Infrared thermometers are utilized for non-contact temperature measurement and are commonly used for screening of fevers in individuals and patients. They offer several advantages like speed, accuracy, ease-of-use and hygiene over conventional thermometers.
The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising demand from the healthcare sector is one of the key trends driving the growth of the Global Infrared Thermometer Market Size. Increasing incidence of epidemics and pandemics like COVID-19 has created a huge demand for infrared thermometers for screening of fevers in public places like airports, malls, offices etc. Several governments and organizations across the world are utilizing infrared thermometers for monitoring of individuals. For instance, the FDA approved few infrared thermometers for temperature screening in hospitals, clinics and other healthcare centers during COVID-19. This rising adoption is expected to continue in the forecast period, thereby propelling the market growth.
Segment Analysis
The global Infrared thermometer market is segmented by type, end user and geography. By type, the non-contact sub-segment dominates the market and accounts for more than 60% market share. Non-contact thermometers are preferred more compared to contact thermometers as they allow touchless temperature measurement and are considered hygienic.
Key Takeaways
The global Infrared thermometer market is expected to witness high growth over the forecast period of 2024 to 2031. The growth can be attributed to rising awareness regarding importance of temperature screening amid growing COVID-19 pandemic. The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.
Regional analysis
Asia Pacific is expected to witness the fastest growth and dominate the global infrared thermometer market during the forecast period. Countries like India, China and Japan are manufacturing and investing heavily in medical devices like infrared thermometer. Rising cases of COVID-19 infections and temperature screening mandated at public places like airports in these countries is driving the market growth.
Key players
Key players operating in the Infrared thermometer market are Becton, Dickinson and Company, Lohmann & Rauscher, Komal Health Care Pvt. Ltd., Paul Hartmann AG, DeRoyal Industries Inc., Tytex, Shandong Dermcosy Medical Co., Ltd., Smith & Nephew plc, Dynarex Corporation, Talent Healthcare, 3M and Datt Mediproducts Pvt. Limited. Becton, Dickinson and Company capture highest market share due to wide product portfolio and strong distribution channel.
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COVID-19 Impact Analysis on Infrared Skin Thermometer Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the infrared skin thermometer market include Honeywell, SEASTAR Corporation, 3M, Omron, Braun, Microlife, Radiant, Jinxinbao, Easywell Biomedicals, Shenzhen Dongdixin Technology.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Infrared Skin Thermometer Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/infrared-skin-thermometer-market/download-sampleMarket Dynamicshe growing spread of infectious diseases is driving the demand for infrared skin thermometers.
Since the use of infrared skin thermometers does not involve anybody's surface contact, the risk of cross-infection is negligible, and neither disinfection nor disposable probe covers are needed.
A growing increase in awareness regarding infrared thermometer and the need for safe and quick test results is also a driving adoption rate of infrared skin thermometer.
Global Infrared Thermometer Market: Snapshot The global infrared thermometer market is foreseen to experience the greatest effect of rise in investment in healthcare sector and furthermore the different innovations that are occurring.
This has given birth to the infrared thermometer gadget and its market, which is taken ahead by the abilities of the gadget.
Infrared thermometers are said to give more precise outcomes than the traditional thermometers.
It has discovered its application in zones like veterinary and healthcare sector, among which the healthcare division is estimated to lead the global infrared thermometer market.
Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=49629Global Infrared Thermometer Market: Trends and Opportunities The affordability and simplicity of usage are the major driving factors which are surging the demand of infrared thermometers.
Additionally, the gowning demand for speedy and more secure results is yet another driving factor aligned with increase in adoption rate of infrared thermometer.
According to a research report "Infrared Thermometer Market by Type (Fixed, Portable), Component (Optical, Display & Interface Units), Application (Medical, Non-Medical), End-Use (Residential, Commercial, Industrial), and Geography - Global Forecast to 2025", published by MarketsandMarkets, the infrared thermometer market is projected to reach USD 3.6 billion by 2025 from USD 2.3 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025.Browse 90 market data Tables and 53 Figures spread through 180 Pages and in-depth TOC on "Infrared Thermometer Market - Global Forecast to 2025"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191167475The major factors driving the market growth include the increasing number of COVID-19 patients and the rising adoption of infrared thermometers across the manufacturing sector and construction applications drive the growth of the infrared thermometer market.
Opportunities for 2nd generation of infrared thermometers, rising R investmets by companies, and capital firms, to develop innovative thermal scanning solutions and infrared thermometers, rising adoption of infrared thermometers in HVAC and refrigeration applications provide significant opportunities for the infrared thermometer market.Based on types, the portable segment of the infrared thermometers market is projected to grow at the highest CAGR from 2020 and 2025.Based on types, the portable segment is expected to grow at the fastest rate in the infrared thermometer market.
Handheld infrared thermometers are noncontact, inexpensive, easy to use devices that help in rapid temperature measurement.
Optical components, including detectors, are used to detect the reflected infrared energy, focus the radiation energy onto the IR detector, and filter out radiation outside the desired wavelength band.Based on application, the medical segment of the infrared thermometers market is projected to grow at the highest CAGR from 2020 and 2025.By application, the medical segment is expected to grow at the highest rate in the infrared thermometer market.
On the other hand, non-medical infrared thermometers are mainly used in the industrial end use segment.Based on end-use, the commercial segment of the infrared thermometers market is projected to grow at the highest CAGR from 2020 and 2025.
The commercial segment is expected to grow primarily due to the significant adoption in commercial segments such as hospitals and healthcare facilities, banks and financial institutions, retail, government, and hospitality sectors.
