PUBLISHER: Lucintel | PRODUCT CODE: 1556579
PUBLISHER: Lucintel | PRODUCT CODE: 1556579
Smart Baby Thermometer Trends and Forecast
The future of the global smart baby thermometer market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets. The global smart baby thermometer market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are rising focus on infant health and well-being, growing parents demand for IoT-based infant body temperature monitoring, and expanding preference for micro-thin thermal sensor.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Smart Baby Thermometer by Segment
The study includes a forecast for the global smart baby thermometer by product type, distribution channel, and region.
List of Smart Baby Thermometer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart baby thermometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart baby thermometer companies profiled in this report include-
Smart Baby Thermometer Market Insights
Lucintel forecasts that infrared thermometer will remain larger segment over the forecast period.
Within this market, retail pharmacy will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Smart Baby Thermometer Market
Market Size Estimates: Smart baby thermometer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart baby thermometer market size by product type, distribution channel, and region in terms of value ($B).
Regional Analysis: Smart baby thermometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, and regions for the smart baby thermometer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart baby thermometer market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the smart baby thermometer market size?
Answer: The global smart baby thermometer market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for smart baby thermometer market?
Answer: The global smart baby thermometer market is expected to grow with a CAGR of 9.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smart baby thermometer market?
Answer: The major drivers for this market are rising focus on infant health and well-being, growing parents demand for IoT-based infant body temperature monitoring, and expanding preference for micro-thin thermal sensor.
Q4. What are the major segments for smart baby thermometer market?
Answer: The future of the smart baby thermometer market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.
Q5. Who are the key smart baby thermometer market companies?
Answer: Some of the key smart baby thermometer companies are as follows:
Q6. Which smart baby thermometer market segment will be the largest in future?
Answer: Lucintel forecasts that infrared thermometer will remain larger segment over the forecast period.
Q7. In smart baby thermometer market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.