Expert Market Research’s new report titled ‘Global Disposable Thermometers Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global disposable thermometers market, assessing the market on the basis of its segments such as type, target area, end use and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 17% (global medical thermometer market)
The COVID-19 pandemic is one of the major reasons for the gigantic growth of the disposable thermometer market. The continued spike in the number of COVID-19 cases is expected to fuel the market during the forecast period. The pandemic has also raised awareness about maintaining good health and therefore in order to prevent infections caused by other diseases, such as C.difficile, MRSA, MDRO, Norovirus, Rotavirus and other HAIs, people are investing in these types of thermometers. Additionally, the benefits offered by the use of disposable thermometers such as cost effectiveness, prevention of cross infection, hygiene, and accuracy are expected to drive the market in the coming years. Moreover, the increase in population and increase in disposable income would further contribute to the growth of the market.
Industry definition and major segments
A disposable thermometer is a temperature measuring device with a measuring range of 96.0 to 104°F. These thermometers are used for a few target areas of the body, such as the forehead, armpits, and rectum. The main reason behind the use of disposable thermometers is to reduce the risk of cross infection that can occur with the use of other thermometer systems.
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Based on Type of Thermometers, the market has been segmented as follows:
• Digital thermometer
• Mercury thermometer
• Strip thermometer
Based on the target area, EMR has segmented the market into the following categories:
Further, according to the end uses of these thermometers, the market can be divided into:
• Home care settings
• Diagnostic center
The report also provides in-depth market analysis of various regions including:
• North America
• Asia Pacific
• Latin America
• The Middle East and Africa
The increasing prevalence of bacterial and viral diseases has led to a huge increase in the use of disposable thermometers. The use of these thermometers has increased in healthcare facilities due to the accuracy they offer. The market is likely to be driven by continuous technological innovations and new product launches to meet future market demands. The excellent performance of these thermometers has been possible thanks to solid crystal technology, a technological innovation in the field. Tempagenix, LLC also plans to release a new version of its Temp-N-Toss disposable thermometer, which is said to be not only environmentally friendly but also more accurate compared to its previous version. Advanced product launches or innovations are expected to support the market growth over the forecast period.
Main market players
The major market players are GF Health Products, Inc., 3M Co., Cardinal Health, Inc., Hangzhou Hua’an Medical & Health Instruments Co., Ltd, and Medical Indicators Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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