Thermometer Market Size, Share, Growth Analysis, By Product(Mercury-based Thermometers, Mercury-free Thermometers), By Application(Medical, Industrial, Food, Laboratory), By Region - Industry Forecast 2024-2031

The creation of new products as well as mergers and acquisitions are among these businesses' main strategic endeavors to meet the expanding consumer needs. The leading firms' primary methods for gaining the largest market share and surviving competition in the industry also include the launch of innovative and cost-effective alternatives. Along with several acquisitions, the businesses are also growing regionally to serve the untapped thermometer market. For instance, Exergen Corporation unveiled the PEKO thermal dynamic management solution in January 2019. With the help of this technology, firms will be able to expand their industrial operations without risk, as long as the processing temperatures remain within the specified ranges. Therefore, it is anticipated that such activities will increase the company's market revenue during the anticipated term.

Top Players in the Global Thermometer Market

• Braun GmbH
• Microlife Corporation
• Omron Healthcare
• Geratherm Medical AG
• Kaz Inc.
• Beurer GmbH
• Exergen Corporation
• A&D Medical
• Hicks Thermometers India Limited
• Mabis Healthcare Inc.
• Easytem Co. Ltd.
• Welch Allyn Inc.
• Briggs Healthcare
• Thermofisher Scientific
• Riester GmbH
• American Diagnostic Corporation
• Choicemmed
• Medline Industries Inc.
• Rossmax International Ltd.
• Hua'an Medical Equipment Co. Ltd.

Thermometer Market Recent Development

• In July 2021, iGear, a renowned Indian brand for gadgets and smartphone accessories, announced the launch of its fully automated contactless infrared thermometer. The product - Thermo Check - can be mounted on a wall or on a tripod at the entrances of various institutions to monitor the temperatures of visitors completely autonomously.
• In January 2021, Fitgo announced the launch of a new range of infrared thermometers equipped with the latest technology. These new thermometers are equipped with a backlit display, fever alarm, memory recalls, and other advanced features.
• In May 2020, Worldwide Care Capital Corp's portfolio organization ViraxClear in a joint endeavor with Shanghai Biotechnology Devices Ltd concluded a Letter Of Intent (LOI) with Phyto Pharma Ltd for the stock of 5,000 FDA Registered and CE stamped infrared thermometer units available to be purchased in North Africa.