effective during induction of mild hypothermia and are invasive devices. One of the most common technology used to regulate core body temperature of a critically ill patient is catheter-based technology. In this, a standard central venous catheter is inserted into the central venous system of target patient. A saline solution is passed into the catheter where it circulates in the closed loop. The intravascular temperature management system then controls the temperature of saline flowing within the catheter tubes, thereby regulating the body temperature of patient. The intravascular temperature management system is highly preferable over conventional temperature controlling techniques owing to facts such as high accuracy, highly responsive system, automatically updating system and ability of the system to identify change in temperature as small as 0.01°C from the body of a patient. When compared with the traditional methods of temperature maintenance, an intravascular temperature management system is much safer and highly controllable, thereby allowing health care providers to focus on critical patient care.

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.

Based on geography, global intravascular temperature management systems market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America registered for the largest share in the global intravascular temperature management systems market followed by Europe and Asia-Pacific. North America region is anticipated to continue the same trend on the account of rise in number of surgeries performed in the U.S.

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. The report covers exhaustive analysis on:

Intravascular Temperature Management Systems Market Segments
Intravascular Temperature Management Systems Market Dynamics
Historical Actual Market Size, 2012 - 2016
Intravascular Temperature Management Systems Market Size & Forecast 2016 to 2024
Intravascular Temperature Management Systems Market Current Trends/Issues/Challenges
Competition & Companies involved
Intravascular Temperature Management Systems Market Drivers and Restraints
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

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Report Analysis@ https://www.factmr.com/report/866/intravascular-temperature-management-systems-market

About US
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Hypothermia can be defined as a drop in body temperature, below 35 °C. Hypothermia can be caused due to accidental exposure, medical conditions, or could be on purpose as a part of therapy i.e., induced hypothermia. Induced hypothermia is used for neurological protection during vascular surgeries, but a patient cannot deviate from normal body temperature for a longer time without risks. Therefore, rewarming of patients is crucial. Intravascular warming systems