Patient Temperature Monitoring Market to Grow at a CAGR of 5.2% to reach US$ 4,386.01 Million from 2020 to 2027

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

  • Report Code : TIPHE100001234
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 225
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The patient temperature monitoring market was valued at US$ 2,946.47 million in 2019 and is expected reach US$ 4,386.01 million in 2027; it is projected to grow at a CAGR of 5.2% from 2020 to 2027.

Patient temperature monitoring involves keeping an eye on temperature variations in patients. Rise in temperature in commonly observed indication during viral infection or many other critical health-related conditions, which makes it an important aspect for disease diagnosis.

The patient temperature monitoring market is driven by factors such as increasing prevalence of infectious and chronic conditions, and increasing awareness regarding the importance of temperature monitoring. Additionally, rising number of technology and distribution collaborations are also anticipated to drive the market growth in the coming years. However, the high cost of advanced temperature monitoring devices in emerging nations is the factor hampering the growth of the market. The developing healthcare infrastructure and integration of advanced technological platforms in temperature monitoring procedures generate lucrative opportunities to the market players.

Lucrative Regional Markets for Patient Temperature Monitoring Systems

Lucrative Regional Markets for Patient Temperature Monitoring Systems
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.


Market Insights

Growing Awareness of Continuous Temperature Monitoring and Preventive Care

Variation in patient body temperature is reaction to disease-specific stimuli. Human body regulates its normal temperature in order to support the body’s own defense mechanisms. Additionally, other clinical indications of temperature monitoring such as hypothermia or hyperthermia, infection existence, and analysis of antimicrobial treatments represents significant importance of continuous temperature monitoring. These benefits are expected to accelerate the adoption of thermometers during the forecast period.

Majority of the population in developed as well as developing countries is undergoing rapid shift from conventional care to preventive care. Healthcare institutions and people across the globe are implementing the concept of preventive care and holistic wellness approach to treat health related conditions. This novel concept of preventive care includes planned doctor visits, immunizations, medications, and screenings. Continuous patient temperature monitoring is one of the important aspects in preventive care. Further, government authorities also focus on implementing these preventive measures to prevent or minimize the occurrence of disease. For instance, Centers of Disease Control and Prevention recommends that all business units should screen the employees’ temperature on daily basis in order keep track of this prime body vital sign. Such rising emphasis on preventive care and continuous temperature monitoring are extensively projected to drive the market growth during the forecast period.

Product- Based Insights

Based on product, the patient temperature monitoring market is segmented into wearable continuous monitoring sensors, smart temperature monitoring patches, table-top temperature monitoring devices, handheld temperature monitoring devices, and invasive temperature monitoring devices. Table-top temperature monitoring devices are further classified as noninvasive vital signs monitoring devices and continuous core body temperature monitoring devices. Moreover, the market for handheld temperature monitoring devices is subsegmented into digital thermometers, infrared thermometers, and mercury thermometers. In 2019 handheld patient monitoring devices held the largest share of the market, and it is further projected to register the highest CAGR during the forecast period.

Global Patient Temperature Monitoring Market, by Product – 2019 and 2027

Global Patient Temperature Monitoring Market, by Product – 2019 and 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Site- Based Insights

Based on site, the patient temperature monitoring market is segmented into noninvasive temperature monitoring and invasive temperature monitoring. The market for noninvasive temperature monitoring segment is further segmented into oral temperature monitoring, axillary and temporal artery temperature monitoring, and tympanic membrane temperature monitoring. Moreover, the market for invasive temperature monitoring is subsegmented into nasopharynx temperature monitoring, esophageal temperature monitoring, rectal temperature monitoring, and urinary bladder temperature monitoring. The noninvasive temperature monitoring segment held a larger share of the market in 2019; in addition, it is estimated to register a higher CAGR in the market during the forecast period.

Application-Based Insights

Based on application, the patient temperature monitoring market is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and other applications (sleep, weight management). In 2019, pyrexia/fever segment held the largest share of the market on the back of the increasing adoption of thermometers to monitor and detect fever. The market for pyrexia/fever segment is also estimated to grow at the highest CAGR during the forecast period.

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Patient Temperature Monitoring Market: Strategic Insights

patient-temperature-management-market
Market Size Value inUS$ 2,946.47 Million in 2019
Market Size Value byUS$ 4,386.01 Million by 2027
Growth rateCAGR of 5.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Growing number of technological and distribution collaborations and increasing emphasis on preventive care in developed, as well as developing, countries are projected to drive the market growth during the forecast period. Additionally, the introduction of temperature monitoring systems with increasing efficiencies to predict the occurrence of diseases also offers lucrative growth opportunities to the market players.

Global Patient temperature monitoring market – By Product

  • Wearable Continuous Monitoring Sensors
  • Smart Temperature Monitoring Patches
  • Table-Top Temperature Monitoring Devices
    • Non-invasive Vital Signs Monitoring Devices Market
    • Continuous Core Body Temperature Monitoring Devices Market
  • Handheld Temperature Monitoring Devices
    • Mercury Thermometers Market
    • Digital Thermometers Market
    • Infrared Thermometers Market
  • Invasive Temperature Monitoring Devices

Global Patient temperature monitoring market – By Site

  • Noninvasive Temperature Monitoring
    • Oral Temperature Monitoring Market
    • Axillary and Temporal Artery Temperature Monitoring Market
    • Tympanic Membrane Temperature Monitoring Market
  • Invasive Temperature Monitoring
    • Esophageal Temperature Monitoring Market
    • Nasopharynx Temperature Monitoring Market
    • Urinary Bladder Temperature Monitoring Market
    • Rectal Temperature Monitoring Market

Global Patient temperature monitoring market – By Application

  • Pyrexia/Fever
  • Hypothermia
  • Blood Transfusion
  • Anesthesia
  • Other Applications (Sleep, Weight Management)

Global Patient temperature monitoring market – By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South and Central America

    • Brazil
    • Argentina
    • Rest of South America

Company Profiles

  • 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
  • Natural Cycles Nordic AB  
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


What is patient temperature monitoring?

Patient temperature monitoring deals with the keeping an eye on temperature variations in the patients. Rise in temperature in commonly observed indication during viral infection or any other critical health related condition. Hence, it is an important aspect for disease diagnosis.

What are the driving factors for the patient temperature monitoring market across the globe?

Increasing prevalence of fever and associated conditions due to increasing prevalence of infectious diseases is driving the global bioreactors market.

Who are the major players in the patient temperature monitoring market?

3M and Cardinal Health Inc. are the major players in the market.

The List of Companies - Patient Temperature Monitoring Market

  1. 3M
  2. American Diagnostic Corporation
  3. Cardinal Health Inc.
  4. Drägerwerk AG & Co. KGaA
  5. Oura
  6. Ava Science Inc.
  7. Tempdrop LLC.
  8. Braun GmbH (P&G Brand)
  9. Biofourmis Inc.
  10. Fertility Focus Limited
  11. Fairhaven Health, LLC
  12. VivoSensMedical GmbH
  13. Valley Electronics AG
  14. Cycle Technologies
  15. Natural Cycles Nordic AB  

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

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The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

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