Global Patient Temperature Monitoring Market is expected to grow at a decent rate of 6.5% by 2026 - A Key Tool to Detect and Monitor Medical Problems

Monitoring body temperature is very important in medicine. Several diseases are characterized by a change in body temperature. The measurement of body temperature can help detect illness. It can also monitor whether or not treatment is working properly. Patients can monitor temperatures orally, rectally, under the arm, in the ear, or on the surface of the skin.

The rising prevalence of infectious and chronic diseases, increasing awareness regarding continuous temperature monitoring, growing demand for technologically advanced temperature monitoring devices, an increasing number of various surgical procedures, and the rising geriatric and pediatric populations are some of the key factors driving the global patient temperature monitoring market.

Increasing Prevalence of Covid-19 Boosts the Patient Temperature Monitoring Devices Market

One common strategy to prevent transmission has been temperature checks, which have increased in popularity as a non-invasive measure to rapidly screen individuals for elevated body temperature (i.e., fever). Large infrared fever screening systems or no-contact temperature screening at building entrances and hospital entryways, and wearable devices to continuously monitor individual temperature have all been widely employed to prevent the spread of SARS-CoV-2.

Adoption of Continuous Temperature Monitoring in Neonatal Care Fuels the Market Demand

Monitoring the body temperature of a newborn baby is very important. ThermoMonitoring helps in the diagnosis of infection as well as early detection of both cold and heat stress in the newborn. It involves a continuous display of central and peripheral temperature, as well as the air temperature and humidity that surrounds the baby inside the incubator. It enables caregivers to deliver life-sustaining, non-invasive, developmental care to neonates in a nurturing and supportive environment.

Growing Awareness Regarding Non-Invasive Temperature Monitoring Drives the Patient Temperature Monitoring Market Growth

Non-invasive temperature monitoring is finding increased use in the intensive care unit both as a labor-saving tool and as a means to reduce complications associated with invasive techniques. Non-invasive monitoring provides accurate core temperature monitoring and is fast, safe, durable, and comfortable for the patients.

For instance,

Exrgen Corporation launch its new cost-effective, TAT-2000 Temporal Artery Thermometer which is based on a very innovative infrared technology for accurately measuring temperature.

3M developed the 3M™ SpotOn™ system which is a non-invasive, accurate core temperature monitoring system that continuously measures patient temperature.

Requirement of Temperature Monitoring Amongst the Elderly Population Propels the Market Growth

The use of continuous temperature monitoring in elderly population residents of independent and assisted-living facilities may be an effective intervention for early detection and containment of infectious disease outbreaks, and provide better outcomes for people in those facilities. Elderly people are also more prone to hypothermia than younger individuals.

Key Market Challenges: Patient Temperature Monitoring Market

High costs associated with the advanced temperature monitoring devices, rising concerns related to the use of infrared and mercury thermometers, and the risk involved with the usage of rectal temperature monitoring are some of the key factors that are likely to hamper the growth of the market.

North America Holds the Largest Share in the Global Patient Temperature Monitoring Market

North America currently holds a major share in the global patient temperature monitoring market. This can be mainly attributed to the growing prevalence of chronic diseases, the growing adoption of technologically advanced temperature monitoring devices, and the rising number of surgeries in the region.

Competitive Landscape Analysis: Patient Temperature Monitoring Market

Some of the key players operating in the patient temperature monitoring market are Cardinal Health, Koninklijke Philips N.V., 3M, Exergen Corporation, and Medisana GmbH, among others.

Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Market

Players operating in the global patient temperature monitoring market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share.

For instance,

In June 2022, Exergen Corporation signed a marketing and distribution contract with ECOMED to market the professional series Temporal Artery Thermometers in Australia and New Zealand.

In February 2021, Canon Solutions America Inc. announced the launch of welloStationXTM, an automated, FDA-cleared, digital, and no-touch clinical thermometer that serves as a real-time temperature monitoring station.

Get Detailed Insights on Patient Temperature Monitoring Market Report with TOC @ https://meditechinsights.com/patient-temperature-monitoring-market/

Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

This release was published on openPR.