Market Overview

The Global Medical Thermometer Market was valued at USD 1,793.9 million in 2023 and is expected to reach USD 3,470.8 million by 2031 while growing at a CAGR of 8.6% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global medical thermometer market growth. A medical thermometer is designed to measure body temperature and features a constriction in its tube above the bulb, which prevents the liquid column from moving downward after reaching its peak temperature. As a result, the thermometer continues to display the maximum temperature until the liquid is shaken back into the bulb.

The market experiences growth propelled by ongoing advancements in thermometer technology, including the introduction of digital thermometers offering swift and precise readings, and infrared thermometers featuring non-contact capabilities. Additionally, the rising incidence of fever-related illnesses contributes to market expansion. However, challenges like price sensitivity and supply chain disruptions impede this growth trajectory.

Furthermore, the global medical thermometer industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Medical Thermometer Market is segmented among Mercury-based Thermometers, and Mercury-free Thermometers, based on Product. In 2023, Mercury-based Thermometers accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End User Analysis

The Global Medical Thermometer Market is segmented among Hospitals, Clinics, and Other End Users, based on Type. In 2023, Hospitals accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Medical Thermometer Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are A&D Company Limited, American Diagnostic Corporation, Actherm Medical Corp., Exergen Corporation, Citizen Systems Japan Co. Ltd, Microlife Corporation, Omron Healthcare Inc., Cardinal Health, Innovo Medical, and Welch Allyn Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Medical Thermometer Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Medical Thermometer Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Medical Thermometer Market Segmentation, By Product

• Global Medical Thermometer Market Share Analysis, By Product

• Global Medical Thermometer Market Growth Analysis, By Product

• Global Medical Thermometer Market Trends, By Product

o Mercury-based Thermometers

o Mercury-free Thermometers

6. Global Medical Thermometer Market Segmentation, By End User

• Global Medical Thermometer Market Share Analysis, By End User

• Global Medical Thermometer Market Growth Analysis, By End User

• Global Medical Thermometer Market Trends, By End User

o Hospitals

o Clinics

o Other End Users

7. Global Medical Thermometer Market Segmentation, By Region

• Global Medical Thermometer Market Share Analysis, By Region

• Global Medical Thermometer Market Growth Analysis, By Region

• Global Medical Thermometer Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• A&D Company Limited*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• American Diagnostic Corporation

• Actherm Medical Corp.

• Exergen Corporation

• Citizen Systems Japan Co. Ltd

• Microlife Corporation

• Omron Healthcare Inc.

• Cardinal Health

• Innovo Medical

• Welch Allyn Inc.

*Similar analysis will be provided for each company listed above.