Insights on the Global Infrared Thermometers Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

LONDON–(BUSINESS WIRE)–#GlobalInfraredThermometersMarket–Technavio has been monitoring the infrared thermometers market and it is expected to decrease by USD 191.16 million during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • What was the value of the infrared thermometers market in 2019?
  • Technavio says that the value of the market was at USD 229.35 million in 2019 and is projected to reach USD 420.51 million by 2024.
  • What is the key factor driving the market?
  • Increasing prevalence of chronic diseases is one of the key factors driving the market growth.
  • Who are the top players in the market?
  • BPL Medical Technologies Pvt. Ltd., Cardinal Health Inc., Fluke Corp., Helen of Troy Ltd., HORIBA Ltd., Microlife Corp., OMRON Corp., Optris GmbH, Radiant Innovation Inc., and Thermo Fisher Scientific Inc. are some of the major market participants.
  • Which region is expected to hold the highest market share?
  • North America
  • What is the year-over-year growth rate of the global market?
  • The year-over-year growth rate for 2020 is estimated at 12.92%.

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. BPL Medical Technologies Pvt. Ltd., Cardinal Health Inc., Fluke Corp., Helen of Troy Ltd., HORIBA Ltd., Microlife Corp., OMRON Corp., Optris GmbH, Radiant Innovation Inc., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing prevalence of chronic diseases has been instrumental in driving the growth of the market.

Infrared Thermometers Market 2020-2024: Segmentation

Infrared Thermometers Market is segmented as below:

  • Type

    • Non-contact Infrared Thermometers
    • Contact Infrared Thermometers
  • Geography

    • North America
    • Europe
    • APAC
    • South America
    • MEA

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Infrared Thermometers Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our infrared thermometers market report covers the following areas:

  • Infrared Thermometers Market size
  • Infrared Thermometers Market trends
  • Infrared Thermometers Market analysis

This study identifies the high accuracy of infrared thermometers as one of the prime reasons driving the market growth during the next few years.

Infrared Thermometers Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the infrared thermometers market, including some of the vendors such as BPL Medical Technologies Pvt. Ltd., Cardinal Health Inc., Fluke Corp., Helen of Troy Ltd., HORIBA Ltd., Microlife Corp., OMRON Corp., Optris GmbH, Radiant Innovation Inc., and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the infrared thermometers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Infrared Thermometers Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist infrared thermometers market growth during the next five years
  • Estimation of the infrared thermometers market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the infrared thermometers market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of infrared thermometers market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by type
  • Non-contact infrared thermometers – Market size and forecast 2019-2024
  • Contact infrared thermometers – Market size and forecast 2019-2024
  • Market opportunity by type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Competitive scenario
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BPL Medical Technologies Pvt. Ltd.
  • Cardinal Health Inc.
  • Fluke Corp.
  • Helen of Troy Ltd.
  • HORIBA Ltd.
  • Microlife Corp.
  • OMRON Corp.
  • Optris GmbH
  • Radiant Innovation Inc.
  • Thermo Fisher Scientific Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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