Global Body Temperature Monitoring Market Size By Product Type (Digital Thermometers, Infrared Thermometers), By Application (Medical, Wellness), By Technology (Digital, Infrared, Mercury-Based), By Geographic Scope and Forecast

Report ID: 29147|No. of Pages: 202

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Global Body Temperature Monitoring Market Size By Product Type (Digital Thermometers, Infrared Thermometers), By Application (Medical, Wellness), By Technology (Digital, Infrared, Mercury-Based), By Geographic Scope and Forecast

Report ID: 29147|Published Date: Oct 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Body Temperature Monitoring Market Size and Forecast

Body Temperature Monitoring Market size was valued at USD 1771.7 Million in 2023 and is projected to reach USD 3247.85 Million by 2031, growing at a CAGR of 7.87% from 2024 to 2031.

  • Body temperature monitoring is the continuous or periodic measurement of an individual’s body temperature to assess their health status and identify probable medical issues. This technique employs a variety of instruments and technology designed to properly monitor body temperature. Traditional methods use thermometers which can be oral, rectal, axillary (underarm), or tympanic (ear).
  • They have numerous uses in a variety of industries with a growing importance in healthcare, wellness, and remote patient monitoring. In healthcare settings, body temperature monitoring is critical for identifying and treating fever-related disorders, tracking patient recovery, and controlling chronic diseases.
  • Body temperature monitoring is predicted to improve considerably as technology advances. The use of artificial intelligence and machine learning algorithms will improve the accuracy and predictive capacities of temperature monitoring systems. These technologies will allow for more advanced data analysis providing insights into trends and anomalies that may reveal health problems before they become severe.

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Body Temperature Monitoring Market is estimated to grow at a CAGR of 7.87% & reach USD 3247.85 Bn by the end of 2031

Global Body Temperature Monitoring Market Dynamics

The key market dynamics that are shaping the global body temperature monitoring market include:

Key Market Drivers:

  • Rising Incidence of Chronic Diseases: Chronic disease prevalence is increasing, necessitating constant health monitoring including body temperature. These disorders frequently necessitate regular monitoring to manage symptoms and avoid consequences. As the number of patients suffering from chronic diseases increases so does the demand for dependable and accurate body temperature monitoring solutions.
  • Advances in Technology: Technological advances in body temperature monitoring devices are driving market expansion. Wearable sensors, smart thermometers, and remote monitoring devices provide greater precision, ease, and real-time data transfer. The integration of IoT and wireless technologies allows for continuous monitoring and smooth data integration with health management systems.
  • Growth in Home Healthcare: The transition to home healthcare and remote patient monitoring is a primary driver of the body temperature monitoring market. Patients and healthcare professionals are increasingly using home-based health management technologies to avoid hospital visits and better manage illnesses at home.

Key Challenges:

  • Accuracy and Reliability Issues: One of the most difficult aspects of body temperature monitoring is ensuring that temperature measurements are accurate and consistent. Variations in measuring procedures, calibration concerns, and external influences such as ambient temperature all have the potential to affect device precision.
  • Integration with Healthcare Systems: Integrating body temperature monitoring devices with existing healthcare systems and electronic health records (EHRs) can be challenging. Many healthcare facilities utilize disparate and sometimes out-of-date systems making smooth data integration difficult. Efficiently synchronizing temperature data with patient records for real-time monitoring and analysis necessitates strong interoperability and data management systems.
  • Privacy and Data Security Concerns: With the growing use of digital and linked devices, protecting patient data has become vital. Body temperature monitoring systems frequently collect critical health data which must be safeguarded against cyber-attacks. Compliance with data protection requirements such as GDPR and HIPAA, adds an extra layer of complexity.

Key Trends:

  • Wearable Technology Advancement: Body temperature monitoring is becoming increasingly common in wearable devices such as smartwatches and fitness trackers. These gadgets now provide continuous temperature tracking as well as other health data like heart rate and activity levels. The ability to monitor body temperature in real-time gives users vital information about their health and allows for early detection of potential problems such as infections or fever.
  • Growth of Telemedicine and Remote Monitoring: Telemedicine and remote health monitoring are growing in popularity which has increased demand for body temperature monitoring solutions. With the increased emphasis on remote consultations and home-based treatment, there is a greater demand for dependable, non-invasive temperature monitoring devices that may be utilized outside of typical healthcare facilities.
  • Increased Consumer Focus on Personal Health and Wellness: As consumers become more concerned with their health and well-being, demand for body temperature monitoring systems grows. This trend is bolstered by the growing availability of user-friendly health monitoring gadgets and applications that enable people to take proactive actions toward maintaining their health and fitness.

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Global Body Temperature Monitoring Market Regional Analysis

Here is a more detailed regional analysis of the global body temperature monitoring market:

North America:

  • The North American region primarily the United States leads the global body temperature monitoring market. This dominance stems mostly from the region’s advanced healthcare infrastructure, high healthcare spending, and rapid adoption of novel medical technologies.
  • The U.S. healthcare system’s significant investment in patient monitoring technologies is a major driver of the body temperature monitoring market. According to the Centers for Medicare and Medicaid Services (CMS), U.S. healthcare spending will total $4.1 trillion in 2020, or $12,530 per person accounting for 19.7% of the country’s GDP. This significant healthcare spend encourages the use of improved temperature monitoring devices.
  • According to the United States Census Bureau by 2030, all baby boomers will be over the age of 65 bringing the total elder population to 73 million people. This demographic trend is projected to drive up demand for continuous temperature monitoring systems as older persons are more vulnerable to temperature-related health problems. Furthermore, the Centers for Disease Control and Prevention (CDC) says that six out of ten persons in the United States have a chronic disease with many ailments that need regular temperature checks.

Asia Pacific:

  • The Asia Pacific region has the fastest growth in the body temperature monitoring market owing to its vast population and quickly increasing healthcare infrastructure. This rapid rise is especially evident in nations such as China and India where technological developments and rising health awareness are driving market growth. The increased prevalence of infectious diseases is a major driver of the body temperature monitoring market in the Asia Pacific region.
  • According to the World Health Organization (WHO), the Western Pacific Region, which encompasses much of East Asia reported approximately 1.4 million dengue cases in 2020, an illness characterized by fever as the major symptom. In Southeast Asia, the WHO reported approximately 400,000 dengue cases in the same year.
  • According to the National Health Commission of China, more than 160 million fever clinic visits have been made since the pandemic began, demonstrating the heightened emphasis on temperature checking. Another critical driver is the region’s rising healthcare expenses. This increased healthcare spending will most certainly involve investments in medical technologies such as body temperature sensors.

Global Body Temperature Monitoring Market: Segmentation Analysis

The Global Body Temperature Monitoring Market is segmented based on Product Type, Application, Technology, and Geography.

Body Temperature Monitoring Market is estimated to grow at a CAGR of 7.87% & reach USD 3247.85 Bn by the end of 2031

Body Temperature Monitoring Market, By Product Type

  • Digital Thermometers
  • Infrared Thermometers
  • Temperature Trend Indicators
  • Mercury-Based Thermometers
  • Temperature Strips

Based on the Product Type, the Global Body Temperature Monitoring Market is bifurcated into Digital Thermometers, Infrared Thermometers, Temperature Trend Indicators, Mercury-Based Thermometers, and Temperature Strips. In the global body temperature monitoring market, digital thermometers are the dominant product type. This dominance is driven by their accuracy, ease of use, and rapid measurement capabilities compared to other types. Digital thermometers provide precise temperature readings and are user-friendly making them ideal for both home and clinical settings. They also feature advanced functionalities such as memory recall and fever alerts which enhance their utility.

Body Temperature Monitoring Market, By Application

  • Medical
  • Wellness

Based on the Application, the Global Body Temperature Monitoring Market is bifurcated into Medical and Wellness. In the global body temperature monitoring market, medical applications are dominant. This is primarily due to the critical need for accurate and continuous body temperature monitoring in healthcare settings. Medical applications encompass a wide range of uses including patient monitoring in hospitals, chronic disease management, and fever detection. The increasing prevalence of health conditions that require regular temperature monitoring such as infections and chronic illnesses drives demand in this sector.

Body Temperature Monitoring Market, By Technology

  • Digital
  • Infrared
  • Mercury-Based

Based on the Technology, the Global Body Temperature Monitoring Market is bifurcated into Digital, Infrared, and Mercury-Based. In the global body temperature monitoring market, digital technology is the dominant segment. This dominance is due to the widespread adoption of digital thermometers which offer advantages like ease of use, quick readings, and accuracy. Digital thermometers are increasingly preferred in both clinical and home settings for their convenience and reliability. They provide precise temperature measurements and are less prone to errors compared to mercury-based thermometers. Additionally, digital devices often include features like memory storage and digital displays enhancing user experience and functionality.

Body Temperature Monitoring Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Global Body Temperature Monitoring Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America is the dominant region in the global body temperature monitoring market. This dominance is attributed to advanced healthcare infrastructure, high adoption rates of innovative medical technologies, and significant investment in healthcare R&D. The presence of major healthcare companies and tech firms in the U.S. and Canada further drives market growth. Additionally, the increasing prevalence of chronic diseases and the rising demand for remote patient monitoring solutions contribute to the region’s leadership.

Key Players

The “Global Body Temperature Monitoring Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are 3M Company, Cardinal Health, Inc., Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, OMRON Healthcare, A&D Medical Technologies Sarl, Easywell Biomedicals, Inc., American Diagnostic Corporation Limited, Hicks Thermometers India Limited, Helen of Troy Limited, Baxter International, Inc., Terumo Corporation, Briggs Healthcare, Hartmann AG.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Body Temperature Monitoring Market Key Developments

Body Temperature Monitoring Market is estimated to grow at a CAGR of 7.87% & reach USD 3247.85 Bn by the end of 2031

  • In December 2022, SmartFuture, a Singapore-based health technology company, unveiled a new software development kit for remote patient monitoring. The software kit is compatible with about 400 regulated wireless medical devices from around 40 brands, including Omron, Abbott, Roche, and Viacom. This covers devices that collect temperature values from thermometers and other devices and deliver them to a cloud database. This new product complements its existing range of health IT solutions, which includes an RPM platform with a mobile app, web interface, wireless medical devices, and EMR connectors.
  • In August 2022 Exergen Corporation said that NIDEK Medical had reached a deal to distribute the temporal artery line, which includes the TAT-5000, TAT-2000, and TAT-2000C Temporal Artery Thermometers and Accessories, in India.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Million)

Key Companies Profiled

3M Company, Cardinal Health, Inc., Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, OMRON Healthcare, A&D Medical Technologies Sarl, Easywell Biomedicals, Inc., American Diagnostic Corporation Limited, Hicks Thermometers India Limited, Helen of Troy Limited, Baxter International, Inc., Terumo Corporation, Briggs Healthcare, Hartmann AG.

Segments Covered

By Product Type, By Application, By Technology, and By Geography.

Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Body Temperature Monitoring Market was valued at USD 1771.7 Million in 2023 and is projected to reach USD 3247.85 Million by 2031, growing at a CAGR of 7.87% from 2024 to 2031.

Rising Incidence of Chronic Diseases, Advances in Technology, Growth in Home Healthcare are the factors driving the growth of the Body Temperature Monitoring Market.

The major players are 3M Company, Cardinal Health, Inc., Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, OMRON Healthcare, A&D Medical Technologies Sarl, Easywell Biomedicals, Inc., American Diagnostic Corporation Limited, Hicks Thermometers India Limited, Helen of Troy Limited, Baxter International, Inc., Terumo Corporation, Briggs Healthcare, Hartmann AG.

The Global Body Temperature Monitoring Market is segmented based on Product Type, Application, Technology, and Geography.

The sample report for the Body Temperature Monitoring Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL BODY TEMPERATURE MONITORING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL BODY TEMPERATURE MONITORING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL BODY TEMPERATURE MONITORING MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Digital Thermometers
5.3 Infrared Thermometers
5.4 Temperature Trend Indicators
5.5 Mercury-Based Thermometers
5.6 Temperature Strips

6 GLOBAL BODY TEMPERATURE MONITORING MARKET, BY APPLICATION
6.1 Overview
6.2 Medical
6.3 Wellness

7 GLOBAL BODY TEMPERATURE MONITORING MARKET, BY TECHNOLOGY
7.1 Overview
7.2 Digital
7.3 Infrared
7.4 Mercury-Based

8 GLOBAL BODY TEMPERATURE MONITORING MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Spain
8.3.4 Italy
8.3.5 U.K.
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa

9 GLOBAL BODY TEMPERATURE MONITORING MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 3M Company
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Cardinal Health, Inc.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Koninklijke Philips N.V.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Drägerwerk AG & Co. KGaA
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 OMRON Healthcare
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 A&D Medical Technologies Sarl
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 American Diagnostic Corporation Limited
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Hicks Thermometers India Limited
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Helen of Troy Limited
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Baxter International, Inc
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations

12 Appendix
12.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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