Globally, body temperature monitoring devices market is projected to exhibit a CAGR of over ~5.33% during 2016 – 2021
Date: 19 December 2016
Globally, the growth in body temperature monitoring devices is driven by the rising prevalence of infectious diseases, rising demand for disposable thermometers coupled with various other ancillary factors. Apart from that, in terms of segments, digital thermometers are gaining the maximum market share over the mercury based thermometers on account of the detrimental effects of mercury thermometers coupled with bans on mercury thermometers across large number of countries is inducing a downfall in the mercury thermometer market.
According to Azoth Analytics research report, “GlobalBody Temperature Monitoring Devices Market (Thermometers - Digital, Infrared,Mercury-Based; Temperature Trend): Analysis By Region, By Country (2016-2021)
– (By Value, By Volume; By Types - Digital Thermometers, Infrared thermometer, Mercury based thermometer, Temperature Trend Indicators; By Region - North America, Europe and APAC; By Country – China, Japan, India, UK, US, Germany, Canada), the body temperature monitoring devices market is projected to exhibit a CAGR of over ~5.33% during 2016 – 2021, segmented on the basis of type (Digital Thermometers, Infrared thermometer, Temperature Trend Indicators , Mercury based thermometer ),By Region (North America, Europe and APAC) and by Country (China, Japan, India, UK, US, Germany, Canada)”, is projected to exhibit a CAGR of over ~5.33% during 2016 – 2021, largely driven by increasing awareness towards the infectious diseases such as Ebola, Polio, Tuberculosis etc. and thus increasing adoption of thermometers for home use as well as in the clinics.
From the market point of view, Body Temperature Monitoring devices market is expected to witness a robust growth in the forecast period. Among the regions North America hold the major percentage share in the total body temperature monitoring devices market in the year 2015 (30.58%) projected to display a faster growth in the future owing to the increasing geriatric population coupled with rising popularity of self help health care approach along with the emerging government policies and technological advancements APAC is predicted to advance at the highest rate with a CAGR of 7.74% during the year 2016-2012F, which is mainly driven by the amplifying number of hospitals and health clinics coupled with an expanding population base along with the increasing penetration of infrared thermometers in the region.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global body temperature monitoring devices on the basis of Types (Digital Thermometers, Infrared thermometer, Temperature Trend Indicators , Mercury based thermometer ),By Region (North America, Europe, APAC and ROW).