Global Body Temperature Monitoring Market: Regional Insights
Based on geography, the global body temperature monitoring market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to gain highest share in the market during the forecast period due to the rising incidence of infectious diseases, growing geriatric and pediatric population, increasing demand for temperature monitoring devices, and increasing awareness among people in the region. For instance, outbreak of highly infectious diseases is resulting in increasing demand for temperature monitoring devices in medical settings. Moreover, with the growing geriatric and pediatric population in the U.S., the demand for temperature monitoring devices is also increasing, as this population is prevalent to diseases such as fever, sour throat, and cold & cough.
Europe and Asia Pacific are also expected to witness robust growth in the global body temperature monitoring market owing to the increasing prevalence of infectious diseases, growing geriatric and pediatric population, and increasing demand for advanced temperature monitoring devices in these regions. For instance, according to the European Union (EU), in 2022, more than one fifth (21 %) of the EU population was aged 65 and over. The median age of the EU's population is increasing and was 44.4 years on January 2022, which means that half of the EU's population was older than 44.4 years. This in turn is expected to augment the market growth.
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