Harrisburg, NC -- (SBWIRE) -- 10/19/2020 -- Temperature Monitoring Devices Global Market Report 2020 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The global temperature monitoring devices market is expected to grow from $2.67 billion in 2019 to about $26.7 billion in 2020 due to a massive increase in demand for such devices for constant temperature monitoring of Covid-19 patients. The market is expected to stabilize and reach $3.7 billion at a CAGR of 8.2% through 2023.
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Top Leading Companies Mentioned are 3M Company, Drgerwerk 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. Bar.
Temperature monitoring devices market is experiencing a massive growth due to the Covid-19 pandemic. Temperature monitoring of individuals or suspected patients is the first mode of diagnosis for Covid-19 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.
The temperature monitoring devices market consists of sales of temperature monitoring devices and related services which are used to measure the temperature of a person or patients' body. The market consists of revenue generated by the companies manufacturing temperature monitoring devices by the sales of these products. North America was the largest region in the temperature monitoring devices market in 2019. The temperature monitoring devices market in Asia Pacific is forecasted to register the highest CAGR during 2019-2023. The temperature monitoring devices market covered in this report is segmented by type into contact-based temperature monitoring systems, non-contact-based temperature monitoring system and by application into oral cavity, rectum, ear, others.
High cost of advanced temperature monitoring devices may hinder the growth of the temperature monitoring devices market. The average cost of thermometers ranges from US$1 to US$114. The high cost of these devices is due the high costs of sensors used in it. This is a high amount for low-economic countries in Africa, South-America and several Asian countries. Thus, high cost of temperature monitoring devices is hindering the temperature monitoring device market.
This report provides a detailed analysis of the Temperature Monitoring Devices market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Temperature Monitoring Devices Industry:
Temperature Monitoring Devices Market Sales Overview.
Temperature Monitoring Devices Market Sales Competition by Manufacturers.
Temperature Monitoring Devices Market Sales Analysis by Region.
Temperature Monitoring Devices Market Sales Analysis by Type.
Temperature Monitoring Devices Market Analysis by Application.
Temperature Monitoring Devices Market -Manufacturers Analysis.
This independent 200 pages report guarantees you will remain better informed than your competition. With over figures examining the Temperature Monitoring Devices market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2030.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Temperature Monitoring Devices in these regions, from 2015 to 2030(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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Furthermore, the report provides a detailed analysis of the global Temperature Monitoring Devices market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Temperature Monitoring Devices market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Key Points of this Report:
-Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
-Create regional and country strategies on the basis of local data and analysis.
-Identify growth segments for investment.
-Outperform competitors using forecast data and the drivers and trends shaping the market.
-Understand customers based on the latest market research findings.
-Benchmark performance against key competitors.
-Utilize the relationships between key data sets for superior strategizing.
-Suitable for supporting your internal and external presentations with reliable high quality data and analysis
-Report will be updated with the latest data and delivered to you within 3-5 working days of order.
The research includes historic data from 2015 to 2020 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Temperature Monitoring Devices on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Temperature Monitoring Devices Market and assist manufacturers and investment organization to better grasp the development course of Temperature Monitoring Devices Market.
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Body Temperature Monitoring Devices Market:
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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