Touch Free Thermometer Market Valuation USD 1 Billion, with a Growing CAGR of 7% over 2022-2030

The Global Touch Free Thermometer Market is expected to grow to a value of more than USD 1 billion by 2030, with a growing CAGR (compound annual growth rate) of 7% over 2022-2030. The market for these goods is being driven by an increase in hygiene awareness, significant technological advancements in this area, simplicity of use, and affordability. The widespread usage of touch-free forehead thermometers in places like homes, schools, and hospitals has increased the rate of their acceptance around the world.

The rise in various medical disorders, such as malaria, dengue fever, and swine flu, which require reliable body temperature readings to decide the best course of treatment, is a major factor driving market expansion. According to the CDC, around 2,000 cases of malaria are diagnosed in the United States each year. Furthermore, according to the same source, over 15.5 million visits to hospitals in the United States were made with infectious and parasitic diseases as the primary diagnosis. Furthermore, the WHO African area has the highest malaria burden, accounting for over 200 million cases in 2018, followed by the WHO South-East Asian and Mediterranean regions. Unmet medical needs, a lack of hygiene, and an increase in target population are all projected in these areas.

Get a Free Sample Copy of a Research Report:
https://wemarketresearch.com/sample-request/touch-free-thermometer-market/437/

Furthermore, increased health consciousness and patient awareness are among the primary factors driving market growth. Companies such as Nexcare and Terumo Corporation produced portable solutions that are user-friendly and can be easily adopted by any patient in response to the increased demand for self-healthcare. Furthermore, the growing reliance of healthcare practitioners on thermometers to check patients' health status is expected to drive the market. Other end users, such as the pharmaceutical, food, and chemical industries, are likewise becoming more aware. In many businesses, maintaining specific temperatures at various phases of product development is a must. These factors are expected to drive market expansion throughout the forecast period.

Market Segmentation:

The global touch-free thermometer market can be segmented based on various factors, including:

Type: The market can be segmented into forehead, ear, and other types of touch-free thermometers.

Technology: The market can be segmented based on the technology used, including infrared technology and digital technology.

Application: The market can be segmented based on the application, including medical, veterinary, and industrial applications.

Distribution Channel: The market can be segmented based on the distribution channel, including online retail, offline retail, and direct sales.

End-users: The market can be segmented based on the end-users, including hospitals, clinics, home healthcare settings, and others.

Region: The market can be segmented based on the geography, including North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Market Key Players:

Braun, Microlife, Radiant, Omron, Exergen Corporation, Hill-Rom, EASYWELL BIOMEDICALS, AViTA, American Diagnostic, Innovo Medical, A&D Medical, and others.

Click to Buy Premium Research Report:
https://wemarketresearch.com/purchase/touch-free-thermometer-market/437/?license=single

Market Key Trends:

Increasing use in homes will help the market growth

Because of how convenient they are, touch-free forehead thermometers are becoming more common in homes. A person can take their temperature at any time without getting out of bed or using a conventional glass mercury thermometer thanks to touch-free forehead thermometers. It has a lot of advantages. There is nothing necessary for one to swallow. By purchasing conventional mercury thermometers only once, people can save money. It's simple for little children who are ill or too young to read a regular thermometer. And with accuracy of up to 100%, it offers piece of mind.

More use in hospitals will drive the market expansion

Hospitals frequently employ touch-free forehead thermometers as a diagnostic tool to check patients' body temperatures. It typically takes one second for the thermometer, which is normally positioned at the forehead, to provide an accurate reading of the subject's body temperature. This operation is now simpler than ever thanks to touch-free technologies, which eliminate any potential for cross-contamination or infection spread that may occur when utilising more conventional techniques like oral temperature assessments or rectal readings.

Regional Analysis:

The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Argentina, and Colombia)

• Europe (Germany, U.K., France, Italy, Spain, and Russia)

• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)

• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN

Check for Discount:
https://wemarketresearch.com/discount/touch-free-thermometer-market/437/

Key Points:

Define, describe and forecast Potentiometers product market by type, application, end user and region.

Provide enterprise external environment analysis and PEST analysis.

Provide strategies for company to deal with the impact of COVID-19.

Provide market dynamic analysis, including market driving factors, market development constraints.

Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.

Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.

Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Reasons to Purchase this Report:

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Ask For Customization:
https://wemarketresearch.com/customization/touch-free-thermometer-market/437/

Contact Us:

We Market Research

Phone: +1(650)-666-4592

Email: sales@wemarketresearch.com

Web: https://wemarketresearch.com

About We Market Research:

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

This release was published on openPR.