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Product Code MM0911711517PT
Published Date 2025/2/6
English418 PagesGlobal

Temperature Monitoring Systems Market by Type (Wireless, Strip, Pyrometer, IR), Application (Patient Monitoring, Lab, Manufacturing, Cold Storage, Home Care, Server), End User (Healthcare, Food, Pharma, Energy, Semi-conductor) - Global Forecast to 2030 ‐ MedicalDevice / MedTech Market


Report Thumbnail
Product Code MM0911711517PT◆The Feb 2026 edition is also likely available. We will check with the publisher immediately.
Published Date 2025/2/6
English 418 PagesGlobal

Temperature Monitoring Systems Market by Type (Wireless, Strip, Pyrometer, IR), Application (Patient Monitoring, Lab, Manufacturing, Cold Storage, Home Care, Server), End User (Healthcare, Food, Pharma, Energy, Semi-conductor) - Global Forecast to 2030 ‐ MedicalDevice / MedTech Market



Abstract

This report provides a comprehensive analysis of the global temperature monitoring systems market, which is poised for steady growth driven by rising safety standards in temperature-sensitive industries. The study examines various segments, including contact-based systems and monitoring hardware, highlighting the dominance of the healthcare and life sciences sectors. While high installation costs in emerging economies pose a challenge, increasing demand for wireless solutions and personal health monitoring offers significant opportunities. The Asia Pacific region is expected to exhibit the fastest growth throughout the forecast period.

Related Questions

USD 4.15 billion in 2024 to USD 5.66 billion by 2030

5.3% (forecast period 2024-2030)

3M (US), Cardinal Health (US), Emerson Electric (US), Honeywell International Inc. (US), Koninklijke Philips N.V. (Netherlands), ABB (US), Fortive Corporation (US), Thermo Fisher Scientific (US), Siemens AG (Germany), Masimo (Japan), Toshiba (Japan), Welch Allyn (US), Geratherm Medical AG (Switzerland)

Growing safety standards for temperature-sensitive industries, Increasing adoption of wireless temperature monitoring systems for remote monitoring, Expansion in the secondary manufacturing sector


Summary

Market Overview

The global temperature monitoring systems market is projected to grow from USD 4.15 billion in 2024 to USD 5.66 billion by 2030, representing a compound annual growth rate (CAGR) of 5.3% during the forecast period.

Market Drivers and Restraints

  • Growth Drivers: The increasing safety standards within temperature-sensitive industries are anticipated to be a major factor boosting market growth during the forecasting years.
  • Market Restraints: The high installation costs of temperature monitoring systems in emerging economies act as a factor affecting market growth.

Market Segmentation

By Type

The contact-based temperature monitoring systems segment is projected to hold the largest market share in 2024.

Temperature monitoring systems are segmented by type into:

  • Contact-based temperature monitoring systems: This segment is expected to dominate the market during the forecast period. It is further subdivided into:
  • Conventional temperature monitoring systems
  • Wireless temperature monitoring systems
  • Temperature measuring strips and labels
  • Note: Growth in this segment is driven by the increasing prevalence of infectious diseases, enhancements in systems and software, and the rising global adoption of wireless temperature monitoring systems.
  • Non-contact-based temperature monitoring systems

By Product

The monitoring systems segment is projected to hold the largest market share in 2024.

Temperature monitoring systems are segmented by product into:

  • Monitoring systems: This segment is expected to dominate the market during the forecast period. It is further subdivided into:
  • Analog monitoring systems
  • Digital monitoring systems
  • Note: Growth in monitoring systems is driven by the rising demand for wearable devices for personal health monitoring and increased health awareness leading to the use of home-based temperature monitoring systems.
  • Software & Services

By End User

The hospitals companies segment is projected to hold the largest market share in 2024.

The end-user market is segmented into:

  • Food & beverage product manufacturers
  • Healthcare & life science facilities (Accounted for the largest share of the global market during the forecasted years due to major applications, high demand from the hospital sector, and the growing number of hospitals in emerging countries)
  • Chemical & petrochemical manufacturers
  • Medical device manufacturing companies
  • Pharmaceutical & biotechnology companies
  • Semiconductor & electronics companies
  • Energy & power generation companies
  • Other end users

Regional Analysis

The APAC region is expected to register the highest growth rate for temperature monitoring systems in 2024.

The market covers five key geographies:

  • North America: Held a significant market share in 2023, comprising the US and Canada.
  • Asia Pacific: Estimated to register the highest growth rate during the forecast period due to increasing market penetration opportunities in emerging APAC countries.
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape

Participant Breakdown

  • By Company Type:
  • Tier 1: 31%
  • Tier 2: 49%
  • Tier 3: 20%
  • By Designation:
  • Directors: 19%
  • C-level: 28%
  • Others: 53%
  • By Region:
  • North America: 31%
  • Europe: 33%
  • Asia Pacific: 19%
  • Latin America: 10%
  • MEA: 7%

Key Players

The prominent players in the temperature monitoring systems market include:

  • 3M (US)
  • Cardinal Health (US)
  • Emerson Electric (US)
  • Honeywell International Inc. (US)
  • Koninklijke Philips N.V. (Netherlands)
  • ABB (US)
  • Fortive Corporation (US)
  • Thermo Fisher Scientific (US)
  • Siemens AG (Germany)
  • Masimo (Japan)
  • Toshiba (Japan)
  • Welch Allyn (US)
  • Geratherm Medical AG (Switzerland)
  • Others

Research Coverage & Report Insights

Scope of Research

This report studies the temperature monitoring systems market based on product, type, application, end user, and region. It includes:

  • Analysis of factors affecting market growth.
  • Analysis of various market opportunities and challenges.
  • Details of the competitive landscape for market leaders.
  • Micro-market analysis regarding individual growth trends.
  • Revenue forecasts for market segments across five main regions and their respective countries.

Strategic Value (Reasons to Buy)

The report enables established firms and new entrants/smaller firms to gauge market trends to help garner larger market shares. Buyers can use the following insights to strengthen market presence:

  • Market Dynamics Analysis:
  • Key Drivers: Expansion in the secondary manufacturing sector; growing safety standards for temperature-sensitive industries; increasing adoption of wireless temperature monitoring systems for remote monitoring; rising patient population and subsequent increase in diagnostic and surgical procedures; impending patent cliff.
  • Restraints: High prices of advanced products; high installation costs in developing countries.
  • Opportunities: Increasing adoption of IoT and AI technologies; rising infectious diseases and medical tourism in emerging markets.
  • Challenges: Technical limitations associated with infrared and mercury thermometers.
  • Market Penetration: Comprehensive information on the product portfolios of top players.
  • System Development/Innovation: Detailed insights into upcoming trends, R&D activities, and system developments.
  • Market Development: Comprehensive information on lucrative emerging regions.
  • Market Diversification: Exhaustive information regarding new products, growing geographies, and recent developments.
  • Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and services of leading market players.

Table of Contents

  • 1 INTRODUCTION 36

    • 1.1 STUDY OBJECTIVES 36
    • 1.2 MARKET DEFINITION 36
    • 1.3 STUDY SCOPE 37
      • 1.3.1 MARKET SEGMENTATION & GEOGRAPHICAL SPREAD 37
      • 1.3.2 INCLUSIONS & EXCLUSIONS 38
      • 1.3.3 YEARS CONSIDERED 39
      • 1.3.4 CURRENCY CONSIDERED 39
    • 1.4 MARKET STAKEHOLDERS 39
    • 1.5 SUMMARY OF CHANGES 40
  • 2 RESEARCH METHODOLOGY 41

    • 2.1 RESEARCH DATA 41
      • 2.1.1 SECONDARY DATA 42
        • 2.1.1.1 Objectives of secondary research 42
        • 2.1.1.2 List of secondary sources 43
      • 2.1.2 PRIMARY DATA 43
        • 2.1.2.1 Key data from primary sources 44
        • 2.1.2.2 Objectives of primary research 45
    • 2.2 MARKET ESTIMATION METHODOLOGY 45
      • 2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION 46
        • 2.2.1.1 Segmental revenue share analysis 47
      • 2.2.2 USAGE-BASED MARKET ESTIMATION 48
      • 2.2.3 TOP-DOWN APPROACH 50
      • 2.2.4 VOLUME DATA ANALYSIS 51
      • 2.2.5 PRIMARY RESEARCH VALIDATION 51
    • 2.3 DATA TRIANGULATION 52
    • 2.4 STUDY ASSUMPTIONS 53
    • 2.5 RESEARCH LIMITATIONS 53
    • 2.6 RISK ASSESSMENT 54
  • 3 EXECUTIVE SUMMARY 55

  • 4 PREMIUM INSIGHTS 60

    • 4.1 TEMPERATURE MONITORING SYSTEMS MARKET OVERVIEW 60
    • 4.2 CONTACT-BASED TEMPERATURE MONITORING SYSTEMS MARKET
    • 4.3 EUROPE: TEMPERATURE MONITORING SYSTEMS MARKET
    • 4.4 TEMPERATURE MONITORING SYSTEMS MARKET:
    • 4.5 TEMPERATURE MONITORING SYSTEMS MARKET: REGIONAL MIX, 2022-2030 63
  • 5 MARKET OVERVIEW 64

    • 5.1 INTRODUCTION 64
    • 5.2 MARKET DYNAMICS 64
      • 5.2.1 DRIVERS 65
        • 5.2.1.1 Expansion of secondary manufacturing sector 65
        • 5.2.1.2 Rising safety standards for temperature-sensitive industries 65
        • 5.2.1.3 Growing adoption of wireless temperature monitoring systems 66
        • 5.2.1.4 Rising patient population and increasing number of
        • 5.2.1.5 Impending patent cliff 67
      • 5.2.2 RESTRAINTS 68
        • 5.2.2.1 High price and installation cost of advanced products in
      • 5.2.3 OPPORTUNITIES 68
        • 5.2.3.1 Increasing adoption of IoT and AI technologies 68
        • 5.2.3.2 High focus on medical tourism in emerging economies 68
      • 5.2.4 CHALLENGES 69
        • 5.2.4.1 Technical limitations in infrared and mercury thermometers 69
    • 5.3 REGULATORY ANALYSIS 69
      • 5.3.1 REGULATORY FRAMEWORK 69
        • 5.3.1.1 North America 69
          • 5.3.1.1.1 US 69
          • 5.3.1.1.2 Canada 71
        • 5.3.1.2 Europe 71
        • 5.3.1.3 Asia Pacific 72
          • 5.3.1.3.1 China 72
          • 5.3.1.3.2 Japan 72
          • 5.3.1.3.3 India 73
        • 5.3.1.4 Latin America 74
          • 5.3.1.4.1 Brazil 74
          • 5.3.1.4.2 Mexico 74
        • 5.3.1.5 Middle East 74
        • 5.3.1.6 Africa 75
      • 5.3.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
    • 5.4 VALUE CHAIN ANALYSIS 77
      • 5.4.1 RESEARCH & PRODUCT DEVELOPMENT 78
      • 5.4.2 RAW MATERIAL PROCUREMENT AND MANUFACTURING 78
      • 5.4.3 DISTRIBUTION, MARKETING & SALES, AND POST-SALES SERVICES 78
    • 5.5 SUPPLY CHAIN ANALYSIS 79
      • 5.5.1 PROMINENT COMPANIES 79
      • 5.5.2 SMALL & MEDIUM-SIZED ENTERPRISES 79
      • 5.5.3 DISTRIBUTORS 79
      • 5.5.4 END USERS 79
    • 5.6 ECOSYSTEM ANALYSIS 80
    • 5.7 PORTER’S FIVE FORCES ANALYSIS 82
      • 5.7.1 INTENSITY OF COMPETITIVE RIVALRY 83
      • 5.7.2 BARGAINING POWER OF SUPPLIERS 84
      • 5.7.3 BARGAINING POWER OF BUYERS 84
      • 5.7.4 THREAT OF SUBSTITUTES 84
      • 5.7.5 THREAT OF NEW ENTRANTS 84
    • 5.8 KEY STAKEHOLDERS & BUYING CRITERIA 85
      • 5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 85
      • 5.8.2 KEY BUYING CRITERIA 86
    • 5.9 TRADE ANALYSIS 87
      • 5.9.1 IMPORT DATA FOR HS CODE 902519 87
      • 5.9.2 EXPORT DATA FOR HS CODE 902519 88
    • 5.10 PATENT ANALYSIS 89
      • 5.10.1 LIST OF MAJOR PATENTS 90
    • 5.11 PRICING ANALYSIS 90
    • 5.12 TECHNOLOGY ANALYSIS 95
      • 5.12.1 KEY TECHNOLOGIES 95
        • 5.12.1.1 Sensor technologies 95
        • 5.12.1.2 Thermal imaging 95
        • 5.12.1.3 IoT and cloud integration 95
        • 5.12.1.4 AI and ML 96
      • 5.12.2 COMPLEMENTARY TECHNOLOGIES 96
        • 5.12.2.1 Connectivity and networking 96
        • 5.12.2.2 Energy harvesting 96
        • 5.12.2.3 Automation and control systems 96
        • 5.12.2.4 Wearable and portable technologies 96
      • 5.12.3 ADJACENT TECHNOLOGIES 97
        • 5.12.3.1 Humidity sensing technologies 97
        • 5.12.3.2 Dew point monitoring 97
    • 5.13 KEY CONFERENCES & EVENTS, 2025-2026 97
    • 5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 98
    • 5.15 INVESTMENT & FUNDING SCENARIO 99
    • 5.16 UNMET NEEDS 100
    • 5.17 IMPACT OF AI/GEN AI ON TEMPERATURE MONITORING SYSTEMS MARKET 101
  • 6 TEMPERATURE MONITORING SYSTEMS MARKET, BY PRODUCT 102

    • 6.1 INTRODUCTION 103
    • 6.2 MONITORING SYSTEMS 103
      • 6.2.1 ANALOG MONITORING SYSTEMS 106
        • 6.2.1.1 Cost-effectiveness and durability to support adoption in small-scale industries and research facilities 106
      • 6.2.2 DIGITAL MONITORING SYSTEMS 107
        • 6.2.2.1 Seamless IoT and cloud integration to fuel market growth 107
    • 6.3 SOFTWARE & SERVICES 108
      • 6.3.1 DATA MANAGEMENT & MONITORING SOLUTIONS 112
        • 6.3.1.1 Better efficiency, compliance, and operational control in data storage and management to drive adoption 112
      • 6.3.2 PREDICTIVE ANALYTICS 113
        • 6.3.2.1 Better decision-making and reduced costs to augment segment growth 113
      • 6.3.3 MAINTENANCE & CALIBRATION SERVICES 114
        • 6.3.3.1 Technological advancements and better operational efficiency to drive market growth 114
      • 6.3.4 OTHER SOFTWARE & SERVICES 115
  • 7 TEMPERATURE MONITORING SYSTEMS MARKET, BY TYPE 116

    • 7.1 INTRODUCTION 117
    • 7.2 CONTACT-BASED TEMPERATURE MONITORING SYSTEMS 118
      • 7.2.1 CONVENTIONAL TEMPERATURE MONITORING SYSTEMS 121
        • 7.2.1.1 Wide end-user base and easy market availability to aid segment growth 121
      • 7.2.2 WIRELESS TEMPERATURE MONITORING SYSTEMS 124
        • 7.2.2.1 Lower installation and operating costs to augment segment growth 124
      • 7.2.3 TEMPERATURE MEASURING STRIPS AND LABELS 127
        • 7.2.3.1 Cost-effectiveness and immediate visual feedback to increase market adoption 127
    • 7.3 NON-CONTACT-BASED TEMPERATURE MONITORING SYSTEMS 130
      • 7.3.1 PYROMETERS AND INFRARED THERMOMETERS 134
        • 7.3.1.1 Need for precise monitoring in industrial manufacturing processes to fuel uptake 134
      • 7.3.2 THERMAL IMAGERS 137
        • 7.3.2.1 Cost-effective installation and focus on reduced manufacturing downtime to propel market growth 137
      • 7.3.3 FIBER OPTIC THERMOMETERS 140
        • 7.3.3.1 Ability to withstand harsh and corrosive environments to boost adoption in refineries, chemical plants, and power plants 140
  • 8 TEMPERATURE MONITORING SYSTEMS MARKET, BY APPLICATION 144

    • 8.1 INTRODUCTION 145
    • 8.2 COLD STORAGE TEMPERATURE MONITORING 146
      • 8.2.1 NEED FOR ADVANCED COLD STORAGE FACILITIES IN FOOD & BEVERAGE INDUSTRIES TO AID MARKET GROWTH 146
    • 8.3 HOSPITAL ROOM AND PATIENT TEMPERATURE MONITORING 149
      • 8.3.1 INCREASING NEED FOR REAL-TIME TEMPERATURE MONITORING TO DRIVE ADOPTION IN HOSPITALS 149
    • 8.4 MANUFACTURING AREA TEMPERATURE MONITORING 152
      • 8.4.1 GROWING AWARENESS REGARDING REAL-TIME AND REMOTE TEMPERATURE MONITORING TO DRIVE MARKET 152
    • 8.5 LABORATORY TEMPERATURE MONITORING 155
      • 8.5.1 GROWING INCLINATION OF RESEARCHERS TO DEVELOP IN-HOUSE PROTOCOLS TO SUPPORT MARKET GROWTH 155
    • 8.6 SERVER ROOM TEMPERATURE MONITORING 158
      • 8.6.1 INCREASED FOCUS ON INDUSTRIAL USAGE OF TEMPERATURE MANAGEMENT STRATEGIES IN DATA CENTERS TO DRIVE MARKET 158
    • 8.7 GREENHOUSE TEMPERATURE MONITORING 161
      • 8.7.1 NEED FOR REAL-TIME TEMPERATURE FLUCTUATION-RELATED ALERTS TO PROPEL MARKET GROWTH 161
    • 8.8 HOME CARE TEMPERATURE MONITORING 164
      • 8.8.1 INCREASING NUMBER OF CRITICAL SURGICAL PROCEDURES REQUIRING LONG-TERM REHABILITATION TO AID MARKET GROWTH 164
  • 9 TEMPERATURE MONITORING SYSTEMS MARKET, BY END USER 168

    • 9.1 INTRODUCTION 169
    • 9.2 HEALTHCARE & LIFE SCIENCE FACILITIES 169
      • 9.2.1 PATIENT MONITORING & HOME CARE SETTINGS 173
        • 9.2.1.1 Increased awareness about constant temperature monitoring and high demand for advanced monitoring devices to drive market 173
      • 9.2.2 HEALTHCARE PROVIDERS 174
        • 9.2.2.1 Increasing focus on patient care and optimized workflow to drive market growth 174
      • 9.2.3 BLOOD BANKS, TISSUE BANKS, DIAGNOSTIC LABORATORIES, AND IVF CLINICS 175
        • 9.2.3.1 Temperature monitoring to be essential for reducing risk of contamination and increasing success rates of IVF cycle 175
      • 9.2.4 OTHER HEALTHCARE & LIFE SCIENCE FACILITIES 176
    • 9.3 CHEMICAL & PETROCHEMICAL MANUFACTURERS 177
      • 9.3.1 RISING DEMAND FOR CHEMICALS AND PETROLEUM PRODUCTION FROM INDUSTRIAL VERTICALS TO PROPEL MARKET GROWTH 177
    • 9.4 FOOD & BEVERAGE MANUFACTURERS 180
      • 9.4.1 INCREASING EMPHASIS ON PROPER MAINTENANCE OF FOOD QUALITY TO FUEL MARKET GROWTH 180
    • 9.5 ENERGY & POWER GENERATION COMPANIES 183
      • 9.5.1 TEMPERATURE MONITORING TO BE USED FOR OPERATIONAL EFFICIENCY AND WORKFORCE SAFETY IN ENERGY & POWER PLANTS 183
    • 9.6 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES 186
      • 9.6.1 STRINGENT MANUFACTURING REGULATIONS IN PHARMACEUTICAL DRUG DEVELOPMENT AND MANUFACTURING TO DRIVE ADOPTION 186
    • 9.7 MEDICAL DEVICE MANUFACTURING COMPANIES 189
      • 9.7.1 IMPROVED MEDICAL INFRASTRUCTURE AND HIGH FOCUS ON PATIENT SAFETY TO AUGMENT MARKET GROWTH 189
    • 9.8 SEMICONDUCTOR & ELECTRONICS COMPANIES 192
      • 9.8.1 INCREASING INTEGRATION OF IOT AND AI IN TEMPERATURE MONITORING SOLUTIONS TO FUEL MARKET GROWTH 192
    • 9.9 OTHER END USERS 195
  • 10 TEMPERATURE MONITORING SYSTEMS MARKET, BY REGION 199

    • 10.1 INTRODUCTION 200
    • 10.2 NORTH AMERICA 200
      • 10.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 207
      • 10.2.2 US 207
        • 10.2.2.1 US to dominate North American temperature monitoring systems market during study period 207
      • 10.2.3 CANADA 211
        • 10.2.3.1 Stringent regulations for product safety in cosmeceutical, and pharmaceutical industries to aid market growth 211
    • 10.3 EUROPE 215
      • 10.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 221
      • 10.3.2 GERMANY 222
        • 10.3.2.1 Increasing R&D activities and rising number of pharmaceutical and biotechnology clusters to augment market growth 222
      • 10.3.3 UK 225
        • 10.3.3.1 Stringent regulatory framework for food safety and increased government R&D investment to fuel market growth 225
      • 10.3.4 FRANCE 229
        • 10.3.4.1 Increasing adoption of temperature monitoring systems among research experts to fuel uptake 229
      • 10.3.5 SPAIN 233
        • 10.3.5.1 High demand for pharmaceutical cold chain logistics to support market growth 233
      • 10.3.6 ITALY 237
        • 10.3.6.1 Growth in drug manufacturing and vaccine production in cold chains to spur market growth 237
      • 10.3.7 NORDIC REGION 241
        • 10.3.7.1 Need for effective pharmaceutical and food cold chain logistics to drive market 241
      • 10.3.8 REST OF EUROPE 245
    • 10.4 ASIA PACIFIC 249
      • 10.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 256
      • 10.4.2 JAPAN 257
        • 10.4.2.1 Large geriatric population and advanced healthcare infrastructure to surge demand in hospitals 257
      • 10.4.3 CHINA 261
        • 10.4.3.1 Rising exports of temperature-sensitive goods in electronics, pharmaceuticals, and food & beverage industries to drive market 261
      • 10.4.4 INDIA 265
        • 10.4.4.1 Increasing public focus on food safety & drug quality regulations to drive adoption of temperature monitoring systems 265
      • 10.4.5 SOUTH KOREA 269
        • 10.4.5.1 Rapidly growing pharmaceutical sector in vaccine manufacturing and biologics to drive market 269
      • 10.4.6 AUSTRALIA 273
        • 10.4.6.1 Increased popularity of IoT-enabled temperature monitoring systems to augment market growth 273
      • 10.4.7 REST OF ASIA PACIFIC 277
    • 10.5 LATIN AMERICA 281
      • 10.5.1 MACROECONOMIC OUTLOOK FOR LATIN AMERICA 287
      • 10.5.2 BRAZIL 287
        • 10.5.2.1 Increasing healthcare budget on biologics and stringent pharmaceutical laws to propel market growth 287
      • 10.5.3 MEXICO 291
        • 10.5.3.1 Developed pharmaceutical industry to drive adoption of advanced temperature monitoring systems 291
      • 10.5.4 REST OF LATIN AMERICA 295
    • 10.6 MIDDLE EAST & AFRICA 299
      • 10.6.1 MACROECONOMIC OUTLOOK FOR MIDDLE EAST & AFRICA 305
      • 10.6.2 GCC COUNTRIES 305
        • 10.6.2.1 Adoption of renewable energy projects to propel market growth 305
      • 10.6.3 REST OF MIDDLE EAST & AFRICA 309
  • 11 COMPETITIVE LANDSCAPE 314

    • 11.1 INTRODUCTION 314
    • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 314
      • 11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN TEMPERATURE MONITORING SYSTEMS MARKET 315
    • 11.3 REVENUE ANALYSIS, 2019-2023 316
    • 11.4 MARKET SHARE ANALYSIS, 2023 317
      • 11.4.1 MONITORING SYSTEMS MARKET RANKING 318
      • 11.4.2 SOFTWARE & SERVICES MARKET RANKING 319
    • 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 319
      • 11.5.1 STARS 319
      • 11.5.2 EMERGING LEADERS 319
      • 11.5.3 PERVASIVE PLAYERS 320
      • 11.5.4 PARTICIPANTS 320
      • 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 321
        • 11.5.5.1 Company footprint 321
        • 11.5.5.2 Region footprint 322
        • 11.5.5.3 Product footprint 323
        • 11.5.5.4 Type footprint 324
        • 11.5.5.5 Application footprint 325
        • 11.5.5.6 End-user footprint 326
    • 11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 327
      • 11.6.1 PROGRESSIVE COMPANIES 327
      • 11.6.2 RESPONSIVE COMPANIES 327
      • 11.6.3 DYNAMIC COMPANIES 327
      • 11.6.4 STARTING BLOCKS 327
      • 11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 329
        • 11.6.5.1 Detailed list of key startup/SME players 329
        • 11.6.5.2 Competitive benchmarking of key emerging players/startups 330
    • 11.7 COMPANY VALUATION & FINANCIAL METRICS 330
    • 11.8 BRAND/PRODUCT COMPARISON 331
    • 11.9 COMPETITIVE SCENARIO 332
      • 11.9.1 PRODUCT LAUNCHES 332
      • 11.9.2 DEALS 332
      • 11.9.3 EXPANSIONS 333
  • 12 COMPANY PROFILES 334

    • 12.1 KEY PLAYERS 334
      • 12.1.1 3M 334
        • 12.1.1.1 Business overview 334
        • 12.1.1.2 Products/Services/Solutions offered 335
        • 12.1.1.3 Recent developments 336
          • 12.1.1.3.1 Expansions 336
        • 12.1.1.4 MnM view 336
          • 12.1.1.4.1 Key strengths 336
          • 12.1.1.4.2 Strategic choices 337
          • 12.1.1.4.3 Weaknesses & competitive threats 337
      • 12.1.2 HONEYWELL INTERNATIONAL INC 338
        • 12.1.2.1 Business overview 338
        • 12.1.2.2 Products/Services/Solutions offered 340
        • 12.1.2.3 Recent developments 340
          • 12.1.2.3.1 Product launches 341
        • 12.1.2.4 MnM view 341
          • 12.1.2.4.1 Key strengths 341
          • 12.1.2.4.2 Strategic choices 341
          • 12.1.2.4.3 Weaknesses & competitive threats 341
      • 12.1.3 CARDINAL HEALTH 342
        • 12.1.3.1 Business overview 342
        • 12.1.3.2 Products/Services/Solutions offered 344
        • 12.1.3.3 Recent developments 345
          • 12.1.3.3.1 Deals 345
        • 12.1.3.4 MnM view 346
          • 12.1.3.4.1 Key strengths 346
          • 12.1.3.4.2 Strategic choices 346
          • 12.1.3.4.3 Weaknesses & competitive threats 346
      • 12.1.4 EMERSON ELECTRIC CO 347
        • 12.1.4.1 Business overview 347
        • 12.1.4.2 Products/Services/Solutions offered 349
        • 12.1.4.3 Recent developments 350
          • 12.1.4.3.1 Deals 350
        • 12.1.4.4 MnM view 351
          • 12.1.4.4.1 Key strengths 351
          • 12.1.4.4.2 Strategic choices 351
          • 12.1.4.4.3 Weaknesses & competitive threats 351
      • 12.1.5 KONINKLIJKE PHILIPS N.V 352
        • 12.1.5.1 Business overview 352
        • 12.1.5.2 Products/Services/Solutions offered 353
        • 12.1.5.3 Recent developments 354
          • 12.1.5.3.1 Expansions 354
        • 12.1.5.4 MnM view 354
          • 12.1.5.4.1 Key strengths 354
          • 12.1.5.4.2 Strategic choices 354
          • 12.1.5.4.3 Weaknesses & competitive threats 354
      • 12.1.6 BAXTER 355
        • 12.1.6.1 Business overview 355
        • 12.1.6.2 Products/Services/Solutions offered 356
      • 12.1.7 PROCTER & GAMBLE 357
        • 12.1.7.1 Business overview 357
        • 12.1.7.2 Products/Services/Solutions offered 358
        • 12.1.7.3 Recent developments 359
          • 12.1.7.3.1 Expansions 359
      • 12.1.8 VAISALA 360
        • 12.1.8.1 Business overview 360
        • 12.1.8.2 Products/Services/Solutions offered 362
        • 12.1.8.3 Recent developments 363
          • 12.1.8.3.1 Product launches 363
      • 12.1.9 FORTIVE 364
        • 12.1.9.1 Business overview 364
        • 12.1.9.2 Products/Services/Solutions offered 366
      • 12.1.10 ABB 368
        • 12.1.10.1 Business overview 368
        • 12.1.10.2 Products/Services/Solutions offered 370
        • 12.1.10.3 Recent developments 371
          • 12.1.10.3.1 Product launches 371
          • 12.1.10.3.2 Expansions 371
      • 12.1.11 SIEMENS 372
        • 12.1.11.1 Business overview 372
        • 12.1.11.2 Products/Services/Solutions offered 374
      • 12.1.12 A&D COMPANY, LIMITED 375
        • 12.1.12.1 Business overview 375
        • 12.1.12.2 Products/Services/Solutions offered 376
      • 12.1.13 THERMO FISHER SCIENTIFIC INC 377
        • 12.1.13.1 Business overview 377
        • 12.1.13.2 Products/Services/Solutions offered 379
      • 12.1.14 MASIMO 381
        • 12.1.14.1 Business overview 381
        • 12.1.14.2 Products/Services/Solutions offered 382
        • 12.1.14.3 Recent developments 382
          • 12.1.14.3.1 Product approvals 382
      • 12.1.15 GERATHERM MEDICAL AG 383
        • 12.1.15.1 Business overview 383
        • 12.1.15.2 Products/Services/Solutions offered 384
      • 12.1.16 TOSHIBA CORPORATION 385
        • 12.1.16.1 Business overview 385
        • 12.1.16.2 Products/Services/Solutions offered 386
        • 12.1.16.3 Recent developments 386
          • 12.1.16.3.1 Product launches 386
    • 12.2 OTHER PLAYERS 387
      • 12.2.1 OMRON HEALTHCARE, INC 387
      • 12.2.2 DELTATRAK INC 388
      • 12.2.3 KELSIUS LTD 391
      • 12.2.4 MONNIT CORPORATION 392
      • 12.2.5 MICROLIFE CORPORATION 393
      • 12.2.6 OMEGA ENGINEERING, INC 394
      • 12.2.7 REES SCIENTIFIC 396
      • 12.2.8 TEMPGENIUS 397
      • 12.2.9 TESTO SE & CO. KGAA 398
      • 12.2.10 PROCESS SENSING TECHNOLOGIES 400
      • 12.2.11 EXERGEN 402
      • 12.2.12 SENSITECH, INC 402
      • 12.2.13 AZENTA US INC 404
      • 12.2.14 DICKSON 405
  • 13 APPENDIX 407

    • 13.1 DISCUSSION GUIDE 407
    • 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 414
    • 13.3 CUSTOMIZATION OPTIONS 416
    • 13.4 RELATED REPORTS 416
    • 13.5 AUTHOR DETAILS 417
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