PUBLISHER: The Business Research Company | PRODUCT CODE: 1429570
PUBLISHER: The Business Research Company | PRODUCT CODE: 1429570
A non-contact infrared thermometer is a device designed to swiftly and non-intrusively assess temperature, potentially causing less discomfort compared to traditional methods.
The primary product categories within the non-contact infrared thermometers market include forehead, in-ear, and multifunctional thermometers. In-ear non-contact infrared thermometers are specifically used to measure ear temperature within the ear canal, although they may not be as accurate as contact infrared thermometers. These are commonly employed in medical and veterinary applications. The distribution channels for these thermometers encompass hospital pharmacy, retail pharmacy, and online sales.
The non-contact infrared thermometers market research report is one of a series of new reports from The Business Research Company that provides non-contact infrared thermometers market statistics, including non-contact infrared thermometers industry global market size, regional shares, competitors with a non-contact infrared thermometers market share, detailed non-contact infrared thermometers market segments, market trends and opportunities, and any further data you may need to thrive in the non-contact infrared thermometers industry. This non-contact infrared thermometers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The non contact infrared thermometers market size has grown strongly in recent years. It will grow from $0.33 billion in 2023 to $0.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The expansion observed in the historical period can be ascribed to the influence of the COVID-19, the growth of emerging markets, a heightened prevalence of infectious diseases, increased incidences of diseases among animals, a surge in healthcare expenditure, and a rise in the geriatric population.
The non contact infrared thermometers market size is expected to see strong growth in the next few years. It will grow to $0.51 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The anticipated growth in the forecast period can be linked to the increasing prevalence of online pharmacies, the expansion of e-commerce, and the growing affordability of non-contact infrared thermometers due to technological advances. Key trends in this period involve prioritizing the integration of Bluetooth functionality to enhance the understanding of the location of clustered cases with elevated temperatures, collaborating with government entities to rapidly scale up production and expand the customer base, and listing products on online channels to boost sales and revenues.
The surge in demand for non-contact infrared thermometers, primarily due to the increasing number of COVID-19 cases, stands as a pivotal factor propelling market growth. With COVID-19 infections on the rise and fever being a prominent symptom, the need for temperature testing in large gatherings has become imperative. Infrared thermometers emerge as efficient devices for the accurate and frequent measurement of body temperature. They operate by monitoring temperature through the forehead from a distance, providing quick and precise results. Consequently, the demand for infrared thermometers continues to escalate, driven by their rapid calculation and high precision features.
The expected increase in healthcare expenditure is poised to be a significant driver for the expansion of the non-contact infrared thermometer market in the future. Healthcare expenditure, reflecting the total spending on healthcare-related goods and services within a given healthcare system or economy, plays a crucial role in facilitating the development and accessibility of non-contact infrared thermometers. As an illustration, data from November 2022, as reported by the Canadian Institute for Health Information, a US-based not-for-profit organization, indicates a rise in healthcare expenditure to 0.8%, totaling $331 billion in 2022 compared to 7.6% in 2021. Consequently, the upward trajectory in healthcare expenditure is fostering the growth of the non-contact infrared thermometer market.
The incorporation of Bluetooth technology in the non-contact infrared thermometers market emerges as a significant trend. With door-to-door testing campaigns becoming less practical amid the rising number of COVID-19 cases, smart thermometers offer a viable solution. When activated, these thermometers connect to smartphones via Bluetooth, and the user's location is displayed on the corresponding app. Similar to traditional thermometers, users can assess their temperature, and if a fever is detected, the information along with the location is transmitted to a server. For instance, the Digi-Sense D/S IR Therm app enables the infrared thermometer to connect to Bluetooth technology, sending information to smartphones or iOS devices. Results are automatically stored in the app with a date-and-time signature, and they can be exported in CSV format and emailed for future reference.
Key players in the non-contact infrared thermometers market are introducing innovative products, such as a technology range of infrared thermometers, to boost market revenues. The latest technology range utilizes a high-precision infrared sensor for non-touch measurements, ensuring hygiene. In January 2021, Fitgo, a China-based company manufacturing infrared thermometers, launched an advanced range of infrared thermometers. Notable features include precise temperature results in just one second, suitability for infants, adults, elders, objects, or even room temperature. These thermometers come in six different types with advanced features such as Quick 1-Second Temperature, Memory Recalls, Fever Alarm, Three Modes Compatibility, and a Big Backlit Display with a maximum level of convenience.
Major companies operating in the non contact infrared thermometers market report are Helen of Troy Limited, Easywell Biomedical, Omron Healthcare Inc., Paul Hartmann, Microlife Corporation, American Diagnostic Corporation, Beurer, Exergen Corporation, Vivehealth, Contec Medical Systems Co., Japan Sensor Corporation, Terumo Corporation, Microlife, BPL Medical Technologies, AccuMed, Reliefcare, A&D Medical Manufacturers, Easytem, Bestech Australia, Braun Healthcare, Riester, Vicks, A&D Medical, Omega Engineering Inc., Optris Infrared Sensing LLC, GAO Tek & GAO Group Inc., Exergen Corp, SterlingHouston LLC, Digital Instruments Inc., Safeguard19, PCE Americas Inc., Weiss Instruments Inc., Test Products International Ltd., Horiba Ltd., SterlingHouston LLC, Digital Instruments Inc., HORIBA Instruments Brasil Ltd., OMEGA Engineering Brasil, Dromex, Geratherm, OMRON, Fluke Corporation, Testo SE & Co. KGaA
North America was the largest region in the non-contact infrared thermometers market in 2023. Western Europe was the second largest region in the non-contact infrared thermometers market report. The regions covered in the non contact infrared thermometers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the non contact infrared thermometers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The non-contact infrared thermometers market consists of sales of handheld infrared thermometers and stick-type or pocket infrared thermometers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Non Contact Infrared Thermometers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on non contact infrared thermometers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for non contact infrared thermometers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The non contact infrared thermometers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.