Global Smart Baby Thermometers Market - 2022-2029

Global Smart Baby Thermometers Market - 2022-2029

Market Overview

The global smart baby thermometers market size was valued US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX % during the forecast period (2022-2029).

Smart baby thermometers are devices designed and used to measure the temperatures of young children and infants. This helps diagnose the fever or diseases and take effective measures for further treatment. These devices are portable, easy to use, comfortable, and safe.

Market Dynamics

Technological advancements in smart baby thermometers are expected to drive market growth.

The Wishbone Smart Thermometer is the most recent in a long line of improvements to help with this age-old issue. It's a multi-function device that also connects to your smartphone, allowing you to quickly read the temperature of whatever or anyone you're trying to gauge. The Wishbone Smart Thermometer's popularity originates primarily from its synchronization ability and the fact that it is a no-touch device, which means it does not need to be touched or introduced into any cavity orally or rectally. Moreover, the Wishbone Smart Thermometer is reasonably priced at $34.99. It is a fair price, especially compared to other units that do similar functions to the Wishbone unit. Furthermore, the capacity of parents to take the temperature of their children and, in certain cases, their pets is an important responsibility that has been made easier over time with new technology. Thus, the market is expected to drive in the forecast period from the above statements.

Restraint:

Technical concerns with the smart baby thermometer include battery drainage, thermometers that are difficult to use without the app, and some parents having difficulty getting it to operate, as well as being less accurate than a rectal thermometer for babies are some of the factors the market is expected to hamper in the forecast period.

Global Smart Baby Thermometers Market - Industry Analysis

Porter’s Five Forces

COVID-19 Impact Analysis

COVID-19 pandemic has positively impacted the healthcare industry with increased demand for medical thermometers, which is likely to drive the market during the forecast period. The need for thermal screening at offices, public places, and hospitals has increased the demand for infrared medical thermometers, with offices being operational in a staggered manner worldwide, as per the government guidelines. Moreover, companies are installing fever scanning stations, digital trackers, and other systems to reduce the spread of COVID-19. Security officials use various devices, such as digital medical thermometers and sophisticated heat detection cameras, to identify if someone is unwell. For instance, The Kinsa QuickCare Smart Stick Thermometer, used for oral, rectal, or armpit readings, takes a reading in eight seconds and has a flexible tip for baby's comfort and a large bulb. The app has recently gained attention for its ability to detect when illnesses, such as COVID-19 and the flu, are spreading in real-time. The startup tracks fevers in your neighborhood using anonymized data and informs you whether the risk of going out in public is low, moderate, or urgent. In Contrast, the pandemic interrupts the supply chain and process. Many companies will vary to other geographic regions to ensure that products remain available and protect their supply chain. Such factors are expected to boost the demand for smart baby thermometers globally.

Segment Analysis

Smart Baby Ear Thermometer segment is expected to hold the largest market share in smart baby thermometers market

The smart baby ear thermometer segment is expected to dominate in 2021. The segment is benefited because the smart baby ear thermometer is a great way to keep track of the child's temperature. It provides real-time counseling and keeps track of the entire family's medical history. It also works with the majority of Android and iOS smartphones. For instance, The Kinsa Smart Ear Thermometer is a multi-award-winning thermometer that may be used with or without a smartphone. From baby to adult, this product is doctor-recommended and FDA-approved. It provides expert temperature readings in less than a second.

Moreover, the Free Kinsa smartphone app uses your age, fever, and symptoms to help you understand how to feel better faster, when to take medications, and whether or not to seek medical attention. As a result, it keeps track of your family's health – including temperatures, symptoms, and medications – so you may refer to it later or share it with a doctor. Thus, the market segment is expected to hold the largest market share in the forecast period from the above statements.

Geographical Analysis

North America region holds the largest market share in the global smart baby thermometers market

In 2021, North America accounted for the highest revenue share. The increasing prevalence of fever in the returned Pediatric traveler, rising adoption of the smart baby thermometers, technological advancement in the device and product launches by the key players are some factors the market is expected to boost in the forecast period. For instance, The COVID-19 pandemic has significantly impacted international travel, making evaluation and management of sick travelers more difficult. Children visiting friends and relatives overseas are at a larger risk of infection compared to tourists. Moreover, Typhoid fever is a disease caused by the Salmonella enterica serotype Typhi bacteria. Most cases diagnosed in the United States are among international visitors, with the Indian subcontinent accounting for most cases. Typhoid fever is a less common cause of illness than malaria in febrile returning children. Without antibiotic treatment, the mortality rate is 12% to 30%.

Additionally, The VAVA Smart Baby Thermometer was launched in June 2020. The gadget is intended to monitor the temperature of newborns continuously. The device includes a portable casing with an LED light indicator, a medical-grade 3M adhesive patch, and real-time monitoring with a fever alert for 24 hours. In the United States, the FDA has approved the product. Therefore, it has increased the demand for smart baby thermometers. Thus, the North American region is expected to hold the largest market share in the forecast period from the above statements.

Competitive Landscape

Major key players in the smart baby thermometers market are VAVA, EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, Kinsa Inc., iProven, Koninklijke Philips NV, OMRON Healthcare Co., Ltd., Paul Hartmann AG, B. Braun Melsungen AG.

VAVA:

Overview:

VAVA is a privately held company headquartered in the United States. It is a consumer electronics company that sells smart consumer electronics and appliances. The company's main focus is on audio products, and the company designs audio products that support modern lifestyles. The company also sells camera solutions and baby products, including Baby Monitor, Split Screen Baby Monitor, Add-on Baby Cam, Smart Baby Thermometer, Baby Night Light and Adhesive Refill Pack.

­Product Portfolio:

VAVA Smart Baby Thermometer: VAVA Smart Baby Thermometer is a real-time temperature monitoring that instantly beeps alerts & blinking LED light notifications, with long-lasting battery life & fast charging. It is portable & easy to use and a comfortable & safe food-grade silicone patch.

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