Latin America Medical Thermometer Market Size & Outlook

The medical thermometer market in Latin America is expected to reach a projected revenue of US$ 57.3 million by 2027. A compound annual growth rate of 18.1% is expected of Latin America medical thermometer market from 2020 to 2027.
Revenue, 2019 (US$M)
$15.2
Forecast, 2027 (US$M)
$57.3
CAGR, 2020 - 2027
18%
Report Coverage
Latin America

Latin America medical thermometer market highlights

  • The Latin America medical thermometer market generated a revenue of USD 15.2 million in 2019.
  • The market is expected to grow at a CAGR of 18.1% from 2020 to 2027.
  • In terms of segment, adults was the largest revenue generating patient demographic in 2019.
  • Pediatric is the most lucrative patient demographic segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Latin America data book summary

Market revenue in 2019USD 15.2 million
Market revenue in 2027USD 57.3 million
Growth rate18.1% (CAGR from 2019 to 2027)
Largest segmentAdults
Fastest growing segmentPediatric
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPediatric, Adults
Key market players worldwideTerumo Corp, McKesson Corp, America Diagnostics, Cardinal Health Inc, Compumedics, Easywell Biomedicals Inc., Medical Indicators

Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.5% of the global medical thermometer market in 2019.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 277.6 million by 2027.

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Medical Thermometer Market Companies

Name Profile # Employees HQ Website

Latin America medical thermometer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical thermometer market will help companies and investors design strategic landscapes.


Adults was the largest segment with a revenue share of 59.87% in 2019. Horizon Databook has segmented the Latin America medical thermometer market based on pediatric, adults covering the revenue growth of each sub-segment from 2016 to 2027.


  • Latin America Medical Thermometer Patient Demographic Outlook (Revenue, USD million, 2016-2027)
    • Pediatric
    • Adults
  • Latin America Medical Thermometer Product Outlook (Revenue, USD million, 2016-2027)
    • Infra-red radiation thermometers
    • Digital thermometers
    • Others
  • Latin America Medical Thermometer Point of Measurement Outlook (Revenue, USD million, 2016-2027)
    • Ear
    • Forehead
    • Oral
    • Anal
    • Ambient
    • Others (Axillary, Armpit, wrist)

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Target buyers of Latin America medical thermometer market databook

  • Our clientele includes a mix of medical thermometer market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical thermometer market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical thermometer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America medical thermometers market size, by country, 2016-2027 (US$M)

Latin America Medical Thermometer Market Share, 2019 & 2027 (US$M)

Latin America medical thermometers market size, by country, 2016-2027 (US$M)

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