The North America patient temperature monitoring market is expected to reach US$ 2,021.51 million by 2027 from US$ 1,331.42 million in 2019; it is estimated to grow at a CAGR of 5.5% from 2020 to 2027.
The key factors driving the growth of patient temperature monitoring are growing prevalence of infectious and chronic diseases and growing awareness of continuous temperature monitoring and preventive care in the region. However, risks associated with the invasive temperature monitoring is the major factor hindering the market growth in North America.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. There are several products available in the market as per requirement. With the advent of technological advancements, the temperature monitoring is gradually shifting towards remote patient temperature monitoring.
Variation in patient body temperature is a reaction to disease-specific stimuli. Human body regulates its normal temperature to support the body’s own defence mechanism. Additionally, other clinical indications of temperature monitoring such as hypothermia or hyperthermia, infection existence, and analysis of antimicrobial treatments represent 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 and developing countries is undergoing rapid shift from conventional care to preventive care. Healthcare institutions and people 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 focus on implementing these preventive measures to prevent or minimize the occurrence of disease. For instance, the Centers of Disease Control and Prevention recommends that all business units should screen the employees’ temperature on daily basis. Such rising emphasis on preventive care and continuous temperature monitoring are extensively projected to drive the North America Patient Temperature Monitoring market growth during the forecast period.
Research institutes, pharmaceutical, and biotech companies are engaged in collaborative work to address the COVID-19 outbreak. The COVID-19 crisis in the region has led to increased adoption of temperature monitoring devices, as it is one of the major factor in diagnosis of COVID-19 infection. Moreover, significant number of players also launched new devices and platform to keep track of patient’s health on the basis of body temperature with increasing incidence of COVID-19 and keep track of patient’s health are certainly projected to have positive impact of adoption of patient temperature monitoring.
Mexico Patient Temperature Monitoring Market, Revenue And Forecast To 2027 (Us$ Mn)
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NORTH AMERICA PATIENT TEMPERATURE MONITORING MARKET SEGMENTATION
By Product
- Handheld Temperature Monitoring Devices
- Table-Top Temperature Monitoring Devices
- Invasive Temperature Monitoring Devices
- Smart Temperature Monitoring Patches
- Wearable Continuous Monitoring Sensors
By Site
- Noninvasive Temperature Monitoring
- Invasive Temperature Monitoring
By Application
- Pyrexia/Fever
- Anesthesia
- Blood Transfusion
- Hypothermia
- Other Applications
By Country
- US
- Canada
- Mexico
Company Profiles
- 3M
- American Diagnostic Corporation
- Cardinal Health Inc
- Biofourmis Inc,
- Fairhaven Health, LLC
- Cycle Technologies
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Site, Application , and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Patient Temperature Monitoring Market – By Product
1.3.2 North America Patient Temperature Monitoring Market – By Site
1.3.3 North America Patient Temperature Monitoring Market– By Application
1.3.4 North America Patient Temperature Monitoring Market – By Country
2. North America Patient Temperature Monitoring Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Patient Temperature Monitoring Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Patient Temperature Monitoring Market - North America PEST Analysis
4.3 Expert Opinion
5. North America Patient Temperature Monitoring Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Prevalence of Infectious and Chronic Diseases
5.1.2 Increasing Awareness of Continuous Temperature Monitoring and Preventive Care
5.2 Key Market Restraints
5.2.1 Risks Associated With the Invasive Temperature Monitoring Devices
5.3 Key Market Opportunities
5.3.1 Increasing R&D Activities and Product Launches
5.4 Future Trends
5.4.1 Growing Focus on Remote Patient Monitoring
5.5 Impact Analysis
6. Patient Temperature Monitoring Market – North America Analysis
6.1 North America Patient Temperature Monitoring Market Revenue Forecasts and Analysis
7. North America Patient Temperature Monitoring Market Analysis and Forecasts To 2027 – By Product
7.1 Overview
7.2 North America Patient Temperature Monitoring Market, By Product 2019 & 2027 (%)
7.2.1 North America Patient Temperature Monitoring Market Revenue and Forecasts to 2027, By Product (US$ Mn)
7.3 Wearable Continuous Monitoring Sensors
7.3.1 Overview
7.3.2 North America Wearable Continuous Monitoring Sensors Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Smart Temperature Monitoring Patches
7.4.1 Overview
7.4.2 North America Smart Temperature Monitoring Patches Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Table-Top Temperature Monitoring Devices
7.5.1 Overview
7.5.2 North America Table-Top Temperature Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)
7.5.3 Non-invasive Vital Signs Monitoring Devices
7.5.3.1 Overview
7.5.3.2 North America Non-invasive Vital Signs Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)
7.5.4 Continuous Core Body Temperature Monitoring Devices
7.5.4.1 Overview
7.5.4.2 North America Continuous Core Body Temperature Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)
7.6 Handheld Temperature Monitoring Devices
7.6.1 Overview
7.6.2 North America Handheld Temperature Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)
7.6.3 Mercury Thermometers
7.6.3.1 Overview
7.6.3.2 North America Mercury Thermometers Market Revenue and Forecast to 2027 (US$ Mn)
7.6.4 Digital Thermometers
7.6.4.1 Overview
7.6.4.2 North America Digital Thermometers Market Revenue and Forecast to 2027 (US$ Mn)
7.6.5 Infrared Thermometers
7.6.5.1 Overview
7.6.5.2 North America Infrared Thermometers Market Revenue and Forecast to 2027 (US$ Mn)
7.7 Invasive Temperature Monitoring Devices
7.7.1 Overview
7.7.2 North America Invasive Temperature Monitoring Devices Market Revenue and Forecast to 2027 (US$ Mn)
8. North America Patient Temperature Monitoring Market Analysis and Forecasts To 2027 – By Site
8.1 Overview
8.2 North America Patient Temperature Monitoring Market, By Site 2019 & 2027 (%)
8.2.1 North America Patient Temperature Monitoring Market Revenue and Forecasts to 2027, By Site (US$ Mn)
8.3 Non-invasive Temperature Monitoring
8.3.1 Overview
8.3.2 North America Non-invasive Temperature Monitoring Market Revenue and Forecast to 2027 (US$ Mn)
8.3.3 Oral Temperature Monitoring
8.3.3.1 Overview
8.3.3.2 North America Oral Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.4 Axillary and Temporal Artery Temperature Monitoring
8.3.4.1 Overview
8.3.4.2 North America Axillary and Temporal Artery Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.5 Tympanic Membrane Temperature Monitoring
8.3.5.1 Overview
8.3.5.2 North America Tympanic Membrane Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Invasive Temperature Monitoring
8.4.1 Overview
8.4.2 North America Invasive Temperature Monitoring Market Revenue and Forecast to 2027 (US$ Mn)
8.4.3 Esophageal Temperature Monitoring
8.4.3.1 Overview
8.4.3.2 North America Esophageal Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.4 Nasopharynx Temperature Monitoring
8.4.4.1 Overview
8.4.4.2 North America Nasopharynx Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.5 Urinary Bladder Temperature Monitoring
8.4.5.1 Overview
8.4.5.2 North America Urinary Bladder Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.6 Rectal Temperature Monitoring
8.4.6.1 Overview
8.4.6.2 North America Rectal Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Patient Temperature Monitoring Market Analysis – By Application
9.1 Overview
9.2 North America Patient Temperature Monitoring Market, By Application 2019-2027 (%)
9.2.1 North America Patient Temperature Monitoring Market Revenue and Forecasts to 2027, By Application (US$ Mn)
9.3 Pyrexia/Fever
9.3.1 Overview
9.3.2 North America Pyrexia/Fever Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Hypothermia
9.4.1 Overview
9.4.2 North America Hypothermia Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Blood Transfusion
9.5.1 Overview
9.5.2 North America Blood Transfusion Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Anaesthesia
9.6.1 Overview
9.6.2 North America Anaesthesia Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Other Applications
9.7.1 Overview
9.7.2 North America Other Applications Market Revenue and Forecasts to 2027 (US$ Mn)
10. Patient Temperature Monitoring Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 North America Patient temperature monitoring Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 North America: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 North America Patient Temperature Monitoring Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.3.1 North America Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.3.2 North America Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.4 North America Patient Temperature Monitoring Market, by Site – Revenue and Forecast to 2027 (USD Million)
10.1.4.1 North America Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.4.2 North America Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.5 North America Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.6 North America: Patient Temperature Monitoring Market, by Country, 2019 & 2027 (%)
10.1.7 US: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 US: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 US Patient Temperature Monitoring Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.7.2.1 US Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.7.2.2 US Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 US Patient Temperature Monitoring Market, by Site – Revenue and Forecast to 2027 (USD Million)
10.1.7.3.1 US Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.7.3.2 US Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.7.4 US Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.8 Canada Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Canada: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Canada Patient Temperature Monitoring Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.8.2.1 Canada Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.8.2.2 Canada Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Canada Patient Temperature Monitoring Market, by Site – Revenue and Forecast to 2027 (USD Million)
10.1.8.3.1 Canada Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.8.3.2 Canada Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Canada Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.9 Mexico Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Mexico: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Mexico Patient Temperature Monitoring Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.9.2.1 Mexico Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.9.2.2 Mexico Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
10.1.9.3 Mexico Patient Temperature Monitoring Market, by Site – Revenue and Forecast to 2027 (USD Million)
10.1.9.3.1 Mexico Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.9.3.2 Mexico Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
10.1.9.4 Mexico Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on North America Patient temperature monitoring Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 3M
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 American Diagnostic Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cardinal Health Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Biofourmis Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Fairhaven Health, LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Cycle Technologies
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Patient Temperature Monitoring Market Revenue and Forecasts To 2027, By Product (US$ Mn)
Table 2. North America Patient Temperature Monitoring Market Revenue and Forecasts To 2027, By Site (US$ Mn)
Table 3. North America Patient Temperature Monitoring Market Revenue and Forecasts To 2027, By Application (US$ Mn)
Table 4. North America Patient Temperature Monitoring Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 5. North America Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 6. North America Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 7. North America Patient Temperature Monitoring, by Site– Revenue and Forecast to 2027 (USD Million)
Table 8. North America Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 9. North America Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 10. North America Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 11. US Patient Temperature Monitoring Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 12. US Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 13. US Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 14. US Patient Temperature Monitoring, by Site– Revenue and Forecast to 2027 (USD Million)
Table 15. US Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 16. US Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 17. US Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. Canada Patient Temperature Monitoring Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 19. Canada Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 20. Canada Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 21. Canada Patient Temperature Monitoring, by Site– Revenue and Forecast to 2027 (USD Million)
Table 22. Canada Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 23. Canada Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 24. Canada Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 25. Mexico Patient Temperature Monitoring Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 26. Mexico Patient Temperature Monitoring Market, by Handheld Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 27. Mexico Patient Temperature Monitoring Market, by Table-Top Temperature Monitoring Devices – Revenue and Forecast to 2027 (USD Million)
Table 28. Mexico Patient Temperature Monitoring, by Site– Revenue and Forecast to 2027 (USD Million)
Table 29. Mexico Patient Temperature Monitoring Market, by Non-invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 30. Mexico Patient Temperature Monitoring Market, by Invasive Temperature Monitoring – Revenue and Forecast to 2027 (USD Million)
Table 31. Mexico Patient Temperature Monitoring Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 32. Glossary of Terms, Patient Temperature Monitoring Market
LIST OF FIGURES
Figure 1. Patient Temperature Monitoring Market Segmentation
Figure 2. North America Patient Temperature Monitoring Market Overview
Figure 3. Handheld Temperature Monitoring Devices Segment Held Largest Share of Patient Temperature Monitoring Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. North America Patient Temperature Monitoring Market - Leading Country Markets (US$ Mn)
Figure 6. Patient Temperature Monitoring Market - North America PEST Analysis
Figure 7. Patient Temperature Monitoring Market Impact Analysis of Driver and Restraints
Figure 8. North America Patient Temperature Monitoring Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. North America Patient Temperature Monitoring Market, By Product 2019 & 2027 (%)
Figure 10. North America Wearable Continuous Monitoring Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. North America Smart Temperature Monitoring Patches Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. North America Table-Top Temperature Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Non-invasive Vital Signs Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. North America Continuous Core Body Temperature Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Handheld Temperature Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. North America Mercury Thermometers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. North America Digital Thermometers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America Infrared Thermometers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Invasive Temperature Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America Patient Temperature Monitoring Market, By Site 2019 & 2027 (%)
Figure 21. North America Non-invasive Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. North America Oral Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. North America Axillary and Temporal Artery Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. North America Tympanic Membrane Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. North America Invasive Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. North America Esophageal Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. North America Nasopharynx Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. North America Urinary Bladder Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. North America Rectal Temperature Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. North America Patient Temperature Monitoring Market, by Application 2019 & 2027 (%)
Figure 31. North America Pyrexia/Fever Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. North America Hypothermia Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 33. North America Blood Transfusion Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. North America Anaesthesia Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 35. North America Others Applications Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 36. North America: Patient Temperature Monitoring Market, by Key Country – Revenue (2019) (USD Million)
Figure 37. North America Patient Temperature Monitoring Market Revenue and Forecast to 2027 (USD Million)
Figure 38. North America: Patient Temperature Monitoring Market, by Country, 2019 & 2027 (%)
Figure 39. US: Patient Temperature Monitoring market – Revenue and Forecast to 2027 (USD Million)
Figure 40. Canada: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
Figure 41. Mexico: Patient Temperature Monitoring Market – Revenue and Forecast to 2027 (USD Million)
Figure 42. Impact of COVID-19 Pandemic in North American Country Markets
- 3M
- American Diagnostic Corporation
- Cardinal Health Inc
- Biofourmis Inc,
- Fairhaven Health, LLC
- Cycle Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
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.
- 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:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
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.
- 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.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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Aug 2020
Bariatric Surgeries Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch (BPD-DS), and Others], End User (Hospitals and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Aug 2020
Post-Acute Care Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others), and Geography
Aug 2020
Lung Cancer Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Therapy Type (Noninvasive and Minimally Invasive), Indication (Non-Small Cell Lung Cancer and Small Cell Lung Cancer), End User (Hospitals, Oncology Clinics, Research Centers, and Others), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)