Thermometer Market to Obtain $2710.08 Million by 2030

According to Triton's research, the global thermometer market gained $1504.98 million in 2022 and is expected to register a growth rate of 7.56% during 2023-2030.

A recent study by Triton Market Research titled Global Thermometer Market includes the Global Analysis and Forecasts by Application (Industrial, Food, Medical, Laboratory, Other Applications), Product Type (Mercury-Free Thermometers [Digital Thermometers, Infrared Radiation Thermometers, Other Mercury-Free Thermometers], Mercury-based Thermometers), and Regional Outlook (North America, Asia-Pacific, Middle East and Africa, Latin America, Europe).

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A thermometer is a precise instrument consisting of a temperature-sensing probe or sensor connected to a display unit that provides a numerical temperature reading. Thermometers serve a wide range of purposes in healthcare, industrial processes, meteorology, and everyday household applications.

Based on Triton's report, the global market for thermometer is set to reap revenue worth $2710.08 million by 2030, growing at a CAGR of 7.56% over 2023-2030.

The worldwide need for contactless thermometers has significantly increased. The pandemic notably expedited the use of contactless temperature measurement techniques to improve health and safety measures. This has resulted in the widespread adoption of contactless thermometers, including infrared thermometers, across various sectors like healthcare, food processing, and manufacturing. Moreover, there has been a substantial rise in the adoption of digital thermometers. This trend is propelled by their ability to provide fast and accurate temperature readings along with user-friendly displays. Hence, the rising popularity of non-contact and digital thermometers widens the scope of the thermometer market.

On the contrary, incorrect temperature readings and stringent regulatory frameworks might limit the market's expansion.

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The thermometer market is segmented into application and product type. Based on application, it is divided into industrial, food, medical, laboratory, and other applications. The product section includes mercury-free and mercury-based thermometers. The mercury-free thermometers are further branched into digital thermometers, infrared radiation thermometers, and other mercury-free thermometers.

North America dominates in the thermometer market. Prominent companies such as 3M, A&D Medical, and Medline Industries LP are making significant investments in thermometer technology research and development. This strategic emphasis on R&D is expected to greatly enhance market growth. Notably, both the United States and Canada demonstrate a strong dedication to their healthcare sectors, evident through substantial healthcare expenditures. This dedication results in an increased demand for accurate temperature measurement devices.

A&D Medical, Exergen Corporation, Medline Industries Inc, Beurer GmbH, Briggs Healthcare, Microlife Corporation, Welch Allyn, 3M, Omron Healthcare Inc, Easywell Biomedicals, Fairhaven Health, RG Medical Diagnostics, America Diagnostics Corporation, and Terumo Corporation are major firms in the thermometer market.

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Question & Answer: Global Thermometer Market

Question 1: What trends widen the scope of the thermometer market?
Answer: The worldwide need for contactless thermometers has significantly increased. The pandemic notably expedited the use of contactless temperature measurement techniques to improve health and safety measures. This has resulted in the widespread adoption of contactless thermometers, including infrared thermometers, across various sectors like healthcare, food processing, and manufacturing. Moreover, there has been a substantial rise in the adoption of digital thermometers. This trend is propelled by their ability to provide fast and accurate temperature readings along with user-friendly displays.
Hence, the rising popularity of non-contact and digital thermometers widens the scope of the thermometer market.

Question 2: What factors limit the thermometer market's expansion?
Answer: Incorrect temperature readings and stringent regulatory frameworks might limit the market's expansion.

Question 3: Which region dominates in the thermometer market?
Answer: North America dominates in the thermometer market. Prominent companies such as 3M, A&D Medical, and Medline Industries LP are making significant investments in thermometer technology research and development.

This strategic emphasis on R&D is expected to greatly enhance market growth. Notably, both the United States and Canada demonstrate a strong dedication to their healthcare sectors, evident through substantial healthcare expenditures. This dedication results in an increased demand for accurate temperature measurement devices.

Question 4: Which are the major firms in the thermometer market?
Answer: A&D Medical, Exergen Corporation, Medline Industries Inc, Beurer GmbH, Briggs Healthcare, Microlife Corporation, Welch Allyn, 3M, Omron Healthcare Inc, Easywell Biomedicals, Fairhaven Health, RG Medical Diagnostics, America Diagnostics Corporation, and Terumo Corporation are major firms in the thermometer market.

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