Body Temperature Monitoring Market Size

Body Temperature Monitoring Market Analysis

The Body Temperature Monitoring Market size is estimated at USD 1.69 billion in 2024, and is expected to reach USD 2.16 billion by 2029, growing at a CAGR of 5.04% during the forecast period (2024-2029).

The body temperature monitoring devices were significantly impacted during the COVID-19 pandemic. For instance, an article published by Cambridge University in September 2022 reported that the major symptoms of acute COVID-19 infection were high peak body temperature. The increased body temperature due to COVID-19 led to fever and increased demand for body temperature monitoring devices. However, in the current scenario, with the substantial decrease in COVID-19 cases, the demand for temperature control devices may get stabilized compared to the beginning of the pandemic, but with the presence of various infectious microbes in the environment leading to fever and chills, the demand for body temperature control devices may keep on increasing over the forecast period.

The increasing prevalence of infectious diseases such as swine flu, Ebola, and others is leading to high body temperature due to fever and thus increasing the demand for body temperature monitoring devices. For instance, in July 2022, the World Health Organization (WHO) reported that WHO Global Influenza Surveillance and Response System (GISRS) laboratories tested more than 317,198 specimens obtained from laboratories in 99 countries from 27 December 2021 to 09 January 2022. Of these many sample tests, 16,862 people were positive for influenza viruses, of which 10,744 (63.7%) were typed as influenza A and 6,118 (36.3%) as influenza B. Feverish/chills were the most common symptoms associated with influenza and the high cases of influenza may lead to an increase in body temperature monitoring products and thus expected to drive the growth of the studied market.

Moreover, the increasing pediatric population is expected to drive the growth of this segment. For instance, an article published by NCBI in March 2022 reported that a survey conducted in the year 2021 among 14,767 participants aged between (0-65) years in a hospital in China reported the population among the age group (0-15) years was more sensitive, and the high cases of fever were reported among this age group. Since the pediatric population is continuously growing, the demand for body temperature monitoring devices is expected to increase over the forecast period.

Furthermore, new product launches are driving the growth of this market. For instance, in July 2021, Hicks launched the Hicks DT-12 Digital Thermometer, which comes with extraordinary features like memory, a beeper, and an automatic shut-off facility. Thus, such product launches are driving the growth of the market. Thus, due to the increasing prevalence of infectious diseases, rising cases of fever in the pediatric population, and new products, the market is expected to witness significant growth over the forecast period. However, issues related to rectal thermometers and concerns about the use of infrared thermometers may slow down the growth of the studied market.