Weight Monitoring and Body Temperature Monitoring Devices Market on the Rise, Projected to Reach $16.97 Billion by 2028

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The Weight Monitoring and Body Temperature Monitoring Devices and Equipment market have experienced rapid growth, expanding from $9.32 billion in 2023 to an estimated $10.57 billion in 2024, with a notable Compound Annual Growth Rate (CAGR) of 13.5%. Future projections suggest sustained rapid growth, with the market anticipated to reach $16.97 billion by 2028, maintaining a robust CAGR of 12.5%.

Obesity Prevalence Fueling Market Growth:

Rising Obesity Rates:
The increasing prevalence of obesity stands out as a significant driver for the Weight Monitoring and Body Temperature Monitoring Devices market. According to the World Health Organization (WHO), a staggering 1.9 billion adults worldwide were diagnosed as overweight, along with over 340 million children aged 5 to 19. To address this surge in obesity, weight monitoring devices play a crucial role in reminding users to adhere to specific diets or monitor their exercise habits. This demand for weight monitoring devices is contributing to the growth of the Weight Monitoring and Body Temperature Monitoring Devices and Equipment market.

Home Healthcare Demand Driving Market Expansion:

Rising Demand for Home Healthcare:
The surge in demand for home healthcare services is expected to propel the growth of the Weight Monitoring and Body Temperature Monitoring Devices and Equipment market. Home healthcare, a crucial aspect of post-illness, injury, or surgical care, involves the use of monitoring devices to help individuals track and manage their health conditions. Recent data from the Rockefeller Institute of Government indicates a projected 25% increase in US home health and personal care aide positions, reaching 924,000 between 2021 and 2031. This rising demand for home healthcare services is a key driver for the Weight Monitoring and Body Temperature Monitoring Devices and Equipment market.

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Key Market Players:
Major players in the Weight Monitoring and Body Temperature Monitoring Devices and Equipment market landscape include Philips Healthcare, Medtronic PLC, GE Healthcare Technologies Inc., Abbott Laboratories.

Growing Trend of Wearables:

Wearables in Demand:
The adoption of wearables is a prominent trend in the Weight Monitoring and Body Temperature Monitoring Devices and Equipment market. Companies like Apple, Google, and Samsung are investing in the research and development of wearables equipped with high-end sensors to measure and monitor body temperature and weight. Notable examples include Blue Spark's Temp Traq, a wearable temperature monitor, and Fitbit wearables that track and monitor weight.

Innovative Temperature Monitoring Solutions:

Advancements in Temperature Monitoring:
Major companies in the weight monitoring and body temperature monitoring devices and equipment market are actively developing innovative technologies, such as temperature monitoring solutions, to offer reliable services. A temperature monitoring solution is a system that measures and records individuals' body temperature over time, contributing to health monitoring. Konica Minolta Inc., for instance, launched the FORXAI Temperature Monitoring App (TMA) in December 2021, providing a unique system for organizing and storing temperature data captured by an edge thermal camera. TMA allows users to establish thresholds based on actual data, defining normal temperature using target object temperature history data.

Regional Dominance and Market Segmentation:
In 2023, Asia-Pacific emerged as the largest region in the global Weight Monitoring and Body Temperature Monitoring Devices and Equipment market, with North America securing the second-largest position.

The weight monitoring and body temperature monitoring devices and equipment market covered in this report is segmented -
1) By Type: Weight Monitoring Devices, Temperature Monitoring Devices
2) By Temperature Monitoring Devices: Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors &Smart Temperature Patches
3) By End User: Hospitals & Clinics, Home Settings, Ambulatory Surgical Centers

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Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on weight monitoring and body temperature monitoring devices and equipment market size, weight monitoring and body temperature monitoring devices and equipment market drivers and trends, weight monitoring and body temperature monitoring devices and equipment market major players, weight monitoring and body temperature monitoring devices and equipment market competitors' revenues, weight monitoring and body temperature monitoring devices and equipment market positioning, and weight monitoring and body temperature monitoring devices and equipment market growth across geographies. The weight monitoring and body temperature monitoring devices and equipment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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