Europe Disposable Thermometer Market share was valued at USD 26.1 million in 2019 and is expected to witness over 6.3% CAGR from 20120 to 2026.
Disposable thermometer consists of a reservoir, a heat-sensitive indicator liquid maintained by a seal and a stem member and a capillary longitudinally disposed to register with the temperature scale on its outer surface. The base member and stem member are constructed so that the seal may be broken by the rupturing means, thereby allowing the indicator liquid in the reservoir to expand into the capillary channel to register various temperatures when desired.
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The disposable thermometer market is expected to grow during the forecast period due to the rise in infectious diseases such as malaria, flu, and typhoid fever. West Nile Virus and COVID-19 are other two major infectious diseases for which fever is the primary symptom. For instance, according to the European Centres for Disease Prevention and Control (ECDC), in December 2019, European Union (EU) member states and EU neighbouring economies reported 463 West Nile Virus human infections. Furthermore, adoption of non-mercury disposable thermometer in developing economies has risen in the past few years. This is due to the need for curbing hospital acquired infections that will positively influence disposable thermometer market growth over the forthcoming years.
Additionally, the adoption of thermometers by large patient pool in homecare settings to detect the symptoms of particular disease will spur the disposable thermometer market size. Moreover, various government initiatives and programs regarding the use of thermometers during the COVID-19 outbreak has also contributed significantly to the market growth.
Market Growth, By Product
Mercury thermometer segment accounted for revenue of more than USD 11 million in 2019 and is anticipated to show considerable growth rate in the coming years. The segmental growth is attributable to various benefits offered by these thermometers. The benefits includes high thermal conductivity, high sensitivity to temperature and good visibility. Also, these thermometers are widely used for all target areas to measure the temperature. Thus, owing to aforementioned factors, mercury thermometers dominated the global market in 2019, thereby augmenting the industry growth.
Market Value, By Target Area
Axilla segment is projected to show 6.9% CAGR throughout the analysis period. High growth rate is due to various advantages of axillary measuring temperature over other target areas. The axillary temperature maintains body temperature in an open crib, whereas the temperature in sublingual region may vary. Therefore, due to the benefits of armpit temperature measuring, the market is expected to grow with a moderate CAGR in the forthcoming years.
Market Size, By End-use
Homecare setting segment was valued around USD 5.3 million in 2019 and is expected to show similar growth over the analysis time period. According to World Health Organization (WHO), the percentage of elderly people is increasing steadily. This is further projected to rise in many European countries in the coming years. Moreover, the life expectancy has risen sharply in the European region in the past few decades, hence, indicating the need of care dependent treatment. This will supplement the segmental growth.
Market Share, By Country
Italy disposable thermometer market is estimated to exceed USD 2.9 million by 2019 owing to increasing COVID-19 pandemic burden and various other ailments in the country. For instance, as of 20th May 2019, around 227,000 individuals were tested positive in Italy. However, around 98% are infected with mild symptoms of COVID-19 such as cold and fever. Italy is focusing on advanced novel devices for improving the patient care, diagnosis as well as treatment. Moreover, the rise in awareness regarding the benefits of homecare among the general population in such critical times will drive the Italy disposable thermometer market size.
Competitive Market Share
Some of the major industry players involved in Europe Disposable Thermometer Market include 3M Company and Medical Indicators. The key players are undertaking various strategies such as collaborations, mergers & acquisitions for product development. and to sustain market competition as well as various untapped geographical coverage.
Disposable thermometer, also known as single-use thermometer, is a thin and flexible temperature measuring medical device. Single-use thermometers are used to take the temperature reading directly, thereby improving accuracy. Moreover, single-use thermometers are proven under the clinical conditions and meet the stringent accuracy requirements set by the American Society for Testing and Materials (ASTM). Thus, disposable thermometers are being readily adopted in various healthcare settings.