Product Code: GVR-4-68040-121-1
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.
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
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.3.5. Details of Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.5.1. Commodity Flow Analysis
- 1.5.1.1. Approach 1: Commodity flow approach
- 1.6. Data Validation & Publishing
- 1.7. Global Market: CAGR Calculation
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Trends and Outlook
- 3.3. Market Dynamics
- 3.4. Market Restraint Analysis
- 3.5. Business Environment Analysis
- 3.5.1. SWOT Analysis; By Factor (Political & Legal, Economic and Technological)
- 3.5.2. Porter's Five Forces Analysis
- 3.6. COVID-19 Impact Analysis
Chapter 4. Type Business Analysis
- 4.1. Mercury Thermometer Market, By Application: Key Takeaways
- 4.2. Mercury Thermometer Market: Application Movement & Market Share Analysis, 2022 & 2030
- 4.3. Medical
- 4.3.1. Global Medical Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Industrial
- 4.4.1. Global Industrial Mercury Thermometer Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Food
- 4.5.1. Global Food Mercury Thermometer Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Laboratory
- 4.6.1. Global Laboratory Mercury Thermometer Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Others
- 4.7.1. Global Others Mercury Thermometer Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Regional Business Analysis
- 5.1. Regional Market Snapshot
- 5.2. Market Share Analysis by Country, 2022
- 5.2.1. North America
- 5.2.2. Europe
- 5.2.3. Asia Pacific
- 5.2.4. Latin America
- 5.2.5. MEA
- 5.3. North America
- 5.3.1. North America Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.3.2. U.S.
- 5.3.2.1. U.S. Mercury Thermometer Market, 2018 - 2030 (USD MILLION)
- 5.3.3. Canada
- 5.3.3.1. Canada Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4. Europe
- 5.4.1. Europe Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.2. Germany
- 5.4.2.1. Germany Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.3. UK
- 5.4.3.1. UK Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.4. France
- 5.4.4.1. France Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.5. Italy
- 5.4.5.1. Italy Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.6. Spain
- 5.4.6.1. Spain Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.7. Denmark
- 5.4.7.1. Denmark Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.8. Sweden
- 5.4.8.1. Sweden Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.4.9. Norway
- 5.4.9.1. Norway Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Asia Pacific Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.2. Japan
- 5.5.2.1. Japan Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.3. China
- 5.5.3.1. China Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.4. India
- 5.5.4.1. India Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.5. South Korea
- 5.5.5.1. South Korea Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.6. Australia
- 5.5.6.1. Australia Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.5.7. Thailand
- 5.5.7.1. Thailand Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.6. Latin America
- 5.6.1. Latin America Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.6.2. Brazil
- 5.6.2.1. Brazil Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.6.3. Mexico
- 5.6.3.1. Mexico Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.6.4. Argentina
- 5.6.4.1. Argentina Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.7. MEA
- 5.7.1. MEA Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.7.2. South Africa
- 5.7.2.1. South Africa Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.7.3. Saudi Arabia
- 5.7.3.1. Saudi Arabia Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.7.4. UAE
- 5.7.4.1. UAE Mercury Thermometer Market, 2018 - 2030 (USD Million)
- 5.7.5. Kuwait
- 5.7.5.1. Kuwait Mercury Thermometer Market, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Company Categorization
- 6.2. Strategy Mapping
- 6.3. Company Profiles/Listing
- 6.3.1. Medtronic
- 6.3.1.1. Overview
- 6.3.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.1.3. Product Benchmarking
- 6.3.1.4. Strategic Initiatives
- 6.3.2. Terumo Medical
- 6.3.2.1. Overview
- 6.3.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.2.3. Product Benchmarking
- 6.3.2.4. Strategic Initiatives
- 6.3.3. Boston Scientific Inc.
- 6.3.3.1. Overview
- 6.3.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.3.3. Product Benchmarking
- 6.3.3.4. Strategic Initiatives
- 6.3.4. Medline Industries, Inc
- 6.3.4.1. Overview
- 6.3.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.4.3. Product Benchmarking
- 6.3.4.4. Strategic Initiatives
- 6.3.5. 3M
- 6.3.5.1. Overview
- 6.3.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.5.3. Product Benchmarking
- 6.3.5.4. Strategic Initiatives
- 6.3.6. Welch Allyn
- 6.3.6.1. Overview
- 6.3.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.6.3. Product Benchmarking
- 6.3.6.4. Strategic Initiatives
- 6.3.7. Thermo Fisher Scientific Inc
- 6.3.7.1. Overview
- 6.3.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.7.3. Product Benchmarking
- 6.3.7.4. Strategic Initiatives
- 6.3.8. Thomas Scientific
- 6.3.8.1. Company Overview
- 6.3.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.8.3. Platform Benchmarking
- 6.3.8.4. Strategic Initiatives
- 6.3.9. Heathrow Scientific, LLC
- 6.3.9.1. Company Overview
- 6.3.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.9.3. Platform Benchmarking
- 6.3.9.4. Strategic Initiatives
- 6.3.10. DWK Life Sciences
- 6.3.10.1. Company Overview
- 6.3.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.10.3. Platform Benchmarking
- 6.3.10.4. Strategic Initiatives
- 6.3.11. Geratherm Medical AG
- 6.3.11.1. Company Overview
- 6.3.11.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.11.3. Platform Benchmarking
- 6.3.11.4. Strategic Initiatives
- 6.3.12. Microlife Corporation
- 6.3.12.1. Company Overview
- 6.3.12.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 6.3.12.3. Platform Benchmarking
- 6.3.12.4. Strategic Initiatives