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Infrared Thermometer Market to Witness Rise in Revenues During the Period 2022-2032

In a newly released study on the worldwide Infrared thermometer market, Persistence Market Research forecasts that it will grow at a CAGR of 8% and reach an estimated value of US$ 1.3 Bn by the end of 2031.

Over 30% of medical thermometer sales, which were worth US$ 1.9 Bn in 2020, came from the global IR thermometer industry. Over the next ten years, vital sign monitoring systems are anticipated to become increasingly important as the prevalence of infectious and chronic diseases rises.

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The demand for vital sign equipment that could help in monitoring and detecting the symptoms of these diseases grew more crucial than ever before in the last ten years due to the epidemics of infectious diseases like the swine flu and ebolavirus.

Although these outbreaks were significant, they paled in comparison to the COVID-19 pandemic, which began in early 2020 and brought the world to a halt. In 2020, demand for medical thermometers soared because, among other crucial signs, temperature was a key predictor of coronavirus infection. Authorities and healthcare professionals could monitor temperatures with forehead thermometers without running the risk of cross-contamination or infection.

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Companies

    • Exergen
    • Geratherm Medical AG
    • Thermomedics, Inc. (A subsidiary of PositiveID Corporation)
    • Microlife Corporation
    • PAUL HARTMANN AG
    • BPL Medical Technologies
    • Contec Medical Systems Co., Ltd.
    • Cardinal Health (Medtronic)
    • OMRON Corporation
    • Braun GmbH
    • Welch Allyn – A Hill-Rom Inc. Company

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This research details the global infrared thermometers industry landscape in regions such as North America, Latin America, Europe, APAC, and MEA. The infrared thermometer market in the APAC region is expected to have a dominant outlook and see evolution at the fastest CAGR over the forecast period. Demand for infrared thermometers in the region is expected to be driven by high adoption across various industry verticals and also technological advancements.

Demand for infrared thermometers in Latin America is also expected to see a rise as the healthcare infrastructure develops in the region.

North America and Europe are matured markets for IR thermometers, and demand across these regions is expected to be driven by significant use of medical thermometers and presence of major manufacturers. The North American market is expected to hold the highest market value by the end of the decade.

Lastly, the infrared thermometer industry in MEA is expected to see steady rise in demand over the next ten years.

Key Segments Covered in Infrared Thermometer Market Industry Research

 By Measurement Point Type

    • Ear Infrared Thermometers
    • Forehead Infrared Thermometers
    • Multifunction Infrared Thermometers

By Application

    • Medical Infrared Thermometers
    • Veterinary Infrared Thermometers

By Distribution Channel

    • Infrared Thermometers Sold at Hospital Pharmacies
    • Infrared Thermometers Sold at Retail Pharmacies
    • Infrared Thermometers Sold through Online Stores

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Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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