What is Global Medical Digital Thermometer Market?
The Global Medical Digital Thermometer Market is a vast and dynamic sector that encompasses a wide range of devices used to measure body temperature. These thermometers, which are digital in nature, are used in various medical settings, including hospitals, clinics, and even home care. The market is global, meaning it spans across all continents and countries, catering to the medical needs of billions of people worldwide. The digital aspect of these thermometers makes them highly accurate, easy to use, and efficient, which is why they are preferred by medical professionals globally. The market includes various types of digital thermometers, each designed to cater to specific medical needs and applications.
Electronic, Infrared in the Global Medical Digital Thermometer Market:
The Global Medical Digital Thermometer Market is segmented into electronic and infrared thermometers. Electronic thermometers, also known as digital stick thermometers, are commonly used due to their accuracy and ease of use. They are typically used orally, rectally, or under the arm. On the other hand, infrared thermometers, also known as non-contact thermometers, use infrared technology to measure body temperature from a distance. These are typically used on the forehead or ear and are popular due to their non-invasive nature. Both types of thermometers have their unique advantages and are chosen based on the specific requirements of the medical situation.
Hospitals, Clinics, Others in the Global Medical Digital Thermometer Market:
The Global Medical Digital Thermometer Market finds its usage in various areas such as hospitals, clinics, and others. In hospitals, these thermometers are used in various departments like the emergency room, ICU, and general wards for regular temperature monitoring of patients. In clinics, they are used during routine check-ups and also in pediatric clinics where non-contact thermometers are preferred due to their non-invasive nature. Apart from these, digital thermometers are also used in other areas like nursing homes, home care settings, and even schools and offices nowadays due to the ongoing pandemic situation.
Global Medical Digital Thermometer Market Outlook:
The future of the Global Medical Digital Thermometer Market looks promising. In 2023, the market was valued at US$ 500.8 million and it is projected to reach US$ 635 million by 2030, growing at a CAGR of 3.5% during the forecast period from 2024 to 2030. This growth is part of the larger expansion of the global market for medical devices, which was estimated at US$ 603 billion in 2023 and is expected to grow at a CAGR of 5% over the next six years. This growth is driven by the increasing demand for accurate and efficient medical devices in healthcare settings worldwide.
| Report Metric | Details |
| Report Name | Medical Digital Thermometer Market |
| Accounted market size in 2023 | US$ 500.8 million |
| Forecasted market size in 2030 | US$ 635 million |
| CAGR | 3.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | Ormon, Microlife, Hill-Rom, A& D Medical, Avita, Yuwell Medical, Radiantek, Paul Hartmann, Berrcom, Exergen Corporation, iHealth, American Diagnostic Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
