The Business Research Company’s Temperature Monitoring Devices Global Market Report 2021: COVID-19 Implications And Growth To 2030
LONDON, GREATER LONDON, UK, March 24, 2021 /EINPresswire.com/ — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The temperature monitoring devices market is experiencing massive growth due to the COVID-19 pandemic. Temperature monitoring of individuals or suspected patients is the first mode of diagnosis for COVID-19 and is being used across various type of entities including airports, offices, clinics, hospitals, and homecare. Also, infected patients’ vital signs are required to be monitored both at hospitals and at home as a primary examination to track the infection.
Thus, this increase in the prevalence of chronic and infectious diseases is causing a positive impact on the temperature monitoring devices market. Certain infectious diseases like Dengue, Zika, Malaria, Ebola require continuous monitoring of temperature to give appropriate treatment and save lives. Also, the temperature of patients with other chronic diseases such as cardiovascular diseases and kidney related diseases must be monitored continuously especially when they are hospitalized, as temperature monitoring gives an overview of their body functioning. Most recently, the COVID-19 pandemic has more than 19,365,157 active cases around the globe and increased body temperature is one of the main symptoms of this disease, causing the demand for temperature monitoring devices to increase by several folds. Therefore, the prevalence of chronic and infectious disease is expected to propel the market growth of temperature monitoring devices during the forecast period.
Read More On The Global Temperature Monitoring Devices Market Report:
The global temperature monitoring devices market size is expected to decline from $1.61 billion in 2020 to $1.5 billion in 2021 at a compound annual growth rate (CAGR) of -6.8%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The temperature monitoring market is expected to reach $1.84 billion in 2025 at a CAGR of 5.2%.
The market covered in the temperature monitoring devices market report is segmented by type into contact-based temperature monitoring systems, non-contact-based temperature monitoring system; by application into oral cavity, rectum, ear, others; by end user into hospital and surgical centers, nursing facilities, ambulatory care centers, home care, others.
Major players in the temperature monitoring devices industry are 3M Company, Drägerwerk AG & Co. KGaA, Cosinuss GmbH, Helen of Troy Limited, Koninklijke Philips N.V, Microlife Corporation, Omron Healthcare, Terumo Corporation, Welch Allyn, Inc, and C. R. Bard.
Temperature Monitoring Devices Global Market Report 2021: COVID-19 Implications And Growth To 2030 is one of a series of new reports from The Business Research Company that provides template market overview, forecast template market size and growth for the whole market, template market segments, and geographies, template market trends, template market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Temperature Monitoring Devices Market Report:
Here Is A List Of Similar Reports By The Business Research Company:
Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market Report 2021: COVID 19 Implications And Growth to 2030
Respiratory Monitoring Devices Global Market Report 2021: COVID-19 Implications And Growth To 2030
Patient Monitoring Devices Market – By Types (Fetal And Neonatal Monitoring Devices, Vital Parameter Monitoring Devices, Weight Monitoring Devices, Body Temperature Devices And Remote Patient Monitoring Devices), By End User (Hospitals, Homecare, Diagnostic Centre/Clinics), By Companies, And By Region, Opportunities And Strategies – Global Forecast To 2022
Pulse Oximeters and Spirometers Market – By Product Type (Pulse Oximeters, Spirometers), Type Of Device (Handheld, Fingertip, Others), By Application (Diagnostic, Treatment Monitoring), By Patient Type (Asthma, COPD, Other General & Surgical Practice, Other Respiratory Diseases), By End-Use (Hospitals, Clinical Laboratories, Home Care), Market Size, Opportunities And Strategies – Global Forecast To 2030
Wearable Blood Pressure Monitors Market – By Product (Upper Arm Blood Pressure Monitor, Wrist Blood Pressure Monitor, Finger Blood Pressure Monitor), And By Region, Opportunities And Strategies – Global Forecast To 2030
COVID-19 Rapid Test Kits Market- By Test Type (RT PCR Test, Rapid Antigen Test, Rapid Antibody Test, Others), By Kit Type (PCR Machines, Equipment And Extraction Kits, Reagents), By Specimen Type (Nasopharyngeal Swab, Oropharyngeal Swab, Nasal Swab, Blood, Others), By End-Users (Hospitals And Clinics, Diagnostic Laboratories, Home Care, Others), And By Region, Opportunities And Strategies – Global Forecast To 2023
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology. TBRC excels in company, market, and consumer research.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293