At what pace is the medical thermometer market growing, and what is its estimated value?
The medical thermometer market size has grown rapidly in recent years. It will grow from $2.63 $ billion in 2024 to $2.98 $ billion in 2025 at a compound annual growth rate (CAGR) of 13.3%. The growth in the historic period can be attributed to rising patient awareness, growing geriatric population, increasing government support, increasing health consciousness, and increasing healthcare expenditure.
The medical thermometer market size is expected to see rapid growth in the next few years. It will grow to $4.83 $ billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to increasing demand for non-contact thermometers, increasing prevalence of infectious diseases, increasing incidence of viral diseases, increasing focus on digital thermometers, and increasing operations by emerging and small-sized players. Major trends in the forecast period include increasing adoption of smart and connected thermometers, technological advancements, integration of thermometers with internet of things (IoT) devices, and innovations in digital thermometers.
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What are the top drivers to the rising demand in the medical thermometer market?
The increasing prevalence of infectious diseases is expected to propel the growth of the medical thermometer market going forward. Infectious diseases are illnesses caused by pathogenic microorganisms such as bacteria, viruses, fungi, or parasites that can spread directly or indirectly from person to person. The increasing global travel, urbanization, climate change, and antimicrobial resistance contribute to the rapid spread and emergence of new pathogens. A medical thermometer is required for infectious disease treatment to accurately monitor and manage fever, which is crucial for evaluating the effectiveness of treatment and adjusting care plans. For instance, in July 2024, according to the data from the Australian Institute of Health and Welfare, an Australia-based government agency, over 362,600 hospitalizations were due to infectious diseases, with 92% attributed to non-notifiable diseases. Therefore, the increasing prevalence of infectious diseases is driving the medical thermometer market.
How is the medical thermometer market segmented?
The medical thermometermarket covered in this report is segmented –
1) By Product Type: Infrared Radiation Thermometers, Mercury Thermometers, Digital Thermometer
2) By Patient Demographic: Adults, Pediatrics
3) By Point Of Measurement: Ear, Forehead, Oral, Ambient, Anal
4) By Application: Hospitals, Clinics, Homes
Subsegments:
1) By Infrared Radiation Thermometers: Forehead Infrared Thermometers, Ear Infrared Thermometers, Surface Infrared Thermometers, Handheld Infrared Thermometers
2) By Mercury Thermometers: Clinical Mercury Thermometers, Household Mercury Thermometers, Industrial Mercury Thermometers
3) By Digital Thermometers: Oral Digital Thermometers, Rectal Digital Thermometers, Axillary Digital Thermometers, Non-Contact Digital Thermometers
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Who are the top competitors in the medical thermometer market?
Major companies operating in the medical thermometer market are McKesson Corporation, Cardinal Health Inc., F. Hoffmann-La Roche Ltd., 3M Company, Medline Industries Inc., Terumo Corporation, Hill-Rom Holdings Inc., Radiant Innovation Inc., Beurer GmbH & Co. KG, Briggs Medical Service Company, Exergen Corporation, Geratherm Medical AG, America Diagnostics Corporation, Medical Indicators Inc., A&D Company Limited, Easywell Biomedicals Inc., Kaz USA Inc., Tecnimed Srl, Hicks Thermometers India Limited, Mediaid Inc.
What significant trends should we anticipate in the medical thermometer market over the forecast period?
Major companies operating in the medical thermometer market are focusing on developing advanced products such as advanced temporal artery thermometers to provide quick, non-invasive temperature readings suitable for a wide range of users, including infants and adults. Advanced temporal artery thermometers are non-invasive devices that use infrared technology to measure body temperature by detecting heat emitted from the temporal artery on the forehead, providing quick and accurate readings suitable for all ages. For instance, in June 2022, Exergen, a US-based company that is a designer and manufacturer of infrared scanners, thermometers, and sensors, launched the TAT-2000 and TAT-2000C thermometers in India. The TAT-2000 and TAT-2000C thermometers are advanced temporal artery thermometers designed for quick and accurate non-invasive temperature measurements. Utilizing infrared technology, these devices capture heat emitted from the temporal artery, allowing for easy scanning across the forehead. With features like a soft-glow display, memory for the last eight readings, and silent mode, they cater to the growing demand for efficient and user-friendly solutions in the medical thermometer market.
Which regional trends are influencing the medical thermometer market, and which area dominates the industry?
North America was the largest region in the medical thermometer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical thermometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Medical Thermometer Market Report 2025 Offer?
The medical thermometer market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A medical thermometer is a device used to measure body temperature. It typically consists of a temperature-sensitive element (such as mercury, alcohol, or digital sensors) that responds to the heat emitted by the body, providing an accurate reading of an individual’s body temperature. The primary purpose of a medical thermometer is to monitor body temperature to detect if a person has a fever or is experiencing abnormal temperature fluctuations.
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