Press release
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 Report Scope:The research aims to provide an insightful analysis of the Infrared Thermometer Market, encompassing recent, ongoing, and predicted future changes. The study simplifies complex data, catering to new entrants, industry leaders, and followers. By incorporating PORTER and PESTEL analyses, the report offers an understanding of microeconomic market elements. This comprehensive analysis enables decision-makers to gain a clear perspective on the market's trajectory by considering internal and external variables.
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Infrared Thermometer Market Research Methodology:
The market research follows a meticulous approach, employing a bottom-up data collection method to estimate market size by countries. In-depth analysis of market drivers and restraints at local, regional, and global levels was conducted, utilizing primary and secondary data collection methods. Interviews with industry representatives and stakeholders were conducted to gain insights into market dynamics.
What are Infrared Thermometer Market Dynamics:
An infrared thermometer, which is used to measure temperature at a distance, is also known as a laser thermometer. Both direct and indirect uses of infrared thermometers are possible. These assist in monitoring surface temperature for industrial appliances. Only a few of the key applications that have aided the infrared thermometer's commercial success are its dependability, linearity, cost-effectiveness, and many other attributes.
Infrared Thermometer Market Regional Insights:
North America dominated the market in 2022, driven by a robust population base and prominent businesses. Asia Pacific is expected to experience rapid growth due to changing lifestyles and an increase in acute diseases.
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What is Infrared Thermometer Market Segmentation:
by Application
Medical
Non-Medical
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.
Who are 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)
Table of content for the Infrared Thermometer Market includes:
Global Infrared Thermometer Market: Research Methodology
Global Infrared Thermometer Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Infrared Thermometer Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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