Global Temperature Monitoring Devices Market Set for Rapid Growth, to Reach around USD 3.03 billion by 2022

14-Dec-2017 | Zion Market Research

Zion Market Research  has published a new report titled “Temperature Monitoring Devices Market by Product (Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Non-invasive Vital Signs Monitoring Devices, Continuous Core Body Temperature Monitoring Devices, Digital Thermometers, Infra-red Aural Thermometers, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors and Smart Temperature Patches), by Technique (Invasive and Non-invasive), by Applications (Clinical and Wellness), by Distribution Channel (Institutional Sales, Hospitals, Clinics, Skilled Nursing Facilities, Long Term Care Centers, Ambulatory Care Centers,  Retail Sales, Retail Pharmacies, Drug Stores and Online Sales), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2022”. According to the report, the global temperature monitoring devices market was valued at approximately USD 2.43billion in 2016 and is expected to generate revenue of around USD 3.03 billion by end of 2022, growing at a CAGR of around 4% between 2017 and 2022.

The importance of body temperature monitoring is an effective way to recognize infection prior to clinical diagnosis. Thermoregulation or temperature maintenance is essential to avoid any antigenic response, infection or inflammation. Temperature monitoring devices gained significant preference owing to their cost-effectiveness and convenience and can be also used for home care. Monitoring temperature is more like the first line of treatment, helping physicians to assess the health status of patients for proper care. These devices comprise of diverse product types, which are used in a number of applications. Temperature monitoring thermometers are characterized by increasing product launches by emerging market players.

Browse the full " Temperature Monitoring Devices Market by Product (Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Non-Invasive Vital Signs Monitoring Devices, Continuous Core Body Temperature Monitoring Devices, Digital Thermometers, Infra-Red Aural Thermometers, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors And Smart Temperature Patches), by technique (invasive and non-invasive), by Application (Clinical And Wellness), by Distribution (Institutional Sales, Hospitals, Clinics, Skilled Nursing Facilities, Long Term Care Centers, Ambulatory Care Centers,  Retail Sales, Retail Pharmacies, Drug Stores And Online Sales), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016- 2022" report at  https://www.zionmarketresearch.com/report/temperature-monitoring-devices-market

Global Temperature Monitoring Devices Market is primarily driven by worldwide advancements in wearable and other technological advancements. Importance of immediate, consistent, and accurate temperature monitoring for proper treatment, improving healthcare infrastructure in various emerging economies and prevalence of several chronic diseases are some of the other drivers of this market. However, lack of awareness in developing nations and the high cost of these devices can create restraints to the Temperature Monitoring Devices Market. As high body temperature leads to many diseases because of which the need for effective management of associated diseases is likely to boost the demand for Temperature Monitoring Devices Market in the region in the coming years.

The Temperature Monitoring Devices Market is segmented on the basis of product including tabletop temperature monitoring devices, handheld temperature monitoring devices, wearable continuous monitoring thermometers, and temperature monitoring sensors & smart temperature patches. Tabletop temperature monitoring devices are further segmented as non-invasive vital signs monitoring devices and continuous core body temperature monitoring devices. Also, hand-held temperature monitoring devices are further subcategorized into digital thermometers and infra-red aural thermometers. On the basis of techniques temperature monitoring devices market is segmented as invasive and non-invasive. On the basis of applications temperature monitoring devices market is segmented as clinical and wellness. Due to the faster, economical and more precise compared to other versions Digital thermometers are preferred mostly. This type of devices also processes easy and quick. Owing to the all these reasons digital thermometers account for the largest market share. The most popular version of technology present in the market is battery operated flexible tip oral thermometers (handheld temperature monitoring devices).     

On the basis of distribution channel Temperature, Monitoring Devices Market is institutional sales and retail sales. The market is further sub-segmented on the basis of institutional sales as hospitals, clinics, skilled nursing facilities, long-term care centers, and ambulatory care centers. And on the basis of retail sales market is further divided into retail pharmacies, drug stores, and online sales.

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are the key regional segments of global Temperature Monitoring Devices Market. North America is projected to dominate the global temperature monitoring devices market. Owing to rising health awareness and increasing base of geriatric population in the region in the region are the key factors responsible for the large share of this regional segment. However, Europe also has an immense potential for expansion, due to the rising awareness among the patients. The Asia Pacific is also expected to expand at a considerable high rate; Countries like China and India many hospitals have shifted towards digital thermometers replacing the mercury-based thermometers.

Some of the key players in Temperature Monitoring Devices Market are 3M Company, Omron Healthcare, Koninklijke Philips N.V., Terumo Corporation, Helen of Troy Limited, Cosinuss GmbH, Drägerwerk AG & Co. KGaA, C.R. Bard, Welch Allyn, Inc., Microlife Corporation, and Briggs Healthcare among others.

This report segments the Global Temperature Monitoring Devices Market is as follows:

Global Temperature Monitoring Devices Market: by Product

  • Table Top Temperature Monitoring Devices
    • Non-invasive Vital Signs Monitoring Devices
    • Continuous Core Body Temperature Monitoring Devices
  • Hand Held Temperature Monitoring Devices
    • Digital Thermometers
    • Infra-red Aural Thermometers
  • Wearable Continuous Monitoring Thermometers
  • Temperature Monitoring Sensors & Smart Temperature Patches

Global Temperature Monitoring Devices Market: by Techniques

  • Invasive
  • Non-invasive

Global Temperature Monitoring Devices Market: by Applications

  • Clinical
  • Wellness

Global Temperature Monitoring Devices Market: by Distribution Channel

  • Institutional Sales
    • Hospitals
    • Clinics
    • Skilled Nursing Facilities
    • Long-Term Care Centers
    • Ambulatory Care Centers
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
    • Online Sales

Global Temperature Monitoring Devices Market: by Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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