Global Hypothermia Management Market: Market Outlook
Hypothermia management is treatment which maintain a particular body temperature in a patient for a certain duration of time to improve health of patient to recover stopped blood flow to the brain. Hypothermia management helps to decrease the risk of tissue injury due to lack of blood flow. Disruption in blood flow caused due to blockage of an artery and cardiac arrest.
Hypothermia management systems help in maintaining and regulating patients’ body temperature in recovery rooms, operation theatres, other hospital areas and intensive care units. Hypothermia management utilize thermodynamics and heat transfer to manage the temperature of patients in every hospital settings.
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Hypothermia management reduces risk of brain injury by decreasing the production of neurotransmitters like glutamate, reducing the brain’s oxygen demand and reducing free radicals that might damage the brain. To lowers the body temperature with the use of cooling helmets, cooling blankets, ice packs, cooling catheters and ice water lavage. Hypothermia management improves survival and brain function following resuscitation from cardiac arrest
Moreover, the global hypothermia management systems market is driven by affordable treatments and low-cost surgeries which are available in developed countries. Furthermore, increasing prevalence of chronic diseases as well as successive rise in the number of healthcare facilities will also boost the hypothermia management market growth. In addition to this favorable reimbursement scenarios may increase the adoption rate of hypothermia management systems. However, the high cost of hypothermia management systems are hampering the hypothermia management market growth. Despite of these challenges, hypothermia management market will grow continuously due to the increasing prevalence of cardiovascular disorders and rising geriatric population.
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What are the Key Trends Impacting Growth of the Global Hypothermia Management Market?
Every year large number of surgical procedures has been performed globally. According to Texas Heart Institute, approximately five lakhs coronary bypass procedures are performed every year. Administration of anesthesia requires continuous monitoring of patient’s body temperature during surgeries. In these consequence, hypothermia management systems are important to avoid any further intraoperative hypothermia. Utilization of hypothermia management systems to minimizing surgical complexity and associated discomfort to the patient. However, increase adaption of hypothermia management systems reduced the risk of inadvertent perioperative hypothermia during anesthesia and show significant impact on patients’ health outcome.
How is the Increasing prevalence of chronic disease driving the Demand for Hypothermia Management?
Rising incidence of chronic disease, such as cardiac arrests, strokes, traumatic brain injury and other neurological diseases. Moreover, patient with cardiac arrests can suffer from brain damage and other neurological impairments. Hypothermia management systems devices are extensively used to prevent brain damage after cardiac arrests.
The use management systems to improve neurological outcomes after cardiac arrests. Thus, the increasing incidence of chronic diseases is expected to drive the demand for hypothermia management systems. Moreover, rising geriatric population increase the prevalence of chronic diseases. This will fuel the adoption of hypothermia management system and boost market growth.
How is Upsurge in Adoption of hypothermia management system boost the Demand for Hypothermia Management?
Adoption of hypothermia management system increase amongst burn centers, Hospitals, surgical suites, emergency departments. Moreover, medical tourism sector is growing in developed as well as emerging economies is major factor accelerating the growth of hypothermia management market.
Moreover, demand for hypothermia management systems increase amongst physician Surgeons, paramedical staff and anesthesiologists will fuel the market growth. Advancements in hypothermia management technology and advanced end user facilities can boost the demand for hypothermia management systems over the forecast period. Furthermore, growing advance in healthcare facilities and rising healthcare spending in developed region will spur the market growth.
In addition, increasing number of healthcare centers, hospitals, ambulatory care units, emergency care centers and critical care centers will show significant adaption of hypothermia management systems and accessories over the next few years. Launch of multifunctional and innovative hypothermia management products is expected to fuel the product sales worldwide.
What are the Key Challenges that may Restrain Growth of the Global Hypothermia Management Market?
High cost associated with hypothermia management systems hamper the market growth. Even though Hypothermia management systems provide effective, safe, rapid management patient’s body temperature the price of accessories and systems is significantly higher. This can restrain the market growth of hypothermia management systems market. Moreover, higher cost of Hypothermia management systems lowers the adaption of system in developing region such as India, Brazil.
Key Segments of global Hypothermia Management Market Covered in the Report
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Based on product, the hypothermia management market has been segmented as
- Conventional Warming System
- Intravascular Warming System
- Surface Warming System
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Based on hypothermia, the hypothermia management market has been segmented as
- Acute hypothermia
- Chronic hypothermia
- Exhaustion hypothermia
- Perioperative hypothermia
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Based on Age group, the hypothermia management market has been segmented as
- Pediatrics
- Adults
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Based on end user, the hypothermia management market has been segmented as
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
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Based on the region, the hypothermia management market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Competitive Landscape
Key players operating in the global hypothermia management market include
- Attikouris Enterprises Ltd.
- MTRE Advanced Technologies Ltd.
- Stryker
- Becton
- Dickinson and Company
- ZOLL Medical Corporation
- GENTHERM.
- Belmont Medical Technologies
- 3M
- C.R. Bard, Inc
- Abb Ltd
- Deltatrack
- Fluke Corporation
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