Global Patient Temperature Monitoring Market Size Product Type (Non-invasive thermometers, Invasive Thermometers), By Application (Hospitals and Clinics, Home Healthcare), By End-User (Hospitals, Clinics), By Geographic Scope And Forecast

Report ID: 289620|No. of Pages: 202

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Global Patient Temperature Monitoring Market Size Product Type (Non-invasive thermometers, Invasive Thermometers), By Application (Hospitals and Clinics, Home Healthcare), By End-User (Hospitals, Clinics), By Geographic Scope And Forecast

Report ID: 289620|Published Date: Oct 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Patient Temperature Monitoring Market Size And Forecast

Patient Temperature Monitoring Market size was valued at USD 3.8 Billion in 2024 and is projected to reach USD 6.38 Billion by 2031, growing at a CAGR of 6.7% from 2024 to 2031.

  • Patient temperature monitoring refers to the systematic measurement and tracking of a patient’s body temperature to assess their health status and detect potential medical issues. This process can involve various methods, including traditional thermometers, digital devices, and advanced wearable technologies. Accurate temperature monitoring is crucial for diagnosing infections, managing chronic conditions, and evaluating responses to treatment.
  • The application of patient temperature monitoring spans multiple healthcare settings, including hospitals, outpatient clinics, and home care environments. It plays a vital role in clinical assessments, where continuous monitoring can alert healthcare providers to fever or hypothermia.
  • Additionally, temperature monitoring is essential for managing patients undergoing surgery, those with critical illnesses, and individuals recovering from infections, helping to guide treatment decisions and ensure patient safety.

Patient Temperature Monitoring Market is estimated to grow at a CAGR of 6.7% & reach US$ 6.38 Bn by the end of 2031

Global Patient Temperature Monitoring Market Dynamics

The key market dynamics that are shaping the global patient temperature monitoring market include:

Key Market Drivers

  • Increasing Incidence of Chronic Diseases: The rise in chronic diseases, such as diabetes and heart conditions, necessitates frequent temperature monitoring. Accurate readings are essential for effective management and timely interventions. According to the Centers for Disease Control and Prevention (CDC), as of 2022, 6 in 10 adults in the United States have a chronic disease, and 4 in 10 have two or more.
  • Rising Technological Advancements: Innovations in wearable devices and telehealth are enhancing patient temperature monitoring. These technologies enable real-time data collection, improving healthcare delivery and patient outcomes. According to the Centers for Disease Control and Prevention (CDC), as of 2022, 6 in 10 adults in the United States have a chronic disease, and 4 in 10 have two or more. For instance, in March 2023, GE Healthcare Launched a new line of AI-enabled patient monitors with enhanced temperature sensing technology for hospital and home use.
  • Growing Geriatric Population: With an aging population, there is an increased need for regular health monitoring. Older adults often require more attention, making reliable temperature tracking essential. The United Nations reported that in 2022, there were 771 million persons aged 65 years or over in the global population. This number is projected to double to 1.6 billion by 2050.
  • Rising Focus on Preventive Healthcare: The shift towards preventive care emphasizes early detection of health issues. Continuous temperature monitoring helps identify potential complications, supporting proactive health management. For instance, in November 2023, Abbott Laboratories received FDA clearance for a new wearable continuous glucose monitoring device that also tracks body temperature, aimed at diabetes management.
  • Rise in Home Healthcare: The growing preference for home healthcare solutions is driving demand for easy-to-use temperature monitoring devices. Patients value the convenience of managing their health from home, leading to market expansion. For instance, in July 2023, Omron Healthcare unveiled a smart home health monitoring station that combines blood pressure, ECG, and continuous temperature monitoring..

Key Challenges:

  • Data Privacy Concerns: With increased digital monitoring comes the risk of data breaches and privacy issues. Patients and providers alike are concerned about the security of sensitive health information.
  • Lack of Standardization: Inconsistent standards for temperature monitoring devices can lead to variability in data accuracy. This lack of uniformity complicates the integration of systems across different healthcare settings.
  • Limited Awareness and Training: Healthcare professionals may lack adequate training on new temperature monitoring technologies. Insufficient knowledge can hinder effective utilization and adoption of these systems.
  • Resistance to Change: Some healthcare providers may be resistant to adopting new technologies, preferring traditional methods. This resistance can slow the transition to more efficient monitoring solutions.

Key Trends

  • Integration of Artificial Intelligence: The integration of artificial intelligence (AI) into temperature monitoring systems is enhancing data analysis. AI algorithms can predict potential health issues by analyzing temperature trends and patterns. This technology allows for proactive care and better decision-making in patient management. According to a report by the World Health Organization (WHO) in 2023, 70% of member states have included AI in their national health strategies.
  • Adoption of Remote Monitoring Solutions: There is a growing trend toward remote patient monitoring, driven by the demand for convenience and efficiency. Devices that allow patients to monitor their temperature at home are becoming increasingly popular. This shift supports better patient engagement and reduces the burden on healthcare facilities. A survey by the American Medical Association in 2023 found that 85% of physician respondents saw advantages in remote patient monitoring technologies.
  • Rising Development of Smart Wearables: Smart wearable devices are revolutionizing temperature monitoring with their continuous and non-invasive capabilities. These devices provide real-time feedback, enabling timely interventions for health issues. As consumer interest in health tracking grows, these innovations are expected to gain further traction in the market. According to a report by the Consumer Technology Association (CTA), sales of health and fitness trackers in the U.S. increased by 35% in 2023 compared to the previous year.

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Global Patient Temperature Monitoring Market Regional Analysis

Here is a more detailed regional analysis of the global patient temperature monitoring market:

North America

  • North America dominates the Patient Temperature Monitoring Market, driven by advanced healthcare infrastructure and a high prevalence of chronic diseases requiring continuous monitoring. The region’s leadership is reinforced by substantial healthcare spending and rapid adoption of innovative medical technologies. According to the Centers for Disease Control and Prevention (CDC), approximately 31.6% of U.S. adults had hypertension in 2021, a condition often requiring regular temperature monitoring.
  • Recently, Masimo Corporation announced the launch of its W1™ health watch for consumer use, featuring continuous temperature monitoring capabilities, showcasing the market’s expansion beyond traditional healthcare settings.
  • The COVID-19 pandemic has significantly boosted the demand for patient temperature monitoring devices in North America, accelerating market growth. Healthcare facilities and public spaces have widely adopted temperature screening as a preventive measure, driving innovation in non-contact and continuous monitoring solutions.
  • The U.S. Food and Drug Administration (FDA) reported clearing over 100 infrared thermometers and thermal imaging systems for temperature screening between January 2020 and December 2021. In a notable development, 3M announced a partnership with Eko to enhance its Littmann® stethoscopes with digital capabilities, including integrated temperature sensors for more comprehensive patient assessments.

Asia Pacific

  • The Asia Pacific region is experiencing rapid growth in the Patient Temperature Monitoring Market, driven by increasing healthcare expenditure, growing awareness of early disease detection, and a rising elderly population. Countries like China, Japan, and India are investing heavily in healthcare infrastructure and adopting advanced medical technologies to improve patient care.
  • According to the World Health Organization, healthcare spending in the Western Pacific Region, which includes much of Asia, increased by 6.2% annually between 2000 and 2018. Recently, Omron Healthcare announced the launch of its new MC-280B digital thermometer in India, featuring improved accuracy and faster reading times, demonstrating the market’s expansion in the region.
  • The COVID-19 pandemic has significantly accelerated the adoption of temperature monitoring devices in Asia Pacific, particularly non-contact infrared thermometers and thermal imaging systems. This surge in demand has led to increased local production and technological innovations in temperature monitoring solutions. China’s National Medical Products Administration reported approving over 200 new temperature monitoring devices in 2020 alone.
  • In a notable development, Mindray, a leading Chinese medical device manufacturer, introduced its VS Series Vital Signs Monitors with advanced temperature monitoring capabilities, catering to the growing demand for comprehensive patient monitoring systems in hospitals across Asia.

Global Patient Temperature Monitoring Market: Segmentation Analysis

The Global Patient Temperature Monitoring Market is Segmented on the basis of Product Type, Application, End-User, And Geography.

Patient Temperature Monitoring Market Segmentation Analysis

Patient Temperature Monitoring Market, By Application

  • Hospitals and Clinics
  • Home Healthcare
  • Ambulatory Care and Emergency Medical Services
  • Telehealth and Remote Patient Monitoring

Based on Application, the Global Patient Temperature Monitoring Market is bifurcated into Hospitals and Clinics, Home Healthcare, Ambulatory Care and Emergency Medical Services, Telehealth and Remote Patient Monitoring. In the patient temperature monitoring market, the hospitals and clinics segment is the dominant category, primarily due to the high volume of patients requiring temperature assessments for various medical conditions. These settings utilize a range of monitoring devices to ensure patient safety and effective treatment. Meanwhile, the telehealth and remote patient monitoring segment is experiencing rapid growth, driven by the increasing demand for virtual healthcare solutions and the need for continuous monitoring of patients at home. This trend is accelerating as more healthcare providers adopt remote technologies to enhance patient engagement and deliver care efficiently, especially in light of recent shifts toward digital health solutions.

Patient Temperature Monitoring Market, By Product Type

  • Non-invasive Thermometers
  • Invasive Thermometers

Based on Product Type, the Global Patient Temperature Monitoring Market is bifurcated into Non-invasive Thermometers, Invasive Thermometers. In the patient temperature monitoring market, non-invasive thermometers dominate due to their ease of use, rapid results, and widespread application across various healthcare settings. These devices, including digital and infrared thermometers, are favored for routine temperature checks in hospitals, clinics, and home care. Conversely, the invasive thermometers segment is rapidly growing, particularly in critical care environments where accurate core temperature measurements are crucial. The demand for precise temperature monitoring in surgical and intensive care settings is driving the adoption of invasive solutions, making this segment an area of significant growth.

Patient Temperature Monitoring Market, By End-User

  • Hospitals
  • Clinics
  • Home Healthcare Providers
  • Individual Consumers

Based on End-User, the Global Patient Temperature Monitoring Market is bifurcated into Hospitals, Clinics, Home healthcare providers, Individual Consumers. In the patient temperature monitoring market, hospitals are the dominant segment due to their high volume of patients requiring continuous monitoring and the need for precise clinical assessments. Hospitals utilize advanced temperature monitoring systems to ensure patient safety and improve care outcomes. On the other hand, the home healthcare providers segment is rapidly growing, fueled by an increasing trend toward at-home care and remote monitoring solutions. This shift is driven by the rising aging population and the demand for convenient, accessible healthcare options, leading to greater adoption of temperature monitoring technologies in home settings.

Patient Temperature Monitoring Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Global Patient Temperature Monitoring Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. In the patient temperature monitoring market, North America currently dominates due to its advanced healthcare infrastructure, high adoption of technology, and increasing prevalence of chronic diseases. The region benefits from significant investments in healthcare innovation and a strong emphasis on patient safety and monitoring. Conversely, the Asia Pacific region is experiencing rapid growth, driven by rising healthcare expenditures, a growing aging population, and increasing awareness of preventive healthcare measures. This dynamic environment is fostering the adoption of advanced temperature monitoring solutions, making it a key area for future expansion.

Key Players

The “Global Patient Temperature Monitoring Market” study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Cardinal Health, 3M, Philips, Drägerwerk, Hill-Rom Holdings, Welch Allyn, Omron Healthcare, Natus Medical, Medtronic, Nonin Medical, Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Patient Temperature Monitoring Market Key Developments

Patient Temperature Monitoring Market Key Developments

  • In October 2023, Philips launched a new wearable temperature monitoring device designed for continuous monitoring in hospital settings, aimed at enhancing patient care and response times.
  • In September 2023, a major healthcare technology firm received FDA approval for its innovative smart thermometer that integrates with telehealth platforms, enabling remote patient monitoring and data sharing.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Cardinal Health, 3M, Philips, Drägerwerk, Hill-Rom Holdings, Welch Allyn, Omron Healthcare, Natus Medical, Medtronic, Nonin Medical, Inc.

SEGMENTS COVERED

By Product Type, By Application, By End User, And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Frequently Asked Questions

Patient Temperature Monitoring Market size was valued at USD 3.8 Billion in 2024 and is projected to reach USD 6.38 Billion by 2031, growing at a CAGR of 6.7% from 2024 to 2031.

Key drivers for the Patient Temperature Monitoring Market Increasing prevalence of infectious diseases, technological advancements in monitoring devices, the rising geriatric population, and growing demand for non-invasive monitoring solutions.

The major players are Cardinal Health, 3M, Philips, Drägerwerk, Hill-Rom Holdings, Welch Allyn, Omron Healthcare, Natus Medical, Medtronic, Nonin Medical, Inc.

The Global Patient Temperature Monitoring Market is Segmented on Product Type, Application, End User, And Geography

The sample report for the Patient Temperature Monitoring Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Patient Temperature Monitoring Market, By Product Type
• Non-invasive thermometers
• Invasive Thermometers

5. Patient Temperature Monitoring Market, By Application
• Hospitals and Clinics
• Home Healthcare
• Ambulatory Care and Emergency Medical Services
• Telehealth and Remote Patient Monitoring

6. Patient Temperature Monitoring Market, By End User
• Hospitals
• Clinics
• Home healthcare providers
• Individual Consumers

7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape
• Key Players
• Market Share Analysis

10. Company Profiles
• Cardinal Health
• 3M
• Philips
• Drägerwerk
• Hill-Rom Holdings
• Welch Allyn
• Omron Healthcare
• Natus Medical
• Medtronic
• Nonin Medical, Inc.

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Patient Temperature Monitoring Market

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