The Business Research Company published its Temperature Management Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Temperature Management market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the temperature management market’s segments-
1) By Product: Patient Warming Devices, Patient Cooling Devices
2) By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Others
3) By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Others.
View Complete Report: https://www.thebusinessresearchcompany.com/report/temperature-management-market-global-report-2020-30-covid-19-growth-and-change
Temperature Management Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global temperature management market is expected to decline from $2.19 billion in 2019 to $2.08 billion in 2020 at a compound annual growth rate (CAGR) of -5.2%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. Currently, many elective procedures, surgeries, and non-urgent visits have been postponed, prioritizing urgent and emergency visits and procedures. This has decreased the demand for patient temperature management systems. Also, due to the extended lockdown and closure of factories that manufacture the equipment, the production slowed down, thereby having a shortage in supply. The transportation restrictions and stringent government policies are further causing a downturn in the growth scale. The market is then expected to recover and reach $2.47 billion in 2023 at a CAGR of 5.9%.
Wearables are evolving at a rapid pace and are expected to be the new trend in the temperature management system market. Heat due to power consumption causes both circuit malfunctions and low-temperature burns to users. Therefore, researchers are proposing thermal management methods using wearable devices with higher performance. A wearable device is a patch that controls the temperature of the patient’s body as per the wearer’s preference.
Few Points From Table Of Content
1. Executive Summary
2. Temperature Management Market Characteristics
3. Temperature Management Market Size And Growth
4. Temperature Management Market Segmentation
5. Temperature Management Market Regional And Country Analysis
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25. Temperature Management Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Temperature Management Market
27. Temperature Management Market Trends And Strategies
28. Temperature Management Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Temperature Management Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 29: Draegerwerk AG & Co. KGaA Financial Performance
Table 30: Smiths Medical Financial Performance
Table 31: Stryker Corporation Financial Performance
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The Business Research Company’s latest report Temperature Management Global Market Report 2020 covers Temperature Management market drivers, Temperature Management market trends, Temperature Management market segments, Temperature Management market growth rate, Temperature Management market major players, and Temperature Management market size.
The report provides in-depth analysis of the impact of COVID-19 on the Temperature Management industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report: https://www.thebusinessresearchcompany.com/report/temperature-management-market-global-report-2020-30-covid-19-growth-and-changeTemperature Management Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=3244=smpThe global temperature management market is expected to decline from $2.19 billion in 2019 to $2.08 billion in 2020 at a compound annual growth rate (CAGR) of -5.2%.
The decline is mainly due to the COVID-19 outbreak and the measures to contain it.
This has decreased the demand for patient temperature management systems.
