Asia Pacific Disposable Thermometer Market size valued at USD 37 million in 2020 and is anticipated to exhibit 8.4% CAGR from 2021 to 2027.
Government initiatives, technological advancements coupled with increasing R&D activities to develop medical devices including disposable thermometer will drive the market growth. Furthermore, increasing disposable income in Asia-Pacific region will increase the adoption of disposable thermometer.
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The Asia Pacific disposable thermometer market demand can be attributed to increasing prevalence of bacterial diseases such as syphilis, COVID-19, tuberculosis and typhoid among others. For instance, in 2019, according to the World Health Organization (WHO) report, more than 5 million new tuberculosis cases were estimated in Asia-Pacific region. Also, the report stated that, fever has been reported to occur in 60-85% of patients afflicted with pulmonary tuberculosis.
Asia Pacific Market, By Type
The strip thermometer segment will register a significant growth of 9.9% during the forecast timeframe. The strip thermometer is also known as liquid crystal thermometer or plastic strip thermometer or temperature strip thermometer. Strip thermometer portrays temperature as colors and can be used to follow the temperature changes due to the heat flow. Also, plastic strip thermometers are used and designed for home and medical use. Additionally, strip thermometer has benefits such as cost effectiveness, easy to read and reusable for single patient if it is correctly sanitized.
Asia Pacific Market, By Country
China disposable thermometer market revenue is set to expand at 8.9% CAGR to cross USD 19.3 million by 2027, owing to the presence of small and local players in the field of medical devices. Moreover, growing geriatric population base in the country is another factor for the adoption of disposable thermometer.
Asia Pacific Market, By Target Area
Rectal segment held around 23.8% market share in 2020, due to the fact that it prevents patients from certain infections such as Rotavirus, Norovirus and C. difficile. Rectal thermometer is noted to give accurate temperature readings. These factors make rectal thermometer more popular among the disease population. Also, healthcare professionals highly prefer rectum temperature to measure the patient’s body temperature.
Asia Pacific Market, By End-use
Diagnostic center segment revenue was over USD 8.8 million in 2020. Diagnostic center identifies the diseases based on sign and symptoms, thus help the patient to get proper medication. In addition, various disease involves primary symptom as fever, cold and sore throat among others, thus it is expected to observe a significant demand in the market. Moreover, rising use of disposable thermometer such as TempaDot for routine clinical checkup will further boost the market growth.
Competitive Industry Landscape
Key disposable thermometer market players in Asia Pacific are Medline Industries, FIRST AID ONLY, Inc., Tempagenix, and Advanced Meditech Internationals. Companies undertake various strategies such as new product launch, mergers, acquisitions, collaborations, geographic expansions to strengthen their market position.