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 research includes a comprehensive analysis of the key competitors as well as pricing analysis, strategies, micro and macro market trends and scenarios, short-term market conditions, and market conditions. It is easier to understand the market potential for graphene nanoplatelets in each nation thanks to the report's geographic insights.
Infrared Thermometer Market Report Scope and Research Methodology:
An in-depth understanding of the industry trends, dynamics, geographical insights, competitive landscape, and list of major competitors is provided by the Infrared Thermometer Market report. The important trends that are most likely to have an impact on the industry in the near future are examined in the research study on the sunglasses market. The competitive environment of the Indian fertiliser sector and its influencing elements are identified using this data.
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Infrared Thermometer Market Regional Insights:
The report is divided geographically into a number of nations, including those in North America (the United States, Canada, and Mexico), Europe (the UK), Asia Pacific (China, India, Japan, Australia, South Korea, and ASEAN Countries), South America (Brazil), the Middle East, and Africa.lysis.
Infrared Thermometer Market Segmentation:
Based on Application, there are two market segments: medical and non-medical. During the projected period, the fastest CAGR of more than 13.2% is anticipated to grow for product usage in medical applications. This can lead to growth in the population as well as a rise in the number of different illnesses that cause fever. Additionally, a rise in COVID-19 instances is predicted to propel market expansion. For instance, the WHO reports that there were 43,12,574 confirmed cases of COVID-19 worldwide as of February 25, 2022. Furthermore, product usage to measure a person's temperature is being encouraged by regulatory bodies all around the world, including the U.S. FDA. As a result, hospitals and clinics are now more in demand, which is assisting the medical sector's expansion.
Based on Type, Non-contact handheld and fixed-mount thermometers have their own market segments. With a market share of more than 74.2% in 2022, the handheld type category is expected to grow at the quickest rate during the forecast period. The segment is anticipated to rise as a result of the rising incidence of acute illnesses and the rising incidences of various infections that cause fever. For instance, the number of persons who have yellow fever has increased. Typhoid fever is thought to impact 21 million people annually worldwide, according to the WHO. Similar to this, the CDC reports that there are 30,000 cases of yellow fever each year.
Based on End-User, The healthcare sector, which had the largest proportion of the economy at 42.2% in 2022, is predicted to experience the fastest CAGR between 2022 and 2030. The second-largest end-use sector, hospitality, has seen growth due to an increase in the number of cafes, take-out shops, bakeries and cafes around the world. For instance, the Office of National Statistics in the UK estimates that there are 125,400 cafés, bakeries, and restaurants in the country as a whole.
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Infrared Thermometer Market Key Players:
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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Key questions answered in the Infrared Thermometer Market are:
What is the expected Infrared Thermometer Market size by the end of the forecast period?
What are the upcoming industry applications and trends for the Infrared Thermometer Market ?
What are the factors contributing to the final price of Infrared Thermometer Market ?
What are the recent industry trends that can be implemented to generate additional revenue streams for Infrared Thermometer Market ?
How is the intervention from regulatory authority is shaping the Infrared Thermometer Market ?
What growth strategies are the players considering to increase their presence in Infrared Thermometer Market ?
Who are the leading companies and what are their portfolios in Infrared Thermometer Market ?
Who held the largest market share in Infrared Thermometer Market ?
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 | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- 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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