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A medical thermometer is a device that is widely used by medical professionals to measure and monitor human or animal body temperature. The surging prevalence of infectious diseases, including influenza, malaria, dengue, COVID-19, and swine flu, among others, is increasing the use of medical thermometers to detect accurate body temperature readings for determining appropriate treatment for the underlying conditions. The growing health consciousness among individuals and rising awareness regarding self-healthcare are expanding the use of non-contact electronic and digital thermometers by patients. Medical professionals increasingly use medical thermometers to check patients' health status and prescribe treatment for high-temperature conditions. However, the incidences of product recall due to inaccurate readings and risks associated with mercury thermometers may adversely impact their use by medical professionals. Moreover, the ongoing improvements in medical thermometers to achieve rapid, accurate, precise, and non-contact temperature measurements are expected to accelerate their use in medical and home care settings.
Regional Insights
The prevalence of infectious diseases across nations worldwide, including the U.S., Russia, Germany, the UK, Brazil, Canada, China, India, South Korea, Japan, among others, are expanding the use of medical thermometers to accurately measure the body temperature of patients for providing an appropriate treatment plan for the patients. The increasing awareness of self-healthcare among individuals in developed and emerging economies facilitates using medical thermometers to measure the patient's body temperature precisely. Moreover, the stringent regulations imposed on the use of mercury-based medical devices by the government of China, the U.S., California, Michigan, and Oregan are leading to the development of technologically advanced and digitalized thermometers that can assist healthcare professionals in rapidly measuring patient's body temperature without physical contact, thereby preventing the risk of contracting infectious diseases through the contact of medical thermometers. The ongoing improvements in the infrared and digital thermometers to deliver results within a second with an easy-to-read display are expected to accelerate their adoption by medical professionals and in-home healthcare settings.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Medical Thermometer Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medical Thermometer Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Medical Thermometer Market, highlighting leading vendors and their innovative profiles. These include 3M Company, A&D Company, Limited, AdvaCare Pharma, Amber Hydrometers, American Diagnostic Corporation, Baxter International Inc., Beurer GmbH, Braun Healthcare, Calera, Cardinal Health, Inc., Citizen Watch Co. Ltd., DR Instruments Inc., EASYTEM Co., Ltd., Easywell Biomedicals, Inc., Exergen Corporation, GE HealthCare, Geratherm Medical AG, Haiden Technology Pvt. Ltd., Hicks Thermometers (India) Ltd., iHealth Lab Inc., Innovo Medical, Jorgensen Labs, Inc., Kinsa Inc., Mckesson Corporation, Medline Industries, LP, Medtronic PLC, Microlife Corporation, Nareena Lifesciences Pvt. Ltd., Nureca Ltd., Omron Corporation, S.Brannan & Sons Ltd., and Withings.Market Segmentation & Coverage
This research report categorizes the Medical Thermometer Market to forecast the revenues and analyze trends in each of the following sub-markets:- Device
- Mercury-Based
- Mercury-Free
- Analog Thermometer
- Digital Thermometers
- Point of Measurement
- Ambient
- Anal
- Ear
- Forehead
- Oral
- Patient Age Category
- Adults
- Pediatrics
- Connectivity
- Bluetooth
- Radio Frequency
- WiFi
- End-User
- Clinics
- Hospitals
- Independent Consumer
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Medical Thermometer Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medical Thermometer Market?
- What are the technology trends and regulatory frameworks in the Medical Thermometer Market?
- What is the market share of the leading vendors in the Medical Thermometer Market?
- Which modes and strategic moves are suitable for entering the Medical Thermometer Market?
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Table of Contents
Companies Mentioned
- 3M Company
- A&D Company, Limited
- AdvaCare Pharma
- Amber Hydrometers
- American Diagnostic Corporation
- Baxter International Inc.
- Beurer GmbH
- Braun Healthcare
- Calera
- Cardinal Health, Inc.
- Citizen Watch Co. Ltd.
- DR Instruments Inc.
- EASYTEM Co., Ltd.
- Easywell Biomedicals, Inc.
- Exergen Corporation
- GE HealthCare
- Geratherm Medical AG
- Haiden Technology Pvt. Ltd.
- Hicks Thermometers (India) Ltd.
- iHealth Lab Inc.
- Innovo Medical
- Jorgensen Labs, Inc.
- Kinsa Inc.
- Mckesson Corporation
- Medline Industries, LP
- Medtronic PLC
- Microlife Corporation
- Nareena Lifesciences Pvt. Ltd.
- Nureca Ltd.
- Omron Corporation
- S.Brannan & Sons Ltd.
- Withings
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 188 |
Published | March 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 2.54 Billion |
Forecasted Market Value ( USD | $ 7.17 Billion |
Compound Annual Growth Rate | 15.9% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |