Global Patient Temperature Monitoring Market Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2026|Koninklijke Philips N.V., Hill-Rom Services Inc., Drgerwerk AG & Co. KGaA, Terumo Medical Corporation, Masimo

Pune, Maharashtra, India, June 19 2020 (Wiredrelease) Data Bridge Market Research — Global Patient Temperature Monitoring Market is expected to rise from its initial estimated value of USD 2.55 billion in 2018 to an estimated value of USD 3.74 billion by 2026 registering a CAGR of 4.9% in the forecast period of 2019-2026. This rise in the market can be attributed to the increasing number of infectious diseases and rising pediatric and geriatric population over the world.

A DBMR team uses simple language and easy to understand statistical images to provide thorough information and in-depth data on the healthcare industry and patient temperature monitoring market. The report also shares gross margin, market share, attractiveness index, and value and volume growth of all of the segments studied by the analysts. The report provides market key players with crucial information and suggests result-oriented tactics to gain a competitive edge in the worldwide market. The company profiles of all the key players and brands that are dominating the market have been taken into consideration here. Important industry trends, market size, market share estimates are analyzed and mentioned in the patient temperature monitoring market research report.

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Few of the major market competitors currently working in the patient temperature monitoring market are Cardinal Health, Koninklijke Philips N.V., Hill-Rom Services Inc., Drgerwerk AG & Co. KGaA, Terumo Medical Corporation, Masimo, Microlife Corporation, Procter & Gamble, Actherm Inc., American Diagnostic Corporation, Briggs Healthcare, HICKS, Medtronic, Sanomedics International Holdings Inc., Welch Allyn, Medium Healthcare, Cosinuss GmbH, Helen of Troy, Omron Healthcare, Inc., and BD.

Opportunities in the market report

Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.

Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.

 Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.

Segmentation: Global Patient Temperature Monitoring Market

By Product

Wearable Continuous Temperature Sensors
Smart Temperature Monitoring Patches
Table-top Temperature Monitoring Devices
Noninvasive Vital-signs Monitoring Devices
Continuous Core Body Temperature Monitoring Devices
Handheld Temperature Monitoring Devices
Mercury Thermometers
Digital Thermometers
Infrared Thermometers
Invasive Temperature Monitoring Devices

By Site

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

By Application

Pyrexia/Fever
Hypothermia
Blood Transfusion
Anesthesia
Other Applications

By End User

Hospital and Surgical Centers
Nursing Facilities
Home care
Ambulatory Care Centers
Other End Users

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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Market Drivers

Rising number of various surgical procedures has increased the demand for these devices

Constant innovations and technological developments in the industry will act as a major market driver

Market Restraints

High cost of developed temperature monitoring devices is acting as a major restraint for the market

Low awareness regarding these devices in developing nations act as a major factor hampering the market growth

Key Developments in the Market:

In March, 2018, Medtronicand Lehigh Valley Health Network signed a partnership agreement to deliver different value-based healthcare programs. This will help in improving the patient outcome and minimizing the cost
In June, 2018, Clayton, Dubilier & Rice and Cardinal Health announced their partnership for accelerating the growth of naviHealth. This will enhance the growth of the company. This will also assist in building good customer relation by providing information related to health systems.

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