Press release
Infrared Thermometer Market Size to Cross USD 915 Million by 2025 | Analysis on COVID- 19 Impact | Arizton
Infrared forehead non-contact thermometers segment will hold the largest market share.The infrared thermometer market share is expected to grow at a CAGR of over 15% during the period 2019-2025.
The following factors are likely to contribute to the growth of the infrared thermometer market during the forecast period:
Growth in Medical Tourism
Development of Innovative Products
Demand for Multifunction Non-contact Thermometers
Prevalence of Healthcare Acquired Infections
The global infrared thermometer market size is going to witness growth due to the worldwide outbreak of the COVID-19 pandemic. This pandemic has resulted in a spike in demand for several medical devices, which include nebulizers, blood pressure monitoring devices, medical ventilators along with the non-contact thermometer. In an attempt to contain the highly contagious virus, temperature monitoring has become an essential component across public places, including shopping malls, airports, offices, schools, thereby increasing the demand for non-contact thermometers.
These devices allow the measurement of body temperatures from a distance. So they are considered suitable to measure temperature for a large number of people. In the US, the forehead thermometer industry sales increased by 232% in March 2020 compared to the previous year.
Key Highlights included in the report are:
The medical infrared non-contact thermometer segment is expected to grow at a staggering CAGR of 16% by 2025. The growth is due to increased global healthcare spending, which is projected to reach around $10.4 trillion by 2020.
Latin America is likely to observe an incremental growth of $113 million by 2025. This is due to the growing healthcare industry in Brazil and Mexico.
Mexico is expected to experience the highest incremental growth of over 118% during the forecast period.
The infrared forehead thermometer market is projected to witness an absolute growth of over 133% by 2025.
The global demand for non-contact thermometers is expected to grow by 19%, reaching revenues of $469 million by 2020.
The infrared thermometer market in India is one of the fastest-growing markets. The growth is due to advanced medical infrastructure and affordable medical devices.
This industry research report covers global infrared thermometer market size and growth, share, trends, drivers, and vendor analysis. The study includes insights by product types, applications, and geography.
Download a free Sample: https://www.arizton.com/market-reports/infrared-thermometer-market
The study considers the present scenario of the infrared thermometer market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
Omron Healthcare
Paul Hartmann
Hill-Rom Holdings
Geratherm
Other Prominent Vendors
Microlife
Thermomedics Inc.
BPL Medical Technologies
Exergen Corporation
Contec Medical Systems
Cardinal Health
Braun
American Diagnostic Corporation
A&D Medical Manufacturers
Briggs Healthcare
Equinox
AccuMed
Technimed
Eco4US
Reliefcare
TempIR
Metene
Occobaby
Preve Precision
Koogeek
Puruizt
Guangzhou Berrcom Medical Device Co. Ltd.
The infrared thermometer market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
Segmentation by Product Type
Forehand
In-ear
Multipurpose
Segmentation by End-user
Medical
Adult
Children
Veterinary
Segmentation by Geography
North America
US
Canada
Europe
UK
Germany
France
APAC
China
Japan
India
Latin America
Brazil
Mexico
Middle East & Africa
South Africa
Saudi Arabia
KEY QUESTIONS ANSWERED:
What is the market size of the global non contact infrared thermometer market?
How is COVID-19 impacting the demand for infrared thermometer?
What are the factors impacting the infrared thermometer market growth?
What are the drivers, industry trends, and restraints affecting industry growth?
Who are the major infrared thermometer market players, and what are their market share?
What are the key strategies adopted by the key market players?
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https://www.arizton.com/market-reports/infrared-thermometer-market
About Arizton Advisory & Intelligence
Arizton - Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including -Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040
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