Patient Warming Devices Market to Expand with Significant CAGR by 2024
According to a new report published by Transparency Market Research (TMR), the vendor landscape of the global patient warming devices is extremely competitive. Companies within the market are striving to add new products to their portfolio by forming strategic alliances with other companies. Companies are also extending partnerships and collaborations with other companies in order to expand their geographical reach.
Read Report Overview – https://www.transparencymarketresearch.com/patient-warming-devices-market.html
TMR recommends that players within the global patient warming devices could benefit considerably if they were to focus more on product differentiation. Leading players within the global patient warming devices market are 3M Health Care, Inspiration Healthcare (INDITHERM), C. R. Bard, Inc., ZOLL Medical Corporation, Smiths Medical, Medtronic plc, Stryker Corporation, GE Healthcare, and Philips Healthcare.
According to TMR, the global patient warming devices market will be worth US$2.78 bn by the end of 2024. On the basis of geography, North America is expected to continue to lead in the market, followed by Europe. However, it is Asia Pacific which is estimated to exhibit the fastest CAGR during the forecast period. By product, it is expected that surface warming system will witness high demand.
Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7877
On the basis of application, acute care is gaining immense traction while the perioperative care segment is leading. As there is a rise in the incidence of illnesses and disorders which require surgical intervention that is often accompanied by hypothermia, it is anticipated that the perioperative care segment will witness a high-growth in the patient warming devices market.
Increasing Number of Patients Undergoing Surgical Procedures Creating a Heightened Demand for Patient Warming Devices
According to the lead author of this report, “the rising need for managing body temperature of patients who undergo surgical procedures which involves the use of anaesthesia is behind for patient warming devices.” As patients after a surgery experience a drastic drop in their body temperature on account of the use of anaesthesia, there is a requirement for patient warming devices. Also, the rise in the incidences of chronic diseases will favour the growth of the global patient warming devices market. In addition to this, the rising prevalence of cardiovascular conditions as well as oncological conditions will drive the demand for these devices for the as the usually leads to surgical interventions.
Request for Analysis of COVID-19 Impact on Patient Warming Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=7877
Rising Incidences of Premature Births to Bolster Growth
Another important factor which is expected to fuel the demand for patient warming devices is the rising rate of premature births as well as the growing number of neonates. An increase in the number of geriatric population who are more vulnerable to various chronic disorders will also be a factor which is responsible for the growth of this market.
An increasing incidence of musculoskeletal disorders on account of sedentary lifestyle and long hours spent in offices will also create a favourable environment for the growth of this market, said a TMR analyst.
Buy Patient Warming Devices Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=7877<ype=S
Side Effects Associated with Use of Patient Warming Devices to Discourage Use
The report not only discusses the various factors boosting the growth of this market but also discusses the various factors which are expected to act as challenge. The implementation of patient warming devices can pose risk of serious side effects invasive nature. This is expected to discourage their use to some extent. The high excise duties imposed on patient warming devices will also pose a challenge.
More Trending Reports by Transparency Market Research –
Ophthalmic Surgical Technologies Market: https://www.biospace.com/article/ophthalmic-surgical-technologies-market-femtosecond-systems-likely-to-dominate-the-market/
Read our Case study at https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up
About Us
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
