Infrared thermometers are handheld, non-contact devices used to scan objects and measure surface temperatures without physical contact. They work by measuring the infrared energy emitted by an object and converting it to a temperature reading. Infrared thermometers are widely used in applications such as healthcare, industrial maintenance, security screening at airports, warehouses and other facilities. They allow for quick and easy temperature checks from a safe distance and are valuable screening tools during viral outbreaks.

The global infrared thermometer market is estimated to be valued at US$ 16.13 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

The increased demand for Global Infrared Thermometer Market Size owing to the ongoing COVID-19 pandemic is one of the key drivers of the market. Infrared thermometers play a vital role in screening for fevers which is one of the early symptoms of COVID-19. They allow for non-contact temperature checks and help reduce the spread of the virus through physical contact. With widespread applications in healthcare facilities, airports, manufacturing plants and other public places, the demand for infrared thermometers surged globally during the pandemic. Another driver is the growing adoption of infrared thermometers for industrial maintenance applications such as detecting hot spots in electrical panels and mechanical equipment to prevent equipment failure and downtime. Infrared thermometers provide a quick and convenient solution for remote temperature monitoring as part of predictive maintenance programs.

SWOT Analysis

Strength: Infrared thermometers are easy to use and non-invasive, allowing for quick temperature readings without direct contact with the body. They provide an accurate and reliable measurement of surface body temperature from the forehead. Infrared thermometers have also become more affordable over time.
Weakness: Infrared thermometers only measure surface temperature and not core body temperature. Environmental factors like room temperature can impact the surface temperature reading. They also require clear line of sight to the forehead to get an accurate reading and may not work well on people with thick hair or facial hair.
Opportunity: The coronavirus pandemic has increased demand for touchless thermometers for screening in public places like airports, offices and schools. Infrared thermometers allow for screening of large groups in a short time while avoiding direct contact. Governments and health organizations around the world recommend temperature screening as part of COVID-19 control measures.
Threats: Alternative touchless thermometers using thermal sensors are being developed which may compete with infrared thermometers. Competition from new low-cost domestic players in various markets can squeeze pricing and profit margins of established brands. Economic slowdowns can negatively impact sales in price sensitive markets.

Key Takeaways

The global infrared thermometer market is expected to witness high growth over the forecast period driven by increasing demand for touchless temperature screening during the ongoing COVID-19 pandemic. The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.

Regional analysis: Asia Pacific region currently dominates the market with countries like China, India, Japan and South Korea accounting for the largest shares. The region is expected to continue its lead supported by rising healthcare investments, increasing awareness regarding infrared thermometers, and expansion of virus screening programs across major Asian economies.

Key players: Key players operating in the infrared thermometer market are Becton, Dickinson and Company, Lohmann & Rauscher, Komal Health Care Pvt. Ltd., Paul Hartmann AG, DeRoyal Industries Inc., Tytex, Shandong Dermcosy Medical Co., Ltd., Smith & Nephew plc, Dynarex Corporation, Talent Healthcare, 3M and Datt Mediproducts Pvt. Limited. Major companies are focusing on new product launches and partnerships with public health organizations to strengthen their presence across global markets.

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