The Temperature Monitoring Devices Market is expected to grow from US$3,637.294 million in 2025 to US$4,678.361 million in 2030, at a CAGR of 5.16%.
Temperature monitoring devices are complex systems assembled, comprising multiple electronic devices to provide accurate and detailed data on the temperature of a body. The demand for temperature monitoring is estimated to show good growth in the coming years, owing to the rising cases of infectious diseases. Furthermore, rapid technological advancements resulting in the development of non-contact temperature devices are anticipated to drive the demand for these devices further.
Geographically, the global temperature monitoring market is segmented into North America, Europe, the Middle East & Africa, Asia Pacific, and South America. The Asia Pacific region is estimated to show multiple growth opportunities in the coming years on account of rapidly expanding healthcare infrastructure and increasing adoption of more sophisticated healthcare and temperature monitoring solutions in developing economies within the region.
The global temperature monitoring market is competitive owing to the presence of well-diversified global and regional players. However, some big international players dominate the market with their advancement in the technology of sensors, their accuracy, and their price. Major players in the temperature monitoring devices are BD, Omron Healthcare, Terumo Corporation, Drägerwerk AG & Co. KGaA, Koninklijke Philips Electronics N.V., 3M, Welch Allyn, Hicks Thermometers India Limited, Helen of Troy Limited, and Microlife Corporation.
Temperature Monitoring Devices Market Segmentation: