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APAC Disposable Thermometer Market size to cross $80.9 Mn by 2027
Published Date: 2022-01-03
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APAC Disposable Thermometer Market size is poised to surpass USD 80.9 million by 2027, according to a latest forecast report by Graphical Research.
The market growth is due to rise in adolescence population. The adolescence population base is associated with various risk factors such as changing unhealthy lifestyle that include consumption of tobacco and alcohol among others. These risk factors may cause diseases such as diabetes, cancer and heart problems. For instance, in 2021, according to the BioMed Central Ltd., the overall prevalence of pre-diabetes/diabetes was 12.3% and 8.4% among adolescent boys and girls in India respectively. As fever being one of the symptoms of diabetes, the demand for disposable thermometer will also increases, thereby augmenting the market revenue.
Technological advancement in the medical devices including disposable thermometer to treat patients from various acute and chronic diseases will trigger the market expansion. Moreover, the introduction of novel and cost-efficient disposable thermometers will further boost the market demand.
The mercury thermometer segment is expected to witness over 7.7% CAGR across the forecast timeframe owing to the increasing prevalence of infectious diseases, in which fever is a primary symptom, the demand for the disposable thermometer including mercury disposable thermometer will increases. For instance, in 2021, according to the World Health Organization (WHO) report, about 40 million people are chronically infected with hepatitis B and 9 million people are chronically infected with hepatitis C. Moreover, the mercury thermometer provides accurate and contactless readings to the medical staff and patients.
Browse detailed statistical insights from the report, “Asia Pacific Disposable Thermometer Market Forecast 2027 By Type (Digital Thermometer, Mercury Thermometer, Strip Thermometer), By Target Area (Oral, Axilla, Rectal), By End-use (Hospitals, Homecare Settings, Diagnostic Centers), Research Report, Country Outlook (China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The axilla area segment is anticipated to expand at a CAGR of 9.1% during the forecast period attributed to the advantages of measuring temperature in armpit than other targeted areas. The axillary temperature maintains the body temperature in an open crib, whereas the temperature may vary in sublingual region. Thus, owing to this benefit of armpit temperature measuring, the axilla area segment is anticipated to show a considerable growth in the forthcoming years.
The homecare setting segment dominated over USD 7.5 million revenue in 2020. Homecare settings are usually cost effective, more convenient and as effective as hospital care services. Such factors will foster the disposable thermometer demand as body temperature measurement is the basic step in homecare settings. Moreover, owing to the increasing life expectancy, the geriatric population is growing in Asia Pacific region that indicates the need of home care services. Also, the geriatric population are more dependent on homecare health services as they are stress free and comfortable.
The Japan disposable thermometer industry is predicted to reach USD 23.1 million by 2027 credited to increasing awareness among the population regarding home care health services. In addition, increasing prevalence of infectious disease such as HIV and hepatitis is anticipated to drive the country level market growth. For instance, in 2020, there were more than 29,000 cases of HIV in Japan. As high body temperature is one of the symptoms of HIV, the need of thermometer is expected to increase, thereby supplementing the market.
The disposable thermometer in APAC market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027, for the following segments:
Asia Pacific Market, By Type
- Digital thermometer
- Mercury thermometer
- Strip thermometer
Asia Pacific Market, By Target Area
Asia Pacific Market, By End-use
- Homecare settings
- Diagnostic centers
The above information has been provided for the following countries:
- Asia Pacific
- South Korea