Patient temperature monitoring devices Market Intelligence

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  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Patient temperature monitoring devices category?

Are you looking for answers on Patient temperature monitoring devices category?

  • What are the key trends in Patient temperature monitoring devices category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Patient temperature monitoring devices industry?
  • How is Patient temperature monitoring devices industry performing?

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Report Coverage

  1. Market Analysis
  2. Global Market Outlook
  3. Market Dynamics
  4. Industry Engagement Model

Production Size

Global Production Size/ Capacity

2.7 Bn USD

CAGR

5.81 percent

Expected Global Production Size/ Capacity

3.28 Billion USD by 2023

Table of Contents

  1. Executive Summary
  2. Market Snapshot
  3. Global Market Outlook
  4. Covid-19 Impact
  1. Market Analysis
  2. Global Market Outlook
  3. Regional Market Outlook (North America, Europe and APAC)
  4. Industry Segmentation Analysis
  1. Industry Analysis
  2. Porter’s Five Forces Analysis
  3. Industry Events
  1. Case Study
  2. OZS Infrared Thermometer Doorbell with Bluetooth
  1. Market Dynamics
  2. Market Dynamics
  3. Industry Engagement Model

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Patient temperature monitoring devices Global Market Outlook:

MARKET OVERVIEW

  • Global market size – 2.7 Bn USD (2019)
  • Expected to grow at a CAGR of 5.81 percent Y-O-Y

Market Trends

  • Market vendors are increasingly focusing on non-contact thermometer product innovations and portfolio extension to increase their market shares.
  • New Product launches at affordable price is expected to drive the global infrared thermometer market.

Porter's Analysis on Patient temperature monitoring devices

Supplier Power

  • Patient Temperature Monitoring device market have many suppliers available globally with topkey companies combinedly holding major market share of ~60% of the supply globally.
  • High technical skills, continuous investment on innovations & new product launch are the key factors driving major suppliers power in the market.

Barriers to New Entrants

  • High technical skilled labors, continuous investment on product innovations such as smart live tracking thermometers involves huge capital cost.
  • Devices should meet regional specific regulatory approvals which impact new entrants in the competitive market.

Intensity of Rivalry

  • Technological advancement for non- contact thermometer and continuous body temperature monitoring devices have huge impact on the Industry growth factor.

  • Many Pharma companies are extending their product portfolio by adding Patient Temperature Monitoring devices products through partnership contracts since there is huge supply demand gap in the market and also to enhance the company’s overall sales growth in the market.

Threat of Substitutes

  • As such there are no substitutes to Patient Temperature Monitoring devices; but innovation in wearable devices, smart thermometers, smart sensors, non-contact devices will have impact on the market threat.

Buyer Power

  • Bargaining power for medical device clients is medium due to lower switching power owing to technical knowledge and regional specific regulatory approvals associated with the devices.

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