2021 IAHCSMM Annual Conference & Expo: Boost Quality and Safety in SPD, OR & Beyond

Those who attend the 2021 IAHCSMM Annual Conference & Expo this October in Columbus, Ohio, will learn from some of the industry’s most renowned and respected experts in the field. Attendees will glean valuable information they can take back to their departments to drive better outcomes for their health care customers and patients who rely on clean, sterile and well-functioning instruments.

3 Questions to Help You Find the Right Anesthesia Machine for Your Facility

Before choosing a new anesthesia system for your practice, make sure you have a firm understanding of the features and specifications that will best suit your unique needs, making it a worthwhile investment for your facility.

Clarifying Scoring in Instrument Handling and Processing

As an infection preventionist (IP) working in the Standards Interpretation Group of the Joint Commission, an important function of my job is to answer infection prevention-related questions from health care organizations.

The Importance of Early Career Certification

In an increasingly demanding hiring market those now entering nursing, or committing to a specialty such as perioperative nursing, will maximize their opportunities with certification.

Temperature Management Market Weathers COVID-19

Temperature Management Market Weathers COVID-19

The temperature management market is projected to reach $3.2 billion by 2025, according to a report from MarketsandMarkets. Factors promoting market growth include an increasing global incidence of chronic conditions and the subsequent increase in the number of surgical procedures.

Globally, there has been an increase in the incidence of 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. 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 growing number of contracts and agreements between market players is also expected to offer a wide range of growth opportunities for market players during the forecast period.

Over the years, the number of companies offering temperature management systems has increased globally. Major market players are focusing on strengthening their product offerings, distribution networks, and geographic presence by entering into contracts and agreements with other established and emerging players in the market. This provides growth opportunities for emerging companies in the market.

However, the high cost of intravascular temperature management systems is restraining the growth of this market.

Intravascular temperature management systems provide rapid, safe, and effective management of the core body temperature of patients. However, the cost of these systems and accessories is significantly higher than that of noninvasive systems and accessories. This can restrain market growth.

The COVID-19 pandemic has resulted in significant disruption to business and economic activity globally and is expected to show short-term impacts on the temperature management product business, according to MarketsandMarkets. Temperature management products for perioperative care are expected to be impacted to some extent because of the postponement of elective surgeries caused by COVID-19 in 2020.

By type, the patient warming systems segment is divided into surface warming systems, intravascular warming systems, and warming accessories. The surface warming systems segment accounted for the largest share of the patient warming systems market in 2019, according to MarketsandMarkets.

Grand View Research reports that, “The global patient temperature management market size was valued at $2.64 billion in 2018 and is expected to witness attractive CAGR of 8.5% over the forecast period (through 2026).”

Patient cooling systems are anticipated to showcase lucrative growth over the forecast period, due to the rising number of cardiac surgeries and requirement of low temperature for eliminating the adverse neurologic outcomes and related brain trauma injuries, according to Grand View Research.



Submit a Comment

Your email address will not be published. Required fields are marked *