Global Infrared Thermometer Market Size Set for Rapid Growth, to reach Value USD 6.41 Billion by 2032
Zion Market Research has published a new report titled “Infrared Thermometer Market by Product Type (In-ear, Forehand, and Others), and Application (Medical and Veterinary): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024–2032”
According to the report, The global Infrared Thermometer market size accrued earnings worth approximately USD 2.91 Billion in 2023 and is predicted to gain revenue of about USD 6.41 Billion by 2032, is set to record a CAGR of nearly 9.28% over the period from 2024 to 2032.
Infrared (IR) thermometers are used to measure temperature from a specific distance. The distance can vary from many miles to some inches. Infrared thermometers are very effective for use in conditions where other types of thermometers are not feasible to use. Infrared thermometers function on the principle known as black body radiation. Everything at a temperature above complete zero has particles inside of it flowing around. The greater the warmth, the rapid the particles move. The molecules release infrared radiation as they move. Infrared radiation a kind of electromagnetic radiation under the perceptible spectrum of light. As the particles get warmer, they release more infrared, and also start to emit perceptible light. That is the reason why heated metal glows red or sometimes white. The IR thermometers perceive and quantify this radiation.
Factors such as ease of usage, affordability, low requirement of training, increased demand due to frequent outbreaks of viral diseases, rising appeal for quick results due to time constraints, increased prevalence of chronic infections, possibility of disease spread from contact thermometers, and high usage among children will act as major driving factors in the growth of global infrared thermometer market. Rapid innovations and increasing applications will act as an opportunity for the market players in the infrared thermometer market. Nonetheless, low awareness of infrared thermometer in developing regions and discrepancies in supply of raw materials will restrict the growth of global infrared thermometer market.
The global infrared thermometer market has been split into product type, application, and region. Based on product type, infrared thermometer market has been segmented into in-ear, forehand, and others. The forehand segment accounted for the highest market share in 2019 due to need for quick temperature monitoring and safety of use in pandemic situations. The application segment has been segmented into medical and veterinary. The medical segment accounted for the highest market share in 2019.
Regionally, the infrared thermometer market is segmented into Asia Pacific, North America, Middle East & Africa, Latin America, and Europe. North America will be the leading region during the forecast period. Existence of leading companies manufacturing infrared thermometers and easy availability will boost the market growth in this region. Europe will be the second largest market. The major reasons are quick uptake of latest technologies and higher effect of pandemics like COVID-19. Asia Pacific will thrive at speedy rate over the forecast period due to need for temperature monitoring on a giant scale and high investment by local players in the healthcare sector. Latin America market will progress at a noteworthy rate during the estimate period. The Middle Eastern and African countries are expected to experience noticeable growth in the projected time-frame.
Key Players List:
- American Diagnostic Corporation(US)
- FLIR Systems (US)
- Testo (US)
- Cardinal Health US)
- Thermomedics, Inc. , Inc.(US)
- Exergen Corporation (US)
- Welch Allyn — A Hill-Rom Inc. Company(US)
- Electronic Temperature Instruments Ltd d(UK)
- PCE Instruments UK Ltd.
- Geratherm Medical AG G(Germany)
- Paul Hartmann AG(Germany)
- B. Braun Group (Germany)
- Microlife Global (Switzerland)
- BPL Medical Technologies Pvt Ltd (Denmark)
- CONTEC MEDICAL SYSTEMS CO., LTD .(China)
- Omron Automation (Japan)
- AMETEK Land UK)
This report segments the Global Infrared Thermometer Market as follows:
Global Infrared Thermometer Market: By Product Type
- In-ear
- Forehand
- Others
Global Infrared Thermometer Market: By Application
- Medical
- Veterinary
Global Infrared Thermometer Market: By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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