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Global Patient Warming Systems Market
Global Patient Warming Systems Market is projected to reach USD 3.58 Bn by 2026 from USD XX Bn in 2018, at a CAGR of XX% from 2018 to 2026.
Critically wounded and anesthetized patients often face the risk of hypothermia. Patient warming is an acute challenge in healthcare particularly for patients in need of surgical intervention. Patient warming systems assist in reducing the involuntary loss of body heat by achieving normothermia.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Expansion in the number of surgical interventions, the prevalence of cardiovascular diseases and escalating geriatric population are the key factors facilitating the growth of Global Patient Warming Systems Market. Technological innovation and growing awareness among both patients and caregivers will further magnify the market growth.
On the other side, being invasive in nature, the risk of severe side-effects due to the use of patient warming devices cannot be eliminated. Also high excise duties imposed on medical device manufacturers may act as a major challenge.
Among the considered device types, surface warming systems currently dominate the Global Patient Warming Systems Market and it is expected that the segment will continue to retain its dominance through the forecast period. Additionally, due to improving interventions for treating cardiovascular diseases, and neurological trauma, the growth of intravascular warming systems is anticipated to be the highest.
Hospitals are the substantial usage area for patient warming devices. Highest admissions and surgical interventions being carried out in hospitals and widest use of patient warming systems in inpatient and operation setting are the key factors that support the dominance of hospitals in this market.
The objective of the report is to present a comprehensive assessment projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Patient Warming Systems Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Patient Warming Systems Market.
Global Patient Warming Systems Market, By Product Type
• Intravascular Warming Systems
• Acute Care
• North America
• 3M Health Care Ltd.
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