The global medical thermometer market size is anticipated to reach USD 1.0 billion by 2027, expanding at a CAGR of 18.0%, according to a new report by Grand View Research, Inc. An increase in the prevalence of viral diseases such as COVID-19, Influenza, Norovirus, and other medical conditions is driving the market. A growing number of medical conditions such as, dengue, swine flu, and malaria that requires precise body temperature assessment for deciding the treatment options is driving the market. According to the WHO, in 2018, more than 228.0 million cases of malaria globally, and 405,000 deaths were recorded. Symptoms of malaria include fever and chills. Therefore, with the increasing prevalence of such diseases, is driving the market.
Moreover, growing demand for contactless thermometers such as infrared electronic thermometers after the breakthrough of COVID- 19 pandemic is expected to boost the market growth. As compared to contact type, Non-contact Infrared Thermometers (NCITs) are frequently used in COVID-19 pandemic and other infectious diseases. Since there is a high risk of infection via components of the contact type temperature measuring devices. Therefore, the adoption of NCITs has increased.
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Furthermore, the introduction of new products and the integration of new technologies by market players are expected to boost market growth during the forecast period. For instance, MicroLife launched Bluetooth-enabled forehead thermometer, which reflects temperature readings on smartphones.
Medical Thermometer Market Report Highlights
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Medical Thermometer Market Segmentation
Grand View Research has segmented the global medical thermometer market on the basis of patient demographic, product, point of measurement, and region:
Medical Thermometer Patient Demographic Outlook (Revenue, USD Million, 2016 – 2027)
Medical Thermometer Product Outlook (Revenue, USD Million, 2016 – 2027)
Medical Thermometer Point of Measurement Outlook (Revenue, USD Million, 2016 – 2027)
Medical Thermometer Regional Outlook (Revenue, USD Million, 2016 – 2027)
List of Key Players of Medical Thermometer Market
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.A based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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