Wearable Thermometers Market size was valued at US$ 2.73 Bn. in 2022 and the total revenue is expected to grow at CAGR 9.2% through 2023 to 2029, reaching nearly US$ 5.07 Bn.Wearable Thermometers Market Overview:
Global Wearable Thermometers can continuously monitor various health aspects such as Heart rate, Body temperature, and pulse rate. Enhanced awareness regarding health and fitness in people of all age groups. New advanced smarter, smaller, and low-cost temperature devices are rising the adoption of artificial intelligence along with the Internet of Things is further enhancing the growth of the market. The wearable Thermometers market is expected to grow faster during the forecast period. Healthcare professionals, fitness trainers, and health experts are driving the growth of the market. It’s also estimated to expand further because of technology development and production.To know about the Research Methodology :- Request Free Sample Report
Wearable Thermometers Market Dynamics:
The rising demand of the customer to take control of their health is highly influencing the use of the Wearable Thermometer Market. The development of wearable devices such as Ear Wear Device, Wrist bands, Smart Watches others are highly driving the Wearable Thermometers Markets. The recent Wrist Wearable Devices are equipped with advanced features that monitor health-related problems and make the diagnostic process more convenient for medical practitioners. These are the major driving factors for the Wearable Thermometer Market. Other factors such as adopting personalized and preventive care methods across the different regions, increasing number of connected devices, growing IOT industry, and growing population of technology users are also contributing to the growth of the Wearable Thermometer Market. Some notable development has been in the form of the Miniaturization of sensor using microelectronics the advent of sensor based on MEMS, Nanoelectromechanical systems (NEMS), and CMOS technologies, etc. Well-established market players such as STMicroelectronics, NXP Semiconductors, and Broadcom, Fitbit, Apple, and Garmin are consistently offering new innovative wearable thermometer products with maximum functionalities and compact size. WECARE, the developer of the world’s smallest continuous temperature monitoring product temp. Pal. announced it’s raised $2.4 million in extended pre-series financially. Growing the presence of conventional and alternative thermometer technologies and the high cost of these devices are restraining the growth of the Wearable Thermometer Market. Low awareness levels and weak adoption rates in developing countries and rural areas are hindering the growth of these markets. The increasing need for safety, security, and privacy of the customer’s information is the major challenging factor for the growth of the Wearable Thermometer Market. Wearable devices are equipped with lithium batteries and are attached close to the body which can lead to the potential risk to the customer and that is causing a threat to the use of Wearable Thermometer devices.Wearable Thermometers Market Segment Analysis:
The Wearable Thermometers Market is segmented By Product Type, and Application. Based on the Product Type, The market is segmented into In-Ear, Wristband/Watches, Medical Skin Patches, Smart Clothing, Others. The wristband/Watches segment highly dominates the market with the highest market share of 43% in the year 2022. It’s also expected to grow further with increasing at a CAGR of 9.5% during the forecast period. The rising demand for Wristband/Watches for healthcare professionals and health-conscious individuals are driving the growth of the market. These Smart watches are easy to use and monitor the Heart Rate, Pulse Rate, Body temperature, and Calories. It’s highly demanded in urban areas. Ear Thermometer device held the second largest market share in the year 2022. It’s mostly used by individuals and sports trainer. Based on the Application, The market is segmented into Clinical, Fitness & Wellness. Fitness & Wellness segment is estimated to grow at a CAGR of 10.15% during the forecast period. As the lifestyle of consumers is changing which has required the need of products that could easily provide health information. The smart watch and Ear wear device are widely getting traction and enhancing the growth of the fitness and wellness segment. Clinical Adoption of newly invented Digital Thermometer for patients used is contributing to the growth of market.Wearable Thermometers Market Regional Insights:
North America dominated the market with the largest market share of 38% in 2022 and is expected to grow further during the forecast period. The advancement of smart gadgets and the growing need for newly invented technological wearable devices are leading the market in this region. Continuous development in design and technology with the low-cost wireless thermometer device also driving the growth of the market. In the US it’s estimated that percentage of user among the adult has crossed 10% in 2022. It's predicted that 31.5 Mn. between the age group 18 to 55 is expected to use smart watch during the forecast period. An increasing number of technological innovations, leading players emerging new products, and the development of attractive designs in healthcare can be attributed to the growth in the US and Canada. This region is the largest contributor to the wearable thermometer market and is expected to continue dominating the growth of the market by the end of 2029. Europe is the fastest-growing market. The development of new innovative technologies and increasing consciousness of health service in this region is the main reason for the strong growth of the market. In the UK obese population and the growing preference for geriatric patients have influenced market demand. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Wearable Thermometers Market, structure by analyzing the market segments and project the Wearable Thermometers Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Wearable Thermometers Market make the report investor’s guide.Wearable Thermometers Market Scope: Inquire before buying
Global Wearable Thermometers Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.73 Bn. Forecast Period 2023 to 2029 CAGR: 9.2% Market Size in 2029: US $ 5.07 Bn. Segments Covered: by Product type In-Ear Wristband/Watches Medical Skin Patches Smart Clothing Others by Application Clinical Wellness By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Wearable Thermometers Market Key Players
1. 3M Company 2. Drägerwerk AG & Co. 3. Cosinuss GmbH 4. Welch Allyn, Inc. 5. Microlife Corporation 6. Koninklijke Philips N.V. 7. Cosinuss 8. Masimo 9. Taidoc Technology Corporation 10. C.R. Bard 11. Helen of Troy Limited, and Briggs Healthcare. 12. VivaLNK 13. Blue Spark Technologies 14. e-TakesCare 15. Enfasmart 16. Raiing Medical Inc. 17. Koogeek Inc. 18. Cosinuss 19. Masimo 20. Taidoc Technology Corporation 21. infanttech COSINUSS GMBHFrequently Asked Questions:
1] Which segments are covered in Wearable Thermometers Market report? Ans. The segments covered in Wearable Thermometers Market report are based on products Types and Application . 2] Which region is expected to hold the highest share in the Wearable Thermometers Market? Ans. North America is expected to hold the highest share in the Wearable Thermometers Market . 3] What is the market size of Wearable Thermometers Market by 2029? Ans. The market size of Wearable Thermometers Market by 2029 is US $ 5.07 Bn. 4] Who are the top key players in the Wearable Thermometers Market ? Ans. 3M Compan, Drägerwerk AG & Co., KGa, Cosinuss GmbH, Welch Allyn, Inc. Microlife Corporation, Koninklijke Philips N.V, Cosinuss, Masimo, Taidoc Technology Corporation, C.R. Bard,Helen of Troy Limited, and Briggs Healthcare., VivaLNK. 5] What was the market size of Wearable Thermometers Market in 2022? Ans. The market size of Wearable Thermometers Market in 2022 was US $ 2.73 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Wearable Thermometers Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Wearable Thermometers Market 3.4. Geographical Snapshot of the Wearable Thermometers Market , By Manufacturer share 4. Wearable Thermometers Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape Impact of the Covid-19 Pandemic on the Wearable Thermometers Market 5. Supply Side and Demand Side Indicators 6. Wearable Thermometers Market Analysis and Forecast, 2022-2029 6.1. Wearable Thermometers Market Size & Y-o-Y Growth Analysis. 7. Wearable Thermometer Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 7.1.1. In-Ear 7.1.2. Wristband/Watches 7.1.3. Medical Skin Patches 7.1.4. Smart Clothing 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 7.2.1. Clinical 7.2.2. Wellness 8. Wearable Thermometer Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Wearable Thermometer Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 9.1.1. In-Ear 9.1.2. Wristband/Watches 9.1.3. Medical Skin Patches 9.1.4. Smart Clothing 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 9.2.1. Clinical 9.2.2. Wellness 10. North America Wearable Thermometer Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Wearable Thermometer Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 12. Canada Wearable Thermometer Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 13. Mexico Wearable Thermometer Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 14. Europe Wearable Thermometer Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 15. Europe Wearable Thermometer Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Wearable Thermometer Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 17. France Wearable Thermometer Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 18. Germany Wearable Thermometer Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 19. Italy Wearable Thermometer Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 20. Spain Wearable Thermometer Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 21. Sweden Wearable Thermometer Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 22. CIS Countries Wearable Thermometer Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 23. Rest of Europe Wearable Thermometer Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 24. Asia Pacific Wearable Thermometer Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 25. Asia Pacific Wearable Thermometer Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Wearable Thermometer Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 27. India Wearable Thermometer Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 28. Japan Wearable Thermometer Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 29. South Korea Wearable Thermometer Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 30. Australia Wearable Thermometer Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 31. ASEAN Wearable Thermometer Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 32. Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 33. Middle East Africa Wearable Thermometer Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 34. Middle East Africa Wearable Thermometer Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Wearable Thermometer Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 36. GCC Countries Wearable Thermometer Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 37. Egypt Wearable Thermometer Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 38. Nigeria Wearable Thermometer Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 39. Rest of ME&A Wearable Thermometer Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 40. South America Wearable Thermometer Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 41. South America Wearable Thermometer Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Wearable Thermometer Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 43. Argentina Wearable Thermometer Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 44. Rest of South America Wearable Thermometer Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application , 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Wearable Thermometers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. 3M Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.2. Drägerwerk AG & Co. 45.3.3. KGaA 45.3.4. Cosinuss GmbH 45.3.5. Welch Allyn, Inc. 45.3.6. Microlife Corporation 45.3.7. Koninklijke Philips N.V. 45.3.8. Cosinuss 45.3.9. Masimo 45.3.10. Taidoc Technology Corporation 45.3.11. C.R. Bard 45.3.12. Helen of Troy Limited, and Briggs Healthcare. 45.3.13. VivaLNK 45.3.14. Blue Spark Technologies 45.3.15. 46. Primary Key Insights