The global medical thermometer market size is anticipated to reach USD 1.0 billion by 2027, expanding at a CAGR of 18.0%, according to a new report by Grand View Research, Inc. An increase in the prevalence of viral diseases such as COVID-19, Influenza, Norovirus, and other medical conditions is driving the market. A growing number of medical conditions such as, dengue, swine flu, and malaria that requires precise body temperature assessment for deciding the treatment options is driving the market. According to the WHO, in 2018, more than 228.0 million cases of malaria globally, and 405,000 deaths were recorded. Symptoms of malaria include fever and chills. Therefore, with the increasing prevalence of such diseases, is driving the market.
Moreover, growing demand for contactless thermometers such as infrared electronic thermometers after the breakthrough of COVID- 19 pandemic is expected to boost the market growth. As compared to contact type, Non-contact Infrared Thermometers (NCITs) are frequently used in COVID-19 pandemic and other infectious diseases. Since there is a high risk of infection via components of the contact type temperature measuring devices. Therefore, the adoption of NCITs has increased.
Furthermore, the introduction of new products and the integration of new technologies by market players are expected to boost market growth during the forecast period. For instance, MicroLife launched Bluetooth-enabled forehead thermometer, which reflects temperature readings on smartphones.
Request a free sample copy or view report summary: Medical Thermometer Market Report
Based on patient demographic, the adult's segment dominated the market with a revenue share of 60.0% in 2019, as adults are more prone to infectious diseases due to comorbid conditions which lower their immune systems
On the basis of the product, the digital segment dominated the market with a revenue share of 46.2% in 2019. This can be attributed to the benefits of the device such as accurate readings and low chances of cross-infection
Based on the point of measurement, the ear segment dominated the market with a revenue share of 25.9% in 2019. As in-ear measurement responds quickly if there is a slight change in temperature than other points of measurement
North America dominated the market with the highest revenue share of 35.1% in 2019 owing to the presence of well-established healthcare facilities and increasing incidences of infectious diseases such as COVID-19 and Influenza in the region.
Grand View Research has segmented the global medical thermometer market on the basis of patient demographic, product, point of measurement, and region:
Medical Thermometer Patient Demographic Outlook (Revenue, USD Million, 2016 - 2027)
Pediatrics
Adults
Medical Thermometer Product Outlook (Revenue, USD Million, 2016 - 2027)
Infra-red Radiation
Digital
Others
Medical Thermometer Point of Measurement Outlook (Revenue, USD Million, 2016 - 2027)
Ear
Forehead
Oral
Anal
Ambient
Others
Medical Thermometer Regional Outlook (Revenue, USD Million, 2016 - 2027)
North America
The U.S.
Canada
Europe
The U.K.
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Mexico
Brazil
Argentina
Colombia
The Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
List of Key Players of Medical Thermometer Market
America Diagnostics Corporation
Easywell Biomedicals, Inc.
Cardinal Health
Compumedics Ltd.
Terumo Corporation
McKesson Corporation
Medical Indicators Inc.
Mediaid, Inc.
"The quality of research they have done for us has been excellent..."