Global Patient Temperature Monitoring Market at a CAGR of 4.9 % Growth, Trends and Absolute Opportun

Due to high demand and the value of market research for the success of different sectors, Global Patient Temperature Monitoring Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Global Patient Temperature Monitoring Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the centre while obtaining the best result via this Global Patient Temperature Monitoring Market report for Medical device industry.

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.

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Market Definition: Global Patient Temperature Monitoring Market

Patient temperature monitoring device is portable measurement equipment that autonomously records the temperature for a particular period of time. These monitors help in measuring a patient’s temperature during postoperative care, surgery, critical care, shock, sepsis and infections, treatment of hypothermia and hyperthermia, fertility and ovulation assessment, or in other cases where there is a need to continuously monitor the body temperature. This is usually used for gathering temperature data from various field conditions and monitoring the shipments in a cold chain.

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

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

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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.

Competitive Analysis:

The global Patient Temperature Monitoring Market is highly fragmented and the major players have used different strategies such as expansions, new product launches, agreements, partnerships, acquisitions, joint ventures, and others to increase their footprints in this market. The report includes market shares of patient temperature monitoring market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.