GITNUX MARKETDATA REPORT 2024

Patient Temperature Monitoring Industry Statistics

The patient temperature monitoring industry is experiencing steady growth due to increasing demand for accurate and efficient monitoring devices in healthcare settings.

Statistic 1

"The global market for Patient Temperature Monitoring was valued at $2.6 billion in 2019,"

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Statistic 2

"The Patient temperature monitoring market is expected to reach $3.2 billion by 2024,"

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Statistic 3

"The Compound Annual Growth Rate (CAGR) of the Patient Temperature Monitoring Industry from 2019 to 2024 is predicted to be 4.1%,"

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Statistic 4

"The non-invasive patient temperature monitoring segment holds the largest share in the market in 2018,"

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Statistic 5

"The patient temperature monitoring industry's market value is projected to reach $4.5 billion by 2026,"

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Statistic 6

"The invasive product segment is projected to progress at a CAGR of 5.6% from 2019 to 2026,"

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Statistic 7

"North America accounted for the largest market share of 42.8% in the patient temperature monitoring industry in 2018,"

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Statistic 8

"The Asian Pacific region is expected to witness the fastest growth for patient temperature monitoring during the forecasted period,"

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Statistic 9

"Over 75% of hospitals in the US utilize patient temperature monitoring systems,"

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Statistic 10

"A key driver for the patient temperature monitoring industry is the rising number of surgical procedures globally,"

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Statistic 11

"The home care segment is expected to grow at a CAGR of 6.8% in the patient temperature monitoring industry from 2020 to 2027,"

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Statistic 12

"The market for patient temperature monitoring is driven largely by the increasing prevalence of infectious diseases,"

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Statistic 13

"The pediatric segment accounted for the largest share of 34.9% in 2019,"

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Statistic 14

"The thermometers segment accounted for the highest revenue share in 2019 in the patient temperature monitoring industry,"

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Statistic 15

"The demand for healthcare devices such as temperature monitoring systems for homecare use is expected to increase significantly in the next 5 years,"

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Statistic 16

"Hospital owned patient temperature monitoring accounted for over 45% of total market revenue in 2020,"

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Statistic 17

"Continuous patient temperature monitors accounted for a market share of 28.2% in 2019,"

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Statistic 18

"Less than 15% of hospitals in developing nations use patient temperature monitoring equipment,"

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Statistic 19

"The ear thermometers segment is expected to grow at the highest CAGR during the forecast period,"

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Statistic 20

"The digital thermometers segment within the patient temperature monitoring industry was valued at USD 598.8 million in 2018,"

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