Infant Fever Stickers Market Research, 2031
The global Infant Fever Stickers Market Size was valued at $389.9 million in 2021, and is projected to reach $860 million by 2031, growing at a CAGR of 8.3% from 2022 to 2031.
Infant fever sticks are applied on the forehead, arm, and chest of the children for measuring the temperature. Disposable and reusable infant fever sticker are the types of stickers used in the market.
The infant fever stickers market is segmented into Type, Application and Distribution Channel.
Rise of innovative treatment technologies and adoption of the Internet of things drive the market growth. The ongoing advent of innovative treatment technologies and growing internet penetration, healthcare enterprises are undergoing drastic digital transformations. This has enabled patients to get access to authentic health-related information, thereby making them more careful in making medical decisions. This has also escalated the demand for cost-efficient, smart, and optimized healthcare services. The onset of the COVID-19 pandemic has further increased the requirements for healthcare products and services, which in turn has enhanced the performance of the healthcare market as a whole. For instance, as per the reports, by 2025, the total installed base of Internet of Things (IoT) connected devices is estimated to reach 30.9 billion units, a significant increase from the 13.8 billion units from 2021.
The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.
Rise in investment in the healthcare sector has expanded. Rapid construction of hospitals, clinics, and nursing homes is being done to accommodate the rising patient population. As the number of patients rises, so does the need for skilled medical personnel. Venture capital funding for health tech innovators is often considered an important indicator of their value propositions and potential for long-term success. The pandemic has increased demand for digital health solutions in a dramatic way, especially as it relates to access to care. According to Rock Health, funding for digital health startups nearly doubled from $7.5 billion in 2019 to $14.1 billion in 2020. Moreover, Startup Health reported that health innovation funding increased 55% from 2019 to 2020. Thus, rise in the investment of healthcare sector is driving the market growth during the forecast period.
Lack of awareness and availability of infant baby fever sticker products are hampering the growth of the market. Infant fever stickers are not easily available in rural areas of many developing countries as consumers are not aware of the product. Consumers prefer other temperature devices over infant baby fever stickers. In many developing countries, lack of advertisement of infant baby fever stickers is a factor restraining Infant Fever Stickers Market Growth.
Rising awareness about infant fever stickers among parents is a factor driving the market growth as they can monitor an infant’s temperature for up to 48 hours and precision up to one degree Fahrenheit. Kids get fever from time to time. A fever itself usually causes no harm and can actually be a good thing. It is often a sign that the body is fighting an infection.
But when an infant wakes in the middle of the night flushed, hot, and sweaty, it is easy to be unsure of what to do next. In this case, infant fever stickers are very useful. Increasing awareness among consumers about infant fever stickers is a great opportunity for market players as infant fever stickers are very convenient to carry while traveling. The infant fever stickers are aesthetically designed considering the choices and interests of kids.
The global infant fever sticker market is categorized into type, application distribution channel, and region. By type, the market is bifurcated into disposable infant fever sticker and reusable infant fever sticker. By application, the market is segmented into hospital, retail pharmacies, and online pharmacies. By distribution channel, the market is segmented into online and offline. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, Belgium, Netherland, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, United Arab Emirates, Saudi Arabia, Chile, Turkey, and the rest of LAMEA).
Based on the type, disposable infant fever sticker segment held the major Infant Fever Stickers Market Share in the market in 2021. Disposable infant fever sticks market indicates to be grown as it is an alternative to the thermometer. It is found that the thermometer use is difficult at the times baby sleeps these strips becomes a better alternative. These also shows the history of temperature measurements. The fever sticker cause no harm after its use, which also leads to the growth of the infant fever sticker market. There has been increasing demand for these stickers in European countries. The reusable Infant Fever Stickers Market size is estimated to reach $198.4 million by 2031, at a significant CAGR of 9.2% during the forecast period.
Based on the application, hospital segment witness a major growth rate during the Infant Fever Stickers Market Forecast period. It has been observed that the hospitals founds the use of sticker on children, as it does not disturb the child sleep. These stickers are available in cartoon shape and in colorful combination, which attracts children. The use of stickers may increase in hospitals as it provides separate use for the patient and helps in record maintaining. It is been observed that there would be increase in use of sticker into hospitals in the coming years.
Based on the distribution channel, offline segment held the major Infant Fever Stickers Market Share in the market in 2021. It includes retail stores, distributors, and specialty stores. Retail stores provide the desired ease and choice of options for a consumer. Market players are establishing new retail stores across various regions to extend their reach and increase their customer base. Furthermore, specialty stores are retail outlets that are engaged in a business of selling particular range of associated products.
Region wise, North America held the major infant fever sticker market share in 2021. There is rise in advancement in the healthcare sector in this region. These fever stickers are better alternative for the thermometer and people find it easy to use, which leads to increase in demand for the product. It provides separate use for every individual. This feature makes it safer and helps to drive the growth of the market. In this region, consumers are usually using these product, which may have a significant growth in the market in future. Increasing population in countries like the U.S. and Canada and availability of the product are expected to lead to increase the Infant Fever Stickers Market Demand.
The key players profiled in this Infant Fever Stickers Industry include JMK/IIT Inc., Tempagenix LLC, AMG Medical Inc., Carex Health Brands, ThermometerSite, Medline Industries Inc., FeverMates, Tobbie & Co, Rumble Tuff, MeeMee’s, and Jayem Trade Private Limited.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the infant fever stickers market analysis from 2021 to 2031 to identify the prevailing Infant Fever Stickers Market Opportunity.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the infant fever stickers market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the Infant Fever Stickers Industryplayers.
- The report includes the analysis of the regional as well as global infant fever stickers market trends, key players, market segments, application areas, and market growth strategies.
Infant Fever Stickers Market Report Highlights
Market Size By 2031
USD 860 million
CAGR of 8.3%
2021 - 2031
By Distribution Channel
Key Market Players
AMG Medical Inc., MeeMee’s, Jayem Trade Private Limited, Tobbie and Co, Medline Industries Inc, ThermometerSite, Rumble Tuff, FeverMates, JMK/IIT Inc., Carex Health Brands, Tempagenix LLC
Numerous companies under different brands in the market offer baby care products and supplies. R&D activities and innovations for improving the infant fever sticker products has helped these companies to increase their overall sale of products in the market. In the past few years, urban people have started using infant fever sticker products unlike the population in the semi-urban and urban areas. Busy lifestyle of individuals has influenced them to use infant fever sticker.
The growth of infant fever sticker market is highly dependent on the innovation and awareness among the consumers to provide complete treatment to their child. Demand for infant fever sticker is higher in the emerging countries, as they are equally growing in terms of money and population. Countries such as Canada and the U.S. occupy larger market share in the global infant fever sticker market. Companies need to address rapidly changing consumer needs to cater to their emerging demand. Acquisition and product launch is the key to sustain in the ever-growing infant fever sticker market.