May 27, 2024
Infrared Thermometer Market

The Infrared Thermometer Market Is Expected To Be Flourished By Growing Demand For Non-Contact Thermometry Solutions

Infrared thermometers are handheld, non-contact thermometers that measure the surface temperature of an object without physically touching it. They measure infrared energy radiated by the object and estimate the surface temperature. Infrared thermometers are becoming widely used in healthcare settings for temperature screening in hospitals, clinics and during the COVID-19 pandemic. They help detect fever without direct contact and prevent cross-contamination. Infrared thermometers are also used extensively in the foodservice industry to check the temperature of cooking surfaces and food items. Industrial applications include preventative maintenance of electrical equipment and systems as well as quality control in manufacturing processes.

The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

The growing demand for non-contact thermometry in healthcare and industry is expected to drive growth of the Global Infrared Thermometer Market Size. Infrared thermometers help enable touchless temperature screening, which reduces the risk of disease transmission. This is a key factor creating significant opportunities for infrared thermometers during the COVID-19 pandemic as healthcare facilities increasingly adopt non-contact temperature monitoring. Additionally, strict quality control norms in the food processing industry regarding surface and internal food temperatures have increased the adoption of infrared thermometers for verifying compliance. Ongoing technological advancements leading to higher accuracy, wider temperature ranges and portable smartphones connectivity in infrared thermometers will further support market expansion over the forecast period.

Segment Analysis

The global infrared thermometer market is dominated by the medical diagnostics segment which accounts for around 80% of the total market share. Infrared thermometers in medical diagnostics are used to screen patient temperatures and help detect fever, which is one of the most common symptoms of many illnesses. This makes non-contact infrared thermometers ideal for hospitals, clinics and other healthcare facilities to quickly check temperatures of large number of patients without the need for direct physical contact.

PEST Analysis

Political: Regulations around healthcare and medical devices are shaping demand for infrared thermometers. stricter safety guidelines are boosting adoption.
Economic: Rising healthcare spending globally is driving demand from hospitals and clinics. Falling device prices are also increasing affordability.
Social: Growing health awareness and need for hygiene is a key factor. IR thermometers help maintain social distancing.
Technological: Advances in sensor technology are leading to more accurate, compact and affordable infrared thermometers. Connectivity features are enhancing usability.

Key Takeaways

The global infrared thermometer market is expected to witness high growth over the forecast period due to increased demand for contactless temperature screening arising due to the COVID-19 pandemic. The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.

Regional analysis:

North America region currently dominates the infrared thermometer market and is expected to continue its dominance over the forecast period. This can be attributed to increasing healthcare expenditure and presence of key players in countries like US. Asia Pacific region is anticipated to witness fastest growth owing to rising medical tourism, increasing healthcare expenditure and growing awareness regarding infrared thermometers.

Key players operating in the infrared thermometer market are Becton, Dickinson and Company, Lohmann & Rauscher, Komal Health Care Pvt. Ltd., Paul Hartmann AG, DeRoyal Industries Inc., Tytex, Shandong Dermcosy Medical Co., Ltd., Smith & Nephew plc, Dynarex Corporation, Talent Healthcare, 3M and Datt Mediproducts Pvt. Limited. Key players are focusing on new product launches catering to infection control and undertaking strategic collaborations to strengthen distribution networks.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it