The global digital thermometer market size was US$ 757.8 billion in 2021. The global digital thermometer market size is estimated to reach US$ 1237.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2022 to 2030.
A digital thermometer is a temperature-measuring device. It is used to verify the successful calibration of the smart temperature transmitter and the smart temperature transmitter under flowing conditions. Further, digital thermometers are used in industry and at home, in applications including food preparation, manufacturing, medical & scientific testing, and procedures.
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Factors Affecting Marketing Growth
The growth in demand for mercury-free thermometers drives the growth of the global market.
Lack of awareness of the use of digital thermometers in emerging nations is one of the prime factors hindering the growth of the global market.
The increase in several initiatives from governments and institutions associated with enhancing medical/healthcare infrastructure at the regional and global levels drives the growth of the global market.
Impact on COVID-19 Analysis
The COVID-19 outbreak had significantly increased the growth of the global digital thermometer market, due to constant checks on patients temperature in hospitals and contact-less temperature checks during travel. Considering the inputs of various industry experts globally, the third wave of the COVID-19 pandemic significantly boosted the growth of the digital thermometer market across countries. However, the growth in demand for mercury-free thermometers globally is expected to drive the growth of the global market. Thus, COVID-19 had a positive impact on the growth of the global market.
Regional Analysis
Asia-Pacific remains a significant participant in the global digital thermometer industry. Major organizations and government institutions in emerging countries are intensely putting resources into technology to drive the growth of the global market in the region.
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Leading Competitors
The prominent players in the global digital thermometer market are:
Fairhaven Health
Extech Instruments
Terumo Corporation
RG Medical Diagnostics
PCE Holding GmbH
OMRON Healthcare Inc
AMETEK Land
Omega Engineering
Actherm Inc
A&D Medical
Others
Segmentation Analysis
The global digital thermometer market segmentation focuses on End Use Verticals, Product Types, Interface, Sensor Type, and Regions.
Segmentation on the basis of End Use Verticals
Residential
Commercial
Industrial
Healthcare
Others
Segmentation on the basis of Product Types
App-based thermometer
Oral thermometer
Digital ear thermometer
Forehead thermometer
Others
Segmentation on the basis of Interface
Contact
Contact free
Segmentation on the basis of Sensor Type
Resistance Temperature Detector
Thermocouple
Thermistor
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Digital Thermometer market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Digital Thermometer market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Digital Thermometer market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Digital Thermometer business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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