The Medical Thermometer Market was worth US$ 256.9 Million in 2019 and is expected to grow at a CAGR of 19.3% through 2030. Thermometers are used to measure human and animal body temperatures. Temperatures taken can be oral or sub-lingual temperature (temperature taken orally), axillary temperature (temperature measured by keeping it under armpit), rectal temperature, tympanic temperature (temperature taken from ear), etc.
Digital thermometers, liquid in glass thermometers, electronic ear thermometers are some of the common types of thermometers being used by consumers. Outbreak of COVID-19 pandemic has drastically surged the sales of medical thermometers globally. Especially, the demand for infrared thermometers has skyrocketed as they can measure the temperature from distance without physical contact.
Demand for these type of thermometers have not only increased across hospital facilities but many enterprises, airport facilities, government facilities, etc. have started using these thermometers to check and keep the track of temperature data of every personnel entering their facility. This demand will continue to stay on higher note especially until the vaccine for COVID -19 would be in place.
North America has the major share in the global medical thermometer market. This is attributed to large hospital facilities and awareness among the people about keeping their health checkup routine regularly. Asia Pacific will grow fastest throughout the forecast period of 2020 to 2030.
This growth is attributed to the countries such as China and India where with large population and growing healthcare industry and fitness awareness among the people, the demand for medical thermometers is also increasing. Large number of COVID-19 cases emerging on the daily basis in these regions is the most major reason for the growth in demand for the medical thermometers. South America followed by Middle East & Africa will also see some considerable growth in the global medical thermometer market during the forecast period.
Medical Thermometer Market Value Share Analysis, by Geography (2022)
The report titled “Medical Thermometer Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global medical thermometer market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global medical thermometer market is segmented into product type, end-user and geography. On the basis of type, medical thermometer market is segmented into contact based and contact less medical thermometers. Contact based thermometers are further segmented into liquid in glass thermometer, digital thermometer and others. Liquid in glass thermometer have larger share in the global medical thermometer market. Digital thermometers would see the increasing demand during the forecast period due to its accuracy. They make it easier even for the patient to measure and monitor his own body temperature without any professional overlooking. However, infrared thermometers segment would see fastest growth among the others during the forecast period of 2023-2032. This is mainly attributed to the increasing demand for these thermometers d Contact less thermometer is segmented into infrared medical thermometers. Based on end-user the market is segmented into commercial and residential sub-segments. Commercial segment is further bifurcated into hospitals, enterprises, airports, individual clinics and others (theatres, malls, etc.). Residential segment will grow with the fastest CAGR throughout the forecast period of 2023-2032. People are now becoming aware of the importance to track their health attributes such as body temperature, heart rate, pulse rate, blood pressure, etc. Moreover, COVID-19 also adds up to this consciousness.
Based on geography, the global medical thermometer market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, South Korea, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global medical thermometer market with a focus on all operating business segment and would identify and analyze the segment of the company focusing on medical thermometer. Further, market share of prominent companies in the global medical thermometer market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focusing on the Medical Thermometer manufacturing companies. The global medical thermometer market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products and innovations regarding Medical Thermometer segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new innovations and patent filing information and geographic expansion in the global medical thermometer market.
Major players active in the global Medical Thermometer market include Exergen Corp., OMRON Corp., Tecnimed Srl., Ansell Ltd., Briggs Corp., EASYTEM Co. Ltd., Paul Hartmann AG, American Diagnostic Corp., Beurer GmbH and Citizen Watch Co. Ltd.
During these crucial times of COVID - 19, where keeping track of SPO2 levels, heart rate, blood pressure levels have also become a priority of the people than just measuring their temperatures, demand for the thermometers who can measure more health attributes other than temperature may find the wide acceptance among the end users. Companies focusing on innovating thermometers more than just to measure the body temperature can gain the innovative edge over the competitors in the market.
Market Segmentation:
By Product Type:
By End-user:
By Geography
Large number of COVID-19 cases emerging on the daily basis is the driving factor for the growth in demand for the medical thermometers.
North America is the largest share in global Medical Thermometer Market.
The sample report for the Medical Thermometer Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
Major players operating in the global Medical Thermometer market include Exergen Corp., OMRON Corp., Tecnimed Srl., Ansell Ltd., Briggs Corp., EASYTEM Co. Ltd., Paul Hartmann AG, American Diagnostic Corp., Beurer GmbH and Citizen Watch Co. Ltd.
Based on product type, the Medical Thermometer market is segmented into Contact Based Thermometers and Contactless Thermometers
Copyright © 2024 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved