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.
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.
Full Research Report On Medical Thermometer Market Visit Here:
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Medical
Thermometer Market Report Highlights
- Based on
patient demographic, the adult's segment dominated the market with a
revenue share of 60.0% in 2019, as adults are more prone to infectious
diseases due to comorbid conditions which lower their immune systems
- On the basis
of the product, the digital segment dominated the market with a revenue
share of 46.2% in 2019. This can be attributed to the benefits of the
device such as accurate readings and low chances of cross-infection
- Based on the
point of measurement, the ear segment dominated the market with a revenue
share of 25.9% in 2019. As in-ear measurement responds quickly if there is
a slight change in temperature than other points of measurement
- North America
dominated the market with the highest revenue share of 35.1% in 2019 owing
to the presence of well-established healthcare facilities and increasing
incidences of infectious diseases such as COVID-19 and Influenza in the
region.
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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)
- Pediatrics
- Adults
Medical
Thermometer Product Outlook (Revenue, USD Million, 2016 - 2027)
- Infra-red Radiation
- Digital
- Others
Medical
Thermometer Point of Measurement Outlook (Revenue, USD Million, 2016 - 2027)
- Ear
- Forehead
- Oral
- Anal
- Ambient
- Others
Medical
Thermometer Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Mexico
- Brazil
- Argentina
- Colombia
- The Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
List of Key
Players of Medical Thermometer Market
- America Diagnostics Corporation
- Easywell Biomedicals, Inc.
- Cardinal Health
- Compumedics Ltd.
- Terumo Corporation
- McKesson Corporation
- Medical Indicators Inc.
- Mediaid, Inc.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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