The Temperature Monitoring Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Temperature Monitoring Devices Market?
The global temperature monitoring devices market has seen substantial growth in recent years. The market size is projected to increase from $1.62 billion in 2024 to $1.72 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Temperature Monitoring Devices Industry?
The global market for temperature monitoring devices is expected to reach $2.18 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.1%.
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What are the Key Growth Drivers Fueling the Temperature Monitoring Devices Market?
The key drivers in the temperature monitoring devices market are:
• Increasing demand for temperature monitoring systems and their strategies
• Importance of maintaining air temperature in a controlled environment
• Rising demand for wireless temperature monitoring systems
• Increase in healthcare expenditure
Global Market Segmentation: Identifying Major Temperature Monitoring Devices Industry Segments
The temperature monitoring devices market covered in this report is segmented –
1) By Type: Contact-based Temperature Monitoring Systems, Non-Contact-based Temperature Monitoring System
2) By Application: Oral Cavity, Rectum, Ear, Other Applications
3) By End User: Hospital And Surgical Centers, Nursing Facilities, Ambulatory Care Centers, Home Care, Other End Users
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What are the Emerging Trends Shaping the Future of the Temperature Monitoring Devices Market?
The key trends in the temperature monitoring devices market are:
• There is an evident shift towards product innovation within the market sphere.
• Advancements in technology are progressively influencing the future trends in this sector.
• The industry is witnessing a surge in demand for non-contact-based temperature monitoring.
• The future of the market will be deeply influenced by a growing environmental consciousness and the use of artificial intelligence.
Who Are the Top Competitors & Leading Players in the Temperature Monitoring Devices Market?
Major companies in the temperature monitoring devices market are:
• 3M Company
• Drägerwerk AG & Co. KGaA
• Cosinuss GmbH
• Helen of Troy Limited
• Koninklijke Philips N.V.
• Microlife Corporation
• Omron Healthcare Co. Ltd.
• Terumo Corporation
• Welch Allyn Inc.
• C. R. Bard Inc.
• Measurement Specialties Inc.
• Circa Scientific LLC
• NOVAMED USA
• Truer Medical Inc.
• Med-link Electronics Tech Co. Ltd.
• Rongrui (Shanghai) Technology Development Co. Ltd.
• Exsense Medical Technology Corporation
• Medtronic plc
• Becton Dickinson and Company
• Medline Industries Inc.
• Amphenol Corporation
• Egate Smart Building Innovation's Inc.
• Silicon Laboratories Inc.
• Shinyei Capacitor Co. Ltd.
• Energy Service Company
• Technosoft Solutions India Pvt Ltd.
• Securitas Healthcare
• ABB Ltd.
• DeltaTRAK Inc.
• Emerson Electric Co.
• Fluke Corporation
Regional Dominance: Which Area Leads the Global Temperature Monitoring Devices Market?
North America was the largest region in the temperature monitoring devices market in 20232
