Patient Temperature Monitoring Market Outlook, Segments, Geography, Dynamics, Recent Developments, and Strategic Insights by 2031

Patient Temperature Monitoring Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: 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

  • Report Code : TIPHE100001234
  • Category : Medical Device
  • No. of Pages : 150
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Patient Temperature Monitoring Market Size and Share by 2031

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The patient temperature monitoring market size is projected to reach US$ 5.51 billion by 2031 from US$ 3.61 billion in 2023. The market is expected to register a CAGR of 5.8% during 2023–2031.  The growing prevalence of infectious and chronic diseases, followed by increasing awareness of continuous temperature monitoring and preventive care and a growing focus on remote patient monitoring in emerging nations, are likely to remain key trends in the market.

Patient Temperature Monitoring Market Analysis

A patient temperature monitoring system is a medical device that continuously tracks a patient body temperature, thus providing real-time data to healthcare professionals. The products include thermistors, infrared thermometers, digital thermometers and many others. These products are widely used in hospitals, healthcare settings, healthcare facilities, and homecare services. Variation in patient body temperature is a reaction to disease-specific stimuli. The human body regulates its normal temperature to support the body’s defense mechanism. Additionally, other clinical symptoms of temperature monitoring, such as hyperthermia or hypothermia, infection existence, and analysis of antimicrobial treatments, represent significant significance of continuous temperature monitoring. These benefits are expected to accelerate the adoption of thermometers during the forecast period.

Patient Temperature Monitoring Market Overview

The growth of the market is credited to some key driving factors, such as the increasing dominance of infectious and chronic diseases and growing awareness of continuous temperature monitoring and preventive care. However, the high cost of advanced temperature monitoring devices in emerging nations is estimated to hinder the growth of the market to a certain extent during the forecast years. The global patient temperature monitoring market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. In North America, the U.S. is the major market for patient temperature monitoring. The growth of the region is attributed to an increase in the demand for patient monitoring and the growing prevalence of fever and associated conditions.

Additionally, increasing focus on technology partnerships and distribution collaborations are also projected to drive the growth of the patient temperature monitoring market in North America. The Asia Pacific region is expected to account for the fastest growth in the patient temperature monitoring market. An increasing awareness among the population for chronic disorders and an aging population are anticipated to drive the Asia Pacific patient temperature monitoring market during the forecast period

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Patient Temperature Monitoring Market: Strategic Insights

Patient Temperature Monitoring Market

  • CAGR (2023 - 2031)
    5.8%
  • Market Size 2023
    US$ 3.61 Billion
  • Market Size 2031
    US$ 5.51 Billion

Market Dynamics

GROWTH DRIVERS
  • Growing Prevalence of Infectious and Chronic Diseases
  • Increasing Awareness of Continuous Temperature Monitoring and Preventive Care
FUTURE TRENDS
  • The growing prevalence of infectious and chronic diseases, followed by increasing awareness of continuous temperature monitoring and preventive care and a growing focus on remote patient monitoring in emerging nations
OPPORTUNITIES
  • Increasing R&D Activities and Product Launches

Key Players

  • 3M
  • American Diagnostic Corporation
  • Cardinal Health Inc.
  • Drägerwerk AG & Co. KGaA
  • OuraAva Science Inc.
  • Tempdrop LLC.
  • Braun GmbH (P&G Brand)Biofourmis Inc.
  • Fertility Focus Limited
  • Fairhaven Health, LLC
  • VivoSensMedical GmbH

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Product
  • Kits & Reagents
  • Instruments
Disease Indication
  • Human Immunodeficiency Virus
Technology
  • Immunodiagnostics
  • Polymerase Chain Reaction
End User
  • Hospitals & Clinics
  • Pathology or Diagnostic Laboratories
  • Research Institutes
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Patient Temperature Monitoring Market Drivers and Opportunities

Growing Prevalence of Infectious and Chronic Diseases

Healthcare systems across the globe are observing massive growth in the prevalence of infectious diseases. Additionally, chronic conditions such as cancer, diabetes, and cardiovascular conditions are witnessing a significant rise in its prevalence across the globe. For instance, according to the Centers for Disease Control and Prevention (CDC), almost 6 in 10 people in the US suffered from at least one chronic disease, and 4 in 10 people had two or more chronic diseases in 2019. Measuring body temperature plays an essential role in assessing the body condition. Moreover, temperature variation is a prominent factor in disease diagnosis. The association of temperature variation and the occurrence of disease is projected to drive the acceptance of patient temperature monitoring systems. Therefore, the adoption of patient temperature monitoring systems is likely to accelerate during the coming years

Increasing R&D Activities and Product Launches

The extensive number of R&D activities are being conducted by industry players to develop advanced temperature monitoring systems. These technology partnerships are likely to offer significant opportunities for the new product launches and the introduction of a wide variety of products during the forecast period. For instance, in April 2020, the partnership of Bioclinica and VivaLNK announced the launch of an advanced remote patient body temperature monitoring for clinical trials. According to the companies, the solution is anticipated to provide comprehensive patient body temperature data from any remote location, whether it may be a home or a research facility. Thus, the increasing number of R&D activities, coupled with the growing number of viral outbreaks, is also projected to drive the market growth during the forecast period. For instance, in April 2020, Aranet, a wireless sensor IOT manufacturer, launched an advanced temperature monitoring system to deal with the increasing incidence of COVID-19 across the globe.

Patient Temperature Monitoring Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Patient Temperature Monitoring market analysis are product type, site, and applications.

  • Based on type, the patient temperature monitoring market is divided into wearable continuous monitoring sensors, smart temperature monitoring patches, table-top temperature monitoring devices, handheld temperature monitoring devices, and invasive temperature monitoring devices. The wearable continuous monitoring sensors segment held the largest share of the market in 2023.
  • By site, the market is segmented into noninvasive temperature monitoring and invasive temperature monitoring. The noninvasive temperature monitoring segment held the largest share of the market in 2023.
  • In terms of application, the market is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and other applications. The pyrexia/fever segment held a significant share of the market in 2023.

Patient Temperature Monitoring Market Share Analysis by Geography

The geographic scope of the patient temperature monitoring market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. North America has the largest market share of the patient temperature monitoring market by geography. US is the largest market for patient temperature monitoring market. The growth of this market is primarily determined by the increasing prevalence of chronic and infectious diseases, a growing amount of product launches by key players, and an increasing focus on preventive measures to deal with disease prevalence and patient monitoring. Technological advancements have enhanced the safe and effective management of preventive care at home.

Moreover, these devices have the capability to offer information from any remote location. These factors are anticipated to drive the US market. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.

Patient Temperature Monitoring Market Report Scope

Report Attribute Details
Market size in 2023 US$ 3.61 Billion
Market Size by 2031 US$ 5.51 Billion
Global CAGR (2023 - 2031) 5.8%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product
  • Kits & Reagents
  • Instruments
By Disease Indication
  • Human Immunodeficiency Virus
By Technology
  • Immunodiagnostics
  • Polymerase Chain Reaction
By End User
  • Hospitals & Clinics
  • Pathology or Diagnostic Laboratories
  • Research Institutes
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • 3M
  • American Diagnostic Corporation
  • Cardinal Health Inc.
  • Drägerwerk AG & Co. KGaA
  • OuraAva Science Inc.
  • Tempdrop LLC.
  • Braun GmbH (P&G Brand)Biofourmis Inc.
  • Fertility Focus Limited
  • Fairhaven Health, LLC
  • VivoSensMedical GmbH
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Patient Temperature Monitoring Market News and Recent Developments

    The Patient Temperature Monitoring market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the patient temperature monitoring market are listed below:

    • Adventist Health Hanford has recently acquired the IQoolTM temperature management system, an innovative technology that delivers hypothermia treatment for patients when clinically indicated. The IQool™ System employs targeted temperature management (TTM) to monitor and automatically maintain patients' body temperature at 32°C to 39°C. (Source: Adventist Health, Press Release, May 2024)
    • Dallas-based medtech company SpotSee has launched TempMonitor, a simple and affordable single-use temperature indicator designed for patients who rely on insulin and Glucagon-like peptide-1 (GLP-1) medications. By using TempMonitor, patients can gain peace of mind knowing that their medications are stored and transported within the recommended temperature range. (Source: Cipla, Press Release, April 2024)

    Patient Temperature Monitoring Market Report Coverage and Deliverables

    The “Patient Temperature Monitoring Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Patient temperature monitoring market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Patient Temperature Monitoring market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Patient temperature monitoring market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Patient Temperature Monitoring market
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Product ; Site ; Application , and Geography

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    Which region dominated the Patient Temperature Monitoring market in 2023?

    Based on geography, the Patient Temperature Monitoring market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). North America is the largest contributor to the growth of the global patient temperature monitoring market. Asia pacific is expected to register the highest cagr in the patient temperature monitoring market during 2023–2031

    What are the driving factors impacting the Patient Temperature Monitoring market?

    The growing prevalence of infectious and chronic diseases, followed by increasing awareness of continuous temperature monitoring and preventive care, primarily drives the patient temperature monitoring market size.

    Which are the leading players operating in the Patient Temperature Monitoring market?

    The Patient Temperature Monitoring market majorly consists of the players such 3M; American Diagnostic Corporation; Cardinal Health Inc.; Drägerwerk AG & Co. KGaA; OuraAva 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.

    What would be the estimated value of the Patient Temperature Monitoring market by 2031?

    The Patient Temperature Monitoring market size is projected to reach US$ 5.51 billion by 2031

    What is the expected CAGR of the Patient Temperature Monitoring market?

    The market is expected to register a CAGR of 5.8% during 2023–2031

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