Infrared Thermometer Market : size was valued at USD 346.61 Mn in 2022 and the total Infrared Thermometer Market revenue is expected to grow at 12.02% from 2023 to 2029, reaching nearly USD 767.21 Mn.
Infrared Thermometer Market Overview
The Infrared Thermometer Market has experienced rapid and significant growth in recent years, and experts predict that this trend will continue throughout the forecasted period from 2021 to 2029. This report aims to identify the key drivers fueling the growth of the Infrared Thermometer market and explore strategies to leverage these drivers as strengths. Additionally, it highlights the restraints that may impede market expansion, enabling you to proactively address and mitigate them before they pose significant challenges. Moreover, the report examines the opportunities emerging from external factors such as market changes and evolving consumer trends. Understanding these influential elements is crucial for maximizing the potential of the Infrared Thermometer market and capitalizing on favorable circumstances. Lastly, the report sheds light on the potential challenges that may arise in the Infrared Thermometer market landscape and offers effective approaches to overcome them.
Infrared Thermometer Market Scope
The Infrared Thermometer Market has witnessed rapid and substantial growth in recent years, and experts anticipate this positive trajectory to persist from 2021 to 2029. This report aims to identify the primary catalysts driving the expansion of the Infrared Thermometer market and propose strategies to leverage these drivers as strengths. It also emphasizes the constraints that could hinder market growth, providing an opportunity to proactively address and mitigate them before they pose significant obstacles. Furthermore, the report explores the potential opportunities arising from external factors such as market dynamics and evolving consumer trends. Understanding these influential factors is crucial for maximizing the potential of the Infrared Thermometer market and capitalizing on advantageous conditions. Lastly, the report sheds light on the possible challenges that may arise within the Infrared Thermometer market landscape and presents effective approaches to overcome them.
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Segmentation
There are two market groups based on application: medical and non-medical. The product utilization in medical applications is estimated to increase at the quickest CAGR of more than 13.2% throughout 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 of 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 organizations all around 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.
1 Global Infrared Thermometer Market, by Application (2021-2029)
Medical
Non-Medical
2 Global Infrared Thermometer Market, by Type (2021-2029)
Handheld Thermometer
Fixed-mount Thermometer
3 Global Infrared Thermometer Market, by End-User (2021-2029)
Healthcare industry
Food & Beverage industry
Automobile
Hospitality Industry
Others
4 Global Infrared Thermometer Market, by Component (2021-2029)
Optical Components
Electronics
Display and Control Units
Others
5 Global Infrared Thermometer Market, by Product Type (2021-2029)
Contact Thermometers
Non-contact Thermometers
Key Players
1. American Diagnostic Corporation(US)
2. FLIR(US)
3. Testo(US)
4. Cardinal Health(US)
5. Thermomedics, Inc.(US)
6. Exergen(US)
7. Welch Allyn – A Hill-Rom Inc. Company(US)
8. Electronic Temperature Instruments Ltd(UK)
9. PCE Instruments(UK)
10. Geratherm Medical AG(Germany)
11. PAUL HARTMANN AG(Germany)
12. Braun GmbH(Germany)
13. Microlife Corporation(Switzerland)
14. BPL Medical Technologies(Denmark)
15. Contec Medical Systems Co., Ltd.(China)
16. OMRON Corporation(Japan)
17. AMETEK Land(UK)
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Regional Analysis
The report offers a comprehensive analysis of the growth pattern of the global Infrared Thermometer Market. It focuses on the key regions that exert significant global influence, namely North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The report examines various essential indicators, such as consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis. These indicators play a crucial role in forecasting the Infrared Thermometer market for each country and provide valuable insights into its dynamics.
Key Questions answered in the Infrared Thermometer Market Report are:
What is Infrared Thermometer Market?
What is the forecast period of the Infrared Thermometer Market?
What is the competitive scenario of the Infrared Thermometer market?
Which region held the largest market share in the Infrared Thermometer Market?
What are the opportunities for the Infrared Thermometer Market?
What are the restraining factors in the Infrared Thermometer market?
Who are the key players of the Infrared Thermometer market?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Infrared Thermometer#
Landscape- Leading key players and other prominent key players.
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