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Thermometer Market - By Product Type (Mercury-based, Mercury-free), Point of Measurement (Ear, Forehead, Oral), Interface (Contact, Contact free), Application (Medical, Industrial, Laboratory), End-Use (Hospitals and Clinics) & Global Forecast, 2024 - 203

Publisher Global Market Insights
Published Mar 19, 2024
Length 200 Pages
SKU # GMI18979688

Description

Thermometer Market - By Product Type (Mercury-based, Mercury-free), Point of Measurement (Ear, Forehead, Oral), Interface (Contact, Contact free), Application (Medical, Industrial, Laboratory), End-Use (Hospitals and Clinics) & Global Forecast, 2024 - 2032


Global Thermometer Market will record 6.1% CAGR between 2024 and 2032, driven by advancements in thermometer technology, including digital and infrared thermometers, coupled with the rising health awareness. With consumers increasingly prioritizing health monitoring, accurate temperature measurement has become crucial for early illness detection and food safety.

Additionally, innovations, such as smart thermometers and wireless connectivity are helping to cater to modern lifestyle needs. As individuals seek convenient and reliable temperature monitoring solutions, the demand for technologically advanced thermometers will surge, further driving the overall industry growth. For instance, in December 2022, ThermoPro introduced the ThermoPro Lightning One-Second Instant-Read Waterproof Meat Thermometer for offering rapid temperature readings and waterproof functionality for enhanced convenience.

The thermometer industry is fragmented into product type, point of measurement, interface, application, end-use, and region.

By application, the industrial segment will experience substantial growth by 2032. With stringent regulations governing workplace safety and increasing emphasis on monitoring processes in manufacturing, pharmaceuticals, and food processing, the demand for thermometers for industrial applications is growing. Additionally, advancements in temperature sensing technologies are helping cater to the specific requirements of industrial environments. As industries prioritize accuracy and reliability in temperature measurement, the segment will maintain its stronghold.

Based on end-use, the thermometer market from the home care settings segment will achieve a considerable share by 2032. As individuals increasingly prioritize health monitoring at home, the demand for user-friendly and accurate thermometers is growing. The aging population, rise in chronic diseases, and convenience of at-home health management are contributing to this trend. Moreover, technological advancements, including digital and smart thermometers to meet the evolving needs of consumers in home care settings along with the strong focus on proactive health management will add to the segment growth.

Asia Pacific thermometer industry will exhibit a noteworthy CAGR from 2024 to 2032. With the growing population, rising health awareness, and increasing adoption of digital healthcare devices, the demand for thermometers in the region is on the rise. Additionally, government initiatives to improve healthcare infrastructure have grown. The surging prioritization of healthcare advancements and technological innovations will also define the regional market expansion.

Table of Contents

200 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Data collection
1.4 Forecast parameters
1.5 Data validation
1.6 Data sources
1.6.1 Primary
1.6.2 Secondary
1.6.2.1 Paid sources
1.6.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Increasing prevalence of infectious diseases
3.2.1.2 Rapid advancements in thermometer technology
3.2.1.3 Rising awareness and demand for self-healthcare devices
3.2.2 Industry pitfalls & challenges
3.2.2.1 Stringent regulatory policies
3.2.2.2 Accuracy limitations of the infrared thermometers
3.3 Growth potential analysis
3.4 Regulatory landscape
3.5 Reimbursement scenario
3.6 Technological landscape
3.7 Porter's analysis
3.7.1 Supplier power
3.7.2 Buyer power
3.7.3 Threat of new entrants
3.7.4 Threat of substitutes
3.7.5 Industry rivalry
3.8 PESTEL analysis
3.9 Policy landscape
3.10 Future market trends
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company matrix analysis
4.3 Company market share analysis
4.4 Competitive positioning matrix
4.5 Strategy dashboard
Chapter 5 Market Estimates and Forecast, By Product Type, 2018 - 2032 ($ Mn)
5.1 Key trends
5.2 Mercury-based thermometers
5.3 Mercury-free thermometers
5.3.1 Infrared thermometers
5.3.2 Digital thermometer
5.3.3 Other mercury-free thermometers
Chapter 6 Market Estimates and Forecast, By Point of Measurement, 2018 - 2032 ($ Mn)
6.1 Key trends
6.2 Ear
6.3 Forehead
6.4 Oral
6.5 Other point of measurements
Chapter 7 Market Estimates and Forecast, By Interface, 2018 - 2032 ($ Mn)
7.1 Key trends
7.2 Contact
7.3 Contact free
Chapter 8 Market Estimates and Forecast, By Application, 2018 - 2032 ($ Mn)
8.1 Key trends
8.2 Medical
8.3 Industrial
8.4 Food
8.5 Laboratory
8.6 Other applications
Chapter 9 Market Estimates and Forecast, By End-Use, 2018 - 2032 ($ Mn)
9.1 Key trends
9.2 Hospitals and clinics
9.3 Home care settings
9.4 Other end-users
Chapter 10 Market Estimates and Forecast, By Region, 2018 - 2032 ($ Mn)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia
10.4.5 South Korea
10.4.6 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.5.4 Rest of Latin America
10.6 Middle East and Africa
10.6.1 Saudi Arabia
10.6.2 South Africa
10.6.3 UAE
10.6.4 Rest of Middle East and Africa
Chapter 11 Company Profiles
11.1 3M Company
11.2 A&D Company, Limited
11.3 American Diagnostics Corporation
11.4 Baxter International
11.5 Briggs Healthcare
11.6 DONGGUAN ACTHERM MEDICAL CORP
11.7 Exergen Corporation
11.8 Fairhaven Health
11.9 Medline Industries, LP
11.10 Medtronic, Inc
11.11 Microlife Corporation
11.12 Omron Healthcare, Inc.
11.13 RG Medical Diagnostics (RGMD)
11.14 Terumo Corporation

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