LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global patient temperature management systems market to grow at a CAGR close to 7% during the period 2018-2022, according to their latest report.
This market research report segments the global patient temperature management systems market into the following products (patient warming devices and patient cooling devices), applications (perioperative care, neonatal care, and acute care), end-users (ASCs, hospitals and clinics, and physician's offices), and key regions (the Americas, APAC, and EMEA).
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio analysts highlight the increasing number of surgical procedures as a key factor contributing to the growth of the global patient temperature management systems market:
Increasing number of surgical procedures
There has been an increase in the number of chronic diseases due to a sedentary lifestyle, environmental pollution, stress, excessive consumption of alcohol and tobacco, and unhealthy diets. Some of the common chronic diseases across the world are hypertension, CVDs, cancer, and orthopedic deformities. In 2017, in countries such as the US, around 28.6 million people visited hospitals and ASCs, and 53% of all surgical procedures were performed in hospitals and 47% were performed in ASCs. The most common procedures include orthopedic surgeries such as fracture fixation, knee replacement surgeries, knee arthroscopy, ophthalmology surgeries, nervous system surgeries, and excisions or destructions of tumors.
According to a senior analyst at Technavio for orthopedics and medical devices, “Hyperthermia is used to treat cancer as it can make some cancer cells more sensitive to radiation and can destroy cancer cells that radiation therapy cannot. In these conditions, patient temperature management systems are used. For example, heated anticancer drugs are administered by fluid warming systems through the peritoneal cavity to treat cancers of the stomach, liver, and intestines. In case of metastatic cancer, whole body hyperthermia is provided using patient warming systems. Hence, the increasing prevalence of such diseases will drive the growth of the market.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global patient temperature management systems market segmentation
Of the two major products, the patient warming devices segment held the largest market share in 2017, accounting for nearly 72% of the market. The market share for this product is expected to increase nearly 2% by 2022.
The Americas was the leading region for the global patient temperature management systems market in 2017, accounting for a market share of 46%. By 2022, APAC is expected to witness the highest growth of nearly 1%.
Technavio’s best deals of the month!
Celebrate Earth Day and clean energy with Technavio. Get 30% discount on all
Energy reports. Offer valid from 12th March - 18th March.
Get 20% off on all Media and Entertainment Services reports. Offer valid only till the 31st of March.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.