The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The worldwide temperature monitoring devices market will rise from $3.39 billion in 2022 to $3.77 billion in 2023, with an 11.2% CAGR. By 2027, it’s anticipated to reach $5.45 billion, growing at a 9.7% CAGR.

North America held the largest temperature monitoring devices market share.

Temperature Monitoring Devices Market Driver
Rising chronic and infectious diseases drive the temperature monitoring devices market. Conditions like Dengue, Zika, and Ebola demand continuous temperature tracking. Patients with chronic diseases like cardiovascular or kidney conditions also benefit from monitoring. The COVID-19 pandemic, with over 19.3 million active cases, spurs demand for temperature monitoring. This boosts the market growth for temperature monitoring devices during the forecast period.

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Prominent Temperature Monitoring Devices Market Trend
Companies in the temperature monitoring devices market emphasize the production of wearable thermometers. Wearable thermometers, connected to smart devices, enable continuous temperature monitoring. Products like Fitbit, Apple Watch, and temperature patches are popular. In December 2020, UK’s Celsium introduced a highly accurate wearable thermometer, providing readings every four seconds and temperature rise alerts.

Temperature Monitoring Devices Market Prominent Players
Major players in the temperature monitoring devices market are 3M Company, Drägerwerk AG & Co. KGaA, Cosinuss GmbH, Helen of Troy Limited, Koninklijke Philips N.V., Microlife Corporation, Omron Healthcare, Terumo Corporation, Welch Allyn, Inc., and C. R. Bard.

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Key Temperature Monitoring Devices Market Segments
The global temperature monitoring devices market is segmented –
1) By Type: Contact-based Temperature Monitoring Systems, Non-contact-based Temperature Monitoring System
2) By Application: Oral Cavity, Rectum, Ear, Other Applications
3) By End User: Hospital and Surgical Centers, Nursing Facilities, Ambulatory Care Centers, Home Care, Other End Users

The Temperature Monitoring Devices Global Market Report 2023  provides a comprehensive overview on the temperature monitoring devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the temperature monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
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