Market Trends of Body Temperature Monitoring Industry
This section covers the major market trends shaping the Body Temperature Monitoring Market according to our research experts:
Oral Cavity Segment is Expected to Witness Significant Growth Over the Forecast Period.
The oral cavity segment is found to be the most accessible and is highly believed to provide the best estimation of the core body temperature. Hence, it is the most common site for measuring body temperature using local sensors. The convenience offered by the oral cavity is considered to be the advantage in measuring body temperature and is expected to drive the growth of this segment over the forecast period.
The increasing pediatric population is also driving the growth of this segment. The pediatric population is more sensitive to various infections and viruses that may lead to fever, and their increasing pediatric population may increase the demand for body temperature monitoring devices. For instance, in July 2022, United Nations Projections reported that a 2.3 billion pediatric (0-17) years population was reported globally in the year 2022, and the pediatric population is expected to reach 2.5 billion by the end of 2040. Since it's easy to monitor the temperature by oral route for the pediatric population. Thus, the increasing pediatric population is driving the growth of the studied market.
Moreover, an article published by Emory University in September 2022 reported that after the COVID-19 pandemic, people have become more conscious about maintaining their body temperature, and the demand for oral thermometers has increased significantly, thereby contributing to this segment's growth. Furthermore, the accessibility an article published by the MSD manual in November 2022 reported that oral thermometers are more compatible with a population aged between 6 months - 5 years, and the high number of children present in this age group is significantly increasing the demand for oral thermometers, thereby driving the growth of this segment. Thus, the increasing pediatric population and the accessibility of devices used to maintain the temperature of the oral cavity are expected to drive the growth of this segment over the forecast period.
North America is Expected to Witness a Significant Growth Over the Forecast Period.
North America is expected to witness significant growth over the forecast period owing to the continuous research that is leading to the development of new and advanced body temperature monitoring devices. Also, due to the presence of a rising pediatric population and the presence of infectious diseases, the region is expected to witness significant growth over the forecast period.
The United States holds the majority of the market in the North American region due to the rising cases of flu. For instance, according to the Centers for Disease Control and Prevention 2021, from September 28, 2020, to May 22, 2021, in the United States, 1,675 (0.2%) of 818,939 respiratory specimens tested by US clinical laboratories were positive for influenza virus. Thus, the increase in viral infections in North American countries is increasing the risk for fever, which in turn is demanding temperature control devices and thus controlling the growth of the studied market.
Also, the increasing pediatric (0-17) years population in North American countries is driving the demand for body temperature monitoring devices, as this population is more prevalent to diseases like fever, sour throat and cold, and cough. This disorder increases the demand for thermometers and propels the growth of the studied market in the region. For instance, in July 2022, the United Nations report stated that 37.7 million population in Mexico pediatric population was present in the year 2022, and this number is expected to increase to 32.4 million by 2040. The source also reported that a 1.8 million pediatric population was present in Canada in the year 2022, and the number is expected to increase by 7.3 million by 2040. Thus, the increasing pediatric population is increasing the demand for body temperature monitoring devices and thus contributing to the market's growth in the region.
Furthermore, researchers for the development of novel thermometers are expected to drive the growth of this market in the region. For instance, in April 2022, an article published by Frontiers in Medicine reported that a study was conducted to measure the accuracy and precision of a novel non-invasive Zero-Heat-Flux Thermometer (SpotOn) in a cohort of patients undergoing targeted temperature management (TTM) post-cardiac arrest in a hospital of Canada. The article reported that SpotOn is an accurate method that may enable non-invasive monitoring of core body temperature during TTM. Thus, such research is driving the growth of the studied market in the region. Thus, due to the increasing cases of infectious diseases and rising pediatric population, novel research in the region is expected to drive the growth of the studied market in the region.
