Medical Thermometers - Global Strategic Business Report

The global market for Medical Thermometers is estimated at US$1.7 Billion in 2023 and is projected to reach US$2.6 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the medical thermometers market is driven by several factors. The increasing awareness of health and hygiene, particularly in the wake of global health crises like the COVID-19 pandemic, has heightened the demand for reliable and quick temperature measurement tools. The growing prevalence of chronic diseases and the need for regular health monitoring also contribute to market expansion. Technological advancements that improve the accuracy, ease of use, and connectivity of thermometers are attracting a wider user base, including families and healthcare facilities.

The use of non-contact thermometers or infrared thermometers is on the rise due to their advantages, which include non-invasive and fast measurement of temperature, among others. This makes them ideal for use during pandemic or other infectious disease situations, where dependable and accurate measurement of temperature is critical. The expanding healthcare infrastructure in developing regions, coupled with increasing consumer health consciousness, further supports the robust growth of the medical thermometers market, making them indispensable tools in modern healthcare and everyday health management.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Digital Thermometers segment, which is expected to reach US$1.4 Billion by 2030 with a CAGR of a 7.2%. The Infrared Thermometers segment is also set to grow at 6.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $577.0 Million in 2023, and China, forecasted to grow at an impressive 10.5% CAGR to reach $329.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Medical Thermometers Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medical Thermometers Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Medical Thermometers Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as A&D Medical, American Diagnostic Corporation, Cardinal Health, Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 185 Featured):

• A&D Medical
• American Diagnostic Corporation
• Cardinal Health, Inc.
• Easywell Biomedicals, Inc.
• Exergen Corporation
• Geratherm Medical AG
• Hicks Thermometers (India) Ltd.
• Microlife Corporation
• Omron Healthcare, Inc.
• RG Medical Diagnostics
• Terumo Corporation