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North America Disposable Thermometer Market Growth By Target Area (Oral, Axilla, Rectal), By Type (Digital Thermometer, Mercury Thermometer, Strip Thermometer), By End-use (Hospitals, Homecare Settings, Diagnostic Centers), Industry Analysis Report, Regional Outlook (U.S., Canada), Application Potential, Competitive Market Share & Forecast, 2020 - 2026

Published Date: May 2020 | Publisher: Graphical Research Report ID: GR1362 | Delivery : PDF

Industry Trends

North America Disposable Thermometer Market Share was valued at USD 32.5 million in 2019 and is expected to witness over 5.9% CAGR from 2020 to 2026.

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Disposable thermometers are temperature measuring medical devices that are used in targeted areas of body such as forehead, armpits, rectum and others. Disposable thermometers are designed for single patient use for minimizing the risk of cross contamination or reinfections.

Growing prevalence of COVID-19 pandemic will drive the adoption rate of disposable thermometer across North America. For instance, as of 18th May 2020, approximately 1.52 million individuals were tested positive of COVID-19 in the U.S., causing 89,932 deaths. The symptoms of COVID-19 infection include fever, cold and cough. Due to increase in the cases of COVID-19 in North America, the demand for thermometers have risen moderately.

Increasing preference of thermometers by large patient pool suffering from infectious disease will drive the industry growth in North America. Mercury thermometers and digital thermometers were widely used to identify the new cases of COVID-19 outbreak. Moreover, key market players are focusing on advanced technology to provide more user-friendly thermometers with faster results, thereby augmenting the market size in the upcoming years. However, availability of substitutes and technical limitation may hamper the disposable thermometer business growth.

North America Market Share, By Type

Digital thermometer segment held over USD 11 million revenue in 2019. High growth rate is attributed to various advantages of digital thermometers. These thermometers offers temperature reading in decimal points with quick and accurate results compared to other thermometers. Digital thermometers are multifunctional and are easier to read over mercury counterparts. Such benefits will increase the demand for digital thermometers and augment the segmental growth over the forecast period.

North America Market Size, By Target Area

Oral segment is projected to show around 5.9% CAGR throughout the analysis timeline. Oral thermometers are used to measure the body temperature by placing posteriorly into the sublingual pocket. The sublingual arteries track the changes of body temperature. Oral thermometers provide better estimation of core body temperature. Thus, aforementioned factors will contribute significantly for uptake of segmental growth.

North America Market Value, By End-use

Hospital segment held a significant share in 2019 and was valued at over 10 million. Hospitals are well equipped with advanced medical devices including thermometers to measure body temperature. The segmental growth is attributed to growing number of geriatric populations, as they require hospitalization. For instance, the geriatric population contributed to about 15% of the total hospitalization in the U.S. in 2017. Furthermore, geriatric population base is susceptible to COVID-19 infection, with fever being the primary symptom, thus, indicating the requirement of thermometers. Therefore, the demand for disposable thermometer will further spur the market growth.

North America Market Forecast, By Country

U.S. disposable thermometer market is poised to exceed USD 29 million by 2019 owing to increasing prevalence of infectious disease across the country. According to Centres for Disease Control and Prevention, approximately 4.1 million patients were diagnosed with infectious and parasitic diseases in 2017. As high body temperature is one of the primary symptoms, the requirement for disposable thermometer will increase in the forthcoming years. Furthermore, technological advancements in disposable thermometer will further foster the U.S. disposable thermometer market over the coming years.

Competitive Market Share

Some of the major industry players involved in North America Disposable Thermometer Market includes Medline Industries, FIRST AID ONLY, Inc., Tempagenix, and Advanced Meditech Internationals among others. These market players are adopting various organic and inorganic strategies such as collaborations, mergers and acquisitions to sustain their market position. For instance, in April 2020, due to COVID-19 pandemic, Tempagenix announced increased production of disposable forehead thermometers. This strategy has resulted in increased revenue of the company.

Industry Background

The liquid crystal thermometer or plastic strip thermometers were invented in California, in 1970. Disposable liquid crystal thermometers have been developed for medical and home use. Disposable thermometers are known as single-use thermometers, that provide accurate temperature reading in under one minute for oral and three minutes for axillary readings. The new single-use thermometer are designed to be faster, easier to use and more accurate, as well as being safer than the conventional glass/mercury thermometer. Thus, innovation in the field of medical devices and adoption of novel device technology will accelerate market progress in future.

Frequently Asked Question(FAQ) :

According to Graphical Research, North America Disposable Thermometer Market Share was valued at USD 32.5 million in 2019 and is expected to witness over 5.9% CAGR from 2020 to 2026.
Some of the major industry players involved in North America disposable thermometer market includes Medline Industries, FIRST AID ONLY, Inc., Tempagenix, and Advanced Meditech Internationals among others.
North America Disposable Thermometer Market Growth By Target Area (Oral, Axilla, Rectal), By Type (Digital Thermometer, Mercury Thermometer, Strip Thermometer), By End-use (Hospitals, Homecare Settings, Diagnostic Centers), Industry Analysis Report, Regional Outlook (U.S., Canada), Application Potential, Competitive Market Share & Forecast, 2020 - 2026

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North America Disposable Thermometer Market Share 2026, Industry Analysis


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