The Global Medical Thermometer Market size is expected to reach $972.7 Million by 2026, rising at a market growth of 6.5% CAGR during the forecast period. A thermometer is a medical device that is used to measure body temperature. The rise in the cases of influenza, norovirus, COVID-19, and other medical conditions as well as increasing awareness about how important it is to monitor body temperature, are some of the major factors anticipated to drive the market. Due to an increase in the spread of COVID-19 and the major symptom includes high fever and in order to monitoring and screening of temperature, there has been a sudden rise in demand for thermometers.
The emerging and small-sized players have increased the operations and rapid advancements in technology are a major contributor to the growth of the market. Furthermore, the prohibition on traditional mercury in 13 states of the U.S. that were used in-glass fever thermometer enhanced the demand of non-contact thermometers. The government has also implemented some laws in order to ban the production of mercury thermometers. At the same time, various initiatives like the mercury pollution prevention program of the United States Environmental Protection Agency (USEPA) is spreading awareness among the people about the damaging and harmful effects of mercury on the body and in the environment. Presently, the most widely used thermometer for screening and monitoring the body temperature is infrared thermometers that are contactless and used in public places.
The increasing cases of infectious disease and other medical conditions necessitate a precise body temperature measurement as it is important for deciding the treatment procedures. Other bacterial and viral diseases such as swine flu, malaria, dengue show common symptoms like high fever, and primarily body temperatures are measured and it is likely to boost the medical thermometer market. It is crucial to take the correct body temperature to diagnose any disease. Alternatively, thermometers are available in the market that is accurate and cost-effective over that of mercury-based thermometers. The technologically advanced digital medical thermometer is gradually replacing mercury-based thermometers.
Based on Point of Measurement, the market is segmented into Ear, Forehead, Oral, Ambient, Anal and Other Point of Measurements. Based on Product, the market is segmented into Infrared Radiation Thermometers, Digital Thermometer and Other Products. Based on Patient Age Category, the market is segmented into Adults and Pediatrics. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Medical Thermometer Market to reach a market size of $972.7 million by 2026
| Report Attribute | Details |
|---|---|
| Market size value in 2019 | USD 266.1 Million |
| Market size forecast in 2026 | USD 972.7 Million |
| Base Year | 2019 |
| Historical period | 2016 to 2018 |
| Forecast Period | 2020 to 2026 |
| Revenue Growth Rate | CAGR of 6.5% from 2020 to 2026 |
| Number of Pages | 200 |
| Number of Tables | 370 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Point of Measurement, Product, Patient Age Category, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company (Nexcare), Hill-Rom Holdings, Inc. (Welch Allyn), F. Hoffmann-La Roche Ltd. (America Diagnostics Corporation), McKesson Corporation, Cardinal Health, Inc., Terumo Corporation, Medline Industries, Inc., A&D Company, Limited, Exergen Corporation and Easywell Biomedical, Inc.
Market Segmentation:
By Point of Measurement
By Product
By Patient Age Category
By Geography
Companies Profiled
The medical thermometer market is projected to reach USD 972.7 million by 2026.
There are several reason that cause high demand of this market one of them is increasing prevalence of infectious diseases.
3M Company (Nexcare), Hill-Rom Holdings, Inc. (Welch Allyn), F. Hoffmann-La Roche Ltd. (America Diagnostics Corporation), McKesson Corporation, Cardinal Health, Inc., Terumo Corporation, Medline Industries, Inc., A&D Company, Limited, Exergen Corporation and Easywell Biomedical, Inc.
The segment of digital medical thermometers has led the market with the market share of more than 45% in 2019.
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