Medical Thermometers Market Global Demand and Research 2024

1. Downloaded from: justpaste.it/20x97 Medical Thermometers Market Analysis Report and Size 2024 The medical thermometers market size has the potential to grow by USD 104.82 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over- year growth. Get Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR43390&type=sample&src=report This report provides a detailed analysis of the market by product (digital thermometers and liquid-filled thermometers) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including American Diagnostic Corp., Ansell Ltd., Beurer GmbH, Briggs Corp., Citizen Watch Co. Ltd., Exergen Corp., EASYTEM Co. Ltd., OMRON Corp., Paul Hartmann AG, and Tecnimed Srl. Market Competitive Analysis The medical thermometers market is fragmented due to the presence of numerous regional and global players. Vendors operating in the market compete in terms of new and advanced product launches along with the adoption of innovative marketing strategies. The high prices of digital and infrared thermometers and the high risk of mercury contamination limit the adoption of medical thermometers, thereby hampering vendors’ profitability. Therefore, to survive and succeed in such a competitive environment, it becomes imperative for vendors to distinguish their offerings through clear and unique value propositions. American Diagnostic Corp., Ansell Ltd., and Beurer GmbH are some of the major market participants. Although the growing availability of advanced medical thermometers will offer immense growth opportunities, the high price of digital and infrared thermometers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow- growing segments. To help clients improve their market position, this medical thermometers market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this market analysis report also includes information on the upcoming medical thermometers market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Medical Thermometers Market: Key Drivers and Trends The market players are focusing on product innovations and portfolio extension to increase their market shares. Moreover, continuous product innovation based on technology, performance, features, design, and manufacturing

2. standards helps vendors in distinguishing themselves from their competitors. For instance, iProven DMT-316 by iProvèn can be used on the forehead and ears. This medical thermometer can record temperature within 3 seconds. Another product, Braun Thermoscan 7, by B. Braun Melsungen AG (Braun) has a display screen that indicates normal temperature and fever according to the age group of the individual. These factors are driving the global medical thermometers market growth. The sales of these thermometers are also rising, owing to the frequent outbreak of epidemics. For instance, the current increase in positive cases of COVID-19 has boosted the demand for medical thermometers. The accuracy of temperature measurement and control is one of the most sensitive parameters that can affect the efficacy of medical thermometers. In a liquid-filled thermometer, the temperature cannot be measured at exact decimal points in these thermometers, which limits their accuracy. The accuracy level of digital thermometers, which include both digital and infrared thermometers, is high. This is increasing their adoption in the healthcare sector, contributing to the medical thermometers market growth. Many medical digital thermometers include combination probe types, which help them in taking body temperature through various methods other than the standard oral digital thermometer. A digital thermometer uses a thermistor, thermocouple, or other temperature measurement sensors that can measure minute changes in temperature and represent the temperature on a decimal scale. The market is expected to record a CAGR of over 8% during 2020-2024.