Smart Baby Thermometer Trends and Forecast
The future of the global smart baby thermometer market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets. The global smart baby thermometer market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are rising focus on infant health and well-being, growing parents demand for IoT-based infant body temperature monitoring, and expanding preference for micro-thin thermal sensor.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Smart Baby Thermometer by Segment
The study includes a forecast for the global smart baby thermometer by product type, distribution channel, and region.
Smart Baby Thermometer Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Ear Thermometer
• Infrared Thermometer
Smart Baby Thermometer Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others
Smart Baby Thermometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smart Baby Thermometer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart baby thermometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart baby thermometer companies profiled in this report include-
• B. Braun Melsungen
• Briggs
• EASYTEM
• Exergen
• FEVERSMART
• iProven
• Kinsa
• Koninklijke Philips
• OMRON
• Paul Hartmann
Smart Baby Thermometer Market Insights
Lucintel forecasts that infrared thermometer will remain the larger segment over the forecast period.
Within this market, retail pharmacy will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Smart Baby Thermometer Market
Market Size Estimates: Smart baby thermometer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart baby thermometer market size by product type, distribution channel, and region in terms of value ($B).
Regional Analysis: Smart baby thermometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, and regions for the smart baby thermometer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart baby thermometer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the smart baby thermometer market size?
Answer: The global smart baby thermometer market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for smart baby thermometer market?
Answer: The global smart baby thermometer market is expected to grow with a CAGR of 9.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smart baby thermometer market?
Answer: The major drivers for this market are rising focus on infant health and well-being, growing parents demand for IoT-based infant body temperature monitoring, and expanding preference for micro-thin thermal sensor.
Q4. What are the major segments for smart baby thermometer market?
Answer: The future of the smart baby thermometer market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.
Q5. Who are the key smart baby thermometer market companies?
Answer: Some of the key smart baby thermometer companies are as follows:
• B. Braun Melsungen
• Briggs
• EASYTEM
• Exergen
• FEVERSMART
• iProven
• Kinsa
• Koninklijke Philips
• OMRON
• Paul Hartmann
Q6. Which smart baby thermometer market segment will be the largest in future?
Answer: Lucintel forecasts that infrared thermometer will remain the larger segment over the forecast period.
Q7. In smart baby thermometer market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart baby thermometer market by product type (ear thermometer and infrared thermometer), distribution channel (hospital pharmacies, retail pharmacies, online pharmacies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smart Baby Thermometer Market, Smart Baby Thermometer Market Size, Smart Baby Thermometer Market Growth, Smart Baby Thermometer Market Analysis, Smart Baby Thermometer Market Report, Smart Baby Thermometer Market Share, Smart Baby Thermometer Market Trends, Smart Baby Thermometer Market Forecast, Smart Baby Thermometer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.