Insights on the Global Infrared Thermometers Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio
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.
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.
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.
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.
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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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