Global Thermometers Market 2017-2021
A thermometer is an instrument used for measuring temperature. It consists of a narrow, sealed glass tube marked with graduations and contains mercury or alcohol through the expansion or contraction of which the temperature is measured. Other temperature measuring technologies such as infrared radiation or thermocouple may also be used for measurement. Clinical thermometers are used for the measurement of body temperature. The temperature readings can be obtained from the forehead, sublingual, underarms, or the ear.
Technavio’s analysts forecast the global thermometers market to grow at a CAGR of 7.08% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global thermometers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Thermometers Market 2017-2021
Technavio recognizes the following companies as the key players in the global thermometers market: 3M, Innovo Medical, Omron Healthcare, and Terumo Medical Corporation.
Other Prominent Vendors in the market are: A&D Medical, American Diagnostic Corporation, CITIZEN SYSTEM, EASYWELL BIOMEDICAL, Exergen Corporation, Fluke, HICKS Thermometer, KAZ, Microlife, RG Medical Diagnostics, Thermo Products, and Welch Allyn.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing customer base. The wide and growing application areas of the thermometer are increasing the customer base. Thermometers are used in industrial applications and in healthcare. Healthcare is a prominent user of the liquid-filled and the digital thermometers for the measurement of body temperature. With the growth in healthcare facilities, the demand is only set to increase in the future.”
According to the report, one driver in the market is growing number of disease outbreaks and medical conditions. Disease outbreak is the prevalence of a disease beyond the normal rate in a specific community, region, or season. A disease outbreak can be caused by the spread of a communicable disease or a new infection caused by a bacterium or virus. Disease outbreaks are a major healthcare concern today. In 2016, the major disease outbreaks were the Zika virus disease, smallpox, human monkeypox, and Ebola virus disease.
Further, the report states that one challenge in the market is high cost of digital and infrared thermometer. The thermometer is one of the most common medical devices used in home healthcare and hospitals, to measure the body temperature. It is commonly used during health check-ups or for the maintenance of patient data during a treatment period. It is also used in the food and beverage industry and the pharmaceutical and biotechnology research industry. Due to the increased use of the thermometer in various industries, the availability and price of the product get affected, which impact product purchase.
3M, Innovo Medical, Omron Healthcare, Terumo Medical Corporation, A&D Medical, American Diagnostic Corporation, CITIZEN SYSTEM, EASYWELL BIOMEDICAL, Exergen Corporation, Fluke, HICKS Thermometer, KAZ, Microlife, RG Medical Diagnostics, Thermo Products, Welch Allyn