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North American Disposable Thermometer Market size to reach $143 Mn by 2027
Published Date: 2022-01-03
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North American Disposable Thermometer Market size is estimated to cross USD 143 million by 2027, according to a latest forecast report by Graphical Research.
Owing to increasing geriatric population, the adoption rate of thermometer along with disposable thermometer is anticipated to rise among the population. With increasing age, the physical activity decreases that might result in the chronic diseases such as cancer and heart problems. Similarly, rheumatoid arthritis is one of the common bone problems in elder population. The rheumatoid arthritis causes high-grade fever due to inflammation. For instance, in the year 2020, according to the Cureus (Journal of Medical Science), approximately 1.3 million adults were affected by rheumatoid arthritis and more than 560,000 hospitalizations in the U.S. involving with rheumatoid arthritis. Thus, there is an increasing need for body temperature monitoring coupled with increasing number of hospitalizations owing to bone related disorders and cancer.
Technological advancement in disposable thermometer such as combination of thermochromic liquid crystals with 3D printing is expected to result in high-quality, easy-to-read, moving line and single-color change thermometers. Such advancement in disposable thermometer is expected to create a growth opportunity in the market. Moreover, the adoption of non-mercury disposable thermometer has increased in past few years owing to the increasing awareness of toxic nature of mercury among the population, thereby fostering the market growth.
The digital thermometer segment accounted over 36% market share in 2020. The digital thermometer gives an accurate result within 60 seconds and requires low maintenance, thereby increasing its demand. Moreover, other capabilities such as auto turn-off after 5 minutes and audible alarm signals makes digital disposable thermometer more attractive. For instance, digital disposable thermometer offered by Cardinal Health are used widely across the globe, as they are easier to read owing to its LCD display that show the results. This advantage will attract more customers to opt for such thermometers, thereby increasing the product demand and spur the market demand.
Browse detailed statistical insights from the report, “North America Disposable Thermometer Market Forecast 2027 By Target Area (Oral, Axilla, Rectal), By Type (Digital Thermometer, Mercury Thermometer, Strip Thermometer), By End-use (Hospitals, Homecare Settings, Diagnostic Centers), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The oral segment will showcase around 6.3% CAGR during the forecast period. The oral disposable thermometer is placed under the tongue to measure accurate temperature of the body. The disposable thermometer provides accurate result in just 1 minute for oral reading. Moreover, it does not require special storage conditions, cover or batteries and are economical in nature. Such factors of oral thermometer attracts the patient pool, thereby fostering the market revenue. Furthermore, various studies show that oral reading is usually accurate for pediatrics and adults, thus making it popular among these population that in turn will increase its adoption rate.
The hospitals segment held more than USD 24.9 million revenue in 2020 attributed to growing number of hospitalizations, as temperature measurement is the basic process at the time of hospitalization. For instance, in 2019, according to the American Hospital Association (AHA), there were more than 30.6 million hospital admissions in the U.S., hence indicating the need of thermometer. Thus, increasing number of hospitalizations is expected to foster the market size. Furthermore, the disposable thermometer has increased its significance as a front-line diagnostic equipment in general outpatient department, thereby augmenting the market growth.
The Canada disposable thermometer industry is expected to surpass USD 12.9 million by 2027 credited to increasing prevalence of chronic disease owing to unhealthy lifestyle habits. Also, growing proportion of geriatric population will drive the market demand. For instance, in 2019, there were nearly 6.8 million individuals aged 65 and older in Canada. Thus, elderly population are more susceptible to the acute and chronic diseases, thereby indicating the increasing demand of thermometer including disposable thermometer in this country. Additionally, government initiatives to use disposable thermometer during COVID-19 outbreak will further play a pivotal role in the market expansion.
The disposable thermometer in North American 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:
North America Market, By Type
- Digital thermometer
- Mercury thermometer
- Strip thermometer
North America Market, By Target Area
North America Market, By End-use
- Homecare settings
- Diagnostic centers
The above information has been provided for the following countries:
- North America