|
Home | Medical-Newswire.Com:
|
(Medical-NewsWire.com, November 03, 2015 ) Portland, OR --
The global temperature management market is estimated to grow at a CAGR of 2.4% from 2014 to 2019. Although mature markets such as the U.S., Germany, and U.K. hold larger shares in the temperature management market in 2014, the Asia-Pacific region is poised to grow at the highest CAGR of 3.4% in the next five years. Factors such as increasing government initiatives for modernization of healthcare infrastructure, growing number of hospitals and surgical centers, and rising focus of international and domestic players in the Asia-Pacific region are propelling growth in this market.
Read more details at: http://www.bigmarketresearch.com/report-enquiry/281222
Growth of the temperature management market is driven by factors such as rapidly aging population, increasing focus on the development of technologically advanced intravascular systems, rise in product approvals and new product launches, and geographical expansions of market players across the globe. However, factors such as unfavorable healthcare reforms in the U.S., product recalls, and high cost of temperature management systems are restraining the growth of this market. Moreover, emerging economies such as China, India, Brazil, and Mexico and contracts and agreements with the patient warming and cooling devices manufacturers and distributors are creating opportunities for growth of the temperature management market.
In this report, the global temperature management market has been segmented on the basis of product (patient warming and cooling systems), application (acute care, perioperative care, newborn care, and other applications [such as military, patient transport, physiotherapy, chemotherapy, and others]), and end user (surgeons and anesthesiologists, nursing staff, and paramedical staff). The patient warming systems market is estimated to account for the largest share of the global temperature management market in 2014, followed by the patient cooling systems market. Factors such as technological advancements, large volume of surgical procedures, and increasing adoption of warming systems during surgeries are stimulating the growth of the patient warming systems market.
Geographically, North America (comprising the U.S. and Canada) commands the largest share of 42.3% of the global temperature management market in 2014, followed by Europe. The North American temperature management market is primarily driven by various factors such as growth in aging population, increasing number of surgical centers, large volume of surgical procedures, and high adoption rate of technologically advanced devices in North American countries. However, stringent regulatory policies in the North American countries, unfavorable healthcare reforms in the U.S., and increasing trend of bulk purchasing through group purchasing organizations (GPOs) and integrated health networks (IHNs) constraints the growth of the temperature management market in this region.
The global temperature management market is highly competitive, with a large number of global and local players. As of 2013, the global temperature management market was dominated by 3M Company (U.S.), Covidien plc (Ireland), Smiths Group plc (U.S.), Stryker Corporation (U.S.), C.R. Bard, Inc. (U.S.), and ZOLL Medical Corporation (U.S.) which together accounted for ~80% of the market. Agreements, partnerships, and joint ventures; new product launches; geographical expansions; and strategic acquisitions are major strategies adopted by the market players to achieve growth in the temperature management market.
Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analysis such as industry analysis (industry trends, value chain analysis, supply chain analysis, pricing and cost analysis, and Porters five force model), market share analysis of top ten players, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the temperature management market, high-growth regions and countries and their respective drivers, restraints, challenges, and opportunities.
The global temperature management market report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The global temperature management market report provides insights on the following pointers:
• Market Penetration: Comprehensive information on patient warming and cooling systems offered by top 10 players in the temperature management market. The report analyzes the patent temperature management market by product, application, and end user across geographies
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the temperature management market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various patient warming and cooling devices across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the temperature management market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of leading players in the temperature management market
About Report: http://www.bigmarketresearch.com/temperature-management-mnm-market
Year End Discount upto 30%*
More details at: help@bigmarketresearch.com
Contact Details:
James Jordan
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
U.S. & Canada Toll Free: + 1-800-910-6452
International: + 1-503-894-6022
UK: + 44-845-528-1300
India: +91 20 66346070
Fax : +1 (855) 550-5975
Email: help@bigmarketresearch.com/ james@bigmarketresearch.com
Web: http://www.bigmarketresearch.com
Big Market Research
James Jordan
+ 15038946022
james@bigmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
