Thermometer Market Overview (2022 to 2032)

The global thermometer market was valued at around USD 1.5 Billion at the end of 2021. The market is projected to register a 9.1% CAGR and top a valuation of USD 3.6 Billion by 2032.

The presence of a developed healthcare infrastructure and a high prevalence of diseases that require measuring body temperature is expected to bolster the growth of the thermometer market.

Temperature is measured using an instrument called a thermometer. Two essential parts make up a thermometer: a temperature sensor that adapts to temperature changes and a mechanism that converts those changes into a numerical number. The usage of thermometers is widespread in a range of fields, including meteorology, medicine, and science.

A variety of physical phenomena are used by thermometers to measure temperature. A wide range of industrial applications, particularly measuring systems, use thermometers.

In cold climates, thermometers are used on roads to determine and; assess when ice conditions occur. Thermistors are used to regulate the temperature inside appliances including commercial water heaters, air conditioners, freezers, and heaters.

Attributes Details
Thermometer Market Value in 2021 USD 1.5 Billion
Thermometer Market Value in 2032 USD 3.6 Billion
Thermometer Market CAGR (2022 to 2032) 9.1%

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What are the Major Drivers Boosting the Demand for Thermometer Market?

The most significant factors that are predicted to propel the market are the rise in the frequency of contagious diseases, additional medical conditions including dengue and malaria, and raising awareness of the importance of taking one's personal body temperature.

The market for thermometers is also expanding as a result of the increasing use of these instruments for imaging, industrial, research, and medical purposes.

Additionally, cooperation is growing between various end users like the chemical, pharmaceutical, and food industries. In these sectors, maintaining accurate temperatures during various product improvement cycles is a crucial requirement. During the forecast period, these factors are expected to accelerate the market's growth.

The coronavirus outbreak has benefited the health industry by raising the need for thermometers. Throughout the projected period, this is probably what will propel the market. The need for infrared thermometers has increased due to the requirement for thermal screening in common areas, workplaces, and hospitals.

Which Region Shows Strong Growth Potential in the Thermometer Market?

The thermometer market is broadly divided into seven major regions, North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

North America is the leading region in the global thermometer market. The growing geriatric population and higher healthcare expenditure are some of the key factors contributing to its largest market share.

The European thermometer market is likewise anticipated to experience profitable growth. Over the course of the forecast period, the market is anticipated to be driven by growing demands for homecare products and health facilities that serve the elderly.

The East Asian region is predicted to show lucrative growth owing to the presence of high unmet medical needs, and the increasing prevalence of target diseases including malaria, dengue, and swine flu.

Sabyasachi Ghosh
Sabyasachi Ghosh

Principal Consultant

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Who are the Key Players in the Thermometer Market?

OMRON Healthcare Inc., Actherm Inc., Medtronic, Microlife Corporation, A&D Medical, Welch Allyn, Medline Industries, Inc., Fairhaven Health, Briggs Healthcare, Terumo Corporation, RG Medical Diagnostics, Exergen Corporation, American Diagnostics Corporation, 3M.

Scope of Report

Report Attributes Details
Growth Rate CAGR of 9.1% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2012 to 2021
Forecast Period 2022 to 2032
Qualitative Units Revenue in USD Billion, Volume in Units, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segment Covered Product, Application, Region
Region Covered North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa
Key Countries Profiled USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Israel
Key Players OMRON Healthcare Inc.; Actherm Inc.; Medtronic; Microlife Corporation; A&D Medical; Welch Allyn; Medline Industries, Inc.; Fairhaven Health; Briggs Healthcare; Terumo Corporation; RG Medical Diagnostics; Exergen Corporation; American Diagnostics Corporation; 3M
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Key Segments Covered in the Thermometer Market Report

By Product:

  • Mercury-based Thermometers
  • Mercury-free Thermometers
    • Digital Thermometers
    • Infrared Radiation Thermometers
    • Others

By Application:

  • Medical
  • Industrial
  • Food
  • Laboratory
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa (MEA)

Frequently Asked Questions

What is the Growth Outlook for the Global Thermometer Market?

The global thermometer market is anticipated to register a CAGR of 9.1% during the forecast period.

What is the Projected Value of the Global Thermometer Market in 2032?

The global thermometer market is projected to be about USD 3.6 Billion by the end of the year 2032.

Table of Content
	1. Executive Summary
	2. Industry Introduction, including Taxonomy and Market Definition
	3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
	4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
	5. Pricing Analysis
	6. Global Market Analysis and Forecast
		6.1. By Product
		6.2. Application
	7. Global Market Analysis and Forecast, By Product
		7.1. Mercury-based Thermometers
		7.2. Mercury-free Thermometers
		7.3. Digital Thermometers
		7.4. Infrared Radiation Thermometers
		7.5. Others
	8. Global Market Analysis and Forecast, By Application
		8.1. Medical
		8.2. Industrial
		8.3. Food
		8.4. Laboratory
		8.5. Others
	9. Global Market Analysis and Forecast, By Region
		9.1. North America
		9.2. Latin America
		9.3. Europe
		9.4. East Asia
		9.5. South Asia
		9.6. Oceania
		9.7. The Middle East and Africa (MEA)
	10. North America Sales Analysis and Forecast, by Key Segments and Countries
	11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
	12. Europe Sales Analysis and Forecast, by Key Segments and Countries
	13. East Asia Sales Analysis and Forecast, by Key Segments and Countries
	14. South Asia Sales Analysis and Forecast, by Key Segments and Countries
	15. Oceania Sales Analysis and Forecast, by Key Segments and Countries
	16. The Middle East and Africa (MEA) Sales Analysis and Forecast, by Key Segments and Countries
	17. Sales Forecast by Product and Application for 30 Countries
	18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
	19. Company Profile
		19.1. OMRON Healthcare Inc.
		19.2. Actherm Inc.
		19.3. Medtronic
		19.4. Microlife Corporation
		19.5. A&D Medical
		19.6. Welch Allyn
		19.7. Medline Industries, Inc.
		19.8. Fairhaven Health
		19.9. Briggs Healthcare
		19.10. Terumo Corporation
		19.11. RG Medical Diagnostics
		19.12. Exergen Corporation
		19.13. American Diagnostics Corporation
		19.14. 3M

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