Overview and Scope
Baby thermometers are specialized devices designed to accurately measure the body temperature of infants and young children. They are often designed with features such as flexible tips, quick read times, and non-invasive methods (e.g., forehead or ear thermometers) to ensure comfort and safety while providing reliable readings.
Sizing and Forecast
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 a heightened focus on health and hygiene due to the COVID-19 pandemic, increasing 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, increasing penetration of e-commerce platforms, increased birth rates among older parents, growth of telehealth and telemedicine services, and heightened concerns about product safety and accuracy. Major trends in the forecast period include innovations in thermometer technology, continuous product innovation, growing preference for digital health products, integration of thermometers with remote monitoring technologies, and integration with wearable technology.
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Segmentation & Regional Insights
The baby thermometers market covered in this report is segmented –
1) By Type: Rectal, Oral, Infrared, Ear Canal, Pacifier, Armpit
2) By Thermometer Type: Digital Baby Thermometers, Infrared Baby Thermometers, Pacifier Baby Thermometers, Smart Baby Thermometers
3) By Connectivity: Non-Connected Baby Thermometers, Connected Baby Thermometers
4) By Distribution Channel: Retail Store, Online Store, Supermarket, Pharma Store
5) By Application: Home Use, Clinical Use, Travel And Portable Use, Other Applications
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.
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Major Driver Impacting Market Growth
The rising birth rates are expected to propel the growth of the baby thermometers market going forward. Birth rates refer to the number of live births per 1,000 people in a population within a specified period, typically one year. The rising birth rates are influenced by factors such as improved healthcare leading to lower infant mortality, cultural shifts towards larger families, economic stability encouraging family planning, and supportive government policies promoting childbirth and family development. Baby thermometers are essential for monitoring newborns’ temperatures to ensure they are stable and to detect any signs of fever or illness early. They provide quick and accurate readings, which are crucial for prompt medical care if needed. For instance, in October 2022, according to Northwestern University, a US-based private research university, birthrates in the U.S. rose in 2021 to create a net increase of 46,000 births above the pre-pandemic trend across the two years combined. The 2021 increase in fertility, has continued through the summer of 2022. Therefore, the rising birth rates are driving the growth of the baby thermometers market.
Key Industry Players
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, Bébé Comfort, Healthy Together, Metene, Fitgo, iProven, Zacurate, Femometer, ANKOVO
The baby thermometers market report table of contents includes:
1. Executive Summary
2. Baby Thermometers Market Characteristics
3. Baby Thermometers Market Trends And Strategies
4. Baby Thermometers Market – Macro Economic Scenario
5. Global Baby Thermometers Market Size and Growth
……………..
32. Global Baby Thermometers Market Competitive Benchmarking
33. Global Baby Thermometers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Baby Thermometers Market
35. Baby Thermometers Market Future Outlook and Potential Analysis
36. Appendix
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