Friday, October 16th, 2020 - Future Market Insights

As the number of COVID-19 cases continue to grow, the healthcare industry is investing in the acquisition of appropriate tools and equipment to track and prevent the spread of the virus. Consequently, the demand for temperature detection screens and scanners has gone up dramatically. The continuing impact of the pandemic is driving the need for temperature monitoring equipment to improve logistics and prevent morbidity and mortality, fostering the prospects of temperature detection screens.

The global temperature detection screens market is set to hit a valuation of US$ 1 Bn by the end of 2021, whereas will witness a steady growth outlook in long term, during 2020 – 2030, says a new Future Market Insights (FMI) report. However, manufacturers are experiencing an influx of opportunities amid the pandemic in line with increasing healthcare and life science applications. Non-contact temperature screening procedures allow for easier monitoring of patients, while helping healthcare professionals to avoid the risk of infection, states the FMI report.

Demand for Portable/Handheld Temperature Detection Screens to Surge

Portable/handheld temperature detection screens are witnessing a notable surge in demand from commercial, government and healthcare organizations in efforts to contain the spread of the coronavirus outbreak. Portable variants are expected to display double the CAGR of fixed or mounted temperature detection screens. The trend of growth is likely to continue even after the pandemic subsides, albeit at a slower rate. Consequently, manufacturers are leveraging current opportunities, by ramping up production to meet demand.

“With frequent improvements in infrared imaging, low-cost devices and temperature detection screens are being used for reconnaissance and military surveillance applications. However, the demand for security and surveillance applications in public and private spaces is rising, supporting the adoption of thermal cameras and scanners. These trends are likely to create the new growth opportunities in the temperature detection screens market,” says the FMI analyst.

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Europe to Remain at the Forefront of Revenue Generation

Europe has rapidly become one of the key markets for temperature detection screens, as countries such as countries such as Italy, Spain, France, and Germany, who are witnessing significant increases in COVID-19 infections, which is encouraging the governments to procure temperature detection screens through the forecast period.

The demand for such devices is likely to continue well into the future until a pharmacological treatment for the virus is developed. This has generated an urgent requirement for increasing the production of temperature detection screens in the region. The Asia Pacific will also display a strong growth rate with the rising numbers of healthcare facilities and health concerns.

The FMI study offers near- and long-term growth outlook of the temperature detection screen market. Gain access to FMI’s exclusive COVID-19 tracker here.

Table Of Content

  1. COVID-19 Impact on Temperature Detection Screen Market
  2. Executive Summary
  3. Market Overview
  4. Key Success Factors
  5. Global Temperature Detection Screen Market Demand (in Value or Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030
  6. Market Background
  7. Global Temperature Detection Screen Market Analysis 2015-2019 and Forecast 2020-2030, by Product

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Temperature Detection Screen Market to Enter Billion-dollar Club in 2021; Notable Demand Upsurge Projected in Light of Rising COVID-19 Caseloads, Says FMI Study




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