Temperature Monitoring Devices Market Report

Temperature Monitoring Devices Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2014 To 2020

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  • Report ID: GVR1234
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Temperature monitoring devices are crucial for ensuring safe and efficient patient care. The increasing technological advancements in the self care segment, increasing demands for the disposable thermometers, innovation of cost effective and accurate devices due to intense competition are the vital driving forces of this market. Temperature monitoring is also essential to avoid hypothermia or hyperthermia situations. Thermo regulation or temperature maintenance is essential to avoid any antigenic response, infection or inflammation. These devices can be also used for home care and have gained substantial preference owing to their cost effectiveness and convenience. 

The global market for temperature monitoring devices is segmented on the basis of products, technology and region. The threat of mercury poisoning due to the usage of mercury in thermometers has always been a concern and it has led to the development of infra red and digital thermometers. Thermometers containing indium, tin alloy or gallium are also being used. Digital thermometers, Electronic temperature monitors, Infra-red aural thermometers and temperature strips are the major product types in this market. Based on technology, temperature monitoring devices are mercury based or mercury free. Digital thermometers are preferred as they are faster, economical and more precise compared to other versions. They also make the temperature monitoring process easy and quick. Owing to the aforementioned reason digital thermometers account for the largest market share. The most popular version of technology presently in the market is battery operated flexible tip oral thermometers. 

On the basis of region, market for temperature monitoring devices is segmented into North America, Europe, Asia-Pacific and RoW. North America holds the largest market share in this market presently due to the increase in health awareness and increasing base of geriatric population. Asia-Pacific is expected to grow at a significant rate in the forecast period due to the rising health concerns and increasing numbers of healthcare facilities. In China and India many hospitals have shifted towards digital thermometers replacing the mercury based thermometers.

The key players of this market are Covidien Plc, Microlife Corporation, Kaz Inc, A & D Medical Company, Actherm Inc, Geratherm Medical AG, Hicks thermometers Ltd, Omron Healthcare Inc, Exergen Corporation, Terumo Corporation, Radiant Innovation, Mediaid Inc, CR Hallcrest, 3M Comapny, and Welch Allyn. 

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