Temperature Management Systems Market Analysis 2021, Size, Top Players with Share, Total Revenues, Product Scope, Business Development and Opportunities till 2030

In a recently published report, Temperature Management Systems Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Temperature Management Systems Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Temperature Management Systems Market is valued approximately at USD 2.4 billion in 2019 and is anticipated to grow with a growth rate of more than 5.1% over the forecast period 2020-2027. Temperature or thermal management system manages the temperature of a system with the help of heat transfer and thermodynamics. It aids in the regulation and maintenance of human body temperature of patients in recovery rooms, intensive care units, operation theatres, and other areas of hospitals. The rising number of surgical procedures and increase in the incidence of chronic conditions are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of new products and other strategic alliance by market key players will create a lucrative demand for this market.  For instance: on 23rd April 2017, Becton, Dickinson and Company acquired C. R. Bard, Inc, to establish the medical technology company uniquely positioned to improve both the process of care and the treatment of disease for patients and healthcare providers. This acquisition enables Becton, Dickinson and company entered into temperature management market. Whereas, high cost of intravascular temperature management systems is the major factor restraining the growth of global Temperature Management Systems  market during the forecast period.

The regional analysis of global Temperature Management Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the large volume of surgical procedures performed in North American countries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. 

Major market player included in this report are:
3M Company
Smiths Medical
Zoll Medical Corporation
Becton, Dickinson And Company
 Drägerwerk AG & Co. Kgaa
Ecolab
Ge Healthcare
Gentherm Incorporated
Geratherm Medical AG
Inspiration Healthcare Group Plcs
     

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
*  

by Product:
Patient Warming Systems
Patient Cooling Systems

by Application:
Perioperative Care
Acute Care
Newborn Care
Others


By End-User:
General Surgery
Cardiology
Neurology
Pediatrics
Thoracic Surgery
Orthopedic Surgery

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Temperature Management Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Temperature Management Systems Market, by Region, 2018-2027 (USD Billion)
1.2.2. Temperature Management Systems Market, by Product, 2018-2027 (USD Billion)
1.2.3. Temperature Management Systems Market, by Application, 2018-2027 (USD Billion)
1.2.4. Temperature Management Systems Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Temperature Management Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Temperature Management Systems Market Dynamics
3.1. Temperature Management Systems Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Temperature Management Systems Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Temperature Management Systems Market, by Product         
5.1. Market Snapshot
5.2. Global Temperature Management Systems Market by Product, Performance – Potential Analysis
5.3. Global Temperature Management Systems Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Temperature Management Systems Market, Sub Segment Analysis
5.4.1. Patient Warming Systems
5.4.2. Patient Cooling Systems

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