Sarasota, FL, Dec. 15, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Temperature Monitoring Devices Market by Product (Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Non-invasive Vital Signs Monitoring Devices, Continuous Core Body Temperature Monitoring Devices, Digital Thermometers, Infra-red Aural Thermometers, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors and Smart Temperature Patches), by Technique (Invasive and Non-invasive), by Applications (Clinical and Wellness), by Distribution Channel (Institutional Sales, Hospitals, Clinics, Skilled Nursing Facilities, Long Term Care Centers, Ambulatory Care Centers, Retail Sales, Retail Pharmacies, Drug Stores and Online Sales), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2022”. According to the report, the global temperature monitoring devices market was valued at approximately USD 2.43billion in 2016 and is expected to generate revenue of around USD 3.03 billion by end of 2022, growing at a CAGR of around 4% between 2017 and 2022.
The importance of body temperature monitoring is an effective way to recognize infection prior to clinical diagnosis. Thermoregulation or temperature maintenance is essential to avoid any antigenic response, infection or inflammation. Temperature monitoring devices gained significant preference owing to their cost-effectiveness and convenience and can be also used for home care. Monitoring temperature is more like the first line of treatment, helping physicians to assess the health status of patients for proper care. These devices comprise of diverse product types, which are used in a number of applications. Temperature monitoring thermometers are characterized by increasing product launches by emerging market players.
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Browse through 148 Tables & 18 Figures spread over 110 Pages and in-depth TOC on "Global Temperature Monitoring Devices Market Size, Share Analysis & Forecast 2016 – 2022”.
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Global Temperature Monitoring Devices Market is primarily driven by worldwide advancements in wearable and other technological advancements. Importance of immediate, consistent, and accurate temperature monitoring for proper treatment, improving healthcare infrastructure in various emerging economies and prevalence of several chronic diseases are some of the other drivers of this market. However, lack of awareness in developing nations and the high cost of these devices can create restraints to the Temperature Monitoring Devices Market. As high body temperature leads to many diseases because of which the need for effective management of associated diseases is likely to boost the demand for Temperature Monitoring Devices Market in the region in the coming years.
The Temperature Monitoring Devices Market is segmented on the basis of product including tabletop temperature monitoring devices, handheld temperature monitoring devices, wearable continuous monitoring thermometers, and temperature monitoring sensors & smart temperature patches. Tabletop temperature monitoring devices are further segmented as non-invasive vital signs monitoring devices and continuous core body temperature monitoring devices. Also, hand-held temperature monitoring devices are further subcategorized into digital thermometers and infra-red aural thermometers. On the basis of techniques temperature monitoring devices market is segmented as invasive and non-invasive. On the basis of applications temperature monitoring devices market is segmented as clinical and wellness. Due to the faster, economical and more precise compared to other versions Digital thermometers are preferred mostly. This type of devices also processes easy and quick. Owing to the all these reasons digital thermometers account for the largest market share. The most popular version of technology present in the market is battery operated flexible tip oral thermometers (handheld temperature monitoring devices).
Browse the full " Temperature Monitoring Devices Market by Product (Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Non-Invasive Vital Signs Monitoring Devices, Continuous Core Body Temperature Monitoring Devices, Digital Thermometers, Infra-Red Aural Thermometers, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors And Smart Temperature Patches), by technique (invasive and non-invasive), by Application (Clinical And Wellness), by Distribution (Institutional Sales, Hospitals, Clinics, Skilled Nursing Facilities, Long Term Care Centers, Ambulatory Care Centers, Retail Sales, Retail Pharmacies, Drug Stores And Online Sales), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016- 2022" report at https://www.zionmarketresearch.com/report/temperature-monitoring-devices-market
On the basis of distribution channel Temperature, Monitoring Devices Market is institutional sales and retail sales. The market is further sub-segmented on the basis of institutional sales as hospitals, clinics, skilled nursing facilities, long-term care centers, and ambulatory care centers. And on the basis of retail sales market is further divided into retail pharmacies, drug stores, and online sales.
North America is the largest regional market and is expected to show significant growth rate over the forecasted period. Due to rising healthcare awareness and increasing geriatric population make this region dominant temperature monitoring devices market.
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Europe represents developed regional market for Temperature Monitoring Devices Market and is expected to see the rapid growth in the years to come.
Growth in the Asia Pacific region is expected, due to growing population. Also, countries like China and India many hospitals have shifted towards digital thermometers replacing the mercury-based thermometers.
In Middle East & Africa; African region is projected to register moderate growth rate due to lack of awareness. Latin America is another important regional market and is expected to experience moderate growth over the forecast period. Thus, all the above-mentioned parameters are expected to push the market growth in this region.
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Some of the key players in Temperature Monitoring Devices Market are 3M Company, Omron Healthcare, Koninklijke Philips N.V., Terumo Corporation, Helen of Troy Limited, Cosinuss GmbH, Drägerwerk AG & Co. KGaA, C.R. Bard, Welch Allyn, Inc., Microlife Corporation, and Briggs Healthcare among others.
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This report segments the Global Temperature Monitoring Devices Market is as follows:
Global Temperature Monitoring Devices Market: by Product
- Table Top Temperature Monitoring Devices
- Non-invasive Vital Signs Monitoring Devices
- Continuous Core Body Temperature Monitoring Devices
- Hand Held Temperature Monitoring Devices
- Digital Thermometers
- Infra-red Aural Thermometers
- Wearable Continuous Monitoring Thermometers
- Temperature Monitoring Sensors & Smart Temperature Patches
Global Temperature Monitoring Devices Market: by Techniques
- Invasive
- Non-invasive
Global Temperature Monitoring Devices Market: by Applications
- Clinical
- Wellness
Global Temperature Monitoring Devices Market: by Distribution Channel
- Institutional Sales
- Hospitals
- Clinics
- Skilled Nursing Facilities
- Long-Term Care Centers
- Ambulatory Care Centers
- Retail Sales
- Retail Pharmacies
- Drug Stores
- Online Sales
Global Temperature Monitoring Devices Market: by Region
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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