DUBAI, UAE / ACCESSWIRE / October 6, 2020 / Future Market Insights (FMI) in its recent study on the localized temperature therapy products market is poised to expand at CAGR of about 6% over the projected period 2020-2030. As per the research, the sector will reflect substantial opportunity in localized neonatal therapy applications, and for sport injury treatments over the years to come.
“Aside from the higher demand for pain and injury management healthcare operations, the mounting number of premature births worldwide and the subsequent preterm birth complications, especially in developing economies will be a prime aspect encouraging the application of localized temperature therapy products for neonatal cures,” comments FMI analyst.
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Key Takeaways
Key Trends
Regional Analysis
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Competitive Landscape
Key companies identified in the global localized temperature therapy products market include Cardinal Health, Medtronic plc, Medline Industries Inc., Cincinnati Sub Zero, Pic Solution, B.u.W. Schmidt, Rapid Aid, Macon & Company Inc., Advanced Home Care, The Mentholatum Company, Life Wear Technologies, Adroit Medical Systems, Core Products International Inc., Kobayashi Pharmaceutical (H.K.) Co. Inc., and Carex Health Breg Inc.
Localized temperature therapy products market players are focusing on strategies to lessen the COVID-19 pandemic impact. As limitations on selective medical procedures impact industry expansions, there is larger focus on hypothermia and neonatal care prevention applications.
Players are increasingly putting resources in research & development efforts intended towards the integration of new technologies in their offerings, along with capacity expansions, mergers and strategic acquisitions on a worldwide level.
Cardinal Health launched the DEHP & latex free Argyle Infant Heel Warmer targeted for neonatal care. The company has also initiated a program for healthcare professionals for instance nurses on the application of localized temperature therapy as a feasible treatment choice.
Localized Temperature Therapy Products Market – Segmentation
Product Type
Area of Application
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Get Valuable Insights into the Localized Temperature Therapy Products Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global localized temperature therapy products market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the localized temperature therapy products market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.
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SOURCE: Future Market Insights
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https://www.accesswire.com/609294/Localized-Temperature-Therapy-Products-Market-to-Surpass-Market-Valuation-of-US-26-Bn-During-2020-2030-Says-Future-Market-Insights-in-New-Study
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