Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Intravascular Temperature Management Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., April 11, 2023 /PRNewswire/ -- The global Intravascular Temperature Management Market is projected to grow at a CAGR of 3.35% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 320.73 Million in 2021 and is expected to reach USD 431.27 Million by the end of the forecast period.
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202 - Pages
126 – Tables
37 – Figures
Intravascular Temperature Management Market Sees Increased Demand Due to Rise in Cancer and Cardiovascular Diseases Cases
The global intravascular temperature management market is witnessing significant growth, driven by the increasing demand for systems that enable temperature management of a patient's body during surgeries or treatment. Intravascular temperature management systems use catheters connected to devices that regulate blood temperature, allowing for managing a specific temperature suitable for therapy. This system can also be used for infusion of hot or cold saline solution into the patient's body.
According to Verified Market Research experts, the rise in the number of cases of cancer and cardiovascular diseases is one of the primary drivers of growth in the intravascular temperature management market. In recent years, these diseases have become more prevalent, creating a higher demand for such systems. Managing the body's specific temperature is critical during surgeries, as it keeps infections away and improves the patient's chances of recovery.
The use of intravascular temperature management systems in cancer treatment has also increased significantly. The decline in body temperature can cause cancer cells to multiply, further worsening the patient's condition. The system can improve the survival rate of the patient and improve their brain function, making it an integral part of cancer treatment.
Some of the key players in the intravascular temperature management market include Smith Group plc, The Surgical Company BV, Belmont Instrument Corporation, Biegler GMBH, Stryker Corporation, Zoll Medical Corporation, Becton, and Medtronic plc.
To stay competitive in the market, companies are adopting strategies such as product benchmarking and SWOT analysis to improve their offerings and identify opportunities for growth. With the increasing demand for intravascular temperature management systems, the market is expected to see higher revenue in the coming years.
Based on the research, Verified Market Research® has segmented the global Intravascular Temperature Management Market into Medical Condition, Operative Care, Application, And Geography.
- Intravascular Temperature Management Market, by Medical Condition
- Traumatic Brain Injury
- Cardiac Arrest
- Stroke
- Myocardial Infarction
- Others
- Intravascular Temperature Management Market, by Operative Care
- Preoperative Care
- Operative Care
- Post-Operative Care
- Intravascular Temperature Management Market, by Application
- Perioperative Care
- Acute/Critical Care
- Intensive Care Units
- Coronary Care Units
- Neurological Care Units
- Intravascular Temperature Management Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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