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Smart Baby Thermometers Market Analysis

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Smart Baby Thermometers Market Analysis

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ SMART BABY THERMOMETERS MARKET ANALYSIS

  2. SMART BABY THERMOMETERS MARKET ANALYSIS • Smart Baby Thermometers Market, by Product Type (Ear Thermometer and Infrared Thermometer), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. The global smart baby thermometers market is estimated to be valued at US$ 472.3 million in 2020 and is expected to exhibit a CAGR of 9.7% during the forecast period (2020-2027). • Rising number of infectious diseases are expected to propel growth of the global smart baby thermometers market. • The rising incidence of infectious diseases is expected to drive the market growth during the forecast period. For instance, according to the Global Tuberculosis Report published by the World Health Organization (WHO, tuberculosis incidence in the age group of 0-14 years was 956,000 in 2015.

  4. Figure 1. Global Smart Baby Thermometer Market Share (%), by Region, 2020

  5. Increasing prevalence of fevers among children in North America is expected to boost the market growth • North America is expected to hold dominant position in the global smart baby thermometers market owing to the increasing prevalence of fevers among children in the region. According to an article titled ‘Fever in Children: Pearls and Pitfalls’, published by the National Center for Biotechnology Information (NCBI)’ in September 2017, prevalence of serious bacterial infections (SBI) in infants ranged from 8% to 12.5%, and it was even higher (up to 20%) among neonates in the U.S.

  6. Global Smart Baby Thermometer Market – Impact of Coronavirus (COVID-19) Pandemic • The coronavirus (COVID-19) pandemic and resulting lockdowns in various countries across the globe have impacted the financial status of businesses in all sectors. Private healthcare is one such sector which has been impacted significantly by the COVID-19 pandemic. • The lockdowns in various countries have placed an economic burden on the healthcare sector. Moreover, the pandemic has hampered development, production, and supply of drugs and other healthcare products, and also affected growth of healthcare businesses across the globe. • As a result, impact of the COVID-19 pandemic is expected to limit growth of the global smart baby thermometers market during the forecast period.

  7. Figure 2. Global Smart Baby Thermometer Market Share (%), by Product Type, 2020

  8. Key Players • Major players operating in the global smart baby thermometers market are B. Braun Melsungen AG, Briggs Corp., EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, iProven, Kinsa Inc., Koninklijke Philips NV, OMRON Corporation and Paul Hartmann AG among others.

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  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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