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Global Smart Baby Thermometers Market

Global Smart Baby Thermometers Market

Published: Jan 2021 120 Pages SKU: IRTNTR44990

Market Overview at a Glance

$38.31 Mn
Market Opportunity
13.79%
CAGR
YoY growth 2018-2019(%)

The smart baby thermometers market size will record an incremental growth of USD 38.31 million and a CAGR of almost 14% during 2020-2024. The smart baby thermometers market report also analyzes the market’s competitive landscape and offers information on several market vendors, including B. Braun Melsungen AG, Briggs Corp., EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, iProven, Kinsa Inc., Koninklijke Philips NV, OMRON Corp., and Paul Hartmann AG. Furthermore, this market report entails segmentation by product (smart baby ear thermometer and smart baby infrared thermometer), geography (North America, Europe, APAC, South America, and MEA), and distribution channel (offline and online). View our sample report to gather market insights on the segmentations. 

What will the Smart Baby Thermometers Market Size be in 2020?

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Overview of Competitive Analysis

The smart baby thermometers market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this smart baby thermometers market analysis report. Factors such as the growing adoption of smart products will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Smart Baby Thermometers?

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the smart baby thermometers market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The compatibility with mobile operating systems will significantly influence smart baby thermometers market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

36% of the market’s growth will originate from North America during the forecast period. The US is the key market for smart baby thermometers in the region. This report provides estimations of the contribution of all regions to the growth of the smart baby thermometers market size.

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What are the Key Factors Covered in this Smart Baby Thermometers Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive smart baby thermometers market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart baby thermometers market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart baby thermometers market vendors

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Smart Baby Thermometers Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 14%

Market growth 2020-2024

USD 38.31 million

Market structure

Fragmented

YoY growth (%)

12.65

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

US, China, Germany, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

B. Braun Melsungen AG, Briggs Corp., EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, iProven, Kinsa Inc., Koninklijke Philips NV, OMRON Corp., and Paul Hartmann AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Smart Baby Thermometers market growth will increase by 38.31 million during 2019-2024.

The Smart Baby Thermometers market is expected to grow at a CAGR of 13.79% during 2019-2024.

Smart Baby Thermometers market is segmented by Product( Smart baby ear thermometer, Smart baby infrared thermometer) Distribution channel( Offline, Online) Geographic( North America, Europe, APAC, South America, MEA)

B. Braun Melsungen AG, Briggs Corp., EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, iProven, Kinsa Inc., Koninklijke Philips NV, OMRON Corp., Paul Hartmann AG are a few of the key vendors in the Smart Baby Thermometers market.

North America will register the highest growth rate of 35.6% among the other regions. Therefore, the Smart Baby Thermometers market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, Germany, Japan, France

  • Ease of use is the driving factor this market.

The Smart Baby Thermometers market vendors should focus on grabbing business opportunities from the Smart baby ear thermometer segment as it accounted for the largest market share in the base year.