Market Overview:
Temperature Monitoring Devices Market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, general purpose type is the most widely used type which takes up about 38% of the total sales in 2018. Temperature Monitoring Device are used for measuring and monitoring body temperature in different applications such as hospitals, clinics etc. Operating room is the most widely used which took up about 30% of global total in 2018. Meanwhile, intensive care took up about 21%.
Product Definition:
Temperature monitoring devices are used to measure and monitor the temperature of a particular object or environment. This information can be used to help ensure that the object or environment stays within a desired range, which can be important for safety or other reasons.
General Purpose Type:
General purpose type is used in temperature monitoring devices. It has a wide range of applications such as water heaters, air conditioners, and refrigerators. The growth factor for this market is mainly driven by the demand for energy-efficient solutions and increasing adoption of smart grid technologies across the globe.
Skin Type:
The global skin type market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes rising incidences of chronic diseases such as diabetes, obesity, and other cardiovascular diseases due to change in lifestyle and improper eating habits. Moreover, increasing geriatric population base across the globe which has sensitive skin thus increasing demand for temperature monitoring devices among them also boosts the growth of this market.
Application Insights:
The operating room segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing upon the increasing number of surgeries and rising awareness among individuals regarding early detection and treatment of diseases. In addition, an increase in healthcare spending by governments as well as private organizations is anticipated to boost the demand for temperature monitoring devices over the forecast period.
Temperature monitoring devices are used in various applications such as emergency department, intensive care unit/critical care units and others such as labor & delivery room.
The recovery room segment accounted for about 15% share in 2019 which is expected to grow at a significant rate during the forecast period due to growing awareness regarding postoperative infections especially after heart surgeries.
Regional Analysis:
North America dominated the global market in 2018. This can be attributed to the presence of well-established healthcare infrastructure, high awareness levels coupled with relatively higher disposable income in this region. Moreover, increasing cases of chronic diseases such as cardiac disorders and respiratory problems are also contributing toward regional growth. In addition, growing preference for temperature monitoring devices that are lightweight and portable is further boosting the demand for these products in this region., Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare facilities due to rising investments by governments & private players along with increasing awareness about early diagnosis of various health conditions among people., Latin America has also witnessed significant growth over past few years on account of rise in number of product approvals by regulatory agencies especially from Brazil and Argentina countries which have been witnessing economic turmoil recently.
Growth Factors:
- Increasing demand for temperature monitoring devices in the food and beverage industry to ensure product quality and safety.
- Growing demand for temperature monitoring devices in the healthcare sector to prevent spoilage of drugs and medical supplies.
- Rising adoption of temperature monitoring devices in the transportation sector to maintain product integrity during transit.
- Increasing use of temperature monitoring devices in research laboratories for controlling environmental conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Temperature Monitoring Devices Market Research Report
By Type
General Purpose Type, Skin Type, Esophageal Stethoscope Type, Tympanic Type, Others, General purpose type is the most widely used type which takes up about 38% of the total sales in 2018., Temperature Monitoring Device
By Application
Operating Room, Emergency Department, Intensive Care, The Recovery Room, Other, Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
By Companies
3M, Draeger, GE Healthcare, Medtronic, BD, Philips, Medline Industries, Smiths Medical, Hill-Rom (Welch Allyn), TE Connectivity, Circa Scientific, NOVAMED USA, Truer Medical, Med-link Electronics, Rongrui, Exsense, Temperature Monitoring Device
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Temperature Monitoring Devices Market Report Segments:
The global Temperature Monitoring Devices market is segmented on the basis of:
Types
General Purpose Type, Skin Type, Esophageal Stethoscope Type, Tympanic Type, Others, General purpose type is the most widely used type which takes up about 38% of the total sales in 2018., Temperature Monitoring Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Operating Room, Emergency Department, Intensive Care, The Recovery Room, Other, Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Draeger
- GE Healthcare
- Medtronic
- BD
- Philips
- Medline Industries
- Smiths Medical
- Hill-Rom (Welch Allyn)
- TE Connectivity
- Circa Scientific
- NOVAMED USA
- Truer Medical
- Med-link Electronics
- Rongrui
- Exsense
- Temperature Monitoring Device
Highlights of The Temperature Monitoring Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Purpose Type
- Skin Type
- Esophageal Stethoscope Type
- Tympanic Type
- Others
- General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
- Temperature Monitoring Device
- By Application:
- Operating Room
- Emergency Department
- Intensive Care
- The Recovery Room
- Other
- Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Temperature Monitoring Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Temperature monitoring devices are used to measure the temperature of an object. They can be either passive or active. Passive temperature monitoring devices use ambient heat to detect the temperature of an object, while active temperature monitoring devices use a thermistor to measure the actual surface temperatures of objects.
Some of the key players operating in the temperature monitoring devices market are 3M, Draeger, GE Healthcare, Medtronic, BD, Philips, Medline Industries, Smiths Medical, Hill-Rom (Welch Allyn), TE Connectivity, Circa Scientific, NOVAMED USA, Truer Medical, Med-link Electronics, Rongrui, Exsense, Temperature Monitoring Device.
The temperature monitoring devices market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Temperature Monitoring Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Temperature Monitoring Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Temperature Monitoring Devices Market - Supply Chain
4.5. Global Temperature Monitoring Devices Market Forecast
4.5.1. Temperature Monitoring Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Temperature Monitoring Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Temperature Monitoring Devices Market Absolute $ Opportunity
5. Global Temperature Monitoring Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Temperature Monitoring Devices Market Size and Volume Forecast by Type
5.3.1. General Purpose Type
5.3.2. Skin Type
5.3.3. Esophageal Stethoscope Type
5.3.4. Tympanic Type
5.3.5. Others
5.3.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
5.3.7. Temperature Monitoring Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Temperature Monitoring Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Temperature Monitoring Devices Market Size and Volume Forecast by Application
6.3.1. Operating Room
6.3.2. Emergency Department
6.3.3. Intensive Care
6.3.4. The Recovery Room
6.3.5. Other
6.3.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Temperature Monitoring Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Temperature Monitoring Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Temperature Monitoring Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Temperature Monitoring Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Temperature Monitoring Devices Demand Share Forecast, 2019-2026
9. North America Temperature Monitoring Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Temperature Monitoring Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Temperature Monitoring Devices Market Size and Volume Forecast by Application
9.4.1. Operating Room
9.4.2. Emergency Department
9.4.3. Intensive Care
9.4.4. The Recovery Room
9.4.5. Other
9.4.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Temperature Monitoring Devices Market Size and Volume Forecast by Type
9.7.1. General Purpose Type
9.7.2. Skin Type
9.7.3. Esophageal Stethoscope Type
9.7.4. Tympanic Type
9.7.5. Others
9.7.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
9.7.7. Temperature Monitoring Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Temperature Monitoring Devices Demand Share Forecast, 2019-2026
10. Latin America Temperature Monitoring Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Temperature Monitoring Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Temperature Monitoring Devices Market Size and Volume Forecast by Application
10.4.1. Operating Room
10.4.2. Emergency Department
10.4.3. Intensive Care
10.4.4. The Recovery Room
10.4.5. Other
10.4.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Temperature Monitoring Devices Market Size and Volume Forecast by Type
10.7.1. General Purpose Type
10.7.2. Skin Type
10.7.3. Esophageal Stethoscope Type
10.7.4. Tympanic Type
10.7.5. Others
10.7.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
10.7.7. Temperature Monitoring Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Temperature Monitoring Devices Demand Share Forecast, 2019-2026
11. Europe Temperature Monitoring Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Temperature Monitoring Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Temperature Monitoring Devices Market Size and Volume Forecast by Application
11.4.1. Operating Room
11.4.2. Emergency Department
11.4.3. Intensive Care
11.4.4. The Recovery Room
11.4.5. Other
11.4.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Temperature Monitoring Devices Market Size and Volume Forecast by Type
11.7.1. General Purpose Type
11.7.2. Skin Type
11.7.3. Esophageal Stethoscope Type
11.7.4. Tympanic Type
11.7.5. Others
11.7.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
11.7.7. Temperature Monitoring Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Temperature Monitoring Devices Demand Share, 2019-2026
12. Asia Pacific Temperature Monitoring Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Temperature Monitoring Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Temperature Monitoring Devices Market Size and Volume Forecast by Application
12.4.1. Operating Room
12.4.2. Emergency Department
12.4.3. Intensive Care
12.4.4. The Recovery Room
12.4.5. Other
12.4.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Temperature Monitoring Devices Market Size and Volume Forecast by Type
12.7.1. General Purpose Type
12.7.2. Skin Type
12.7.3. Esophageal Stethoscope Type
12.7.4. Tympanic Type
12.7.5. Others
12.7.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
12.7.7. Temperature Monitoring Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Temperature Monitoring Devices Demand Share, 2019-2026
13. Middle East & Africa Temperature Monitoring Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Temperature Monitoring Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Temperature Monitoring Devices Market Size and Volume Forecast by Application
13.4.1. Operating Room
13.4.2. Emergency Department
13.4.3. Intensive Care
13.4.4. The Recovery Room
13.4.5. Other
13.4.6. Operating room is the most widely used which took up about 30% of the global total in 2018. Meanwhile, intensive care took up about 21% in 2018.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Temperature Monitoring Devices Market Size and Volume Forecast by Type
13.7.1. General Purpose Type
13.7.2. Skin Type
13.7.3. Esophageal Stethoscope Type
13.7.4. Tympanic Type
13.7.5. Others
13.7.6. General purpose type is the most widely used type which takes up about 38% of the total sales in 2018.
13.7.7. Temperature Monitoring Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Temperature Monitoring Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Temperature Monitoring Devices Market: Market Share Analysis
14.2. Temperature Monitoring Devices Distributors and Customers
14.3. Temperature Monitoring Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Draeger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Philips
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medline Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Smiths Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hill-Rom (Welch Allyn)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TE Connectivity
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Circa Scientific
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NOVAMED USA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Truer Medical
14.4.13.1. Overview
