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Thermometer Market Analysis By Product (Mercury-Based, Mercury-Free, Infrared Thermometers, Digital Thermometers), By Application (Medical, Industrial, Food, Laboratory), And Segment Forecasts, 2014 - 2025

Published: Mar, 2017 | Pages: 80 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global thermometer market is expected to reach a value of USD 1.5 billion by 2025, based on a new report by Grand View Research, Inc. Growing number of medical conditions requiring accurate measurement of body temperature for deciding the treatment options is expected to enhance demand for thermometers over the forecast period. High prevalence of diseases such as malaria, swine flu, and dengue, which can be diagnosed primarily by observing body temperature is estimated to provide potential growth opportunities for this market in developing countries.

In addition, requirement for maintenance of an environment of specific temperature in various industries such as food, chemicals, and pharmaceuticals is another high rendering driver resulting in increasing demand for digital and infrared temperature measuring devices. Development of devices with technological advancements for accurately measuring minute temperature differences is expected to be a growth booster for this industry. For instance, the Exergen TAT-2000C can be used to measure body temperature by just rolling the device tip over the child's forehead.

Further Key Findings From the Study Suggest:

•	The mercury-based thermometers segment dominated the overall market in 2016 in terms of revenue share owing to factors such as growing demand for accuracy in temperature measurement and ease in handling

•	Digital thermometers held more than one-third of the market share in 2016 in the mercury-free segment due to benefits such as cost-effectiveness, easier analysis of temperature to a tenth of a degree, and beep indication after temperature fluctuations

•	Other types of mercury-free thermometers such as disposable ones, temperature strips, and gas thermometers are expected to be fastest growing and are collectively expected to grow at a lucrative CAGR

•	In term of applications, medical fields including hospital, clinics, and primary healthcare centers dominated the overall market in terms of revenue share as of 2016

•	On the other hand, the industrial application segment is expected to showcase lucrative growth over the forecast period as pharmaceutical, chemical, and biotechnology industries require specific temperature maintenance during various stages of product development

•	To avoid contamination and degradation of food & beverages and retain the quality of temperature-sensitive eatables, maintenance of a specific temperature is required. Thus, thermometers have applications in the food industry too

•	Increasing number of health-conscious consumers, established healthcare infrastructure, and increasing demand for disposable thermometers are the key factors attributing for highest revenue generation of the North American region

•	The Asia Pacific regional market is expected to register significant growth over the forecast period with CAGR of 8.3% owing to emerging economies, growing base of target population, and growing concern for personal health

•	Some of the key players in this industry include Exergen Corporation, Omron Healthcare, Inc.; TERUMO CORPORATION, Citizen Systems, 3M (Nexcare), Innovo Medical, RADIANT INNOVATION INC., Good Neighbor Pharmacy, and Fairhaven Health, LLC.
 Table of Content

Chapter 1 Research Methodology & Scope
                    1.1 Information Procurement
                         1.1.1 Purchased database:
                         1.1.2 GVR's internal database
                    1.2 Research Methodology
                    1.3 Geographic scope & Assumptions
                    1.4 Region-wise Market Calculation
                         1.4.1 Region-wise market: Base estimates
                         1.4.2 Global market: CAGR calculation
                    1.5 Region-based Segment Share Calculation
                    1.6 List of Secondary Sources

Chapter 2 Executive Summary
                    2.1 Market Snapshot

Chapter 3 Thermometer Market Variables, Trends & Scope
                    3.1 Market Segmentation & Scope
                         3.1.1 Market driver analysis
                              3.1.1.1 Growing demand for self-healthcare and end user awarness
                              3.1.1.2 Growing prevalence of target diseases
                              3.1.1.3 Rapid technological advancements
                         3.1.2 Market restraint analysis
                              3.1.2.1 Mercury pollution
                    3.2 Penetration & Growth Prospect Mapping
                    3.3 Thermometer- SWOT Analysis, By Factor (Political & Legal, Economic, And Technological)
                    3.4 Industry Analysis - Porter's

Chapter 4 Thermometer Market: Product Estimates & Trend Analysis
                    4.1 Thermometer Market: Product Movement Analysis
                    4.2 Mercury-based Thermometers
                    4.3 Mercury-free Thermometers
                         4.3.1 Infrared radiation thermometers market, 2014 - 2025 (USD Million)
                         4.3.2 Digital thermometers market, 2014 - 2025 (USD Million)
                         4.3.3 Others market, 2014 - 2025 (USD Million)

Chapter 5 Thermometer Market: Application Estimates & Trend Analysis
                    5.1 Thermometer market: Application movement analysis
                    5.2 Medical
                         5.2.1 Medical market, 2014 - 2025 (USD Million)
                    5.3 Industrial
                         5.3.1 Industrial market, 2014 - 2025 (USD Million)
                    5.4 Food
                         5.4.1 Food market, 2014 - 2025 (USD Million)
                    5.5 Laboratory
                         5.5.1 Laboratory market, 2014 - 2025 (USD Million)

Chapter 6 Thermometer Market: Regional Estimates & Trend Analysis
                    6.1 Thermometer Market Share, By Region, 2015 & 2025
                    6.2 North America
                         6.2.1 North America thermometer market, 2014 - 2025 (USD Million)
                         6.2.2 U.S
                              6.2.2.1 U.S thermometer market, by product, 2014 - 2025 (USD Million)
                              6.2.2.2 U.S thermometer market, by application, 2014 - 2025 (USD Million)
                         6.2.3 Canada
                              6.2.3.1 Canada thermometer market, by product, 2014 - 2025 (USD Million)
                              6.2.2.2 Canada thermometer market, by application, 2014 - 2025 (USD Million)
                    6.3 Europe
                         6.3.1 Europe thermometer market, 2014 - 2025 (USD Million)
                         6.3.2 UK
                              6.2.3.1 UK thermometer market, by product, 2014 - 2025 (USD Million)
                              6.2.2.2 UK thermometer market, by application, 2014 - 2025 (USD Million)
                         6.3.3 Germany
                              6.3.3.1 Germany thermometer market, by product, 2014 - 2025 (USD Million)
                              6.2.2.2 Germany thermometer market, by application, 2014 - 2025 (USD Million)
                    6.4 Asia Pacific
                         6.4.1 Asia Pacific thermometer market, 2014 - 2025 (USD Million)
                         6.4.2 Japan
                              6.4.2.1 Japan thermometer market, by product, 2014 - 2025 (USD Million)
                              6.4.2.2 Japan thermometer market, by application, 2014 - 2025 (USD Million)
                         6.4.3 China
                              6.4.3.1 China thermometer market, by product, 2014 - 2025 (USD Million)
                              6.4.3.2 China thermometer market, by application, 2014 - 2025 (USD Million)
                         6.4.4 India
                              6.4.4.1 India thermometer market, by product, 2014 - 2025 (USD Million)
                              6.4.4.2 India thermometer market, by application, 2014 - 2025 (USD Million)
                    6.5 Latin America
                         6.5.1 Latin America thermometer market, 2014 - 2025 (USD Million)
                         6.5.2 Brazil
                              6.5.2.1 Brazil thermometer market, by product, 2014 - 2025 (USD Million)
                              6.5.2.2 Brazil thermometer market, by application, 2014 - 2025 (USD Million)
                         6.5.3 Mexico
                              6.5.3.1 Mexico thermometer market, by product, 2014 - 2025 (USD Million)
                              6.5.3.2 Mexico thermometer market, by application, 2014 - 2025 (USD Million)
                    6.6 MEA
                         6.6.1 MEA thermometer market, 2014 - 2025 (USD Million)
                         6.6.2 South Africa
                              6.6.2.1 South Africa thermometer market, by product, 2014 - 2025 (USD Million)
                              6.6.2.2 South Africa thermometer market, by application, 2014 - 2025 (USD Million)

Chapter 7 Competitive Landscape
                    7.1 Strategy Framework
                    7.2 Market Participation Categorization
                    7.3 Company Profiles
                         7.3.1 A&D Medical
                              7.3.1.1 Company overview
                              7.3.1.2 Financial performance
                              7.3.1.3 Product benchmarking
                              7.3.1.4 Strategic initiatives
                         7.3.2 American Diagnostic Corporation
                              7.3.2.1 Company overview
                              7.3.2.2 Financial performance
                              7.3.2.3 Product benchmarking
                              7.3.2.4 Strategic initiatives
                         7.3.3 Actherm Inc.
                              7.3.3.1 Company overview
                              7.3.3.2 Financial performance
                              7.3.3.3 Product benchmarking
                              7.3.3.4 Strategic initiatives
                         7.3.4 Briggs Healthcare
                              7.3.4.1 Company overview
                              7.3.4.2 Financial performance
                              7.3.4.3 Product benchmarking
                              7.3.4.4 Strategic initiatives
                         7.3.5 Exergen Corporation
                              7.3.5.1 Company overview
                              7.3.5.2 Financial performance
                              7.3.5.3 Product benchmarking
                              7.3.5.4 Strategic initiatives
                         7.3.6 3M(Nexcare)
                              7.3.6.1 Company overview
                              7.3.6.2 Financial overview
                              7.3.6.3 Product benchmarking
                              7.3.6.4 Strategic initiatives
                         7.3.7 Microlife
                              7.3.7.1 Company overview
                              7.3.7.2 Financial overview
                              7.3.7.3 Product benchmarking
                              7.3.7.4 Strategic initiatives
                         7.3.8 Omron Healthcare Inc.
                              7.3.8.1 Company overview
                              7.3.8.2 Financial overview
                              7.3.8.3 Product benchmarking
                              7.3.8.4 Strategic initiatives
                         7.3.9 Medtronic
                              7.3.9.1 Company overview
                              7.3.9.2 Financial overview
                              7.3.9.3 Product benchmarking
                              7.3.9.4 Strategic initiatives
                         7.3.10 RG Medical Diagnostics
                              7.3.10.1 Company overview
                              7.3.10.2 Financial overview
                              7.3.10.3 Product benchmarking
                              7.3.10.4 Strategic initiatives
                         7.3.11 Fairhaven Health LLC
                              7.3.11.1 Company overview
                              7.3.11.2 Financial overview
                              7.3.11.3 Product benchmarking
                              7.3.11.4 Strategic initiatives
                         7.3.12 Terumo Corporation
                              7.3.12.1 Company overview
                              7.3.12.2 Financial overview
                              7.3.12.3 Product benchmarking
                              7.3.12.4 Strategic initiatives
                         7.3.13 Citizen Systems America Corporation.
                              7.3.13.1 Company overview
                              7.3.13.2 Financial overview
                              7.3.13.3 Product benchmarking
                              7.3.13.4 Strategic initiatives
                         7.3.14 Welch Allyn Inc.
                              7.3.14.1 Company overview
                              7.3.14.2 Financial overview
                              7.3.14.3 Product benchmarking
                              7.3.14.4 Strategic initiatives 
List of Tables

TABLE 1 Country share estimation
TABLE 2 North America thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 3 North America thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 4 U.S. thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 5 U.S. thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 6 Canada thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 7 Canada thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 8 Europe thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 9 Europe thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 10 UK thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 11 UK thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 12 Germany thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 13 Germany thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 14 Asia Pacific thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 15 Asia Pacific thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 16 Japan thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 17 Japan thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 18 China thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 19 China thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 20 India thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 21 India thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 22 Latin America thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 23 Latin America thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 24 Brazil thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 25 Brazil thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 26 Mexico thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 27 Mexico thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 28 MEA thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 29 MEA thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)
TABLE 30 South Africa thermometer market estimates and forecasts, by product, 2014 - 2025 (USD Million)
TABLE 31 South Africa thermometer market estimates and forecasts, by application, 2014 - 2025 (USD Million)  



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