Albany, NY -- (SBWIRE) -- 01/05/2018 -- Hypothermia can be defined as a drop in body temperature, below 35 °C. Hypothermia can be caused due to accidental exposure, medical conditions, or could be on purpose as a part of therapy i.e., induced hypothermia. Induced hypothermia is used for neurological protection during vascular surgeries, but a patient cannot deviate from normal body temperature for a longer time without risks. Therefore, rewarming of patients is crucial. Intravascular warming systems are used to maintain normothermia i.e., normal body temperature which can lead to faster recovery
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The global intravascular warming systems market is projected to experience strong growth during the forecast period. Surge in number of surgical procedures, high prevalence of neurological and cardiovascular conditions, and increase in geriatric population are the factors driving the global intravascular warming systems market. According to the American Heart Association, cardiovascular diseases affect the largest number of people than any other disease in the U.S. each day, which can impact the growth of the global market. High adoption rate of the intravascular warming systems in many countries due to its increased preference over other warming systems is one of the key factors fueling the growth of the global market. Intravascular systems are more preferred over other warming systems due to its rapid rewarming capacity if target temperature is exceeded. Furthermore, prevalence of unhealthy lifestyle and introduction of products that are technologically advanced such as portable devices are likely to boost the growth of the global intravascular warming systems market during the forecast period. Strict regulatory policies in some of the developed countries and increase in pricing pressure are factors likely to restrain the global intravascular warming systems market.
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The global intravascular warming systems market can be segmented based on product type, application, medical specialty, end-user, and region. In terms of product type, the global market can be segmented into insulated intravenous tubing, connective warming tubing, water bath warming system, heat block warming system, and others. Based on application, the global market can be divided into peri-operative care, acute care, and neonatal care. In terms of medical specialty, the global intravascular warming systems market can be categorized into cardiology, oncology, neurology, orthopedics, general surgery, and others. The cardiology segment is anticipated to be the fastest growing owing to high prevalence of cardiovascular conditions. Based on end-user, the global intravascular warming systems market can be segmented into emergency care, hospitals, ambulatory surgical centers, and others.
The global intravascular warming systems market is projected to expand at a significant growth rate. Geographically, the intravascular warming systems market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the global intravascular warming systems market. Growth of the market in North America is attributed to developed health care infrastructure, increased prevalence rate of unhealthy lifestyle, high adoption rate of intravascular systems, rise in health care expenditure, and high prevalence of cardiovascular diseases. The market in Asia Pacific is expected to witness strong growth due to factors such as new rise in disposable income and prevalence of unhealthy lifestyle.
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Key players in the global intravascular warming systems market are 3M Company, ZOLL Medical Corporation, Stryker Corporation, Inspiration Healthcare Group plc, and Smiths Medical, among others.
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