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Patient Temperature Monitoring Market Global Industry Perspective, Comprehensive Analysis and Forecast 2030

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john clinton
Patient Temperature Monitoring Market Global Industry Perspective, Comprehensive Analysis and Forecast 2030

Patient Temperature Monitoring Market Overview

The growing acceptance of patient temperature monitoring accustomed by its technical advances is one of the major trends witnessed in the global patient temperature monitoring market over the forecast period.According to National Heart, Lung, and Blood Institute, A blood transfusion is a safe, common procedure in which blood from a donor. however, every two seconds someone in the United States needs blood. Five million people receive a blood transfusion every year in the US.Other key factors such significant investments in R&D and expansions undertaken by key players are contributing towards the growth of the market. However, challenges such as high cost of advanced temperature monitoring devices in developing countries, is likely to curb the market growth during the forecast period.

Patient Temperature Monitoring Market are a wide range of devices used to monitor various parameters of a patient, including heart rate, the respiratory system’s performance and output, temperature, and weight. The growing healthcare expenditure to improve the quality of care afforded in hospitals is likely to be the major driver for the global patient monitoring devices market over the forecast period. Hospitals are doing their best to care for their patients by monitoring all the relevant parameters, which has led to growing demand from the global patient monitoring devices market. The increasing investment in government as well as private hospitals is likely to be a major driver for the global Patient Temperature Monitoring Market in the coming years. The growing emphasis on technological updation to suit the needs of the day is also likely to drive further advances in the global patient monitoring devices market over the forecast period.

Equally, and perhaps more, the global patient monitoring devices market is set to be driven by the growing demand for body-worn patient monitoring devices such as heart rate monitors, weight monitors, and blood sugar monitors. The growing fitness-conscious demographic in developed regions around the world has led to a growing demand for such convenient ways of measuring the impact of fitness activities on the body. The growing demand for wearable patient monitoring devices is likely to be a key feature of the global market over the forecast period due to the increasing interest of urban consumers in small, portable monitoring devices and their increasing disposable income, which is making it easier for them to acquire such devices. The growing availability of wearable monitoring devices online is also likely to be a major driver for the global patient monitoring devices market over the forecast period.

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Patient Temperature Monitoring Market Segmentation

The global patient temperature monitoring market is segmented based on product, site, application, end-users.

The patient temperature monitoring market, by product, the 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 is further segmented into non-invasive vital signs monitoring devices and continuous core body temperature monitoring devices. Handheld temperature monitoring devices is further segmented into mercury thermometers, digital thermometers, and infrared thermometers.

Based on site, the market is segmented into non-invasive temperature monitoring and invasive temperature monitoring. Non-invasive temperature monitoring is further segmented into oral temperature monitoring, axillary & temporal artery temperature monitoring, and tympanic membrane temperature monitoring. Invasive temperature monitoring is further segmented into esophageal temperature monitoring, nasopharynx temperature monitoring, urinary bladder temperature monitoring, and rectal temperature monitoring.

Based on application, the market is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and others.

 Based on end-user, the market is segmented into hospitals & clinics, nursing facilities, home care, ambulatory care centers, and others.

Patient Temperature Monitoring Market Players

  • Terumo Corporation
  • Microlife Corporation
  • 3M
  • American Diagnostic Corporation
  • Braun (Subsidiary of Procter & Gamble)
  • Cardinal Health
  • Drägerwerk AG & Co. KGaA

Patient Temperature Monitoring Market Regional Analysis

The Americas is the largest in the market owing to the improving research infrastructure in the region, coupled with the rising awareness among patients and physicians. It is currently exhibiting a highly lucrative growth rate due to an increased use of patient temperature monitoring devices for various applications. 

The European region is the second largest patient temperature monitoring market over the forecast period due to high acceptance of patient temperature monitoring in research & development along with the rising incidence of infectious diseases are also accountable for the growth of the patient temperature monitoring market.   

The Asia Pacific region is likely to develop at the uppermost CAGR for the patient temperature monitoring market in the years to come. Moreover, the rising diagnostic care services both at the hospitals and at community level are expected to influence the market in a positive way.

The Middle East and Africa accounts for the least market share due to low per capita income and lack of availability of well-trained healthcare professionals. 

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/patient-temperature-monitoring-market-7253

 

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