Blood Temperature Indicator market Analysis & Forecast 2021, 28
The blood temperature indicator market is expected to grow from US$ 216.05 million in 2021 to US$ 504.37 million by 2028; it is estimated to register a CAGR of 12.9% from 2021 to 2028.
Blood temperature indicators are small medical devices or solutions that help increase blood safety by effectively and efficiently transporting blood and blood components. These indicators provide auditable proof that blood is stored and transported as per regulatory standards, which further reduces blood waste.
The report provides insights and in-depth analysis of the blood temperature indicator market, emphasizing various parameters such as market trends, technological advancements, and market dynamics. It also provides the competitive landscape analysis of leading market players and the impact of the COVID-19 pandemic on the blood temperature indicator market across all major regions. The COVID-19 pandemic has disrupted the socioeconomic conditions of various countries across the world. As per the 2021 WHO statistics, the US is the world's worst-affected country due to the COVID-19 pandemic, with the highest number of COVID-19 cases. The high number of cases has hampered the economy of North America, especially the US. The COVID-19 pandemic has led to critical technological changes to provide better medical care. Due to the spread of SARS-CoV-2, many cities are being closed, resulting in treatment cancellations from doctors/surgeons. The COVID-19 Pandemic has affected the manufacturing and supply of blood temperature indicators owing to the disruption in supply chain globally. Additionally, healthcare professionals are prioritizing the emergency procedures and cancelled all the elective surgeries to prevent the spread of coronavirus.
In 2020, the Food and Drug Administration (FDA) allowed the emergency use of convalescent plasma for the treatment of COVID-19 patients, leading to an increase in blood donation. Further, the presence of major market players and their various strategic collaborations in the blood temperature indicator market is expected to support market growth. For instance, Timestrip, the developer of smart indicator technology, is launching a completely new range with two electronic temperature indicators. These indicators will be critical in monitoring the safe storage and transportation of various goods, including pharmaceuticals, vaccines, healthcare, food produce, adhesives, and inks. Thus, the COVID-19 pandemic adversely affected the blood temperature indicator market.
Based on region, the blood temperature indicator market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.
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Blood Temperature Indicator Market: Strategic Insights
Market Size Value in US$ 216.05 million in 2021 Market Size Value by US$ 504.37 million by 2028 Growth rate CAGR of 12.9% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Blood Temperature Indicator Market: Strategic Insights
| Market Size Value in | US$ 216.05 million in 2021 |
| Market Size Value by | US$ 504.37 million by 2028 |
| Growth rate | CAGR of 12.9% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Market Insights
Increase in Blood Transfusion and Donation Drives Blood Temperature Indicator Market
Blood transfusion is one of the commonly used procedures in healthcare, which helps maintain the blood level of patients. There are various chronic conditions, surgical procedures, and trauma cases that require blood transfusion so that patients can survive without any side effects due to low blood levels. Medical conditions, including thalassemia, blood cancer, sickle cell anemia, anemia, and surgical and trauma cases, lead to blood loss and require a blood transfusion. According to the American Red Cross organization, ~16 million blood components are transfused each year in the US. Further, sickle cell anemia affects 90,000‒100,000 people in the US; ~1,000 babies are born with this disease each year. Thus, the increasing prevalence of chronic diseases has created the demand for blood transfusion, which is expected to propel the growth of the blood temperature indicator market.
After collection, blood should be stored and transported under specific conditions and temperatures. If the blood is stored and transported outside the specific temperature range for a prolonged time, it loses its ability to carry oxygen, which can cause serious problems. Further, there is a risk of severe bacterial contamination if the blood is exposed to warm temperatures. Blood temperature indicators play an important role in maintaining the required conditions and temperature for the safe and reliable transportation of blood and its components. It reduces the chances of blood spoilage by closely monitoring the temperature and keeping the blood safe during transportation. Thus, increasing blood transfusion, blood donation, and rising demand for safe transportation of blood and its component creates demand for blood temperature indicators, which drives the market growth.
Product Type-Based Insights
Based on product type, the blood temperature indicator market is segmented into 2°C to 4°C, 5°C to 7°C, and above 7°C. In 2021, the 2°C to 4°C segment accounted for the largest market share. The market position of this segment has increased due to its major use during long route transportation of blood. For instance, as per major European and American guidelines, the temperature of RBC bags must range from 1°C to 6°C while storing it, and from 1°C to 10°C while carrying.
Blood Temperature Indicator Market Report Scope
End User Insights
Based on end user, the blood temperature indicator market is segmented into hospitals, blood banks, and others. The hospitals segment dominated the market in 2021.
The blood temperature indicator market players adopt organic strategies such as product launch and expansion to expand their footprint and product portfolio globally.
Company Profiles
- Elitech
- Thero Fisher Scientific Inc.
- Sercalia
- Ellab Group
- Zebra Technologies Corporation
- Lisaline Lifesceinces Technologies
- Stream Peak International PTE Ltd
- 3M
- DeltaTrak Inc.
- TimeStrip UK Ltd
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Global blood temperature indicator market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. In North America, the U.S. is the largest market for blood temperature indicator market. The US is estimated to hold the largest share in the blood temperature indicator market during the forecast period. The presence of top players and increased demand for blood transfusion are the contributing factors for the regional growth. Additionally, improvements in healthcare infrastructure, increase in blood banks, high adoption rate and increased awareness among people regarding blood donation are the key factor responsible for the Asia-Pacific regional growth for blood temperature indicator accounting fastest growth of the region during the coming years.
Elitech; Thermo Fisher Scientific Inc.; Ellab Group; Zebra Technologies Corporation; LisaLine Lifesciences Technologies; Stream Peak International Pte Ltd.; 3M; TimeStrip UK Ltd. are among the leading companies operating in the global blood temperature indicator market
The hospital segment dominated the global blood temperature indicator market and accounted for the largest revenue of US$ 90.35 Mn in 2021.
Blood Temperature Indicators are small medical devices or solutions which helps in increasing the blood safety and allows effective and efficient transportation of blood and its components. These indicators provide auditable proof that blood is stored and transported as per regulatory standards this further reduces blood waste.
Increase in blood transportation and donation owing to increasing awareness and rising prevalence of various conditions such as chronic disorders, surgeries trauma cases along with accuracy of blood temperature indicator are the most significant factors responsible for the overall market growth.
Based on product type, 2°C to 4°C segment took the forefront lead in the worldwide market by accounting largest share in 2021 and is expected to continue to do so till the forecast period.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Blood Temperature Indicator Market – By Product Type
1.3.2 Global Blood Temperature Indicator Market – By End User
1.3.3 Global Blood Temperature Indicator Market – By Geography
2. Blood Temperature Indicator Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Blood Temperature Indicator Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America– PEST Analysis
4.2.2 Europe– PEST Analysis
4.2.3 Asia Pacific– PEST Analysis
4.2.4 Middle East & Africa– PEST Analysis
4.2.5 South & Central America– PEST Analysis
4.3 Expert Opinion
5. 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– Global Analysis
6.1 Global Blood Temperature Indicator Market Revenue Forecast and Analysis
6.1.1 Global Blood Temperature Indicator Market Revenue Forecast and Analysis
6.1.2 Global Blood Temperature Indicator Market – Market Potential Analysis, By Region
6.2 Market Positioning of Key Players
6.2.1 Company Analysis
6.2.2 Growth Strategy Analysis
6.2.3 Performance of Key Players
6.2.3.1 Thermo Fisher Scientific Inc
6.2.3.2 3M
7. 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. 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. Global Blood Temperature Indicator Market – Geographic Analysis
9.1 North America: Blood Temperature Indicator Market
9.1.1 Overview
9.1.2 North America: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.3 North America: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.1.4 North America: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ Million)
9.1.5 North America: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
9.1.5.1 US: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.1.1 US: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.1.2 US: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.1.5.1.3 US: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.1.5.2 Canada: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.2.1 Canada: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.2.2 Canada: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.1.5.2.3 Canada: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.1.5.3 Mexico: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.3.1 Mexico: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.5.3.2 Mexico: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.1.5.3.3 Mexico: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.2 Europe: Blood Temperature Indicator Market
9.2.1 Overview
9.2.2 Europe: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
9.2.3 Europe: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.4 Europe: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5 Europe: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
9.2.5.1 Germany: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.1.1 Germany: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.1.2 Germany: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.1.3 Germany: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5.2 UK: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.2.1 UK: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.2.2 United Kingdom: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.2.3 United Kingdom: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5.3 France: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.3.1 France: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.3.2 France: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.3.3 France: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5.4 Spain: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.4.1 Spain: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.4.2 Spain: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.4.3 Spain: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5.5 Italy: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.5.1 Italy: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.5.2 Italy: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.5.3 Italy: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.2.5.6 Rest of Europe: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.6.1 Rest of Europe: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.2.5.6.2 Rest of Europe: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.2.5.6.3 Rest of Europe: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.3 Asia Pacific: Blood Temperature Indicator Market
9.3.1 Overview
9.3.2 Asia Pacific: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.3 Asia Pacific: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.4 Asia Pacific: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ Million)
9.3.5 Asia Pacific: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
9.3.5.1 Japan: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.1.1 Japan: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.1.2 Japan: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.1.3 Japan: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.3.5.2 China: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.2.1 China: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.2.2 China: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.2.3 China: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.3.5.3 India: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.3.1 India: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.3.2 India: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.3.3 India: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.3.5.4 Australia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.4.1 Australia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.4.2 Australia: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.4.3 Australia: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.3.5.5 South Korea: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.5.1 South Korea: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.5.2 South Korea: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.5.3 South Korea: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.3.5.6 Rest of Asia Pacific: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.6.1 Rest of Asia Pacific: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.3.5.6.2 Rest of Asia Pacific: Blood Temperature Indicator Market, by Product Type, 2019–2028 (US$ ‘Million)
9.3.5.6.3 Rest of Asia Pacific: Blood Temperature Indicator Market, by End User, 2019–2028 (US$ ‘Million)
9.4 Middle East & Africa: Blood Temperature Indicator Market
9.4.1 Overview
9.4.2 Middle East & Africa: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
9.4.3 Middle East & Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.4.4 Middle East & Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.4.5 Middle East & Africa: Blood Temperature Indicator Market Share by Country – 2021 & 2028 (%)
9.4.5.1 Saudi Arabia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.1.1 Saudi Arabia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.1.2 Saudi Arabia: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.4.5.1.3 Saudi Arabia: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.4.5.2 UAE: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.2.1 UAE: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.2.2 UAE: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.4.5.2.3 UAE: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.4.5.3 South Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ Million)
9.4.5.3.1 South Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.3.2 South Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.4.5.3.3 South Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.4.5.4 Rest of Middle East & Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ Million)
9.4.5.4.1 Rest of Middle East & Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
9.4.5.4.2 Rest of Middle East & Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.4.5.4.3 Rest of Middle East & Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.5 South & Central America: Blood Temperature Indicator Market
9.5.1 Overview
9.5.2 South and Central America: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
9.5.3 South and Central America: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.5.4 South and Central America: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.5.5 South and Central America: Blood Temperature Indicator Market Share by Country – 2021 & 2028, (%)
9.5.5.1 Brazil: Blood Temperature Indicator Market- Revenue and Forecasts To 2028 (USD Million)
9.5.5.1.1 Overview
9.5.5.1.2 Brazil: Blood Temperature Indicator Market- Revenue and Forecasts to 2028 (USD Million)
9.5.5.1.3 Brazil: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.5.5.1.4 Brazil: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.5.5.2 Argentina: Blood Temperature Indicator Market- Revenue and Forecasts To 2028 (USD Million)
9.5.5.2.1 Overview
9.5.5.2.2 Argentina: Blood Temperature Indicator Market- Revenue and Forecasts to 2028 (USD Million)
9.5.5.2.3 Argentina: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.5.5.2.4 Argentina: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
9.5.5.3 Rest of South and Central America: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.1 Overview
9.5.5.3.2 Rest of South and Central America: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.3 Rest of South and Central America: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
9.5.5.3.4 Rest of South and Central America: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
10. Impact of COVID-19 Pandemic on Global Blood Temperature Indicator Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
10.2 Europe: Impact Assessment of COVID-19 Pandemic
10.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.5 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Blood Temperature Indicator Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Elitech
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 THERMO FISHER SCIENTIFIC INC.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Sercalia
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Ellab Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Zebra Technologies Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lisaline Lifesciences Technologies
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Stream Peak International PTE Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 3M
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Deltatrak Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Timestrip UK LTD
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 2. North America: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 4. US: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 5. Canada: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 6. Canada: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 7. Mexico: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 8. Mexico: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 9. Europe: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 10. Europe: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 11. Germany: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 12. Germany: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 13. United Kingdom: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 14. United Kingdom: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 15. France: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 16. France: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 17. Spain: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 18. Spain: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 19. Italy: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 20. Italy: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 21. Rest of Europe: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 22. Rest of Europe: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 23. Asia Pacific: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 24. Asia Pacific: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 25. Japan: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 26. Japan: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 27. China: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 28. China: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 29. India: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 30. India: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 31. Australia: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 32. Australia: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 33. South Korea: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 34. South Korea: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 35. Rest of Asia Pacific: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 36. Rest of Asia Pacific: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 37. Middle East & Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 38. Middle East & Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 39. Saudi Arabia: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 40. Saudi Arabia: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 41. UAE: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 42. UAE: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 43. South Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 44. South Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 45. Rest of Middle East & Africa: Blood Temperature Indicator Market, by Product Type, 2019–2028 (USD Million)
Table 46. Rest of Middle East & Africa: Blood Temperature Indicator Market, by End User, 2019–2028 (USD Million)
Table 47. South and Central America: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 48. South and Central America: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 49. Brazil: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 50. Brazil: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 51. Argentina: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 52. Argentina: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 53. Rest of South and Central America: Blood Temperature Indicator Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of South and Central America: Blood Temperature Indicator Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 55. Organic Developments Done by Companies
Table 56. Inorganic Developments Done by Companies
Table 57. Glossary of Terms, Blood Temperature Indicator Market
LIST OF FIGURES
Figure 1. Blood Temperature Indicator Market Segmentation
Figure 2. Blood Temperature Indicator Segmentation, By Region
Figure 3. Global Blood Temperature Indicator Market Overview
Figure 4. The 2°C to 4°C Segment Held Largest Share of Product Type Segment in Blood Temperature Indicator Market
Figure 5. Asia-Pacific Region Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Global Blood Temperature Indicator Market, By Geography (US$ Million)
Figure 7. Global Blood Temperature Indicator Market- Leading Country Markets (US$ Million)
Figure 8. Global Blood Temperature Indicator Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East & Africa PEST Analysis
Figure 13. South & Central America PEST Analysis
Figure 14. Expert Opinion
Figure 15. Blood Temperature Indicator Market Impact Analysis of Driver and Restraints
Figure 16. Global Blood Temperature Indicator Market– Revenue Forecast and Analysis – 2020- 2028
Figure 17. Global Blood Temperature Indicator Market– Revenue Forecast and Analysis – 2021 - 2028
Figure 18. Global Blood Temperature Indicator Market – Market Potential Analysis, By Region
Figure 19. Market Positioning of Key Players in Blood Temperature Indicator Market
Figure 20. Global Blood Temperature Indicator Market – Comparative Company Analysis
Figure 21. Global Blood Temperature Indicator Market – Growth Strategy Analysis
Figure 22. Blood Temperature Indicator Market Revenue Share, by Product Type (2021 and 2028)
Figure 23. Product Type: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 24. 5°C to 7°C: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Above 7°C: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Blood Temperature Indicator: Market Share, by End User, 2021 and 2028 (%)
Figure 27. Blood Banks: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 28. Hospitals: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Others: Blood Temperature Indicator Market, Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America: Blood Temperature Indicator Market, by Key Country – Revenue (2021) (US$ ‘Million)
Figure 31. North America: Blood Temperature Indicator Market Revenue and Forecast to 2028 (US$ ‘Million)
Figure 32. North America: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
Figure 33. US: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 34. Canada: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 35. Mexico: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 36. Europe: Blood Temperature Indicator Market, by Key Country – Revenue (2021) (USD Million)
Figure 37. Europe Blood Temperature Indicator Market Revenue and Forecast to 2028 (USD Million)
Figure 38. Europe: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
Figure 39. Germany: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 40. UK: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 41. France: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 42. Spain: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 43. Italy: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 44. Rest of Europe: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 45. Asia Pacific: Blood Temperature Indicator Market, by Key Country – Revenue (2021) (US$ ‘Million)
Figure 46. Asia Pacific: Blood Temperature Indicator Market Revenue and Forecast to 2028 (US$ ‘Million)
Figure 47. Asia Pacific: Blood Temperature Indicator Market, by Country, 2021 & 2028 (%)
Figure 48. Japan: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 49. China: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 50. India: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 51. Australia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 52. South Korea: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 53. Rest of Asia Pacific: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 54. Middle East & Africa: Blood Temperature Indicator Market, by Key Country – Revenue (2021) (USD Million)
Figure 55. Middle East & Africa Blood Temperature Indicator Market Revenue and Forecast to 2028 (USD Million)
Figure 56. Middle East & Africa: Blood Temperature Indicator Market Share by Country – 2021 & 2028 (%)
Figure 57. Saudi Arabia: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 58. UAE: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. South Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 60. Rest of Middle East and Africa: Blood Temperature Indicator Market – Revenue and Forecast to 2028 (USD Million)
Figure 61. South and Central America: Blood Temperature Indicator Market, By Key Country – Revenue (2021) (USD Million)
Figure 62. South and Central America: Blood Temperature Indicator Market- Revenue and Forecasts to 2028 (USD Million)
Figure 63. South and Central America: Blood Temperature Indicator Market Share by Country – 2021 & 2028, (%)
Figure 64. Brazil: Blood Temperature Indicator Market- Revenue and Forecasts To 2028 (USD Million)
Figure 65. Argentina: Blood Temperature Indicator Market- Revenue and Forecasts to 2028 (USD Million)
Figure 66. Rest of South and Central America: Blood Temperature Indicator Market - Revenue and Forecast to 2028 (USD Million)
Figure 67. Impact Of COVID-19 Pandemic in North American Country Markets
Figure 68. Impact of COVID-19 Pandemic in European Country Markets
Figure 69. Impact Of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 70. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 71. Impact of COVID-19 Pandemic in South and Central America Country Markets
Figure 72. Growth Strategies Done by the Companies in the Market (%)
The List of Companies - Blood Temperature Indicator Market
- Elitech
- Thermo Fisher Scientific Inc.
- Sercalia
- Ellab Group
- Zebra Technologies Corporation
- Lisaline Lifesciences Technologies
- Stream Peak International PTE Ltd
- 3M
- DeltaTrak Inc
- TimeStrip UK Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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