Body Temperature Monitoring Market

1. Body Temperature Monitoring Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global body temperature monitoring market size is projected to surpass USD 3 billion by 2028, expanding at a CAGR of 5.8% during the forecast period, 2021–2028. Growth of the market is attributed to rising pediatric and geriatric population, growing demand for body temperature monitoring devices, and increasing prevalence of infectious diseases. A body temperature monitor is a medical device used for checking and monitoring the body temperatures for children and adults. There are different forms of thermometers used for monitoring the body temperature. The temperature can be measured in various places on the body such as armpit, ear, rectum, and mouth. Rising in infectious diseases is growing the demand for the devices for monitoring body temperature in the hospital industry. Covid-19 has affected the world and strict social distancing and lockdown has been imposed worldwide. The market has been positively impacted due to covid-19 as it resulted in rising demand for body temperature monitoring devices. The basic testing carried out is of monitoring of body temperature in covid-19. Sample - https://growthmarketreports.com/request-sample/1015 Market Trends, Drivers, Restraints, and Opportunities  Launch of various body temperature monitoring devices is projected to spur the market during the forecast period. Rapid growth of hospital infrastructure is key factor fueling the market in the coming years. High risk of contamination associated with mercury based thermometers is anticipated to restrict the market expansion. High cost of body temperature monitoring devices is estimated to hinder the market expansion.   

2.  R&D investment and technological advancement and improvement in the accuracy of body temperature monitoring are expected to create significant opportunities for the market players. Market Segment Insights The non-contact thermometers segment is projected to account for a large market share On the basis of products, the global body temperature monitoring market is bifurcated into non- contact and contact. The non-contact segment is further segregated into thermal scanners and non- contact thermometers. The contact segment is further classified as disposable thermometers, infrared ear thermometers, mercury thermometers, digital thermometers, IR temporal artery thermometers, and other contact products. The non-contact segment is expected to represent a key share of the market during the forecast period owing to rising partnerships among different companies to produce various devices. However, the contact segment is anticipated to expand at a rapid pace during the forecast period due to cost effectiveness and high accuracy. The rising prevalence of covid-19 cases led to social distancing and strict lockdown increased the demand for contact based thermometers. The oral cavity segment is projected to hold a major market share Based on applications, the global body temperature monitoring market is segregated into ear, oral cavity, rectum, and other applications. The oral cavity segment is expected to constitute a key share of the market in the coming years owing to its most common site for measuring the body temperature. Thermometers are placed in mouth to measure the temperature. The pediatric population is growing and is anticipated to be 2.02 billion in 2030 which requires temperature monitoring devices in the future. The hospitals segment is projected to account for a large market share On the basis of end-users, the global body temperature monitoring market is segregated into clinics, hospitals, and homes. The hospital segment is expected to represent a key share of the market during the forecast period owing to rising partnership of hospitals with manufacturers of medical devices. Increasing patients globally from various diseases is expected to drive the market. However, the homes segment is anticipated to expand at a rapid pace during the forecast period due to covid- 19 which forced people for self-quarantine and social distancing. The North America is anticipated to dominate the market On the basis of regions, the global body temperature monitoringmarket is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at a high CAGR during the forecast period. The regional market growth can be attributed to prevalence of covid-19 across the region and various key players in the region. On the other hand, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to growing awareness about the importance of body temperature monitoring systems among people. Inquiry- https://growthmarketreports.com/enquiry-before-buying/1015 Competitive Landscape Key players competing in the global body temperature monitoringmarket include Geratherm, Masimo, 3M Company, A&D Company Ltd., Toshibo Inc., Hill-Rom, Omron Corporation, Hicks

3. Thermometers Limited, and Helen of Troy Limited. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,  In May 2020, Neptune Wellness Solutions Inc announced the launch of a non-contact infrared thermometer named Neptune Air. In May 2020, ZOOOK announced the launch of infra-temp contact-less medical grade thermometer.  About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: | LinkedIn Twitter