Medical Thermometer Market to achieve CAGR of 18.5% by 2032, owing to rising awareness of the advantages of digital thermometers | insightSLICE
The market for Medical Thermometer is predicted to reach US$ 315 million globally in 2021 and develop at a CAGR of 18.5% through 2032.
A gadget used to measure body temperature is called a medical thermometer (Humans and Animals). Glass and mercury thermometers, infant thermometers, forehead thermometers, electronic ear thermometers, plastic strip thermometers, and digital thermometers are among the several types of thermometers.
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Depending on the type of thermometer or the circumstance, it may be used in a variety of locations, including under the tongue, inside the ear, underneath the armpit, rectally, or even on the forehead.
Since there is no mercury or other fluid to expand with temperature as there is in mercury thermometers, digital thermometers are said to be the most precise and dependable of all the numerous types of thermometers.
The key players of the Global Medical Thermometer Market are:
Main competitors in the Global Medical Thermometer market are Citizen Watch Co. Ltd, Exergen Corp., Ansell Ltd., Briggs Corp., OMRON Corp., Tecnimed Srl., EASYTEM Co. Ltd., American Diagnostic Corp., Beurer GmbH Paul Hartmann AG and others.
The COVID-19 pandemic increased the demand for infrared thermometers:
The global pandemic COVID-19 has impacted enormous numbers of people on numerous continents. Numerous symptoms of COVID-19 include a dry throat, headache, shortness of breath, dry cough, and high fever, which is the most prevalent symptom.
It is not practical to use contact-type thermometers to measure body temperatures due to the nature of COVID-19 and how it spreads through contact. As a result, in this situation, the demand for non-contact infrared thermometers has significantly increased.
Non-contact infrared thermometers are used to monitor temperature through the forehead from a distance. Infrared thermometers are currently utilized in hospitals, airlines, corporate offices, Multiplexes, and other places where temperature measurement has become more common due to COVID-19, thus resulting in a significant increase in demand.
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The growing interest in fitness and health is causing the market for medical thermometers to grow substantially:
Self-health tracking is a growing practice, particularly during this pandemic. People now regularly measure and maintain track of their body temperature, blood pressure, oxygen levels, and other parameters as their understanding of fitness and health monitoring grow.
As a result, the digital thermometer is among the objects that are used the most frequently by people. These thermometers are equipped with a computational system.
Sensors detect a temperature change, and a processing system swiftly computes the resistance difference to produce a precise digital measurement reflecting the body’s temperature.
Digital thermometers are popular because of their short reading times, quick reading accuracy, low cost, high safety (because they don’t use hazardous liquids like mercury), and compact design that makes them portable.
Global Medical Thermometer Market Key Segments:
By Product Type:
- Contact Based Thermometers
- Liquid – in Glass Thermometer
- Digital Thermometer
- Others (wearable thermometers, etc.)
- Contactless Thermometers
- Infrared Thermometers
By End-user:
- Residential
- Commercial
- Hospitals
- Airports
- Enterprises
- Individual Clinics
- Others (malls, theatres, etc.)
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
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- Japan
- India
- China
- South Korea
- Australia
- Rest of Asia Pacific
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- Middle East & Africa
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- UAE
- Saudi Arabia
- Rest of Middle East & Africa
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- South America
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- Brazil
- Rest of South America
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Future advancements in mobile telephones with infrared cameras could harm medical thermometers:
A company by the name of Fraden Corp has created a brand-new unique infrared sensor that can be included in a smartphone and allows users to take a temperature reading of their body simply by directing the camera at their forehead without making any physical contact.
The smartphone’s camera and the infrared sensor of the fraden function in tandem and provide a quick instantaneous clinical temperature readout. Smartphones equipped with these sensors automatically recognize a person’s forehead surface to take their temperature.
It can be used to measure a larger range of temperatures, including those in the restaurant (cooking and refrigeration), automotive parts (parts, machinery, etc.), outdoor temperatures (air, water, etc.), and much more. Such mobile applications may hurt the market for medical thermometers.
IoT offers a fresh technique to monitor users’ body temperatures using connected thermometers:
Using IoT, a network of interconnected thermometers is constructed (Internet of things). This solution has been offered by the kinsa firm. A health group called Kinsa works to stop the spread of dangerous diseases by keeping track of residents’ health indicators.
Lack of systems for early warning and insufficient testing supplies were two of the key issues that the nations faced at the beginning of the COVID-19 epidemic. Because of this, the COVID-19 patient statistics fell short of expectations.
Kinsa has created a system to track and forecast future epidemics based on the data it collects to identify a solution. The thermometer has Bluetooth connectivity, which allows it to link to a smartphone app. The thermometer reading information will be transmitted through the internet to a specific cloud.
The organization will be able to track user temperatures and anticipate outbreaks with the use of this data. The business intends to cooperate with the government in an effort to aid in pandemic containment.
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