Global Thermometer Market Insights Forecasts to 2033

• The Global Thermometer Market Size Was Estimated at USD 1.58 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 8.06% from 2023 to 2033
• The Worldwide Thermometer Market Size is Expected to Reach USD 3.43 Billion by 2033
• Asia Pacific is predicted to grow at the fastest CAGR throughout the projection period

The Global Thermometer Market Size is Predicted to Exceed USD 3.43 Billion by 2033, Growing at a CAGR of 8.06% from 2023 to 2033. The global thermometer market is expanding owing to the spread of infectious diseases such as bird flu, Guillain-Bare syndrome, and typhoid, which led to high fever, which escalates the need for thermometers.

Market Overview

The global thermometer market aims to manufacture and distribute thermometers for measuring human body temperature for diagnosis, treatment, and overall health surveillance of the population as well it is also used in laboratories and other domains for measurement of the temperature of the particular solution.

Various government initiatives have been established for the safe use of thermometers, which are propelling the market growth. For instance, The Legal Metrology Department of Consumer Affairs in India has proposed draft rules to standardize and improve Clinical Electrical Thermometers for measuring body temperatures, crucial for diagnosing conditions like fever and hypothermia. Proposed rules aim to strengthen consumer safety and promote uniformity in body temperature measurement, ensuring reliable data for diagnosis and treatment decisions in households, healthcare facilities, and industries.

The rising prevalence of infectious diseases is driving the growth of the market. For instance, the World Health Organization reported that there are 300-500 million cases of malaria and 14 million people infected with tuberculosis. Bacterial infections often trigger a fever, a body's defense mechanism, as the immune system produces pyrogens to raise the body's temperature, leading to the growing need for tonometers. The wide usage of advanced thermometers and the rapid spread of infectious diseases globally promotes market growth.

Report Coverage

This research report categorizes the global thermometer market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global thermometer market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global thermometer market.

Driving Factors

The global thermometer market is growing owing to the increasing prevalence of infectious diseases and medical conditions like malaria and dengue fever. The demand for accurate body temperature readings is likely to rise due to the well-developed healthcare system and the need for temperature monitoring devices for various purposes.

The increasing demand for modern technology in the healthcare industry has led to significant revenue growth. The pandemic has additionally impacted the market, with the demand for digital thermometers among healthcare workers and the increased use of smart thermometers to avoid direct contact with infected patients, increased awareness of advanced technologies in the healthcare sector, driving demand for thermometers and the supply chain.

The thermometer market is thriving due to rising demand in healthcare, rapid consumer acceptance, and the government's active participation in improving healthcare facilities. The precision and effective features enabled the growth of the thermometer market worldwide.

Restraining Factors

Fluctuations in the temperature reading, high cost, and while measuring the body temperature by oral means, chances are their mercury may be inhaled or spilled as it is toxic, and it may cause several side effects that hinder the market growth.

Market Segmentation

The global thermometer market share is classified into product type and applications.

• The mercury-free thermometer dominated the market with 63.71% of the share in 2023 and is anticipated to grow at a CAGR of 6.89% throughout the projected timeframe.

Based on the product type, the global thermometer market is categorized into mercury-free thermometer and mercury-based thermometer. Among these, the mercury-free thermometers dominated the market with 63.71% of the share in 2023 and is anticipated to grow at a CAGR of 6.89% throughout the projected timeframe. The segmental expansion is attributed to their accuracy and lack of environmental hazards. The Environmental Protection Agency (EPA) recommends these types of thermometers, and companies are introducing non-intrusive, easy-to-use alternatives. This shift is driven by the growing popularity of mercury-free thermometers in industrial sectors.

• The medical segment accounted for the largest market share of 32.11% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.

Based on the applications, the global thermometer market is categorized into laboratories, industrial, and medical. Among these, the medical segment accounted for the largest market share of 32.11% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The sector's dominance is fueled by established infrastructure and a high prevalence of illnesses requiring body temperature measurement. Thermometer technology development is key to market expansion, as these vital signs monitoring devices are routinely used in clinical settings. The extensive utilization of thermometers for medical applications and their crucial role in diagnostic screening during infectious disease outbreaks or pandemics contribute to their increasing demand within the medical domain.

Regional Segment Analysis of the Global Thermometer Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global thermometer market over the predicted timeframe.

North America is anticipated to hold the largest share of the global thermometer market over the forecast period. The market for thermometers is promoting as a result of several factors, including the aging population, rising healthcare costs, healthcare camps, government programs, technical developments, and the rise in swine flu, dengue, and malaria. In North America, individuals are using self-healthcare gadgets, living with the growing trend of artificial intelligence and growing awareness of digital devices by various organizations, resulting in market expansion.

Asia Pacific is anticipated to grow at the fastest CAGR throughout the projected timeframe. The Asia Pacific market for thermometers is witnessing growth owing to high growth opportunities, rising chronic diseases, and demand for advanced devices. The elderly population in Japan and China has a high risk of chronic conditions, government support, and RandD investments.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global thermometer market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• 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 and Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East and Africa