The global medical thermometer market size was USD 426.6 Million in 2022 and is expected to register a revenue CAGR of 7.8% over the forecast period, according to the latest report by Reports and Data.
The COVID-19 pandemic has raised demand for medical thermometers due to the requirement for frequent temperature monitoring to diagnose the virus. The need for thermometers has increased as a result of strict screening procedures implemented by governments around the world in workplaces, public spaces, and airports.
Furthermore, the prevalence of chronic disorders such as diabetes, cancer, and cardiovascular problems necessitates a growing demand for medical thermometers. These patients' body temperatures must be monitored. As a result, there is a greater demand for rapid, accurate non-contact infrared thermometers that do not touch the patient's skin, reducing the danger of cross-infection.
The market is booming because to the growing popularity of Home Healthcare, since patients prefer to check their temperature at home using personal thermometers. As a result, practical, portable thermometers with exact readings and simple operation have been developed.
Additionally, the increasing market revenue can be attributed to technological advancements in medical thermometers, including wireless and Bluetooth-enabled devices that can connect to smartphones and other gadgets. This connectivity facilitates Remote Patient Monitoring, reducing the necessity for frequent hospital visits while providing a simple means to measure body temperature accurately.
Key players in the industry are investing significantly in research and development to create sophisticated medical thermometers that offer fast and precise temperature monitoring. For example, Medline Industries Inc. introduced a new medical thermometer in 2019, which utilizes infrared technology to provide precise temperature readings in a matter of seconds. Such innovations continue to drive the growth of the market.
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Some of the prominent players profiled in the global medical thermometer market include Braun GmbH, Omron Healthcare Inc, 3M Company, Geratherm Medical AG, Terumo Corporation, Microlife Corporation, Welch Allyn Inc, Exergen Corporation, Kinsa Inc, and Vyaire Medical Inc.
Some Key Highlights from the Report
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For the purpose of this report, Reports and Data has segmented the global medical thermometer market on the basis of Type Outlook, Application Outlook, and Regional Outlook:
Type Outlook (Revenue, USD Million; 2022 - 2032)
Application Outlook (Revenue, USD Million; 2022 - 2032)
Regional Outlook (Revenue, USD Billion; 2022-2032)
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