Thermometer Market Size, Share, Growth, Price Trends and Industry Research Report, 2018 to 2025

The global thermometer market size was valued at USD 769.3 million in the year 2016 and is estimated to grow at a CAGR of 7.9% during forecast period. The key drivers include increasing applications of such devices in temperature monitoring for industrial, medical, laboratory, and imaging purposes.

(firmenpresse) - Maintenance of body temperature within a normal range is a vital for survival of human life. Fluctuation in body temperature is the preliminary symptom of various infectious and metabolic disorders. Increasing level of patient awareness will prove imperative for this market growth on account of the fact that patients, especially the ones suffering from long-term diseases and chronic infections are widely using these devices for checking vital signs at regular intervals. Moreover, healthcare practitioners are increasing their dependency on the usage of these devices for checking the health status of the patients and deciding on treatment options.

The growing demand for self-healthcare as a result of increasing health-conscious population base and rising awareness amongst patients aimed at gaining better health status and reducing expenses associated with it are the major factors contributing to this market growth. On account of the growing demand for self-healthcare, manufacturers such as Nexcare and TERUMO CORPORATION have introduced portable products, which are user-friendly.

The global thermometer market is expected to reach a value of USD 1.5 billion by 2025, based on a new report by Grand View Research, Inc. Growing number of medical conditions requiring accurate measurement of body temperature for deciding the treatment options is expected to enhance demand for thermometers over the forecast period. High prevalence of diseases such as malaria, swine flu, and dengue, which can be diagnosed primarily by observing body temperature is estimated to provide potential growth opportunities for this market in developing countries.

In addition, requirement for maintenance of an environment of specific temperature in various industries such as food, chemicals, and pharmaceuticals is another high rendering driver resulting in increasing demand for digital and infrared temperature measuring devices. Development of devices with technological advancements for accurately measuring minute temperature differences is expected to be a growth booster for this industry. For instance, the Exergen TAT-2000C can be used to measure body temperature by just rolling the device tip over the child

Further Key Findings from the Study Suggest:










& beverages and retain the quality of temperature-sensitive eatables, maintenance of a specific temperature is required.
Thus, thermometers have applications in the food industry too

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Datum: 06.08.2019 - 08:11 Uhr
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