ASIA-PACIFIC THERMOMETER MARKET 2023-2030

Lifesciences | Medical Devices & Consumables

ASIA-PACIFIC THERMOMETER MARKET 2023-2030

Market by Product Type, Application, and Country Outlook | Forecast 2023-2030

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Triton’s report suggests that the Asia-Pacific thermometer market is set to register a CAGR of 8.54% over the forecasting years 2023-2030.


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The studied region includes the following countries:

•         China

•         Japan

•         South Korea

•         India

•         Australia & New Zealand

•         ASEAN Countries

•         Rest of Asia-Pacific

The thermometer market in the Asia-Pacific region is on an upward trajectory, owing to the noticeable expansion of healthcare infrastructure and increased investment in research and development in specific countries. Vendors are expanding their customer base and venturing into emerging markets by incorporating novel features and technologies. Moreover, the pandemic led to innovation in healthcare technology, resulting in the development of advanced thermometers. Besides, governments in countries like Malaysia and Singapore are actively supporting and incentivizing medical device manufacturing, significantly contributing to the overall growth of the thermometer market in the region.

China leads with the highest share in the given market. With the world’s second-largest economy, the nation has seen significant growth in its thermometer market in recent years. In 2022, the industrial sector contributed significantly to the GDP, surpassing Germany’s entire economy. This strong industrial foundation has generated substantial demand for industrial thermometers, which play a crucial role in maintaining quality and precision in manufacturing processes.

Moreover, China’s aging population is rapidly increasing, and this demographic shift, combined with advancements in technology, is driving the expansion of the medical device sector. Medical thermometers, whether used for clinical or industrial purposes, are essential tools in healthcare and quality control procedures.

Thermometers are essential tools that significantly contribute to the effectiveness, safety, and excellence of various industrial activities, spanning manufacturing, HVAC systems, food and beverage production, and construction. In manufacturing, they are vital for overseeing critical processes like welding, casting, and curing. Similarly, in the HVAC sector, thermometers play a crucial role in maintaining precise temperature control within air and water systems.

The market’s growth is determined based on product type and application. The application further includes industrial, medical, food, laboratory, and other applications.

The notable companies in the thermometer market comprise Beurer GmbH, Exergen Corporation, Briggs Healthcare, and Omron Healthcare Inc.

Omron Healthcare Co Ltd, a subsidiary of Omron Corp, specializes in medical equipment catering to health monitoring and therapy. Its product range includes blood pressure monitors, digital thermometers, pedometers, nebulizers, body composition monitors, inhalers, and electric toothbrushes. With manufacturing facilities in China, Italy, Vietnam, and Brazil, Omron Healthcare serves markets across multiple regions. The company’s headquarters is located in Muko, Kyoto, Japan.


KEY DELIVERABLES OF THE REPORT:

·       Market CAGR during the forecasting years 2023-2030

·       Detailed data highlighting key insights, industry components, and market strategies

·       Comprehensive information and estimation of the thermometer market revenue growth in the Asia-Pacific and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

·       A wide-ranging study of factors that will challenge the APAC thermometer market’s growth during the upcoming years

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Table of Content

1. ASIA-PACIFIC THERMOMETER MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. PARENT MARKET ANALYSIS

2.2. IMPACT ANALYSIS ON THE THERMOMETER MARKET

2.2.1. COVID-19 IMPACT

2.2.2. UKRAINE-RUSSIA WAR IMPACT

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. INDUSTRY COMPONENTS

2.4.1. RAW MATERIALS

2.4.2. MANUFACTURERS

2.4.3. DISTRIBUTORS

2.4.4. RETAILERS

2.4.5. SALES

2.5. KEY BUYING IMPACT ANALYSIS

2.5.1. ACCURACY

2.5.2. EASE OF USE

2.5.3. RELIABILITY AND DURABILITY

2.5.4. SPEED

2.5.5. TYPE OF THERMOMETER

2.6. KEY MARKET STRATEGIES

2.6.1. COLLABORATIONS

2.6.2. PRODUCT LAUNCHES

2.7. MARKET DRIVERS

2.7.1. GROWING IMPORTANCE OF BODY TEMPERATURE MONITORING

2.7.2. HIGH INCIDENCE OF INFECTIOUS DISEASES

2.7.3. EVOLVING TECHNOLOGICAL LANDSCAPE

2.8. MARKET CHALLENGES

2.8.1. INCORRECT TEMPERATURE READINGS FROM THERMOMETERS

2.8.2. STRINGENT REGULATORY FRAMEWORK

2.9. MARKET OPPORTUNITIES

2.9.1. SOARING POPULARITY OF NON-CONTACT THERMOMETERS

2.9.2. INCREASING USE OF DIGITAL THERMOMETERS

2.10. ANALYST PERSPECTIVE

3. ASIA-PACIFIC THERMOMETER MARKET– BY PRODUCT TYPE

3.1. MERCURY-FREE THERMOMETERS

3.1.1. DIGITAL THERMOMETERS

3.1.2. INFRARED RADIATION THERMOMETERS

3.1.3. OTHER MERCURY-FREE THERMOMETERS

3.2. MERCURY-BASED THERMOMETERS

4. ASIA-PACIFIC THERMOMETER MARKET – BY APPLICATION

4.1. MEDICAL

4.2. INDUSTRIAL

4.3. FOOD

4.4. LABORATORY

4.5. OTHER APPLICATIONS

5. ASIA-PACIFIC THERMOMETER MARKET – BY COUNTRY OUTLOOK

5.1. CHINA

5.1.1. CHINA THERMOMETER MARKET FORECAST & PROSPECTS

5.2. JAPAN

5.2.1. JAPAN THERMOMETER MARKET FORECAST & PROSPECTS

5.3. INDIA

5.3.1. INDIA THERMOMETER MARKET FORECAST & PROSPECTS

5.4. SOUTH KOREA

5.4.1. SOUTH KOREA THERMOMETER MARKET FORECAST & PROSPECTS

5.5. ASEAN COUNTRIES

5.5.1. ASEAN COUNTRIES THERMOMETER MARKET FORECAST & PROSPECTS

5.6. AUSTRALIA & NEW ZEALAND

5.6.1. AUSTRALIA & NEW ZEALAND THERMOMETER MARKET FORECAST & PROSPECTS

5.7. REST OF ASIA-PACIFIC

5.7.1. REST OF ASIA-PACIFIC THERMOMETER MARKET FORECAST & PROSPECTS

6. COMPETITIVE LANDSCAPE

6.1. MEDLINE INDUSTRIES INC

6.1.1. OVERVIEW

6.1.2. PRODUCT PORTFOLIO

6.1.3. KEY STRENGTHS

6.1.4. KEY CHALLENGES

6.2. WELCH ALLYN

6.2.1. OVERVIEW

6.2.2. PRODUCT PORTFOLIO

6.2.3. KEY STRENGTHS

6.2.4. KEY CHALLENGES

6.3. EASYWELL BIOMEDICALS

6.3.1. OVERVIEW

6.3.2. PRODUCT PORTFOLIO

6.3.3. KEY STRENGTHS

6.3.4. KEY CHALLENGES

6.4. 3M

6.4.1. OVERVIEW

6.4.2. PRODUCT PORTFOLIO

6.4.3. KEY STRENGTHS

6.4.4. KEY CHALLENGES

6.5. RG MEDICAL DIAGNOSTICS

6.5.1. OVERVIEW

6.5.2. PRODUCT PORTFOLIO

6.5.3. KEY STRENGTHS

6.5.4. KEY CHALLENGES

6.6. MICROLIFE CORPORATION

6.6.1. OVERVIEW

6.6.2. PRODUCT PORTFOLIO

6.7. A&D MEDICAL

6.7.1. OVERVIEW

6.7.2. PRODUCT PORTFOLIO

6.8. AMERICA DIAGNOSTICS CORPORATION

6.8.1. OVERVIEW

6.8.2. PRODUCT PORTFOLIO

6.8.3. KEY STRENGTHS

6.8.4. KEY CHALLENGES

6.9. BEURER GMBH

6.9.1. OVERVIEW

6.9.2. PRODUCT PORTFOLIO

6.10. EXERGEN CORPORATION

6.10.1. OVERVIEW

6.10.2. PRODUCT PORTFOLIO

6.11. BRIGGS HEALTHCARE

6.11.1. OVERVIEW

6.11.2. PRODUCT PORTFOLIO

6.12. OMRON HEALTHCARE INC

6.12.1. OVERVIEW

6.12.2. PRODUCT PORTFOLIO

6.12.3. KEY STRENGTHS

6.12.4. KEY CHALLENGES

6.13. FAIRHAVEN HEALTH

6.13.1. OVERVIEW

6.13.2. PRODUCT PORTFOLIO

6.14. TERUMO CORPORATION

6.14.1. OVERVIEW

6.14.2. PRODUCT PORTFOLIO

6.14.3. KEY STRENGTHS

6.14.4. KEY CHALLENGES

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC THERMOMETER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

TABLE 2: LIST OF COLLABORATIONS

TABLE 3: LIST OF PRODUCT LAUNCHES

TABLE 4: ASIA-PACIFIC THERMOMETER MARKET, BY PRODUCT TYPE, 2023-2030 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC THERMOMETER MARKET, BY MERCURY-FREE THERMOMETER, 2023-2030 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC THERMOMETER MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC THERMOMETER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

List of Figures

FIGURE 1: INDUSTRY COMPONENTS

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: ASIA-PACIFIC THERMOMETER MARKET, BY PRODUCT TYPE, 2022 & 2030 (IN %)

FIGURE 4: ASIA-PACIFIC THERMOMETER MARKET, BY MERCURY-FREE THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC THERMOMETER MARKET, BY MERCURY-FREE THERMOMETERS, 2022 & 2030 (IN %)

FIGURE 6: ASIA-PACIFIC THERMOMETER MARKET, BY DIGITAL THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC THERMOMETER MARKET, BY INFRARED RADIATION THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC THERMOMETER MARKET, BY OTHER MERCURY-FREE THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC THERMOMETER MARKET, BY MERCURY-BASED THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC THERMOMETER MARKET, BY APPLICATION, 2022 & 2030 (IN %)

FIGURE 11: ASIA-PACIFIC THERMOMETER MARKET, BY MEDICAL, 2023-2030 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC THERMOMETER MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC THERMOMETER MARKET, BY FOOD, 2023-2030 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC THERMOMETER MARKET, BY LABORATORY, 2023-2030 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC THERMOMETER MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC THERMOMETER MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)

FIGURE 17: CHINA THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 18: JAPAN THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 19: INDIA THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 20: SOUTH KOREA THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 21: ASEAN COUNTRIES THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 22: AUSTRALIA & NEW ZEALAND THERMOMETER MARKET 2023-2030 (IN $ MILLION)

FIGURE 23: REST OF ASIA-PACIFIC THERMOMETER MARKET 2023-2030 (IN $ MILLION)

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