Market Highlights:

The global patient temperature monitoring market is growing rapidly, witnessing huge demand. Moreover, the recent coronavirus epidemic is estimated to bring a heavy rise in market sales. The demand for advanced devices for remote monitoring of patient temperature is hiking due to social distancing norms imposed to control the spread of COVID 19.

Moreover, the latest patient temperature monitoring market trends, such as the adoption of wearable temperature sensors and remote monitoring technologies, is expected to escalate the market demand on furthered height.

The market held a Patient Temperature Monitoring Market Share value of USD 3,100 million and is projected to grow at a CAGR of 6.1% over the forecast period.

While unleashing its recent patient temperature monitoring market insights, MRFR states that the market size reached USD 3,100 MN. Rising prevalence of severely infectious diseases such as lower respiratory infections, diarrheal diseases, and tuberculosis creates enormous market demand. Additionally, increasing investments made in remote monitoring and sensor technologies accelerate market growth.

Segmentation:

By Product:

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

By Site:

Non-invasive Temperature Monitoring

Oral Temperature Monitoring

Axillary & Temporal Artery Temperature Monitoring

Tympanic Membrane Temperature Monitoring

Invasive Temperature Monitoring

Esophageal Temperature Monitoring

Nasopharynx Temperature Monitoring

Urinary Bladder Temperature Monitoring

Rectal 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 Analysis:

The Americas is the largest in the market owing to the improving research infrastructure in the region, coupled with the rising awareness among patients and physicians. It is currently exhibiting a highly lucrative growth rate due to an increased use of patient temperature monitoring devices for various applications. 

The European region is the second largest patient temperature monitoring market over the forecast period due to high acceptance of patient temperature monitoring in research & development along with the rising incidence of infectious diseases are also accountable for the growth of the patient temperature monitoring market.   

The Asia Pacific region is likely to develop at the uppermost CAGR for the patient temperature monitoring market in the years to come. Moreover, the rising diagnostic care services both at the hospitals and at community level are expected to influence the market in a positive way.

The Middle East and Africa accounts for the least market share due to low per capita income and lack of availability of well-trained healthcare professionals. 

Key Players:

Some of the key players in the global patient temperature monitoring market 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, and others.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/patient-temperature-monitoring-market-7253  

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