Global Body Temperature Monitoring Device Market Surpasses $690 Million

Business News Agency January 11th With the gradual recovery of the economy, the global body temperature monitoring device market has regained its momentum of development. By 2015, the market scale will continue to expand.

Recently, the electronics industry market research and knowledge network. Ca Publications announced the launch of its new report "Body Temperature Monitoring Devices: A Global Business Strategy Report." The report believes that by 2015, the global body temperature monitoring device market will exceed US$694.44 million.

In 2008 and 2009, the global recession suppressed the momentum of the body temperature monitoring device market. However, as the economy gradually recovers in 2010, this market is regaining its momentum of development and is expected to grow healthily in the coming years. In addition, as people's health care awareness increases, consumers' health care expenditures are expected to increase, which will help improve the consumerism in the body temperature monitoring device market.

Thermometers for clinical use have come a long way since they were introduced. Due to concerns about the use of mercury in conventional thermometers, some developed countries have formulated corresponding policies and are gradually phasing out mercury thermometers, which has led to the birth of a new series of novel thermometers. New varieties include digital thermometers, electronic thermometers and infrared thermometers, which are taking this market to new heights and are driving the future of the market. In addition, as an alternative to the relatively inexpensive digital stick thermometers, the expensive infrared ear thermometers and infrared forehead thermometers have been adopted on a large scale by the market, and it is expected that this will also boost market revenue growth. The needs of the clinical thermometer market will also benefit from the development and application of advanced technologies and the growing development of the self-care market.

As this new market research report points out, the United States is the largest regional clinical thermometer market in the world. In the U.S. market, digital thermometers are the main product sales area. However, the U.S. market demand for infrared thermometers is growing at a faster rate. The development of the medical, clinical, and scientific research sectors also drives the demand for more advanced thermometers. During the financial crisis of 2008 and 2009, the market's demand for temperature monitoring devices was weakened. It is estimated that by 2011, the sales of U.S. temperature monitoring devices will recover moderately and will continue to grow from 2012 onwards.

However, in terms of growth rate, Asia Pacific is expected to be the fastest growing market for temperature monitoring devices. From now until 2015, the market in this region will grow at a compound annual growth rate of at least 9.0%. Increasing concerns about personal health care in the local area and increasing recognition of digital medical devices are driving the development of the Asian-Pacific body temperature monitoring device market.

In the body temperature monitoring device market, digital thermometers account for the largest market share. As an effective alternative to the declining mercury-containing glass thermometers, digital thermometers have attracted the greatest market demand. However, the fastest growth rate is expected to be an infrared thermometer.

In the medical device market, although the proportion of clinical thermometers is small, it is very important. This is mainly because people's health care awareness is improving, especially in the field of family health care. Clinical thermometers have huge business opportunities across the globe. Intense market competition has prompted fever manufacturers to seek to develop superior products with advanced technical features in an effort to gain a competitive advantage.

For example, in the infrared thermometer market, new technologies in the form of non-contact short-term thermometers have emerged that can replace traditional tympanic thermometers. On the other hand, manufacturers in the fierce battle digital thermometer market have merged temperature measurement technology with pacifiers to fully exploit the business opportunities in the baby care market. To meet the infection control requirements in clinical and alternative care settings, manufacturers have developed disposable thermometers.

Thermometers incorporating non-contact temperature measurement technology are aimed at high-income consumer markets. Manufacturers attach great importance to research and development activities and they are fiercely fighting in the field of children's health care. In recent years, technologically advanced clinical thermometers featuring digital displays, faster readings, ease of use, and higher precision have rushed into the market.

This research report lists some of the major manufacturers of clinical thermometers, including A&D Medical/LifeSource, Actherm, American Diagnostics, Covidien, Exergen, Gerathem Medical, Hicks Thermometer (India), and Omron Healthcare Company, Wei Lun company and so on.

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