The Therapeutic Hypothermia Systems Market is Predict to reach USD 423.6 Million by 2030, at a CAGR of 5.7%

14-Feb-2024 | Report Format: Electronic (PDF)

Therapeutic Hypothermia Systems Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Therapeutic Hypothermia Systems Market size is expected to reach $423.6 million by 2030, rising at a market growth of 5.7% CAGR during the forecast period.

Innovations in patient-centric approaches focus on enhancing the overall experience of individuals undergoing therapeutic hypothermia. Strategies include the development of wearable cooling devices, virtual reality interventions, and patient engagement platforms that empower individuals to actively participate in their treatment journey. Virtual reality interventions are revolutionizing the patient experience during therapeutic hypothermia by immersing individuals in virtual environments that distract, relax, and engage. This innovative approach contributes to psychological well-being and complements the therapeutic goals of controlled cooling.

Efforts are underway to standardize therapeutic hypothermia protocols globally. International collaborations and consensus-building initiatives aim to establish standardized guidelines for temperature management in various clinical scenarios, fostering a more uniform and evidence-based approach to therapeutic hypothermia. Consensus-building initiatives serve as a cornerstone in establishing standardized therapeutic hypothermia protocols. These initiatives bring together experts, clinicians, researchers, and policymakers to deliberate on best practices, evidence-based interventions, and the latest advancements in temperature management.

The Neurology segment is generating highest revenue in the Global Therapeutic Hypothermia Systems Market, by Application in 2022; thereby, achieving a market value of $190.1 Million by 2030. Clinical trials and research studies have investigated the impact of controlled cooling on reducing secondary injuries, minimizing inflammation, and improving overall neurological outcomes. Positive findings in these studies contribute to the expansion of therapeutic hypothermia applications in neurology. Thus, the segment will expand rapidly in the coming years.

The Cooling Catheters segment is experiencing a CAGR of 5.9% during (2023 - 2030). Cooling catheters offer a precise and localized approach to therapeutic hypothermia. By directly cooling the blood within specific vessels, these catheters enable healthcare providers to achieve and maintain the desired target temperature more accurately. This precision is particularly valuable in critical care scenarios, such as post-cardiac arrest care, where maintaining strict temperature control is essential for optimal outcomes. Thus, these factors will lead to increased demand in the segment.

Full Report: https://www.kbvresearch.com/therapeutic-hypothermia-systems-market/

The North America region dominated the Global Therapeutic Hypothermia Systems Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $163.9 Million by 2030. The Europe region is anticipated to grow at a CAGR of 5.4% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 6.6% during (2023 - 2030).

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

Therapeutic Hypothermia Systems Market Report Segmentation

By Application

  • Neurology
  • Cardiology
  • Neonatal Care
  • Others

By Product

  • Cooling Devices
  • Cooling Catheters
  • Cool Caps

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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