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Intravascular Temperature Management Market Challenges and New Trends

The global intravascular temperature management market was valued at $261,556 thousand in 2017 and is projected to reach $335,192 thousand at a CAGR of 3.1% from 2018 to 2025.

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Intravascular Temperature Management Market Challenges and New Trends

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  1. Intravascular Temperature Management Market

  2. 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. Get Sample Report

  3. The Intravascular Temperature Management 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.

  4. 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.

  5. 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.

  6. Key players profiled in the report include 3M Company, Asahi Kasei Corporation., Belmont Instrument Corporation., Biegler GmbH, Geratherm Medical AG, Smiths Group Plc., Stihler Electronic GmbH, The Surgical Company BV, and VYAIRE MEDICAL INC. Other players (these players are not profiled in the report and the same can be included on request) in the value chain include EMIT CORPORATION., Barkey GmbH & Co. KG, and Keewell Medical Technology Co. Ltd.

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