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 As per The Business Research Company’s Patient Temperature Monitoring Global Market Report 2023, The global patient temperature monitoring market is expected to grow from $4.26 billion in 2022 to $4.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The market size of patient temperature monitoring is expected to grow to $6.28 billion in 2027 at CAGR of 8.0%.

What was the major driver in the patient temperature monitoring market?
The increased prevalence of disorders is projected to boost the patient temperature monitoring market ahead. Diseases are conditions brought on by organisms such as bacteria, viruses, fungi, or parasites. Some infectious diseases are spread from person to person, while others are spread by insects or other animals. The change in temperature is an important aspect in defining the illness. The link between temperature variation and sickness occurrence is expected to promote the deployment of monitoring systems. According to The World Health Organisation, a United Nations specialised organisation responsible for international public health based in Geneva, noncommunicable diseases (NCDs) would be responsible for 41 million deaths worldwide each year in 2022, accounting for 71% of all fatalities. Furthermore, 17.9 million people die each year from cardiovascular diseases, making them a considerable contributor to NCD mortality. The greatest cause of death was cardiovascular disease, followed by cancer (9.3 million), respiratory diseases (4.1 million), and diabetes (1.5 million). As a result, increased disease prevalence will continue to drive the patient temperature monitoring market.

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What was the key trend in the patient temperature monitoring market?
Technological developments are a prominent trend in the patient temperature monitoring industry. Major players in the patient temperature monitoring market are focusing on developing new technical solutions to increase their market position. For example, in May 2020, Masimo, a medical technology firm based in the United States, unveiled the Radius T continuous thermometer, a more convenient approach to monitor fever. In contrast to spot-check, episodic thermometers, the wearable, wireless Radius T continuously monitors body temperature, seamlessly transmitting data and customizable temperature notifications to the user’s smartphone, allowing carers, such as parents, to monitor patients’ temperatures even while they sleep.

Which was the largest region in the patient temperature monitoring market?
North America was the largest region in the patient temperature monitoring market in 2022. Asia-Pacific is expected to be the fastest-growing region in the patient temperature monitoring market report forecast period. The regions covered in the patient temperature monitoring analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Who are the patient temperature monitoring market prominent players?
Major players in the patient temperature monitoring market are Cardinal Health Inc., 3M Company, Koninklijke Philips N.V., Drägerwerk AG & Co., Microlife Corporation, Becton Dickinson and Company, Omron Healthcare Inc., Masimo Corporation, Braun GmbH, Terumo Corporation, Paul Hartmann AG, Beurer GmbH, Easytem Co., Ltd., Omega Engineering Instrumentation Company, iHealth Lab Inc., DeltaTrak Inc., Exergen Corporation, Medisana GmbH, Geratherm Medical AG, Nureca Healthcare Private Limited, A&D Medical Blood Pressure Monitor, Actherm Inc., Cosinuss GmbH, Vandelay (SFT Technologies India Pvt Ltd), and Kinsa Inc.

Key patient temperature monitoring market segments
The global patient temperature monitoring market is segmented –
1) By Type: Contact-based Temperature Monitoring Systems, Non-Contact-based Temperature Monitoring System
2) By Site: Non Invasive Temperature Monitoring, Invasive Temperature Monitoring
3) By Application: Pyrexia/Fever, Hypothermia, Blood Transfusion, Anesthesia, Other Applications
4) By End User: Hospital and Surgical Centers, Nursing Facilities, Ambulatory Care Centers, Home Care, Other End Users

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The Patient Temperature Monitoring Global Market Report 2023  provides a comprehensive overview on the patient temperature monitoring market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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