From USD 410.0 million in 2019, the global contactless thermometer market is predicted to grow to USD 864.3 million by 2025, registering a CAGR of 11.6% during the forecast period (2020–2025): VynZ Research

Published Date: May, 2020

From USD 410.0 million in 2019, the global contactless thermometer market is predicted to grow to USD 864.3 million by 2025, registering a CAGR of 11.6% during the forecast period (2020–2025). An excessive technological upgradation undertaken by the key manufacturers towards medical devices is the key trend observed in the global contactless thermometer market. In order to combat COVID-19 crisis the government authorities globally are excessively emphasizing efforts towards combating the situation and thus rapid advancements and research projects are being massively undertaken to identify and treat the patients globally. Innovation in medical equipments is of outmost important in the situation where pandemic is causing massive deaths and is further expected to prevail for which well-equipped equipments are to be developed as soon as possible to protect human life in the present scenario.

During the forecast period, the online classification is projected to witness the faster contactless thermometer market growth, on the basis of distribution channel

On the basis of distribution channel, the global contactless thermometer market is bifurcated into direct, and indirect channels. Indirect channel is further subdivided into online and retail channels. Amongst these segments, online channels are expected to witness highest CAGR during the forecast period as it offers convenience for shopping at the time of epidemic where moving out of home is considered to be outmost dangerous.

Global Contactless Thermometer Market Segmentation Analysis

Segment

Categorization

Leading Category

Product Type

Handheld, Fixed-Mount Thermometers

Handheld (Faster)

End User

Healthcare Facilities, Individuals, Others

Healthcare Facilities (Largest)

Distribution Channel

Direct, Indirect Channel (Online, Retail)

Online (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

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Geography Insight

Geographically, North America was the largest contactless thermometer market in 2019. This is owing to rapid pervasiveness of infectious disease such as COVID-19 and neo-natal care awareness. In April 2020, approximately 2,222,974 cases has been witnessed in this region as a result to this demand for contactless thermometers has exploded as people becoming more aware and faster results provided by the device so that necessary precautions could be undertaken.

Asia-Pacific is expected to witness highest CAGR during the forecast period. This is due to the increasing awareness of these devices due to explosion of COVID-19 and increasing population that is estimated to be affected by this pandemic in the near future specifically in countries such as India.

Competitive Insight

Some of the key players operating in the global contactless thermometer market are Easywell Biomedicals Inc., Omron Corporation, Briggs Healthcare Corporation, Paul Hartmann AG, Braun GmbH, Beurer GmbH, Exergen Corporation, Hill-rom Holdings, Geratherm, and BPL Medical Technologies.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2025

Historical Period

2015–2019

Base Year

2019

Forecast Period

2020–2025

Segments Covered in the Study

Product Type, End User, Distribution Channel, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Singapore), and Rest of the World (Brazil, Saudi Arabia, South Africa, Iran, U.A.E.)

Companies Covered in the Study

Easywell Biomedicals Inc., Omron Corporation, Briggs Healthcare Corporation, Paul Hartmann AG, Braun GmbH, Beurer GmbH, Exergen Corporation, Hill-rom Holdings, Geratherm, and BPL Medical Technologies

Global Contactless Thermometer Market Coverage

Product Type Insight and Forecast 2015 – 2025

  • Handheld
  • Fixed-Mount Thermometers

End User Insight and Forecast 2015 – 2025

  • Healthcare Facilities
  • Individuals
  • Others

Distribution Channel Insight and Forecast 2015 – 2025

  • Direct
  • Indirect Channel
    • Online
    • Retail

Geographical Segmentation

Contactless Thermometer Market by Region

North America

  • By Product Type
  • By End User
  • By Distribution Channel
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product Type
  • By End User
  • By Distribution Channel
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Product Type
  • By End User
  • By Distribution Channel
  • By Country – China, Japan, India, South Korea, Australia, South Korea, Indonesia, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product Type
  • By End User
  • By Distribution Channel
  • By Country – Brazil, Argentina, Saudi Arabia, South Africa, Iran, U.A.E., and Other Countries

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From USD 410.0 million in 2019, the global contactless thermometer market is predicted to grow to USD 864.3 million by 2025, registering a CAGR of 11.6% during the forecast period (2020–2025): VynZ Research