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SMART BABY THERMOMETERS MARKET ANALYSIS Smart baby thermometers are smart medical devices are connected to a smartphone via Bluetooth. This device is for measuring body temperature during fever, as well as for monitoring basal temperature in women. These devices are easy to handle, affordable, precise and provide continuous recordings.
Market Dynamics An increasing number of product launches is expected to drive the global smart baby thermometers market growth. For instance, in February 2018, Kinsa Inc., a manufacturer of smart thermometers, launched QuickCare, a wireless version of its thermometer, approved by the U.S. FDA. This devices reads the temperature in 8 seconds, which is down to 10 seconds for the old model.
Moreover, the rising incidence of fevers among children is expected to drive the market growth. According to an article titled ‘Fever in Children: Pearls and Pitfalls’, published by the National Center for Biotechnology Information (NCBI) in September 2017, fever is the most common cause for medical consultation in children, and accounts for 15-25% of the consultations in primary care and emergency departments. Key features of the study: • This report provides in-depth analysis of the global smart baby thermometers market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market • This study also provides key insights about market drivers, restraints, opportunities, new drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players • It profiles key players in the global smart baby thermometers market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans • Key companies covered as a part of this study are B. Braun Melsungen AG, Briggs Corp., EASYTEM Co. Ltd., Exergen Corp., FEVERSMART, iProven, Kinsa Inc., Koninklijke Philips NV, OMRON Corporation and Paul Hartmann AG among others.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future drug launches, drug class up-gradation, market expansion, and marketing tactics • The global smart baby thermometers market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart baby thermometers market. • Request free sample copy of smart baby thermometers market analysis • Request free PDF copy of smart baby thermometers market analysis
Figure 1. Global Smart Baby Thermometer Market Share (%), by Region, 2020
Market Restraints • The risk associated with the ecotourism while exploring new regions restricts the market growth of the ecotourism in GCC. • The hot and extreme weather condition in the GCC countries up to 9 months out of the year is projected to limit the market growth of the ecotourism in GCC.
Figure 2. Global Smart Baby Thermometer Market Share (%), by Product Type, 2020
Company profiles: • Braun Melsungen AG * • Company Overview • Product Portfolio • Financial Performance • Key Highlights • Market Strategies • Briggs Corp. • EASYTEM Co. Ltd. • Exergen Corp. • FEVERSMART • iProven • Kinsa Inc. • Koninklijke Philips NV • OMRON Corporation • Paul Hartmann AG.
Market Trends • Changing lifestyle and increasing disposable income of the consumer is increasing their spending on travel activities. This is expected to be a major trend in the market. A growing number of inbound tourist coupled with the growing focus of the government on promoting environmental conservation and nature protection is also expected to bolster the market growth of ecotourism in GCC over the forecast period. • The growing popularity of cruising in the region is expected to be a major trend in ecotourism in GCC. Moreover, the growing focus of the travelers to indulge in adventurous outdoor activities are again expected to foster the market growth of the ecotourism in GCC. In addition to this growing number of golf courses and beach resorts to attract urban tourist attractions is further anticipated to augment the market growth of ecotourism in GCC.
On the basis of category, nature dominated the GCC ecotourism market in 2019 with around 48% of market share in terms of revenue, followed by wildlife and generic, respectively. • GCC Ecotourism Market - Impact of Coronavirus (Covid-19) Pandemic According to World Tourism Organization (UNWTO), the Coronavirus (Covid-19) pandemic has caused a 22% fall in international tourist arrivals during the first quarter of 2020. International lockdowns amidst of pandemic crisis could lead to an annual decline of between 60% and 80% when compared with 2019. This scenario is expected to continue with the extension of lockdowns in various countries across the globe in in response to the Covid-19 pandemic. • Competitive Section Key players are operating in the GCC Ecotourism market are Ramada Worldwide, Jumeirah, Le Meridien, Emirates, Qatar, Gulf air, Thomas Cook
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