What is the global market size of Medical Thermometer Market?

Medical Thermometer Market size was valued at USD 1.41 billion in 2021 and is poised to grow from USD 1.78 billion in 2022 to USD 4.19 billion by 2030, at a CAGR of 11.29% during the forecast period (2023-2030).

Medical Thermometer Companies

Q: What is the key driver of Global Medical Thermometer Market?

The global healthcare landscape has been significantly impacted by the outbreaks of infectious diseases such as COVID-19, influenza, and other respiratory illnesses. The need for accurate and early detection of fever, a common symptom of these diseases, has driven the demand for medical thermometers. Healthcare professionals, as well as individuals, recognize the importance of monitoring body temperature to identify potential infections and take appropriate measures for treatment and containment. This driver has led to an increased adoption of medical thermometers in hospitals, clinics, and home healthcare settings, thereby positively influencing the growth of the market.

Medical Thermometer Market Competitive Landscape

The Global Medical Thermometer Market features a highly competitive landscape with the presence of several key players. Some of the prominent players in the market focus on product innovation and quality advancements to gain a competitive edge. They invest significantly in research and development to introduce new features and functionalities in their product solutions. Additionally, strategic partnerships, collaborations, and acquisitions are common strategies employed by these players to expand their market presence and enhance their product portfolios. With the growing demand for health consciousness and accuracy, the competition among these players intensifies, leading to continuous advancements and improvements in the market offerings.

Medical Thermometer Market Top Player’s Company Profile

Omron Corporation (Japan)

Braun (Germany)

Exergen Corporation (US)

Terumo Corporation (Japan)

Welch Allyn (US)

Geratherm Medical AG (Germany)

Microlife Corporation (Switzerland)

Paul Hartmann AG (Germany)

Beurer GmbH (Germany)

Kaz USA, Inc. (US)

American Diagnostic Corporation (US)

Innovo Medical (US)

Easywell Biomedicals, Inc. (Taiwan)

Hicks Thermometers India Ltd. (India)

Citizen Systems Japan Co., Ltd. (Japan)

Mediaid Inc. (US)

3M (US)

Tecnimed Srl (Italy)

Radiant Innovation Inc. (US)

A&D Company, Limited (Japan)

Medical Thermometer Market

FAQs

Medical Thermometer Market size was valued at USD 1.78 Billion in 2022 and is poised to grow from USD 1.98 Billion in 2023 to USD 4.66 Billion by 2031, at a CAGR of 11.29% during the forecast period (2024-2031).

The Medical Thermometer Market features a highly competitive landscape with the presence of several key players. Some of the prominent players in the market focus on product innovation and quality advancements to gain a competitive edge. They invest significantly in research and development to introduce new features and functionalities in their product solutions. Additionally, strategic partnerships, collaborations, and acquisitions are common strategies employed by these players to expand their market presence and enhance their product portfolios. With the growing demand for health consciousness and accuracy, the competition among these players intensifies, leading to continuous advancements and improvements in the market offerings. 'Omron Corporation (Japan)', 'Braun (Germany)', 'Exergen Corporation (US)', 'Terumo Corporation (Japan)', 'Welch Allyn (US)', 'Geratherm Medical AG (Germany)', 'Microlife Corporation (Switzerland)', 'Paul Hartmann AG (Germany)', 'Beurer GmbH (Germany)', 'Kaz USA, Inc. (US)', 'American Diagnostic Corporation (US)', 'Innovo Medical (US)', 'Easywell Biomedicals, Inc. (Taiwan)', 'Hicks Thermometers India Ltd. (India)', 'Citizen Systems Japan Co., Ltd. (Japan)', 'Mediaid Inc. (US)', '3M (US)', 'Tecnimed Srl (Italy)', 'Radiant Innovation Inc. (US)', 'A&D Company, Limited (Japan)'

The healthcare landscape has been significantly impacted by the outbreaks of infectious diseases such as COVID-19, influenza, and other respiratory illnesses. The need for accurate and early detection of fever, a common symptom of these diseases, has driven the demand for medical thermometers. Healthcare professionals, as well as individuals, recognize the importance of monitoring body temperature to identify potential infections and take appropriate measures for treatment and containment. This driver has led to an increased adoption of medical thermometers in hospitals, clinics, and home healthcare settings, thereby positively influencing the growth of the market.

Increasing adoption of smart and connected thermometers: The growing popularity of the Internet of Things (IoT), smart and connected thermometers are gaining significant traction in the market. These thermometers are equipped with features such as wireless connectivity, smartphone integration, and data tracking capabilities. Smart thermometers can sync with mobile applications, allowing users to conveniently monitor and track their temperature readings over time. They provide real-time temperature data, historical trends, and personalized health insights. These features make them particularly appealing for individuals seeking to manage their health proactively.

North America dominates the medical thermometer market in terms of market share. The region's leading position can be attributed to several factors. Firstly, North America has a high adoption rate of advanced healthcare technologies and a well-established healthcare infrastructure. The region is home to some of the world's leading medical device manufacturers and healthcare institutions, which contribute to the demand for medical thermometers. Additionally, the increasing healthcare spending in North America, coupled with the rising prevalence of infectious diseases and the need for accurate temperature measurement devices, has boosted the market growth. Moreover, the presence of stringent regulations and standards for medical devices in the region ensures the use of high-quality and reliable medical thermometers.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Medical Thermometer Market Size, Share, Growth Analysis, By Type(Digital thermometers, infrared thermometers, mercury-based thermometers, disposable thermometers), By End-user(Hospitals, clinics, home healthcare), By Region - Industry Forecast 2024-2031

Medical Thermometer Market Competitive Landscape

Medical Thermometer Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Medical Thermometer Market Size, Share, Growth Analysis, By Type(Digital thermometers, infrared thermometers, mercury-based thermometers, disposable thermometers), By End-user(Hospitals, clinics, home healthcare), By Region - Industry Forecast 2024-2031

Medical Thermometer Market Competitive Landscape

Medical Thermometer Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Medical Thermometer Market?

Who are the key vendors in the Medical Thermometer Market?

What is the key driver of Medical Thermometer Market?

What is the key market trend for Medical Thermometer Market?

Which region accounted for the largest share in Medical Thermometer Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300