Prevalence of cardiovascular diseases boosts the state of the market, and expected to grow with almost 4% CAGR in the near future; according to a research conducted by Kenneth Research

According to a study by Kenneth Research, maintenance of body temperature during any surgical procedure reduces the chances of infection and also prevents hyperthermia during or after the surgery. This increases the demand of this technology in the market, The market is expected to grow at and annual rate of almost 4% in the next 10 to 15 years.

During the period 2022-2030, the global intravascular temperature control market may grow at a compound annual growth rate of about 4%. Intravascular temperature control is a procedure that helps to reach and maintain a specific temperature. Check the patient’s body regularly. Mainly used for surgery, high temperature, low temperature, etc. In this treatment, a specific temperature is obtained by using an intravascular temperature control system. The system is used to inject hot or cold saline into the patient’s body through a catheter in a closed circuit. Maintaining the temperature prevents infection of the surgical site in patients undergoing surgery. Controlling intravascular temperature is also important to prevent hypothermia before and after surgery.

Major Market players:
3M (US), Smiths (UK), ZOLL Medical (US), The 37Company (Netherlands), Belmont Instrument (US), Biegler (Austria), and BD company (US).

The growth of this market is mainly driven by the increase in the prevalence of cardiovascular diseases. In addition, the increase in the number of surgical procedures performed around the world and the increasing acceptance of intravascular temperature management around the world have made a significant contribution to the growth of the market. However, the high cost of this equipment hinders the growth of the global market. On the contrary, the huge market potential of emerging underdeveloped economies is expected to provide lucrative opportunities during the forecast period.

The global intravascular temperature management market is divided by product, application, indication, end user and region. According to different products, the market is divided into systems and consumables. The consumables division accounted for the largest market share in 2017 and is expected to record the highest growth rate during the forecast period. According to different applications, the market is divided into preoperative care, surgical care, postoperative care, and critical/acute care. In 2017, the acute/critical care segment accounted for the largest market share, while the preoperative care segment is expected to record the highest growth rate during the forecast period.

According to different end users, the market is divided into surgery centers, emergency rooms, and outpatient surgery centers. The emergency department had the largest market share in 2017, and the outpatient surgery center department is expected to record the highest growth rate during the forecast period. According to different regions, we inspected North America, Europe, Asia-Pacific region and LAMEA’s global market.

North America had the largest market share in 2017, followed by Europe. On the other hand, due to an increase in disposable income and an increase in the prevalence of cardiovascular diseases, the Asia-Pacific region is expected to dominate the market during the period under review. The study provides an in-depth analysis of the global intravascular temperature management market and provides current trends and future estimates from 2017 to 2025 to clarify the upcoming investment areas. It provides the identification of factors that influence changes in market scenarios, the increase in opportunities, and the identification of key companies that can influence the market on a global and regional scale.

Main market regions:

The study on Intravascular temperature control market was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the Global intravascular temperature control market research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.

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