The Asia Pacific blood temperature indicator market is expected to reach US$ 90.23 million by 2028 from US$ 37.46 million in 2021; it is estimated to grow at a CAGR of 13.4% from 2021 to 2028.
The trends in the healthcare industry are changing drastically with constant development in technology and innovation, enhancing services of healthcare and quality of care. Various market players are operating and striving hard to acquire the largest market share. Market players are constantly working to develop advanced, effective, and accurate blood temperature indicators. For instance, TimeStrip, a provider of smart indicator technology, launched two new electronic temperature indicators. These indicators help monitor the safe transportation and storage of various products, including pharmaceuticals, vaccines, and healthcare items. The intelligent device monitors temperature data every minute with high accuracy. The standard temperature is 2-8ºC, but it offers wide temperature range as low as -30ºC or as high as 60ºC.
Furthermore, rising demand for real-time monitoring and increasing use of sensors, NFC, the Internet of Things, and other technologies in blood temperature indicators are expected to support the market growth. Additionally, there is a rising demand for smart indicators and increasing integration of various software and cloud-based monitoring to ensure the proper storage and transportation of blood and its components. Moreover, increasing use of digital technology and LEDs for better display and rising number of technological advancements and product developments are expected to propel the Asia Pacific blood temperature indicator market growth during the forecast period. The market is expected to grow at a good CAGR during the forecast period.
THERMO FISHER SCIENTIFIC INC, Ellab Group, Stream Peak International PTE Ltd, Zebra Technologies Corportion, Lisaline Lifesciences Techonologies, 3M, and Deltatrak Inc. are among the leading companies in the Asia Pacific blood temperature indicator market.
The trends in the healthcare industry are changing drastically with constant development in technology and innovation, enhancing services of healthcare and quality of care. Various market players are operating and striving hard to acquire the largest market share. Market players are constantly working to develop advanced, effective, and accurate blood temperature indicators. For instance, TimeStrip, a provider of smart indicator technology, launched two new electronic temperature indicators. These indicators help monitor the safe transportation and storage of various products, including pharmaceuticals, vaccines, and healthcare items. The intelligent device monitors temperature data every minute with high accuracy. The standard temperature is 2-8ºC, but it offers wide temperature range as low as -30ºC or as high as 60ºC.
Furthermore, rising demand for real-time monitoring and increasing use of sensors, NFC, the Internet of Things, and other technologies in blood temperature indicators are expected to support the market growth. Additionally, there is a rising demand for smart indicators and increasing integration of various software and cloud-based monitoring to ensure the proper storage and transportation of blood and its components. Moreover, increasing use of digital technology and LEDs for better display and rising number of technological advancements and product developments are expected to propel the Asia Pacific blood temperature indicator market growth during the forecast period. The market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Blood Temperature Indicator Market Segmentation
The Asia Pacific blood temperature indicator market is segmented on the basis of product type, end-user, and country. Based on product type, the market is segmented into 2°C to 4°C, 5°C to 7°C, and above 7°C. The 2°C to 4°C segment dominated the market in 2021. Based on end-user, the Asia Pacific blood temperature indicator market is segmented into hospitals, blood banks, and others. The hospitals segment dominated the market in 2021. Based on country, the Asia Pacific blood temperature indicator market segmented into China, Japan, India, South Korea, Australia and Rest of Asia Pacific. The China is dominated the Asia Pacific blood temperature indicator market in 2021.THERMO FISHER SCIENTIFIC INC, Ellab Group, Stream Peak International PTE Ltd, Zebra Technologies Corportion, Lisaline Lifesciences Techonologies, 3M, and Deltatrak Inc. are among the leading companies in the Asia Pacific blood temperature indicator market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Blood Temperature Indicator Market - By Product Type
1.3.2 APAC Blood Temperature Indicator Market - By End User
1.3.3 APAC Blood Temperature Indicator Market - By Country
2. Blood Temperature Indicator Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Blood Temperature Indicator Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific- PEST Analysis
4.3 Expert Opinion
5. APAC Blood Temperature Indicator Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Blood Transfusion and Donation
5.1.2 Accuracy of Blood Temperature Indicators
5.2 Market Restraints
5.2.1 Increasing Incidence of False Results
5.3 Market Opportunities
5.3.1 Increasing Awareness about Blood Temperature Indicators
5.4 Future Trends
5.4.1 Technological Advancements
5.5 Impact analysis
6. Blood Temperature Indicator Market- APAC Analysis
6.1 APAC Blood Temperature Indicator Market Revenue Forecast and Analysis
7. APAC Blood Temperature Indicator Market Analysis - By Product Type
7.1 Overview
7.2 Blood Temperature Indicator Market Revenue Share, by Product Type (2021 and 2028)
7.3 2°C to 4°C
7.3.1 Overview
7.3.2 2°C to 4°C: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ Million)
7.4 5°C to 7°C
7.4.1 Overview
7.4.2 5°C to 7°C: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Above 7°C
7.5.1 Overview
7.5.2 Above 7°C: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ Million)
8. APAC Blood Temperature Indicator Market Analysis - By End User
8.1 Overview
8.2 Blood Temperature Indicator: Market Share, by End User, 2021 and 2028, (%)
8.3 Blood Banks
8.3.1 Overview
8.3.2 Blood Banks: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
8.4 Hospitals
8.4.1 Overview
8.4.2 Hospitals: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
9. APAC Blood Temperature Indicator Market - Country Analysis
9.1 Asia Pacific: Blood Temperature Indicator Market
9.1.1 Overview
9.1.2 Asia Pacific: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
9.1.2.1 Japan: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.1.1 Japan: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.1.2 Japan: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.1.3 Japan: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
9.1.2.2 China: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.2.1 China: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.2.2 China: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.2.3 China: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
9.1.2.3 India: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.3.1 India: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.3.2 India: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.3.3 India: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
9.1.2.4 Australia: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.4.1 Australia: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.4.2 Australia: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.4.3 Australia: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
9.1.2.5 South Korea: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.5.1 South Korea: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.5.2 South Korea: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.5.3 South Korea: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
9.1.2.6 Rest of Asia Pacific: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.6.1 Rest of Asia Pacific: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.2.6.2 Rest of Asia Pacific: Blood Temperature Indicator Market, by Product Type, 2019-2028 (US$ ‘Million)
9.1.2.6.3 Rest of Asia Pacific: Blood Temperature Indicator Market, by End User, 2019-2028 (US$ ‘Million)
10. APAC Blood Temperature Indicator Market-Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 THERMO FISHER SCIENTIFIC INC.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Ellab Group
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Zebra Technologies Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Lisaline Lifesciences Technologies
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Stream Peak International PTE Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 3M
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Deltatrak Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms
List of Figures
Figure 1. APAC Blood Temperature Indicator Market Segmentation
Figure 2. APAC Blood Temperature Indicator Segmentation, By Country
Figure 3. APAC Blood Temperature Indicator Market Overview
Figure 4. APAC Blood Temperature Indicator Market, By Product Type
Figure 5. Asia-Pacific Blood Temperature Indicator Market, By Country
Figure 6. Asia Pacific PEST Analysis
Figure 7. APAC Expert Opinion
Figure 8. APAC Blood Temperature Indicator Market Impact Analysis of Driver and Restraints
Figure 9. APAC Blood Temperature Indicator Market- Revenue Forecast and Analysis - 2020- 2028
Figure 10. APAC Blood Temperature Indicator Market Revenue Share, by Product Type (2021 and 2028)
Figure 11. APAC Product Type: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
Figure 12. APAC 5°C to 7°C: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Above 7°C: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Blood Temperature Indicator: Market Share, by End User, 2021 and 2028 (%)
Figure 15. APAC Blood Banks: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Hospitals: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
Figure 17. APAC Others: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 18. Asia Pacific: Blood Temperature Indicator Market, by Key Country - Revenue (2021) (US$ ‘Million)
Figure 19. Asia Pacific: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
Figure 20. Japan: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 21. China: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 22. India: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 23. APAC Australia: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 24. South Korea: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 25. Rest of Asia Pacific: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (US$ ‘Million)List of Tables
Table 1. Japan: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 2. Japan: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 3. China: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 4. China: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 5. India: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 6. India: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 7. Australia: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 8. Australia: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 9. South Korea: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 10. South Korea: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 11. Rest of Asia Pacific: Blood Temperature Indicator Market, by Product Type - Revenue and Forecast to 2028 (US$ ‘Million)
Table 12. Rest of Asia Pacific: Blood Temperature Indicator Market, by End User - Revenue and Forecast to 2028 (US$ ‘Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, Blood Temperature Indicator Market
Companies Mentioned
- Elitech.
- THERMO FISHER SCIENTIFIC INC.
- Sercalia.
- Ellab Group.
- Zebra Technologies Corportion.
- Lisaline Lifesciences Techonologies.
- Stream Peak International PTE Ltd.
- 3M.
- Deltatrak Inc.
- Timestrip Uk LTD.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 37.46 Million |
| Forecasted Market Value ( USD | $ 90.23 Million |
| Compound Annual Growth Rate | 13.4% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 10 |
