The global demand for Wearable Thermometers Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Skin temperature is a critical physiological indicator of illness and damage. The majority of wearable thermometers were created to monitor skin temperature continuously. Wearable thermometers are commonly used to monitor baseline temperature in women and to measure body temperature during fevers. They're simple to use, affordable, and accurate, and they record continuously. For displaying data, most wearable thermometers are connected to a smartphone or tablet. Touch, patch, and invisible thermometers are among the many varieties of wearable thermometers available.
The need for body-worn temperature sensors is being attributed to increased awareness of fitness and health among people of all ages. The rising prevalence of Covid-19 cases worldwide, growing demand for advanced monitoring devices to check body temperature, the widespread number of surgical procedures, increasing concern for children's health, and increasing demand for healthcare have contributed to the market's growth. Furthermore, the introduction of new and sophisticated wearable devices like smarter, smaller, and low-cost sensors and the widespread demand of artificial intelligence and the Internet of Things are expected to drive the worldwide wearable thermometers' market forward. However, the high cost of wearable sensors, privacy issues, and data integrity could limit the market's growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of wearable thermometers. The growth and trends of wearable thermometers industry provide a holistic approach to this study.
This section of the wearable thermometers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Medical Skin Patches
- Smart Clothing
This section covers the regional outlook, which accentuates current and future demand for the Wearable Thermometers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Wearable Thermometers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wearable thermometers market include Terumo Corporation, 3M Company, Drägerwerk AG & Co., Cosinuss GmbH, Welch Allyn, Inc., Omron Healthcare, Microlife Corporation, Koninklijke Philips N.V., Cosinuss, Masimo. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.