Global Infrared Thermometer Market Set for Rapid Growth, to reach Value USD 1,025.5 Million by 2026

Zion Market Research has published a new report titled “Infrared Thermometer Market by Product Type (In-ear, Forehand, and Others), and Application (Medical and Veterinary): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026” According to the report, global demand for infrared thermometer market was valued at approximately USD 474.2 Million in 2019, and is expected to generate revenue of around USD 1,025.5 Million by end of 2026, growing at a CAGR of around 11.8% between 2020 and 2026.

Infrared (IR) thermometers are used to measure temperature from a specific distance. The distance can vary from many miles to some inches. Infrared thermometers are very effective for use in conditions where other types of thermometers are not feasible to use. Infrared thermometers function on the principle known as black body radiation. Everything at a temperature above complete zero has particles inside of it flowing around. The greater the warmth, the rapid the particles move. The molecules release infrared radiation as they move. Infrared radiation a kind of electromagnetic radiation under the perceptible spectrum of light. As the particles get warmer, they release more infrared, and also start to emit perceptible light. That is the reason why heated metal glows red or sometimes white. The IR thermometers perceive and quantify this radiation.

Browse the full “Infrared Thermometer Market by Product Type (In-ear, Forehand, and Others), and Application (Medical and Veterinary): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026.” Report at https://www.zionmarketresearch.com/report/infrared-thermometer-market

Factors such as ease of usage, affordability, low requirement of training, increased demand due to frequent outbreaks of viral diseases, rising appeal for quick results due to time constraints, increased prevalence of chronic infections, possibility of disease spread from contact thermometers, and high usage among children will act as major driving factors in the growth of global infrared thermometer market. Rapid innovations and increasing applications will act as an opportunity for the market players in the infrared thermometer market. Nonetheless, low awareness of infrared thermometer in developing regions and discrepancies in supply of raw materials will restrict the growth of global infrared thermometer market.

The global infrared thermometer market has been split into product type, application, and region. Based on product type, infrared thermometer market has been segmented into in-ear, forehand, and others. The forehand segment accounted for the highest market share in 2019 due to need for quick temperature monitoring and safety of use in pandemic situations. The application segment has been segmented into medical and veterinary. The medical segment accounted for the highest market share in 2019.

Regionally, the infrared thermometer market is segmented into Asia Pacific, North America, Middle East & Africa, Latin America, and Europe. North America will be the leading region during the forecast period. Existence of leading companies manufacturing infrared thermometers and easy availability will boost the market growth in this region. Europe will be the second largest market. The major reasons are quick uptake of latest technologies and higher effect of pandemics like COVID-19. Asia Pacific will thrive at speedy rate over the forecast period due to need for temperature monitoring on a giant scale and high investment by local players in the healthcare sector. Latin America market will progress at a noteworthy rate during the estimate period. The Middle Eastern and African countries are expected to experience noticeable growth in the projected time-frame.

The report also includes detailed profiles of key players such as Omron, Contec, Mediaid, Braun, Bioseb, Vivehealth, Greatfarm, Microlife, iSnow Med, and Hartmann among others.

This report segments the Global Infrared Thermometer Market as follows:

Global Infrared Thermometer Market: By Product Type

• In-ear
• Forehand
• Others

Global Infrared Thermometer Market: By Application

• Medical
• Veterinary

Global Infrared Thermometer Market: By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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