The global thermometer market is anticipated to grow at a substantial CAGR of 7.7% during the forecast period. The rise in the prevalence of infectious diseases and other medical conditions including malaria and dengue fever is the major factor impacting the growth of the global thermometer market. These medical conditions require accurate body temperature readings to measure treatment options. Owing to the well-developed healthcare system and the high prevalence of diseases that necessitate body temperature monitoring is likely to heighten demand for thermometers during the forecast period. According to the Centers for Disease Control and Prevention (CDC), about 2,000 cases of malaria are diagnosed in the US each year. Furthermore, according to the same source, nearly half the global population lives in areas at risk of malaria transmission in 87 countries and territories. Moreover, the requirement of specific temperature conditions in various industries for manufacturing, medical, laboratory, and imaging purposes is further escalating the demand for the global thermometer market.
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The COVID-19 pandemic highly impacted the medical and medical devices industry with an increased demand for thermometers. Due to the high prevalence rate of the COVID-19 pandemic, the use of thermometers was growing since body temperature monitoring was standard for COVID infection screening. Moreover, due to strict lockdown and social distancing rules and regulations implemented by governments across the globe, manufacturers were inclining their efforts into manufacturing medical devices with non-contact capabilities. For instance, in 2020, DeltaTrak improved the availability of an FDA and CE-approved forehead infrared thermometer that provides instant readings without necessary contact making it an ideal COVID-19 risk prevention solution. Similarly, in 2020, EVERYCOM launched IR37 which is also a non-contact infrared thermometer with a display temperature range of 89.6 ? to 109.4 ? (32? to 43?).
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Thermometer Market by Product
- Mercury-Based
- Mercury-free Thermometer
- Infrared Radiation Thermometer
- Digital Thermometer
- Others
Global Thermometer Market by Application
- Healthcare and Medical
- Industrial
- Food
- Research Laboratories
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Actherm Medical Corp.
- American Diagnostic Corp.
- Cardinal Health, Inc.
- Citizen Systems Japan Co., Ltd.
- Comark Instruments
- DeltaTrak
- Trust.
- Electronic Temperature Instruments Ltd.
- Endress+Hauser Group Services AG
- Everycom Electronics
- Geratherm Medical AG
- Hicks Thermometers India Ltd.
- Jiangsu Yuyue medical equipment & supply Co., Ltd.
- Masimo
- Medline International B.V.
- Medtronic
- Microlife AG Swiss Corp.
- MICROTEMP ELECTRICS CO., LTD.
- Neptune Wellness Solutions Inc.
- Opto Circuits (India) Ltd.
- RJ Brands, LLC
- SFT Technologies India Pvt. Ltd.
- Taiwan Manufacturing Company, INC. (RADIANT INNOVATION INC)
- Terumo Group
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global thermometer market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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