The medical thermometer market has experienced growth in recent years. With a market value of $2.63 billion in 2024, it is projected to reach $2.98 billion in 2025, marking a compound annual growth rate (CAGR) of 13.3%. By 2029, the market is expected to grow to $4.83 billion, reflecting a steady CAGR of 12.9%.
What’s fueling this rapid expansion? There are a few key factors contributing to this surge include the growth of the aging population and increased health awareness.
One of the biggest trends driving growth is the rise of advanced temporal artery thermometers. These devices, which use infrared technology to measure body temperature from the temporal artery in the forehead, offer fast, non-invasive readings suitable for all age groups. Exergen, the inventor of the first Temporal artery Thermometer is heading up this trend with the Temporal Artery Thermometers, which provide quick, accurate readings with features such as silent mode and memory for tracking multiple readings.
The integration of thermometers with Internet of Things (IoT) devices, allowing for smarter, connected healthcare solutions is also fueling this market. With these advancements, the market is poised for continued growth.
Source:
- The Business Research Company https://www.thebusinessresearchcompany.com/report/medical-thermometer-global-market-report?utm_source=whatech&utm_medium=refferal&utm_campaign=shorturl&utm_content=whatech-com-943945
EXERGEN P/N 850401, Rev 1