The adult segment has conquered the market with a market share of 58.9% in 2019. As the geriatric population is mounting and is more prone to medical conditions, like diabetes, renal, and cardiovascular diseases due to low immune response with the growing age factor. Thus, adults are more susceptible to infectious diseases, which, in turn, is likely to boost the demand for medical thermometers
The Asia Pacific is projected to gain significant market share during the forecast period. Owing to increasing modernization and huge investment in the healthcare sector. Further, the growing disposable income of an individual is estimated to boost the market growth in the forecast period as the consumers are adopting point-of-care treatment and first aid at home. The countries dominating the region are India, China, Japan, Australia, Singapore. China has gained more attention in the market due to its well-equipped healthcare infrastructure and growing electronic industry.
Despite a huge decline in the sales of End-User during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.6 %, during the tenure of 2021 – 2027.
The study is associated based on major segments and further into sub-segments By Product (Digital Thermometers, Infrared Radiation Thermometer, other), By Patient Demographics (Paediatrics, Adult), By End-use (Hospitals, Clinic, Other) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the End-User trends, along with the major key players- Medline Industries, Inc.; 3M (Nexcare); Welch Allyn; America Diagnostics Corporation; A&D Medical; Exergen Corporation; Microlife Corporation; Easywell Biomedicals, Inc.; Cardinal Health; Terumo Corporation; Medical Indicators Inc.; Mediaid, Inc.; McKesson Corporation, A&D company, Exergen corporation
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Medical Thermometer Market.”
https://www.maximizemarketresearch.com/market-report/medical-thermometer-market/121956/
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