Patient Temperature Monitoring Market Research Report – Forecast till 2030

Patient Temperature Monitoring Market Research Report, By Product (Wearable Continuous Monitoring Sensors), Site (Non-invasive Temperature Monitoring), Application (Blood Transfusion, Anesthesia) End-User (Hospitals & Clinics) – Forecast Till 2030

ID: MRFR/HC/5786-HCR | 90 Pages | Published By Kinjoll Dey on March 2023         

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Patient Temperature Monitoring Market

The Patient Temperature Monitoring Market held a value of USD 3,775 million and is projected to grow at a CAGR of 6% over the forecast period 2022-2030

Segmentation
By Product Wearable Continuous Monitoring Sensors Smart Temperature Monitoring Patches Table-Top Temperature Monitoring Devices Handheld Temperature Monitoring Devices Others
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
Key Players
Companies Profiled   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
Drivers
Market Driving Forces   Augmenting demand for effective temperature monitoring devices
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Patient Temperature Monitoring Market Overview:


In addition, the patient temperature monitoring market is expected to rise at a CAGR of 6%, with a value of USD 3,775 million over the estimated forecast year of 2022-2030.


Body temperature monitoring enables healthcare professionals to assess acute illness, inflammation, infection, and antigenic responses. It also assists in characterizing the disease and analyzing the effectiveness of treatment. It is performed using various non-invasive methods and devices on different body areas, such as the mouth, ear, armpit, rectum, and forehead. On the other hand, invasive methods, such as thermometers, probes, and electronic pills, are utilized worldwide for taking core temperature readings of critically ill patients.


In addition, states and communities in different areas of numerous countries are implementing reopening plans. This is escalating the need for non-contact temperature assessment devices to check the temperature of people at entry points in public places, such as schools, colleges, offices, malls, supermarkets, restaurants, and metro stations. Apart from this, these devices act as a commonly utilized screening test for infectious diseases. As a result, a significant rise in their prevalence among the pediatric population across the globe is fueling the market growth. Moreover, wearable devices that can continuously and accurately measure core body temperature and provide live data on smartphones contribute to market growth. Furthermore, as exercising raises the core body temperature, there is a rise in the adoption of body temperature monitoring devices among individuals who participate in professional sports and other physical activities.


Segmentation


The Global patient temperature monitoring market is segmented based on product, site, application, end-users.


The patient temperature monitoring market, by product, the 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. Table-top temperature monitoring devices is further segmented into non-invasive vital signs monitoring devices and continuous core body temperature monitoring devices. Handheld temperature monitoring devices is further segmented into mercury thermometers, digital thermometers, and infrared thermometers.


Based on site, the market is segmented into non-invasive temperature monitoring and invasive temperature monitoring. Non-invasive temperature monitoring is further segmented into oral temperature monitoring, axillary & temporal artery temperature monitoring, and tympanic membrane temperature monitoring. Invasive temperature monitoring is further segmented into esophageal temperature monitoring, nasopharynx temperature monitoring, urinary bladder temperature monitoring, and rectal temperature monitoring.


Based on application, the market is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and others.


Based on end-user, the market is segmented into hospitals & clinics, nursing facilities, home care, ambulatory care centres, and others.


On the basis of region, the global patient temperature monitoring market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.


Regional Market Summary:


Global Patient Temperature Monitoring Market Share (%), by Region, 2017


Patient Temperature Monitoring Market


Sources: Centers for Disease Control and Prevention (CDC), World Health Organization (WHO), US Department of Health and Human Services, National Institutes of Health, Company’s Annual Report


The Americas region dominated the global patient temperature monitoring market in 2017, owing to the presence of major market participants & sophisticated healthcare infrastructure and comparatively higher adoption of advanced medical devices in the U.S. and Canada. 


Europe hoisted as the second largest region for the global patient temperature monitoring market owing to increasing awareness of disease-causing deformities along with the rise in the number of numerous surgeries is are expected to provide this market with lucrative growth opportunities.


Asia-Pacific was projected to be the fastest growing region for the global patient temperature monitoring market in 2017. The factors attributed to the due to the growing aging population along with a surge in the incidence of infectious diseases, rising awareness about technique, and increasing healthcare spending in China, India, and Japan.  


The Middle East and Africa holds the least share in the patient temperature monitoring market due to the presence of poor health expenditure and economically diverse countries. However, the market is expected to witness growth due to increasing healthcare programs in the Middle East. Recent Development


The oral cavity is the most accessible and is highly believed to estimate the core body temperature best. The oral cavity is the most common site for measuring body temperature by local sensors. Eating and drinking may affect accuracy while measuring oral temperature. The thermometers are placed inside the mouth and under the tongue, and such readings can be inaccurate.


Market Segmentation and Key Market Players


 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




By Region




  • Americas




  • Europe




  • Asia-Pacific




  • Middle East & Africa




Key Players:




  • 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




Intended Audience




  • Medical device companies




  • Clinical institutes




  • Government and private laboratories




  • Research and Development (R&D) companies




  • Medical research laboratories




  • Market research and consulting service providers





Report Scope:

Report Attribute/Metric Details
  Market Size   USD 3,775 million
  CAGR   6%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Site, Application, End-Users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Microlife, Koninklijke Philips N.V., Masimo, Terumo Corporation, 3M, Microlife Corporation, American Diagnostic Corporation, Cardinal Health, Braun (Subsidiary of Procter & Gamble), Drägerwerk AG & Co. KGaA, and Hill-Rom Holdings
  Key Market Opportunities

  • Increasing awareness of disease-causing deformities
  • Rise in the number of numerous surgeries
  •   Key Market Drivers   Augmenting demand for effective temperature monitoring devices


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    Frequently Asked Questions (FAQ) :

    The global patient temperature monitoring market had reached a valuation of USD 3,775 million in 2030.

    The global patient temperature monitoring market is projected to grow at approximately 6% CAGR during forecast period (2022-2030).

    North America holds the largest share in the global patient temperature monitoring market followed by Europe and Asia Pacific, respectively.

    Microlife, Koninklijke Philips N.V., Masimo, Terumo Corporation, 3M, Microlife Corporation, American Diagnostic Corporation, Cardinal Health, Braun (Subsidiary of Procter & Gamble), Drägerwerk AG & Co. KGaA, and Hill-Rom Holdings, are some of the major players operating in the patient temperature monitoring market.