Advanced Intravascular Temperature Management System Market: Traumatic Brain Injury (TBI) Segment Registers the Highest Growth rate by 2031

The demand for intravascular temperature management system witnessed a negative impact to some extent during the covid-19 pandemic. In order to limit the transmission, governments kept hold on various less important surgeries which affected the supply. However, with the coronavirus being believed to be contained, the manufacturers are preparing again for the supply.

Considering the technological advancements, in the recent developments and launches, the key players are focussing on strategic analysis. Emphasis is done on research and development and manufacturers are investing on it so as to treat the patients with ease and improved technologies.

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Intravascular temperature management is a technique through which temperature is maintained as per the patient when catheter is inserted into the venous system. The device with which it is attached regulates the temperature of the blood. It is mostly used in recovery rooms, intensive care units and operation theaters. Prevalence of cardio vascular diseases, increased cases of surgical infections is the key prospect for growth.

Key Developments in Intravascular Temperature Management System

Aurora Spine Corporation, a manufacturer of innovative medical devices announced its launch of pain care division. The phusicians are using ZIP and SILO mechanical devices for pain management. The ZIP is a screwless Fusion Procedure and SILO is a single implant fusion system developed to provide simple, safe and reproducible method of fusing the joint.

KRY announced a new merger with Swedish health care company Helsa in June 2020 to take over its operation of health centers in five regions. The merger combines the benefits of digitalisation with physical health centres and enables KRY to diagnose more and more patients with different problems. The company commits to provide high quality care to its patients.

Becton Dickinson in November 2020 announced its acquisition of Cubex, a software developer asset. The reason of the acquisition being its cloud based software for decentralizing medication management and provides specialised features for pharmacists.

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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 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 sector is likely to envisage rapid growth. Manufacturers and distributors of intravascular temperature management systems are adopting innovative strategies to attract more end-users and improve sales in the upcoming years.

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 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.

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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.

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.

Moreover, advancement in technology and enhanced temperature management therapies for patient’s body are also a key growth prospect during the forecast period. However, high costs associated with patient care at intensive care units is restraining the current growth.

Segmentation

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

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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

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