June 24, 2022
According to the research report titled ‘Global Non-contact Infrared Thermometers Market 2022-2028’, available with MarketStudyReport, global non-contact infrared thermometers market is expected to register a CAGR of 9.1% during 2022-2028, thus achieving a substantial valuation of USD 460 million by the end of forecast period.
As per report findings, the development of global non-contact infrared thermometers industry is backed by the severe impact of the COVID-19 pandemic & rising patients, prevalence of infectious diseases, and growing cognizance of the benefits of non-contact infrared technology.
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Furthermore, extensive adoption of infrared thermometers across construction, manufacturing, and industrial verticals, in consort with greater R&D investments by corporations, governmental agencies, and equity firms to develop technologically advanced devices are leading to market growth.
The research scrutinizes the market situation based on the historical data from 2018 to 2021, together with a comprehensive overview of products, end-users, and regional panorama, to precisely evaluate the developmental pattern from 2022 to 2028.
Based on product type, global non-contact infrared thermometers market is segmented into multi-function thermometers, in-ear thermometers, and forehead thermometers. Among all, the forehead thermometers segment accounted for a notable revenue share in 2021 and is anticipated to garner significant traction during the forecast timeline.
Bifurcation of the market concerning application spectrum consists of veterinary thermometers and medical thermometers (kids and adults). Here, the adult medical segment is estimated to hold a significant market share in the coming years.
Regionally, the industry trends are studied across North America, Europe, Asia Pacific, and other part of the world. Profitable opportunities are discovered and plans for amplifying revenues are divulged in the report.
Furthermore, the document states the profiles of top-notch organizations in global non-contact infrared thermometers industry. The company profiles included are Thermomedics Inc., Radiant Innovation Inc., Omron Corporation, Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. (Yuwell), Haier Group Corporation, Geratherm Medical AG, Contec Medical Systems Co. Ltd., Briggs Medical Service Company, BPL Medical Technologies Private Limited, A&D Company Limited, Terumo Corporation, Paul Hartmann AG, Microlife Corporation, Hill-Rom Holdings Inc., and Exergen Corporation. The report also supplies additional information on the competitive standpoint of the market by elaborating on agreements, partnerships, collaborations, and mergers & acquisitions.