Global Patient Temperature Monitoring Market, By Product (Wearable Continuous Monitoring Sensors, Smart Temperature Monitoring Patches, Table-Top Temperature Monitoring Devices, Handheld Temperature Monitoring Devices, Invasive Temperature Monitoring Devices), End-User (Hospital and Surgical Centers, Nursing Facilities, Home Care, Ambulatory Care Centers, Other End Users), Site (Non-Invasive Temperature Monitoring, Invasive Temperature Monitoring), Application (Pyrexia/Fever, Hypothermia, Blood Transfusion, Anaesthesia, Other Applications), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Patient Temperature Monitoring Market
Patient temperature monitoring market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 4.85% in the above-mentioned forecast period. Rising prevalence of infectious diseases drives the patient temperature monitoring market.
Patient temperature monitoring device is type of portable measurement equipment which autonomously records the temperature for a particular period of time. These monitors help in measuring a patient’s temperature during postoperative care, surgery, critical care, shock, sepsis and infections, treatment of hypothermia and hyperthermia, fertility and ovulation assessment, or in other cases where there is a need to continuously monitor the body temperature. This is usually used for gathering temperature data from various field conditions and monitoring the shipments in a cold chain.
Increasing geriatric and paediatric population is the vital factor escalating the market growth, also rising number of blood transfusion procedures, increasing awareness of continuous temperature monitoring, increasing demand for advanced temperature monitoring devices, increasing number of various surgical procedures and increasing constant innovations and technological developments in the industry are the major factors among others driving the patient temperature monitoring market. Moreover, rising technological advancements and modernization in the healthcare sector, rising research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for patient temperature monitoring market in the forecasted period of 2021-2028.
However, increased cost of advanced temperature monitoring devices in developing countries and lack of awareness on non-invasive and continuous monitoring in developing countries are the major factors among others which will obstruct the market growth, while rising issues related to the use of infrared and mercury thermometers and rising concerns related to rectal temperature monitoring will further challenge the growth of patient temperature monitoring market in the forecast period mentioned above.
This patient temperature monitoring market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on patient temperature monitoring market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Patient Temperature Monitoring Market Scope and Market Size
Patient temperature monitoring market is segmented on the basis of product, end-user, site and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the patient temperature monitoring market is segmented into wearable continuous monitoring sensors, smart temperature monitoring patches, table-top temperature monitoring devices, handheld temperature monitoring devices, and invasive temperature monitoring devices.
- Based on end-user, the patient temperature monitoring market is segmented into hospital and surgical centers, nursing facilities, home care, ambulatory care centers and other end users.
- Based on site, the patient temperature monitoring market is segmented into non-invasive temperature monitoring and invasive temperature monitoring. Non-invasive temperature monitoring has been further segmented into oral temperature monitoring, axillary and temporal artery temperature monitoring and tympanic membrane temperature monitoring. Invasive temperature monitoring has been further segmented into oesophageal temperature monitoring, nasopharynx temperature monitoring, urinary bladder temperature monitoring and rectal temperature monitoring.
- The patient temperature monitoring market is also segmented on the basis of application into pyrexia/fever, hypothermia, blood transfusion, anaesthesia and other applications.
Patient Temperature Monitoring Market Country Level Analysis
Patient temperature monitoring market is analysed and market size insights and trends are provided by country, product, end-user, site and application as referenced above.
The countries covered in the patient temperature monitoring market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the patient temperature monitoring market due to the rising demand for cosmetic surgeries, increasing pediatric population, rising incidence of infectious diseases, government efforts to increase access to elective surgeries, rising prevalence of lifestyle diseases, rising blood donations and transfusion cases, and improving healthcare infrastructure in this region.
The country section of the patient temperature monitoring market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Patient temperature monitoring market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for patient temperature monitoring market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the patient temperature monitoring market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Patient Temperature Monitoring Market Share Analysis
Patient temperature monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to patient temperature monitoring market.
The major players covered in the patient temperature monitoring market report are Cardinal Health, Koninklijke Philips N.V., Hill-Rom Services Inc., Drägerwerk AG & Co. KGaA, Terumo Medical Corporation, Masimo, Microlife Corporation, Procter & Gamble, Actherm Inc., American Diagnostic Corporation, Briggs Healthcare, HICKS, Medtronic, Sanomedics International Holdings Inc., Welch Allyn, Medium Healthcare, Cosinuss GmbH, Helen of Troy, Omron Healthcare, Inc., and BD among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.