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Key Trends Reshaping the Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market: Growing Trend Of Wearables In The Weight Monitoring And Body Temperature Monitoring Devices Market Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Size Growth Forecast: What to Expect by 2025?
The market for weight monitoring and body temperature monitoring devices has seen a surge in growth in the past few years. The market is expected to increase from $5.85 billion in 2024 to $6.23 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. Factors contributing to this growth during the historical period include increased awareness of maternal and neonatal health, improved healthcare access, prevalence of high-risk pregnancies, and advancements in telemedicine and remote monitoring.
How Will the Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Size Evolve and Grow by 2029?
The market for weight monitoring and body temperature monitoring devices and equipment is forecasted to experience robust growth in the forthcoming years. The market is anticipated to expand to a size of $8.32 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.5%. Factors contributing to the growth during the projected period include the development of emerging markets, advancements in personalized medicine, escalating rates of premature birth, and the shift towards value-based healthcare. Noteworthy market trends during this period encompass non-invasive monitoring, the rise of wearable and home monitoring devices, incorporation of artificial intelligence (AI) and machine learning, as well as an emphasis on data security and privacy.
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What Drivers Are Propelling the Growth of Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Forward?
One of the primary driving forces behind the growth of the weight monitoring and body temperature monitoring devices and equipment market is the rising incidence of obesity. Based on data from the World Health Organization (WHO), as many as 1.9 billion adults worldwide were diagnosed as overweight, and over 340 million children aged between 5 and 19 years from across the world were overweight. The surge in obesity can be effectively managed with the help of weight monitoring devices, which act as reminders for users to adhere to certain diets or to keep track of their exercise habits. Consequently, the demand for weight monitoring devices is increasing, further propelling the growth of the weight monitoring and body temperature monitoring devices and equipment market.
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What Are the Key Trends Driving Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Growth?
The emergence of wearable technology is a growing trend in the market for weight monitoring and body temperature monitoring devices and equipment. Numerous prominent companies like Apple, Google, and Samsung are putting resources into wearables' research and development. These wearable devices are equipped with advanced sensors that track and monitor body temperature and weight. Several new products are being introduced in the wearable industry. For instance, the Temp Traq by Blue Spark is a wearable temperature monitoring device, and Fitbit wearable offers weight tracking and monitoring features.
What Are the Key Segments in the Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market?
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 And Smart Temperature Patches
3) By End User: Hospitals And Clinics, Home Settings, Ambulatory Surgical Centers
Subsegments:
1) By Weight Monitoring Devices: Digital Weighing Scales, Analog Weighing Scales, Smart Scales (With Health Tracking Features), Infant Weighing Scales, Bariatric Scales (For Obese Patients)
2) By Temperature Monitoring Devices: Digital Thermometers, Infrared Thermometers (Contactless), Smart Wearable Temperature Monitors, Mercury-In-Glass Thermometers, Tympanic (Ear) Thermometers
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Who Are the Key Players Shaping the Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market's 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 dic*kinson 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
What Geographic Markets Are Powering Growth in the Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market?
Asia-Pacific was the largest region in the global weight monitoring and body temperature monitoring devices and equipment market in 2024. 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.
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