The North America Therapeutic Hypothermia Systems Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The market represents a frontier in medical intervention, harnessing the power of controlled cooling to mitigate the neurological and physiological impacts of critical conditions. Therapeutic hypothermia, also known as targeted temperature management (TTM), has evolved from a niche approach to a mainstream therapeutic strategy, gaining recognition for its potential to improve outcomes in various medical scenarios. This comprehensive exploration delves into the adoption trends, diverse applications, and the landscape of innovation that characterizes the dynamic market.
There has been a noticeable paradigm shift in the adoption of therapeutic hypothermia, moving from a relatively niche practice to a standard-of-care consideration in critical medical situations. Initially recognized for its efficacy in post-cardiac arrest scenarios, therapeutic hypothermia has found expanded applications across diverse medical disciplines, including neurology, neonatology, and trauma care. In the realm of neonatology, therapeutic hypothermia has become a standard intervention for infants with hypoxic-ischemic encephalopathy. The application of controlled cooling in the immediate postnatal period has shown substantial reductions in neurodevelopmental disabilities among newborns at risk of brain injury.
North America has seen a rise in the application of therapeutic hypothermia in post-cardiac arrest care. Furthermore, Mexico has witnessed a rising incidence of neurological disorders, including conditions such as ischemic strokes, traumatic brain injuries (TBIs), and other brain-related pathologies. The increasing burden of these disorders underscores the need for innovative and effective therapeutic interventions. Therapeutic hypothermia has demonstrated neuroprotective effects, particularly in the context of ischemic strokes. Inducing controlled cooling, therapeutic hypothermia mitigates secondary brain injury, reduces inflammation, and preserves neurological function. Thus, rising neurological disorders in North America are expected to boost the demand for therapeutic hypothermia systems in the region.
The US market dominated the North America Therapeutic Hypothermia Systems Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $117,424.3 Thousands by 2030. The Canada market is experiencing a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).
Free Valuable Insights: The Therapeutic Hypothermia Systems Market is Predict to reach USD 423.6 Million by 2030, at a CAGR of 5.7%
Based on Application, the market is segmented into Neurology, Cardiology, Neonatal Care, and Others. Based on Product, the market is segmented into Cooling Devices, Cooling Catheters, and Cool Caps. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Asahi Kasei Corporation
- Becton, Dickinson, and Company
- Gentherm Incorporated
- Stryker Corporation
- Belmont Medical Technologies(Audax Management Company, LLC)
- EM-MED Sp. z o.o. Sp. K.
- International Biomedical Ltd.
- Phoenix Medical Systems Pvt. Ltd.
- Shenzhen Comen Medical Instruments Co., Ltd.
- Terumo Corporation
North America Therapeutic Hypothermia Systems Market Report Segmentation
By Application
- Neurology
- Cardiology
- Neonatal Care
- Others
By Product
- Cooling Devices
- Cooling Catheters
- Cool Caps
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Therapeutic Hypothermia Systems Market, by Application
1.4.2 North America Therapeutic Hypothermia Systems Market, by Product
1.4.3 North America Therapeutic Hypothermia Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in the Therapeutic Hypothermia Systems Market
4.3 Porter’s Five Forces Analysis
Chapter 5. North America Therapeutic Hypothermia Systems Market, by Application
5.1 North America Neurology Market, by Country
5.2 North America Cardiology Market, by Country
5.3 North America Neonatal Care Market, by Country
5.4 North America Others Market, by Country
Chapter 6. North America Therapeutic Hypothermia Systems Market, by Product
6.1 North America Cooling Devices Market, by Country
6.2 North America Cooling Catheters Market, by Country
6.3 North America Cool Caps Market, by Country
Chapter 7. North America Therapeutic Hypothermia Systems Market, by Country
7.1 US Therapeutic Hypothermia Systems Market
7.1.1 US Therapeutic Hypothermia Systems Market, by Application
7.1.2 US Therapeutic Hypothermia Systems Market, by Product
7.2 Canada Therapeutic Hypothermia Systems Market
7.2.1 Canada Therapeutic Hypothermia Systems Market, by Application
7.2.2 Canada Therapeutic Hypothermia Systems Market, by Product
7.3 Mexico Therapeutic Hypothermia Systems Market
7.3.1 Mexico Therapeutic Hypothermia Systems Market, by Application
7.3.2 Mexico Therapeutic Hypothermia Systems Market, by Product
7.4 Rest of North America Therapeutic Hypothermia Systems Market
7.4.1 Rest of North America Therapeutic Hypothermia Systems Market, by Application
7.4.2 Rest of North America Therapeutic Hypothermia Systems Market, by Product
Chapter 8. Company Profiles
8.1 Asahi Kasei Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Becton, Dickinson, and Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Gentherm Incorporated
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Stryker Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Belmont Medical Technologies (Audax Management Company, LLC.)
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 EM-MED Sp. z o.o. Sp. K.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 International Biomedical Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Phoenix Medical Systems Pvt. Ltd.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Shenzhen Comen Medical Instruments Co., Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Terumo Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.5.2 Acquisition and Mergers:
8.10.6 SWOT Analysis
Chapter 9. Winning Imperatives of Therapeutic Hypothermia Systems Market
TABLE 1 North America Therapeutic Hypothermia Systems Market, 2019 - 2022, USD Thousands
TABLE 2 North America Therapeutic Hypothermia Systems Market, 2023 - 2030, USD Thousands
TABLE 3 North America Therapeutic Hypothermia Systems Market, by Application, 2019 - 2022, USD Thousands
TABLE 4 North America Therapeutic Hypothermia Systems Market, by Application, 2023 - 2030, USD Thousands
TABLE 5 North America Neurology Market, by Country, 2019 - 2022, USD Thousands
TABLE 6 North America Neurology Market, by Country, 2023 - 2030, USD Thousands
TABLE 7 North America Cardiology Market, by Country, 2019 - 2022, USD Thousands
TABLE 8 North America Cardiology Market, by Country, 2023 - 2030, USD Thousands
TABLE 9 North America Neonatal Care Market, by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Neonatal Care Market, by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 12 North America Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 13 North America Therapeutic Hypothermia Systems Market, by Product, 2019 - 2022, USD Thousands
TABLE 14 North America Therapeutic Hypothermia Systems Market, by Product, 2023 - 2030, USD Thousands
TABLE 15 North America Cooling Devices Market, by Country, 2019 - 2022, USD Thousands
TABLE 16 North America Cooling Devices Market, by Country, 2023 - 2030, USD Thousands
TABLE 17 North America Cooling Catheters Market, by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Cooling Catheters Market, by Country, 2023 - 2030, USD Thousands
TABLE 19 North America Cool Caps Market, by Country, 2019 - 2022, USD Thousands
TABLE 20 North America Cool Caps Market, by Country, 2023 - 2030, USD Thousands
TABLE 21 North America Therapeutic Hypothermia Systems Market, by Country, 2019 - 2022, USD Thousands
TABLE 22 North America Therapeutic Hypothermia Systems Market, by Country, 2023 - 2030, USD Thousands
TABLE 23 US Therapeutic Hypothermia Systems Market, 2019 - 2022, USD Thousands
TABLE 24 US Therapeutic Hypothermia Systems Market, 2023 - 2030, USD Thousands
TABLE 25 US Therapeutic Hypothermia Systems Market, by Application, 2019 - 2022, USD Thousands
TABLE 26 US Therapeutic Hypothermia Systems Market, by Application, 2023 - 2030, USD Thousands
TABLE 27 US Therapeutic Hypothermia Systems Market, by Product, 2019 - 2022, USD Thousands
TABLE 28 US Therapeutic Hypothermia Systems Market, by Product, 2023 - 2030, USD Thousands
TABLE 29 Canada Therapeutic Hypothermia Systems Market, 2019 - 2022, USD Thousands
TABLE 30 Canada Therapeutic Hypothermia Systems Market, 2023 - 2030, USD Thousands
TABLE 31 Canada Therapeutic Hypothermia Systems Market, by Application, 2019 - 2022, USD Thousands
TABLE 32 Canada Therapeutic Hypothermia Systems Market, by Application, 2023 - 2030, USD Thousands
TABLE 33 Canada Therapeutic Hypothermia Systems Market, by Product, 2019 - 2022, USD Thousands
TABLE 34 Canada Therapeutic Hypothermia Systems Market, by Product, 2023 - 2030, USD Thousands
TABLE 35 Mexico Therapeutic Hypothermia Systems Market, 2019 - 2022, USD Thousands
TABLE 36 Mexico Therapeutic Hypothermia Systems Market, 2023 - 2030, USD Thousands
TABLE 37 Mexico Therapeutic Hypothermia Systems Market, by Application, 2019 - 2022, USD Thousands
TABLE 38 Mexico Therapeutic Hypothermia Systems Market, by Application, 2023 - 2030, USD Thousands
TABLE 39 Mexico Therapeutic Hypothermia Systems Market, by Product, 2019 - 2022, USD Thousands
TABLE 40 Mexico Therapeutic Hypothermia Systems Market, by Product, 2023 - 2030, USD Thousands
TABLE 41 Rest of North America Therapeutic Hypothermia Systems Market, 2019 - 2022, USD Thousands
TABLE 42 Rest of North America Therapeutic Hypothermia Systems Market, 2023 - 2030, USD Thousands
TABLE 43 Rest of North America Therapeutic Hypothermia Systems Market, by Application, 2019 - 2022, USD Thousands
TABLE 44 Rest of North America Therapeutic Hypothermia Systems Market, by Application, 2023 - 2030, USD Thousands
TABLE 45 Rest of North America Therapeutic Hypothermia Systems Market, by Product, 2019 - 2022, USD Thousands
TABLE 46 Rest of North America Therapeutic Hypothermia Systems Market, by Product, 2023 - 2030, USD Thousands
TABLE 47 Key Information – Asahi Kasei Corporation
TABLE 48 Key Information – Becton, Dickinson and Company
TABLE 49 Key Information – Gentherm Incorporated
TABLE 50 Key Information – Stryker Corporation
TABLE 51 Key Information – Belmont Medical Technologies
TABLE 52 Key Information – EM-MED Sp. z o.o. Sp. K.
TABLE 53 Key Information – International Biomedical Ltd.
TABLE 54 Key Information – Phoenix Medical Systems Pvt Ltd.
TABLE 55 Key Information – Shenzhen Comen Medical Instruments Co., Ltd.
TABLE 56 Key Information – Terumo Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Therapeutic Hypothermia Systems Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Therapeutic Hypothermia Systems Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - Therapeutic Hypothermia Systems Market
FIG 6 North America Therapeutic Hypothermia Systems Market share, by Application, 2022
FIG 7 North America Therapeutic Hypothermia Systems Market share, by Application, 2030
FIG 8 North America Therapeutic Hypothermia Systems Market, by Application, 2019 - 2030, USD Thousands
FIG 9 North America Therapeutic Hypothermia Systems Market share, by Product, 2022
FIG 10 North America Therapeutic Hypothermia Systems Market share, by Product, 2030
FIG 11 North America Therapeutic Hypothermia Systems Market, by Product, 2019 - 2030, USD Thousands
FIG 12 North America Therapeutic Hypothermia Systems Market share, by Country, 2022
FIG 13 North America Therapeutic Hypothermia Systems Market share, by Country, 2030
FIG 14 North America Therapeutic Hypothermia Systems Market, by Country, 2019 - 2030, USD Thousands
FIG 15 SWOT Analysis: Asahi Kasei Corporation
FIG 16 SWOT Analysis: Becton, Dickinson and company
FIG 17 SWOT Analysis: Gentherm Incorporated
FIG 18 SWOT Analysis: Stryker Corporation
FIG 19 SWOT Analysis: Belmont Medical Technologies
FIG 20 SWOT Analysis: EM-MED Sp. z o.o. Sp. K.
FIG 21 SWOT Analysis: International Biomedical Ltd.
FIG 22 SWOT Analysis: Phoenix Medical Systems Pvt Ltd.
FIG 23 SWOT Analysis: SHENZHEN COMEN MEDICAL INSTRUMENTS CO., LTD.
FIG 24 SWOT Analysis: Terumo Corporation