Patient Temperature Monitoring Market Insights:
Patient temperature monitoring market was valued at USD 3.7 Billion in 2021, registering a CAGR of 6.5% during the forecast period (2022-2030), and the market is projected to be worth USD 6.52 Billion by 2030. The body temperature is one of the symptoms observed as an immune response to any disease. The goal of patient temperature monitoring is to provide the evaluation of the patient’s body conditions as the change in temperature is a crucial element in the disease diagnosis. The growing prevalence of infectious conditions, like Ebola virus disease, pneumonia, and swine flu, where patients are highly susceptible to rising levels of fever, is anticipated to contribute to the growth of the patient temperature monitoring market during the projected period. For instance, according to the World Health Organization, the WHO GISRS laboratories conducted tests on over 317198 specimens from the period of December 2021 to January 2022. A total of 16862 people tested positive for influenza viruses, out of which 10744 (63.7%) were reported as influenza A and 6118 (36.3%) tested for influenza B. Thus, the rising prevalence of flu outbreaks is anticipated to further grow the need for advancements in patient temperature monitoring owing to the early diagnosis and treatment of such diseases.
Furthermore, the technological advancements in patient temperature monitoring devices like non-contact infrared thermometers and other gadgets owing to the accurate diagnosis without physical contact witnessed significant growth during the forecast period. For instance, the Chinese company named Xiaomi introduced the new non-contact infrared thermometer which measures the temperature reading in one second and with a precision of 0.2 degrees. Thus, such technological advancements in patient temperature monitoring devices are expected to boost the market growth. Based on region, North America contributed the largest share to the growth of the patient temperature monitoring market in 2021 due to the large presence of major market players, rising adoption of patient temperature monitoring devices as preventive measures, and growing healthcare spending.
Patient Temperature Monitoring Market Dynamics:
Temperature measurement is referred to as the quantification of an individual’s body temperature, which is one of the important indicators of the physiological state of that individual. Temperature measurement is also done to evaluate whether body temperature is within the safe range. If the temperature is abnormally high, it is considered a fever which signifies that the body is mounting an immune response to a particular disease.
Driver:
The growing geriatric and pediatric populations that are highly prone to infectious diseases such as tuberculosis (TB), SARS-COVID, pneumonia, malaria, whooping cough, dengue, and HIV drive the growth of patient temperature monitoring in the forecast period owing to the high fever levels as one of the major symptoms of such infectious diseases. Moreover, the growing usage of body temperature monitors, supportive reimbursement policies from the healthcare industry, and rising demand for continuous temperature monitoring especially in neonatal care boosts the growth of the patient temperature monitoring market.
Restraint:
The lack of awareness among medical professionals in terms of non-invasive and continuous temperature monitoring devices is the major factor that is anticipated to obstruct the growth of the patient temperature monitoring market. Additionally, the shortage of trained personnel with expertise in the operation and processing of such devices also restrain the growth of the patient temperature monitoring market.
COVID-19 Analysis of the Patient Temperature Monitoring Market:
The patient temperature monitoring market has been positively impacted due to the COVID-19 pandemic in many different parts of the world. The factors such as rising incidences of infectious diseases such as COVID-19, pneumonia, Mucor mycosis infections, and other related diseases, a growing number of patient visits to hospitals, and increased usage of infrared (IR) thermometers and other non-contact thermometers owing to the minimized exposure to the outbreak-causing viruses are the major impacts of COVID-19 that fueled the growth of the patient temperature monitoring market. Shipments were impacted during the initial lockdown due to a labor shortage and the closure of a manufacturing facility. However, the circumstances have stabilized which further determined that COVID-19’s overall impact on the patient temperature monitoring market is moderate. Post covid-19 there was also a positive impact on the patient temperature monitoring market as people were more focused on preventive measures such as body temperature monitoring which led to increased adoption of smart wearable technology.
Patient Temperature Monitoring Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2016-2030 |
| Market Size in 2030 (USD Billion) | 6.52 Billion |
| CAGR (2022-2030) | 6.5% |
| By Product | Wearable Continuous Monitoring Sensors, Smart Temperature Monitoring Patches, Table-Top Temperature Monitoring Devices (Non-invasive Vital Signs Monitoring Devices, Continuous Core Body Temperature Monitoring Devices), Handheld Temperature Monitoring Devices (Digital Thermometers, Infrared Thermometers, Mercury Thermometers), Invasive Temperature Monitoring Devices |
| By Site | Non Invasive Temperature Monitoring (Oral Temperature Monitoring, Axillary and Temporal Artery Temperature Monitoring, and 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, Anesthesia, Blood Transfusion, and Other Applications |
| By End-Use | Hospitals (Operating Rooms, Emergency Rooms, Intensive Care Units), Home Care Settings, Nursing Facilities, Ambulatory Care Centers, and Other End Users |
| By Geography | North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe) Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific) Latin America- (Brazil, Argentina, Chile, Rest of Latin America) Middle East and Africa- (GCC, Turkey, Israel, and Rest of MEA) |
| Key Players | Masimo, Microlife, Koninklijke Philips N.V., Terumo Corporation, Microlife Corporation, 3M, American Diagnostic Corporation, Braun (Subsidiary of Procter & Gamble), Cardinal Health, Drägerwerk AG & Co. KGaA |
Patient Temperature Monitoring Market Segment Analysis:
By Product
The product segment is separated into wearable continuous monitoring sensors, table top temperature monitoring devices, smart temperature monitoring patches, invasive temperature monitoring devices, and handheld temperature monitoring devices. The handheld temperature monitoring devices segment is further sub-segmented into digital thermometers, infrared thermometers, and mercury thermometers. In 2021, the handheld temperature monitoring devices segment is anticipated to contribute the largest market share owing to the non-traumatic and non-invasive nature of devices with high hygienic levels. Additionally, the factors such as easy accessibility, and reliable evaluation of temperature readings are expected to support the growth of the handheld temperature monitoring devices segment for the growth of the patient temperature monitoring market. Furthermore, the wearable continuous monitoring sensors segment is also projected to contribute to the growth of the patient temperature monitoring market owing to the early detection of sepsis and patient deterioration. Furthermore, the factors such as increased convenience to the aged population due to ease of use, and increased adoption for fitness in workplace and home care settings are estimated to support the growth of the wearable continuous monitoring sensors segment during the forecast period.
By Site
The site segment is classified into invasive temperature monitoring and non-invasive temperature monitoring. The non-invasive temperature monitoring segment is further sub-segmented into tympanic membrane temperature monitoring, oral temperature monitoring, and axillary and temporal artery temperature monitoring. The non-invasive temperature monitoring segment contributed the largest share to the growth of the patient temperature monitoring market in 2021. The factors such as increased accuracy and comfort levels of the devices and reduced hygiene-related concerns are expected to boost the growth of the non-invasive temperature monitoring segment during the forecast period. Also, the invasive temperature monitoring segments are estimated to witness substantial growth during the projected period owing to the factors such as the wide application of the devices and increased use in terms of neonatal care.
By Application
The application segment is divided into pyrexia/fever, hypothermia, anesthesia, blood transfusion, and other applications. The pyrexia/fever segment is anticipated to contribute the largest market share due to the rising prevalence of trauma and hemolysis cases which trigger the autoimmune response in the patient body combined with a growing aged population that is highly prone to such cases. The increased sensitivity to pain, dehydration, and fatigue are the major symptoms related to the high fever which boosts the need for patient temperature monitoring for diagnostic purposes. Additionally, the blood transfusion segment is also expected to support the growth of the patient temperature monitoring market owing to the high dependence on temperature levels for the transfusion and increased quality check of the donor’s blood.
By End-Use
The end-user segment is categorized into hospitals, ambulatory surgical centers, and diagnostic imaging centers. The hospitals segment contributed the largest market share in 2021 due to the increased availability of non-invasive temperature monitoring of patients and the rising inflow of patients in terms of infectious diseases diagnosis. The factors such as the availability of highly skilled medical professionals increased access to the latest medical tools and instruments, and growing reimbursements from the healthcare industry are projected to support the growth of the hospital segment in the patient temperature monitoring market. Moreover, the home care settings segment is also anticipated to witness significant growth owing to the increased remote temperature monitoring as a preventive measure, highly affordable as compared to hospitals or clinics, and customized treatment plans. Thus, the above-mentioned segments are projected to fuel the growth of the patient temperature monitoring market in the forecast period.
By Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. North America contributed the largest share to the growth of the patient temperature monitoring market in 2021. The factors such as the large volume of surgical interventions which require patient temperature monitoring as the primary assessment and increased spending on advanced and innovative medical devices are expected to boost the growth of the patient temperature monitoring market in the North American region. Further, Asia Pacific is also anticipated to support the growth of the patient temperature monitoring market as the country with the fastest-growing CAGR in 2021. The factors such as a significant rise in the demand for medically advanced facilities and increased expenditure on research and development of innovations in patient temperature monitoring devices are expected to support the market growth in the Asia Pacific region.
Patient Temperature Monitoring Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and Application launches have accelerated the growth of the Sample Preparation market. Key players in the market include-
- Masimo
- Microlife
- Koninklijke Philips N.V.
- Terumo Corporation
- Microlife Corporation
- 3M
- American Diagnostic Corporation
- Braun (Subsidiary of Procter & Gamble)
- Cardinal Health
Recent Developments
- In May 2020, the Canada-based firm named Neptune Wellness Solutions launched the Neptune Air which is a non-contact, infrared thermometer (NCIT).
- In July 2021, the product called Hicks DT-12 Digital Thermometer was launched by an Indian firm named Hicks, which provides features such as large memory, an automatic shut-off facility, and a beeper.
- In December 2021, Konica Minolta Inc. (Konica Minolta) developed a temperature monitoring solution called FORXAI Temperature Monitoring App (TMA) which is used for the management and storage of patient temperature data recorded constantly with the thermal edge camera.
Table of Content
- Introduction
- Market Introduction
- Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Limitations of the Study
- Product Picture of Patient Temperature Monitoring
- Global Patient Temperature Monitoring Market: Classification
- Geographic Scope
- Years Considered for the Study
- Research Methodology in brief
- Parent Market Overview
- Overall Patient Temperature Monitoring Market Regional Demand
- Research Programs/Design
- Market Breakdown and Data Triangulation Approach
- Data Source
- Secondary Sources
- Primary Sources
- Primary Interviews
- Average primary breakdown ratio
- Market Dynamics
- Drivers
- Drivers
- Restraints
- Restraints
- Opportunity
- Impact forces on market dynamics
- Impact forces during the forecast years
- Industry Value Chain
- Upstream analysis
- Downstream analysis
- Distribution Channel
- Direct Channel
- Indirect Channel
- Potential Customers
- Manufacturing/Operational Cost Analysis
- Pricing Analysis by Region
- Key Technology Landscape
- Regulatory Analysis
- Porter’s Analysis
- Supplier Power
- Buyer Power
- Substitution Threat
- Threat from New Entry
- Competitive Rivalry
- PESTEL Analysis
- Political Factors
- Economic Factor
- Social Factors
- Technological Factor
- Environmental Factors
- Legal Factor
- Covid-19 impact on Global Economy
- Covid-19 impact on Patient Temperature Monitoring demand
- Post-Covid Impact on Patient Temperature Monitoring Market Demand
- Impact Analysis of the Russia-Ukraine Conflict
- Drivers
- Global Patient Temperature Monitoring Market Segmentation, by Revenue (USD Billion), (2022-2030)
- By Product
- Wearable Continuous Monitoring Sensors
- Smart Temperature Monitoring Patches
- Table-Top Temperature Monitoring Devices
- Non-invasive Vital Signs Monitoring Devices
- Continuous Core Body Temperature Monitoring Devices
- Handheld temperature Monitoring Devices
- Digital Thermometers
- Infrared Thermometers
- Mercury Thermometers
- Invasive Temperature Monitoring Devices
- By Site
- Non Invasive 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
- Anesthesia
- Blood Transfusion
- Other Applications
- By End Use
- Hospitals
- Operating Rooms
- Emergency Rooms
- Intensive Care Units
- Home Care Settings
- Nursing Facilities
- Ambulatory Care Centers
- Other End Users
- Hospitals
- Non Invasive Temperature Monitoring
- By Product
- Global Patient Temperature Monitoring Market Overview, By Region
- North America Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- US
- By Product
- By Site
- By Application
- By End Use
- Canada
- Mexico
- US
- Europe Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Asia Pacific Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- China
- Japan
- Australia
- South Korea
- India
- ASEAN
- North America Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- Latin America Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- Brazil
- Argentina
- Chile
- Middle East and Africa Patient Temperature Monitoring Market Revenue (USD Billion), by Countries, (2022-2030)
- GCC
- Turkey
- South Africa
- Global Patient Temperature Monitoring Market Revenue: Competitive Analysis, 2021
- Key strategies by players
- Revenue (USD Billion and %), By manufacturers, 2021
- Player Positioning by Market Players, 2021
- Competitive Analysis
- Masimo
- Business Overview
- Business Financials (USD Billion)
- Product Category, Type, and Specification
- Main Business/Business Overview
- Geographical Analysis
- Recent Development
- Swot Analysis
- Microlife
- Koninklijke Philips N.V.
- Terumo Corporation
- Microlife Corporation
- 3M
- American Diagnostic Corporation
- Braun (Subsidiary of Procter & Gamble)
- Cardinal Health
- Masimo
- Market Research Findings & Conclusion
Disclaimer
Research Methodology
The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.