PUBLISHER: The Business Research Company | PRODUCT CODE: 1539622
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539622
Baby thermometers are specialized devices designed to accurately measure the body temperature of infants and young children. They often feature flexible tips, quick read times, and non-invasive methods (e.g., forehead or ear thermometers) to ensure comfort and safety while providing reliable readings.
The main types of baby thermometers include rectal, oral, infrared, ear canal, pacifier, and armpit thermometers. Rectal baby thermometers are designed to measure an infant's body temperature via the rectum. The different types of thermometers include digital baby thermometers, infrared baby thermometers, pacifier baby thermometers, and smart baby thermometers. These thermometers can be either non-connected or connected. They are distributed through various channels such as retail stores, online stores, supermarkets, and pharmacies, and are used in multiple applications, including home use, clinical use, travel and portable use, and others.
The baby thermometers market research report is one of a series of new reports from The Business Research Company that provides baby thermometers market statistics, including baby thermometers industry global market size, regional shares, competitors with a baby thermometers market share, detailed baby thermometers market segments, market trends and opportunities, and any further data you may need to thrive in the baby thermometers industry. This baby thermometers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baby thermometers market size has grown rapidly in recent years. It will grow from $10.98 billion in 2023 to $12.20 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to several factors, heightened focus on health and hygiene, particularly due to the COVID-19 pandemic, increased penetration of baby care products, diversification and expansion of retail channels, concerns about infectious diseases, and supportive regulatory frameworks and standards for baby care products.
The baby thermometers market size is expected to see rapid growth in the next few years. It will grow to $18.65 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to improvements in healthcare infrastructure, the increasing penetration of e-commerce platforms, rising birth rates among older parents, growth in telehealth and telemedicine services, and heightened concerns about product safety and accuracy. Major trends expected in the forecast period include innovations in thermometer technology, continuous product innovation, a growing preference for digital health products, integration of thermometers with remote monitoring technologies, and their integration with wearable technology.
The increasing birth rates are expected to drive growth in the baby thermometers market moving forward. Birth rates indicate the number of live births per 1,000 people in a population within a specific timeframe, typically a year. Rising birth rates are influenced by factors such as improved healthcare, which reduces infant mortality, cultural shifts favoring larger families, economic stability promoting family planning, and government policies supporting childbirth and family development. Baby thermometers are essential tools for monitoring newborns' temperatures to ensure stability and detect any signs of fever or illness early on. They provide rapid and accurate readings critical for prompt medical attention if necessary. For example, according to Northwestern University, a US-based private research university, birth rates in the US increased in 2021, resulting in a net rise of 46,000 births above the pre-pandemic trend over two years. This fertility increase continued into the summer of 2022, underscoring the role of rising birth rates in boosting the baby thermometers market.
Leading companies in the baby thermometers market are introducing innovative products such as infrared thermometers to enhance their competitive position. Infrared thermometers employ advanced technology to measure temperature without physical contact, typically by scanning the forehead or ear, providing rapid and hygienic readings. Widely used in medical settings and households, these thermometers offer non-invasive temperature monitoring with high precision. For instance, Fitgo, an India-based healthcare company, launched a new line of infrared thermometers in January 2021 featuring various models with advanced features such as one-second temperature readings, memory recall, fever alarms, compatibility modes, and large backlit displays. Equipped with high-precision infrared sensors, these thermometers ensure hygiene and accuracy, making them suitable for infants, adults, elderly individuals, objects, and ambient temperatures.
In March 2024, Healthy Together, a US-based health technology firm, acquired Kinsa Health to integrate Kinsa's AI technology into its SaaS platform, enhancing various sectors with AI-driven predictive health insights. Kinsa Health, based in the US, specializes in baby thermometers.
Major companies operating in the baby thermometers market are Braun GmbH, Omron Corporation, Graco Inc., Babyhug, Briggs Corporation, Exergen Corporation, iHealth Lab Inc., American Diagnostic Corporation, Fridababy LLC, Medel International Srl, Safety 1st, Innovo Medical, Bebe Comfort, Healthy Together, Metene, Fitgo, iProven, Zacurate, Femometer, ANKOVO
North America was the largest region in the baby thermometers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the baby thermometers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the baby thermometers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The baby thermometers market consists of sales of temporal artery thermometers, multi-mode thermometers, and non-invasive adhesive strip thermometers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Baby Thermometers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on baby thermometers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for baby thermometers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The baby thermometers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.