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(MoneyNewsWire.Net, April 23, 2018 ) 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
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: https://marketdataforecast.com/market-reports/europe-temperature-management-market-3117/customize-report
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.
Key Questions answered:
What is the competitive landscape and market share of major players in the Temperature Management market in Europe?
What are the views of medical professionals regarding the usage of Temperature Management?
What are the key, high growth markets that Temperature Management device manufacturers should expand into? Which market segments are growing the fastest?
What is the current and future for Temperature Management device market outlook in Europe? What trends are affecting the Europe market?
What are the challenges and restraints that have restricted widespread adoption of for Temperature Management devices in Europe?
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.), DRΔGERWERK 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 Porters 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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