Infrared Thermometer Market Analysis (2020-2027)
Infrared thermometers have many applications for monitoring various temperature functions. For instance, the infrared thermometer is useful for recording the temperature of patients in hospital without touching them. At the time of an epidemic or pandemic of diseases, which cause fever among the population, such as SARS coronavirus and Ebola virus disease, infrared thermometers are used to check arriving travelers for fever.
Global Infrared Thermometers Market – Impact of Coronavirus (Covid – 19) Pandemic
According to the Centers for Disease Control and Prevention (CDC), 2020, Ministries of Health of almost all the countries are focusing on the screening of travelers at the point – of – entry for coronavirus symptoms. The screening process can be carried out before they leave their place or country or after reaching their destination. The screening involves two stages: primary screening involves the checking of the obvious signs of illness such as measuring temperature of the travelers and taking information about travel and exposure history. Secondary screening involves screening tests conducted by healthcare professionals. Due to the importance of primary screening process, there will be an increase in demand for infrared thermometers, which is expected to drive growth of the market over the forecast period.
The global infrared thermometer market is estimated to be valued at US$ 11.43 million in 2020 and is expected to exhibit a CAGR of 7.1% during the forecast period (2020-2027).
Figure 1: Global Infrared Thermometer Market Share (%) Analysis, By Technology, 2020
Increasing product launches is expected to boost the global infrared thermometer market growth over the forecast period
For instance, on May 13, 2020, DetelPro launched its certified infrared thermometer, which comes with a digital sensor and has a temperature range of 32? – 42.99?, and accuracy of about +- 0.2 Celsius. This infrared thermometer is available at a price of US$ 40.1381 with a one year warranty. This device has no touch sensors, which helps in recording the temperature at a distance of 3-5 cm, thus avoiding cross contamination between the patients during this Covid -19 pandemic.
Different foundations in collaboration with the governments are providing help to the people by distributing necessary products during this Covid – 19 pandemic situation
For instance, on June 2, 2020, The United Nations Development Programme (UNDP) in Sri Lanka provided 10,000 surgical masks and 30 infrared thermometers to Disaster Management Centres (DMC) to keep the communities safe during the southwest monsoon amidst the COVID-19 outbreak. As per the recent weather forecast issued by the Metrological Department, the monsoon will affect the Western, Southern, Sabaragamuwa and North-Western Provinces in Sri Lanka. These are also the hot-spots for coronavirus infection. Thus, by distribution of face masks and infrared thermometers, the spread of this disease could be controlled. Such advancements by governments increase customer base, which is expected to drive growth of the global infrared thermometers market over the forecast period.
Global Infrared Thermometers Market – Restraints
Infrared thermometers can only record the surface temperature and not the internal temperature of food items. It has been observed that the functioning of infrared thermometer can be temporarily affected due to frost, moisture, dust, fog, smoke or other particles in the air. The readings of the infrared thermometer are not accurate. The accuracy can be increased by using the specialty meters which are accurate, but can be very expensive.
Global Infrared Thermometers Market – Regional Analysis
Asia Pacific region is expected to increase in the global infrared thermometers market growth, owing to increasing product launches in the region. For instance, on May 1, 2020, Segun Life, which is headquartered in India, launched an infrared thermometer gun. The device is available in the market at a price of US$ 66.9058. This infrared thermometer is equipped with the latest technology. It also has other features such as no-touch sensors, LED display for clear visibility, and others. It has built- in storage, which can store up to 99 sets of data. The device can record temperature from a distance of 1-3 cm, which helps in avoiding cross contamination, thus preventing transmission of infections among the population. Segun Life provides special discount of 10 -15% for hospitals, health workers, and doctors, in order to help them detect as well as monitor the Covid – 19 positive patients.
Various companies are engaged in expanding their business in different territories in order to make the products available to the population during the Covid – 19 pandemic. For instance, on January 26, 2020, Exergen Corporation, headquartered in the U.S, inaugurated new Exergen’s Medical Division in India. Exergen Medical will make available both the infrared thermometers, TAT-5000 and the TAT-2000, in the market for use in Indian hospitals and another infrared thermometer, TAT-2000C, for use by Indian consumers. These infrared thermometers will help in detecting as well as monitoring the Covid – 19 positive patients. Such strategies are expected to drive the global infrared thermometer market growth over the forecast period.
Figure 2: Global Infrared Thermometers Market, Value (US$ Mn) & Y-o-Y Growth (%), 2016-2027
Global Infrared Thermometers Market – Competitive landscape
Some of the key players operating in the global infrared thermometer market include Exergen Corporation., Ra Lifecare Pvt Ltd., OMRON Corporation, OMEGA Engineering inc., Morepen laboratories Limited, AMETEK Land (Land Instruments International), CP PLUS International, MGL Euman, Fluke Corporation, and SG Corporate Mobility Pvt Ltd.
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