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Global Smart Thermometer Market Size, Share, Growth Opportunities, Market Scope Report, 2020-2027

The GMI Research predicts that the Smart Thermometer Market is experiencing an augmentation in demand over the forecast period. This is due to their escalating application in sophisticated and smart healthcare devices, increasing health consciousness among population and new product introduction.

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Introduction of the Smart Thermometer Market

Smart Thermometer refers to an electronic medical device used to measure the temperature of the food and body. The contactless thermometers are extensively used to detect the symptoms like body temperature of the people in the public and private places. These devices can be connected with Bluetooth wirelessly to smartphones and tablets which presents the temperature on the thermometer devices.

Key Players of the Market:

· Thermo Fisher Scientific, Inc

· Briggs Healthcare

· Electronic Temperature Instruments Ltd.

· Omron Corporation

· Microlife Corporation

· Opto Circuits Limited

· Koninklijke Philips N.V.

· citizen systems japan co.,ltd

· Welch Allyn

· Resideo Technologies, Inc.

· A&D COMPANY LIMITED

Smart Thermometer Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The crucial drivers stimulating the growth of the global smart thermometer market include the increasing integration of Internet of Things, artificial intelligence, and smart devices in the healthcare and medical industry, aggravating demand led by various beneficial features concerned with their usage and amplification in the usage of these thermometers in hotels and restaurants. For example, T-SMART a Singapore-based company, in March, 2021, introduced AI-powered non-contact temperature supervision devices named Trace-Temp1. Also, Rin fox one of the thermometer manufacturers planned to launch the World's Smallest Wearable Smart Thermometer for Temperature Monitoring up-to-the-minute with the introduction of Indiegogo Crowdfunding Campaign to create awareness among the people. WEECARE, the developer of the world's smallest temperature monitoring product, Temp Pal, declared that it broached $2.4 million in extended pre-series A financing. Also, TransLink Capital, a Silicon Valley-based venture capital firm with main emphasis on Asia, led the round of fundraising

Furthermore, the widespread and sudden outbreak of the coronavirus pandemic has bolstered the smart thermometer market size. This is because with the mounting cases of virus people thermometers to check the body temperature of the human being. In accordance to the world meter statistics, the infected cases touched over 140 million with 3 million deaths worldwide and are increasing at a rapid pace. Thus, this created a massive market demand to offer the body temperature conditions at checking points like railway stations, airports, bus stations and hotels to detect infected patients across the globe. However, inflated prices of sensors and variations in the raw material will curb the smart thermometer market share.

Smart Thermometer Market Segmentation:

Segmentation by Type

· Human Health

o Oral Thermometer

o Basel Thermometer

o Ear Thermometer

o Baby Thermometer

· Kitchen & Household

Segmentation by Product

· Mercury-Based Thermometers

· Mercury-Free Thermometers

Segmentation by Connectivity

· Wired

· Wireless

Segmentation by Distribution Channel

· Online

o Company-owned Websites

o E-commerce Websites

· Offline

o Medical Stores

o Specialty Stores

Segmentation by Application

· Food

· Medical and Hospitality

· Industrial

· Others

Segmentation by Region:

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· North America

o United States of America

o Canada

· RoW

o South Africa

o Brazil

o Saudi Arabia

o UAE

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GMI Research offers business insights and market research reports for small & medium enterprises and large organizations. Our team of analysts and industry experts conduct market intelligence studies to make sure that all fact-based research reaches a wide range of sectors such as FMCG, Technology, Energy, and Healthcare. The team collects information about the industry implementing both internal and external databases. Our prime emphasis is to acknowledge our clients with the emerging opportunities and challenges faced across different industries. Our step-by-step assistance through strategic and consulting services help clients reach a managerial and actionable decision. We at GMI Research organization make an effort to help business stay ahead of the line.

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