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Smart Baby Thermometer Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Lucintel
  • ID: 6003830
The global smart baby thermometer market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are the rising focus on infant health and well-being, growing parents demand for IoT-based infant body temperature monitoring, and expanding preference for micro-thin thermal sensor.

The future of the global smart baby thermometer market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.

Smart Baby Thermometer by Segment

The study includes a forecast for the global smart baby thermometer by product type, distribution channel, and region.

Smart Baby Thermometer Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Ear Thermometer
  • Infrared Thermometer

Smart Baby Thermometer Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others

Smart Baby Thermometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Smart Baby Thermometer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart baby thermometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart baby thermometer companies profiled in this report include:
  • B. Braun Melsungen
  • Briggs
  • EASYTEM
  • Exergen
  • FEVERSMART
  • iProven
  • Kinsa
  • Koninklijke Philips
  • OMRON
  • Paul Hartmann

Smart Baby Thermometer Market Insights

  • Infrared thermometer will remain larger segment over the forecast period.
  • Within this market, retail pharmacy will remain the largest segment over the forecast period.
  • North America will remain the largest region over the forecast period.

Features of the Global Smart Baby Thermometer Market

  • Market Size Estimates: Smart baby thermometer market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Smart baby thermometer market size by product type, distribution channel, and region in terms of value ($B).
  • Regional Analysis: Smart baby thermometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, and regions for the smart baby thermometer market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart baby thermometer market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the smart baby thermometer market by product type (ear thermometer and infrared thermometer), distribution channel (hospital pharmacies, retail pharmacies, online pharmacies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Smart Baby Thermometer Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smart Baby Thermometer Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smart Baby Thermometer Market by Product Type
3.3.1: Ear Thermometer
3.3.2: Infrared Thermometer
3.4: Global Smart Baby Thermometer Market by Distribution Channel
3.4.1: Hospital Pharmacies
3.4.2: Retail Pharmacies
3.4.3: Online Pharmacies
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Smart Baby Thermometer Market by Region
4.2: North American Smart Baby Thermometer Market
4.2.1: North American Smart Baby Thermometer Market by Product Type: Ear Thermometer and Infrared Thermometer
4.2.2: North American Smart Baby Thermometer Market by Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others
4.3: European Smart Baby Thermometer Market
4.3.1: European Smart Baby Thermometer Market by Product Type: Ear Thermometer and Infrared Thermometer
4.3.2: European Smart Baby Thermometer Market by Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others
4.4: APAC Smart Baby Thermometer Market
4.4.1: APAC Smart Baby Thermometer Market by Product Type: Ear Thermometer and Infrared Thermometer
4.4.2: APAC Smart Baby Thermometer Market by Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others
4.5: RoW Smart Baby Thermometer Market
4.5.1: RoW Smart Baby Thermometer Market by Product Type: Ear Thermometer and Infrared Thermometer
4.5.2: RoW Smart Baby Thermometer Market by Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Smart Baby Thermometer Market by Product Type
6.1.2: Growth Opportunities for the Global Smart Baby Thermometer Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Smart Baby Thermometer Market by Region
6.2: Emerging Trends in the Global Smart Baby Thermometer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smart Baby Thermometer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smart Baby Thermometer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: B. Braun Melsungen
7.2: Briggs
7.3: EASYTEM
7.4: Exergen
7.5: FEVERSMART
7.6: iProven
7.7: Kinsa
7.8: Koninklijke Philips
7.9: OMRON
7.10: Paul Hartmann

Companies Mentioned

  • B. Braun Melsungen
  • Briggs
  • EASYTEM
  • Exergen
  • FEVERSMART
  • iProven
  • Kinsa

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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