Smart Thermometers Market
Smart Thermometers Market Forecasts to 2030 - Global Analysis By Type (Baby Thermometer, Human Health, Kitchen & Household, Ear Thermometer, Basel Thermometer, Oral Thermometer and Meat Thermometer ), Product (Mercury-Free Thermometers and Mercury-Based Thermometers), Connectivity, Distribution Channel, End User and By Geography
|
Years Covered |
2021-2030 |
|
CAGR (2023 - 2030) |
8.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Smart Thermometers Market is growing at a CAGR of 8.2% during the forecast period. Smart thermometers are digital temperature sensors with advanced technologies and connectivity features that allow them to send temperature data to other devices, typically through wireless communication. Smart thermometers often provide more accurate and precise temperature readings.
According to the CDC, around 2,000 cases of malaria are diagnosed in the U.S every year.
Market Dynamics:
Driver:
Ease of use
Smart thermometers devices are designed with user-friendly interfaces and intuitive controls, making them accessible to a wide range of consumers. Smart thermometers often feature clear and straightforward displays, reducing the learning curve for users. Furthermore, the incorporation of mobile applications featuring user-friendly interfaces enhances the overall user experience. Users can monitor temperatures and receive alerts with ease due to these devices' ease of pairing with smartphones and other smart devices, which improves accessibility.
Restraint:
High cost
The added technology, wireless connectivity capabilities, and integration with smartphone applications contribute to the increased manufacturing and production costs. This cost barrier may limit accessibility for certain consumer segments or healthcare providers, impacting the broader adoption of these advanced devices. In addition, recurring costs for upkeep, upgrades, and possible replacements add to the overall cost of ownership. Therefore, the high cost of smart thermometers poses a significant challenge in the smart thermometer market.
Opportunity:
Technological advancements
Continuous innovation in sensor technology, connectivity, and data analytics has propelled smart thermometers beyond traditional temperature measurement capabilities. Advanced sensors contribute to improved accuracy and faster response times, enhancing the reliability of temperature readings. Additionally, new features like predictive analytics, personalized health insights, and real-time data logging are developed as a result of technological advancements. Therefore, these elements are accelerating the market demand.
Threat:
Compatibility problems
Smart thermometers often rely on specific connectivity protocols or dedicated mobile applications, leading to compatibility issues with other devices and platforms. This limitation could prevent smart thermometers from being widely used, especially when consumers want a centralized, networked method of tracking their health in smart homes or medical settings. Additionally, healthcare providers, too, may face challenges when incorporating smart thermometers into comprehensive health monitoring systems due to their limited compatibility with existing electronic health record platforms. The demand for smart thermometers is threatened by these compatibility problems.
Covid-19 Impact
The COVID-19 pandemic had a significant impact on the smart thermometer market. The increased focus on health monitoring and the need for accurate temperature measurement during the pandemic have driven the demand for smart thermometers. Smart thermometers offer features that align with the requirements of COVID-19 screening and monitoring. These devices often provide precise temperature readings, some even with infrared technology, allowing for non-contact measurements. This feature reduced the risk of cross-contamination and helped maintain social distancing protocols during the pandemic.
The baby thermometer segment is expected to be the largest during the forecast period
The baby thermometer segment is estimated to hold the largest share. Baby thermometers are designed specifically for accurate and convenient temperature monitoring in infants and young children. Baby smart thermometers often utilize non-contact infrared technology, allowing for quick and hygienic temperature readings without disturbing the child. Moreover, these smart thermometers may include additional functionalities such as tracking historical temperature data, providing insights into fever patterns, and integrating with health apps.
The Bluetooth segment is expected to have the highest CAGR during the forecast period
The Bluetooth segment is anticipated to have lucrative growth during the forecast period. Bluetooth-enabled smart thermometers enable users to wirelessly link the thermometer to smartphones or other smart devices. This connectivity offers a range of benefits, enhancing user convenience and expanding the functionality of these devices. Smart thermometers with Bluetooth capability can send temperature data in real time to specific mobile applications. Moreover, Bluetooth connectivity enhances the integration of smart thermometers into broader smart home ecosystems.
Region with largest share:
North America commanded the largest market share during the extrapolated period. The region's proactive approach to healthcare and well-being has driven the adoption of smart thermometers, which offer advanced features and connectivity options. Consumers in this region prioritize innovative health monitoring solutions, contributing to the growth of smart thermometer applications in both households and healthcare facilities. Moreover, the dynamic technological landscape of the region and the existence of prominent tech companies facilitate the ongoing advancement of smart thermometer capabilities.
Region with highest CAGR:
Asia Pacific is expected to witness profitable growth over the projection period. The adoption of smart health monitoring devices is fuelled by the region's large and diverse population as well as a growing consciousness of wellness and health. As consumers in Asia-Pacific seek innovative solutions for healthcare, smart thermometers offer a convenient and efficient way to monitor and manage individual health. Moreover, the rapid expansion of the healthcare sector, technological infrastructure development, and a surge in smartphone usage contribute to the widespread acceptance of smart thermometers in the region.
Key players in the market
Some of the key players in the Smart Thermometers Market include Smarttemp, Testo, ThermoWorks And Infanttech, Williams Sonoma, Zeraph, Nokia, Swaive, Temp Traq, Exergen Corporation, Testo SE And Co. KGaA, SensorPush, Binatone Electronics International Ltd., Tenergy Corporation, Kinsa , Microlife Corporation, Terumo Corporation, Koninklijke Philips N.V and Briggs Healthcare.
Key Developments:
In March 2023, Analytics platform Kinsa is partnering with Highmark health to predict healthcare utilization and staffing needs, and to forecast infectious disease outbreaks.
In Feb 2023, Nokia and Dell have formed an agreement to integrate, interoperability test and validate a solution combining Nokia 5G Cloud RAN software and Nokia Cloud RAN SmartNIC (Network Interface Card) in-line Layer 1 (L1) accelerator hardware with Dell open infrastructure, including Dell Power Edge servers.
Types Covered:
• Baby Thermometer
• Human Health
• Kitchen & Household
• Ear Thermometer
• Basel Thermometer
• Oral Thermometer
• Meat Thermometer
Products Covered:
• Mercury-Free Thermometers
• Mercury-Based Thermometers
Connectivities Covered:
• Wireless
• Bluetooth
Distribution Channel Covered:
• Online
• Offline
End Users Covered:
• Food Industry
• Medical
• Laboratory
• Industrial
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Thermometers Market, By Type
5.1 Introduction
5.2 Baby Thermometer
5.3 Human Health
5.4 Kitchen & Household
5.5 Ear Thermometer
5.6 Basel Thermometer
5.7 Oral Thermometer
5.8 Meat Thermometer
6 Global Smart Thermometers Market, By Product
6.1 Introduction
6.2 Mercury-Free Thermometers
6.3 Mercury-Based Thermometers
7 Global Smart Thermometers Market, By Connectivity
7.1 Introduction
7.2 Wireless
7.3 Bluetooth
8 Global Smart Thermometers Market, By Distribution Channel
8.1 Introduction
8.2 Online
8.2.1 E-commerce Websites
8.2.2 Company-owned Websites
8.3 Offline
8.3.1 Specialty Stores
8.3.2 Medical Stores
9 Global Smart Thermometers Market, By End User
9.1 Introduction
9.2 Food Industry
9.3 Medical
9.4 Laboratory
9.5 Industrial
9.6 Other End Users
10 Global Smart Thermometers Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Smarttemp
12.2 Testo
12.3 ThermoWorks And Infanttech
12.4 Williams Sonoma
12.5 Zeraph
12.6 Nokia
12.7 Swaive
12.8 Temp Traq
12.9 Exergen Corporation
12.10 Testo SE And Co. KGaA
12.11 SensorPush
12.12 Binatone Electronics International Ltd.
12.13 Tenergy Corporation
12.14 Kinsa
12.15 Microlife Corporation
12.16 Terumo Corporation
12.17 Koninklijke Philips N.V
12.18 Briggs Healthcare
List of Tables
1 Global Smart Thermometers Market Outlook, By Region (2021-2030) ($MN)
2 Global Smart Thermometers Market Outlook, By Type (2021-2030) ($MN)
3 Global Smart Thermometers Market Outlook, By Baby Thermometer (2021-2030) ($MN)
4 Global Smart Thermometers Market Outlook, By Human Health (2021-2030) ($MN)
5 Global Smart Thermometers Market Outlook, By Kitchen & Household (2021-2030) ($MN)
6 Global Smart Thermometers Market Outlook, By Ear Thermometer (2021-2030) ($MN)
7 Global Smart Thermometers Market Outlook, By Basel Thermometer (2021-2030) ($MN)
8 Global Smart Thermometers Market Outlook, By Oral Thermometer (2021-2030) ($MN)
9 Global Smart Thermometers Market Outlook, By Meat Thermometer (2021-2030) ($MN)
10 Global Smart Thermometers Market Outlook, By Product (2021-2030) ($MN)
11 Global Smart Thermometers Market Outlook, By Mercury-Free Thermometers (2021-2030) ($MN)
12 Global Smart Thermometers Market Outlook, By Mercury-Based Thermometers (2021-2030) ($MN)
13 Global Smart Thermometers Market Outlook, By Connectivity (2021-2030) ($MN)
14 Global Smart Thermometers Market Outlook, By Wireless (2021-2030) ($MN)
15 Global Smart Thermometers Market Outlook, By Bluetooth (2021-2030) ($MN)
16 Global Smart Thermometers Market Outlook, By Distribution Channel (2021-2030) ($MN)
17 Global Smart Thermometers Market Outlook, By Online (2021-2030) ($MN)
18 Global Smart Thermometers Market Outlook, By E-commerce Websites (2021-2030) ($MN)
19 Global Smart Thermometers Market Outlook, By Company-owned Websites (2021-2030) ($MN)
20 Global Smart Thermometers Market Outlook, By Offline (2021-2030) ($MN)
21 Global Smart Thermometers Market Outlook, By Specialty Stores (2021-2030) ($MN)
22 Global Smart Thermometers Market Outlook, By Medical Stores (2021-2030) ($MN)
23 Global Smart Thermometers Market Outlook, By End User (2021-2030) ($MN)
24 Global Smart Thermometers Market Outlook, By Food Industry (2021-2030) ($MN)
25 Global Smart Thermometers Market Outlook, By Medical (2021-2030) ($MN)
26 Global Smart Thermometers Market Outlook, By Laboratory (2021-2030) ($MN)
27 Global Smart Thermometers Market Outlook, By Industrial (2021-2030) ($MN)
28 Global Smart Thermometers Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
