Global Medical Thermometer Market Size & Outlook, 2019-2027

The medical thermometer industry worldwide is expected to reach a projected revenue of US$ 1,032.8 million by 2027. A compound annual growth rate of 18% is expected of the worldwide medical thermometer industry from 2020 to 2027.
Revenue, 2019 (US$M)
$274.1
Forecast, 2027 (US$M)
$1,032.8
CAGR, 2020 - 2027
18%
Report Coverage
Worldwide

Global medical thermometer market highlights

  • The global medical thermometer market generated a revenue of USD 274.1 million in 2019 and is expected to reach USD 1,032.8 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 18% by 2027.
  • In terms of segment, adults accounted for a revenue of USD 164.5 million in 2019.
  • Pediatric is the most lucrative patient demographic segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, Canada is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 274.1 million
Market revenue in 2027USD 1,032.8 million
Growth rate18% (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

Other key industry trends

  • In terms of revenue, the North America accounted for 35.1% of the global medical thermometer market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 37.1 million by 2027.

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Medical Thermometer Market Companies

Name Profile # Employees HQ Website

Global 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 60.01% in 2019. Horizon Databook has segmented the Global medical thermometer market based on pediatric, adults covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Medical Thermometer Patient Demographic Outlook (Revenue, USD million, 2016-2027)
    • Pediatric
    • Adults
  • Global Medical Thermometer Product Outlook (Revenue, USD million, 2016-2027)
    • Infra-red radiation thermometers
    • Digital thermometers
    • Others
  • Global 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 Global 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 global-level data and insights on the Global medical thermometer market, including forecasts for subscribers. This global databook contains high-level insights into Global medical thermometer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global medical thermometers market size, by regions, 2016-2027 (US$M)

Top 10 countries: Medical thermometers market size, 2019 (US$M)

Global medical thermometers market share, by patient demographic, 2019 & 2027 (%, US$M)

Medical thermometer market: Opportunity assessment by country

Global medical thermometer market, by region, 2019 (US$M)

Global medical thermometers market size, by regions, 2016-2027 (US$M)

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