Disposable and Contact Free Thermometers Gain Prominence in the Global Medical Thermometers Market


The global market for Medical Thermometers is projected to reach US$1.1 billion by 2024, driven by wider adoption of contactless and smart thermometers in healthcare and home care settings, product innovations focused on development of more accurate, easy to use and quick thermometers, and growing individual focus on self-care and health management against the backdrop of rise in pandemics and growing incidence of chronic diseases.

A Medical Thermometer is a device used to measure body temperature. These devices are designed based on the principle of thermal equilibrium and conduction of heat. Accurate measurement of the body’s temperature is critical for ensuring effective and safe medical care. Several health guidelines recommend measurement of body temperature for initial evaluation in acute medical conditions and post-operative care of adults, children, and infants.  Sales of thermometers generally follow a seasonal pattern, with sales picking up during the flu season. Prevalence of various diseases including malaria, dengue and swine flu that require frequent monitoring of body temperature for proper diagnosis continues to support the sales of medical thermometers. The market for these devices is also driven by technological advances along with innovations aimed development of accurate, user-friendly and affordable devices.

Thermometers are usually rated based on automatic memory, accuracy, and ease of use features. Revenue growth mainly stems from increasing adoption of expensive infrared forehead and ear thermometers, as replacements for the relatively inexpensive digital stick thermometers. The global infrared thermometers market is expected to register a healthy growth owing to increasing popularity of these devices to control infection and improve patient safety on account of their non-contact operation. These thermometers are anticipated to find a broader adoption in healthcare and home care settings.  The industry is also witnessing rise in use of thermometers that use ZERO consumables, and hence offer significant cost savings to healthcare facilities. Smart thermometers are evolving as an emerging trend in the health and fitness domain. These thermometers mostly available as wearables, are designed to not only record body temperature, but also transmit the recorded measurements to the users’ smartphones for monitoring their symptoms and to keep track of body temperature conveniently.  These thermometers are expected to play an additional role in flu forecasting besides being used to monitor patient body temperature.

As stated by the new market research report on Medical Thermometers, the United States represents the largest market worldwide. Asia-Pacific represents the fastest growing market with a CAGR of 5.9% over the analysis period led by factors such as growing demand for digital and infrared thermometers against the backdrop of epidemic concerns and continual replacement of mercury in glass thermometers.

Major players in the market include 3M Co., A&D Medical, Easywell Biomedicals, Inc,  American Diagnostic Corporation, Briggs Healthcare, Cardinal Health, Exergen Corporation, Geratherm Medical AG, Hicks Thermometers (India) Limited, Kaz Incorporated, Omron Healthcare Inc., Welch Allyn, Inc. and Terumo Corporation, among others. 

The research report titled “Medical Thermometers - Market Analysis, Trends, and Forecasts” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Product markets analyzed include Digital Thermometers, Infrared Thermometers, and Temperature Strips.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
For cutting edge analyst reviews on top industries, follow us on Twitter and connect with us on LinkedIn

Comments

Post a Comment

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

Rise of Surfing as a Lifestyle Sport Among all Age Groups Drives the Global Surfing Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surfing market. The global market for Surfing is projected to reach US$9.5 billion by 2022 , driven by the growing interest in surfing both as a leisure and sporting activity, increased accessibility to surfing through surf parks and surf pools and technology innovations focused on developing sophisticated surf-wear and surf-gear.                               Surfing is a surface water sport where a participant riding a board (the surfboard) is carried away by a breaking wave. The surfing industry continues to evolve, driven by sustained efforts of s...
Read more

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022

Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022 , driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level. Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system...
Read more
Image
The global market for Material Handling Equipment is projected to reach US$190.3 billion by 2025, driven by the strong emphasis shed on production and operational efficiency and worker safety. The concept of “last mile” is widely popularized in supply chain management and transportation planning for its ability to increase customer satisfaction and profitability. Automation, optimization and delivery route planning are therefore vital strategies adopted by companies to improve their last mile performance. Of equal importance are the “first mile” operations involving indoor material handling on the plant floor. Raw material being the primary and most importance element in manufacturing needs to move through multiple stages of production and final packaging in a smooth and seamless manner to prevent logistical bottlenecks in production. Timely handling of materials is important to ensure that right materials in right quantities are delivered to the right locations at the right ti...
Read more