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The global medical thermometer market size was USD 426.6 Million in 2022 and is expected to register a revenue CAGR of 7.8% over the forecast period, according to the latest report by Reports and Data.
The COVID-19 pandemic has raised demand for medical thermometers due to the requirement for frequent temperature monitoring to diagnose the virus. The need for thermometers has increased as a result of strict screening procedures implemented by governments around the world in workplaces, public spaces, and airports.
Furthermore, the prevalence of chronic disorders such as diabetes, cancer, and cardiovascular problems necessitates a growing demand for medical thermometers. These patients' body temperatures must be monitored. As a result, there is a greater demand for rapid, accurate non-contact infrared thermometers that do not touch the patient's skin, reducing the danger of cross-infection.
The market is booming because to the growing popularity of Home Healthcare, since patients prefer to check their temperature at home using personal thermometers. As a result, practical, portable thermometers with exact readings and simple operation have been developed.
Additionally, the increasing market revenue can be attributed to technological advancements in medical thermometers, including wireless and Bluetooth-enabled devices that can connect to smartphones and other gadgets. This connectivity facilitates Remote Patient Monitoring, reducing the necessity for frequent hospital visits while providing a simple means to measure body temperature accurately.
Key players in the industry are investing significantly in research and development to create sophisticated medical thermometers that offer fast and precise temperature monitoring. For example, Medline Industries Inc. introduced a new medical thermometer in 2019, which utilizes infrared technology to provide precise temperature readings in a matter of seconds. Such innovations continue to drive the growth of the market.
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Some of the prominent players profiled in the global medical thermometer market include Braun GmbH, Omron Healthcare Inc, 3M Company, Geratherm Medical AG, Terumo Corporation, Microlife Corporation, Welch Allyn Inc, Exergen Corporation, Kinsa Inc, and Vyaire Medical Inc.
Some Key Highlights from the Report
• The contact thermometer segment is estimated to dominate the global medical thermometer market by 2023. The cost and convenience of contact thermometers fuel market revenue development in this sector. Because of its low cost, precision, and ease of use, the touch thermometer is widely utilized in clinics, hospitals, and households. It is one of the most commonly used medical equipment for measuring body temperature. To measure body temperature, the device can be placed under the tongue, armpit, or rectum. Touch thermometers are also popular among parents for checking their children's body temperatures. Furthermore, the increased frequency of infectious diseases and the need for frequent body temperature monitoring in hospitals and clinics are projected to drive demand for contact thermometers throughout the projection period.
• The oral segment contributed significantly to sales in 2021. The oral thermometer is widely used in homes and medical facilities due to its accuracy and simplicity. Placing the thermometer under the tongue is a simple and inexpensive approach to assess body temperature. The oral thermometer is commonly used in hospitals and clinics and can be used on both children and adults. The low price and simplicity of oral thermometers fuel market revenue development in this category. Furthermore, demand for oral thermometers is likely to be driven by increased awareness of the need of tracking body temperature in homes and healthcare settings throughout the forecast period.
• The United States, the largest market in North America for medical thermometers, is likely to continue to contribute significantly to market growth. The region's market expansion is mostly due to increased demand for medical thermometers caused by the region's rising incidence of infectious diseases such as COVID-19. Furthermore, the market in this region is predicted to grow as people become more aware of the need of early disease detection and diagnosis, as healthcare infrastructure improves, and as healthcare prices rise.
• Braun introduced the ThermoScan 7, a new ear thermometer with better accuracy and a color-coded fever indicator to assist customers in interpreting their temperature readings, in 2021. The device also has a pre-warmed tip for added comfort.
• Omron Healthcare introduced the MC-720 Non-Contact Forehead Thermometer in 2021, a novel thermometer that employs infrared technology to assess body temperature without touching the skin. The device is simple to use and gives reliable temperature readings in less than a second.
• Braun GmbH: In 2021, Braun introduced the ThermoScan 7, a new ear thermometer with increased accuracy and a color-coded fever indicator to assist consumers in interpreting temperature readings. The device also has a pre-warmed tip for added comfort.
• Omron Healthcare, Inc.: In 2021, Omron Healthcare released the MC-720 Non-touch Forehead Thermometer, a novel thermometer that employs infrared technology to monitor body temperature without making touch with the user. The device is simple to use and gives reliable temperature readings in less than a second.
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For the purpose of this report, Reports and Data has segmented the global medical thermometer market on the basis of Type Outlook, Application Outlook, and Regional Outlook:
Type Outlook (Revenue, USD Million; 2022 - 2032)
• Contact Thermometers
• Digital
• Infrared
• Non-Contact Thermometers
• Mercury-based
Application Outlook (Revenue, USD Million; 2022 - 2032)
• Oral
• Rectal
• Ear
• Others
Regional Outlook (Revenue, USD Billion; 2022-2032)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Sweden
o BENELUX
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
o Israel
o Rest of MEA
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