Global Hypothermia Cap Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 5.1 % through 2020 to 2026, reaching nearly US$ XX Bn.
Global Hypothermia Cap Market Overview:
Hypothermia Cap or Cooling Cap is a medical device used to cool the scalp. Hypothermia Cap is made by using Silicone, Neoprene, and other synthetic materials and filled with coolants made by using ice. Hypothermia Cap helps in reducing the temperature at a fast rate and regulates the required temperature during treatment. Hypothermia Cap is used on a large scale during Chemotherapy to prevent or reduce hair loss.
Caps are used as a therapeutic device for preventing cerebral palsy in newborn babies suffering from neonatal encephalopathy. Hypothermia Caps are used to provide neuroprotection after a heart attack, stroke, and migraine attacks. Hypothermia caps are used to treat hair-related diseases like Alopecia. An increase in the number of people getting affected by cancer has resulted in the increased demand for Hypothermia Cap. The rising medical application of Hypothermia Cap and its important role in cancer treatment has resulted in the growth in the Global Hypothermia Cap Market.
Global Hypothermia Cap Market Dynamics:
A report by Dawn L. Hershman published on 14 Feb 2017 in the JAMA Health Forum states that Scalp Cooling devices are proven effective to reduce Alopecia that has resulted as an adverse effect of the chemotherapy. The scientific validation for the use of Scalp cooling devices has resulted in increased use of Hypothermia Cap by the Healthcare Industry.
A report by Lynn Weatherby published in the Journal of the advanced practitioner in oncology states that the use of Hypothermia Cap 30 minutes before the chemotherapy has resulted in a 59% higher rate of hair retention. This report has resulted in increased preference for Hypothermia Cap by cancer patients and is recommended strongly by medical practitioners.
A report by Christian Storm and others published in Springer Nature states that pre-hospital use of Hypothermia Cap provides a safe, effective, easily available, and inexpensive way to start therapeutic hypothermia after cardiac arrest. This has resulted in the increased purchase of Hypothermia Cap as a preliminary treatment device by people who are at risk of getting cardiac attacks.
On July 3, 2017, the US Food and Drug Administration Agency has cleared the expanded use of Hypothermia Cap to treat hair loss during chemotherapy manufactured by DigniCap Cooling System.
An increase in the number of people suffering from chemotherapy-induced Alopecia is the driving factor for the growth of the Global Hypothermia Cap Market.
Restraints:
Issues that arose after the use of Hypothermia Cap like Scalp edema and mild sinus is the major restraining factor here.
Global Hypothermia Cap Market Segment Analysis:
The Global Hypothermia Cap Market is segmented on the basis of
By Type, It is observed that more than 75% of Hypothermia Caps present in the market are manufactured by using Neoprene, Silicone, and Polyurethane. The demand for Hypothermia Cap applied with Glycerin has observed an increase of 2.1% in the US.
By Use, It is observed that more than 80% of Hypothermia Cap manufactured are consumed by people suffering from Alopecia or Chemotherapy-induced Alopecia. The use of Hypothermia Cap as a preliminary device to tackle cardiovascular diseases like stroke and cardiac arrest has resulted in a 7% increase in its sale. The use of Hypothermia Cap for preventing cerebral palsy in babies born with neonatal encephalopathy has resulted in a 5.1% increase in demand for it by Pediatric Medical practitioners.
By Application, It is observed that Medical Device Distributors working for-profit or non-profit organizations working in the organized healthcare sector have observed a 7% increase in demand for Hypothermia Cap. Hospitals with Oncology and Skincare departments that come under the organized sector have observed a 12% increase in demand for Hypothermia Cap. It is observed that Hospitals account for more than 75% of the revenue earned by the Global Hypothermia Cap Market.
Global Hypothermia Cap Market
To know about the Research Methodology :- Request Free Sample Report
A report by WHO states that more than 75% of people suffering from Cancer undergo Chemotherapy. Hair Loss that happens due to Chemotherapy has resulted in an 8.7% increase in demand for Hypothermia Cap by people suffering from cancer. Alopecia is a hair-related disease that results in the loss of hair on the scalp and body. An increase in the number of people suffering from natural or genetic-based Alopecia has resulted in a 3% increase in the demand for Hypothermia Cap. The use of Hypothermia Cap as a pre-medical therapeutic instrument for reducing the effects of Cardiac Arrest has resulted in a 9% increase in its sale in the region of the US and Europe.
An increase in demand for Hypothermia Caps for inhibiting stroke paralysis has resulted in a 4% increase in demand from people suffering from cardiovascular diseases. The preference for Hypothermia Cap to prevent cerebral palsy in babies born with neonatal encephalopathy has resulted in a 2.9% increase in sales to the Pediatric hospitals present in the US and Europe. Different medical issues that require cooling of scalp use Hypothermia Cap as per need.
Global Hypothermia Cap Market Regional Insights
Region-wise North America and Europe consume more than 48% of the Hypothermia Cap manufactured in the world and contribute to more than 55% of the total revenue earned by the Global Hypothermia Cap Market. An increase in the number of people suffering from cancer and stroke has resulted in a 6% increase in demand for Hypothermia Cap in North America. The preference for therapeutic devices for Alopecia has resulted in a 4.3% increase in sales of Hypothermia Cap in Europe.
The ever-rising population and increase in the number of people suffering from cancer in countries like China, Australia, and India have resulted in a 2.8% increase in demand for Hypothermia Cap in the Asia-Pacific. Lack of medical facilities and absence of medical infrastructure has resulted in low growth in South America. The Middle East and Africa’s region is showing a growth rate of 3%, the reason for which is the low spread of cancer in this region. The growth of the Hypothermia Cap Market in this region is concentrated more in Israel, Jordan, and Egypt.
The objective of the report is to present a comprehensive analysis of the global Hypothermia Cap market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Hypothermia Cap market dynamics, structure by analyzing the market segments and Project the global Hypothermia Cap market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Hypothermia Cap market make the report investor’s guide.
Global Hypothermia Cap Market Scope: Inquire before buying
Global Hypothermia Cap Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Hypothermia Cap Market Key Players
• Cincinnati Sub-Zero Products
• PAXMAN
• ALBOLAND
• Encompass Group, LLC
• Elasto-Gel
• Laguna Health Deutschland
• PLUS Safety
• Tunitex Creation SARL
• Gentherm
• Dignitana AB
• Dual Life Co., Ltd.
• Vencil Pharmaceuticals Ltd.
• Penguin Cold Caps
• Chinook Medical Gear, Inc.
• Trio Healthcare
ForMore Information Visit @: https://www.maximizemarketresearch.com/market-report/global-hypothermia-cap-market/107669/
ThisReport Is Submitted By: Maximize Market Research Company
Customization of the report:
Maximize Market Research provides freepersonalized of reports as per your demand. This report can be personalized tomeet your requirements. Get in touch with us and our sales team will guaranteeprovide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2Cresearch on 20,000 high growth emerging opportunities & technologies aswell as threats to the companies across the Healthcare, Pharmaceuticals,Electronics & Communications, Internet of Things, Food and Beverages,Aerospace and Defense and other manufacturing sectors.
