The global temperature monitoring devices market consists of sales of temperature monitoring devices and related services which are used to measure the temperature of a person or patients body. The market consists of revenue generated by the companies manufacturing temperature monitoring devices by the sales of these products.
The increase in the prevalence of chronic and infectious diseases is causing a positive impact on the temperature monitoring devices market. Certain infectious diseases like Dengue, Zika, Malaria and Ebola requires continuous monitoring of temperature to give appropriate treatment and save lives. Temperature of patients with chronic diseases like cardiovascular cases, kidney related diseases and other diseases has to be monitored continuously especially when they are hospitalized.
This monitoring gives an overview of their bodily functions. Most recently, pandemic COVID 19 has more than 600,000 positive cases around the globe and increased body temperature is one of the main symptoms of this disease, causing the demand for temperature monitoring devices to increase by several fold. Therefore, the prevalence of chronic and infectious disease is expected to propel the market.
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The market is segmented by type: Contact-based Temperature Monitoring Systems and Non-contact-based Temperature Monitoring System. It is also segmented by application: Oral Cavity, Rectum, Ear, and Others.
The present study exhibits the trends and market dynamics of the temperature monitoring devices market in major countries – Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report also includes the study of the current issues with consumers and various future opportunities for the market. North America was the largest region in the temperature monitoring devices market in 2019. The temperature monitoring devices market in Asia Pacific is expected to register the highest CAGR during 2019-2023.
Some of the major key players involved in the temperature monitoring devices market are 3M Company, Drägerwerk AG & Co. KGaA, Cosinuss GmbH, Helen of Troy Limited, Koninklijke Philips N.V, Microlife Corporation, Omron Healthcare, Terumo Corporation, Welch Allyn Inc, and C. R. Bard.
The report has 150 pages and was published on May 6. 2020.