Europe Temperature Management Market: Sales, Revenue, Gross Margin Analysis 2021 | Market Data Forecast
According to the report Europe Temperature
Management Market, published by Market Data Forecast, the market is projected
to reach USD 810 million by 2021, at a CAGR of 2.7% from 2016 to 2021.
Temperature Management are pharmaceutical
drug products which are semi synthesized from biological sources. Unlike
completely synthesized pharmaceuticals, they contain several biological
components such as blood and its components, somatic cells, tissues and
recombinant therapeutic proteins. The biological sources include animals,
humans, plants and microorganisms. Proteins and nucleic acids which are
genetically modified are also used to synthesize these drugs.
These drugs are generally used when no other
type of treatment or medicines fail to treat the disease or condition. Drugs
which are synthesized using cells or tissue engineering, gene therapy and
somatic cell therapy are also known as advanced therapy medicinal products by
the European medicines Agency (EMA). Temperature Management produced by
recombinant DNA techniques are widely used for immunosuppression or aiding the
immune system to fight infections.
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Europe
Temperature Management Market: Drivers and Restraints
Growing geriatric population who are
subjected to neurodegenerative and auto immune disorders provide a strong
population base for the manufacturers. Increase in demand for Temperature
Management due to rising prevalence of chronic diseases whose treatment gives
better results with the use of these drugs. Side effects resulted due to the
over consumption of drugs and high manufacturing costs are inhibiting the
growth of the market.
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Europe
Temperature Management Market: Segmentation
By Product:
·
Patient Warming Systems
o
Surface Warming Systems
·
Convective Warming Systems
·
Conductive Warming Systems
o
Intravascular Warming Systems
o
Warming Accessories
·
Patient Cooling Systems
o
Surface Cooling Systems
o
Intravascular Cooling Systems
o
Cooling Accessories
By Application
·
Perioperative Care
o
Operating Rooms
o
Recovery Rooms
o
Preoperative Care Units
·
Acute Care
o
Intensive Care Units
o
Emergency Rooms
o
Coronary Care Units
o
Neurological Care Units
o
Burn Centers
o
Cath Labs
·
Military Applications
·
Newborn Care
o
Delivery Suites
o
Neonatal Intensive Care Units
o
Postnatal Wards
·
Physiotherapy
·
Medical/Surgical Units
·
Patient Transport
·
Chemotherapy
·
Other Applications
By Medical Specialty
·
General Surgery
·
Cardiology
·
Neurology
·
Pediatrics
·
Thoracic Surgery
·
Orthopedics
·
Other Medical Specialties
By End User
·
Surgeons and Anesthesiologists
·
Nursing Staff
·
Paramedical Staff
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Europe
Temperature Management Market: Overview
Based on product type, Monoclonal Antibodies are
expected to be the largest market segment. It is because they are custom
designed antibodies designed to fight off any particular substance or organism
in the body. However, the treatment is very costly. Based on therapeutic
application, Oncology is the largest segment in the Temperature Management
market. It is due to the high prevalence of cancer in this region. The
Temperature Management manufacturers have many challenges. They need to have a
constant supply of donors of biological components and the manufacturing
process involves high costs.
Europe
Temperature Management Market: Region-wise Outlook
Based on geography, the market is analyzed
under various regions namely, Germany, Italy, France, U.K and Spain. Europe is
second largest in terms of market share. The rising trend of medical tourism in
Hungary and Poland, cheaper surgical treatments are primary factors alluring
patients from North America to travel to European countries for undergoing
elective surgical procedures. These are primarily contributing to the
development of the European Temperature Management Market.
Europe
Temperature Management Market: Key Players
Major companies in the
Temperature Management market are 3M Company (U.S.), Smiths Medical (U.K.),
Medtronic plc (Ireland), C.R. Bard Inc. (U.S.), Cincinnati Sub-Zero Products,
Inc. (U.S.), Geratherm Medical AG (Germany), Inspiration Healthcare Group plc,
(U.K.), Stryker Corporation (U.S.), The 37Company (Netherlands), ZOLL Medical
Corporation (U.S.), GE Healthcare (U.S.), Becton, Dickinson and Company (U.S.),
DRÄGERWERK AG & CO. KGAA (Germany), and Ecolab (U.S.).
Reasons to buy Europe Temperature Management Market
Report:
·
Regional
and country-level analysis and forecasts of the study market; providing
Insights on the geographical areas in which this industry is prospering
·
Segment-level
analysis on basis of product type, application, colour along with market size
forecasts and y-o-y estimations to detect key areas of industry growth in
detail
·
Identification
of key drivers, restraints, opportunities, and challenges (DROC) in the market
and their impact on shifting market dynamics
·
Study of
macro and micro environmental factors that affect the market presented in an
extensive strategic analyses section containing PESTLE and Porter’s Five Forces
Analyses
·
A
comprehensive listing of key market players along with company overview,
product portfolios, key financial information (subjected to availability), SWOT
analysis and Analyst overview to study and sustain the market environment
·
Competitive
landscape analysis listing out the mergers, acquisitions, collaborations in the
field along with new product launches, comparative financial studies and recent
developments in the market by the major companies
·
Expertly
devised Market Outlook along with Investment opportunities to provide both
individuals and organizations a strong financial foothold in the market.
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