Temperature Monitoring System Industry - Regional Synopsis
Regionally, the global temperature monitoring system market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America industry is likely to account for largest revenue share of 43% by 2037. Given that the United States spends the most on healthcare—upwards of 12,000 USD per person—the market in North America is anticipated to have the largest market share by the end of 2037.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of temperature monitoring system is evaluated at USD 3.67 billion.
The temperature monitoring system market size was valued at USD 3.35 billion in 2024 and is expected to reach USD 6.97 billion by 2037, expanding at around 5.8% CAGR during the forecast period i.e., between 2025-2037. Stringent regulations, prevalence of chronic and infection diseases, better cold supply chains and mandatory temperature checks in public places will boost the market growth.
North America industry is likely to account for largest revenue share of 43% by 2037, due to increasing spend on healthcare sector in the region.
The major players in the market are Koninklijke Philips N.V., SensoScientific, Inc., Masimo Americas, Inc., OMRON Healthcare, Inc., Geratherm Medical AG, KAZ Europe Sàrl, A&D Company Ltd., Toshiba Inc., 3M, Exergen Corporation
