Therapeutic Hypothermia Systems Market $528.27 Million By 2032,CAGR: 7.1%

Therapeutic Hypothermia Systems Market Size Worth USD 528.27 Million By 2032 | CAGR: 7.1%


The global therapeutic hypothermia systems market size is expected to reach USD 528.27 Million by 2032, according to a new study by Polaris Market Research. The report “Therapeutic Hypothermia Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Cooling Catheters, Water Blankets, Cool Caps, Others); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global market for therapeutic hypothermia systems is expected to experience significant growth due to the rising incidence of cardiovascular conditions like myocardial infarction (MI) and cardiac arrest, which are among the leading causes of fatalities worldwide. The use of therapeutic hypothermia has been found to improve outcomes in patients with such conditions, making it a viable treatment option for clinicians and hospitals. Moreover, advances in medical technology and the development of new cooling methods have made therapeutic hypothermia more accessible and simpler to administer, leading to an increased demand for these systems.

Nevertheless, certain regions still face challenges in terms of the availability and accessibility of these systems, which is impeding market growth. Moreover, the high costs associated with acquiring and maintaining therapeutic hypothermia equipment may prove to be a hurdle for hospitals and clinics to invest in these systems. Despite these challenges, the global market for therapeutic hypothermia systems is expected to grow due to the increasing demand for effective cardiovascular disease treatments and the availability of these systems in emerging markets.

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The medical community's growing acceptance of therapeutic hypothermia treatment has resulted in greater demand for therapeutic hypothermia systems, which are designed to safely and effectively control the patient's body temperature during treatment. This demand is driven by mounting evidence of therapeutic hypothermia's benefits in treating conditions such as traumatic brain injury, stroke, cardiac arrest, and other critical care conditions.

Therapeutic Hypothermia Systems Market Report Highlights

  • The therapeutic hypothermia systems market is poised to witness significant growth in the water blankets segment during the projected period. This is attributed to the segment's versatility, cost-effectiveness, and ease of use.
  • The therapeutic hypothermia systems market was dominated by the neurology segment in 2023. This was due to the widespread application of hypothermia therapy in treating several neurological disorders, including stroke, traumatic brain injury, and spinal cord injury.
  • The global market for therapeutic hypothermia systems was dominated by the North American region in 2023. This was due to the high prevalence of cardiovascular diseases, such as myocardial infarction and cardiac arrest, which are major causes of mortality in the region.
  • The global key market players include Belmont Medical Technologies, BrainCool AB, Gentherm, ZOLL Medical Corporation, Becton, Dickinson and Company, Stryker, EM-MED, Life Recovery Systems, Drägerwerk AG & Co. KGaA, Terumo Cardiovascular Systems Corporation, PFM MEDICAL HICO GmBH, ASPEN SYSTEMS, Global Healthcare SG, etc.

Polaris Market Research has segmented the therapeutic hypothermia systems market report based on product, type of testing, technology, disease type, end user, and region:

Therapeutic Hypothermia Systems, Product Outlook (Revenue - USD Million, 2019 - 2032)

  • Cooling Catheters
  • Water Blankets
  • Cool Caps
  • Others

Therapeutic Hypothermia Systems, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Neurology
  • Cardiology
  • Neonatal Care
  • Others

Therapeutic Hypothermia Systems, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Therapeutic Hypothermia Systems Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 284.70 million

Revenue Forecast in 2032

USD 528.27 million

CAGR

7.1% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments Covered

By Product, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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