Press release
Baby Pacifier Thermometer Market Grows at a Rate of 4.3% CAGR During the Forecast Period 2022-2032 - Discover Key Insights with FMI
The baby pacifier thermometer market size is anticipated to record a CAGR of 4.3% during the forecast period. It is expected that the market value is likely to go up from US$ 390 Mn in 2021 to reach a valuation of US$ 646 Mn by 2032.Because infants cannot hold oral thermometers under their mouths, they are worthless for measuring a baby's body temperature. The Baby Pacifier Thermometer can be used to measure a baby's body temperature because it's very simple for a baby to hold it in their mouth.
A baby pacifier thermometer measures a baby's body temperature over the course of 3 to 5 minutes and displays a digital temperature read-out on the front. The Baby Pacific thermometer's addition of features including memory functions, fever alert light, and a soft orthodontic is boosting sales volume and luring clients from all over the world.
Additionally, the Baby Pacifier Thermometer market is expanding significantly in terms of value because to the growing use of baby purifier thermometers in hospitals, health care facilities, and other locations.
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Drivers for Baby Pacifier Thermometer Market
Increasing internet penetration in the developing countries is one of the key factor responsible for increasing awareness towards Baby Pacifier Thermometer among end-users. Moreover, e-commerce companies are increasing sales of Baby Pacifier Thermometer through penetrating in the countries around the world. Increasing disposable income in Latin America and Asia Pacific region, and increasing urbanization are some of the factors positively influencing the growth of Baby Pacifier Thermometer market.
On other growth of health care industry and increasing number of hospitals and healthcare centers across the globes is supporting growth of the baby pacifier thermometer market which in turn is witnessing growth of the Baby Pacifier Thermometer market in terms of value.
Trends for Baby Pacifier Thermometer Market
Manufacturers are principally involved in manufacturing baby pacifier thermometer which are very safe for baby's skin and also comfortable for babies to hold in mouth. Moreover, most of the manufacturers are principally engaged in selling Baby Pacifier Thermometer through third party e-commerce Company to increase availability of Baby Pacifier Thermometer globally.
Opportunities for Baby Pacifier Thermometer Market
Addition of advanced features in the Baby Pacifier Thermometer and affordability in the price in near future is expected to be due to growth of electronics industry globally.
Challenges for Baby Pacifier Thermometer Market
Baby Pacifier Thermometer are not very accurate and take a comparatively long time, about three to five minutes-to measure baby's temperature. Thus, some customer are interested in purchasing ear thermometer, no-contact forehead infrared thermometer and other products. This factor is expected to challenge growth of the baby pacifier thermometer market.
Global Baby Pacifier Thermometer Market: Key Players
Some of the key players operating in the global Baby Pacifier Thermometer market are Summer Infant, Dorel Juvenile Group, Beurer GmbH, Lanaform, Microlife, Terraillon, BRiGGS, Kuteks, Little Doctor, Rumble Tuff, B.Well, Vega, Valeo, Babyvelle and Hunkar among others. These players are expected to positively influence growth of the Baby Pacifier Thermometer market during the forecast period.
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Baby Pacifier Thermometer Market: Regional Outlook
Ease in availability of the baby pacifier thermometer and presence of large number of players in North America and Europe region is key factor responsible for a significant share of these regions in the global baby pacifier thermometer market. Rapid growth of electronics industry in Asia Pacific region is expected to fuel the growth of baby pacifier thermometer market during the forecast period.
Players of Baby Pacifier Thermometer market through e-commerce platform are significantly penetrating the Latin America region. Middle East and Africa is expected to witness slow growth of Baby Pacifier Thermometer market due comparatively less awareness towards the products due to slow internet penetration rate in the region.
The report on Baby Pacifier Thermometer market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report on Baby Pacifier Thermometer market provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Baby Pacifier Thermometer Market report covers exhaustive analysis on:
Global Market Segments
Global Market Dynamics
Historical Actual Market Size, 2014-2018
Global Market Size & Forecast, 2019 to 2029
Supply & Demand Value Chain for the Market
Global Market Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Market Solutions Technology
Value Chain of the Market
Global Market Drivers and Restraints
Key Segments
By End-use:
Household
Healthcare Centres
Clinic
Hospitals & Nursing homes
Others
By Distribution Channel:
OEM
Distributors
Retailers
E-Commerce
By Battery Requirement:
Inbuilt Battery
External Battery
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