Press release
Therapeutic Hypothermia Market to Surpass $450 Million by 2031, Led by Stryker & Aspen Systems
The Global Therapeutic Hypothermia Market reached US$ 288 million in 2023 and is expected to reach US$ 458.11 million by 2031, growing at a CAGR of 6.1% during the forecast period 2024-2031.Therapeutic Hypothermia Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Therapeutic Hypothermia is a medical treatment that lowers a patient's body temperature to reduce the risk of ischemic injury. It's commonly used after cardiac arrest to protect neurological function. The process involves cooling the body to 32-34°C for a specific period. Monitoring is crucial to manage potential complications. This therapy has shown improved survival rates in certain cases.
List of the Key Players in the Therapeutic Hypothermia Market:
Asahi Kasei Corporation, Becton Dickinson and Company, Shenzhen Comen Medical Instruments Co., Terumo Cardiovascular Systems Corporation, Phoenix Medical Systems, Gentherm Medicals, International Biomedical Ltd., Global Healthcare SG, Stryker Corporation, Aspen Systems among others
Industry Development:
❁ In January 2024, SourceMark Medical announced an expanded partnership with Gentherm Medical. SourceMark will continue as the master supplier for specific Gentherm patient warming product lines in the United States, including Astopad® (a resistive warming system for preventing and treating hypothermia), Norm-O-Temp® (a whole-body hyperthermia system), Gelli-Roll® (a reusable warming and cooling gel pad), WarmAir® (a convective patient warming system), and FilteredFlo® (patient warming air blankets).
Assessing the Effects of U.S. Tariffs on the Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Therapeutic Hypothermia Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Therapeutic Hypothermia Market:
By Product Type: Surface Cooling Packs, Surface Heat Exchange Device, Surface Cooling Helmet, Catheter Technology, Cold Fluids Infusion, Others
By Application: Neurology, Cardiology , Neo-natal Care
By End-User: Hospitals, Specialty Clinics, Ambulance and Emergency Medical Services, Academic and Research Institutes, Others
Regional Analysis for Therapeutic Hypothermia Market:
The regional analysis of the Therapeutic Hypothermia Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Therapeutic Hypothermia market?
➠ Who are the leading manufacturers in the global Therapeutic Hypothermia industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Therapeutic Hypothermia industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Therapeutic Hypothermia market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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