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In-Depth Analysis of the Patient Temperature Monitoring Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Patient Temperature Monitoring Market Share
The escalating prevalence of diseases is projected to drive the patient temperature monitoring market's growth. Diseases, often caused by organisms like bacteria, viruses, fungi, or parasites, can sometimes be transferred from person to person or via insects or animals. A primary determinant of illness can be changes in body temperature. Hence, it is projected that the correlation between temperature fluctuations and disease prevalence will boost the use of monitoring systems. For example, as reported by The World Health Organization in September 2023, a specialized agency of the United Nations headquartered in Switzerland that oversees global public health, non-communicable diseases (NCDs) were responsible for 41 million, or 71% of all fatalities globally in 2022. Additionally, 17.9 million individuals succumb to cardiovascular diseases annually, constituting a significant proportion of NCD deaths. Cardiovascular diseases were the primary reason for death, followed by cancer (9.3 million), respiratory diseases (4.1 million), and diabetes (1.5 million). Thus, the growing incidence of diseases will persistently fuel the patient temperature monitoring market's expansion.
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What Is the projected market size and growth rate for the patient temperature monitoring market?
The market for patient temperature monitoring has seen robust growth in the recent past. The growth is projected to increase from $4.83 billion in 2024 to $5.18 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. A multitude of factors such as concerns around patient safety, an increase in fever-related conditions, advancements in temperature monitoring devices, elevated hospitalization rates, an uptick in chronic diseases, and the upholding of regulatory standards and compliance have contributed to the growth in the historic period.
In the coming years, the market for patient temperature monitoring is anticipated to witness substantial growth, with its valuation expected to reach $7.53 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.8%. This expansion through the forecast period can be ascribed to factors such as the rise of remote patient monitoring (rpm), point-of-care temperature monitoring, concentration on infection control, sophisticated healthcare infrastructure, initiatives regarding population health management, and emphasis on patient comfort and compliance. Key trends emerging within the forecast period are contactless temperature monitoring, adoption of wireless and Bluetooth technologies, wearable temperature monitoring devices, usage of data analytics and predictive monitoring, as well as improved accuracy and precision.
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What new trends are reshaping the patient temperature monitoring market and its opportunities?
Leading businesses in the patient temperature monitoring market are employing new products like ambulatory-connected patient monitoring systems to maintain their market standing. These wearable technologies wirelessly gather and send patients' real-time health data, allowing for the remote monitoring of critical signs and medical parameters beyond conventional healthcare environments. For example, Dozee, a company from India specializing in remote patient monitoring, launched Dozee Pro Ex in October 2023. It offers the constant monitoring of a patient's vital signs such as ECG rhythm, blood pressure, heart rate/pulse rate, oxygen saturation, respiration rate, and temperature. The Dozee Pro Ex also includes an AI-enhanced early warning system that observes the trends of these vital parameters and issues prompt warnings concerning potential clinical decline.
What major market segments define the scope and growth of the patient temperature monitoring market?
The patient temperature monitoring market covered in this report 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 Or 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
Subsegments:
1) By Contact-Based Temperature Monitoring Systems: Digital Thermometers, Infrared Ear Thermometers, Glass Thermometers, Disposable Thermometers
2) By Non-Contact-Based Temperature Monitoring Systems: Forehead (Temporal) Thermometers, Infrared Non-Contact Thermometers, Wearable Temperature Sensors
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Which region dominates the patient temperature monitoring market?
North America was the largest region in the patient temperature monitoring market in 2024. 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 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the patient temperature monitoring industry growth?
Major companies operating in the patient temperature monitoring market are Cardinal Health Inc., 3M Company, Koninklijke Philips NV, 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 Inc., iHealth Lab Inc., DeltaTrak Inc., Exergen Corporation, Medisana GmbH, Geratherm Medical AG, Nureca Healthcare Private Limited, A&D Company Ltd., Actherm Inc., Cosinuss GmbH, Vandelay Brands Limited, Kinsa Inc., Abbott Laboratories, American Diagnostic Corporation, CAS Medical Systems Inc., C.R. Bard Inc., Edwards Lifesciences Corporation, GE HealthCare Technologies Inc., Hill-Rom Holdings Inc., Honeywell International Inc., ICU Medical Inc., Medtronic PLC, Natus Medical Incorporated, Nonin Medical Inc., Procter & Gamble Co., Quest Products Inc., Riester GmbH & Co. KG, Rossmax International Ltd., Smiths Medical International Ltd., Spacelabs Healthcare LLC, SunTech Medical Inc., Thermomedics Inc., Tyco Healthcare Group Canada Inc., Vital Signs Inc., Vyaire Medical Inc., Welch Allyn Inc., ZOLL Medical Corporation
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What Is Covered In The Patient Temperature Monitoring Global Market Report?
• Market Size Forecast: Examine the patient temperature monitoring market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the patient temperature monitoring market for a structured understanding.
• Key Players Overview: Analyze major players in the patient temperature monitoring market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the patient temperature monitoring market.
• Segment Contributions: Evaluate how different segments drive overall growth in the patient temperature monitoring market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the patient temperature monitoring market.
• Industry Challenges: Identify potential risks and obstacles affecting the patient temperature monitoring market.
• Competitive Landscape: Review strategic developments in the patient temperature monitoring market, including expansions, agreements, and new product launches.
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