Global Thermometer Market Size To Worth USD 3.43 Billion by 2033 | CAGR of 8.06%
Category: HealthcareGlobal Thermometer Market Size, To Worth USD 3.43 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Thermometer Market Size is Expected to Grow from USD 1.58 Billion in 2023 to USD 3.43 Billion by 2033, at a CAGR of 8.06% during the forecast period 2023-2033.
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Browse key industry insights spread across 260 pages with 120 Market data tables and figures & charts from the report on the "Global Thermometer Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Mercury-Free Thermometer and Mercury-Based Thermometer), By Applications (Laboratories, Industrial, and Medical), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/thermometer-market
The global thermometer market aims to manufacture and distribute thermometers for diagnosing, treating, and monitoring human body temperature. Government initiatives for safe use and uniformity in thermometer use are driving market growth. The rise in infectious diseases, such as malaria and tuberculosis, and the widespread use of advanced thermometers contribute to the market's growth. Growing infectious diseases and medical ailments that demand precise body temperature readings are driving the growth of the global thermometer market. The pandemic has increased demand for smart devices and digital thermometers, emphasizing the significance of modern innovations in healthcare. Growing demand, customer acceptability, and government initiatives to improve establishments are the main drivers of the market's expansion. However, fluctuations in the temperature reading may constrain the market growth.
The mercury-free thermometer segment accounted for the largest market share of 63.71% in 2023 and is predicted to grow at a CAGR of 6.89% during the predicted period.
Based on the product type, the global thermometer market is categorized as mercury-free thermometer and mercury-based thermometer. Among these, the mercury-free thermometer segment accounted for the largest market share of 63.71% in 2023 and is predicted to grow at a CAGR of 6.89% during the predicted period. This sector growth is attributed to accuracy and environmental safety, EPA recommendations, and the popularity of mercury-free alternatives in industrial sectors.
The medical segment dominated the global thermometer market in 2023 and is predicted to grow at a substantial CAGR during the projected timeframe.
Based on the applications, the global thermometer market is categorized as laboratories, industrial, and medical. Among these, the medical segment dominated the global thermometer market in 2023 and is predicted to grow at a substantial CAGR during the projected timeframe. This is ascribed to its widespread use in clinical settings and its crucial role in diagnostic screening during infectious disease outbreaks or pandemics. The established infrastructure and high prevalence of illnesses requiring body temperature measurement contribute to its dominance.
North America is expected to hold the greatest share of the global thermometer market over the forecast period.
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North America is expected to hold the greatest share of the global thermometer market over the forecast period. The thermometer market is expanding due to factors like the aging population, rising healthcare costs, government programs, technical advancements, and rising diseases like swine flu, dengue, and malaria in North America.
Asia Pacific is predicted to hold the fastest-growing region of the global thermometer market throughout the estimated period. The market growth is owing to rising chronic diseases, advanced device demand, the elderly population in Japan and China, government support, and R&D investments.
Major key players in the global thermometer market are OMRON Corporation, Medtronic plc, 3M Company, Microlife Corporation, Briggs Healthcare, Terumo Corporation, America Diagnostics Corporation, Welch Allyn, Exergen Corporation, Baxter International, Medline Industries, LP, RG Medical Diagnostics, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2025, Scientists at the National Institute of Standards and Technology (NIST) developed a novel thermometer using a thousand-fold larger Rydberg atoms, allowing for precise temperature measurements, potentially improving applications in quantum research and industrial manufacturing.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global thermometer market based on the below-mentioned segments:
Global Thermometer Market, By Product Type
- Mercury-Free Thermometer
- Mercury-Based Thermometer
Global Thermometer Market, By Applications
- Laboratories
- Industrial
- Medical
Global Thermometer Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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