The Patient Temperature Monitoring Market research reports 2023-2030. A detailed study accumulated to offer the Latest insights about acute features of the Global Patient Temperature Monitoring market. This report provides a detailed overview of key factors in the Patient Temperature Monitoring Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. This report elaborates on the market size, revenue, and growth of the Patient Temperature Monitoring industry, and breaks it down according to the type, application, and consumption area of Patient Temperature Monitoring. The report also conducted a PESTEL analysis of the industry to study the industry’s main influencing factors and entry barriers.
The global Patient Temperature Monitoring Market size was estimated at USD 3.9 billion in 2022 and is expected to hit around USD 6.8 billion by 2030, anticipated to grow at a CAGR of 6.37% from 2023 to 2030.
Some of the key players profiled in the study are:
Masimo, Microlife, Koninklijke Philips N.V., Terumo Corporation, Microlife Corporation, 3M, American Diagnostic Corporation, Braun (Subsidiary of Procter & Gamble), Cardinal Health, Drägerwerk AG & Co. KGaA, Hill-Rom Holdings, Others
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Market Overview
Doctors can determine sudden illnesses, inflammation, infections, and immune system response by measuring a patient’s temperature. It also helps determine the nature of the issue and the efficacy of the treatment. Various non-invasive techniques and instruments are utilized to examine the mouth, ear, groin, rectum, and forehead, among other body parts. In contrast, assessments of a patient’s core temperature are typically obtained using invasive devices such as thermometers, probes, and electronic tablets.
Also, states and municipalities in numerous regions and countries are implementing reopening plans. Due to this, the demand for non-contact temperature assessment devices, which are used to monitor the temperature of different rooms without touching them, is increasing. These devices are utilized in schools, colleges, offices, shopping centers, supermarkets, restaurants, metro stations, and other public locations. These instruments are required to identify infectious diseases.
Market Segmentation
By Product
- Wearable Continuous Monitoring Sensors
- Smart Temperature Monitoring Patches
- Table-Top Temperature Monitoring Devices
- Handheld Temperature Monitoring Devices
- Invasive Temperature Monitoring Devices
By Site
- Non-invasive Temperature Monitoring
- Invasive Temperature Monitoring
By Application
- Anesthesia
- Hypothermia
- Blood Transfusion
- Pyrexia/Fever
- Others
By End User
- Hospitals & Clinics
- Nursing Facilities
- Home Care
- Ambulatory Care Centers
- Others
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Regional Insights
Also, the Asia-Pacific market was expected to have the highest (CAGR) over the time of the forecast. This growth will be caused by things like rising healthcare costs, the spread of infectious diseases, an aging population, and positive contributions from both the public and private sectors to the total healthcare infrastructure. The market for patient monitoring devices is also expected to be driven by the growth of ambulatory surgery centers and hospital infrastructure in the Asia-Pacific area.
The market is also likely to get a big boost from the fact that hospitals and ambulatory surgical centers (ASCs) have state-of-the-art medical facilities and that there are rules that encourage research and development of new monitoring technologies. The fact that there are a lot of factories in North America also helps the industry make more money.
Country-Level Break-Up:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Influence of the Patient Temperature Monitoring market report:
-Comprehensive assessment of all opportunities and risks in the Patient Temperature Monitoring market.
-Patient Temperature Monitoring market recent innovations and major events.
-Detailed study of business strategies for growth of the Patient Temperature Monitoring market-leading players.
-Conclusive study about the growth plot of the Patient Temperature Monitoring market for forthcoming years.
-In-depth understanding of Patient Temperature Monitoring market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Patient Temperature Monitoring market.
Reasons for Buying this Report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow.
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