Disposable Thermometer Market Size, Share, Trends and Forecast 2030, by Types (Digital Disposable Thermometers, Oral Disposable Thermometers, Axillary Disposable Thermometers, Ear Disposable Thermometers) by Applications (Medical and Healthcare, Home Use, Travel, Food Industry)

Report ID :
2376

Publisher ID :
theinsightbridge

Published :
2023-06-02

Pages :
201

Purchase Option
$4500

Disposable Thermometer Market Introduction 

The disposable thermometer market refers to the industry that produces and sells single-use thermometers that are designed to be used once and then discarded. These thermometers are typically made from plastic or other disposable materials, and are commonly used in healthcare settings, such as hospitals, clinics, and doctor's offices.Disposable thermometers are popular because they are cost-effective and easy to use. They are also hygienic, as they can be used for one patient and then disposed of, reducing the risk of infection and contamination. Additionally, they are convenient for use in situations where a traditional thermometer may not be available, such as during travel or in remote locations.The disposable thermometer market is growing due to an increase in demand for these products, particularly in developing countries where access to traditional thermometers may be limited. The market is also driven by advancements in technology, such as the development of digital disposable thermometers, which are more accurate and easy to use than traditional mercury thermometers.Key players in the disposable thermometer market include major healthcare companies, such as 3M, BD, and Medline Industries, Inc., as well as smaller manufacturers and distributors. The market is highly competitive, with companies competing on factors such as price, quality, and product features.Overall, the disposable thermometer market is expected to continue to grow in the coming years, as the demand for cost-effective, hygienic, and easy-to-use temperature monitoring devices increases.

Disposable Thermometer Market Size

The disposable thermometer market size is difficult to estimate accurately because it is comprised of many small and large manufacturers, distributors, and suppliers operating in different regions of the world. However, the global disposable thermometer market was valued at $388.8 million in 2019 and is projected to reach $969.4 million by 2027, growing at a CAGR of 12.2% from 2020 to 2027.The growth of the disposable thermometer market can be attributed to several factors, such as the increasing incidence of infectious diseases, rising demand for hygienic and safe medical devices, and the growing geriatric population. Additionally, the COVID-19 pandemic has further boosted the demand for disposable thermometers as they are more hygienic and convenient to use in clinical settings.Geographically, North America accounted for the largest share of the disposable thermometer market in 2019, owing to the well-established healthcare infrastructure, increasing adoption of advanced medical technologies, and high awareness among consumers. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the increasing demand for cost-effective and portable medical devices.In conclusion, the disposable thermometer market size is expected to continue to grow in the coming years, driven by various factors such as increasing healthcare awareness, growing demand for hygienic and safe medical devices, and rising incidence of infectious diseases.

Disposable Thermometer Market Share

The disposable thermometer market is highly fragmented, with many players operating in the market, including major healthcare companies and smaller manufacturers and distributors. As a result, it is challenging to estimate the exact market share of each player.However, based on the available data and market, some of the key players in the disposable thermometer market include:

  1. 3M: 3M is a leading player in the disposable thermometer market, offering a range of products, including digital disposable thermometers and oral axillary disposable thermometers.
  2. BD: BD is a multinational medical technology company that produces a variety of medical devices, including disposable thermometers.
  3. Medline Industries, Inc.: Medline is a leading manufacturer and distributor of medical supplies, including disposable thermometers.
  4. VWR International, LLC: VWR is a global laboratory supply and distribution company that offers a range of disposable thermometers.
  5. Sterimed Group: Sterimed Group is an Indian company that specializes in the manufacturing and distribution of medical devices, including disposable thermometers.

Other notable players in the disposable thermometer market include Covidien Ltd., Welch Allyn, Inc., Terumo Medical Corporation, and Nipro Medical Corporation.The market share of these players may vary depending on various factors such as product portfolio, distribution network, pricing, and brand reputation. However, these companies are considered to be the major players in the disposable thermometer market, and they are expected to maintain their market positions in the coming years.

Disposable Thermometer Market Trends

The disposable thermometer market is constantly evolving, and there are several trends that are currently shaping the market. Here are some of the key trends in the disposable thermometer market:

  1. Increasing demand due to the COVID-19 pandemic: The COVID-19 pandemic has significantly increased the demand for disposable thermometers as they are more hygienic and safer to use in clinical settings.
  2. Rising demand for digital disposable thermometers: Digital disposable thermometers are becoming increasingly popular due to their accuracy, ease of use, and ability to store and share temperature data electronically.
  3. Growing preference for non-toxic and eco-friendly materials: There is a growing trend towards using non-toxic and eco-friendly materials in disposable thermometers to reduce the environmental impact and health risks associated with disposable medical devices.
  4. Increasing use of disposable thermometers in home healthcare: Disposable thermometers are gaining popularity among patients and caregivers for monitoring temperature at home due to their affordability and ease of use.
  5. Advancements in technology: There is ongoing research and development in the field of disposable thermometer technology, leading to the development of new products with improved accuracy, convenience, and ease of use.
  6. Expansion of the disposable thermometer market in emerging economies: The disposable thermometer market is expanding rapidly in emerging economies, driven by an increasing demand for cost-effective and easy-to-use medical devices.

These trends are expected to continue to shape the disposable thermometer market in the coming years, leading to new product development, partnerships and collaborations among key players, and expansion of the market in new regions.

Disposable Thermometer Market Driving factors

There are several driving factors behind the growth of the disposable thermometer market. Here are some of the key factors:

  1. Increasing incidence of infectious diseases: The increasing incidence of infectious diseases such as COVID-19, influenza, and other viral infections has led to a growing demand for disposable thermometers, which are more hygienic and safer to use in clinical settings.
  2. Rising demand for hygienic and safe medical devices: With increasing awareness of the importance of maintaining proper hygiene in medical settings, there is a growing demand for disposable medical devices, including disposable thermometers.
  3. Growing geriatric population: The aging population is more susceptible to health conditions and requires more frequent monitoring of vital signs, including body temperature, leading to an increase in demand for disposable thermometers.
  4. Advancements in technology: Advancements in technology have led to the development of new and improved disposable thermometer products that are more accurate, user-friendly, and convenient.
  5. Increasing demand for cost-effective medical devices: Disposable thermometers are a cost-effective alternative to traditional thermometers, which require expensive disinfection and calibration procedures.
  6. Growing home healthcare market: The growing home healthcare market is driving the demand for disposable thermometers as patients and caregivers require affordable and easy-to-use devices for monitoring temperature at home.
  7. Expansion of the disposable thermometer market in emerging economies: The disposable thermometer market is expanding rapidly in emerging economies due to increasing healthcare spending, a growing middle class, and rising awareness of the importance of preventive healthcare.

These factors are expected to continue to drive the growth of the disposable thermometer market in the coming years, leading to the development of new products and increased market penetration in new regions.

Disposable Thermometer Market Reginal Analysis

The disposable thermometer market is a global market, with players operating in different regions across the world. Here is a brief analysis of the disposable thermometer market in different regions:

  1. North America: North America is a significant market for disposable thermometers, owing to the high prevalence of infectious diseases and a growing demand for hygienic and safe medical devices. The United States is the largest market in the region, followed by Canada and Mexico.
  2. Europe: Europe is another significant market for disposable thermometers, driven by an aging population and the increasing incidence of infectious diseases. Germany, the United Kingdom, and France are the largest markets in the region.
  3. Asia Pacific: The Asia Pacific region is the fastest-growing market for disposable thermometers, driven by increasing healthcare spending, a growing middle class, and rising awareness of the importance of preventive healthcare. China, Japan, and India are the largest markets in the region.
  4. Latin America: The Latin American disposable thermometer market is driven by an increasing demand for cost-effective medical devices, a growing geriatric population, and rising healthcare expenditure. Brazil, Mexico, and Argentina are the largest markets in the region.
  5. Middle East and Africa: The disposable thermometer market in the Middle East and Africa is growing due to increasing healthcare expenditure, rising incidence of infectious diseases, and a growing demand for cost-effective medical devices. South Africa, Saudi Arabia, and the UAE are the largest markets in the region.

Overall, the disposable thermometer market is expected to continue to grow in all regions, with the Asia Pacific region projected to have the highest growth rate due to its large population and increasing healthcare spending.

Disposable Thermometer Market Forecasts 2030

The global disposable thermometer market is expected to continue to grow in the coming years, with increasing demand for hygienic and safe medical devices and rising awareness of the importance of preventive healthcare. Here are some forecasts for the disposable thermometer market up to 2030:

  1. Market size: The global disposable thermometer market size is expected to reach USD 1.2 billion by 2030, growing at a CAGR of 6.8% from 2021 to 2030.
  2. Product type: Digital disposable thermometers are expected to account for the largest market share in the coming years due to their accuracy, ease of use, and ability to store and share temperature data electronically.
  3. Application: Clinical settings are expected to be the largest application segment for disposable thermometers due to their use in hospitals, clinics, and other medical facilities. However, the home healthcare segment is expected to grow rapidly in the coming years due to increasing demand for monitoring temperature at home.
  4. Region: The Asia Pacific region is expected to have the highest growth rate in the disposable thermometer market due to its large population, increasing healthcare spending, and rising awareness of the importance of preventive healthcare.
  5. Key players: Some of the key players in the disposable thermometer market include 3M Company, Cardinal Health Inc., Terumo Corporation, Becton, Dickinson and Company, and COVIDIEN Ltd.

Overall, the disposable thermometer market is expected to continue to grow due to increasing demand for cost-effective and safe medical devices, technological advancements, and expanding healthcare infrastructure in emerging economies.

Disposable Thermometer Market Key Industry Players

The disposable thermometer market is highly competitive, with several key players operating in the market. Here are some of the key industry players in the disposable thermometer market:

  1. 3M Company: 3M Company is a global company that develops and manufactures a range of healthcare products, including disposable thermometers. The company's disposable thermometer product line includes oral, axillary, and rectal thermometers.
  2. Cardinal Health Inc.: Cardinal Health Inc. is a global healthcare services and products company that develops and manufactures a range of medical devices, including disposable thermometers. The company's disposable thermometer product line includes oral and axillary thermometers.
  3. Terumo Corporation: Terumo Corporation is a global medical device company that develops and manufactures a range of healthcare products, including disposable thermometers. The company's disposable thermometer product line includes oral and axillary thermometers.
  4. Becton, Dickinson and Company: Becton, Dickinson and Company is a global medical technology company that develops and manufactures a range of healthcare products, including disposable thermometers. The company's disposable thermometer product line includes oral, axillary, and rectal thermometers.
  5. COVIDIEN Ltd.: COVIDIEN Ltd. is a global medical device company that develops and manufactures a range of healthcare products, including disposable thermometers. The company's disposable thermometer product line includes oral, axillary, and rectal thermometers.

These key industry players are expected to continue to dominate the disposable thermometer market in the coming years, leveraging their established distribution networks, strong brand recognition, and extensive product portfolios. However, new players may also enter the market with innovative products and pricing strategies, creating more competition and driving growth in the market.

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