Infrared Thermometer Market Overview :
Maximize Market Research, a leading firm, has published a comprehensive report on the Infrared Thermometer Market. The report provides an overview of the market, including its scope, research methodology, gross profit margin, cost market share, market capability, and supply and demand analysis. This data helps identify key drivers that impact market growth. The report also highlights key industries and presents widely available data.
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Infrared Thermometer Market Scope :
The Infrared Thermometer market heavily relies on pictorial, graphical, and numerical data, which are analyzed and presented comprehensively within the market scope. The scope of the report showcases various opportunities and mediums for market analysis. Primary data refers to authentic information obtained from reliable sources, while secondary data consists of existing information used for research, analysis, and decision-making purposes. The report includes an in-depth analysis of the Infrared Thermometer market and its segmentation. It also provides a regional analysis of market dynamics, enabling investors and readers to compare past and current market trends. SWOT analysis is performed to identify market strengths and weaknesses, while PESTLE analysis is conducted to understand the business direction, growth targets, and upcoming risks. The report also covers current market trends and provides forecasts for the upcoming years.
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Infrared Thermometer Market Segmentation :
There are two market groups based on application: medical and non-medical. The product utilisation 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 organisations 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.
Non-contact handheld and fixed-mount thermometers each have their own market niches based on type. The portable type category is anticipated to develop at the fastest rate during the projection period, with a market share of more than 74.2% in 2022. The segment is expected to grow because to the increase in acute illnesses and the increase in different infections that induce 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.
based on the end user, The fastest CAGR is anticipated to occur in the healthcare sector between 2022 and 2030, which had the greatest share of the GDP at 42.2% in 2022. Due to an expansion in the number of bakeries, cafes, take-out joints, and cafes around the world, the second-largest end-use industry, hospitality, has experienced growth. For instance, according to the UK's Office of National Statistics, there are 125,400 cafes, bakeries, and restaurants nationwide.
Infrared Thermometer Market, by Application (2021-2029)
• Medical
• Non-Medical
Infrared Thermometer Market, by Type (2021-2029)
• Handheld Thermometer
• Fixed-mount Thermometer
Infrared Thermometer Market, by End-User (2021-2029)
• Healthcare industry
• Food & Beverage industry
• Automobile
• Hospitality Industry
• Others
Infrared Thermometer Market, by Component (2021-2029)
• Optical Components
• Electronics
• Display and Control Units
• Others
Infrared Thermometer Market, by Product Type (2021-2029)
• Contact Thermometers
• Non-contact Thermometers
Infrared Thermometer Market 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 emphasizes Infrared Thermometer market strategy and planning through regional analysis. This analysis incorporates various techniques and tactics to enhance understanding. Regional analysis continuously monitors business growth and helps target clients, thereby impacting regional business or market. The report presents different levels of data for regional perspectives, including competitiveness, market pricing, quantity, and quality.
Key Questions Answered in the Infrared Thermometer Market Report:
- What is the definition of the Infrared Thermometer Market?
- What is the forecast period for the Infrared Thermometer Market?
- What is the competitive scenario of the Infrared Thermometer market?
- Which region holds the largest market share in the Infrared Thermometer Market?
- What are the opportunities for the Infrared Thermometer Market?
- What factors are affecting the growth of the Infrared Thermometer market?
- Who are the key players in the Infrared Thermometer market?
- Which company holds the largest share in the Infrared Thermometer market?
- What will be the compound annual growth rate (CAGR) of the Infrared Thermometer market during the forecast period?
- What key trends are likely to emerge in the Infrared Thermometer market in the coming years?
Key Offerings:
- Market Share, Size, and Revenue Forecast | 2023-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Infrared Thermometer
- Landscape: Leading key players and other prominent participants.
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