Infrared Thermometers Market size to exceed $645mn by 2028

Infrared Thermometers Market size is set to surpass USD 645 million by 2028, according to a new research report by Global Market Insights Inc.
 

With a sudden spike in the number of infected patients by COVID-19 in the last few years, and surge in technological advancements has resulted in increased product adoption across the globe. This is owing to the numerous benefits offered by these thermometers such as the non-contact approach that reduces the risk of spreading disease among evaluated people, rapid measurement, display of temperature, easy to disinfect and easy to use.
 

The application of infrared technology is not a new phenomenon; however, recent innovations have increased reliability and enabled greater accuracy in temperature measurement at reduced costs. As a result of these factors, will propel the infrared thermometers market demand.
 

Technological advancements in the infrared technology are expected to spur the market expansion

Non-contact thermometers have been widely used around the world during and after the COVID-19 pandemic to reduce the risk of disease transmission. These thermometers are instrumental in taking temperature readings without making direct contact with the person to be examined. Planck's law of black-body radiation asserts that an object or a body emits radiant energy, with the intensity of the radiation being a function of the body's temperature. The sensor essentially assesses the intensity of radiation, allowing it to determine the temperature of the body. Users can use these thermometers to monitor temperature in places where conventional sensors aren't advisable.
 

An example of the advancements pertaining to medical infrared thermography is its application in the laparoscopic surgery, wherein infrared imaging plays a significant aide in localization and differentiation of anatomic structures and identification of blood vessel. Hence, such technological advancements have expedited the adoption of novel thermometers.
 

Rising prevalence of viral infections has increased the acceptance of infrared thermometers

Based on product, the infrared thermometers market is segmented as handheld infrared thermometers, pocket infrared thermometers, and fixed mount infrared thermometers. The pocket infrared thermometers segment exceeded USD 55 million in 2021. This is primarily attributed to the rising instances of viral infections worldwide. Viral infections most commonly cause pyrexia or increase in body temperature due to immunologic response of the body. As most viral infections are communicable in nature, pocket thermometers are instrumental in detection without coming in contact with the infected person. Thus, all the above-mentioned factors are expected to drive the market revenue.
 

Browse key industry insights spread across 200 pages with 282 market data tables & 18 figures & charts from the report, “Infrared Thermometers Market Analysis By Product Type (Handheld Infrared Thermometers, Pocket Infrared Thermometers, Fixed Mount Infrared Thermometers), Measurement Point (Ear Infrared Thermometers, Forehead Infrared Thermometers, Multifunction Infrared Thermometers), Application (Medical Infrared Thermometers, Veterinary Infrared Thermometers), Distribution Channel (Retail Stores, Online Channels), End-use (Hospitals and Clinics, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/infrared-thermometers-market
 

Rising trends in adoption of ear infrared thermometers by parents for young children projected to expand the existing customer pool

Infrared thermometers market from ear infrared thermometers segment is estimated to reach over USD 162 million by 2028. The ear thermometers, also called as a tympanic thermometer, measures temperature using infrared sensor. It is vastly popular amongst parents because of its convenience as it can read temperature while the child is asleep which is unlikely in the case of using traditional oral thermometers. New-borns have relatively weaker immune system that subjects them to frequent infections which calls for having body temperature checks at regular intervals.
 

Additionally, immunization of new-born children in the developmental years also show pyrogenic effect, that can be detected and measured with these thermometers. Thus, the above-mentioned factors are set to promote the adoption of ear thermometers in the coming years.
 

Increased instances of zoonotic diseases in animals are anticipated to foster the industry outlook

Infrared thermometers market from veterinary infrared thermometers segment is poised to cross USD 106 million by 2028. This is owing to the rising prevalence of zoonotic diseases in animals. For instance, Bovine ephemeral fever is an arthropod-borne viral disease that causes milk production deficits, recumbency, and death in cattle and water buffalo. This virus is found in Africa, the Middle East, Australia, and Asia, and affects cattle and water buffalo.
 

However, in recent years, overall fatality rates in outbreaks in various countries have surpassed 10%. These thermometers are adopted in veterinary clinics and hospitals for temperature detection in event of such diseases. Thus, the variables mentioned above are likely to boost the business landscape.
 

Growing preference and increasing digitization will spur the penetration of online channels

Online channel segment surpassed USD 269 million in 2021 and is set to record a robust CAGR throughout the forecast period. The simplicity and convenience provided by digital platforms, as well as the ubiquitous usage of the internet and a growing preference for ordering products via e-commerce portals, are major factors contributing to the infrared thermometers market expansion.
 

In order to limit the spread of the COVID-19 outbreak, statewide lockdowns were implemented, and emergencies were declared in majority of countries. Restriction has resulted in a high reliance on the internet for ordering numerous healthcare devices through e-commerce portals. Hence, the post-pandemic effects are predicted to have a substantial impact on the online channel's growth.
 

The convenience of an ambulatory surgery center will increase market statistics

Infrared thermometers market from ambulatory surgical centers segment crossed USD 194 million in 2021 and is anticipated to witness healthy CAGR during the forecast period. Ambulatory surgical centers (ASC), also known as outpatient surgical centers, feature modern-day conveniences, as well as qualified experts that offers same-day care. Most of the procedures performed in ambulatory surgical centers do not require overnight hospital stay. Because of the greater autonomy, it is more cost effective than hospitals and is among the preferable choice for various patients. With the rising prevalence of infections such as COVID-19, the product adoption in ambulatory surgical centers has increased in order to have proper monitoring of every individual in the center.
 

Growing demand for infrared thermometers in Germany is projected to fuel the business expansion

Germany infrared thermometers market is slated to exceed USD 36 million by 2028. This is attributed to the increasing prevalence of zoonotic diseases and rapidly advancing technology. As per the infectious disease epidemiology annual report published by the Robert Koch Institute, in 2019, chickenpox and influenzas, norovirus gastroenteritis, campylobacter enteritis and rotavirus gastroenteritis are the most common pathogenic diseases observed in Germany.
 

For instance, Paul Hartmann AG, a German medical device company develops and manufactures its Veroval 2-in-1 thermometers that detects temperature from ear as well as forehead and is ideal for family with children. Hence, the afore-mentioned factors are probable to fuel the regional product demand.
 

Players are emphasizing on strategic initiatives and innovative product launch to expand business operations

Some of the major players operating in the infrared thermometers market OMRON Corporation, PAUL HARTMANN AG, Geratherm Medical AG, Welch Allyn (Hill-Rom Inc.), Contec Medical Systems Co., Ltd., Exergen Corp, BV Medical, Aoss Medical Supply, Foracare Sussie AG, and BPL Medical Technologies among others. These players are engaged in strategic collaborations, partnerships, and agreements to gain a competitive advantage over their competitors in the industry.