1. Health

Body Temperature Monitoring Market will grow at highest pace owing to rising demand for digital thermometers.

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Body temperature monitoring involves the measurement of body temperature with various thermometers or other temperature sensing devices to track temperature variations. Body temperature is an important indicator of general wellness and helps detect diseases and disorders at an early stage. The body temperature monitoring market has witnessed significant growth in recent times owing to the COVID-19 pandemic increasing the demand for precision thermometers to monitor fever in suspected patients. Growing prevalence of chronic diseases and increasing elderly population base prone to infections and illnesses have further boosted the market demand. Digital thermometers are the most commonly used devices for body temperature monitoring owing to their accuracy and convenience of usage.

The Global Body Temperature Monitoring Market is estimated to be valued at US$ 1.5 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period from 2024 to 2030.

Key Takeaways

Key players operating in the body temperature monitoring market are Regent Pacific Group Limited, Menarini Group, Furiex Pharmaceuticals, Inc., Absorption Pharmaceuticals, LLC, Ampio Pharmaceuticals, Inc., Aytu BioScience, NeuroHealing Pharmaceuticals Inc., and Dong-A Pharmaceutical Co., Ltd. The greater accuracy and convenience offered by digital and infra-red thermometers compared to mercury thermometers have accelerated their adoption. This has benefitted leading digital thermometer manufacturers.

Growing incidences of fever, influenza and other infectious diseases across regions have increased the demand for thermometers for routine monitoring of body temperature. Factors such as increasing healthcare expenditure and greater awareness about early disease detection have also contributed to market growth.

Technology advancements have led to the development of smart wearable thermometers and continuous temperature monitoring devices. These devices offer real-time temperature readings and alerts if fever is detected. Innovation is expected to further drive the demand.

Market Trends

Wireless technology trends – Major players are focusing on development of smart and wireless body temperature monitoring devices for real-time data transfer to healthcare providers or family members.

Increasing adoption of oral thermometers – Oral thermometers are gaining popularity over traditional thermometers due to their convenience, accuracy and quick reading times.

Market Opportunities

Fever detection systems – Growing demand for fever screening systems at public areas such as airports, malls and offices post Covid-19 pandemic presents new opportunities.

Paediatric applications – Innovations targeted towards children for pain-free experience and accurate readings while monitoring common diseases will boost market prospects.

Impact of COVID-19 on Body Temperature Monitoring Market
The global pandemic of COVID-19 has significantly impacted the growth of body temperature monitoring market. As fever is one of the common symptoms of COVID-19 infection, monitoring body temperature has become crucial in detecting and managing the spread of the virus. This has immensely boosted the demand for temperature monitoring devices like thermometers, temperature guns, patches, wearables and smart watches with temperature sensing capabilities since early 2020.

Before the pandemic, the market was growing steadily attributable to increasing adoption of home use thermometers and wearable temperature monitors. However, COVID-19 accelerated the market growth exponentially. Manufacturers have ramped up production capacities significantly to meet the spike in demand from households, workplaces, hospitals and public places. Governments and companies across the world have also started extensive temperature screening at airports, offices, factories and other crowded areas utilizing non-contact infrared thermometers.

Going forward, while demand may normalize post pandemic, increased awareness about temperature monitoring is expected to sustain higher sales volumes compared to pre-COVID levels. Further, integration of thermometry into wearables and development of advanced patches, sensors and systems ensure continuous monitoring, benefiting patients and healthcare providers. Manufacturers are also focusing on building supplies through new innovations to strengthen preparedness for future public health emergencies while catering to existing healthcare needs.

North America dominates the body temperature monitoring market in terms of value owing to rising healthcare expenditures, developed economy and early adoption of advanced medical devices in the region. The United States accounts for the major share of the North America market.

Asia Pacific is projected to be the fastest growing regional market for body temperature monitoring stimulated by increasing medical tourism, growing per capita incomes, expanding distribution networks of international brands and rising health awareness in developing countries like India and China. Growth will also be supported by ongoing technological advancements and initiatives towards strengthening healthcare infrastructure across Asia Pacific.

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