Project Report For Digital Thermometer
Project report for Digital Thermometer is as follows.
The worldwide thermometer market was worth USD 1.19 billion in 2020, and it is predicted to increase at an annual pace of 8.5 per cent between 2021 and 2028. The market is likely to be driven by a growth in the incidence of infectious illnesses and other medical disorders, such as malaria and dengue fever, as well as increased awareness of the necessity of body temperature monitoring.
Furthermore, the market is growing due to the rising use of such devices in temperature monitoring for industrial, medical, laboratory, and imaging uses. The rise in the number of medical illnesses requiring reliable body temperature readings to evaluate treatment options, such as malaria, dengue fever, and swine flu, is a primary driver of market expansion.
Per the Centers for Disease Control and Prevention (CDC), around 2,000 cases of malaria are detected in the United States each year. Furthermore, according to the same source, infectious and parasitic disorders represent the major diagnosis in approximately 15.5 million hospital visits in the United States. Furthermore, the WHO African area had the largest malaria burden in 2018, with over 200 million cases, followed by the WHO South-East Asian and Mediterranean regions. Unmet medical demands, a lack of cleanliness, and a consequent increase in the target population in these areas are likely to drive up thermometer demand.
Furthermore, growing patient awareness and increasing health consciousness are two important drivers driving market expansion. Companies like Nexcare and Terumo Corporation have produced portable goods to meet the increased need for self-health care.
These products are user-friendly and maybe simply adopted by any patient. Furthermore, the market is predicted to rise as healthcare practitioners become increasingly reliant on thermometers to assess patients’ health conditions. Other end-users, such as the pharmaceutical, food, and chemical sectors, are becoming more aware. In many businesses, maintaining particular temperatures at different phases of product development is a must. Over the projected period, these factors are expected to support market growth.
Market potential & Strategy
Digital thermometers are temperature-sensing devices that are small, simple to use, contain permanent probes, and have a digital display. The kind of sensor in a digital thermometer determines how it functions. Resistance temperature detectors (RTDs), thermistors, and thermocouples are examples of sensor types.
Throughout the projected period, the market is expected to develop at a faster pace due to rapid technological breakthroughs and the launch of novel products. Exergen Corporation’s temporal thermometer TAT-2000C may be used to assess body temperature by rolling it over a child’s brow.
Additionally, the Adtemp 429 thermometer from American Diagnostics Corporation (ADC) monitors temperature without requiring skin contact, reducing the danger of cross-contamination. As a result, the market is expected to be driven by increased demand for easy-to-use, accurate, and quick thermometers.
To minimise contamination and deterioration of food and drinks, the food sector is increasingly employing digital thermometers to monitor temperatures. TEL-TRU, for example, provides a comprehensive choice of NSF-certified food testing, poultry/meat, and barbecue thermometers, which aid in the preservation of temperature-sensitive foods. The digital thermometer market is likely to develop as a result of this.
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