Infrared Thermometer Market size is poised to cross USD 1.5 Billion by the end of 2035, growing at a CAGR of 8% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of infrared thermometer was USD 650 Million. The growth of the market can be attributed to the growing instances of infectious diseases. According to the World Health Organization, every year, more than 50,000 people die due to infectious diseases. Infrared thermometers enable the early detection of these diseases, which can help doctors to do timely isolation and medical intervention, thus reducing the risk of transmission.
In addition to these, a factor that is augmenting the market growth is the growing demand for infrared thermometers. The benefits of non-constant temperature measurement have been more widely known. As a result, infrared thermometers are more likely to be encountered by people in a variety of situations, resulting in increasing market demand.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~8% |
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Base Year Market Size (2022) |
~ USD 650 Million |
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Forecast Year Market Size (2035) |
~ USD 1.5 Billion |
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Regional Scope |
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Type (Portable, Fixed)
The portable segment in the infrared thermometer market is estimated to gain the largest revenue share of about 60% in the year 2035. The growth of the segment can be attributed to the increasing use of portable thermometers for commercial and industrial purposes. Moreover, since COVID-19, the government have mandated the use of portable thermometers in public place to check the temperature of the public. Furthermore, the rising demand for remote patient monitoring devices is also expected to boost the growth of the segment.
Application (Healthcare, Non-Healthcare)
The non-healthcare segment is expected to garner a significant share of around 55% in the year 2035. Infrared thermometers are used in various industries other than healthcare. For instance, it is employed in the automotive sector to check the health of engines, in the industrial sector, it enables the detection of gas leaks or any heat loss. Moreover, they are used in the electrical industry to detect hotspots in electrical equipment in order to avert potential fires or electrical fires. All this application of infrared thermometers has increased the dominance of the non-healthcare segment.
Our in-depth analysis of the global market includes the following segments:
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APAC Market Forecast
The infrared thermometer market in Asia Pacific is projected to be the largest with a share of about 36% by the end of 2035. The growth of the market can be attributed majorly to the growing government initiative to start screening at public places. After the multiple unfortunate deaths during the COVID-19 pandemic, India launched the Disaster Management Act in March 2022, It involved all the preventive measures for avoiding any such future events, and it also included human screening at the entry points of the public places. Under this act, the Indian government installed 61 scanners at 9 seaports and 26 international airports with the help of UNICEF and ADB.
North American Market Statistics
The North America infrared thermometer market is estimated to be the second largest, registering a share of about 27% by the end of 2035. The growth of the market can be attributed to the rising production of meat and fish. In 2022, overall beef production in the United States is expected to be around 29 billion pounds, a rise from 28 billion pounds the year before. Furthermore, the production of beef in Canada was around 1.35 million metric tons in 2022.
Author Credits: Abhishek Verma, Hetal Singh
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