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Body Worn Temperature Sensors Market

Market Insights on Body Worn Temperature Sensors covering sales outlook, demand forecast & up-to-date key trends

Body Worn Temperature Sensors Market By Patient's Demography (Infant, Child, Adult, Elderly People), Care Setting (Home, Hospital, Outpatient Clinic), Application (Healthcare and Medical, Fitness and Wellness, Infotainment, Clinical Settings) & Region - Forecast 2022 - 2032

Body Worn Temperature Sensors Market Overview

The global body worn temperature sensors market is estimated to surpass a valuation of US$ 70 Mn by the end of 2022. The demand for body worn temperature sensors is expected to total US$ 1600 Mn by 2032, expanding at a remarkable CAGR of more than 30% during the forecast period 2022-2032. Increasing adoption of wearable sensors across the hospitals, owing to its low level of human intervention is augmenting the sales of body worn temperature sensors in the market.

Report Attribute

Details

Body Worn Temperature Sensors Market Value (2021)

US$ 60 Million

Body Worn Temperature Sensors Market Value (2022)

US$ 70 Million

Body Worn Temperature Sensors Market Anticipated Value (2032)

US$ 1600 Million

Body Worn Temperature Sensors Market Projected Growth Rate (2022-2032)

30% CAGR

Body worn temperature sensors are devices directly attached to the body or integrated into wearable objects in order to help monitor temperature and various other health aspects such as heart rate and pulse rate of elderly patients and new born babies on continuous basis. These sensors are increasingly being adopted across hospitals, home care, and outpatient clinics as they provide reliability and security solutions.

Surging demand for wearable technology across varied application areas such as fitness and increasing adoption of innovative body worn devices for remote patient monitoring across the healthcare sector is expected to augment the growth in the market.

In addition, growing introduction of advanced temperature monitoring devices integrated with innovative internet of things (IoT) technologies for medical-specific applications such as blood pressure monitoring, ambulatory, and dialysis is expected to accelerate the sales of body worn temperature sensors in the market.

Which are Some Prominent Drivers Spearheading Body Worn Temperature Sensors Market Growth?

Body worn temperature sensors are digital thermometers that provide clinical-grade accuracy combined with ultra-low power operation to support wearable medical and fitness applications, such as medical patches, wristwatches, and smart clothing. Hence, increasing adoption of such devices, owing to the rising sports and fitness activities, especially among the Genz and millennials are projected to fuel the demand for body worn temperature sensors.

With rapidly changing lifestyle of population and development of bad habits such as smoking, a significant rise in diseases such as cardiovascular, neurological, and pulmonary disorders is being witnessed across the world, resulting in fueling the demand for assistive devices.

For instance, according to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death worldwide, accounting for nearly 32% of the overall deaths across the globe. In 2019, nearly 17.6 million fatalities were reported due to cardiovascular conditions such as stroke and heart attack.

Body worn temperature sensors are extensively used in physiological monitoring and remote patient monitoring. These assists in examining and diagnosing ongoing treatment of patients with aforementioned diseases. Hence, rising burden of cardiovascular, neurological, and pulmonary disorders is anticipated to favor the growth in the market.

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What are the Challenges Faced by the Body Worn Temperature Sensors Market?

Despite several advantages associated with the body worn temperature sensor, high contact with radio waves due to their connection with smartphones, computers, or medical monitors is hindering the sales across the infant segment, owing to growing emphasis on infant care.

In addition to this, slow adoption rate and high cost of body worn temperature sensors are factors further hampering the growth in the market.

Why is North America Emerging as an Opportunistic Body Worn Temperature Sensors Market?

As per FMI, North America is expected to register the fastest growth in the global body worn temperature sensors market over the forecast period 2022-2032.

Body worn temperature sensors enable continuous monitoring of several health aspects including the heart rate, pulse rate, and body temperature among others. Hence, surging adoption across a wide range of applications such as mechanical, infotainment, and clinical and growing awareness regarding fitness and health amongst the population of all the age groups is facilitating the growth in the market.

Also, growing trend of smart living, increasing number of connected devices, and integration of advanced technologies such as artificial intelligence and IoT are expected to propel the demand for wearable temperature sensors in the North America market.

Nikhil Kaitwade
Principal Consultant
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How is Asia Pacific Excluding Japan Contributing to the Growth of the Body Worn Temperature Sensors Market?

Future Market Insights reveals that the Asia Pacific excluding Japan is forecast to emerge as a highly lucrative body worn temperature sensors market between 2022 and 2032.

With growing emphasis on remote physiological patient monitoring and increasingly fitness activities, a swift rise in the adoption of wearable devices is being experienced across the countries such as India, China, South Korea, Australia, and others.

Citing this trend, numerous wearable device manufacturers are increasingly aiming at developing and launching novel body worn devices to capitalize on the existing opportunity. For instance, in January 2022, Noise, a leading Indian wearable technology manufacturer, announced launching its new smartwatch, Noise ColorFit Caliber featuring 60 workout mode support and a body temperature sensor. A multiplicity of such product launches are estimated to accelerate the sales of body worn temperature sensors in the Asia Pacific excluding Japan market.

Market Competition

Some of the leading players in the body worn temperature sensors market are Analog Devices, Texas Instruments, Inc., Measurement Specialties, STMicroelectronics N.V., and Maxim Integrated Products Inc.

Attributed to the presence of such high number of participants and growing research and developments (R&D) activities for innovation in wearable temperature sensors technology, the market is highly competitive.

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Scope Of Report

Report Attribute

Details

Growth Rate in Automotive Sector

CAGR of 30% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Patient’s Demography
  • Care Setting
  • Application
  • Region

Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Companies Profiled

  • Analog Devices
  • Texas Instruments, Inc.
  • Measurement Specialties
  • STMicroelectronics N.V.
  • Maxim Integrated Products Inc.

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Key Segments Profiled in the Body Worn Temperature Sensors Market Survey

By Patient’s Demography:

  • Infant (0 to 24 Months)
  • Child (2 to 16 Years)
  • Adult (17 to 69 Years)
  • Elderly People (70 Years and Above)

By Care Setting:

  • Home
  • Hospital
  • Outpatient Clinic

By Application:

  • Healthcare and Medical
  • Fitness and Wellness
  • Infotainment
  • Clinical Settings

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the sales of body worn temperature sensors in the market is expected to rise at 30% value CAGR by 2032

The global body worn temperature sensors market is expected to be dominated by North America over the forecast period 2022-2032.

Analog Devices, Texas Instruments, Inc., Measurement Specialties, STMicroelectronics N.V., and Maxim Integrated Products Inc. some of the leading players in the prominent players in the global body worn temperature sensors market.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Body Worn Temperature Sensors Market