Allied Market Research recently published a report, Digital Thermometer Market by Product Type (Oral thermometer, Digital ear thermometer, Forehead thermometer, App-based thermometer, Others), by Interface (Contact, Contact free), by Sensor Type (Resistance Temperature Detector, Thermocouple, Thermistor), by End Use Verticals (Residential, Commercial, Industrial, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”. The recent technological advancements and launch of new products have a significant influence on the growth. The report includes a detailed analysis of the market trends, major driving factors, prime market players, and top investment pockets. It is vital for new market entrants, stakeholders, and shareholders to make informed decisions about their investments. The report includes a comprehensive analysis of market dynamics such as drivers, restraints, and opportunities.
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The global digital thermometer market was valued at $757.81 million in 2021, and is projected to reach $1.3 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
The report includes an overview of the market along with a SWOT analysis of key market players and Porter’s Five analysis to understand their market presence. Moreover, the report offers financial analysis, portfolio analysis, and business overview of the companies which helps stakeholders understand the long-term profitability of the industry. The report includes the latest market developments such as new product launches, partnerships, expansions, and mergers & acquisitions.
The report includes a detailed analysis of the dynamic factors such as drivers, restraints, challenges, and opportunities. The drivers and opportunities help to comprehend the rapidly changing industry trends and how they can impact the growth of the market. Moreover, the challenges and restraints analyzed in the report help recognize profitable market investments. The global Digital Thermometer market report provides quantitative and qualitative analysis of the market from 2021 to 2030. The qualitative study focuses on the value chain analysis, key regulations, and pain point analysis.
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The report covers the qualitative and quantitative study of historic and forecast periods along with insights on recent market developments and business strategies. The report offers a detailed summary, ongoing market trends, and future estimations to help new market entrants formulate profitable business strategies.
Apart from this, the report includes several tools that establish market growth. The SWOT analysis offers a detailed understanding of the key determinants of market growth, which is essential for recognizing the upcoming opportunities in the market. Moreover, the market report includes Pestel analysis that offers industry-related data and information in tabular format. This information is essential to understand positive and negative attributes that can affect the global Digital Thermometer market. In addition, the report includes Porter’s Five analysis to focus on those factors that may benefit the company in the long run.
The global Digital Thermometer market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.
Key Segments:
By End Use Verticals
Residential
Commercial
Industrial
Healthcare
Others
By Product Type
Oral thermometer
Digital ear thermometer
Forehead thermometer
App-based thermometer
Others
By Interface
Contact
Contact free
By Sensor Type
Thermistor
Resistance Temperature Detector
Thermocouple
The Digital Thermometer industry is studied based on geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to devise business strategies and how to react to new lucrative opportunities.
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COVID-19 Scenario Analysis
The Covid-19 pandemic had an unprecedented impact on the growth of the global Digital Thermometer market. The country-wide lockdown in Europe and Asia and ban on international travel have disrupted the supply chain and revenue chain. The report offers a detailed analysis of the Covid-19 pandemic and its effect on the growth of the global Digital Thermometer market.
The Digital Thermometer market report offers an in-depth analysis of the 10 prime market players that are active in the market. Moreover, it provides their thorough financial analysis, business strategies, SWOT profile, business overview, and recently launched products & services. In addition, the report offers recent market developments such as market expansion, mergers & acquisitions, and partnerships & collaborations. The prime market players studied in the report are A&D Medical (A&D Company, Limited), Actherm Inc. (FORTECHGRP CO., LTD.), AMETEK Land (Land Instruments International Ltd), EXTECH (Teledyne FLIR), Fairhaven Health, Omega Engineering Inc. (Spectris plc), OMRON Healthcare Inc., PCE Holding GmbH, RG Medical Diagnostics and Terumo Corporation.
The report offers an extensive analysis of drivers and opportunities, key segments, top investment pockets, competitive landscape, and value chain. These data, statistics, and insights will prove to be helpful for market players, shareholders, new entrants, and investors to avail information about the market and adopt various strategies for growth.
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