Temperature Management Market Approximately Marked a 3 Billion Dollar Industry
The Global Temperature Management market size was around USD 2.35 billion in 2016. It is expected to grow at a CAGR of 2.5 % to reach USD 2.66 billion by 2021.
Hyderabad, India -- (SBWire) -- 03/15/2018 --A large range of surgeries is accomplished with the advent of technology in medical science in contemporary times. OMICS global, 2015 stated that almost 234 million surgical procedures are performed every year. The utility of anesthesia to patients earlier than any surgery results in low flame temperature. Under these occasions, warming structures are vital to avoid any further intraoperative hypothermia. Adoption of these systems assists in minimizing pre and submit-surgical headaches and related pain to the patient. Consequently, such excessive adoption price has led to high demand for these gadgets.
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The Global Temperature Management market size was around USD 2.35 billion in 2016. It is expected to grow at a CAGR of 2.5 % to reach USD 2.66 billion by 2021. Growing prevalence of cardiovascular diseases and cancer has encouraged the excessive call for warming and cooling gadgets. In most cancers cases, the drop in body temperature effects in the multiplication of cancer cells within the affected person's body. If you want to fight this hassle, affected person warming systems are used on the side of radiation remedy and chemotherapy.
Similarly, increasing occurrence of coronary heart assault and stroke is also considered as a full-size motive force impacting the boom of the market. Throughout such times, the frame needs to be rather cooler to increase survival rate and permit regular mind functioning. Technological improvements are projected to grow the marketplace demand because of the creation of new temperature control systems, such as surface pads, blankets, and head caps.
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A larger range of conferences around the temperature management market has been prepared within the past few years. Players in this marketplace are focusing on growing portable temperature management structures to boom its adoption throughout emergencies. As an example, in October 2012, Welkins, LLC, acquired FDA popularity of its EMT and ICU temperature management structures. Improvement of such transportable devices is in all likelihood to increase the adoption of affected person temperature
control structures at ambulatory sites.
The market for patient temperature management will witness persisted dominance by North America, ordinarily pushed with the aid of growing prevalence of CVDs and increasing cases of worried problems.
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Major companies in the Temperature Management market are 3M Company (U.S.), Smiths Medical (U.K.), Medtronic plc (Ireland), C.R. Bard Inc. (U.S.), Cincinnati Sub-Zero Products, Inc. (U.S.), Geratherm Medical AG (Germany), Inspiration Healthcare Group plc, (U.K.), Stryker Corporation (U.S.), The 37Company (Netherlands), ZOLL Medical Corporation (U.S.), GE Healthcare (U.S.), Becton, Dickinson and Company (U.S.), DRÄGERWERK AG & CO. KGAA (Germany), and Ecolab (U.S.)
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