Global Patient Temperature Monitoring Market Next Big Thing | Major Giants Cardinal Health, Koninklijke Philips N.V., Hill-Rom Services Inc., Dragerwerk AG & Co. KGaA, Terumo Medical Corporation

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Market Analysis: Global Patient Temperature Monitoring Market

Global Patient Temperature Monitoring Market is expected to rise from its initial estimated value of USD 2.55 billion in 2018 to an estimated value of USD 3.74 billion by 2026 registering a CAGR of 4.9% in the forecast period of 2019-2026. This rise in the market can be attributed to the increasing number of infectious diseases and rising pediatric and geriatric population over the world.

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Competitive Analysis:

The global patient temperature monitoring market is highly fragmented and the major players have used different strategies such as expansions, new product launches, agreements, partnerships, acquisitions, joint ventures, and others to increase their footprints in this market. The report includes market shares of patient temperature monitoring market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the patient temperature monitoring market are Cardinal Health, Koninklijke Philips N.V., Hill-Rom Services Inc., Drägerwerk AG & Co. KGaA, Terumo Medical Corporation, Masimo, Microlife Corporation, Procter & Gamble, Actherm Inc., American Diagnostic Corporation, Briggs Healthcare, HICKS, Medtronic, Sanomedics International Holdings Inc., Welch Allyn, Medium Healthcare, Cosinuss GmbH, Helen of Troy,  Omron Healthcare, Inc., and BD

Businesses can confidently trust on the information provided in this Global Patient Temperature Monitoring Market business document as it is derived only from the valuable and genuine resources. The report explains current and future market trends and carries out analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. By applying market intelligence for this report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. The report offers CAGR value fluctuations during the forecast period of 2020-2027 for the market. The Global Patient Temperature Monitoring Market report contains all the company profiles of the major players and brands.

Market Definition: Global Patient Temperature Monitoring Market

Patient temperature monitoring device is portable measurement equipment that autonomously records the temperature for a particular period of time. These monitors help in measuring a patient’s temperature during postoperative care, surgery, critical care, shock, sepsis and infections, treatment of hypothermia and hyperthermia, fertility and ovulation assessment, or in other cases where there is a need to continuously monitor the body temperature. This is usually used for gathering temperature data from various field conditions and monitoring the shipments in a cold chain.

Market Drivers

Rising number of various surgical procedures has increased the demand for these devices
Constant innovations and technological developments in the industry will act as a major market driver

Market Restraints

High cost of developed temperature monitoring devices is acting as a major restraint for the market
Low awareness regarding these devices in developing nations act as a major factor hampering the market growth

Table of Contents-Snapshot
– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source

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Segmentation: Global Patient Temperature Monitoring Market

By Product
Wearable Continuous Temperature Sensors
Smart Temperature Monitoring Patches
Table-top Temperature Monitoring Devices
Noninvasive 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
Noninvasive Temperature Monitoring
Oral Temperature Monitoring
Axillary and 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
Pyrexia/Fever
Hypothermia
Blood Transfusion
Anesthesia
Other Applications
By End User
Hospital and Surgical Centers
Nursing Facilities
Home care
Ambulatory Care Centers
Other End Users

Key Developments in the Market:

In March, 2018, Medtronicand Lehigh Valley Health Network signed a partnership agreement to deliver different value-based healthcare programs. This will help in improving the patient outcome and minimizing the cost
In June, 2018, Clayton, Dubilier & Rice and Cardinal Health announced their partnership for accelerating the growth of naviHealth. This will enhance the growth of the company. This will also assist in building good customer relation by providing information related to health systems.

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Research Methodology: Global Patient Temperature Monitoring Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents:

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers and Online channels among others.

Reasons to Purchase this Report:

Current and future of global patient temperature monitoring market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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