Mercury Thermometer Market To Reach $564.24 Million By 2030

Mercury Thermometer Market Growth & Trends

The global mercury thermometer market size is expected to reach USD 564.24 million by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 1.7% over the forecast period. The market's growth can be attributed to the increasing adoption of these devices for temperature monitoring across diverse sectors such as manufacturing, medical, laboratory, and imaging. One of the major factors contributing to this market's growth is the rising demand for accurate temperature measurements in different industries.

In the medical sector, precise body temperature measurement has become crucial for determining appropriate treatment options. This is especially relevant for infectious diseases where high fever is a distinctive symptom, making body temperature measurement a primary diagnostic tool for many infections. According to data published in 2022 from MedAlertHelp, it is estimated that 5–20 percent of Americans contract influenza each year. This underscores the ongoing requirement for precise diagnostic tools due to the prevalence of infectious diseases.

Furthermore, the outbreak of the COVID-19 pandemic has significantly impacted the growth of the market for mercury thermometer. The virus's characteristic symptom of fever has increased demand for medical thermometers to monitor body temperatures, especially in COVID-19-infected patients. As a result, the pandemic has driven the need for more temperature measurement devices in both medical and non-medical settings.

The COVID-19 pandemic has also accelerated innovation in thermometer technology. The demand for contactless and rapid temperature measurement methods led to the development of innovative thermometers, including infrared and digital models. These advancements addressed the pandemic's immediate needs, which negatively impacted the overall growth of the mercury thermometer industry.

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Mercury Thermometer Market Report Highlights

• In 2022, the medical segment dominated with a 28.22% market share. This growth is driven by the need for accurate temperature measurement in diagnosing various illnesses, including infectious diseases like dengue. WHO reported a rise in global dengue cases, boosting demand for mercury thermometers and driving market growth

• In 2022, North America took the lead with a 34.69% market share. This growth is fueled by well-established key players, a notable infectious disease rate, expanding R&D, technological advancements, and a growing individual focus on self-care. The U.S. commands the largest share of this region due to supportive healthcare policies, a substantial patient population, and a well-established healthcare market

• Industrial mercury thermometer is projected to register the fastest CAGR of 2.0% during the forecast period

Mercury Thermometer Market Segmentation

Grand View Research has segmented the global mercury thermometer market based on application and region:

Mercury Thermometer Application Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Medical

• Industrial

• Food

• Laboratory

• Others

Mercury Thermometer Regional Scope Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Mercury Thermometer Market

• Medline Industries, Inc.

• 3M

• Welch Allyn

• Thermo Fisher Scientific Inc.

• Thomas Scientific

• Heathrow Scientific, LLC 

• DWK Life Sciences

• Geratherm Medical AG

• Medtronic             

• Terumo Medical               

• Microlife Corporation