South America Body Temperature Monitoring Market Size

South America Body Temperature Monitoring Market Analysis

The South America Body Temperature Monitoring Market size is estimated at USD 108.06 million in 2024, and is expected to reach USD 153.18 million by 2029, growing at a CAGR of 7.23% during the forecast period (2024-2029).

COVID-19 has had a significant positive impact on the market as the utilization of body temperature monitoring devices was higher during the pandemic. Fever is one of the most crucial symptoms of covid infection which led to increasing awareness among the general population about monitoring body temperature monitoring across the globe. Body temperature monitoring devices such as Thermometers have played a vital role during this pandemic in measuring the body temperature to identify potentially infected patients. Moreover, recent innovations in the form of non-contact body temperature measuring devices have helped curb the spread of the virus even further. According to the study 'Reliability of Non-Contact Infrared Thermometers for Fever Screening Under COVID-19' published in March 2022, neck temperature had the highest accuracy among the four non-contact infrared thermometers (NCITs) temperature measurement sites, with an optimum fever diagnostic threshold of 37.35°C. Therefore, triple neck temperature detection with NCITs as the fever screening standard for COVID-19 is recommended. Thus, there is an increasing demand for infrared thermometers during COVID-19, which has positively impacted the market growth.

The South American body temperature monitoring market is a market with future potential. It is growing rapidly due to an increase in the prevalence of new and re-emerging infectious diseases in the countries in this region. The main driving force for this market is the rising consumer awareness of the importance of monitoring body temperature as it is an effective way to detect infections before clinical diagnosis. Additionally, according to the United Nations AIDS (UN-AIDS) data 2022, in 2021, 960,000 people were living with HIV in brazil compared to 640,000 in 2010. Furthermore, an increase in demand for non-contact thermometers, as the use of infrared (IR) thermometers and non-contact thermometers were extremely useful for identifying the new cases of an outbreak caused by the Ebola virus and pandemics such as COVID-19.

Hence, owing to the above-mentioned factors, the market studied is expected to witness strong growth over the forecast period.