Australia Temperature Modulation Devices Market Size & Outlook
Australia temperature modulation devices, 2018-2030 (US$M)
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Australia temperature modulation devices highlights
- The Australia temperature modulation devices generated a revenue of USD 69.6 million in 2023 and is expected to reach USD 113.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 69.6 million |
| Market revenue in 2030 | USD 113.0 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global temperature modulation devices in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan temperature modulation devices is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 210.0 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia temperature modulation devices outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.01% in 2023. Horizon Databook has segmented the Australia temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The market for temperature modulation devices in Australia is experiencing significant growth, driven by several key factors. This expansion can be attributed to advancements in technology, an expanding patient base, and relatively weaker regulatory standards.
In September 2021, the Department of Health of the Australian government reported that cardiovascular illnesses are responsible for 27% of all fatalities in Australia.
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Target buyers of Australia temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into Australia temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia temperature modulation devices market size, by product, 2018-2030 (US$M)
Australia Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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