Global Body Temperature Monitoring Devices Market Set for Sustainable Growth, Expects Azoth Analytics in New Report Available at MarketPublishers.com
15 Dec 2016 • by Natalie Aster
LONDON – The global market for body temperature monitoring devices is set to experience sustainable growth at a CAGR of over 5.3% over the period 2016-2021.
The growth will be primarily driven by an increasing prevalence of infectious diseases which is coupled with an upsurge in the demand for digital thermometers. In the meantime, mercury-based thermometers are witnessing a decline in the demand since awareness over disadvantages they have.
The largest share in the marketplace belongs to digital thermometers in terms of percentage. Infrared thermometers are expected to see swifter growth in the offing thanks to technological advancements, hospital efforts and government support.
Region-wise, the highest growth rate (7.74%) is projected to be in APAC in the coming years. This growth will result from a rise in the number of health clinics and hospitals, expansion occurring in the population base and the increase in the penetration of such thermometers in the region. Yet North America remains the number one player.
Welch Allyn, Terumo Corporation, Kaz Incorporation and Mediaid Inc. are among largest companies globally.
New research report “Global Body Temperature Monitoring Devices Market” drawn up by Azoth Analytics offers an up-close look at the worldwide market for body temperature monitoring devices. The study starts with a detailed overview of the world’s marketplace.
Then it provides a bird’s eye view of the products. The report proceeds with an analysis of this market on the basis of product types. The research study sheds light on regional marketplaces.
It investigates performance of this market across major countries like China, the U.K., India, and more. The research report insightfully explores dynamics of this market. The study also concentrates on the regulatory landscape as well as policies.
The research report focuses on the competitive environment by disclosing profiles of major companies. The study gives projections of development of this marketplace for the years to come.
More new reports by Azoth Analytics can be found at its page.