Market Size of MEA Body Temperature Monitoring Industry
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 |
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 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 Size Summary
The Middle East and Africa body temperature monitoring market is experiencing positive growth, driven by the increasing prevalence of infectious diseases such as swine flu and Ebola, alongside a rising demand for non-contact thermometers. The use of infrared and non-contact thermometers has proven essential in identifying new cases during coronavirus outbreaks, contributing to market expansion. Additionally, the growing pediatric population is a significant factor propelling market growth. The preference for digital thermometers, which offer more accurate and faster results compared to traditional mercury thermometers, is also influencing market dynamics. The safety of digital thermometers, as they do not contain neurotoxic metals like mercury, further supports their adoption.
The market is characterized by a high level of competition, with several major players contributing to a fragmented market landscape. Key companies such as 3M Company, Welch Allyn Inc., and Omron Corporation are prominent in this sector. The oral cavity remains the most common site for temperature measurement, despite potential inaccuracies due to factors like eating and drinking. The measurement technique involves placing the thermometer in the sublingual pocket, close to the sublingual arteries, to obtain an accurate core body temperature reading. This competitive environment and the ongoing technological advancements are expected to shape the market's trajectory over the forecast period.
MEA Body Temperature Monitoring Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise of Infectious Conditions, like Swine Flu, Ebola, and Others, increasing the Demand for Non-contact Thermometers
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1.2.2 Increasing Pediatric and Geriatric Population Driving the Growth of Thermometers
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1.3 Market Restraints
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1.3.1 Concerns about the Use of Infrared Thermometers and Issues Related to Rectal Thermometers
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Contact
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2.1.1.1 Digital Thermometers
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2.1.1.2 Infrared Ear Thermometers
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2.1.1.3 Other Contact Products
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2.1.2 Non Contact
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2.1.2.1 Non-contact Infrared Thermometers
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2.1.2.2 Thermal Scanners
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2.2 By Application
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2.2.1 Oral Cavity
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2.2.2 Rectum
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2.2.3 Ear
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2.2.4 Other Applications
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Others
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2.4 Geography
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2.4.1 South America
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2.4.1.1 Brazil
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2.4.1.2 Argentina
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2.4.1.3 Rest of South America
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MEA Body Temperature Monitoring Market Size 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.