- The global patient temperature monitoring market size is expected to reach USD 5.85 Billion in 2030 and register a steady revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. Growing population as well as increasing occurrence of infectious diseases is a major factor driving market revenue growth. The world's population is expected to grow by over 2 billion individuals during the next 30 years, from 8 billion presently to 9.7 billion in 2050, with a peak of around 10.4 billion in the mid-2080s. Foodborne diseases, notably Campylobacteriosis, have a huge impact, hence approximately one in ten individuals fall ill each year and 33 million healthy life years are lost. During the course of many infectious diseases, body generates fever. As a result of growing worldwide population and prevalence infectious illnesses, there is a greater need for accurate patient temperature monitoring.
- The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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- Competitive Terrain:
- The global Patient Temperature Monitoring industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
- The leading market contenders listed in the report are:
- Cardinal Health, Koninklijke Philips N.V., 3M, Drägerwerk AG & Co. KGaA, BD, OMRON Healthcare, Inc., Masimo, BRAUN GMBH Industrie-Elektronik, Terumo Corporation, and PAUL HARTMANN AG
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- Additional information offered by the report:
- Along with a complete overview of the global Patient Temperature Monitoring market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Patient Temperature Monitoring market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
- Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; 2019–2030)
- Wearable Continuous Monitoring Sensors
- Smart Temperature Monitoring Patches
- Table-Top Temperature Monitoring Devices
- Non–Invasive Vital Signs Monitoring Devices
- Continuous Core Body Temperature Monitoring Devices
- Handheld Temperature Monitoring Devices
- Mercury Thermometers
- Digital Thermometers
- Infrared Thermometers
- Invasive Temperature Monitoring Devices
- Site Outlook (Revenue, USD Billion; 2019–2030)
- Non-Invasive Temperature Monitoring Devices
- Oral Temperature Monitoring
- Axillary and Temporal Artery Temperature Monitoring
- Tympanic Membrane Temperature Monitoring
- Invasive Temperature Monitoring Devices
- Esophageal Temperature Monitoring
- Nasopharynx Temperature Monitoring
- Urinary Bladder Temperature Monitoring
- Rectal Temperature Monitoring
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Pyrexia
- Hypothermia
- Blood Transfusion
- Anesthesia
- Other applications
- Radical Highlights of the Patient Temperature Monitoring Market Report:
- Comprehensive overview of the Patient Temperature Monitoring market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Patient Temperature Monitoring market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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