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Europe Temperature Management Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product, Application, and Medical Indication

Europe Temperature Management Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product, Application, and Medical Indication

  • July 2021
  • 169 pages
  • ID: 6134311
  • Format: PDF
  • The Insight Partners

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The temperature management systems market in Europe is expected to grow from US$ 691.25 million in 2021 to US$ 958.56 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

Healthcare system across the region is observing massive growth in the prevalence of infectious diseases.Additionally, the prevalence of chronic conditions such as cancer, diabetes, and cardiovascular disorders is witnessing a rise across the region.

This increase in prevalence of infectious and chronic conditions is projected to drive the adoption of temperature management systems, which will eventually accelerate the market growth.There has been an increase in chronic conditions, such as strokes, cardiac arrests, and neurological diseases such as traumatic brain injury.

Several research studies indicate that survivors of cardiac arrests can suffer from devastating neurological impairments.Temperature management devices are widely used in the prevention of neurological damage after cardiac arrests.

In addition, the use of mild therapeutic hypothermia is considered to improve neurological outcomes after cardiopulmonary resuscitation. Thus, the increasing incidence of chronic diseases is expected to drive the demand for temperature management systems.

The perioperative care segment led the Europe temperature management systems market based on product in 2020.Perioperative care refers to the care given to patients before and after a particular surgery.

Perioperative care takes place in surgical centers associated with the hospitals, freestanding surgical centers, or health care provider’s offices.Body temperature is a vital sign and is tightly regulated for normal physiological functioning.

Intraoperative inadvertent changes in the bodies are quite common.However, temperature fluctuations in the body may lead to harmful physiological consequences adversely affecting the patient’s condition.

Thus, temperature management systems play a vital role in modulating the temperature of patient’s system during the surgical procedure after giving anesthesia. The rising number of surgical procedures and increasing importance of thermoregulation in operation rooms is likely to account for the growth of the perioperative care segment during the coming years.

The European region is highly affected by the outbreak of the COVID-19 pandemic.Countries like Italy, Spain, the UK, Germany, France, and other European counties such as Russia, Switzerland are highly affected.

Most of the deaths were registered in these countries in the initial phases of the pandemic onset.The EU countries even faced the second wave of the pandemic.

Therefore, to control the spread of coronavirus, governments of various countries have implemented lockdown.Additionally, In UK, the practice of cardiovascular and neurological surgeries has been changed.

Increasing COVID-19 has impacted the treatment of diseases, due to the diversification of the medical work force and decision to focus on treating the critically ill. Thus, the reducing volumes of surgeries performed on patients due to threat of transmission of COVID-19 among various countries of Europe is likely to slow down the growth of the temperature management systems market.

The overall Europe temperature management systems market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the Europe temperature management systems market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe temperature management systems market. 3M, BD, Dragerwerk AG & Co. KGaA, Ecolab, GENTHERM, Geratherm Medical AG, Inspiration Healthcare Group plc, Smiths Medical, Stryker Corporation, and ZOLL MEDICAL CORPORATION are among a few players operating in the Europe temperature management systems market.

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