Infrared Thermometer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028)

The Infrared Thermometer Market will register a CAGR of 9.2% over the forecast period. An infrared thermometer is a device for measuring temperature that uses an infrared sensor to translate infrared signals into electrical signals and show the results in temperature units.

Key Highlights

• The primary reasons anticipated to drive the market are an increase in the prevalence of infectious diseases and other medical problems, including malaria and dengue, as well as growing public awareness of the significance of body temperature monitoring.
• In addition, as the temperature is one of the essential factors in the maintenance and regular inspection of equipment used in the manufacturing business, IR-based thermometers are becoming an ever-increasing part of the worldwide automation and predictive maintenance demand.
• Moreover, increased automation, growing infrared thermometer usage in predictive maintenance, and growing acceptance of infrared thermometers in agriculture would open up profitable growth opportunities.
• The price of infrared thermometers and their low market penetration in various developing and underdeveloped countries are some factors limiting the growth of the infrared thermometer market.
• The COVID-19 pandemic, which forced all governments to impose strict lockdowns, negatively impacted the market's expansion. However, the infrared thermometer market is predicted to rebound after the pandemic because of its expansion into more varied and creative application fields, including medical, industrial, and others.

Key Market Trends

Healthcare Industry to Dominate the Market

• In medicine, infrared sensors are used to measure skin temperature. The temperature distribution along the surface of the human skin provides information about various physiological issues involving thermoregulation and metabolism.
• Due to their affordability, better quality, and non-contact rapid screening in measuring body temperature, portable infrared thermometers are generally recommended thermometers.
• Additionally, the market is anticipated to grow due to healthcare professionals' reliance on thermometers to assess patients' health.
• Detecting blood arteries during laparoscopic surgery is one of the most cutting-edge applications of IR sensor technology. Analyzing physiological processes connected to skin temperature is done using medical infrared thermography (MIT). Thanks to technological advancements, MIT is now a trusted tool for medical measurement.
• As the COVID-19 epidemic continues, there is a growing demand for thermometers for constant temperature checks. This demand is also driven by the cost and ease of use of infrared thermometers and growing government spending in the healthcare sector.

North America Holds Major Share of the Market

• In terms of market share, North America dominates the world. Compared to Canada, the US is a critical factor in raising regional demand. Due to its developed infrastructure, which can house cutting-edge solutions from various sectors, the nation is anticipated to dominate the global market over the forecast period.
• Contactless temperature monitoring tools like infrared thermometers have become necessary due to the rising occurrence of infectious diseases in nations like the United States and Canada. Consumers spend a lot of money on home care items like infrared thermometers.
• Additionally, as the demand for meat products has grown throughout the region, so needs infrared thermometers, which can be used to check if meat is done during the cooking process and measure its temperature when it is being presented on a plate.
• Moreover, the market is anticipated to be driven by North America's established healthcare infrastructure and rising disposable thermometer demand.
• To be sure, the market for infrared thermometers in North America will continue to see growth opportunities as a result of ongoing technological developments as well as the growing popularity of infrared thermometers across various end-use verticals due to their numerous advantages.

Competitive Landscape

The Infrared Thermometer Market is moderately competitive. Many well-known companies produce infrared thermometers, including Thermo Fisher Scientific Inc., Omega Engineering Inc., PCE Deutschland GmbH, HORIBA, Ltd., Weiss Instruments LLC, Mediaid, Inc., Fluke Corporation, and Optris GmbH. The global supply of modern infrared thermometers is a primary manufacturer's focus. Businesses are continuously reducing the costs of these thermometers. Globally accessible infrared thermometers are a goal of major manufacturers.

In November 2022, TriMedika, a medical technology manufacturer providing clinical devices for hospitals, showcased its non-contact thermometer product at Medica TRITEMP as a thermometer is a precision-engineered tool designed to impact patient care and control infection across healthcare globally positively.

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