The U.S. medical thermometer market size is expanding over USD 651 million by 2027, with a CAGR of 28.4% over the forecast period 2020 to 2027.
The U.S. medical thermometer market size was valued at USD 85.3 million in 2019, according to a new report by Vision Research Reports.
Increasing cases of COVID-19, malaria, influenza, and norovirus along with other medical conditions are driving the product demand for the assessment of precise body temperature.
In addition, growing demand for Non-contact Clinical Electronic Thermometers (NCITs) is expected to boost market growth. As compared to contact type thermometer, NCITs are more frequently used in various infectious diseases including COVID-19, as components of the contact type, clinical thermometer poses high risks of infection.
Moreover, the introduction of new products and incorporation of new technologies by market players are likely to boost the market growth during the forecast period. For instance, MicroLife is the first company to launch ‘Silent Glow Technology”, which shows red light if the temperature exceeds 37.4 degree Celsius.
Market Study
Based on devices, the market is segmented into mercury-based and mercury-free. Mercury-free was the leading device segment with a share of over 60.5% in 2019
The segment is projected to retain its dominant position over the forecast years on account of to the benefits of these devices, such as accurate readings & low chances of cross-infection, as well as rising prevalence of diseases such as fever and flu
The mercury-free segment is further divided into infrared radiation, digital, and other thermometers and is projected to expand at the fastest CAGR over the forecast period
For instance, in April 2020, Kinsa, Inc., distributed around 7,500 Bluetooth-enabled smart thermometers, which can pair up with smartphone apps and allow tracking of real-time COVID-19 hot spots across the U.S.
Some of the prominent players include:
America Diagnostics Corporation
Easywell Biomedicals, Inc.
Cardinal Health
Compumedics Ltd.
Terumo Corporation
McKesson Corporation
Medical Indicators Inc.
Mediaid, Inc.
Medline Industries, Inc.
3M (Nexcare)
Welch Allyn
A&D Medical
Exergen Corporation
Microlife Corporation
Market Segmentation
Device Outlook
Mercury-free
Infrared Radiation Thermometer
Digital Thermometers
Others
Mercury-based