Loading...
0

Intravascular Temperature Management Market Expected to Reach $335,192 Thousand by 2025

 
 

quote Intravascular temperature management has gained a substantial market share in the recent years, due to rise in number of surgical procedures globally. In addition, increase in prevalence of cardiovascular disorders is another major factor, which in turn has fueled the growth in use of intravascular temperature management systems. Furthermore, untapped potential in the emerging markets in Asia-Pacific is anticipated to boost the market growth in future. quote

Pallavi Jaiswal
Senior Analyst, Healthcare Research at AMR.

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Intravascular Temperature Management Market, by Product, Application, Indication, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025," the market was valued at $261,556 thousand in 2017, and is projected to reach $335,192 thousand in 2025, registering a CAGR of 3.1% from 2018 to 2025.

Intravascular temperature management is a technique applied to reach and maintain proper temperature in a patients body in operation theaters, recovery rooms, and intensive care units. Intravascular temperature management is used to cool or warm the blood to maintain the body temperature, which facilitates health improvement and reduces the risk of surgical site infections. The technique is also used in patients with hyperthermia or hypothermia. The procedure involves a system that is used to infuse cold or hot saline in a patients body with the help of a closed network catheter.

The factors that drive the growth of the intravascular temperature management market include rise in number of surgical procedures performed across globe and surge in adoption of intravascular temperature management across the globe. In addition, rise in prevalence of cardiovascular disorders and increase in incidence of surgical site infections are the other factors fueling the market growth. However, high cost of intravascular temperature management devices is expected to impede the market growth. Conversely, untapped potential in the emerging economies is expected to provide lucrative opportunities during the forecast period.

The consumables segment accounted for the largest market share in 2017, owing to rise in number of surgical procedures performed across the globe. Furthermore, the consumables segment is expected to grow at the highest CAGR from 2018 to 2025 and is anticipated to remain dominant during the forecast period.

Based on application, the acute/critical care segment occupied the largest share in 2017 and is expected to provide lucrative growth opportunities during the forecast period.
Intravascular temperature management is in high demand in the emergency care units. However, the ambulatory surgical centers segment is expected to grow at a highest CAGR during the forecast period, due to increase in number of ambulatory surgical centers across the globe.

Key findings of the Intravascular Temperature Management Market:

  • The consumables segment accounted for more than two-thirds share of the global intravascular temperature management market in 2017.
  • The preoperative care segment is expected to grow at the highest CAGR from 2017 to 2025.
  • The non-sterile intravascular temperature management segment accounted for around one-fourth share of the global intravascular temperature management market in 2017.
  • Europe accounted for around one-fourth share of the global market in 2017.
  • LAMEA is expected to provide lucrative growth opportunities from 2017 to 2025.

North America was the leading revenue contributor to the global intravascular temperature management market in 2017 and is expected to maintain its dominance during the forecast period. This is attributed to high purchasing power and easy availability of devices in this region. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to increase in affordability and rise in healthcare expenditure.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Intravascular Temperature Management Market by Product (Systems and Consumables), Application (Preoperative Care, Operative Care, Post-operative Care, and Acute/Critical Care), Indication (Acute myocardial infarction (AMI), Stroke, Cardiac Arrest, Fever/Infection, and Other), and End User (Surgical Centers, Emergency Care Units, Ambulatory Surgical Centers, and Other) - Global Opportunity Analysis and Industry Forecast, 2017-2025 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Intravascular Temperature Management Market"
Purchase Enquiry