InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled “ Global Non-Contact Thermometer Market- Industry Outlook and Competitive Analysis 2030″
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Non-contact thermometers can measure the temperature by keeping a 10-15 cm distance from the forehead. These devices show instant results or records on the led display provided. The demand for the non-contact thermometer is increasing rapidly owing to the rising number of infectious diseases and life-threatening outbreaks. They are considered a comfortable, reliable, and accurate option to measure body temperatures, especially for paediatrics. The forehead thermometer segment accounted for a significant share of the global non-contact thermometers market.
The increase in certain medical conditions, such as malaria, dengue, and swine flu, which require precise measurements of body temperature to determine the treatment line, is projected to boost the market growth. Moreover, the current outbreak of COVID-19 is one of the major factors driving the demand for non-contact thermometers. Hygiene and safety measurements guided by the government will fuel market development. In addition, technological investments and advancements will continue to upgrade the devices and hence the market. In 2019, Hill-Rom Expanded Digital Health Capabilities in New Global Collaboration with Microsoft. The partnership will assist doctors in identifying, communicating, and mitigating patient risk in real-time, supporting goal of connected care to address consumer concerns and improve patient outcomes.
The high cost of quality thermometers will likely hamper the market. Software advancement and AI usage with accurate readings at affordable prices are significant challenges for the non-contact thermometers market.
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The global market is seeing mergers and acquisitions as well as strategic alliances such as investing in cutting-edge technologies to obtain significant opportunities during the forecast period.
- In Dec 2021, Baxter Acquired Hillrom, Creating a $15 Billion Global Leader in the Medtech Industry. The merger joins two industry-leading medtech companies with a common goal of improving healthcare and increasing patient care worldwide. Baxter today provides daily assistance for millions of patients in homes, physician offices, ambulatory care centres, and practically all hospital departments.
- In Nov 2021, Herbrechtingen’s industrial facility received an investment of 40 million euros from the HARTMANN GROUP between 2021 and 2023. New manufacturing lines and infrastructure upgrades will cost 20 million euros each, with the rest going toward the expansion of current facilities and infrastructure.
- In Mar 2018, ACCUMED, the premier revenue cycle management company serving healthcare providers in the GCC, was acquired by Gulf Capital, which now holds a controlling stake in the company. A post-acquisition firm will keep its current management team in place and continue providing services while searching for essential executives to join the team and help it grow.
Some of the market players leading the global non-contact thermometer market include Welch Allyn – A Hill-Rom Inc. Company, Cardinal Health (Medtronic), A&D Medical Manufacturers, Exergen Corporation, PAUL HARTMANN AG, BPL Medical Technologies, Microlife Corporation, Contec Medical Systems Co., Ltd., Geratherm Medical AG, OMRON Corporation, Braun GmbH, AccuMed, American Diagnostic Corporation, Briggs Healthcare, Eco4US, Equinox, Koogeek, Metene, Guangzhou Berrcom Medical Device Co. Ltd., Microlife, Occobaby, Preve Precision, TempIR, Puruizt, Relief care, Tecnimed, and Thermomedics Inc. among others.
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