December 8, 2024
Infrared Thermometers

The Infrared Thermometer Market is Expected to be Flourished by Growing Demand for Non-Contact Thermometers

Infrared thermometers are medical devices that are used to measure body temperature without physical contact with the subject. These contactless thermometers use infrared radiation emitted by the human body to capture the temperature. They are handy, convenient and hygienic for measuring temperature in hospitals, clinics, homes and other applications. Some key advantages of infrared thermometers include instantaneous readings, compliance with social distancing measures, reduced risk of cross-contamination and ease of use. The devices have found increasing demand during the ongoing COVID-19 pandemic for screening people in public places like malls, airports and corporate offices.

The global infrared thermometer market is estimated to be valued at US$ 14 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The growing demand for infrared thermometers can be attributed to two key drivers. Firstly, the ongoing COVID-19 pandemic has increased focus on non-contact temperature screening worldwide to curb the spread of the virus. Public health agencies and organizations across countries are recommending the use of infrared thermometers as they allow measuring temperatures without direct contact. Secondly, the convenience and hygiene benefits of these thermometers are augmenting their adoption over traditional mercury and digital thermometers in various healthcare settings as well as homes. However, factors such as availability of substitute technologies like thermal cameras and high costs of infrared thermometers compared to digital thermometers are expected to hinder market growth to some extent.

Segment Analysis
The global infrared thermometer market is dominated by the non-contact infrared thermometers segment, which holds around 70% market share. Non-contact infrared thermometers allow for temperature measurement without direct contact with the skin, making them highly suitable for medical applications where contact thermometers could spread infections. They are convenient and safer to use on patients with fever, infection or any other conditions. Some of the popular non-contact infrared thermometer brands include Braun, Omron, Microlife, etc.

PEST Analysis
Political: Governments across major countries have increased funding for healthcare infrastructure and initiatives to fight pandemics like COVID-19. This is driving greater demand for infrared medical thermometers for temperature screening. Various regulatory norms also ensure product quality and safety.
Economic: The outbreak of COVID-19 led to economic uncertainties but also boosted demand for infrared thermometers due to their advantages over other thermometers. Higher disposable income levels in developing nations are also expanding the market size.
Social: Rising health awareness and greater adoption of prevention and wellness practices are emphasizing the need for accurate, convenient and non-invasive temperature measurement devices like infrared thermometers. Their usage has become quite common in homes, hospitals, public places, etc.
Technological: R&D is focusing on developments like smaller probes, wifi connectivity and AI for automated fever detection. Advanced thermometers provide faster, more accurate and reliable readings in 1-2 seconds without contact. Some models offer memory to store past temperature readings.

Key Takeaways
Global Infrared Thermometer Market Size is expected to witness high growth over the forecast period, driven by factors like the ongoing pandemic, increasing usage in healthcare as well as other sectors, advanced product features and rising disposable income levels.

Regional analysis: North America currently dominates the market due to rapid rise in COVID-19 cases and advanced healthcare infrastructure. However, Asia Pacific is likely to emerge as the fastest growing market led by countries such as India and China where production and demand are increasing steadily.

Key players: Key players operating in the infrared thermometer market are Becton, Dickinson and Company, Lohmann & Rauscher, Komal Health Care Pvt. Ltd., Paul Hartmann AG, DeRoyal Industries Inc., Tytex, Shandong Dermcosy Medical Co., Ltd., Smith & Nephew plc, Dynarex Corporation, Talent Healthcare, 3M and Datt Mediproducts Pvt. Limited. These companies have strong brand recognition and lead the market through continuous innovations.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

View all posts by Money Singh →