The global medical thermometers market is expected to grow by
USD 104.82 million as per Technavio. This marks a significant
market growth compared to the 2019 growth estimates due to the
impact of the COVID-19 pandemic in the first half of 2020. Steady
growth is expected to continue throughout the forecast period, and
the market is expected to grow at a CAGR of over 8%.
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research report titled Global Medical Thermometers Market 2020-2024
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The global medical thermometers market will have a positive
impact due to the spread of COVID-19. The extension of containment
efforts is leading to increased demand and reduced production.
Hence, prices are expected to remain elevated during the short
term, thereby resulting in an improved topline growth of market
players.
Technavio's custom research reports offer detailed insights
on the impact of COVID-19 at an industry level, a regional level,
and subsequent supply chain operations. This customized report will
also help clients keep up with new product launches in direct &
indirect COVID-19 related markets, upcoming vaccines and pipeline
analysis, and significant developments in vendor operations and
government regulations.
https://www.technavio.com/report/medical-thermometers-market-industry-analysis
The market is driven by the frequent outbreak of epidemics. In
addition, product innovation and portfolio extension are
anticipated to boost the growth of the medical thermometers
market.
The world has witnessed a widespread outbreak of several
contagious diseases over the years. The first and most common
symptom of various infectious diseases is a low-grade fever that
increases gradually. For example, the Zika virus disease is one of
the major disease outbreaks in 2016. It is associated with a rise
in the body temperature, which requires the affected individual to
be admitted to a hospital or kept under observation or isolation in
a home-based healthcare setting. The temperature readings of the
individual need to be monitored frequently to formulate a treatment
plan which is specific to the patient's condition. Similarly, the
recent COVID-19 pandemic which originated in China has spread to
almost every part of the world. Such frequent outbreaks have
significantly increased the demand for medical thermometers, which
is driving the growth of the market.
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Major Five Medical Thermometers Companies:
American Diagnostic Corp.
American Diagnostic Corp. operates its business through a
unified segment. The company offers a range of medical thermometers
such as Adtemp Mini 432, Adtemp 429, Adtemp Ultra 417, and Adtemp
415 Flex among others.
Ansell Ltd.
Ansell Ltd. operates its business through segments such as
Industrial and Healthcare. The company offers a range of digital
thermometers, Bluetooth thermometers, and infrared thermometers
through its subsidiary, Microlife.
Beurer GmbH
Beurer GmbH operates its business through segments such as
Beauty, Medical, Wellbeing, Active, and Babycare. The company
offers a range of thermometers such as FT 90, FT 95, and Ear
thermometer FT 58, among others.
Briggs Corp.
Briggs Corp. operates its business through segments such as
Products and Services. The company offers a line of thermometers
such as MABIS 60 Second Waterproof Digital Thermometer, MABIS 9
Second Waterproof Digital Thermometer, MABIS Jumbo Display 60
Second Digital Thermometer, and MABIS Glow in the Dark 8 Second
Digital Thermometer, among others.
Citizen Watch Co. Ltd.
Citizen Watch Co. Ltd. operates its business through segments
such as Watches, Machine tools, Devices and components, Electronic
products, and Other products. The company offers medical
thermometers such as CTA301, CTA302, and CTD505 among others,
through its subsidiary, Citizen Systems Japan Co. Ltd.
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Medical Thermometers Market Product Outlook (Revenue, USD
Million, 2020-2024)
- Digital thermometers
- Liquid filled thermometers
Medical Thermometers Market Geography Outlook (Revenue, USD
Million, 2020-2024)
- North America
- APAC
- Europe
- South America
- MEA
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Related Reports on Healthcare Include:
Global Infrared Thermometers Market – Global infrared
thermometers market by type (non-contact infrared thermometers and
contact infrared thermometers) and geography (North America,
Europe, APAC, South America, and MEA).
Global Body Temperature Monitoring Devices Market –
Global body temperature monitoring devices market by product
(digital thermometer and LFT and TTI) and geography (Asia, Europe,
North America, and ROW).
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