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Thermometer Market Size, Share & Trends Analysis Report By Product (Mercury-based, Mercury-free Thermometer), By Application (Medical, Industrial, Food, Laboratories), By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 110 Pages
  • February 2024
  • Region: Global
  • Grand View Research
  • ID: 4209751
Description Jump to:
The global thermometer market size is anticipated to reach USD 3.0 billion by 2030. The market is expected to expand at a CAGR of 8.2% from 2024 to 2030. Increase in demand for accurate medical devices and requirement of specific temperature conditions influences market growth. Rising cases of medical ailments involving accurate measurement of body temperature for the treatment planning, and requirement of specific temperature conditions in various industries is likely to heighten demand for thermometers during the forecast period. Rise in health consciousness coupled with increase in healthcare expenditure is also anticipated to fuel market growth further in coming decade.

Increasing prevalence of target diseases such as malaria, dengue, typhoid, and swine flu, which causes fever, is anticipated to be a high impact rendering driver of market. Malaria is one of the most fatal diseases and is one of the leading causes of death globally. According to the World Malaria Report 2019, an estimated 229 million cases of malaria were observed in 2019 globally. Furthermore, rapid technological advancements in temperature monitoring devices are also increasing the acceptance of these devices by people. For instance, in 2018, Optics developed advanced version of its compact infrared thermometers, which improved their speed and flexibility for industrial use. This is expected to boost the market growth during the forecast period.

Thermometer Market Report Highlights

  • The mercury-free thermometers segment led the market in 2023 with the largest revenue share of 69.1% and is anticipated to grow at the fastest CAGR of 10.5% during the forecast period.
  • The medical segment led the market with the largest revenue share of 28.1% in 2023. This can be attributed to presence of well-established healthcare infrastructure and high incidence of diseases requiring body temperature assessment.
  • North America dominated the market with a revenue share of 34.4% in 2023. Growing geriatric population and higher healthcare expenditure are some of the key contributing factors.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.1.1. Segment definitions
1.1.1.1. Product segment
1.1.1.2. Application segment
1.2. Regional Scope
1.3. Estimates and forecasts Timelines
1.4. Objectives
1.5. Research Methodology
1.6. Information Procurement List of Data Sources
1.6.1. Purchased database
1.6.2. Internal database
1.6.3. Secondary sources
1.6.4. Mercury-based thermometers research
1.7. Information or Data Analysis
1.7.1. Data analysis models
1.8. Market Formulation & Validation
1.9. Model Details
1.9.1. Commodity flow analysis
1.10. List of Secondary Sources
1.11. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Related/Ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Growing prevalance of target diseases
3.2.1.2. Rising demand for selfcare and increasing end-user awareness
3.2.1.3. Rapid technology advancements
3.2.2. Market restraint analysis
3.2.2.1. Accuracy issues with infrared thermometers
3.3. Industry Analysis Tools
3.3.1. Porter’s analysis
3.3.2. Pestel analysis
Chapter 4. Thermometer Market: Segment Analysis, By Product, 2018 - 2030 (USD Million)
4.1. Global Thermometer Market: Product Movement Analysis
4.2. Mercury-based Thermometers
4.2.1. Mercury-based thermometers market estimates and forecasts, 2018 - 2030 (USD Million)
4.3. Mercury-free Thermometers
4.3.1. Mercury-free thermometers market estimates and forecasts, 2018 - 2030 (USD Million)
4.3.2. Infrared radiation thermometers
4.3.2.1. Infrared radiation thermometers market estimates and forecasts, 2018 - 2030 (USD Million)
4.3.3. Digital thermometers
4.3.3.1. Digital thermometers market estimates and forecasts, 2018 - 2030 (USD Million)
4.3.4. Others
4.3.4.1. Others market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Thermometer Market: Segment Analysis, By Application, 2018 - 2030 (USD Million)
5.1. Global Thermometer Market: Application Movement Analysis
5.2. Medical
5.2.1. Medical market estimates and forecasts, 2018 - 2030 (USD Million)
5.3. Industrial
5.3.1. Industrial market estimates and forecasts, 2018 - 2030 (USD Million)
5.4. Food
5.4.1. Food market estimates and forecasts, 2018 - 2030 (USD Million)
5.5. Laboratory
5.5.1. Laboratory market estimates and forecasts, 2018 - 2030 (USD Million)
5.6. Others
5.6.1. Others market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Regional Business Analysis
6.1. Regional Market Snapshot
6.2. North America
6.2.1. North America thermometer market, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. thermometer market, 2018 - 2030 (USD Million)
6.2.2.2. Key country dynamics
6.2.2.3. Regulatory framework
6.2.2.4. Competitive scenario
6.2.3. Canada
6.2.3.1. Canada thermometer market, 2018 - 2030 (USD Million)
6.2.3.2. Key country dynamics
6.2.3.3. Regulatory framework
6.2.3.4. Competitive scenario
6.3. Europe
6.3.1. Europe thermometer market, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK thermometer market, 2018 - 2030 (USD Million)
6.3.2.2. Key country dynamics
6.3.2.3. Regulatory framework
6.3.2.4. Competitive scenario
6.3.3. Germany
6.3.3.1. Germany thermometer market, 2018 - 2030 (USD Million)
6.3.3.2. Key country dynamics
6.3.3.3. Regulatory framework
6.3.3.4. Competitive scenario
6.3.4. Spain
6.3.4.1. Spain thermometer market, 2018 - 2030 (USD Million)
6.3.4.2. Key country dynamics
6.3.4.3. Regulatory framework
6.3.4.4. Competitive scenario
6.3.5. France
6.3.5.1. France thermometer market, 2018 - 2030 (USD Million)
6.3.5.2. Key country dynamics
6.3.5.3. Regulatory framework
6.3.5.4. Competitive scenario
6.3.6. Italy
6.3.6.1. Italy thermometer market, 2018 - 2030 (USD Million)
6.3.6.2. Key country dynamics
6.3.6.3. Regulatory framework
6.3.6.4. Competitive scenario
6.3.7. Denmark
6.3.7.1. Denmark thermometer market, 2018 - 2030 (USD Million)
6.3.7.2. Key country dynamics
6.3.7.3. Regulatory framework
6.3.7.4. Competitive scenario
6.3.8. Sweden
6.3.8.1. Sweden thermometer market, 2018 - 2030 (USD Million)
6.3.8.2. Key country dynamics
6.3.8.3. Regulatory framework
6.3.8.4. Competitive scenario
6.3.9. Norway
6.3.9.1. Norway thermometer market, 2018 - 2030 (USD Million)
6.3.9.2. Key country dynamics
6.3.9.3. Regulatory framework
6.3.9.4. Competitive scenario
6.4. Asia Pacific
6.4.1. Asia Pacific thermometer market, 2018 - 2030 (USD Million)
6.4.2. Japan
6.4.2.1. Japan thermometer market, 2018 - 2030 (USD Million)
6.4.2.2. Key country dynamics
6.4.2.3. Regulatory framework
6.4.2.4. Competitive scenario
6.4.3. India
6.4.3.1. India thermometer market, 2018 - 2030 (USD Million)
6.4.3.2. Key country dynamics
6.4.3.3. Regulatory framework
6.4.3.4. Competitive scenario
6.4.4. South Korea
6.4.4.1. South Korea thermometer market, 2018 - 2030 (USD Million)
6.4.4.2. Key country dynamics
6.4.4.3. Regulatory framework
6.4.4.4. Competitive scenario
6.4.5. Thailand
6.4.5.1. Thailand thermometer market, 2018 - 2030 (USD Million)
6.4.5.2. Key country dynamics
6.4.5.3. Regulatory framework
6.4.5.4. Competitive scenario
6.4.6. Australia
6.4.6.1. Australia thermometer market, 2018 - 2030 (USD Million)
6.4.6.2. Key country dynamics
6.4.6.3. Regulatory framework
6.4.6.4. Competitive scenario
6.5. Latin America
6.5.1. Latin America thermometer market, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil thermometer market, 2018 - 2030 (USD Million)
6.5.2.2. Key country dynamics
6.5.2.3. Regulatory framework
6.5.2.4. Competitive scenario
6.5.3. Mexico
6.5.3.1. Mexico thermometer market, 2018 - 2030 (USD Million)
6.5.3.2. Key country dynamics
6.5.3.3. Regulatory framework
6.5.3.4. Competitive scenario
6.5.4. Argentina
6.5.4.1. Argentina thermometer market, 2018 - 2030 (USD Million)
6.5.4.2. Key country dynamics
6.5.4.3. Regulatory framework
6.5.4.4. Competitive scenario
6.6. MEA
6.6.1. MEA thermometer market, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. South Africa thermometer market, 2018 - 2030 (USD Million)
6.6.2.2. Key country dynamics
6.6.2.3. Regulatory framework
6.6.2.4. Competitive scenario
6.6.3. Saudi Arabia
6.6.3.1. Saudi Arabia thermometer market, 2018 - 2030 (USD Million)
6.6.3.2. Key country dynamics
6.6.3.3. Regulatory framework
6.6.3.4. Competitive scenario
6.6.4. UAE
6.6.4.1. UAE thermometer market, 2018 - 2030 (USD Million)
6.6.4.2. Key country dynamics
6.6.4.3. Regulatory framework
6.6.4.4. Competitive scenario
6.6.5. Kuwait
6.6.5.1. Kuwait thermometer market, 2018 - 2030 (USD Million)
6.6.5.2. Key country dynamics
6.6.5.3. Regulatory framework
6.6.5.4. Competitive scenario
Chapter 7. Competitive Landscape
7.1. Participant Categorization
7.1.1. Strategy mapping
7.1.1.1. New type launch
7.1.1.2. Partnerships
7.1.1.3. Acquisition
7.1.1.4. Collaboration
7.2. Company Market Position Analysis, 2023
7.3. Company Profiles
7.3.1. 3M Company
7.3.1.1. Company overview
7.3.1.2. Financial performance
7.3.1.3. Type benchmarking
7.3.1.4. Strategic initiatives
7.3.2. Medline Industries, Inc.
7.3.2.1. Company overview
7.3.2.2. Financial performance
7.3.2.3. Type benchmarking
7.3.2.4. Strategic initiatives
7.3.3. Medtronic
7.3.3.1. Company overview
7.3.3.2. Financial performance
7.3.3.3. Type benchmarking
7.3.3.4. Strategic initiatives
7.3.4. Welch Allyn
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Type benchmarking
7.3.4.4. Strategic initiatives
7.3.5. OMRON Corporation
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Type benchmarking
7.3.5.4. Strategic initiatives
7.3.6. America Diagnostic Corporation
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Type benchmarking
7.3.6.4. Strategic initiatives
7.3.7. A&D Medical
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Type benchmarking
7.3.7.4. Strategic initiatives
7.3.8. Exergen Corporation
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Type benchmarking
7.3.8.4. Strategic initiatives
7.3.9. Microlife Corporation
7.3.9.1. Company overview
7.3.9.2. Financial performance
7.3.9.3. Type benchmarking
7.3.9.4. Strategic initiatives
7.3.10. Terumo Corporation
7.3.10.1. Company overview
7.3.10.2. Financial performance
7.3.10.3. Type benchmarking
7.3.10.4. Strategic initiatives
List of Tables
Table 1 List of abbreviations
Table 2 List of secondary sources
List of Figures
Fig. 1 Thermometer market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Mercury-based thermometers research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Thermometer market snapshot (2023)
Fig. 9 Thermometer market: segment snapshot (2023 & 2030)
Fig. 10 Competitive insights (2023)
Fig. 11 Parent market outlook
Fig. 12 Related/ancillary market outlook
Fig. 13 Thermometer market driver impact
Fig. 14 Thermometer market restraint impact
Fig. 15 Porter’s five forces analysis
Fig. 16 SWOT analysis, by factor (political & legal economic and technological)
Fig. 17 Global Thermometer Market, by product, 2018 - 2030 (USD Million)
Fig. 18 Mercury-based thermometers market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 19 Mercury-free thermometers market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 20 Infrared radiation thermometers market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 21 Digital thermometers market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 22 Others market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 23 Global thermometer Market, by application, 2018 - 2030 (USD Million)
Fig. 24 Medical market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 25 Industrial market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 26 Food market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 27 Laboratory market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 28 Other applications market size & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 29 Thermometer market, by region, 2018 - 2030 (USD Million)
Fig. 30 North America market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 31 U.S. thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 32 Canada thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 33 Europe thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 34 UK thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 35 Germany thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 36 Spain thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 37 France thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 38 Italy Thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 39 Sweden thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 40 Denmark thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 41 Norway thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 42 Asia Pacific thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 43 China thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 44 Japan thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 45 India thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 46 South Korea thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 47 Thailand thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 48 Australia thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 49 Latin America thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 50 Brazil thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 51 Mexico thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 52 Argentina thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 53 Middle East and Africa thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 54 South Africa thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 55 Saudi Arabia thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 56 UAE thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)
Fig. 57 Kuwait thermometer market size, & forecasts and trend analysis, 2018 - 2030 (USD Million)

Companies Mentioned

  • 3M Company
  • Medline Industries, Inc.
  • Medtronic
  • Welch Allyn
  • OMRON Corporation
  • America Diagnostic Corporation
  • A&D Medical
  • Exergen Corporation
  • Microlife Corporation
  • Terumo Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedFebruary 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 1.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 3 Billion
Compound Annual Growth Rate8.2%
Regions CoveredGlobal
No. of Companies Mentioned10

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