Press release
Global Infrared Thermometer Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2027: Braun GmbH and Microlife Corporation are key players.
Global Infrared Thermometer Market is expected to grow at a CAGR of 10.97% to reach a market size worth US$998.918 million by 2027.One of the primary factors contributing to the growth of the market for infrared thermometers is the increase in the incidences of infectious illnesses and other health issues, such as malaria, COVID-19, and dengue, as well as rising public awareness regarding the value of body temperature monitoring. In addition, the growing geriatric population and increasing healthcare expenditure in developed countries support the demand for infrared thermometers during the forecast period. However, the accuracy issues with the infrared thermometers, availability of substitutes at lower prices, and limitations in public screening are restricting the growth of the global market during the projection period.
The infrared thermometers market has been significantly boosted due to the rising incidences of infectious diseases like dengue.
An infrared thermometer determines temperature from thermal radiation and allows measurement of the object or person's temperature without making direct contact. They are also known as non-contact thermometers, laser thermometers, or temperature guns. The rising prevalence of infectious diseases with fever as symptoms such as malaria, dengue, swine flu, or influenza is augmenting the market expansion during the forecast period. For instance, according to a WHO report, malaria cases increased from 245 million in 2020 to 247 million in 2021. The market is also boosted by the infrared thermometer's accessibility and ease of use. Moreover, the rising elderly population in several world regions also contributes to market expansion.
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The global infrared thermometer market is segmented into type, application, distribution channel, and geography.
Based on the application, the market is categorized into Medical and Veterinary. The medical segment is expected to hold a significant market share among the abovementioned ones. An infrared thermometer is used to check the skin temperature for medical purposes. The distribution of body temperature over the skin's surface reveals details about numerous physiological processes. Healthcare providers typically recommend portable infrared thermometers because of their accessibility, superior quality, and non-contact quick screening. The growing prevalence of infectious diseases worldwide is one of the key factors driving growth in this segment.
The type segmentation of the infrared thermometers market includes Ear, Forehead, and Multifunction. According to the analysis, the multifunction segment is expected to have a significant market share during the forecasted period. The application of multifunction infrared thermometers in a wide range of end-user industries is driving segment expansion.
Based on the distribution channel, the infrared thermometers market is categorized into Online and Offline. The offline segment is further divided into Pharmacy Stores and Other sub-segments. The online distribution channel segment is expected to hold a significant market share among the abovementioned ones. The booming e-commerce industry is one of the key factors driving the growth of this segment. In addition, the emergence of various online pharmacy stores from key market players like BlinkRX and 1mg is also supporting the growth of this segment.
The infrared thermometer market is divided geographically into North America, South America, the Middle East and Africa, Europe, and Asia Pacific. Out of all the geographical regions North American region is expected to have a significant market share in the global infrared thermometer market. A rising prevalence of infectious diseases such as covid and influenza is also accelerating demand for infrared thermometers in North American countries. In addition, the well-established healthcare industries and high expenditure in countries like the United States and Canada are also boosting the regional market's growth. Moreover, the presence of well-known companies, including Cole Palmer, Braun Healthcare, and Emerson Electric, is also driving market demand. Therefore, the infrared thermometer market in North America is divided between these three countries: the US, Canada, and Mexico.
As a part of the report, the major players operating in the global infrared thermometer market that have been covered are BPL Medical Technologies, CONTEC MEDICAL SYSTEMS CO., LTD, Cardinal Health, OMRON Corporation., Braun GmbH, Microlife Corporation, Exergen Corporation and Hillrom Services, Inc.
This global infrared thermometer market has been analyzed into the following segments:
• By Type
o Ear
o Forehead
o Multifunction
• By Application
o Medical
o Veterinary
• By Distribution Channel
o Online
o Offline
• Pharmacy Store
• Others
• By Geography
o North America
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• UK
• Germany
• France
• Spain
• Others
o Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
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• Global Pulse Generator Market: https://www.knowledge-sourcing.com/report/global-pulse-generator-market
• Stethoscope Market: https://www.knowledge-sourcing.com/report/stethoscope-market
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Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail:info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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