Infrared Thermometers Global Market Report 2024

The infrared thermometers market size has grown strongly in recent years. It will grow from $2.06 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed in the historical period can be attributed to measures for emergency preparedness, applications in remote sensing, cost-effectiveness, considerations related to travel and transportation, and consumer acceptance.

The infrared thermometers market size is expected to see strong growth in the next few years. It will grow to $2.99 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The anticipated growth in the forecast period can be attributed to health and safety regulations, the expansion of the healthcare sector, global health preparedness efforts, growing demand for home use, and increased demand in industrial and commercial sectors. Major trends in the forecast period include addressing global health challenges, a consumer preference for contactless technology, the application of remote sensing, a focus on efficiency and cost-effectiveness, and considerations related to travel and public spaces.

The anticipated rise in infectious diseases globally is set to propel the growth of the infrared thermometer market. Infectious diseases result from the invasion of pathogens into the human body. Infrared thermometers serve as temperature measurement devices, facilitating mass screening during pandemics of infectious diseases such as COVID-19, severe acute respiratory syndrome, Ebola virus outbreaks, and influenza A. For example, the Office for National Statistics reported an increase in infection rates for individuals aged 35 to 69 years and those in school years 12 to 24 in England by the week ending December 9, 2022. During the week ending December 18, 2022, the hospital admission rate for confirmed COVID-19 cases in England rose to 9.56 per 100,000 individuals, with admission rates to intensive care units (ICUs) and high dependency units (HDUs) reaching 0.29 per 100,000 inhabitants. Hence, the escalating global prevalence of infectious diseases is a key driver for the growth of the infrared thermometer market.

The growing number of COVID-19 cases is expected to contribute to the expansion of the infrared thermometer market. COVID-19, caused by the SARS-CoV-2 virus, is a highly contagious respiratory illness. Infrared thermometers play a crucial role in non-contact temperature screening and fever screening for COVID-19 cases, offering high-accuracy results and swift measurements of patients. According to The New York Times in December 2023, hospitalizations for COVID-19 patients in the USA increased from 133,600 in January 2021 to 158,826 in January 2022. Therefore, the surge in COVID-19 cases is a driving force behind the growth of the infrared thermometer market.

A notable trend gaining traction is the emphasis on technical advancements. Key players in the market are actively engaged in the development of innovative technologies to fortify their market positions. For instance, in July 2021, iGear, an India-based company specializing in gadgets and smartphone accessories, introduced Thermo Check, a fully automatic and contactless unmanned infrared thermometer. This device can be conveniently mounted on a wall or tripod at the entrance of various locations such as housing societies, offices, malls, and schools. Thermo Check streamlines the temperature screening process by eliminating the need for traditional manual scanning with handheld IR thermometers, reducing delays, and minimizing the risk of exposure to security personnel. Visitors can self-scan before entering premises, enhancing efficiency and safety.

Major players in the infrared thermometers market are directing their efforts toward innovation, particularly in the introduction of Bluetooth-enabled infrared thermometers, to gain a competitive advantage. These innovative thermometers provide quick and accurate results, allowing patients to automatically transmit data to healthcare professionals. In July 2023, Tenovi Co., a US-based innovator in remote patient monitoring solutions, launched the cellular-enabled Infrared Thermometer. This medical device, incorporating Remote Patient Monitoring (RPM), enables patients to send real-time temperature readings to healthcare providers. The Tenovi Thermometer offers a rapid 1-second measurement for remote tracking of body temperature and sends alerts to healthcare professionals, facilitating prompt and effective care in postoperative and chronic care scenarios.

In February 2021, Dealmed, a US-based manufacturer and distributor of medical supplies, entered into a partnership with Eastman Kodak Company for the production of infrared thermometers. This collaboration expands Dealmed's supply network and product offerings, while also enhancing Kodak's presence in the medical sector. Eastman Kodak Company, a US-based provider of digital imaging products and services, leverages this partnership to contribute to the growing demand for infrared thermometers in the medical industry.

Major companies operating in the infrared thermometers market report are OMRON Corporation, Braun GmbH, OMEGA Engineering Inc., HORIBA Ltd., PCE Deutschland GmbH, Weiss Instruments LLC, Thermomedics Inc., Microlife Corporation, Contec Medical Systems Co. Ltd., Fluke Corporation, Optris GmbH, Exergen Corporation, Geratherm Medical AG, PAUL HARTMANN AG, BPL Medical Technologies, Cardinal Health Inc. (formerly Medtronic), American Diagnostic Corporation, Electronic Temperature Instruments Ltd., General Tools & Instruments LLC, Hioki E.E. Corporation, Etekcity Corporation, Extech Instruments Corporation, Flir Systems Inc., Helect Inc., HoldPeak Electric Co. Ltd., iHealth Labs Inc., Infrared Cameras Inc., Kizen LLC, Klein Tools Inc., Lasergrip Technologies LLC.

North America was the largest region in the infrared thermometers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the infrared thermometers market share during the forecast period. The regions covered in the infrared thermometers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the infrared thermometers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary products within the category of infrared thermometers include handheld infrared thermometers, pocket infrared thermometers, and fixed-mount infrared thermometers. Handheld infrared thermometers serve as temperature-sensing devices utilized across various industries and environments. They use electromagnetic radiation to obtain non-contact surface temperature readings and are employed at measurement points such as the ear, forehead, and multifunctionally for diverse applications in medical and veterinary fields. These thermometers are made available through retail stores and online channels for use by hospitals, clinics, ambulatory surgical centers, and other end-users.

The infrared thermometers market research report is one of a series of new reports that provides infrared thermometers market statistics, including infrared thermometers industry global market size, regional shares, competitors with an infrared thermometers market share, detailed infrared thermometers market segments, market trends and opportunities, and any further data you may need to thrive in the infrared thermometers industry. This infrared thermometer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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