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Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Forecast 2033
Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market
The weight monitoring and body temperature monitoring devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $16.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to emerging markets growth, personalized medicine, increased premature birth rates, value-based healthcare. Major trends in the forecast period include non-invasive monitoring, wearable and home monitoring devices, artificial intelligence (ai) and machine learning, data security and privacy.
Market Overview -
Weight monitoring and body temperature monitoring devices and equipment are the devices used or employed in establishing the size, quantity, extent, area, or measurement of quantities, things, produce, or articles for distribution or consumption that are sold or exposed for sale or hire at any basic charge, and a temperature monitoring system control and regulates the temperature of a particular environment.
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Obesity Prevalence Driving Growth In The Weight Monitoring And Body Temperature Monitoring Devices Market
The rising prevalence of obesity is one of the major drivers of the weight monitoring and body temperature monitoring devices and equipment market. According to the World Health Organization (WHO), 1.9 billion adults around the globe were diagnosed, as overweight, and over 340 million children of 5 to 19 years across the globe were overweight. To curb the increase of obesity, weight monitoring devices can play a vital role by reminding the user to follow a certain diet or monitor the exercising habits of the individual. Thereby driving the demand for weight monitoring devices, thus driving the weight monitoring and body temperature monitoring devices and equipment market growth.
Competitive Landscape -
Major companies operating in the weight monitoring and body temperature monitoring devices and equipment market include Philips Healthcare, Medtronic plc, GE HealthCare Technologies Inc., Abbott Laboratories, 3M, Nihon Kohden, Omron Healthcare, Siemens Healthcare, Honeywell International Inc., Infinium Medical Inc., Roche Diagnostics Limited, Procter & Gamble, American Diagnostic Corporation, Masimo Corporation, Terumo Medical Corporation, Microlife Corporation, Becton Dickinson and Co, C R Bard Inc., Cyberonics Inc., Reflectance Medical Inc., Johnson and Johnson, LifeSource, Biome, Drägerwerk AG & Co. KGaA, Briggs Healthcare, Cosinuss GmbH, Vital Connect inc., EarlySense, VivaLNK, Blue Spark Technologies
Growing Trend Of Wearables In The Weight Monitoring And Body Temperature Monitoring Devices Market
The use of wearables is a trend that is prevalent in the weight monitoring and body temperature monitoring devices and equipment market. Many companies such as Apple, Google, and Samsung are investing in the research and development of wearables. The wearables have high-end sensors attached to them, which measures and monitors body temperature and weight. Various new products are launched in the wearable category. For example, Blue Spark's, Temp Traq is a wearable temperature monitor. Also, Fitbit wearable tracks and monitor weight.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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