The global smart baby thermometers market was USD 37.62 million in 2018 and will reach USD 64.52 million by 2025 at a CAGR of 8.01% during the forecast period.
Growth by Region
The Americas are major contributors to the market due to increase in middle-income population and large number of technology adopters. A large number of smart baby thermometer manufacturers are heavily investing in various countries such as Argentina, Colombia, Mexico, and Brazil.
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Drivers vs Constraints
Lifestyle advancements and rising child health concerns are the primary factors for the growth of the market. The ease use of devices is also a reason for the adoption of these devices. However, the risk associated with the smart baby thermometers is hindering the market growth.
Industry Trends and Updates
Kinsa has launched a new wireless version of its device, called Kinsa QuickCare, after securing FDA clearance.