Global Infrared Thermometer Market, By Technology (Handheld Infrared Thermometer, Fixed Mount Infrared Thermometer, Pocket Infrared Thermometer, and Others), By End User (Diagnostic Clinics, Hospitals, Research Organization, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 14 Billion in 2023 and is expected to exhibit a CAGR of 7.1% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
Increasing organic growth strategies such as product launch by key market players to expand its product portfolio is expected to drive market growth over the forecast period. For instance, in May 2020, Emerson, a global technology and engineering company, announced the launch of 4DET-306-01 infrared forehead thermometer. This thermometer was specifically designed for use on the forehead. The no-contact device can measure people’s body temperature by detecting the intensity of infrared light emitted from the forehead. It converts the measured heat into a temperature reading displayed on the Liquid-crystal display (LCD).
Global Infrared Thermometer Market– Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2019 as "coronavirus disease 2019" or COVID-19. This virus spread quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries, such as India, China, Brazil, and others faced problems with regard to the transportation of drugs from one place to another.
COVID-19 had a positive impact on the global infrared thermometer market, as companies were engaged in product portfolio expansion strategies, in order to manufacture and launch products, which are required during the COVID–19 pandemic situation. For instance, in June 2020, Astrum Holdings Ltd., a Hong Kong-based manufacturer of IT accessories and consumer electronic goods, added infrared thermometers segment to its product portfolio, thereby expanding its health category. In June 2020, the company launched infrared thermometer GF-Z99Y, in India, for proper detection and monitoring of the COVID-19 positive patients. This infrared thermometer is a contactless device, which can record temperature from a distance of 3-5 cm and can store up to 100 records in its built-in storage. This infrared thermometer is intended to be used in hospitals, airports, railway stations, offices, schools, malls, and for home and personal use.
Global Infrared Thermometer Market: Key Developments
On March 30, 2023, Dr. Reddy’s Laboratories Ltd., a pharmaceutical company, worked on launching the Fever Day Campaign to enhance awareness of the importance of fever management. For this campaign, tallest thermometer structure was created and installed at Phalodi, Rajasthan, India. Fever Day Camps were rolled out in more than 50,000 clinics across India as part of this campaign.
In August 2022, Exergen Corporation, the leader in infrared temperature measurement for medical applications, is pleased to announce that NIDEK Medical, a pan Indian Medical distributor, has signed an agreement to distribute the temporal artery line consisting of the TAT-5000, TAT-2000 and TAT-2000C Temporal Artery Thermometers and accessories in India.
In May 2020, Segun Life, a manufacturer of wearables and healthcare devices working towards various COVID-19 Helplines and non-profit initiatives, has partnered with TCL, a China based electronics company, to launch infrared thermometer to aid COVID-19 in India. The thermometer comes with Liquid-crystal display (LCD) display with vibration alert and accurate ergonomic measurements. The thermometer is non-touch 3-in-1 digitally equipped for different levels of temperature. It can measure temperature in the room for food, objects and liquids also. The device comes with no-touch digital sensors to measure temperature from a distance to avoid contact risk. It is provided with a switch option between Celsius and Fahrenheit. The non-touch 3-in-1 digital infrared LED changes its colour basis temperature between High, Normal and Low. It changes backlight colour while detecting fever to red.
Browse 31 Market Data Tables and 34 Figures spread through 212 Pages and in-depth TOC on “Global Infrared Thermometer Market”, By Technology (Handheld Infrared Thermometer, Fixed Mount Infrared Thermometer, Pocket Infrared Thermometer, and Others), By End User (Diagnostic Clinics, Hospitals, Research Organization, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/infrared-thermometer-market-4084
Key Takeaways of the Global Infrared Thermometer Market:
- The global infrared thermometer market is expected to exhibit a CAGR of 7.1% during the forecast period due to increasing organic growth strategies such as product launch by key market players to expand its product portfolio. For instance, in January 2020, B.Well Connected Health, a technology company, announced the launched of non-contact WF-4000 infrared thermometer. The device can measure the temperature of the body within one second. The device is useful for measuring temperature in babies as the thermometer records temperature in silent mode. The non-contact WF-4000 infrared thermometer can be used for measuring the temperature of water in the bath, temperature of air indoors & outdoors, and also the temperature of the baby food can be recorded before feeding the baby.
- Among Technology, Handheld Infrared Thermometer segment is expected to be the dominant in the global infrared thermometer market, owing to increasing reserch & development activities by research organization for development of handheld infrared theromometer in order to expand product portfolio is expected to drive the segment growth over the forecast period. For instance, in April 2020, CSIR-National Chemical Laboratory, a research, development and consulting organization, designed and developed a hand held digital infrared thermometer to measure COVID-19 infection patients.
- Among End User, Hospitals segment is expected to be the dominant in the global infrared thermometer market, owing to various companies are engaged in expanding its business in different territories in order to make the products available to the population during the COVID–19 pandemic. For instance, in January 26, 2020, Exergen Corporation, a designer and manufacturer of infrared scanners, thermometers, headquartered in the U.S, inaugurated new Exergen’s Medical Division in India. Exergen Medical make available both the infrared thermometers, TAT-5000 and the TAT-2000, in the market for use in Indian hospitals and another infrared thermometer, TAT-2000C, for use by India based consumers. These infrared thermometers will help in detecting as well as monitoring the COVID-19 positive patients. Such strategies are expected to drive the global infrared thermometer market growth over the forecast period.
- Major players operating in the global infrared thermometermarket include Thermo Fisher Scientific Inc., Exergen Corporation, Ra Lifecare Pvt Ltd, OMRON Corporation, OMEGA Engineering inc., Morepen laboratories Limited, CP PLUS International, MGL Euman, Fluke Corporation, SG Corporate Mobility Pvt Ltd., BPL Medical Technologies, Lifeline Medical Inc., Contec Medical Systems, Paul Hartmann AG, Welch Allyn, Microlife Corporation, and Geratherm Medical AG.
