Digital Electronic Thermometers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Digital electronic thermometers are devices used to measure the accurate body's temperature in an easy way. It uses a thermistor, thermocouple, or other temperature measurement sensors and digital display to show the digits. The average time required to detect the accurate temperature of the body is two minutes. It also has a memory storage function that allows the display of the last measured temperature of the individual. The digital thermometer does not have pollution problems such as mercury or glass breakage as in mercury thermometers.

MARKET SCOPE

The "Global Digital Electronic Thermometers Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the digital electronic thermometers market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading digital electronic thermometers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on type, the global digital electronic thermometers market is segmented into forehead type thermometer and ear type thermometer.
  
•  Based on application, the market is segmented into individual, hospital and clinic.
  

MARKET DYNAMICS

Drivers:

•   Increase in the number of medical conditions involving accurate measurement of body temperature to determine the line of treatment.
  
•   Requirement for maintenance of specific temperatures in various industries.
  
•   Technological advancement in devices for accurately measuring minute temperature differences.
  
•   Increase in fitness awareness among people.
  

Restraints:

•   Rising usage of mercury thermometers.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The digital electronic thermometers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the digital electronic thermometers market in these regions.

IMPACT OF COVID-19 ON DIGITAL ELECTRONIC THERMOMETERS MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to the high prevalence rate of COVID-19, the demand for the thermometers market was significantly affected. Increased body temperature serves as the common sign that the body is fighting against an infection, which is why physicians assume about the disease based on thermometer reading. Therefore, the spread of infection resulted in surged demand for thermometers in medical settings worldwide. Also, the ban on mercury thermometers due to environmental hazards and breakage of glass thermometers has also positively impacted the growth of the electronic thermometers market. Hence, owing to the above-mentioned factors, the market growth was affected in the pandemic.

MARKET PLAYERS

The report covers key developments in the digital electronic thermometers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from digital electronic thermometers market are anticipated to have lucrative growth opportunities in the future with the rising demand for digital electronic thermometers in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital electronic thermometers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Tecnimed Srl
  
•  Philips
  
•  Omron
  
•  Braun
  
•  Yuwell
  
•  Microlife
  
•  Hartmann
  
•  Berrcom
  
•  Citizen Group
  
•  Welch Allyn
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Digital Electronic Thermometers Report Scope