The North America Medical Thermometer Market would witness market growth of 5.9% CAGR during the forecast period (2020-2026). An increase in the incidence of infectious diseases such as COVID-19, influenza, and other medical conditions like malaria and dengue, as well as raising awareness about the importance of body temperature monitoring, are some of the factors driving the market. Furthermore, the contactless and multifunctional clinical electronic thermometers are in demand and are contributing to the market growth. The factors that are playing a key role in the growth of the market include the rise in the incidence of target diseases, growing operations by both the local and small-sized players, and rapid advancement in technology. The recent outbreak of COVID-19 has opened opportunities for large-scale production of thermometers by the local manufacturers. There are restrictions posed on transport across the international borders and this in turn disrupted the supply chain of major players. Therefore, the opportunity has been created for local players to move in the market.
Many companies that are involved in developing infrared sensors for temperature measurement are provided with instant patents, as the use of this type of thermometers avoid cross-contamination, therefore likely to support the growth of the market. The small-sized companies which are emerging, like SpotSee, a Texas-based company Kinsa, and a San Francisco-based start-up, are gradually escalating their manufacturing capabilities in order to fulfill the growing need for thermometers.
The tracking of real-time COVID-19 hot spots can be possible by pairing up the thermometers with a smartphone app, and it has been implemented across the U.S. Moreover, presence of vital manufacturers, as well as use thermometers for laboratory purposes in research and academic institutes and rising concerns about the self-health care supervision, are likely to improve the growth of the market. For example, monitoring temperature is the new norm for screening the infection of COVID-19, till the time a vaccine is not ready.
Based on Point of Measurement, the market is segmented into Ear, Forehead, Oral, Ambient, Anal and Other Point of Measurements. Based on Product, the market is segmented into Infrared Radiation Thermometers, Digital Thermometer and Other Products. Based on Patient Age Category, the market is segmented into Adults and Pediatrics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Medical Thermometer Market in North America is expected to register a CAGR of 5.9% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include 3M Company (Nexcare), Hill-Rom Holdings, Inc. (Welch Allyn), F. Hoffmann-La Roche Ltd. (America Diagnostics Corporation), McKesson Corporation, Cardinal Health, Inc., Terumo Corporation, Medline Industries, Inc., A&D Company, Limited, Exergen Corporation and Easywell Biomedical, Inc.
Market Segmentation:
By Point of Measurement
By Product
By Patient Age Category
By Country
Companies Profiled
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