September 07, 2020
As per the research report titled ‘Disposable Thermometer Market Size By Type, By Target Area, By End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global disposable thermometer market is anticipated to register a significant growth rate during 2020-2026.
Industry experts claim that surging demand for disposable thermometers in homecare and healthcare settings is propelling the growth of the market during the analysis timeframe.
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For the record, disposable thermometers are medical instruments that are generally discarded as bio-waste after being used for a patient in order to prevent healthcare professionals from contracting various infections such as Norovirus, Rotavirus, Difficile, Clostridium, and MRSA.
Moreover, these thermometers provide accurate readings within one to three minutes and have a temperature-measuring range of 96.0°F to 104°F. The devices are automatically reset when subjected to high temperature conditions such as during storage or shipping.
Based on type, the digital thermometer segment is expected to witness substantial growth through 2026, owing to rising adoption of the product due to its more accurate and faster readings as compared to conventional mercury thermometers.
With regards to target area, the report claims that rectal disposable thermometers segment is predicted to expand substantially over the forecast period. Increasing adoption of the product in pediatrics coupled with inclination among healthcare professionals towards using rectal thermometers for measuring body temperature are bolstering the growth of the market.
Moving on to the end-user spectrum, the hospital segment is projected to grow significantly during 2020-2026, primarily due to rising utilization and adoption of thermometers in diagnostic procedures carried out in hospitals.
According to the regional analysis of the report, Latin America is projected to emerge as a lucrative opportunity for the remuneration of global disposable thermometer market. Factors such as rapid development in healthcare infrastructure, growing patient population, and rising disposable income, predominantly in Mexico and Brazil are stimulating the growth of the regional market.
Key participants of worldwide disposable thermometer market include Advanced Meditech Internationals, Inc (AMI), Hopkins Medical Products, H-B Instrument Co, LCR Hallcrest, LLC, GH Zeal Ltd, Medline Industries, Inc., Protontek, Tempagenix, LLC, 3M Company, Medical Indicators Inc., First Aid Only Inc., and GF Health Products, Inc. among others.