From USD 410.0 million in 2019, the global contactless thermometer market is predicted to grow to USD 864.3 million by 2025, registering a CAGR of 11.6% during the forecast period (2020–2025). The growth of contactless thermometer market is attributed towards rapid explosion of COVID-19 disease globally that is causing deaths massively across the globe. Furthermore, extensive funding attributed towards research by the government organizations to treat COVID-19 along with increasing technological upgradation are the key factors driving the growth of global contactless thermometer market.
Increasing demand for secure and more speedy results along with increasing simplicity and affordability of usage of contactless thermometer are the key factors driving the growth of global contactless thermometer market. These thermometers are used in simpler manner and do not require additional training and can be used by non-technical users as well. From past few months the contactless thermometer are used rampantly to trace the patients suffering from COVID-19 globally. Furthermore, COVID-19 is maturing in almost every country such as the U.S., U.K., Spain and India and the key manufacturers are required to extends its development tremendously as the demand in the coming days would be 10 fold that is the key factor bolstering the growth of global contactless thermometer market in these countries enormously.
Around the globe, North America was largest contactless thermometer market in 2019. The growth of this market in the region is attributed towards rapid pervasiveness of infectious disease such as COVID-19 and neo-natal care awareness. In April 2020, approximately 2,222,974 cases has been witnessed in this region as a result to this demand for contactless thermometers has exploded as people becoming more aware and faster results provided by the device so that necessary precautions could be undertaken.
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Key players in the contactless thermometer market are rapidly accentuating efforts such as investment in research and development, new product development and strengthening company strategic decisions in order to make the world recover from epidemic as soon as possible.
Some of the major players operating in the global contactless thermometer market are Easywell Biomedicals Inc., Omron Corporation, Briggs Healthcare Corporation, Paul Hartmann AG, Braun GmbH, Beurer GmbH, Exergen Corporation, Hill-rom Holdings, Geratherm, and BPL Medical Technologies.
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