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Temperature Management Market To Attain A Valuation of Highest CAGR: 3M, BD, Stryker, Cincinnati Sub Zero, Smiths Medical, Inc., Medtronic, Geratherm Medical AG

01-21-2021 09:25 AM CET | Health & Medicine

Press release from: Worldwide Market Reports

Temperature Management

Temperature Management

Patient temperature control can be described as solutions and product offerings, in which external sources such as devices, accessories, blankets, and others maintain the optimum temperature. Based on their functioning, these devices are differentiated as some retain the temperature by external cooling or freezing, some monitor blood through a machine, and other solution offerings. This procedure is often referred to as a heat transfer thermal control device to maintain the correct temperature of the system. Temperature control is an intensive therapy performed on the patient over a fixed period of time when there is insufficient blood flow to the brain.

An increasing number of surgical procedures is expected to drive the growth of the global temperature management market. According to the European Union (EU), in 2018, around 1.16 million cesarean sections also known as C-sections, or cesarean delivery were performed.

The increasing prevalence of cardiovascular diseases is expected to drive the growth of the global temperature management market. According to the World Health Organization (WHO), chronic disease prevalence is expected to rise by 57% globally by the year 2020.

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The Temperature Management Market (2020) research report explores the market in terms of Revenue And Emerging Market Trends and Drivers and includes an up to date analysis and forecasts for various market segments, major players, and all geographical regions till 2026.

The Coronavirus Epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situations. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report. The report will account for COVID 19 as a key market contributor.

High costs associated with the devices & solutions are expected to restrain the growth of the global temperature management market.

North America is expected to dominate the global temperature management market, owing to the rising geriatric population in this region. According to the U.S. Census Bureau, the number of Americans aged 65 years and above will be 80 million in 2040. The Asia Pacific is expected to grow rapidly in near future due to the growing demand for aesthetic and medical surgeries.

Key competitor operating in the global temperature management market are 3M, BD, Stryker, Cincinnati Sub Zero, Smiths Medical, Inc., Medtronic, Geratherm Medical AG, Inspiration Healthcare Group plc, The 37Company, ZOLL Medical Corporation, Drägerwerk AG & Co. KGaA, Ecolab, Atom Medical Corp., and Enthermics, Inc.,

In June 2018, Belmont Instrument, LLC acquired MTRE Advanced Technologies Ltd, the temperature management product division of Mennen Medical. This acquisition would result in the expansion of the product offerings made available to Belmont Instrument, LLC, as well as the development of technological advancements related to temperature control.

In March 2019, Smiths Medical, Inc. launched a new patient temperature management product which is a Level 1 convective warmer. The product offers highly effective temperature management solutions while the patient is at a different level in a surgical procedure.

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Enumerating some of the fundamental parameters encompassed in the report:

• A detailed evaluation of this industry space
• A highly accurate forecast of the valuation of this business
• A fairly definite projection of the growth rate that this market might record over the forecast duration
• Temperature Management market segmentation
• The numerous growth opportunities prevailing in the vertical

Temperature Management Market Report Covers Following Questions:

• What are the weaknesses and strengths of the key vendors?
• What are the key outcomes of the five forces analysis of the Global  Temperature Management market?
• What are the various threats and opportunities faced by the dealers in the Global  Temperature Management market?
• Who are the Leading key players and what are their key business strategies in the Global  Temperature Management market?

Global Temperature Management Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Temperature Management Market by Type
4 Major Companies List
4.1 3M (Company Profile, Sales Data, etc.)
4.1.1 3M Profile
Table 3M Overview List
4.1.2 3M Products & Services
4.1.3 3M Business Operation Conditions
Table Business Operation of 3M (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion

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