Baby Thermometers Market Size, Share Report, Analysis, Trends, Growth, 2030

Baby Thermometers Industry Prospective:

The global baby thermometers market size was evaluated at $10 billion in 2022 and is slated to hit $18 billion by the end of 2030 with a CAGR of nearly 9.5% between 2023 and 2030.

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Baby Thermometers Market: Overview

Baby thermometer is designed to accurately check the temperature of baby's body. A baby thermometer is a common instrument that parents keep in their first aid kit. These products are portable and easy to use for babies along with offering real-time outcomes and apt reading. Furthermore, baby thermometers are available in various kinds including ear canal, infrared, rectal, armpit oral, and pacifier thermometers. Rectal has the most perfect reading but is not comfortable for babies. Contrarily, ear canal thermometers as well as infrared thermometers are most accurate in determining temperature and can also be connected to mobiles as well as smartphones for perfectly analyzing the temperature.

 Key Insights

• As per the analysis shared by our research analyst, the global baby thermometers market is projected to expand annually at the annual growth rate of around 9.5% over the forecast timespan (2023-2030)
• In terms of revenue, the global baby thermometers market size was evaluated at nearly $10 billion in 2022 and is expected to reach $18 billion by 2030.
• The global baby thermometers market is anticipated to grow rapidly over the forecast timeline owing to a surge in contagious ailments has led to humungous demand for baby thermometers.
• In terms of type, the infrared segment is slated to register the highest CAGR over the analysis period.
• Based on the application, the household segment is set to dominate the application landscape over the forecast period.
• Region-wise, the Asia-Pacific baby thermometers industry is projected to register the fastest CAGR during the assessment timeline.

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Baby Thermometers Market: Growth Factors

Increase in infectious diseases to prompt the global market expansion over 2023-2030

Surge in contagious ailments has led to humungous demand for baby thermometers, thereby driving the global baby thermometers market expansion. Increase in the demand for smart baby thermometers in clinics as well as hospitals for real-time tracking of baby health will steer the growth of the global market. Growing concerns about the health of babies will translate into huge growth in the market across the globe. Launching of new products by key players will drive the expansion of the market across the globe. For instance, in the second half of 2021, Hicks, a key medical equipment manufacturer based in India, introduced Hicks DT-12 digital thermometer. The move is likely to embellish the growth graph of the market in the ensuing years. In January 2021, Fitgo, a key firm in manufacturing healthcare products, launched infrared thermometers embedded with the latest technology for obtaining apt temperature results for adults, old, and infant population. Such initiatives will contribute notably towards the global market proceeds.

Baby Thermometers Market: Restraints

Surge in the raw component prices to inhibit the global industry expansion by 2030

The rise in raw material costs and the use of alternate thermometers has constrained the expansion of the baby thermometer industry across the globe. Rise in the use of counterfeit products has further restricted the industry expansion in recent years.  

Baby Thermometers Market: Opportunities

New product launches will favorably leverage the global market surge over the forecast timeframe

Product innovations and the launching of smart thermometers transmitting data by using Wi-Fi and Bluetooth will open new growth opportunities for the global baby thermometers market. Industry 4.0 revolution will further drive the growth of the market across the globe.

Baby Thermometers Market: Challenges

Stringent government legislation can pose a huge challenge to the global industry expansion

Strict government laws governing the use of medical devices in developed countries can prove to be a huge challenge for the global baby thermometers industry over the forecasting timeline. Supply chain disruptions can prove to be a huge threat to the expansion of the industry in the coming years.

Baby Thermometers Market: Segmentation

The global baby thermometers market is sectored into type, application, distribution channel, and region.        

In type terms, the global baby thermometers market is segregated into rectal, oral, infrared, ear canal, pacifier, and armpit segments. Furthermore, the infrared segment, which accumulated nearly 49% of the global market revenue share in 2022, is predicted to record the fastest CAGR in the upcoming years. The growth of the segment in the forecasting years can be owing to a rise in the demand for infrared thermometers to measure the temperature of baby's body accurately by parent population across the globe.

Based on the application, the global baby thermometer industry is divided into households, hospitals, and others segments. Furthermore, the household segment, which garnered approximately two-fifths of the global industry revenue share in 2022, is slated to lead the application space in the forthcoming years. The growth of the segment in the forecasting timeline can be credited to a rise in product penetration in households  

Based on the distribution channel, the global baby thermometers market is sectored into retail store, online store, supermarket, and pharma store segments.

Baby Thermometers Market: Report Scope

Baby Thermometers Market: Regional Insights

North America is projected to maintain its global market leadership position over the projected timespan

North America, which accounted for 55% of the global baby thermometers market proceeds in 2022, will be a leading region over the projected timeframe. Moreover, the regional market growth can be credited to the rise in the product demand in various households in countries such as the U.S. and Canada. Rise in the disposable income and the presence of new players in the sub-continent will drive the regional market trends. Increase in product innovations will contribute majorly towards the regional market size over 2023-2030.

Asia-Pacific baby thermometers industry is set to register the highest CAGR in the next couple of years as a result of the availability of enhanced healthcare facilities in countries such as India, Japan, and China. In addition to this, a rise in the research activities in the region will contribute lucratively towards the industry proceeds in the region. Moreover, the increase in the number of local product manufacturers in emerging economies has reduced the rate of the product, thereby contributing lucratively towards the regional industry size in the region.

Baby Thermometers Market: Competitive Space

The global baby thermometers market profiles key players such as:

• Procter & Gamble
• Kinsa Inc.
• B.Well Swiss AG
• Microlife Corp.
• Exergen Corp.
• Geratherm Medical AG
• VAVA.

The global baby thermometers market is segmented as follows:

By Type

• Rectal
• Oral
• Infrared
• Ear Canal
• Pacifier
• Armpit

By Application

• Household
• Hospitals
• Others

By Distribution Channel

• Retail Store
• Online Store
• Supermarket
•  Pharma Store

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa