The global medical thermometer market size was estimated to be USD 2.37 billion in 2023 and is expected to reach at USD 5.83 billion by 2034 with a CAGR of 8.52% during the forecast period 2024-2034. Rising demand for precise body temperature measurement in various medical scenarios to guide treatment decisions, increasing prevalence of infectious diseases, a higher demand for non-contact thermometers, growing awareness regarding the personal healthcare, surge in elderly population, rising technological advancements in medical thermometers, surge in healthcare spending, and key market players are launching innovative medical thermometer products are some of the key factors boosting the market growth.
Key market players are launching innovative medical thermometer products is predicted to boost the market growth during the forecast period. Medical thermometers are instruments primarily employed to measure the temperature of individuals during fever, aiding in recording fluctuations in body temperature. They come in various types with distinct uses based on specific needs. These thermometers are precise and, owing to their high sensitivity, can detect temperature in both humans and animals. Medical thermometers offer versatile usage, allowing for placement under the tongue, in the armpit, or in the mouth for temperature measurement. For instance, in June 2023, SwitchBot introduced a wireless hygrometer thermometer that differs from the current SwitchBot Meter. This new device lacks a display but features an IP65 waterproof design, a sturdier plastic shell, and includes a lanyard for convenient placement.
By product, mercury- free was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the growing recognition of the benefits associated with mercury-free digital thermometers, increased incidence of infectious diseases, rising demand for advanced devices capable of accurately measuring temperature, and surge in innovative product launches. For instance, in January 2022, Baracoda introduced Bcool, a connected thermometer that is environmentally friendly, battery-free, and does not contain mercury. Additionally, mercury-based is predicted to grow at the fastest CAGR during the forecast period as they are user-friendly and find applications in laboratory settings.
By patient demographics, adult was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the increasing awareness of health and wellness among adults, the heightened utilization of medical thermometers for routine monitoring, and the growing prevalence of chronic illnesses. Additionally, pediatric is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for accurate temperature measurements in diagnosing and monitoring illnesses in children, coupled with an increase in the introduction of advanced products, is evident. There is a specific need for thermometer types designed for children, such as gentle and non-invasive models. This demand is driving innovation and specialization within the pediatric thermometer segment. These thermometers often feature designs that are appealing to children, including fun shapes or colors, and are crafted to deliver swift and precise readings with minimal discomfort. For instance, in November 2022, TriMedika participated in the UK Pavilion at MEDICA 2022 to present TRITEMP, a non-contact thermometer.
By point of measurement, oral was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to their accuracy, ease of use, & cost-effectiveness, increasing adoption by adult populations & medical facilities worldwide, rising advancements in digital oral thermometers, offering features like faster read times & memory functions, and growing initiatives by market players. For instance, in November 2023, Midmark Corp., a prominent provider of medical solutions concentrating on enhancing care delivery through clinical environment design, has introduced the Vital Signs Thermometer Upgrade Program for the year 2023. Additionally, ear is predicted to grow at the fastest CAGR during the forecast period owing to its convenience & speed, increasing preference for non-invasive & quick temperature measurement solutions. Ear thermometers provide quick readings, making them ideal for use with children and in fast-paced clinical environments.
By end-user, hospitals was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the high occurrence of diseases that necessitate body temperature assessment, and an increasing introduction of innovative devices. For instance, in June 2022, Exergen Corporation introduced the TAT-2000 for professionals and the TAT-2000C for consumers during a medical fair held in Mumbai, India. Additionally, clinics is predicted to grow at the fastest CAGR during the forecast period owing to the existence of a well-established healthcare infrastructure and the continual progress in thermometer technology.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing focus among individuals on managing their own healthcare, a large patient population, a growth in visits to healthcare facilities by patients, and a rise in the introduction of innovative products. For instance, in February 2022, Calera introduced a wearable thermometer, utilizing Calera technology defined by a miniaturized sensor and an algorithm based on artificial intelligence. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the existence of major industry players, a significant occurrence of infectious diseases, a rise in research & development activities, continuous technological advancements, and an increasing introduction of sophisticated devices. For instance, in March 2023, The Secretary of the Ministry of Electronics and Information Technology (MeitY), Mr. Alkesh Kumar Sharma, unveiled three IoT sensor-based products. These products comprise a "Smart Digital Thermometer," an "IoT-enabled Environmental Monitoring System," and a "Multichannel Data Acquisition System." These innovations were developed by C-MET in the Center of Excellence (CoE) focused on IIoT sensors.
Key market players are launching innovative medical thermometer products is predicted to boost the market growth during the forecast period. Medical thermometers are instruments primarily employed to measure the temperature of individuals during fever, aiding in recording fluctuations in body temperature. They come in various types with distinct uses based on specific needs. These thermometers are precise and, owing to their high sensitivity, can detect temperature in both humans and animals. Medical thermometers offer versatile usage, allowing for placement under the tongue, in the armpit, or in the mouth for temperature measurement. For instance, in June 2023, SwitchBot introduced a wireless hygrometer thermometer that differs from the current SwitchBot Meter. This new device lacks a display but features an IP65 waterproof design, a sturdier plastic shell, and includes a lanyard for convenient placement.
By product, mercury- free was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the growing recognition of the benefits associated with mercury-free digital thermometers, increased incidence of infectious diseases, rising demand for advanced devices capable of accurately measuring temperature, and surge in innovative product launches. For instance, in January 2022, Baracoda introduced Bcool, a connected thermometer that is environmentally friendly, battery-free, and does not contain mercury. Additionally, mercury-based is predicted to grow at the fastest CAGR during the forecast period as they are user-friendly and find applications in laboratory settings.
By patient demographics, adult was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the increasing awareness of health and wellness among adults, the heightened utilization of medical thermometers for routine monitoring, and the growing prevalence of chronic illnesses. Additionally, pediatric is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for accurate temperature measurements in diagnosing and monitoring illnesses in children, coupled with an increase in the introduction of advanced products, is evident. There is a specific need for thermometer types designed for children, such as gentle and non-invasive models. This demand is driving innovation and specialization within the pediatric thermometer segment. These thermometers often feature designs that are appealing to children, including fun shapes or colors, and are crafted to deliver swift and precise readings with minimal discomfort. For instance, in November 2022, TriMedika participated in the UK Pavilion at MEDICA 2022 to present TRITEMP, a non-contact thermometer.
By point of measurement, oral was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to their accuracy, ease of use, & cost-effectiveness, increasing adoption by adult populations & medical facilities worldwide, rising advancements in digital oral thermometers, offering features like faster read times & memory functions, and growing initiatives by market players. For instance, in November 2023, Midmark Corp., a prominent provider of medical solutions concentrating on enhancing care delivery through clinical environment design, has introduced the Vital Signs Thermometer Upgrade Program for the year 2023. Additionally, ear is predicted to grow at the fastest CAGR during the forecast period owing to its convenience & speed, increasing preference for non-invasive & quick temperature measurement solutions. Ear thermometers provide quick readings, making them ideal for use with children and in fast-paced clinical environments.
By end-user, hospitals was the highest revenue-grossing segment in the global medical thermometer market in 2023 owing to the high occurrence of diseases that necessitate body temperature assessment, and an increasing introduction of innovative devices. For instance, in June 2022, Exergen Corporation introduced the TAT-2000 for professionals and the TAT-2000C for consumers during a medical fair held in Mumbai, India. Additionally, clinics is predicted to grow at the fastest CAGR during the forecast period owing to the existence of a well-established healthcare infrastructure and the continual progress in thermometer technology.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing focus among individuals on managing their own healthcare, a large patient population, a growth in visits to healthcare facilities by patients, and a rise in the introduction of innovative products. For instance, in February 2022, Calera introduced a wearable thermometer, utilizing Calera technology defined by a miniaturized sensor and an algorithm based on artificial intelligence. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the existence of major industry players, a significant occurrence of infectious diseases, a rise in research & development activities, continuous technological advancements, and an increasing introduction of sophisticated devices. For instance, in March 2023, The Secretary of the Ministry of Electronics and Information Technology (MeitY), Mr. Alkesh Kumar Sharma, unveiled three IoT sensor-based products. These products comprise a "Smart Digital Thermometer," an "IoT-enabled Environmental Monitoring System," and a "Multichannel Data Acquisition System." These innovations were developed by C-MET in the Center of Excellence (CoE) focused on IIoT sensors.
Segmentation: Medical Thermometer Market Report 2023 - 2034
Medical Thermometer Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Mercury-Based
- Mercury-Free
- Digital
- Infrared
- Others
Medical Thermometer Market Analysis & Forecast by Patient Demographics 2023 - 2034 (Revenue USD Bn)
- Pediatric
- Adult
Medical Thermometer Market Analysis & Forecast by Point Of Measurement 2023 - 2034 (Revenue USD Bn)
- Ear
- Oral
- Forehead
- Others
Medical Thermometer Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Clinics
- Others
Medical Thermometer Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Medical Thermometer Market: Product Estimates & Trend Analysis
8. Medical Thermometer Market: Patient Demographics Estimates & Trend Analysis
9. Medical Thermometer Market: Point Of Measurement Estimates & Trend Analysis
10. Medical Thermometer Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Medical Thermometer Market
13. Europe Global Medical Thermometer Market
14. Asia Pacific Global Medical Thermometer Market
15. Latin America Global Medical Thermometer Market
16. MEA Global Medical Thermometer Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Citizen Systems Japan Co. Ltd
- Innovo Medical
- A&D Company Limited
- Welch Allyn Inc.
- Exergen Corporation
- Omron Healthcare Inc.
- American Diagnostic Corporation
- Cardinal Health
- Actherm Medical Corp.
- Microlife Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2024 |
Forecast Period | 2023 - 2034 |
Estimated Market Value ( USD | $ 2.37 Billion |
Forecasted Market Value ( USD | $ 5.83 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |