Exergen Corporation, in order to advertise the professional series Temporal Artery Thermometers in Australia and New Zealand, Exergen Corporation, a leader in infrared temperature monitoring technologies for medical applications, announced that it had signed a marketing and distribution agreement with ECOMED.
Masimo Americas, Inc announced the public launch of the Radius T° Continuous Thermometer, a much more convenient way of monitoring fever. The wristband, with a wireless sensor, offers convenient and continuous body temperature measurements.
Author Credits: Rushikesh, Richa Gupta
Report ID: 404
Published Date: Feb 13, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Stringent regulations, prevalence of chronic and infection diseases, better cold supply chains and mandatory temperature checks in public places are the major factors driving the growth of the temperature monitoring system market.
The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.
Low demand in underdeveloped countries, expensive to install systems, and possibility of transmission of infectious agents in contact-based systems are the challenges affecting the market growth.
The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.
The major players in the market are Koninklijke Philips N.V., SensoScientific, Inc., Masimo Americas, Inc, OMRON Healthcare, Inc., Geratherm Medical AG, KAZ Europe SÃ rl, A&D Company Ltd., Toshiba Inc., 3M, and Exergen Corporation.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by technology, product, end-user, application, and by region.
The hospitals segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.