South Korea Medical Thermometer Market Size & Outlook

The medical thermometer market in South Korea is expected to reach a projected revenue of US$ 38.3 million by 2027. A compound annual growth rate of 17.8% is expected of South Korea medical thermometer market from 2020 to 2027.
Revenue, 2019 (US$M)
$10.4
Forecast, 2027 (US$M)
$38.3
CAGR, 2020 - 2027
17.7%
Report Coverage
South Korea

South Korea medical thermometer market highlights

  • The South Korea medical thermometer market generated a revenue of USD 10.4 million in 2019 and is expected to reach USD 38.3 million by 2027.
  • The South Korea market is expected to grow at a CAGR of 17.8% 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.

Medical thermometer market data book summary

Market revenue in 2019USD 10.4 million
Market revenue in 2027USD 38.3 million
Growth rate17.8% (CAGR from 2019 to 2027)
Largest segmentAdults
Fastest growing segmentPediatric
Historical data2016 - 2018
Base year2019
Forecast period2020 - 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, South Korea accounted for 3.8% of the global medical thermometer market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China medical thermometer market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 48.6 million by 2027.

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Medical Thermometer Market Companies

Name Profile # Employees HQ Website

South Korea 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 59.62% in 2019. Horizon Databook has segmented the South Korea medical thermometer market based on pediatric, adults covering the revenue growth of each sub-segment from 2016 to 2027.


  • South Korea Medical Thermometer Patient Demographic Outlook (Revenue, USD million, 2016-2027)
    • Pediatric
    • Adults
  • South Korea Medical Thermometer Product Outlook (Revenue, USD million, 2016-2027)
    • Infra-red radiation thermometers
    • Digital thermometers
    • Others
  • South Korea 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 South Korea 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea medical thermometer market, including forecasts for subscribers. This country databook contains high-level insights into South Korea medical thermometer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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South Korea medical thermometers market size, by patient demographic, 2016-2027 (US$M)

South Korea Medical Thermometer Market Share, 2019 & 2027 (US$M)

South Korea medical thermometers market size, by patient demographic, 2016-2027 (US$M)

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