Overview and Scope
An infrared thermometer is a sensor that comprises a lens that focuses infrared (IR) energy onto a detector, which transforms the energy into an electrical signal that can be displayed in temperature units after being corrected for variations in ambient temperature.
Sizing and Forecast
The infrared thermometers market size has grown strongly in recent years. It will grow from $2.06 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to emergency preparedness measures, remote sensing applications, cost-effectiveness, travel and transportation, consumer acceptance..
The infrared thermometers market size is expected to see strong growth in the next few years. It will grow to $2.99 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to health and safety regulations, healthcare sector expansion, global health preparedness, increasing home use, demand in industrial and commercial sectors.. Major trends in the forecast period include global health challenges, consumer preference for contactless technology, remote sensing applications, efficiency and cost-effectiveness, travel and public spaces..
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The infrared thermometers market covered in this report is segmented –
1) By Product Type: Handheld Infrared Thermometers, Pocket Infrared Thermometers, Fixed Mount Infrared Thermometers
2) By Measurement Points Type: Ear, Forehead, Multifunction
3) By Distribution Channel: Retail Stores, Online Channels
4) By Application: Medical, Veterinary
5) By End User: Hospital and Clinics, Ambulatory Surgicals Centers, Other End Users
North America was the largest region in the infrared thermometers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the infrared thermometers market share during the forecast period. The regions covered in the infrared thermometers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising infectious diseases worldwide are expected to boost the growth of the infrared thermometer market going forward. Infectious diseases are illnesses caused by pathogens that enter the human body. Infrared thermometers are used as temperature measurement devices that allow for mass screening during infectious disease pandemics such as the current COVID-19 infections, severe acute respiratory syndrome, Ebola virus outbreak, and influenza A. For instance, according to the Office for National Statistics, a UK-based recognized national statistics institute, in England at the end of the week ending December 9, 2022, the infection rate climbed for people aged 35 to 69 years and increased for those in school years of 12 to 24 years. In the week ending December 18, 2022, the total hospital admission rate for patients with confirmed COVID-19 in England increased to 9.56 per 100,000 individuals. The admission rate to intensive care units (ICUs) and high dependency units (HDUs) climbed to 0.29 per 100,000 inhabitants. Therefore, rising infectious diseases worldwide are driving the growth of the infrared thermometer market.
Key Industry Players
Major companies operating in the infrared thermometers market are focused on concentrating their efforts on innovating new solutions such as introducing Bluetooth-enabled infrared thermometers to gain a competitive edge in the market. Such innovative infrared thermometers are used to provide quick and accurate results and help patients automatically transmit the data to healthcare professionals. For instance, in July 2023, Tenovi Co., a US-based remote patient monitoring solution innovator launched the cellular-enabled Infrared Thermometer. It’s a medical device utilizing RPM (Remote Patient Monitoring) that enables patients to automatically send real-time temperature readings to healthcare providers. It helps clinicians to use real-time temperature data that results in making quicker and better decisions. The Tenovi Thermometer offers a rapid 1-second measurement for remotely tracking body temperature. It sends alerts to healthcare professionals, ensuring prompt and effective care for patients in postoperative and chronic care scenarios.
The infrared thermometers market report table of contents includes:
1. Executive Summary
2. Infrared Thermometers Characteristics
3. Infrared Thermometers Trends And Strategies
4. Infrared Thermometers – Macro Economic Scenario
5. Global Infrared Thermometers Size and Growth
…..
32. Global Infrared Thermometers Competitive Benchmarking
33. Global Infrared Thermometers Competitive Dashboard
34. Key Mergers And Acquisitions In The Infrared Thermometers
35. Infrared Thermometers Future Outlook and Potential Analysis
36. Appendix
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