Global Body Temperature Monitoring Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Body Temperature Monitoring Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Contact Thermometers, and Non-Contact Thermometers), End Users (Hospitals & Clinics, Home Settings, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Body Temperature Monitoring Market was valued at USD 2,173.8 million in 2023 and is expected to reach USD 4,363.4 million by 2031 while growing at a CAGR of 9.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global body temperature monitoring market growth. Body temperature monitoring involves measuring the body's ability to generate and dissipate heat, aiding in illness detection and treatment effectiveness monitoring. Temperature sensors, which convert temperature into electrical signals for recording and analysis, are typically employed for this purpose.
The rising incidence of infectious diseases, chronic ailments, and conditions impacting temperature regulation underscores the need for regular body temperature monitoring. The COVID-19 pandemic has further fueled market expansion. However, challenges related to accuracy, reliability, and cost constraints impede market growth.
Furthermore, the global body temperature monitoring industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Body Temperature Monitoring Market is segmented among Contact Thermometers, and Non-Contact Thermometers, based on Product. In 2023, Contact Thermometers accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End Users Analysis
The Global Body Temperature Monitoring Market is segmented among Hospitals & Clinics, Home Settings, and Others, based on End Users. In 2023, Hospitals & Clinics accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Body Temperature Monitoring Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are 3M Company, A&D Medical Technologies Sarl, Easywell Biomedicals, Inc., American Diagnostic Corporation Limited, Hicks Thermometers India Limited, Helen of Troy Limited (Kaz USA Inc.), Baxter International Inc., Cardinal Health Inc., Omron Corporation, and Midas Investment Company Limited (Microlife Corporation).
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Body Temperature Monitoring Market Dynamics
Drivers
Restraints
Opportunity
4. Global Body Temperature Monitoring Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Body Temperature Monitoring Market Segmentation, By Product
Global Body Temperature Monitoring Market Share Analysis, By Product
Global Body Temperature Monitoring Market Growth Analysis, By Product
Global Body Temperature Monitoring Market Trends, By Product
o Contact Thermometers
o Non-Contact Thermometers
6. Global Body Temperature Monitoring Market Segmentation, By End Users
Global Body Temperature Monitoring Market Share Analysis, By End Users
Global Body Temperature Monitoring Market Growth Analysis, By End Users
Global Body Temperature Monitoring Market Trends, By End Users
o Hospitals & Clinics
o Home Settings
o Others
7. Global Body Temperature Monitoring Market Segmentation, By Region
Global Body Temperature Monitoring Market Share Analysis, By Region
Global Body Temperature Monitoring Market Growth Analysis, By Region
Global Body Temperature Monitoring Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
3M Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
A&D Medical Technologies Sarl
Easywell Biomedicals, Inc.
American Diagnostic Corporation Limited
Hicks Thermometers India Limited
Helen of Troy Limited (Kaz USA Inc.)
Baxter International Inc.
Cardinal Health Inc.
Omron Corporation
Midas Investment Company Limited (Microlife Corporation)
*Similar analysis will be provided for each company listed above.