MEA Body Temperature Monitoring Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 96.03 Million |
Market Size (2029) | USD 133.44 Million |
CAGR (2024 - 2029) | 6.80 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Body Temperature Monitoring Market Analysis
The MEA Body Temperature Monitoring Market size is estimated at USD 96.03 million in 2024, and is expected to reach USD 133.44 million by 2029, growing at a CAGR of 6.80% during the forecast period (2024-2029).
The market is growing positively, owing to the rise in infectious conditions, like swine flu and Ebola virus disease, and increase in demand for non-contact thermometers, as the use of infrared (IR) thermometers and non-contact thermometers were extremely useful for identifying the new cases of an outbreak caused by the coronavirus. Additionally, the growing pediatric population is responsible for driving market growth, globally. The factors, such as the flu outbreak, have a considerable effect on the market studied. In addition, the growing preference of a digital thermometer helps in giving more accurate and faster results, when compared to a mercury thermometer. Furthermore, it is safe, as mercury is a neurotoxic metal than can adversely affect the human body. Thus, owing to the above factors the market is expected to grow over the forecast period.
MEA Body Temperature Monitoring Market Trends
This section covers the major market trends shaping the MEA Body Temperature Monitoring Market according to our research experts:
Oral Cavity Segment is is Expected to Hold a Major Market Share in the Body Temperature Monitoring Market
The oral cavity is found to be the most accessible and is highly believed to provide the best estimation of the core body temperature. The oral cavity is found to be the most common site for measuring body temperature, by local sensors. Eating and drinking may affect accuracy while measuring oral temperature. The thermometers are placed inside the mouth, under the tongue, and such readings can be inaccurate. The oral cavity temperature is measured by placing the thermometer posteriorly into the sublingual pocket, as it is very close to the sublingual arteries, which track the changes in the core body temperature.
MEA Body Temperature Monitoring Industry Overview
The body temperature monitoring market is highly competitive and consists of several major players, indicating a fragmented market scenario. Although the market is quite fragmented in nature, there are some leading players, such as 3M Company, Welch Allyn Inc., Omron Corporation etc
MEA Body Temperature Monitoring Market Leaders
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3M
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Omron Corporation
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Helen of Troy Limited
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Welch Allyn(Hill Rom)
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Cardinal Health Inc.
*Disclaimer: Major Players sorted in no particular order
MEA Body Temperature Monitoring Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rise of Infectious Conditions, like Swine Flu, Ebola, and Others, increasing the Demand for Non-contact Thermometers
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4.2.2 Increasing Pediatric and Geriatric Population Driving the Growth of Thermometers
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4.3 Market Restraints
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4.3.1 Concerns about the Use of Infrared Thermometers and Issues Related to Rectal Thermometers
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Contact
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5.1.1.1 Digital Thermometers
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5.1.1.2 Infrared Ear Thermometers
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5.1.1.3 Other Contact Products
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5.1.2 Non Contact
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5.1.2.1 Non-contact Infrared Thermometers
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5.1.2.2 Thermal Scanners
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5.2 By Application
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5.2.1 Oral Cavity
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5.2.2 Rectum
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5.2.3 Ear
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5.2.4 Other Applications
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5.3 By End User
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5.3.1 Hospitals
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5.3.2 Clinics
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5.3.3 Others
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5.4 Geography
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5.4.1 South America
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5.4.1.1 Brazil
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5.4.1.2 Argentina
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5.4.1.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 3M
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6.1.2 Omron Corporation
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6.1.3 Helen of Troy Limited
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6.1.4 Welch Allyn(Hill Rom)
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6.1.5 Cardinal Health Inc.
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6.1.6 Dr Temp (Pty) Ltd.
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6.1.7 Testo SE & Co. KGaA
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MEA Body Temperature Monitoring Industry Segmentation
As per the scope of the report, body temperature monitoring device is a common temperature measuring tool used in daily life. It is crucial for ensuring safe and efficient patient care. The body temperature monitoring market is segmented by product, application, end-user
By Product | |||||
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By Application | |
Oral Cavity | |
Rectum | |
Ear | |
Other Applications |
By End User | |
Hospitals | |
Clinics | |
Others |
Geography | |||||
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MEA Body Temperature Monitoring Market Research FAQs
How big is the MEA Body Temperature Monitoring Market?
The MEA Body Temperature Monitoring Market size is expected to reach USD 96.03 million in 2024 and grow at a CAGR of 6.80% to reach USD 133.44 million by 2029.
What is the current MEA Body Temperature Monitoring Market size?
In 2024, the MEA Body Temperature Monitoring Market size is expected to reach USD 96.03 million.
Who are the key players in MEA Body Temperature Monitoring Market?
3M, Omron Corporation, Helen of Troy Limited, Welch Allyn(Hill Rom) and Cardinal Health Inc. are the major companies operating in the MEA Body Temperature Monitoring Market.
What years does this MEA Body Temperature Monitoring Market cover, and what was the market size in 2023?
In 2023, the MEA Body Temperature Monitoring Market size was estimated at USD 89.92 million. The report covers the MEA Body Temperature Monitoring Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Body Temperature Monitoring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Body Temperature Monitoring Industry Report
Statistics for the 2024 MEA Body Temperature Monitoring market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Body Temperature Monitoring analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.