Medical Thermometer Market is Experiencing Prominent Growth Opportunities
The global medical thermometer market is expected to show upward curve of sales during the tenure of 2019–2029. One of the key factors attributed to this growth is remarkable growth in the use of medical thermometers owing to rising cases of infectious diseases such as COVID-19. Digital thermometers, infrared radiation thermometers, and others are the three types of products available in the market.
The latest upcoming report performs segmentation of the global medical thermometer market depending on many key factors such as patient demographic, product, point of measurement, and region. Depending on point of measurement, the market for medical thermometer is classified into forehead, ear, anal, oral, ambient, and others.
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Global Medical Thermometer Market: Growth Dynamics
Owing to recent COVID-19 epidemic, numerous regional enterprises working in the global medical thermometer market are experiencing prominent growth opportunities. With the government bodies of many countries have started unlocking procedures, they have compelled for thermal screening procedures at numerous offices as well as public places. As a result, there is exceptional increase in the demand for infrared medical thermometers. This factor is working as a big positive for the growth of the global medical thermometer market.
Increased cases of target diseases, rapid technological advancements, and growing operations by the regional and small-sized players are some of the key factors impacting positively on the growth of the global medical thermometer market. This aside, growing awareness in all worldwide locations regarding the importance of body temperature monitoring is stimulating sales avenues for market.
Global Medical Thermometer Market: Notable Development and Competitive Analysis
The medical thermometer market is highly fragmented in nature. Presence of many well-entrenched players denotes that the competitive landscape of the market medical thermometer is highly intense. Key vendors operating in the global medical thermometer market are concentrated on strengthening their product portfolio. As a result, they are growing efforts to launch technologically advanced products.
Many companies in the global medical thermometer market are focused on completing the towering needs for medical thermometers. To achieve this motive, they are strengthening their production capabilities. Apart from this, several players are growing their regional presence by executing merger, acquisition, and partnership activities. All these activities connote that the global medical thermometer market will grow at rapid pace during the forecast period of 2019 to 2029.
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The list of important players in the global medical thermometer market includes:
- 3M (Nexcare)
- Medline Industries, Inc.
- America Diagnostics Corporation
- Welch Allyn
- Exergen Corporation
- A&D Medical
- Easywell Biomedicals, Inc.
- Microlife Corporation
Global Medical Thermometer Market: Regional Assessment
The global medical thermometer market shows presence in five major regions, namely, Asia Pacific, North America, Latin America, the Middle East and Africa, and Europe. Among the important regions, North America is one of the dominant regions in the market for medical thermometer. This dominance is attributed to plethora of reasons. Rising cases of infectious diseases as well as other diseases such as swine flu, dengue, and malaria is one of the key factors driving market growth. This aside, the North America medical thermometer market will get the advantage of presence of strong initiatives by the regional government to prevent infectious diseases.
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