Global Temperature Management Market Outlook and in-Depth Analysis 2019-2026 by Top Players: Ecolab, General Electric Company, GENTHERM., Inspiration Healthcare Group plc, Medtronic, Smiths Medical, Inc., Stryker, The 37Company and more

Data Bridge Market Research has recently added a concise research on the Global Temperature Management Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value, technological development, new product launches and Industry competitive structure is elaborated. As per study key players of this market are 3M, BD, Dragerwerk AG & Co. KGaA, Ecolab, General Electric Company, GENTHERM., Inspiration Healthcare Group plc, Medtronic, Smiths Medical, Inc and more.

Market Analysis:Global Temperature Management Market

Temperature management market is set to witness a steady CAGR of 3.1% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Technological advancement in healthcare industry and rising prevalence of life threatening diseases are the factor for the growth of this market.

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Key Market Competitors:

Few of the major competitors currently working in the global temperature management market are 3M, BD, Dragerwerk AG & Co. KGaA, Ecolab, General Electric Company, GENTHERM., Inspiration Healthcare Group plc, Medtronic, Smiths Medical, Inc., Stryker, The 37Company., ZOLL Medical Corporation, Elitech., Servotech Instrumentation Ltd, VYAIRE, Attune Medical, Cooper-Atkins Corporation., ATS Healthcare., LivaNova PLC, Podimetrics and among others.

Global Temperature Management Market By Product (Patient Warming Systems, Patient Cooling Systems), Application (Perioperative Care, Acute Care, Newborn Care, Other), Medical Specialty (General Surgery, Cardiology, Neurology, Pediatrics, Thoracic Surgery, Orthopedic Surgery, Other), End - User (Operating Rooms, Intensive Care Unit, Emergency Rooms, Other), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Definition:Global Temperature Management Market

Temperature management is a procedure performed on the patient in operating theatres, intensive care units, recovery rooms, and other hospital regions to preserve adequate body temperature for a particular period. Patient warning systems and patient cooling systems are common products which are used in the patient management. This therapy is useful in enhancing patient health circumstances and decreasing the likelihood of tissue injury due to absence of blood flow in the body. This temperature management is widely performed in general surgery, orthopedic surgery, thoracic surgery and others.

Key Developments in the Market:

In March 2019, Smith Medical announced the launch of their next-generation high-flow convective warmer Level 1 convective warmer which is specially designed for the healthcare provider so that they can maintain the patient body temperature during the surgery. This new warmer can help the hospitals to increase efficiency and enhance the patient outcomes
In January 2017, Almac Group announced the launch of their new temperature management software TempEZ which is a platform which will provide the clients to store temperature data in single database. The TempEZ design allows the customer to use any monitor and logistics provider to manage their product's transportation to their final destination. This is specially designed to maintain the quality and integrity of the drug products

Competitive Analysis:

Global temperature management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of temperature management market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers

Rising incidences of chronic diseases will also enhance the market growth
Increasing number of surgical procedures acts as a market driver
Growing medical tourism will also accelerate the growth of this market
Development in advanced intravascular system will also augment the growth of this market

Market Restraints

High price of the intravascular temperature management systems will restrain the market growth
Products recalls & failures can also hinder the growth of this market

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Segmentation: Global Temperature Management Market

By Product

Patient Warming Systems
Warning Accessories
Surface Warming System
Conductive Warming Systems
Convective Warming Systems
Intravascular Warming System
Patient Cooling Systems
Conventional Cooling System
Intravascular Cooling System
Surface Cooling System

By Application

Perioperative Care
Operating Rooms
Postoperative Care Units
Preoperative Care Units
Acute Care
Intensive Care Units
Emergency Rooms
Coronary Care Units
Burn Centers
Neurological Care Units
Cath Labs
Newborn Care
Delivery Suites
Neonatal Intensive Care Units
Postnatal Wards
Other

By Medical Specialty

General Surgery
Cardiology
Neurology
Pediatrics
Thoracic Surgery
Orthopedic Surgery
Other

By End - User

Operating Rooms
Intensive Care Unit
Emergency Rooms
Other

Reasons to Purchase this Report

Current and future of global temperature management market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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