Market Research

COVID-19 Impact on Patient Temperature Monitoring Market Forecast to 2027 – 3M, American Diagnostic Corporation, Cardinal Health Inc., Drägerwerk AG & Co. KGaA

Jun 3, 2020 8:50 PM ET
iCrowd Newswire – Jun 3, 2020

Patient Temperature Monitoring Market for Pyrexia/Fever Segment to Grow at Fast Pace during Forecast Period

According to The Insight Partners market research study on “Patient Temperature Monitoring Market to 2027 – Global Analysis and Forecasts by Product, Site, and Application,” the market is expected to reach US$ 4,386.01 Mn by 2027 from US$ 2,946.47 Mn in 2019. It is estimated to grow at a CAGR of 5.2% from 2020 to 2027. The report provides trends prevailing in the global patient temperature monitoring market and the factors driving the market growth along with those restraining it.

The growth of the patient temperature monitoring market is attributed to the growing prevalence of chronic and infectious diseases, and increasing awareness regarding the benefits and usefulness of patient temperature monitoring. The global patient temperature monitoring market, based on application, is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and other applications (sleep management and weight management). The pyrexia/fever segment held the largest share of the market in 2019, and it is estimated to register the highest CAGR in during the forecast period.

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Strategic Insights

Growing number of technological and distribution collaborations and increasing emphasis on preventive care in developed, as well as developing, countries are projected to drive the market growth during the forecast period. Additionally, the introduction of temperature monitoring systems with increasing efficiencies to predict the occurrence of diseases also offers lucrative growth opportunities to the market players.

Global Patient temperature monitoring market – By Product

  • Wearable Continuous Monitoring Sensors
  • Smart Temperature Monitoring Patches
  • Table-Top Temperature Monitoring Devices
    • Non-invasive Vital Signs Monitoring Devices Market
    • Continuous Core Body Temperature Monitoring Devices Market
  • Handheld Temperature Monitoring Devices
    • Mercury Thermometers Market
    • Digital Thermometers Market
    • Infrared Thermometers Market
  • Invasive Temperature Monitoring Devices

Global Patient temperature monitoring market – By Site

  • Noninvasive Temperature Monitoring
    • Oral Temperature Monitoring Market
    • Axillary and Temporal Artery Temperature Monitoring Market
    • Tympanic Membrane Temperature Monitoring Market
  • Invasive Temperature Monitoring
    • Esophageal Temperature Monitoring Market
    • Nasopharynx Temperature Monitoring Market
    • Urinary Bladder Temperature Monitoring Market
    • Rectal Temperature Monitoring Market

Global Patient temperature monitoring market – By Application

  • Pyrexia/Fever
  • Hypothermia
  • Blood Transfusion
  • Anesthesia
  • Other Applications (Sleep, Weight Management)

Leading companies operating in the patient temperature monitoring market are 3M, American Diagnostic Corporation, Cardinal Health Inc., Drägerwerk AG & Co. KGaA, Oura, Ava Science Inc, Tempdrop LLC., Braun GmbH (P&G Brand), Biofourmis Inc., Fertility Focus Limited, Fairhaven Health, LLC, VivoSensMedical GmbH, Valley Electronics AG, Cycle Technologies, and Natural Cycles Nordic AB, among others.

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