Temperature Management Systems Market Is Anticipated To Record A Valuation Of USD 3,343.41 Million By 2028
The Temperature Management Systems Market report outlines the evolution of Temperature Management Systems Market by type, applications and identifies and assesses the best performing vendors in the market till 2028. Temperature Management Systems Market reports present the revenue opportunities in the Temperature Management Systems Market through 2022-2028, highlighting the market size and growth by technology, geography, vertical and end users.
Temperature Management Systems Market, Temperature Management Systems Market size, Temperature Management Systems Market share, Te
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPRE00022587/?utm_source=OpenPR&utm_medium=10366
The temperature management systems market is projected to reach US$ 3,343.41 million by 2028 from US$ 2,332.93 million in 2021; it is expected to grow at a CAGR of 5.3% from 2021 to 2028.
Temperature management systems, called as thermal management systems, utilizes heat transfer and thermodynamics to manage the temperature of a system. Temperature management systems aid in regulating and maintaining the normal body temperature of patients in intensive care, resting rooms, OT's, and other regions of hospitals. These systems are captious for patients in every setting. Temperature management is a type of active treatment for a specific period during recovery when the blood flow to the brain is poor. The factors such as the increasing prevalence of chronic disease and cardiovascular diseases and rising number of surgical procedure drive the growth of the temperature management systems market. However, high cost of these products is expected to restrict the market growth to a certain extent during the forecast period.
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Based on product, the temperature management systems market is categorized into patient warming systems and patient cooling systems. The patient warming systems segment held a larger share of the market in 2020, whereas the patient cooling systems is anticipated to register the highest CAGR in the market during the forecast period.
Application -Based Insights
Based on application, the temperature management systems market has been segmented into perioperative care, acute care, newborn care, and others. The perioperative care segment held the largest share of the market in 2020, whereas the acute care segment is estimated to register the highest CAGR in the market during the forecast period.
Medical Indication-Based Insights
Based on medical indication, the temperature management systems market has been segmented into general surgery, cardiology, neurology, pediatrics, orthopedic surgery, thoracic surgery, and others. The general surgery segment held the largest share of the market in 2020, whereas the cardiology segment is estimated to register the highest CAGR in the market during the forecast period.
The prominent/emerging players in the Temperature Management Systems Market research include:
• ZOLL MEDICAL CORPORATION
• Smiths Medical
• Dragerwerk AG & Co. KGaA
• Geratherm Medical AG
• Inspiration Healthcare Group plc
• Stryker Corporation
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "financial performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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