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Body Temperature Monitoring Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

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The “Body Temperature Monitoring Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Body Temperature Monitoring market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Body Temperature Monitoring market report also offers market competitors that includes detailed company profiles along with company product specifications.

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.

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    In Body Temperature Monitoring Market Report, Following Companies Are Covered:

  • 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)

    Body Temperature Monitoring Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    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.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Body Temperature Monitoring create from those of established entities?

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    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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