Global Medical Thermometer Market Size, Trends and Growth Opportunity, by Product Type (Mercury-based and Mercury-free), End User (Hospitals, Clinics, and Other End Users), and By Region and forecast till 2027.
Report ID : IR100665 | Industries : Healthcare | Published On :May 2024 | Page Count : 240
Global Medical Thermometer Market Size, Trends and Growth Opportunity, by Product Type (Mercury-based and Mercury-free), End User (Hospitals, Clinics, and Other End Users), and By Region and forecast till 2027.
Global Medical Thermometer Market
Global Medical Thermometer Market was valued at USD 1.3 billion in 2022 and is slated to reach at USD 3.6 billion by 2027 at a CAGR of 6.35% from 2022-2027.
Medical thermometer is the type of temperature monitoring device which is used to monitor the human body temperature. These are divided into various types such as mercury based, infrared, digital, and others. Temperature monitoring is very essential to avoid hypothermia and hyperthermia situations. Also temperature measurement is essential to avoid any antigenic response, inflammation, or infection.
Market Drivers
Increase in applications of thermometer in temperature monitoring for medical purposes which expected to boost the global medical thermometer market growth. Furthermore, continuous advancements in temperature monitoring devices will positively contribute the market growth. Also, increase in healthcare expenditure and rise in awareness regarding health will boost the market growth. Moreover, rise in number of medical conditions and disorders are requiring precise measurement of body temperature for deciding treatment option will drive the market growth during this forecast period. Additionally, rise in COVID 19 pandemic across the globe will fuel the market growth. Fever is the most common symptom of corona virus infection which is expected to propel the market growth.
Market Restraints
However, stringent governing policies by regularity healthcare authority are considered as the major challenging factor which expected to hinder the global medical thermometer market growth during this analysis period.
Impact of COVID-19
The COVID-19 pandemic increased market growth by 8.3% in 2021 as a result of an increase in COVID patients and a shortage of medical supplies brought on by the global lockdown. Due to the strong demand for thermometers caused by the COVID-19 epidemic, there were numerous chances for market participants to invest in the market by expanding the manufacturing facility. The thermometer's sales are also boosted by this element.
Recent development
Bcool, the battery-free, mercury-free, eco-friendly connected thermometer, was introduced by Baracoda in January 2022. The Hicks DT-12 digital thermometer with memory and beeper was introduced by Hick in July 2021.
At the medical show in Mumbai, India, in June 2022, Exergen Corporation introduced the TAT-2000 for professionals and the TAT-2000C for consumers. Detel Pro introduced the DT09 digital thermometer in July 2020. The calibration mode on this clever digital thermometer helps to adjust the temperature in accordance with the surroundings.
Market Segmentation
Global Medical Thermometer Market is segmented into product type such as Mercury Based, Mercury Free, Infrared Thermometer, Digital Thermometer, and Others. Further, market is segmented into end user such as Hospitals, Clinics, and Others.
Regional Analysis
Also, Global Medical Thermometer Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market key Players
Various key players are discussed in this report such as Omron Healthcare, Inc, Good Neighbor Pharmacy, RADIANT INNOVATION INC., Fairhaven Health, LLC, Innovo Medical, 3M, TERUMO CORPORATION, and Citizen Systems, Exergen Corporation.
Market Taxonomy
By Product Type
• Mercury Based
• Mercury Free
• Infrared Thermometer
• Digital Thermometer
• Others
By End User
• Hospitals
• Clinics
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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Global Medical Thermometer Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medical Thermometer Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medical Thermometer Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Medical Thermometer Market Share Analysis, By Product Type
5.3 Global Medical Thermometer Market Size and Forecast, By Product Type
5.3.1 Mercury Based
5.3.2 Mercury Free
5.3.3. Infrared Thermometer
5.3.4. Digital Thermometer
5.3.5. Others
6 Global Medical Thermometer Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Medical Thermometer Market Share Analysis, By End User
6.3 Global Medical Thermometer Market Size and Forecast, By End User
6.3.1 Hospital
6.3.2 Clinics
6.3.3 Others
7Global Medical Thermometer Market, By Region
7.1 Global Medical Thermometer Market Share Analysis, By Region
7.2 Global Medical Thermometer Market Share Analysis, By Region
7.3 Global Medical Thermometer Market Size and Forecast, By Region
8North America Medical Thermometer Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Medical Thermometer Market Share Analysis, By Product Type
8.3 North America Medical Thermometer Market Size and Forecast, By End User
8.4 North America Medical Thermometer Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Medical Thermometer Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Medical Thermometer Market Share Analysis, By Product Type
9.3 Europe Medical Thermometer Market Size and Forecast, By End User
9.4 Europe Medical Thermometer Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Medical Thermometer Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Medical Thermometer Market Share Analysis, By Product Type
10.3 Asia Pacific Medical Thermometer Market Size and Forecast, By End User
10.4 Asia Pacific Medical Thermometer Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Medical Thermometer Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Medical Thermometer Market Share Analysis, By Product Type
11.3 Latin America Medical Thermometer Market Size and Forecast, By End User
11.4 Latin America Medical Thermometer Market Size and Forecast, By Country
12Middle East Medical Thermometer Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Medical Thermometer Market Share Analysis, By Product Type
12.3 Middle East Medical Thermometer Market Size and Forecast, By End User
12.4 Middle East Medical Thermometer Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 Omron Healthcare, Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Good Neighbor Pharmacy
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 RADIANT INNOVATION INC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Fairhaven Health, LLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Innovo Medical
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 3M
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 TERUMO CORPORATION
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Citizen Systems
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Exergen Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
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