Global Medical Thermometers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global medical thermometers market in its upcoming report titled, “Global Medical Thermometers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global medical thermometers market is estimated to register a CAGR of XXX% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical thermometers market report has been segmented on the basis of product, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

A medical thermometer is a diagnostic medical device which is use for measuring body temperature of human or animal. The medical thermometer has a tip that is inserted either into the mouth, under the tongue, under the armpit or into the rectum and a temperature sensor which is either mercury based or digital based. Medical thermometer is accurate and sensitive. Most of medical thermometer show both Celsius scale and Fahrenheit temperature scales. Medical thermometers are most handy and useful of all the medical instruments that can use at home as well as in hospitals.

Key factor expected to drive growth of the global medical thermometers market is increasing fitness awareness. In addition, growing aging population, rising healthcare expenditure, increasing awareness regarding self-care management are the factors boosting the demand for global medical thermometers market. Moreover, the development of advanced medical thermometers as well as rising demand for quick and safe test coupled with increasing in adoption rate of digital thermometer is expected to fuel the market growth during the forecasted years.

Moreover, growing number of medical conditions that requires accurate measurement of body temperature for deciding the treatment options is expected to increase the demand for thermometers over the forecast period. However, stringent governing policies by regulatory healthcare authority may restraint the growth of the global medical thermometers market in the near future.

Key market players are focusing on new product launches, collaborations & mergers, and acquisitions in order to enhance their product portfolio as well as expand their global presence. Established players in the global medical thermometers market are directing towards formation of strong network of retailers & distributors.

The market in North America is expected to dominate the global medical thermometers market, owing to increasing R&D activities, technological advances, rising concern of individuals regarding self-health care management. In contrast, Asia Pacific is expected to register highest CAGR for medical thermometers, owing to increasing health care expenditure, developing medical infrastructure.

GLOBAL MEDICAL THERMOMETERS MARKET SEGMENTATION:

Segmentation by product:

• Mercury Based
• Mercury Free
• Infrared Radiation Thermometer
• Digital Thermometer
• Others (including pacifier thermometer, forehead strip thermometers, etc.)

Segmentation by Application:

• Hospital
• Clinics
• Others (home care, ambulatory surgical centers, etc.)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa