Overview and Scope
Weight monitoring and body temperature monitoring devices and equipment are the devices used or employed in establishing the size, quantity, extent, area, or measurement of quantities, things, produce, or articles for distribution or consumption that are sold or exposed for sale or hire at any basic charge, and a temperature monitoring system control and regulates the temperature of a particular environment.
Sizing and Forecast
The weight monitoring and body temperature monitoring devices and equipment market size has grown rapidly in recent years. It will grow from <b>$9.32 billion in 2023 to $10.57 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. </b> The growth in the historic period can be attributed to maternal and neonatal health awareness, healthcare access, high-risk pregnancies, telemedicine and remote monitoring.
The weight monitoring and body temperature monitoring devices and equipment market size is expected to see rapid growth in the next few years. It will grow to <b>$16.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. </b> The growth in the forecast period can be attributed to emerging markets growth, personalized medicine, increased premature birth rates, value-based healthcare. Major trends in the forecast period include non-invasive monitoring, wearable and home monitoring devices, artificial intelligence (ai) and machine learning, data security and privacy.
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Segmentation & Regional Insights
The weight monitoring and body temperature monitoring devices and equipment market covered in this report is segmented –
1) By Type: Weight Monitoring Devices, Temperature Monitoring Devices
2) By Temperature Monitoring Devices: Table Top Temperature Monitoring Devices, Hand Held Temperature Monitoring Devices, Wearable Continuous Monitoring Thermometers, Temperature Monitoring Sensors & Smart Temperature Patches
3) By End User: Hospitals & Clinics, Home Settings, Ambulatory Surgical Centers
<b>Asia-Pacific</b> was the largest region in the global weight monitoring and body temperature monitoring devices and equipment market in 2023. <b>North America</b> was the second-largest region in the weight monitoring and body temperature monitoring devices and equipment market share. The regions covered in the weight monitoring and body temperature monitoring devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The rising prevalence of obesity is one of the major drivers of the weight monitoring and body temperature monitoring devices and equipment market. According to the World Health Organization (WHO), 1.9 billion adults around the globe were diagnosed, as overweight, and over 340 million children of 5 to 19 years across the globe were overweight. To curb the increase of obesity, weight monitoring devices can play a vital role by reminding the user to follow a certain diet or monitor the exercising habits of the individual. Thereby driving the demand for weight monitoring devices, thus driving the weight monitoring and body temperature monitoring devices and equipment market growth.
Key Industry Players
Major companies operating in the weight monitoring and body temperature monitoring devices and equipment market include <b> Philips Healthcare, Medtronic plc, GE HealthCare Technologies Inc., Abbott Laboratories, 3M, Nihon Kohden, Omron Healthcare, Siemens Healthcare, Honeywell International Inc., Infinium Medical Inc., Roche Diagnostics Limited, Procter & Gamble, American Diagnostic Corporation, Masimo Corporation, Terumo Medical Corporation, Microlife Corporation, Becton Dickinson and Co, C R Bard Inc., Cyberonics Inc., Reflectance Medical Inc., Johnson and Johnson, LifeSource, Biome, Drägerwerk AG & Co. KGaA, Briggs Healthcare, Cosinuss GmbH, Vital Connect inc., EarlySense, VivaLNK, Blue Spark Technologies </b>
The weight monitoring and body temperature monitoring devices and equipment market report table of contents includes:
1. Executive Summary
2.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Characteristics
3.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Trends And Strategies
4.Weight Monitoring And Body Temperature Monitoring Devices And Equipment market analysis
5.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Market Size And Growth
6.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Segmentation
7.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Regional And Country Analysis
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27.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Competitive Landscape And Company Profiles
28.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Key Mergers And Acquisitions
29.Weight Monitoring And Body Temperature Monitoring Devices And Equipment Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Philips Healthcare
- Medtronic plc
- GE HealthCare Technologies Inc.
- Abbott Laboratories
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