Global Temperature Monitoring Devices Market Overview And Prospects
Learn about the global temperature monitoring devices market through The Business Research Company, which provides information on temperature monitoring devices market size, temperature monitoring devices market drivers and restraints, temperature monitoring devices market players, the COVID-19 impact on the temperature monitoring devices market, and more.
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The global temperature monitoring devices market is expected to decline from $1.61 billion in 2020 to $1.5 billion in 2021 at a compound annual growth rate (CAGR) of -6.8%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The temperature monitoring devices market is expected to reach $1.84 billion in 2025 at a CAGR of 5.2%.
The increase in the prevalence of chronic and infectious diseases is expected to drive innovation in temperature monitoring devices manufacturing, thus driving the market during the forecast period.
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The 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 who are manufacturing temperature monitoring devices.
Global temperature monitoring devices market segments include:
By Type: Contact-Based Temperature Monitoring Systems, Non-Contact-Based Temperature Monitoring Systems
By Application: Oral Cavity, Rectum, Ear, Others
By End User: Hospital and Surgical Centres, Nursing Facilities, Ambulatory Care Centres, Home Care, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The companies in the temperature monitoring devices market are focusing on the manufacturing of wearable temperature monitoring devices. Wearable thermometer is a digital thermometer which measures the temperature by using medium like touch, patch. It is connected to smart devices like phones, tablets, laptops and allows continuous monitoring of temperatures. Products like fit bit, apple watch, temperature strips, temperature patches are wearable temperature monitoring devices that are widely used for monitoring temperature.
TBRC’s temperature monitoring devices market report covers:
Major Market Players: 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.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Temperature Monitoring Devices Global Market Report 2021: COVID-19 Implications And Growthto 2030 is one of a series of new reports from The Business Research Company that provides temperature monitoring devices market overviews, analyzes and forecasts market size, share, temperature monitoring devices market players, temperature monitoring devices market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s temperature monitoring devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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