Monitoring Archives - Health Mettler Institute

March 10, 2023

Digital Temperature Monitoring Devices Market Report (2022 to 2030)

Newark, New Castle, USA, March 10, 2023 (GLOBE NEWSWIRE) — According to a new market research report titled, “Digital Temperature Monitoring Devices Market by Product (Tabletop, Handheld), Type (Contact-Based, Non-Contact-Based), End User (Hospitals, Clinics) – Global Outlook & Forecast 2022-2030″ published by Growth Plus Reports, the digital temperature monitoring devices market is expected to grow at a CAGR of 11.8{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} from 2021 to reach US$ 2.9 billion by 2030. Owing to the rising prevalence of infectious diseases, increasing demand for remote monitoring devices, and growing awareness about the importance of temperature control for the medical product.

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Digital Temperature Monitoring Devices Market Scope

Report Attribute	Details
Market size value in 2021	US$ 1.07 billion
Revenue forecast in 2030	US$ 2.9 billion
Growth Rate	CAGR of 11.8{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} from 2022 to 2030
Base year for estimation	2021
Forecast period	2022-2030
Historical Year	2020
Segments covered	Product, Application, End User, and Region
Regional scope	North America, Europe, Asia Pacific, and the Rest of the World (ROW)

Market Drivers

The rising prevalence of infectious diseases such as tuberculosis, influenza, swine flu, ebola, and many others which eventually lead to high body temperature is the primary driving factor for the growth of the global digital temperature monitoring devices market. For instance, according to WHO’s October 2022 factsheet, in 2021 approximately 10.6 million people were ill because of tuberculosis globally.

Among these 6 million men, 3.4 million women, and 1.2 million children. The pediatric population is more susceptible to illnesses and viruses that can cause fever, therefore the growing pediatric population may raise demand for body temperature monitoring equipment. Partnerships between big companies are also contributing to the overall growth of the global digital temperature monitoring devices market.

Furthermore, as people become more aware of the need for temperature management for medical items such as vaccinations and pharmaceuticals, demand for digital temperature monitoring systems has grown.

The global digital temperature monitoring devices market is analyzed from four perspectives: Product, Application, End-user, and Region.

Excerpts from ‘By Product Segmentation’

Based on product, the global digital temperature monitoring devices market is segmented into:

The handheld segment accounted for the majority of revenue share in 2021, owing to its mobility and ease of use, allowing users to swiftly and reliably detect the temperature in a variety of scenarios. The hand-held device segment of the digital temperature monitoring device market refers to portable and small temperature-measuring devices that can be held in one’s hand. These devices are frequently employed in a variety of applications, including food safety, medicinal, HVAC, and industrial operations. This segment’s growth is being fuelled further by technological improvements, such as the incorporation of Bluetooth and Wi-Fi networking, which enables real-time temperature monitoring and data sharing. These factors all contribute to the overall growth of the handheld segment.

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Excerpts from ‘By Type Segmentation’

Based on the type, the global digital temperature monitoring devices market is bifurcated into:

Contact-Based
Non-Contact-Based

The contact-based digital temperature monitoring devices are the fastest growing segment during the forecast period, owing to measuring the temperature at the point of contact, contact-based temperature monitoring eliminates the potential for errors due to factors such as ambient temperature or emissivity. Additionally, contact-based temperature monitoring provides highly accurate temperature readings, making it ideal for applications that require precise temperature control. They are typically simple to use and require little to no setup or preparation, making them ideal for applications where quick and straightforward temperature measurements are needed. Moreover, they are cost-effective and versatile to use, these benefits contribute to the segment’s growth.

Excerpts from ‘By End User Segmentation’

Based on the end user, the global digital temperature monitoring devices market is segmented into:

Hospitals
Clinics
Nursing Facilities
Ambulatory Care Centers
Long-Term Care Centers
Homecare Settings
Others

Because of the increased frequency of infectious illnesses, hospitals held the greatest revenue share in 2021. Additionally, these devices allow for non-invasive temperature readings and can be quickly cleaned between usage, the adoption of digital temperature monitoring systems in hospitals and healthcare institutions helps to decrease the danger of infections and cross-contamination. Furthermore, as compared to traditional thermometers, digital temperature monitoring devices give more precise and consistent temperature readings, making them useful tools in the care of patients with fever and other temperature-related illnesses. These reasons all contribute to the expansion of the hospital market.

Excerpts from ‘By Region Segmentation’

Geographically, the global digital temperature monitoring devices market has been segmented into:

North America
Europe
Asia Pacific
rest of the world

North America dominated the global digital temperature monitoring devices in 2021, owing to Advancements in technology, Growing demand in healthcare, and the presence of major market players. Additionally, companies are continuously working on launching new and innovative products with improved functionality, and providing better customer service is also driving the regional digital temperature monitoring devices market.

For instance, in December 2022, SmartFuture, a well-known health-tech company that provides integrated RPM (Remote Patient Monitoring) solutions, released an RPM SDK (Software Development Kit). This includes the ability to wirelessly connect to 400 wireless medical devices from 40+ brands in order to capture and send health vitals such as blood glucose meters, smart body scales, blood pressure monitors, oximeters, ECG monitors, thermometers, ultrasound, otoscopes, and so on to their own cloud database. SmartFuture’s RPM SDK solution saves providers and payers significant time and money.

Excerpts from ‘Competitive Landscape’

Some prominent players operating in the global wound care films market are:

Table of Content

INTRODUCTION
1. Market Ecosystem
2. Timeline Under Consideration
  1. Historical Years – 2020
  2. Base Year – 2021
  3. Forecast Years – 2022 to 2030
3. Currency Used in the Report
RESEARCH METHODOLOGY
1. Research Approach
2. Data Collection Methodology
3. Data Sources
  1. Secondary Sources
  2. Primary Sources
4. Market Estimation Approach
  1. Bottom Up
  2. Top Down
5. Market Forecasting Model
6. Limitations and Assumptions
PREMIUM INSIGHTS
1. Current Market Trends (COVID-19 Perspective)
2. Key Players & Competitive Positioning (2021)
MARKET DYNAMICS
1. Drivers
2. Restraints/Challenges
3. Opportunities
GLOBAL DIGITAL TEMPERATURE MONITORING DEVICES MARKET – ANALYSIS & FORECAST, BY TYPE
1. Tabletop
2. Handheld
3. Wearable Continuous Monitoring Thermometers
4. Smart Temperature Patches & Sensors
GLOBAL DIGITAL TEMPERATURE MONITORING DEVICES MARKET – ANALYSIS & FORECAST, BY APPLICATION
1. Contact-Based
2. Non-Contact-Based

TOC Continued…

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VALUE PROPOSITIONS RELATED TO THE REPORT:

Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
Comprehensive quantitative and qualitative insights at segment and sub-segment level
Covid 19 impact trends and perspective
Granular insights at global/regional/country level
Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
Blanket coverage on competitive landscape
Winning imperatives
Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

CUSTOMIZATION OPTIONS:

Distributor Landscape Assessment
Pricing Intelligence
Customer Base Assessment
Investment & Initiatives Analysis
‘Business Profile’ of Key Players

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About Us:

Growth Plus Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association).

Growth Plus portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success.

We were awarded by the prestigious CEO Magazine as “Most Innovative Healthcare Market Research Company in 2020.

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January 26, 2023

Technology in wound care: digital health, remote monitoring, and AI

The pandemic catalysed the integration of modern-day tools like remote monitoring, telemedicine, and digital wellbeing in traditional disciplines of medication.

Wound therapeutic is normally assessed via in-particular person visits at household or in a health care facility. Even so, due to wellness limitations for the duration of the pandemic, visits have been performed fewer frequently or paused for lengthy durations of time, leaving sufferers with improved duty for their personal care, and in some scenarios, inadequate assets to reach appropriate treatment. New enhancements in distant checking products and electronic wellbeing know-how can assistance health supplement the endeavours of healthcare workers and present practical, available, and ongoing care, in particular to individuals with limited mobility or continual disorders.

A electronic individual report can include images, phone and movie interviews, and textual content-dependent facts like checking information. Healthcare professionals can entry the data on the net, allowing for collaborative evaluation and action, therefore increasing high quality of care. Including wellness apps, clients can track well being indicators for wound therapeutic and progression on their very own or with automatic checking gadgets. Clinicians can then verify in on a standard foundation when prompted by the client, or in reaction to irregular benefits. This allows to cut down on non-vital in-particular person visits and can be applied to keep track of individual adherence to at-dwelling procedure plans. Advancements in residence health care also market individual protection following being discharged from the medical center and will support to decrease clinic readmission costs.

Checking data can also be coupled with synthetic intelligence (AI) software package to recognise worsening circumstances. For case in point, affected individual motion can be employed to forecast the location and severity of pressure wounds, or ongoing measurements of wound measurement, temperature, and color can be made use of to discover an infection. Exploration is also investigating ‘smart’ engineering that enables serious-time wound measurement, evaluation, and cure. These units can be managed with smartphones and activated remotely, like ‘smart’ bandages that sense temperature and can present electrical stimulation to motivate wound healing and prevent infection. Detecting early indicators of an infection can lead to more quickly intervention, cutting down overall threat and healing time for the client, and requiring less healthcare assets.

Traditionally, very poor impression or video resolution has been a shortfall of client-collected knowledge and an obstacle for popular use. Right now, smartphones are more widespread, and most can generate higher-high-quality images. Electronic well being platforms also frequently offer instructional equipment for patients and utilize AI software package, which could be utilised to make certain that the visuals, videos, and data submitted by the patient are of ample top quality before forwarding to their clinician.

These technologies will provide as a usually means for clients to continue acquiring superior-excellent treatment amid the existing healthcare constraints and resource cuts. On the other hand, the digitisation of client records is restricted by bottlenecks in processing, cataloguing, and interpreting substantial quantities of details. Additionally, the safety of sufferers, experts, and health care application providers will grow to be significantly critical, as delicate and own facts is transmitted, saved, accessed, and shared. Regardless of these challenges, these proactive and assistive units could be the critical to empowering sufferers, meeting long run healthcare desire, and protecting against the health care technique from getting more than-burdened.

January 23, 2023

Waire Health to Scale Remote Patient Monitoring Technology Following Eos-Led Investment | Business

DUNFERMLINE, Scotland–(Enterprise WIRE)–Jan 23, 2023–

Scottish startup Waire Wellbeing is set to scale its sensor technological know-how that is intended to make improvements to distant ward monitoring and lower clinic readmissions, next an expense from St Andrews-based mostly Eos Advisory, a £2 million spherical secured alongside Scottish Organization. The funding will see the organization to expand its management crew, creation, and product development abilities, when enabling Waire Well being to accelerate growth in world markets including North America.

This press launch options multimedia. Check out the complete release listed here: https://www.businesswire.com/information/property/20230123005314/en/

Still left to suitable are Kathrina Skinner (Waire Wellness), Mark Beaumont (Eos), and Dave Hurhangee (Waire Health and fitness) (Photograph: Enterprise Wire)

Waire Health’s distant patient checking unit, C-Detect, operates in hospitals and properties autonomously, lessening expenditures and bettering outcomes by way of steady true-time checking and advanced artificial intelligence. The business sells platform agnostic sensors generally to health care technology platform vendors, who in turn offer into hospitals and other healthcare organisations.

Dave Hurhangee, CEO and Founder of Waire Wellbeing, said: “The full area of care at house received pushed about the edge throughout Covid. What lots of corporations did not absolutely value was the paramount great importance of usability. If gadgets have to rely on cell connections or Bluetooth, they grow to be complicated to use from the outset, for equally clients and health care companies. We deliver structure and detail from many years of encounter of doing work with the technological know-how, and our products drop back again to mobile if Wi-Fi falls off. We believe we have the finest-of-class providing in the marketplace, and that is becoming evidenced by the good results we’re having in the industry.”

The C-Detect system, which has been made at the company’s Dunfermline headquarters and is produced at a facility in close proximity to Edinburgh, has undergone substantial trials with the College of California, and Waire Health and fitness has partnerships in position with organisations ranging from world wide health care organisations to national governments.

Hurhangee began establishing wearable engineering for radiation checking on Ministry of Defence nuclear submarines primarily based at Rosyth near Edinburgh in the mid-Eighties. Hurhangee extra: “If you can run a monitoring machine from a submarine, that offers you a potent basis to establish for apps throughout several sectors and environments. Together these strains, we’re now branching out into sectors outside the house healthcare, so that will be section of our subsequent phase of growth.”

Because launching Waire Health and fitness in 2018, the business has attained a number of milestones, and was chosen by the European Union’s Nightingale task in 2018 from just about 200 applications like by many of the industry’s key gamers. The organization is also functioning a pilot research in partnership with the Irish Authorities and Indian multinational conglomerate The Tata Team.

Mark Beaumont, Partner, Eos, explained: “As healthcare programs in the Uk and all over the environment move to remote checking and genuine time individual data, we see a big possibility for Waire Wellness to scale its C-Detect unit. Eos is focused on locating, backing, and scaling the best science and technology in Scotland that improves quality of lifetime, of which Waire is a amazing illustration.”

Perspective supply version on businesswire.com:https://www.businesswire.com/news/dwelling/20230123005314/en/

Get in touch with: Dave Hurhangee

dave@waire.health and fitness

Search term: UNITED KINGDOM EUROPE

Market Key phrase: Wellness HOSPITALS

Source: Waire Overall health

PUB: 01/23/2023 08:03 AM/DISC: 01/23/2023 08:03 AM

http://www.businesswire.com/information/residence/20230123005314/en