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How has the weight monitoring and body temperature monitoring devices and equipment market size evolved in recent years?
Recent years have seen significant growth in the market for weight monitoring and body temperature monitoring devices and equipment. The market, which is projected to expand from $5.57 billion in 2024 to $5.98 billion in 2025, registers a compound annual growth rate (CAGR) of 7.5%. The factors directed to this uplift in the historic period includes enhanced awareness towards maternal and neonatal health, better healthcare accessibility, high-risk pregnancy cases, and the rise of telemedicine and remote monitoring.
What are the predictions for the weight monitoring and body temperature monitoring devices and equipment market size in the coming years?
Anticipated robust growth is on the horizon for the market size of weight monitoring and body temperature monitoring tools and apparatuses in the coming years. The market is projected to increase to a value of $7.88 billion by 2029, achieving a compound annual growth rate (CAGR) of 7.1%. The predicted expansion in this period is linked to factors such as the growth of emerging markets, personalized medicine, rising premature birth rates, and value-driven healthcare. Key trends for the forecast period encompass non-invasive monitoring, wearable and home-based monitoring instruments, advancements in artificial intelligence (AI) and machine learning, alongside issues of data security and privacy.
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What key factors are fueling the growth of the weight monitoring and body temperature monitoring devices and equipment market?
The escalating incidence of obesity is a significant influencer in the market for weight monitoring and body temperature monitoring devices and equipment. As per data from the World Health Organization (WHO), around 1.9 billion adults globally have been diagnosed as overweight, with over 340 million children from 5 to 19 years old worldwide also falling into this category. The tools to monitor weight can be an essential remedy to control the rise of obesity, as they remind users to adhere to a specific diet or observe their exercise routines. This spikes the demand for weight monitoring devices, consequently fueling the growth of the weight monitoring and body temperature monitoring devices and equipment market.
How is the global weight monitoring and body temperature monitoring devices and equipment market divided into key segments?
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 And Smart Temperature Patches
3) By End User: Hospitals And Clinics, Home Settings, Ambulatory Surgical Centers
Subsegments:
1) By Weight Monitoring Devices: Digital Weighing Scales, Analog Weighing Scales, Smart Scales (With Health Tracking Features), Infant Weighing Scales, Bariatric Scales (For Obese Patients)
2) By Temperature Monitoring Devices: Digital Thermometers, Infrared Thermometers (Contactless), Smart Wearable Temperature Monitors, Mercury-In-Glass Thermometers, Tympanic (Ear) Thermometers
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Who are the key firms paving the way for growth in the weight monitoring and body temperature monitoring devices and equipment market?
Major companies operating in the weight monitoring and body temperature monitoring devices and equipment market include 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
Which trends are expected to transform the weight monitoring and body temperature monitoring devices and equipment market?
The trend of using wearable devices is quite pronounced in the market for weight monitoring and body temperature monitoring apparatus. Numerous firms, including Apple, Google, and Samsung, are pouring resources into the development and research of wearable technology. These wearable devices come with high-tech sensors that monitor and measure body temperature and weight. Various innovative products are being introduced in the wearable category, such as Blue Spark’s Temp Traq, a wearable temperature monitor, and Fitbit wearable that tracks and monitors weight.
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What regions are contributing significantly to the growth of the weight monitoring and body temperature monitoring devices and equipment market?
Asia-Pacific was the largest region in the global weight monitoring and body temperature monitoring devices and equipment market in 2023. North America 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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