Report : Patient Temperature Monitoring Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (Wearable Continuous Monitoring Sensors, Smart Temperature Monitoring Patches, Table-Top Temperature Monitoring Devices, Handheld Temperature Monitoring Devices, and Invasive Temperature Monitoring Devices); Site (Noninvasive Temperature Monitoring and Invasive Temperature Monitoring); Application (Pyrexia/Fever, Hypothermia, Blood Transfusion, Anesthesia, and Other Applications), and Geography
Patient Temperature Monitoring Market for Pyrexia/Fever Segment to Grow at Fast Pace during Forecast Period
According to The Insight Partners market research study on “Patient Temperature Monitoring Market to 2027 – Global Analysis and Forecasts by Product, Site, and Application,” the market is expected to reach US$ 4,386.01 Mn by 2027 from US$ 2,946.47 Mn in 2019. It is estimated to grow at a CAGR of 5.2% from 2020 to 2027. The report provides trends prevailing in the global patient temperature monitoring market and the factors driving the market growth along with those restraining it.
The growth of the patient temperature monitoring market is attributed to the growing prevalence of chronic and infectious diseases, and increasing awareness regarding the benefits and usefulness of patient temperature monitoring. The global patient temperature monitoring market, based on application, is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and other applications (sleep management and weight management). The pyrexia/fever segment held the largest share of the market in 2019, and it is estimated to register the highest CAGR in during the forecast period.
Leading companies operating in the patient temperature monitoring market are 3M, American Diagnostic Corporation, Cardinal Health Inc., Drägerwerk AG & Co. KGaA, Oura, Ava Science Inc, Tempdrop LLC., Braun GmbH (P&G Brand), Biofourmis Inc., Fertility Focus Limited, Fairhaven Health, LLC, VivoSensMedical GmbH, Valley Electronics AG, Cycle Technologies, and Natural Cycles Nordic AB, among others.
The report segments global patient temperature monitoring market as follows:
Global Patient Temperature Monitoring Market – By Product
Global Patient Temperature Monitoring Market – By Site
Global Patient Temperature Monitoring Market – By Application