U.s. Medical Thermometer Market To Explore Emerging Trends Of Upcoming Years

By Author: Grand View Research, Inc.
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The U.S. medical thermometer market size is expected to reach USD 653.0 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 28.7% over the forecast period. Increasing cases of COVID-19, malaria, influenza, and norovirus along with other medical conditions are driving the product demand for the assessment of precise body temperature.

In addition, growing demand for Non-contact Clinical Electronic Thermometers (NCITs) is expected to boost market growth. As compared to contact type thermometer, NCITs are more frequently used in various infectious diseases including COVID-19, as components of the contact type, clinical thermometer poses high risks of infection.

Moreover, the introduction of new products and incorporation of new technologies by market players are likely to boost the market growth during the forecast period. For instance, MicroLife is the first company to launch ‘Silent Glow Technology”, which shows red light if the temperature exceeds 37.4 degree Celsius.

Further key findings from the report suggest:
• Based on devices, the market is segmented ...
... into mercury-based and mercury-free. Mercury-free was the leading device segment with a share of over 60.6% in 2019
• The segment is projected to retain its dominant position over the forecast years on account of to the benefits of these devices, such as accurate readings & low chances of cross-infection, as well as rising prevalence of diseases such as fever and flu
• The mercury-free segment is further divided into infrared radiation, digital, and other thermometers and is projected to expand at the fastest CAGR over the forecast period
• Some of the key players operating in the market are Medline Industries, Inc.; 3M; Welch Allyn; America Diagnostics Corp.; A&D Medical; Exergen Corporation, and MicroLife Corporation
• Market participants are trying to gain competitive advantage by providing technologically advanced products, such as Bluetooth-enabled thermometers and multifunctional NCITs
• For instance, in April 2020, Kinsa, Inc., distributed around 7,500 Bluetooth-enabled smart thermometers, which can pair up with smartphone apps and allow tracking of real-time COVID-19 hot spots across the U.S.

Browse Complete Summary of This Report: https://www.grandviewresearch.com/industry-analysis/us-medical-thermometer-market

Moreover, the ban of traditional mercury in-glass fever thermometer in 13 states of the U.S. boosts the sale of non-contact thermometers. The government has passed laws for banning the production and sale of mercury thermometers. Through various initiatives, such as the mercury pollution prevention program, the United States Environmental Protection Agency (USEPA) has been spreading awareness about the harmful effects of mercury. Currently, infrared thermometers are being widely used for screening body temperature in public places, given their non-contact benefit.

Instant patents have been provided to many companies that are developing infrared sensors for temperature measurement, to avoid cross-contamination, which is also likely to support market growth. Emerging and small-sized companies, such as Kinsa, a San Francisco-based start-up, and SpotSee, a Texas-based company, are expanding their manufacturing capabilities to address the rising need for thermometers. For instance, Kinsa, Inc., distributed around 7,500 Bluetooth-enabled smart thermometers to community-based organizations and underserved individuals.

This thermometer can pair up with a smartphone app, and allow tracking of real-time COVID-19 hot spots across the U.S. Furthermore, presence of key manufacturers and a number of research and academic institutes using thermometers for laboratory purposes along with rising concerns regarding self-health care management are expected to boost the market growth. For instance, temperature monitoring will be the new norm for COVID-19 infection screening, until a vaccine is ready.

With the community spread of the infection across the globe, including the U.S., over-the-counter sales of thermometers in the consumer market is rising. Citizens were informed to self-screen and monitor themselves at regular intervals. Thus, rising awareness about the significance of body temperature monitoring as an effective way to identify illnesses prior to clinical diagnosis drives the product demand. Moreover, increasing the prevalence of other diseases, such as dengue, swine flu, and malaria, drive demand for these devices for assessment of precise body temperature. According to the CDC, every year, approximately 2,000 cases of malaria are diagnosed in the country.

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The mercury-free segment led the overall market in 2019 accounting for the highest share of over 60%. The segment is further divided into infrared radiation, digital, and other thermometers. It is estimated to retain its leading position registering the fastest CAGR over the forecast period. This growth can be attributed to the technological advancements, new product launches by key manufacturers, and rising prevalence of fever and flu.

Other factors driving the segment include benefits offered by mercury-free thermometers, such as higher accuracy, non-contact surface temperature readings, and low chances of cross-infection. In 2018, the Drug Technical Advisory Body (DTAB) approved a proposal to include mercury-free thermometers with BP monitoring machines under the preview of the D&C Act, 1940. This proposal has helped maintain the quality of thermometers, ensuring patient safety. In addition, the growing spread of COVID-19 infection in the U.S. also increased the demand for these devices.

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