Press release
Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Analysis, Size And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $16.97 billion In 2028 At A CAGR Of 12.5% :
The weight monitoring and body temperature monitoring devices and equipment market size has grown rapidly in recent years. It will grow from $9.32 billion in 2023 to $10.57 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to maternal and neonatal health awareness, healthcare access, high-risk pregnancies, telemedicine and remote monitoring.
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.
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Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Major 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 Driver - 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.
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Prominent Trend - 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.
Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Players
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
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the global weight monitoring and body temperature monitoring devices and equipment market in 2023. North America was the second-largest region in the weight monitoring and body temperature monitoring devices and equipment market share. The regions covered in the weight monitoring and body temperature monitoring devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Report Structure
3. Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Trends And Strategies
4. Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market - Macro Economic Scenario
5. Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Size And Growth
…..
27. Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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