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Exclusive Report on Body Temperature Monitoring Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

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The “Body Temperature Monitoring Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Body Temperature Monitoring industry. The information available in the Body Temperature Monitoring market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Body Temperature Monitoring market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Body Temperature Monitoring Market:

  • 3M Company
  • A&D Medical
  • Easywell Biomedicals
  • American Diagnostic Corporation
  • Hicks Thermometers (India) Limited
  • Helen of Troy Limited (Kaz USA Inc.)
  • Hill
  • Rom (Welch Allyn)
  • Cardinal Health Inc.
  • Omron Corporation
  • Microlife Corporation (Midas Investment Company Limited)

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    Market Overview:

  • The body temperature monitoring market was valued at USD 828.69 million in 2018, and it is expected to reach USD 1,132.06 million by 2024, with an anticipated CAGR of 5.38%, during the forecast period, 2019-2024.
  • – The market is growing positively, owing to the rise in infectious conditions, like swine flu and Ebola virus disease, and increase in demand for non-contact thermometers, as the use of infrared (IR) thermometers and non-contact thermometers were extremely useful for identifying the new cases of outbreak caused by the Ebola virus.
  • – Additionally, the growing pediatric population is responsible in driving the market growth, globally.
  • – The factors, such as flu outbreak, have a considerable effect on the market studied. For instance, in 2019, the European countries faced severe outcomes of flu.
  • – Additionally, increase in concerns regarding health has become a primary factor driving the market studied.
  • – In addition, the growing preference of digital thermometer helps in giving more accurate and faster result, when compared to a mercury thermometer. Furthermore, it is safe, as mercury is a neurotoxic metal than can adversely affect the human body.

    Scope of the Report:

  • Body temperature monitoring device is a common temperature measuring tool used in daily life. It is crucial for ensuring safe and efficient patient care.

    Reasons for Buying Body Temperature Monitoring Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Oral Cavity is Expected to Register the Highest CAGR in the Application Segment

    Oral cavity is found to be the most accessible and is highly believed to provide the best estimation of the core body temperature. Oral cavity is found to be the most common site for measuring body temperature, by local sensors. Eating and drinking may affect the accuracy, while measuring oral temperature. The thermometers are placed inside the mouth, under the tongue, and such readings can be inaccurate. The oral cavity temperature is measured by placing the thermometer posteriorly into the sublingual pocket, as it is very close to the sublingual arteries, which track the changes in the core body temperature.

    In addition, there are advantages and disadvantages associated with the oral thermometers. Accessibility and convenience are considered to be the advantages offered by these devices. The chance for these devices breaking into pieces, if bitten, and recording inaccurate temperature, if the person has ingested food or fluid, or has smoked, are the disadvantages of these devices. Hence, all the aforementioned factors are expected to lead to a steady growth of the market.

    North America Dominates the Market and is Expected to Continue the Same during the Forecast Period

    North America currently dominates the market for body temperature monitoring, and is expected to continue its dominance for a few more years. This region is expected to increase its market share in the future, owing to the increased adoption of body temperature monitoring devices. The United States holds majority of the market in the North American region, due to the rising cases of flu. For instance, according to the Centers for Disease Control and Prevention, 5%-20% of the US population suffer from flu each year, which increases the outpatient visits by around 31.4 million, annually. Thus, this statistics implies the huge demand for body temperature monitoring devices. Additionally, as per the American Hospital Association, there were more than 36.5 million admissions to hospitals in 2017. This huge number denoted the requirement for body temperature monitoring devices, and therefore, was as a driving factor to the market.

    Body Temperature Monitoring Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Body Temperature Monitoring Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rise of Infectious Conditions, like Swine Flu, Ebola, and Others, increasing the Demand for Non-contact Thermometers
    4.2.2 Increasing Pediatric Population Driving the Growth of Thermometers
    4.2.3 Increasing Demand for Disposable Thermometers
    4.2.4 Preference for Digital Thermometer over Mercury-based Thermometers
    4.3 Market Restraints
    4.3.1 Issues Related to Rectal Thermometers
    4.3.2 Concerns about the Use of Infrared Thermometers
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Contact
    5.1.1.1 Digital Thermometers
    5.1.1.2 Infrared Ear Thermometers
    5.1.1.3 IR Temporal Artery Thermometers
    5.1.1.4 Mercury Thermometers
    5.1.1.5 Disposable Thermometers
    5.1.1.6 Other Contact Products
    5.1.2 Non-contact
    5.1.2.1 Non-contact Infrared Thermometers
    5.1.2.2 Thermal Scanners
    5.2 By Application
    5.2.1 Oral Cavity
    5.2.2 Rectum
    5.2.3 Ear
    5.2.4 Other Applications
    5.3 By End User
    5.3.1 Hospitals
    5.3.2 Clinics
    5.3.3 Homes
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 3M Company
    6.1.2 A&D Medical
    6.1.3 Easywell Biomedicals
    6.1.4 American Diagnostic Corporation
    6.1.5 Hicks Thermometers (India) Limited
    6.1.6 Helen of Troy Limited (Kaz USA Inc.)
    6.1.7 Hill-Rom (Welch Allyn)
    6.1.8 Cardinal Health Inc.
    6.1.9 Omron Corporation
    6.1.10 Microlife Corporation (Midas Investment Company Limited)

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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