PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587708
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587708
According to Stratistics MRC, the Global Body Temperature Monitoring Market is accounted for $1.7 billion in 2024 and is expected to reach $2.4 billion by 2030, growing at a CAGR of 6.3% during the forecast period. The process of taking a person's body temperature and tracking it in order to identify any anomalies-like fever or hypothermia-that may point to health problems is known as body temperature monitoring. Because it makes early infection diagnosis and chronic condition monitoring possible, it is an essential component of healthcare. Thermometers are used in a variety of contexts, such as homes, sports, and hospitals. As a result of ongoing technological developments, temperature monitoring solutions have become more precise, practical, and real-time.
According to the Centers for Disease Control and Prevention (CDC), during the 2022-2023 flu seasons in the United States there were an estimated 27-54 million flu illnesses.
Growing prevalence of infectious diseases
The increasing prevalence of infectious diseases like influenza, COVID-19, and other viral infections is driving the demand for body temperature monitoring devices. Fever is a common symptom of many infectious diseases. Accurate temperature measurement becomes crucial for early detection and monitoring of illness progression. This has led to a surge in the adoption of temperature monitoring solutions in healthcare settings, public spaces, and homes. The need for continuous temperature tracking during disease outbreaks has further accelerated market growth, prompting innovations in wearable and non-contact temperature monitoring technologies.
Accuracy concerns in wearables
While wearable technologies offer convenience and continuous monitoring capabilities, their accuracy can be affected by factors such as environmental conditions, skin contact, and individual physiological variations. This can lead to inconsistent or unreliable temperature readings, potentially compromising clinical decision-making and patient care. Healthcare professionals and consumers may hesitate to fully rely on wearable temperature monitors, preferring traditional methods for critical temperature assessments.
Increasing emphasis on preventive healthcare
Individuals are becoming more health-conscious and proactive about managing their well-being. Due to this, the demand for personal health monitoring devices, including temperature sensors, is rising. This trend is further supported by the integration of temperature monitoring features in smartwatches and fitness trackers, making it easier for consumers to track their body temperature regularly. Additionally, healthcare providers are increasingly emphasizing early detection and prevention of illnesses, driving the adoption of advanced temperature monitoring solutions in clinical settings for continuous patient monitoring and early intervention.
Data privacy
These monitoring devices gather sensitive information about an individual's body temperature and potentially other health metrics. There are growing concerns about data security, unauthorized access, and potential misuse of this information. Strict data protection regulations and the need for robust cybersecurity measures can increase development costs and complexity for manufacturers. Moreover, consumer apprehension about data privacy may hinder the adoption of advanced temperature monitoring solutions, especially in non-clinical settings, potentially limiting market growth.
The COVID-19 pandemic significantly boosted the body temperature monitoring market. Widespread temperature screening became essential in healthcare facilities, workplaces, and public spaces to detect potential infections. This led to increased demand for non-contact thermometers and thermal imaging systems. The pandemic also accelerated innovations in wearable temperature monitoring devices and remote patient monitoring solutions, reshaping market trends and consumer preferences.
The contact-based segment is expected to be the largest during the forecast period
The contact-based segment is predicted to secure the largest market share throughout the forecast period. This dominance is attributed to the widespread use of contact thermometers in healthcare settings and homes due to their perceived accuracy and reliability. Contact-based devices are preferred for their precision in clinical diagnoses and patient care. The familiarity and trust in these traditional methods, coupled with their cost-effectiveness and ease of use, contribute to their continued popularity and solidify their position in the market.
The online segment is expected to have the highest CAGR during the forecast period
The online segment is projected to witness substantial growth during the projection period, driven by the increasing popularity of e-commerce platforms and the convenience of online shopping. The COVID-19 pandemic has accelerated this trend, with more consumers turning to online channels for health-related products. Online platforms offer a wide variety of temperature monitoring devices, competitive pricing, and the convenience of home delivery. The ease of comparing products, reading customer reviews, and accessing detailed product information online contributes to the segment's rapid growth.
The North America region is projected to account for the largest market share during the forecast period. This dominance is attributed to the region's advanced healthcare infrastructure, high healthcare expenditure, and early adoption of innovative medical technologies. The presence of major market players, stringent regulatory standards ensuring product quality, and increased health awareness among consumers contribute to the market's growth. Additionally, the impact of the COVID-19 pandemic has further accelerated the adoption of temperature monitoring solutions in various sectors, including healthcare, workplaces, and public spaces, solidifying North America's position as the leading market for body temperature monitoring devices.
The Asia Pacific region is projected to achieve the highest CAGR during the forecast period. This rapid growth is driven by factors such as the large population base, increasing healthcare expenditure, and growing awareness about preventive healthcare. The region's emerging economies are witnessing rapid urbanization and improvements in healthcare infrastructure, leading to increased adoption of advanced medical devices. Additionally, the COVID-19 pandemic has heightened the importance of temperature monitoring in public health management, further boosting market growth.
Key players in the market
Some of the key players in Body Temperature Monitoring Market include 3M Company, Omron Corporation, Welch Allyn, Cardinal Health, Inc., Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Terumo Corporation, Microlife Corporation, American Diagnostic Corporation, Braun GmbH, Easywell Biomedicals, Inc., Exergen Corporation, Geratherm Medical AG, Helen of Troy Limited, Masimo Corporation, Medtronic plc, Cosinuss GmbH, and A&D Company, Limited.
In April 2024, Royal Philips, a global leader in health technology, announced a strategic partnership to integrate smartQare's advanced solution, viQtor, with Philips' world-leading clinical patient monitoring platforms. This collaboration aims to enable the next generation of continuous patient monitoring both in and out of the hospital, starting in Europe.
In September 2023, Welch Allyn, a leading medical diagnostic device company that is now part of Hill-Rom, has introduced a new electronic ear thermometer that offers advanced measurement technology to help capture accurate, reliable temperature readings. The Welch Allyn Braun ThermoScan(R) PRO 6000 Ear Thermometer with exclusive PerfecTemp(TM) technology helps overcome challenges presented by ear canal anatomy and variability in probe placement. The thermometer collects information about the direction and depth of ear probe placement and automatically incorporates it into temperature calculation-helping to increase the accuracy of readings.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.