Infrared Thermometer Market Overview
The report provides an analysis of the Infrared Thermometer market’s current and future market scenario, and provides insights and updates on the important sectors. The demand across the world, product manufacturing, income generation, and sales and revenue are all crucial research topics in the Infrared Thermometer Market. Two scenarios have been provided for a complete analysis of the Infrared Thermometer Market, including Infrared Thermometer sales in the forecast period.
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Infrared Thermometer Market Report Scope and Research Methodology
The Infrared Thermometer market report covers recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths and regional growth. In the regional and country sections of the Infrared Thermometer market analysis, factors and changes in market regulation that impact current and future market trends are also included in the report. PESTLE Analysis has been included to provide the micro and macro level factors influencing the Infrared Thermometer market.
Infrared Thermometer Market Regional Insights
The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.
Infrared Thermometer Market Dynamics:
A number of industry players are introducing Bluetooth non-contact infrared thermometers, which is expected to fuel market growth. For instance, in October 2020 Telepower Communication Co., Ltd. unveiled a Bluetooth non-contact infrared thermometer. The company developed a low-cost, high-performance wall mount for a non-contact infrared thermometer. It is therefore anticipated that this development will increase demand for non-contact infrared thermometers over the course of the forecast period. The COVID-19 outbreak has significantly increased the demand for non-contact infrared thermometers, growing the non-contact infrared thermometer market.
Infrared Thermometer Market Segmentation
There are two market segments based on application: medical and non-medical. The product usage in medical applications is anticipated to grow at the fastest CAGR of more than 13.2% during the forecasted period. Both the population and the variety of fever-producing illnesses may increase as a result of this. Additionally, it is anticipated that an increase in COVID-19 cases will fuel market expansion. For instance, according to the WHO, as of February 25, 2022, there were 43,12,574 confirmed cases of COVID-19 worldwide. Furthermore, regulatory organisations all over the world, including the U.S. FDA, support the use of products to measure a person's body temperature. As a result, there is an increase in demand for hospitals and clinics, which is promoting the growth of the medical industry.
Non-contact handheld and fixed-mount thermometers each have their own market niches based on type. The handheld type category is anticipated to grow at the fastest rate during the forecast period, with a market share of more than 74.2% in 2021. The segment is expected to grow due to the increase in acute illnesses and the increase in different infections that cause fever. For instance, there are now more people with yellow fever. According to the WHO, typhoid fever affects 21 million people annually worldwide. Similar to this, the CDC notes that 30,000 yellow fever cases are reported annually.
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Infrared Thermometer Market Key Players
•American Diagnostic Corporation(US)
• FLIR(US)
• Testo(US)
• Cardinal Health(US)
• Thermomedics, Inc.(US)
• Exergen(US)
• Welch Allyn – A Hill-Rom Inc. Company(US)
• Electronic Temperature Instruments Ltd(UK)
• PCE Instruments(UK)
• Geratherm Medical AG(Germany)
• PAUL HARTMANN AG(Germany)
• Braun GmbH(Germany)
• Microlife Corporation(Switzerland)
• BPL Medical Technologies(Denmark)
• Contec Medical Systems Co., Ltd.(China)
• OMRON Corporation(Japan)
• AMETEK Land(UK)
Key questions answered in the Infrared Thermometer Market are:
- What is the expected CAGR of the Infrared Thermometer market during the forecast period?
- What are the emerging trends in the Infrared Thermometer Market?
- What are the factors contributing to the final price of Infrared Thermometer ?
- What are the major challenges that the Infrared Thermometer Market could face in the future?
- Who held the largest market share in the Infrared Thermometer Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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