CHINA THERMOMETERS MARKET ANALYSIS

The China thermometers market is estimated to be valued at US$ 283.5 million in 2023 and is expected to exhibit a CAGR of 15 % during the forecast period (2023-2030).

Analysts’ Views on China Thermometers Market:

Increasing health consciousness and rising patient awareness are among the major factors contributing to the growth of china thermometers market. growing demand for self-healthcare, companies such as Nexcare and terumo corporation introduced portable products, which are user-friendly and also can be easily adopted by any patient. Additionally, innovative product launches are also expected to drive the growth of the market in this region.

Figure 1. China Thermometers Market Share (%), by Product Type, 2023

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China Thermometers Market– Driver

Emergence of Covid-19

Emergence of Covid-19 is expected to propel growth of China thermometers market over the forecast period. For instance, according to a report pubished in the World Health Orginasation in China, from January 2020 to 2 July 2020, reported there have been 85,263 confirmed cases of COVID-19 with 4,648 deaths. According to the information conveyed to WHO by Chinese authorities on 11 and 12 January in 2020, 41 cases with novel coronavirus infection has been preliminarily diagnosed in Wuhan City. Of the 41 cases reported.

Increasing adoption of digital thermometers

Increasing adoption of digital thermometers is also expected to aid in growth of the market. Digital thermometers can record temperatures from the mouth, armpit or rectum in a minute or less and are suitable for newborns, infants, and children. For instance, in April 2020, Xiaomi, a home products including thermometers, hygrometers manufacturing company, launched new digital thermometer its ultra-cheap product dubbed seconds-test medical electronic thermometer.

Figure 2. China Thermometers Market Share (%), by End User, 2023

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China Thermometers Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others are facing problems with the transportation of device from one place to another.

However, the COVID-19 pandemic had a positive impact on the China Thermometers market. For instance, in April 2020, National Health Research Institutes (NHRI), a government-sponsored and mission-oriented medical research center, the thermometer incorporates artificial intelligence (AI) technologies launched next-generation, smart infrared thermometer developed in Taiwan that is integrated with artificial intelligence (AI) to eliminate erroneous readings. The device's AI capability allows it to estimate temperatures identfied. This minimizes errors caused by interference from radiation emitted by objects held in a person's hand while being screened.

China Thermometers Market Segmentation:

The China thermometers market report is segmented into By Product Type and By End User, and By Region,

By Product Type, the market is segmented into Mercury and Mercury free. Out of which, the Mercury free segment is expected to hold a dominant position in the China thermometers market during the forecast period and this is attributed to awareness of mercury poison.

By End User, the market is segmented hospitals, clinics, research labrotories, ambulatory services, and others. Out of which, the hospitals segment is expected to hold a dominant position in the China thermometers market during the forecast period and this is attributed to the increase in several medical conditions such as, malaria, dengue, and swine flu involve accurate body temperature readings to determine the line of treatment.

China Thermometers Market: Key Developments

In March 2020, Coolpad, a consumer electronics company, switched some of the manufacturing capacity at its China facilities from consumer electronic devices to producing civilian-grade masks and non-contact infrared thermometers.

On March 07, 2023, B. Braun Medical Inc.  in infusion therapy and pain management, develops, manufactures, and markets innovative medical products and services to the healthcare industry, announced an online education platform for healthcare providers designed to improve clinical practice and patient care. This easy to use, web-based platform, accessible across devices, complements B. Braun’s full offering of value-added live and virtual clinical and technical training. The learnings in B. Braun e-University help providers stay with education, even during changeover, and shortages in the education departments of some healthcare facilities.

In January 2022,  AViTA Medical is a clinical and commercial company developing and marketing a range of respiratory and regenerative products, launched NT22B Touch Free Infrared Thermometer, intended for home use and the intermittent measurement of human body forehead temperature in people of all ages.

In October 2020, GreenTEG, is develops and distribute thermal sensor and energy harvesting solutions. The company's product portfolio includes laser detectors, heat flux sensors, launched Core medical in the U.S. as a clinical thermometer.

China Thermometers Market: Key Trends

Increasing demand for thermometers and other medical supplies for the management of COVID-19

Increasing demand for thermometers and other medical supplies for the management of COVID-19 is expected to aid in growth of the market. For instance, in April 2020, Government of the People's Republic of China, handed over 3000 PRC test units and 200 thermometers to Lebanon.

China Thermometers Market: Restraint

Presence of mercury in traditional thermometers

Presence of mercury in traditional thermometers is expected to hinder growth of the market. Traditional thermometers with toxic mercury are harmful for human and wild life. For instance, in February 2021, Enviromental Protection Agency EPA, China, has launched an effort to reduce the use of mercury-filled non-fever thermometers used in industrial settings where suitable alternatives exist. As part of a partnership enviromental projection agency developed with the National Institute of Standards and Technology (NIST), NIST no longer provides calibration services for mercury thermometers.

Key market players are focusing on manufacturing of mercury free device.

China Thermometers Market- Key Players

Major players operating in the china thermometers market include B. Braun Medical Inc., Microlife Corporation, Radiant Innovation Inc., Guangzhou JinXinBao Electronic Co., Ltd., Easywell Bio, Shenzhen Dongdixin Technology Co., Ltd., AViTA, Shenzhen Brav Electronic Technologies Co., Ltd., Shanghai Feilong Meters & Electronics Co., Ltd., Guangzhou Berrcom Medical Device Co., Ltd., Hangzhou Hua’An Medical & Health Instruments Co., Ltd., Sinnyuan Industrial Co., Ltd., Shenzhen Sekinno Equipment Co., Ltd., and Guangzhou JT Electronic Co., Ltd.

*Definition: A thermometer is a device that measures temperature or a temperature gradient. It has two important elements: a temperature sensor and a visible scale or a digital readout. Thermometers find application in nanothermometry, cryometer, medical, food and food safety, environmental, and industrial sectors.