Title: Temperature Management Market - Global Forecasts & Trends to 2019
1MarketsandMarkets Presents
- Point-Of-Care Diagnostics / Testing Market-
Global Forecast to 2018 -
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2- The global temperature management market is
estimated to grow at a CAGR of 2.4 in the
forecast period. Development of technologically
advanced intravascular systems, increasing
prevalence of cancer and cardiovascular disease,
rapidly aging population, and increasing adoption
of temperature management systems are key factors
fuelling growth of the market. However,
unfavorable healthcare reforms in the U.S. market
and product recalls are some of the key
restraints hampering the market. Furthermore,
increasing trend of bulk purchasing through a
number of organizations, including GPOs (Group
Purchasing Organizations) and IHNs (Integrated
Health Networks) are intensifying the price
pressure on market players. -
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- http//www.marketsandmarkets.com/Market-Reports/te
mperature-management-market-141546773.html - Emerging markets, including China, India, Brazil,
and Mexico are the new revenue pockets for
companies that are engaged in the development and
marketing of patient warming and cooling systems.
Growing patient population, government
initiatives for the modernization of healthcare
systems along with the supportive regulatory
environment, and rising trends of medical tourism
in these countries owing to low-cost surgeries
are key factors propelling demand for temperature
management systems in the emerging markets.
4- Agreements, partnerships, and joint ventures, and
new product launches are the key strategies
adopted by the major players to develop their
position in the global patient temperature
management market. Moreover, strategies such as
expansions and strategic acquisitions were also
adopted by a significant number of market players
to strengthen their product portfolio and expand
their geographic presence in the market. - 3M Company (U.S.), C.R. Bard, Inc. (U.S.),
Cincinnati Sub-Zero Products Inc. (U.S.),
Covidien Plc (Ireland), Geratherm Medical AG
(Germany), Inditherm Plc (U.K.), Koninklijke
Philips N.V. (The Netherlands), Smiths Group Plc
(U.S.), Stryker Corporation (U.S.), and ZOLL
Medical Corporation (U.S.) are the key players
operating in the global temperature management
market.
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