Medical Thermometers Market is driven by rising prevalence of infectious diseases
The medical thermometer market consists of devices used for the measurement of human body temperature. Thermometers designed for medical purposes are more accurate and provide precise results as compared to ordinary thermometers. The two main types of medical thermometers available are mercury-containing thermometers and non-mercury (digital or infrared) thermometers. Mercury-containing thermometers have been used conventionally, however, due to safety and environmental concerns, non-mercury thermometers are gaining more popularity. Digital thermometers give fast, precise temperature readings and have rechargeable batteries with memory functions. Medical Thermometer Market Growth are completely non-invasive and provide temperature readings by measuring the infrared energy detected by the human body without any contact.
The Global Medical Thermometer Market is estimated to be valued at US$ 3.86 Bn in 2024 and is expected to exhibit a CAGR of 8.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the medical thermometer market are Medline Industries, Inc., Welch Allyn, Medtronic, OMRON Corporation, America Diagnostics Corporation, 3M Company, Microlife Corporation, Briggs Healthcare, Exergen Corporation, Terumo Corporation, Medtronic PLC, Geratherm Medical AG, Exergen Corporation, A&D Company, Limited, BPL Medical Technologies, Rossmax International Ltd., and Radiant Innovation Inc. These players are focused on developing innovative product types to cater to changing customer requirements.
The growing prevalence of infectious diseases worldwide is generating significant demand for medical thermometers. According to the World Health Organization (WHO), infectious diseases account for approximately 26% of global deaths annually. COVID-19 pandemic has further increased the need for thermometers for detection of fever symptoms.
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