Infrared Thermometers Market Size to grow by USD 1053.9 million between 2024-2028
The Infrared Thermometers Market is segmented by Product (Non-contact infrared thermometers and Contact infrared thermometers), Type (Handled thermometer and Fixed-mount thermometer), and Geography (North America, Europe, Asia, and Rest of World (ROW)). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 1053.9 million, at a CAGR of 18.05% during the forecast period. There are several companies that are contributing to the market as per this report. Increasing demand from airports for passengers screening .
By Product, the Non-contact infrared thermometers segment is projected to dominate the market size in 2024
In the global infrared thermometers market, the non-contact segment, specifically utilizing infrared technology, is currently leading the way in 2023. This trend is projected to continue, driven by the escalating demand from industries such as healthcare and manufacturing. Infrared thermometers operate by analyzing temperature readings through electromagnetic radiation, making them a contactless solution. Their versatility is evident in their extensive applications where rapid and precise temperature measurement is essential, and where traditional contact thermometers may not be feasible.
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By Type, Handled thermometer segment is expected to hold the largest market size for the year 2024
In the global infrared thermometers market, handled thermometers hold a significant market share in 2023. These thermometers enable temperature measurement through handheld devices, providing operators with precise and focused results. The widespread use of handled thermometers is particularly prominent in developing nations due to their extensive applications, including temperature screening for COVID-19 patients, assessing the efficacy of medical treatments, and measuring temperatures for individuals with infectious disorders. Key benefits of handled thermometers include their simplicity, comfort, ease of use, non-contact measurement, lightweight design, compact size, and affordability. These advantages are expected to drive growth in the handled thermometers segment of the infrared thermometers market during the forecast period.
Why is North America forecasted to hold the largest regional market size in 2024?
The Infrared Thermometers market represents a significant business opportunity due to the increasing demand for non-contact temperature measurement solutions in various industries. These thermometers offer advantages such as quick response time, accuracy, and safety, making them a preferred choice for applications in manufacturing, food processing, and healthcare sectors. Market growth is further driven by technological advancements and rising awareness for temperature monitoring in various applications.
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Research Analysis Overview
The Infrared Thermometers market is witnessing significant growth due to the increasing demand for eco-friendly products and smart technologies. These thermometers offer non-contact measurement, ensuring health safety concerns during the ongoing pandemic. However, the use of infrared thermometers comes with concerns regarding eye damage from prolonged exposure to infrared radiation. Price-sensitive markets, particularly in developing countries, are driving the demand for affordable infrared thermometers. The automobile sector is also adopting infrared thermometers for engine diagnostics, ensuring energy efficiency and preventing potential damages. Advanced technologies like multifunction thermometers, which can measure temperature at various points such as forehead, ear, and water bodies, are gaining popularity. Infrared thermometers find extensive applications in medical, veterinary, and dairy industries for measuring body temperature and monitoring the health of livestock and food products. Distribution channels include online stores, retail pharmacy, and hospital pharmacy. Infrared thermometers are essential tools for detecting infectious diseases like Dengue and Malaria, making them indispensable in healthcare settings. With the continuous advancements in technology, the future of the Infrared Thermometers market looks promising.
Market Research Overview
According to Technavio, the Infrared Thermometers Market is a significant segment within the expansive Global Healthcare Equipment Market. This market encompasses organizations involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are utilized for the diagnosis, monitoring, and treatment of diverse diseases. Technavio estimates the size of the Global Healthcare Equipment Market by aggregating the revenue generated by manufacturers of diagnostic equipment and devices spanning various therapy areas. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically validated data-driven devices, including Infrared Thermometers. - The Infrared Thermometers Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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