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Global Thermometer Market (2022-2027) by Product Type, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 182 Pages
  • May 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635864

Smart thermometer aims to predict next NYC virus outbreak

The Global Thermometer Market is estimated to be USD 1.46 Bn in 2022 and is expected to reach USD 2.24 Bn by 2027, growing at a CAGR of 8.9%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Thermometer Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Thermometer Market is segmented based on Product Type, End User, and Geography.
  • By Product Type, the market is classified into Mercury-based and Mercury-free.
  • By End User, the market is classified into Medical, Industrial, Food, Laboratory, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M, A&D Medical, Actherm, America Diagnostics, Briggs Healthcare, Citizen Systems, Exergen, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Thermometer Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Thermometer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Thermometer Market

What is the estimated value of the Global Thermometer Market?

The Global Thermometer Market was estimated to be valued at $1.46 Billion in 2022.

What is the growth rate of the Global Thermometer Market?

The growth rate of the Global Thermometer Market is 8.9%, with an estimated value of $2.24 Billion by 2027.

What is the forecasted size of the Global Thermometer Market?

The Global Thermometer Market is estimated to be worth $2.24 Billion by 2027.

Who are the key companies in the Global Thermometer Market?

Key companies in the Global Thermometer Market include 3M, A&D Medical, Actherm, America Diagnostics, Briggs Healthcare, Citizen Systems, Exergen, Fairhaven Health, Medline Industries and Medtronic.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Infectious Disease
4.1.2 Rise in Health Conciousness
4.2 Restraints
4.2.1 Stringent Governing Policies by Healthcare Regulatory
4.2.2 Accuracy Issues with Infrared Thermometer
4.3 Opportunities
4.3.1 Rising R&D Investments in Temperature Monitoring Devices
4.3.2 Boosting Adoption of Thermometer During Rapid Spread of Coronavirus
4.4 Challenges
4.4.1 Limitation of Infrared Thermometers in Crowd Screening
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Thermometer Market, By Product Type
6.1 Introduction
6.2 Mercury-based
6.3 Mercury-free
6.3.1 Infrared
6.3.2 Digital
7 Global Thermometer Market, By End User
7.1 Introduction
7.2 Medical
7.3 Industrial
7.4 Food
7.5 Laboratory
7.6 Others
8 Americas’ Thermometer Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe’s Thermometer Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa’s Thermometer Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC’s Thermometer Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 3M
13.2 A&D Medical
13.3 Actherm
13.4 America Diagnostics
13.5 Briggs Healthcare
13.6 Citizen Systems
13.7 Exergen
13.8 Fairhaven Health
13.9 Medline Industries
13.10 Medtronic
13.11 Microlife
13.12 OMRON Healthcare
13.13 Radiant Innovation
13.14 RG Medical Diagnostics
13.15 Terumo
13.16 Welch Allyn
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • 3M
  • A&D Medical
  • Actherm
  • America Diagnostics
  • Briggs Healthcare
  • Citizen Systems
  • Exergen
  • Fairhaven Health
  • Medline Industries
  • Medtronic
  • Microlife
  • OMRON Healthcare
  • Radiant Innovation
  • RG Medical Diagnostics
  • Terumo
  • Welch Allyn