Market Trends of South America Body Temperature Monitoring Industry
This section covers the major market trends shaping the South America Body Temperature Monitoring Market according to our research experts:
Digital Thermometers Projected to Have Significant Growth
Digital thermometers are mercury-free when compared to conventional thermometers, they provide many additional benefits, which include ease of use such as handling issues, accuracy, and their LED LCD screen makes it easier to read the temperature. Digital thermometers are majorly used by paramedics/medics and in the majority of the household. Over the last few years, several new clinical thermometers have shown up on the market, which is based on electrical and infrared-type sensors to avoid mercury toxicity.
Furthermore, with growing awareness regarding the infectious diseases in the region, digital thermometers are expected to have notable growth over the forecast period, The low cost, high accuracy, and ease of use associated with the digital thermometers are leading to an increase in the usage of the digital thermometers in the households as well. Moreover, the aging population coupled with the increasing number of diseases that need overall temperature monitoring devices are expected to boost the market growth over the forecast period.
According to a study article 'Digital thermometer innovation as a body temperature measuring tool during the COVID-19 pandemic', published in July 2022, Brazillian scientists developed a non-contact digital thermometer to measure body temperature. Thus, such developments of the thermometer during the COVID-19 breakout are expected to boost technological innovation in the segment, driving segmental growth.
Brazil is Expected to Witness Strong Share in South America Region Over the Forecast Period
The outbreak of COVID-19 has affected the Brazilian healthcare system tremendously and the government has taken major initiatives to curb the spread of coronavirus across the country. After the relaxation of lockdown in early 2021, the Brazilian government made it compulsory for all people to get their body temperature monitored at all places. This has resulted in the high demand for body temperature monitoring devices.
In addition, there is a growing demand for non-contact temperature monitors across the country as a result of the fear of COVID-19 infection. The advancements in temperature monitoring devices led to increased adoption of the same across the country. With high demand and emergency, local players across the country operating in the thermometer business became active and started developing technologically advanced thermometers with cost-effectiveness. This has led to the high utilization of these devices in Brazil.
Additionally, the increasing geriatric population across the country is propelling the growth of the market studied in Brazil. For instance, as per the data from WorldBank published in 2021, around 21,268,241 people were aged 65 and above in Brazil. As old people are more prone to infectious diseases that cause fever, the demand for body temperature monitoring devices is increasing in the country.
