In-Depth Analysis of the Global Therapeutic Hypothermia Systems Market: 2024-2030 Forecasts
MarkNtel Advisors has recently released an in-depth study on the Therapeutic Hypothermia Systems Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
How big is the Keyword Industry?
The Global Therapeutic Hypothermia Systems Market size was valued at around USD 276 million in 2023 & is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.
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Who are the top players in the Therapeutic Hypothermia Systems Market?
- Asahi Kasei Corporation (Zoll Medical Corporation)
- Becton
- Dickinson and Company
- Gentherm Incorporated
- Stryker Corporation
- Belmont Medical Technologies
- International Biomedical Ltd.
- Em-Med
- Phoenix Medical Systems
- Life Recovery Systems
- Shenzhen Comen Medical Instruments Co., Ltd.
- Miracradle (Pluss Advanced Technologies Pvt. Ltd.)
- others
Global Therapeutic Hypothermia Systems Market Segmentation:
By Product
- Cooling Devices- Market Size & Forecast 2019-2030, (Usd Million)
- Cooling Catheters- Market Size & Forecast 2019-2030, (USD Million)
- Cool Caps- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Neurology- Market Size & Forecast 2019-2030, (USD Million)
- Cardiology- Market Size & Forecast 2019-2030, (USD Million)
- Neonatal Care- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
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Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the primary market drivers influencing the growth of Therapeutic Hypothermia Systems Market?
Global Therapeutic Hypothermia Systems Market Driver:
Surge in Cardiac Arrest Cases Driving Demand for Therapeutic Hypothermia Systems – There has been a rise in cases of cardiac arrest globally attributed to genetics, lifestyle choices, and certain medical conditions. Further, the presence of a large number of patients with cardiovascular diseases (CVDs) such as coronary artery disease, arrhythmia, etc., has positively impacted the therapeutic hypothermia systems market. According to the British Heart Foundation, globally, about 200 million patients, including 110 million men and 80 million women, are living with coronary heart disease. Further, in 2021, around 620 million people were living with heart and circulatory diseases across the world. This included 340 million in Asia & Australia, 100 million in Europe, 98 million in Africa & Middle East, and 48 million both in North and Latin America.
The risk of cardiac arrest increases tremendously when a person suffers from any cardiovascular problems. Hence, considering the large patient population pool with cardiovascular diseases across the world, the cases of cardiac arrest have also increased and have accelerated the demand for Therapeutic Hypothermia Systems that play a vital role in improving outcomes for patients following cardiac arrest. With that, the Therapeutic Hypothermia Systems Market is witnessing growth & development.
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Gain a Competitive Edge with Market Research Report
- The Global Therapeutic Hypothermia Systems Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
- Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
- The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
- Apart from market trends and projections, the Global Therapeutic Hypothermia Systems Market Report assists in assessing and mitigating risks associated with entering or operating in the market
- By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.
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