Global Intravascular Warming Systems Market, By Application (Acute Care, Perioperative Care), Product Type (Insulated Intravenous Tubing, Connective Warming Tubing, Water Bath Warming System, Heat Block Warming System, Others), Medical Specialty (Cardiology, Neurology, Oncology, Orthopedics, General Surgery, Others) End User (Operating Rooms, ICUs, Emergency Rooms, Others) – Industry Trends and Forecast to 2029.
Intravascular Warming Systems Market Analysis and Size
Intravascular warming systems are steadily developing technology that promises to make medicine administration more efficient and less painful. The growth of the intravascular warming systems market is mainly due to the increasing prevalence of cardiovascular disease and the need for medical devices suitable for treatment. Intravascular temperature control systems are primarily used in cardiovascular surgery as post-cardiac arrest management. Adoption of intravascular temperature control systems is likely to increase in the coming years as the healthcare industry continues to grow and the need to have access to the highest quality medical devices. As the number of specialized hospitals and medical service centers offering advanced medical facilities grows, the intravascular temperature control system market can grow rapidly. Manufacturers and distributors of intravascular temperature control systems are adopting innovative manufacturing and marketing strategies to attract more end users in the coming years.
Data Bridge Market Research analyses that the intravascular warming systems market which was valued at USD 403.12 million in 2021, would rocket up to USD 809.16 million by 2029, and is expected to undergo a CAGR of 9.10% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Hypothermia can be caused by a variety of factors, including accidental exposure, medical disorders, or induced hypothermia as part of therapy. During vascular surgery, induced hypothermia is used for neurological protection, however a patient cannot stay below normal body temperature for an extended period of time without risk. As a result, rewarming patients is critical. Thus, in this regard, intravascular warming devices or systems are used to keep the patients warm, or normal body temperature, which can help patients recover more quickly. Rising adoption of these technologically advanced medical devices is surely helping boost the market growth and increase the intravascular warming systems market.
COVID-19 Impact on Global Intravascular Warming Systems Market
COVID19 is an unparalleled global public health emergency, affecting almost every industry, and long-term impacts are expected to impact industry growth during the forecast period. Continued innovation will drive the growth of the global intravascular warming systems market. In the post-pandemic era, most intravascular warming companies focus on urgency and consumer focus. Efforts to reduce costs in different value chain segments to sell products at competitive prices. In addition, long-term, continuous innovation and customer-oriented strategies associated with production modernization and expansion remain important success factors.
Global Intravascular Warming Systems Market Scope
The intravascular warming system market is segmented on the basis of application, product type, medical specialty and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Insulated Intravenous Tubing
- Connective Warming Tubing
- Water Bath Warming System
- Heat Block Warming System
- Acute Care
- Perioperative Care
- General Surgery
- Operating rooms
- Emergency rooms
Global Intravascular Warming Systems Market Regional Analysis/Insights
The intravascular warming systems market is analysed and market size insights and trends are provided by country, application, product type, medical specialty and end-user as referenced above.
The countries covered in the intravascular warming systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the intravascular warming systems market due to the well-developed health infrastructure, high incidence of hypothermia, and related mortality rates such as the percentage of total national health care costs. A large investment in U.S. hospital development is the patient's overall well-being.
Asia-Pacific is expected to proliferate throughout the forecast period 2022 to 2029 due to the increased percentage of surgeries and increased geriatric population.
Competitive Landscape and Global Intravascular Warming Systems Market Share Analysis
The intravascular warming systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intravascular warming systems market.
Some of the major players operating in the intravascular warming systems market are:
- 3M (U.S.)
- BD (U.S.)
- Geratherm Medical AG (Germany)
- Medtronic (Ireland)
- Smiths Medical (U.S.)
- Stryker (U.S.)
- ZOLL Medical Corporation (U.S.)
- Inspiration Healthcare Group plc (U.K.)
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Major TOC of the Report
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL INTRAVASCULAR WARMING SYSTEMS MARKET
7 GLOBAL INTRAVASCULAR WARMING SYSTEMS MARKET, BY INDUSTRY TYPE
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