The U.S. medical thermometer market size is expected to reach USD 653.0 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 28.7% over the forecast period. Increasing cases of COVID-19, malaria, influenza, and norovirus along with other medical conditions are driving the product demand for the assessment of precise body temperature.
In
addition, growing demand for Non-contact Clinical Electronic Thermometers
(NCITs) is expected to boost market growth. As compared to contact type thermometer,
NCITs are more frequently used in various infectious diseases including
COVID-19, as components of the contact type, clinical thermometer poses high
risks of infection.
Moreover,
the introduction of new products and incorporation of new technologies by market
players are likely to boost the market growth during the forecast period. For
instance, MicroLife is the first company to launch ‘Silent Glow Technology”,
which shows red light if the temperature exceeds 37.4 degree Celsius.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/us-medical-thermometer-market
U.S. Medical
Thermometer Market Report Highlights
- Based on
devices, the market is segmented into mercury-based and mercury-free.
Mercury-free was the leading device segment with a share of over 60.6% in
2019
- The segment
is projected to retain its dominant position over the forecast years on
account of to the benefits of these devices, such as accurate readings
& low chances of cross-infection, as well as rising prevalence of
diseases such as fever and flu
- The
mercury-free segment is further divided into infrared radiation, digital,
and other thermometers and is projected to expand at the fastest CAGR over
the forecast period
- Some of the
key players operating in the market are Medline Industries, Inc.; 3M;
Welch Allyn; America Diagnostics Corp.; A&D Medical; Exergen
Corporation, and MicroLife Corporation
- Market
participants are trying to gain competitive advantage by providing
technologically advanced products, such as Bluetooth-enabled thermometers
and multifunctional NCITs
- For instance,
in April 2020, Kinsa, Inc., distributed around 7,500 Bluetooth-enabled smart
thermometers, which can pair up with smartphone apps and allow tracking of
real-time COVID-19 hot spots across the U.S.
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U.S. Medical
Thermometer Market Segmentation
Grand View Research has
segmented the U.S. medical thermometer market on the basis of device:
U.S. Medical
Thermometer Device Outlook (Revenue, USD Million, 2016 - 2027)
- Mercury-free
- Infrared Radiation Thermometer
- Digital Thermometers
- Others
- Mercury-based
List of Key
Players of U.S. Medical Thermometer Market
- America Diagnostics Corp.
- Easywell Biomedicals, Inc.
- Cardinal Health
- Compumedics Ltd.
- Terumo Corp.
- McKesson Corp.
- Medical Indicators, Inc.
- Mediaid, Inc.
- Medline Industries, Inc.
- 3M (Nexcare)
- Welch Allyn
- A&D Medical
- Exergen Corporation
- Microlife Corporation
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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