Digital Thermometer Market By Product Type (Oral thermometer, Digital ear thermometer, Forehead thermometer, App-based thermometer, Others), By Interface (Contact, Contact free), By Sensor Type (Resistance Temperature Detector, Thermocouple, Thermistor), By End Use Verticals (Residential, Commercial, Industrial, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global digital thermometer market was valued at $757.8 million in 2021 and is projected to reach $1,303.8 million by 2031, registering a CAGR of 5.6% from 2022 to 2031. A digital thermometer is used to verify a smart temperature transmitter under flowing conditions and a successful calibration of the smart temperature transmitter. In addition, an increase in demand for mercury-free thermometers is expected to drive the growth of the market during the forecast period.
The growth of the global Digital Thermometer market is majorly driven by mercury-free thermometers globally paired with an increase in the number of medical situations around the globe. Moreover, government/institution's initiative associated with enhancing medical/healthcare infrastructure at the regional and global level is expected to propel the digital thermometer market growth during the forecast period. On the contrary, the distribution of clinical thermometers and related equipment in remote areas and emerging nations provides lucrative opportunities for the growth of the digital thermometer market during the forecast period.
The global digital thermometer market research is segmented into product type, interface, sensor type, and end user verticals. On the basis of product type, the market is fragmented into oral thermometers, digital ear thermometers, forehead thermometers, app-based thermometers, and others. The forehead thermometer segment dominated the market, in terms of revenue, in 2021, and is expected to follow the same trend during the forecast period. By interface, it is divided into contact and contact free. The contact free segment was the highest revenue contributor in 2020 and is anticipated to garner significant market share during the forecast period. By sensor type, the market is categorized into resistance temperature detector, thermocouple, and thermistor. The resistance temperature detector segment acquired the largest share in 2021 and is expected to grow at a high CAGR from 2022 to 2031. By end user verticals, the market is segmented into residential, commercial, industrial, healthcare, and others. The healthcare segment subjugated the market, in terms of revenue, in 2021, and is expected to follow the same trend during the forecast period.
The key players operating in the market include A&D Medical (A&D Company, Limited), Actherm Inc. (FORTECHGRP CO., LTD.), AMETEK Land (Land Instruments International Ltd), EXTECH (Teledyne FLIR), Fairhaven Health, Omega Engineering Inc. (Spectris plc), OMRON Healthcare Inc., PCE Holding GmbH, RG Medical Diagnostics, and Terumo Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the digital thermometer market analysis from 2021 to 2031 to identify the prevailing digital thermometer market size.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the market segmentation assists to determine the prevailing digital thermometer market opportunity.
The current assets monitoring systems for digital thermometer market forecast is quantitatively analyzed to benchmark the financial competency.
Major countries in each region are mapped according to their revenue contribution to the global digital thermometer industry.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players for digital thermometer market share.
The report includes the analysis of the regional as well as global digital thermometer market trends, key players, market segments, application areas, and market outlook.
Key Market Segments
By End Use Verticals
Residential
Commercial
Industrial
Healthcare
Others
By Product Type
Oral thermometer
Digital ear thermometer
Forehead thermometer
App-based thermometer
Others
By Interface
Contact
Contact free
By Sensor Type
Thermistor
Resistance Temperature Detector
Thermocouple
By Region
North America
Mexico
U.S.
Canada
Europe
France
Germany
Italy
Spain
United Kingdom
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
a&d medical
omega engineering
Actherm Inc.
AMETEK Land
OMRON Healthcare Inc.
PCE Holding GmbH
RG Medical Diagnostics
terumo corporation
extech instruments
fairhaven health, llc
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook