Patient Temperature Monitoring Market is expected to grow at a CAGR of 8.1 % from 2023-2030 : Cognitive Market Research

Market Overview
Patient temperature monitoring is the continuous or periodic measurement of a person's body temperature to monitor their health status and detect any deviations from normal values. This is usually done in clinical settings such as hospitals, clinics, or long-term care facilities to monitor the progression of diseases, recovery from surgery, or to detect fever or infection. The temperature can be measured using various methods such as oral, ear, or forehead thermometers, and more recently, using wearable devices.

Summary
• The global patient temperature monitoring market is estimated to be valued at USD 3,956.8 million in 2022 and is expected to exhibit a CAGR of 8.1 % during the forecast period (2022-2030).
• North America has the largest revenue share in the patient temperature monitoring market.
• The hospital segment has the largest revenue share in the patient temperature monitoring market
• The non-invasive temperature monitoring dominates the Patient Temperature Monitoring Market with the largest revenue share
• The rising prevalence of chronic diseases such as respiratory diseases, diabetes, and cardiovascular diseases is driving the growth of the global patient temperature monitoring market

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Market Dynamics
The rising prevalence of chronic diseases such as respiratory diseases, diabetes, and cardiovascular diseases is driving the growth of the global patient temperature monitoring market. In addition, increasing demand for home healthcare services due to the geriatric population is driving the growth of the global market. Furthermore, the rising demand for wearable temperature monitoring devices provides the opportunity for the growth of the Patient Temperature Monitoring Market. However, the limited availability of these devices in emerging countries may hamper the growth of the global market.

Market Segmentation:
By Product:
• Smart Temperature Monitoring Patches
• Table-Top Temperature Monitoring Devices
• Wearable Continuous Monitoring Sensors
• Handheld Temperature Monitoring Devices
o Mercury Thermometers
o Digital Thermometer
o Infrared Thermometer
• Invasive Temperature Monitoring Devices
By Product, the market is segmented into smart temperature monitoring patches, table-top temperature monitoring devices, wearable continuous monitoring sensors, handheld temperature monitoring devices, and invasive temperature monitoring devices. The segment of handheld temperature monitoring devices is forecasted to hold the largest revenue share. This is attributed to its ability to provide a simple and trustworthy interpretation of temperature readings.

By Site
• Noninvasive Temperature Monitoring
• Invasive Temperature Monitoring
By site, the market is segmented into non-invasive temperature monitoring and invasive temperature monitoring. The non-invasive temperature monitoring dominates the Patient Temperature Monitoring Market with the largest revenue share This is attributed to accessible, accurate, pleasant, and give easier temperature monitoring options, non-invasive temperature monitoring devices accounted for the biggest market share.

By Application
• Blood Transfusion
• Hypothermia
• Anesthesia
• Pyrexia/Fever
• Others
By Application, the market is segmented into blood transfusion, pyrexia/fever, anesthesia, hypothermia, and others. The pyrexia/fever segment has the largest revenue share in the patient temperature monitoring market. This is attributed to increasing an aging population, and an increase in trauma and hemolysis instances.

By End User
• Hospitals
o Emergency Rooms
o Intensive Care Units
o Operating Rooms
• Ambulatory Care Centers
• Nursing Facilities
• Home Care Settings
By end user, the market is segmented into hospitals, ambulatory care centers, nursing facilities, and home care settings. The hospital segment has the largest revenue share in the patient temperature monitoring market. This is attributed to the increasing frequency of infectious diseases and viruses.

Competitive Analysis for Patient Temperature Moniting Market:
3M, Abb Ltd., Deltatrack, Emerson Electric, Fluke Corporation, Honeywell (US), Kelsius Ltd., Monnit Corporation, Omega Engineering, Rees Scientific, SensoScientific Inc. Siemens AG, Testo AG

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Market Report:
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Regional analysis:
North America has the largest revenue share in the patient temperature monitoring market. This is attributed to advanced healthcare infrastructure and the presence of major market players. Furthermore, Asia Pacific is anticipated to register the growth of the global market with the highest growth rate. increase in the frequency of infectious diseases and rising healthcare costs are anticipated to drive the demand for the global market.in the country in the region.

News:
Signant health launched the temperature excursion management platform
In September 2022, Signant Health debuted its cloud-based temperature excursion management (TEM) solution within its range of clinical supply chain management solutions.
Source (https://www.clinicaltrialsarena.com/news/signant-health-tem-platform/)

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Patient Temperature Monitoring Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Patient Temperature Monitoring Market Segmentation
1.5.1 Patient Temperature Monitoring Market Regional Fragmentation
1.5.1 Patient Temperature Monitoring Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Patient Temperature Monitoring Market
• 3.1 Global Patient Temperature Monitoring Market Size 2018 - 2030, (USD Million)
• 3.2 Global Patient Temperature Monitoring Market Statistics 2022: Snapsho
Chapter 4 Global Patient Temperature Monitoring Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Patient Temperature Monitoring Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Patient Temperature Monitoring Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Patient Temperature Monitoring Market by By Site Segmentation Analysis (2018-2030)
Chapter 11 Global Patient Temperature Monitoring Market by By End User Segmentation Analysis (2018-2030)
Chapter 12 Global Patient Temperature Monitoring Market Regional Analysis
Chapter 13 North America Patient Temperature Monitoring Market Outlook (2018 - 2030)
Chapter 14 Europe Patient Temperature Monitoring Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Patient Temperature Monitoring Market Outlook (2018 - 2030)
Chapter 16 Latin America Patient Temperature Monitoring Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Patient Temperature Monitoring Market Outlook (2018 - 2030)
Chapter 18 Research Findings

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