Global Patient Temperature Monitoring Market Is Expected To Rise From Its Initial Estimated Value Of Usd 2.55 Billion In 2018 To An Estimated Value Of Usd 3.74 Billion By 2026 Registering A Cagr Of 4.9% In The Forecast Period Of 2019-2026. This Rise In The Market Can Be Attributed To The Increasing Number Of Infectious Diseases And Rising Pediatric And Geriatric Population Over The World.
The market parameters of Patient Temperature Monitoring report are of immense use to analyse market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. Key data and information used while forming this report has been gathered from the consistent sources that range from journals, websites, research papers, case studies, and magazines. This market research report is a careful investigation of current scenario of the market and future estimations which deals with several market dynamics. Healthcare industry can achieve great benefits with Patient Temperature Monitoring market research report which brings market and competitive landscape clearly into the focus and assist to make better decisions.
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Few of the major market competitors currently working in the patient temperature monitoring market are Cardinal Health, Koninklijke Philips N.V., Hill-Rom Services Inc., Drgerwerk AG & Co. KGaA, Terumo Medical Corporation, Masimo, Microlife Corporation, Procter & Gamble, Actherm Inc., American Diagnostic Corporation, Briggs Healthcare, HICKS, Medtronic, Sanomedics International Holdings Inc., Welch Allyn, Medium Healthcare, Cosinuss GmbH, Helen of Troy, Omron Healthcare, Inc., and BD
- Rising number of various surgical procedures has increased the demand for these devices
- Constant innovations and technological developments in the industry will act as a major market driver
- High cost of developed temperature monitoring devices is acting as a major restraint for the market
- Low awareness regarding these devices in developing nations act as a major factor hampering the market growth
Key Developments in the Market:
In March, 2018, Medtronicand Lehigh Valley Health Network signed a partnership agreement to deliver different value-based healthcare programs. This will help in improving the patient outcome and minimizing the cost
In June, 2018, Clayton, Dubilier & Rice and Cardinal Health announced their partnership for accelerating the growth of naviHealth. This will enhance the growth of the company. This will also assist in building good customer relation by providing information related to health systems.
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Segmentation: Global Patient Temperature Monitoring Market
(Wearable Continuous Temperature Sensors, Smart Temperature Monitoring Patches, Table-top Temperature Monitoring Devices, Handheld Temperature Monitoring Devices, Invasive Temperature Monitoring Devices),
(Non-invasive Temperature Monitoring, Invasive Temperature Monitoring),
(Pyrexia/Fever, Hypothermia, Blood Transfusion, Anesthesia, Other),
(Hospital and Surgical Centers, Nursing Facilities, Home care, Ambulatory Care Centers, Other),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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