Body Temperature Monitoring Market Report: Trends, Forecast and Competitive Analysis to 2030
Body Temperature Monitoring Trends and Forecast
The future of the global body temperature monitoring market looks promising with opportunities in the hospital & clinic and home setting markets. The global body temperature monitoring market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing prevalence of infectious diseases, rising old age population, and increasing adoption of portable body temperature checks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Body Temperature Monitoring by Segment
The study includes a forecast for the global body temperature monitoring by product, application, end use, and region.
Body Temperature Monitoring Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Contact Thermometers
- Non-Contact Thermometers
Body Temperature Monitoring Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Oral Cavity
- Rectum
- Ear
- Others
Body Temperature Monitoring Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals and Clinics
- Home Users
- Others
Body Temperature Monitoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Body Temperature Monitoring Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies body temperature monitoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the body temperature monitoring companies profiled in this report include-
- American Diagnostic
- Midas
- Omron
- Helen Of Troy
- Cardinal Health
- 3M
- A&D Medical
Body Temperature Monitoring Market Insights
Lucintel forecasts that contact thermometer is expected to witness higher growth over the forecast period due to its growing usage to measure a person’s body temperature by coming into contact with the skin.
Within this market, hospital & clinic is expected to witness highest growth over the forecast perioddue to significant use of thermometers among nurses and other healthcare professionals to regularly check patients' body temperatures for changes and fever.
APAC is expected to witness highest growth over the forecast period due to growing population preference for a healthy lifestyle and disease monitoring, rising number of consumer base, and presence key manufacturers in the region.
Features of the Global Body Temperature Monitoring Market
Market Size Estimates: Body temperature monitoring market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Body temperature monitoring market size by various segments, such as by application, end use, and region in terms of value ($B).
Regional Analysis: Body temperature monitoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the body temperature monitoring market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the body temperature monitoring market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the body temperature monitoring market size?
Answer: The global body temperature monitoring market is expected to reach an estimated $2.0 billion by 2030.
Q.2 What is the growth forecast for body temperature monitoring market?
Answer: The global body temperature monitoring market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the body temperature monitoring market?
Answer: The major drivers for this market are growing prevalence of infectious diseases, rising old age population, and increasing adoption of portable body temperature checks.
Q4. What are the major segments for body temperature monitoring market?
Answer: The future of the body temperature monitoring market looks promising with opportunities in the hospital & clinic and home setting markets.
Q5. Who are the key body temperature monitoring market companies?
Answer: Some of the key body temperature monitoring companies are as follows:
- American Diagnostic
- Midas
- Omron
- Helen of Troy
- Cardinal Health
- 3M
- A&D Medical
Q6. Which body temperature monitoring market segment will be the largest in future?
Answer: Lucintel forecasts that contact thermometer is expected to witness higher growth over the forecast period due to its growing usage to measure a person’s body temperature by coming into contact with the skin.
Q7. In body temperature monitoring market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing population preference for a healthy lifestyle and disease monitoring, rising number of consumer base, and presence key manufacturers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the body temperature monitoring market by product (contact thermometers and non-contact thermometers), application (oral cavity, rectum, ear, and others), end use (hospitals and clinics, home users, and others)and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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