Worldwide Patient Temperature Monitoring Market Expected to Reach USD 5.85 Billion by 2030, Growing at a CAGR of 6.4%

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Growing number of surgical procedures is a significant factor driving global patient temperature monitoring market revenue growth

Patient Temperature Monitoring Market Size – USD 3.34 Billion in 2021, Market Growth – at a CAGR of 6.4%”
— Emergen Research

VANCOUVER, BRITISH COLUMBIA, CANADA, June 15, 2023/EINPresswire.com/ -- The Latest research study released by Emergen Research on "Patient Temperature Monitoring Market" with 150+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that leads the market growth.

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.

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Wearable remote patient monitoring is gaining popularity among healthcare practitioners and systems all around the world. Outside of the traditional clinical context, new remote body temperature monitoring patches give healthcare practitioners a continuing stream of real-time patient data. These patches can detect fevers in patients for up to 72 hours, allowing clinicians to check temperature in both inpatient and outpatient settings. Patient Temperature Monitoring Market By Product, By Site (Non-Invasive and Invasive), By Application (Pyrexia, Hypothermia, Blood Transfusion and Anesthesia), By End-Use, and By Region Forecast to 2030.

Key Players Included in this 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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Some Key Highlights From the Report

On 14 June 2021, iWEECARE Co., Ltd. established Temp Pal Medical Pandemic Prevention Support Program in response to COVID-19 pandemic in Taiwan, which supports medical facilities in deploying a remote zero-touch temperature monitoring system.
The handheld temperature monitoring devices segment is expected to account for largest revenue share during the forecast period. This is attributed to these devices being non-invasive as well as non-traumatic, affordable, comfortable, simple, and easy to take a temperature measurement without establishing touch.
The North America market is expected to account for largest revenue share during the forecast period attributed primarily to increasing blood donation and transfusion and surgical operations undertaken. In addition, technological developments in Internet of Things (IoT) sensors, as well as increasing usage of wireless temperature measuring systems, are also driving market revenue growth.
Market Segmentation Analysis

Players can concentrate on high-growth regions and, if necessary, modify their business plan according to the research report. The Patient Temperature Monitoring Market is divided into a variety of categories, uses, and geographical areas. Players gain from the report's regional segmentation research since it offers pertinent data and insights into important geographic marketplaces.

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
COVID-19 Impact Analysis

The post-COVID-19 phase has undergone substantial change, and Patient Temperature Monitoring Market research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.

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Regional Outlook

We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Patient Temperature Monitoring Market research report's goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.

Key Reasons to Purchase Patient Temperature Monitoring Market Report

The reader will be in a position to comprehend and react to marketing strategies like using strengths and conducting a SWOT analysis.

The research looks into the dynamics of the target market and how the conflict between Russia and Ukraine has affected it.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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