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Medical Thermometer Market is expanding at a CAGR of 18.0% from 2020 to 2027 owing to increasing cases of COVID-19, influenza, and other medical conditions | Grand View Research, Inc.

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Medical Thermometer Market is expanding at a CAGR of 18.0% from 2020 to 2027 owing to increasing cases of COVID-19, influenza, and other medical conditions | Grand View Research, Inc.

December 04
15:16 2020
Medical Thermometer Market is expanding at a CAGR of 18.0% from 2020 to 2027 owing to increasing cases of COVID-19, influenza, and other medical conditions | Grand View Research, Inc.

Grand View Research, Inc. – “Market Research And Consulting”.
According to report published by Grand View Research The global medical thermometer market size is anticipated to reach USD 1.0 billion by 2027, expanding at a CAGR of 18.0%.

The global medical thermometer market size is anticipated to reach USD 1.0 billion by 2027, expanding at a CAGR of 18.0%, according to a new report by Grand View Research, Inc. An increase in the prevalence of viral diseases such as COVID-19, Influenza, Norovirus, and other medical conditions is driving the market. A growing number of medical conditions such as, dengue, swine flu, and malaria that requires precise body temperature assessment for deciding the treatment options is driving the market. According to the WHO, in 2018, more than 228.0 million cases of malaria globally, and 405,000 deaths were recorded. Symptoms of malaria include fever and chills. Therefore, with the increasing prevalence of such diseases, is driving the market.

Moreover, growing demand for contactless thermometers such as infrared electronic thermometers after the breakthrough of COVID- 19 pandemic is expected to boost the market growth. As compared to contact type, Non-contact Infrared Thermometers (NCITs) are frequently used in COVID-19 pandemic and other infectious diseases. Since there is a high risk of infection via components of the contact type temperature measuring devices. Therefore, the adoption of NCITs has increased.

 

Medical-Thermometer-Market-Size-Share-Trend-and-Segment-Forecast

 

Get PDF sample copy with TOC of Global Medical Thermometer Market Research Report @ Global Medical Thermometer Market Size Report, 2020-2027 (grandviewresearch.com)

 

Furthermore, the introduction of new products and the integration of new technologies by market players are expected to boost market growth during the forecast period. For instance, MicroLife launched Bluetooth-enabled forehead thermometer, which reflects temperature readings on smartphones. 

Medical Thermometer Market Report Highlights

  • Based on patient demographic, the adult’s segment dominated the market with a revenue share of 60.0% in 2019, as adults are more prone to infectious diseases due to comorbid conditions which lower their immune systems
  • On the basis of the product, the digital segment dominated the market with a revenue share of 46.2% in 2019. This can be attributed to the benefits of the device such as accurate readings and low chances of cross-infection
  • Based on the point of measurement, the ear segment dominated the market with a revenue share of 25.9% in 2019. As in-ear measurement responds quickly if there is a slight change in temperature than other points of measurement
  • North America dominated the market with the highest revenue share of 35.1% in 2019 owing to the presence of well-established healthcare facilities and increasing incidences of infectious diseases such as COVID-19 and Influenza in the region.

 

Medical-Thermometer-Market-Size-Share-Trend-and-Segment-Forecast

 

For Purchase Options or any Inquire about Medical Thermometer Market please visit @: Inquiry before buying Grand View Research San Francisco California 

 

Medical Thermometer Market Segmentation

Grand View Research has segmented the global medical thermometer market on the basis of patient demographic, product, point of measurement, and region:

Medical Thermometer Patient Demographic Outlook (Revenue, USD Million, 2016 – 2027)

  • Pediatrics
  • Adults

Medical Thermometer Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Infra-red Radiation
  • Digital
  • Others

Medical Thermometer Point of Measurement Outlook (Revenue, USD Million, 2016 – 2027)

  • Ear
  • Forehead
  • Oral
  • Anal
  • Ambient
  • Others

Medical Thermometer Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Colombia
  • The Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Medical Thermometer Market

  • America Diagnostics Corporation
  • Easywell Biomedicals, Inc.
  • Cardinal Health
  • Compumedics Ltd.
  • Terumo Corporation
  • McKesson Corporation
  • Medical Indicators Inc.
  • Mediaid, Inc.

 

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.A based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/medical-thermometers-market

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